Seattle-based Nordstrom, Inc. (NYSE: JWN) announced Thursday plans to open Nordstrom Rack at Wilmot Plaza in Tucson, Arizona. The approximately 25,000-square-foot store is scheduled to open in spring 2016. The property is owned by BP Wilmot Plaza LLC, an affiliate of Bourn Companies LLC, a commercial real estate investment, development and services company based in Tucson, Arizona.

Nordstrom Rack will be joining fellow anchors TJ Maxx and Dick’s Sporting Goods in the redeveloped Wilmot Plaza shopping center, located at the northeast corner of Broadway Boulevard and Wilmot Road, near Park Place Mall. Wilmot Plaza will encompass approximately 140,000-square-feet of retail space when the 10-acre shopping center is fully redeveloped.

“We’re excited to offer our customers in Tucson another location to shop for the brands they love at great prices by adding a second Nordstrom Rack at Wilmot Plaza,” said Geevy Thomas, president of Nordstrom Rack. “We’re hopeful this will give new and existing customers a more convenient shopping experience.”

The new store will be the seventh Nordstrom Rack in Arizona, and the second in Tucson, joining Nordstrom Rack at The Corner which opened in 2011. Nordstrom also operates two full-line stores in Arizona, and began serving customers in 1998 at Fashion Square in Scottsdale.

Since its origination in 1990, Bourn Companies and its predecessors have completed over 4 million-square-feet of acquisitions and developments, specializing in corporate office buildings, retail shopping centers and unique multi-family residential and hospitality properties.

“We are thrilled to once again to be working with Nordstrom to bring a Rack store to Wilmot Plaza to serve the east half of the market and southern Arizona,” said Don Bourn, principal of Bourn Companies, LLC.

In a separate transaction, Bourn Companies through affiliate, BP Grant PAD Investors LLC, bought a 31,748-square-foot retail pad at 6572 E Grant Road in Tucson from Target Corporation for $640,000 ($20.16 PSF). The property is located at Grant and Tanque Verde and was excess land for Target. Bourn purchased it to pre-lease for either a single tenant built-to-suit ranging from 2,500 to 7,500-square-feet, or possibly a multi-tenant building up to a 7,500-square-foot footprint.

Alan Tanner and Brigham Stevens with Bourn Advisory Services in Tucson are handling the leasing for both properties and should be reached at 520.323.1005.

For additional information on these transactions, see RED Comp #1136 and RED Comp #3148.

McDonald’s broke ground last week on a new 4,500-square-foot restaurant at Houghton Town Center. The less than one acre retail pad was purchased for $790,000. McDonalds will join Walmart, Discount Tire and Panda Express at the center located at 118 acre regional retail center at the southeast corner of Houghton and Old Vail Roads in the Vail area.

The seller, Houghton Developers is an affiliate of Tucson–based Diamond Ventures (Don Diamond, principal). Shannon Murphy with Diamond Ventures, Alan Tanner with Bourn Advisory Services in Tucson and Ben Craney of NAI Horizon in Tucson represented the seller and Brian Harpel of The Harpel Company represented the buyer.

From the Southeast to the Northwest, McDonald’s paid $775,000 for a second retail pad at Marana Main Street project. About one year after announcing plans to be the first tenant at the 28 acre Marana Main Street project located at Sandario Road near I-10.

The 4,500-square-foot McDonald’s is expected to open this fall under the management of Tucson franchise owners, Vic and Nicole Topper.

The seller was Marana Main Street Development (Chris Monson, director) of Tucson. Brian Harpel of The Harpel Company handled the Marana transaction.

McDonald’s also sold a former restaurant at 7202 E 22nd Street in Tucson to Eyebros, LLC dba Desert Star Mechanical of Tucson (Edmund Irving, Billy Fry, and Paul Carrillo members). The 5,118-square-feet of building (built 1985) on a 36,000-square-feet lot sold for $375,000 ($73 PSF) after McDonald’s moved to a new location at 22^nd and Kolb in Tucson.

The buyer of the former restaurant is an air conditioning and heating contractor that will occupy the property.

Brian Harpel of The Harpel Company represented McDonald’s and David Lee of David Lee Real Estate Company in Tucson represented the buyer.

To learn more Harpel should be reached at 520.721.7999; Murphy can be contacted at 520.577.0200; Tanner is at 520.323.1005 and Craney can be reached at 520.326.2200. David Lee can also be contacted at 520.795.3199.

[mepr-show rules=”58038″]Houghton Town Center pad closed 6/26/2014, APN: 141-18-612. Exact size of pad was not available. Marana Main Street pad closed on 6/16/2014; APN: 217-28-020J. 7202 E 22^nd Street closed on 5/13/2014. APN: 135-08-451. All transactions listed were all cash deals.[/mepr-show]

NEW OPENING – 9484 E 22nd STREET, TUCSON

Chipotle’s Mexican Grill opened store number nine in Tucson, Friday September 13.

Alan Tanner with Bourn Advisory Services of Tucson represented the Landlord, BP SWC 22nd and Harrison, LLC and Ben Craney of West Commercial Real Estate Advisors in Tucson represented Chipotle. For full story reported on Aug 8th click here.

NEW OPENING – 3837 E. BROADWAY BLVD, TUCSON

Smashburger opened its second location in Tucson Wednesday, September 11. Store hours are 10:00 to 10:00 daily. Richard Shenkarow of Shenkarow Realty Advisors in Tucson and Greg Furrier of Cushman & Wakefield Picor handled the lease transaction for landlord San Clemente, LLC and tenant. Click here for previous story.

NEW OPENING – 316 E. CONGRESS STREET, TUCSON

The Good Oak Bar opened its first wine bar in Tucson Friday, September 13, next to Diablo Burgers at The Rialto, owned by Scott Stitler. It features Arizona beers and wines as well as a limited menu from Diablo’s Burger’s kitchen. The name, “Good Oak” is said to be what “Arizona” means in the Basque language, according to the owner Derrick Widmark. For Previous report click here.

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