Scottsdale, Arizona – Conor Commercial Real Estate, a member of The McShane Companies, and Globe Corporation, are pleased to announce that the construction of AZ|60 is complete and is ready for immediate occupancy.

The new two-building, 225,600 total square foot speculative industrial property is located within Fiesta Tech Center strategically positioned just off the intersection of Arizona Avenue and Baseline Road in Gilbert, Arizona. This premier urban infill location offers substantial transportation cost savings to industrial users with its close proximity to U.S. Route 60 just one mile away, the Loop 101 three miles away, and downtown Phoenix within 20 miles. The site is also within a three-mile radius to nearly 13-million-square-feet of retail amenities.

AZ|60 was thoughtfully designed and constructed to maximize efficiency offering flexible configurations and modern amenities meeting the growing demand for Class A space within Gilbert’s robust industrial sector. The architecturally striking development is comprised of two rear-loaded industrial facilities – Building 1 offering 104,900-square-feet and Building 2 at 120,700-square-feet. Tenant suites are available from 15,000-square-feet to a full building user.

The Class A speculative development offers state-of-the-art functionality including 30’ clear heights, grade level and dock-high loading, 180’ building depths, 52’ x 60’ column spacing, ESFR sprinkler systems and advanced utility infrastructure to accommodate heavy industrial users.  Ample on-site parking is provided with a 1.7/1,000 square foot parking ratio together with deep truck courts offering optimal truck maneuverability.

“We are pleased to bring AZ|60 to the market with our long-standing partner, Globe Corporation,” remarked Sven Tustin, Vice President of Conor Commercial Real Estate. “This Class A property responds to the rising demand of users seeking high-quality warehouse/distribution and advanced manufacturing space within Gilbert’s industrial submarket. With a contemporary design and efficient features, coupled with a strategic infill location and business park setting, we are confident that AZ|60 satisfies multiple requirements and provides numerous advantages to businesses.”

McShane Construction Company and Ware Malcomb served as the design/build team for AZ|60. Steve Larsen and Bill Honsaker of JLL’s Phoenix office are serving as the exclusive marketing agents for the property.

For more information about AZ|60, contact Larsen at 602.282.6296 or Honsaker at 602.282.6267 or visit the property’s website at www.az60industrial.com.

PHOENIX, ARIZONA – NAI Horizon Senior Vice President Isy Sonabend represented the buyer in the $2.786 million ($58 PSF) sale of a former truck dealership and repair facility at 2600 W. McDowell Rd., in Phoenix.

NAI Horizon represented 2600 W. McDowell, LLC, in the acquisition of the 48,000-square-foot building that includes industrial workshops and canopies.

The property sits on 11 acres and features 3,876 SF of office space, 21 enclosed truck bays with 3-ton crane capacity, 18 open canopy bays with 5-ton crane capacity, and 17- to 20-foot clear height.

“The location at the crossroads of the I-10 and I-17 interstates, coupled with lot size, attracted the buyer.” Sonabend said. “The buyer is excited to be a part of the revitalization of the area.”

The seller, Rush Truck Centers of America, was represented by Bill Honsaker of JLL.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from December 21 thru 31, 2015.

INDUSTRIAL – 3190 N. FREEWAY INDUSTRIAL LOOP, TUCSON
Hoffman Southwest Corp. leased 29,060-square-feet at 3190 N. Freeway Industrial Loop in Tucson from GYRLS Group, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.741.0796[/mepr-show]

INDUSTRIAL – 2000 E. SILVERLAKE RD., TUCSON
L-com, Inc. leased 25,008-square-feet at 2000 E. Silverlake Rd. in Tucson from Cherrylake Partners, LLC.   L-com Global Connectivity, a preferred manufacturer of wired and wireless connectivity products, offers a wide range of solutions and unrivaled customer service for the electronics and data communications industries. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Bill Honsaker with Jones Lange LaSalle Americas, represented the tenant in this transaction.

OFFICE – 4400 E. BROADWAY BLVD., TUCSON
Arizona State Retirement System, an Agency of the State of Arizona, leased approximately 7,114-square-feet of office space located at 4400 E. Broadway Blvd., Suite 200, Tucson, Arizona, from 4400 Broadway, LLC.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord and Chris Corney of Jones Lang LaSalle represented the Tenant in the transaction.

INDUSTRIAL – 2002 N. FORBES BLVD., TUCSON
LeCroy & Milligan Associates, Inc. leased 5,661-square-feet at 2002 N. Forbes Blvd., Suite 101 in Tucson from Tucson North Forbes Ventures, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.40 SF/MO Modified Gross; Tenant Phone: 520.326.5154[/mepr-show]

OFFICE – 6565 E. CARONDELET DR., TUCSON
Tucson Dermatology, Ltd. leased 4,933-square-feet at 6565 E. Carondelet Dr., Suite 145 in Tucson from Tucson II Mob Owner, LLC.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Esther Empens with Tierra Antigua Realty, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $22.00 SF/YR Full Service; Tenant Phone: 520.886.4199[/mepr-show]

OFFICE – 1640 E. RIVER RD., TUCSON
Academy Mortgage Corporation renewed their lease for 3,926-square-feet of office space at 1640 E. River Rd., Suites 207 and 208 in Tucson from George Caughman.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Gary Best with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.448.5337[/mepr-show]

RETAIL – 5150 N. LA CHOLLA BLVD., TUCSON
Global RV leased 3,660-square-feet at 5150 N. La Cholla Blvd., Suite B in Tucson from Sixteenth St., LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3845 N. BUSINESS CENTER DR., TUCSON
Arizona Minerals, Inc. leased 2,538-square-feet at 3845 N. Business Center Dr., Suite 115 in Tucson from NTBC Trust Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR /Full Service[/mepr-show]

INDUSTRIAL – 3845 N. BUSINESS CENTER DR., TUCSON
Stewart Title and Trust of Tucson renewed their lease for 2,200-square-feet at 3845 N. Business Center Dr Suite 108 in Tucson from A & P Investments.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR Full Service; Tenant Phone: 520.327.7373[/mepr-show]

RETAIL – 4990 S. CAMPBELL AVE., TUCSON
Ishaq Ali, D.D.S. leased 1,600-square-feet of retail space at 4990 S. Campbell Ave., Suite 120 in Tucson from Sabre-Campbell, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.  [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR NNN; Tenant Phone: 520.579.1500[/mepr-show]

RETAIL – 2416 E. BROADWAY BLVD., TUCSON
Liberty Tax Service has leased 1,500-square-feet at 2416 E. Broadway Blvd., for a period of 3 years, from 2424 E. Broadway, Ltd., Robert Nolan of Oxford Realty Advisors handled the transaction.

INDUSTRIAL – 3865 E. 34^th ST., TUCSON
Act Fast Delivery of Tucson, Inc. renewed their lease for 1,376-square-feet at 3865 E. 34th St., Suite 106 in Tucson from A & P Investments.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.512.8690[/mepr-show]

OFFICE – 2380 N. FERGUSON AVE., TUCSON
Charles Krone, M.D., P.C. renewed their lease for 1,316-square-feet of medical office space at 2380 N. Ferguson Ave., Suite 102 in Tucson from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.795.7260[/mepr-show]

INDUSTRIAL – 3720 S PARK AVE., TUCSON
Miracle Honeybee Company leased 1,170-square-feet at 3720 S. Park Ave., Suite 605 in Tucson from William Lee, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking Lease rate: $0.40 SF/MO NNN; Tenant Phone: 520.883.4026[/mepr-show]

OFFICE – 310 N. WILMOT RD., TUCSON
Ken Lamm Physical Therapy, PLC leased 1,161-square-feet of medical office space at 310 N. Wilmot Rd., Suite 104 in Tucson from MJN Investments, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and Alain Hartmann with Hartmann Commercial Real Estate, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking Lease rate: $19.50 SF/YR Modified Gross; Tenant Phone: 520.318.1996[/mepr-show]

OFFICE – 231 W. GIACONDA WAY, TUCSON
AGOLD Services, Inc., dba ProTitleUSA, leased 1,004-square-feet of office space at 231 W. Giaconda Way, Suite 129 in Tucson from Giaconda 205 Partners, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Kristy Kelley with Long Realty Commercial, represented the tenant in this transaction.

OFFICE- 1701 W. ST. MARY’S RD., TUCSON
Hassan Shafeeq, M.D. and Aishath Shahuda leased 825-square-feet of medical office space at 1701 W. St. Mary’s Rd., Suite 102 in Tucson from HR Acquisition I Corporation.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking Lease Rate: $19.00 SF/YR NNN; Tenant Phone: 520.290.5888[/mepr-show]

INDUSTRIAL – 3790 E. 44^th ST., TUCSON
Groves Guitars, LLC leased 750-square-feet at 3790 E. 44th St., Suite 260 in Tucson from RR44, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.