Brenna Lacey of Volk Company represented the seller, Walgreen Arizona Drug Co., in its sale of 70,481-square-feet of land to Fry’s Food & Drug Stores at the southwest corner of Rita Road and Houghton Road in Tucson. The sales price was $930,000 ($13.20 PSF). The land was purchased for a planned Fry’s Fuel Center. To learn more see RED Comp #3622.

Debbie Heslop, CCIM, and Dave Hammack of Volk Company represented the seller, D.D. Dunlap Companies, Inc., in its sale of 90 West River Road, Tucson The property, which consists of an approximately 5,081-square- foot building on approximately 20,204-square-feet of land, sold for $950,390 ($187 PSF). The purchaser was Skinner Capital Investments, LLC, who plans retrofit the premises for a Southern Arizona Urgent Care Plus facility scheduled to open in April. Buyer had obtained permits prior to closing. Aaron LaPrise of Cushman & Wakefield PICOR Commercial Real Estate represented the purchaser. To learn more see RED Comp #3590.

Alfred Padilla, Jr. purchased a former medical building at 100-104 E Ajo Way in Tucson to retrofit the premises for a real estate office. The 2,100-square-foot building on .26 acre is a former medical office that had been vacant for several years when it sold for $100,000 ($48 PSF). The building includes a 400-square-foot storage room that the buyer says will be converted in to a lounge area for Al Padilla Realty, expected to be open for business May 1^st. To learn more see RED Comp #3636.

Aaron LaPrise of Cushman & Wakefield | Picor represented the seller Tara Mahayana Buddhist Center in the sale of 1701 E Miles Street in Tucson for $205,000 ($66.32 PSF). Pinnacle Realty Investments (Jarrett Reidhead) purchased the vacant building, a former Buddhist meditation center, to renovate for student housing. The buyer was represented by Rick Bailey of Tucson Integrity Realty. To learn more see RED Comp #3619.

For additional information, Brenna Lacey and Debbie Heslop at Volk Company can be reached at 520.326.3200. Aaron LaPrise at Cushman & Wakefield Picor should be contacted at 520.546.2770. Rick Bailey at Tucson Integrity is at 520.331.8050 and Al Padilla Jr. currently with Tierra Antigua Realty is at 520.370.6363.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from November 16 thru 20, 2015.

RETAIL – 3085 E. VALENCIA RD., TUCSON
JustTrucks.com leased 8,660-square-feet of retail space at 3085 E. Valencia at the northwest corner of E. Valencia Rd. and S. Country Club Rd. in Tucson from DP’s Land Management Company, Inc.  Greg Furrier and Paul Hooker with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction.

INDUSTRIAL – 750 E. OHIO ST., TUCSON
XO Windows, LLC leased 6,000-square-feet at 750 E. Ohio St., Suites 3 & 4 in Tucson from Ohio Street Building No. 2 Ltd., LLLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.58 SF/MO Modified Gross; Tenant Phone: 602.455.6616[/mepr-show]

INDUSTRIAL – 1603 S. PANTANO RD., TUCSON
Tucson Reformed Baptist Church leased 5,280-square-feet in East Point Business Park at 1603 S. Pantano Rd., Suites 209 & 211, in Tucson from Buxton-Smith, Ltd.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Pete Villaescusa with CBRE, Inc., represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.477.1733[/mepr-show]

OFFICE – 6130 N. LA CHOLLA BLVD., TUCSON
Eye Associates, Ltd. renewed their lease for 4,683-square-feet at 6130 N. La Cholla Blvd., Suite 245 in Tucson from HCPI/Utah, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.408.9008[/mepr-show]

OFFICE – 3275 W. INA RD., TUCSON
Hanley Wood, LLC renewed their lease for 3,382-square-feet of office space at 3275 W. Ina Rd., Suite 260 in Tucson from Caldor Investments of Arizona, LLC.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, and Malcolm Marshall, III with Cushman & Wakefield of Washington, D.C., represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.00 SF/YR Full Service; Tenant Phone: 520.544.8200[/mepr-show]

INDUSTRIAL – 2002 N. FORBES BLVD., TUCSON
AVG Enterprises, Inc., dba Desert Clean Janitorial, leased 3,353-square-feet at 2002 N. Forbes Blvd., Suite 106 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: $0.65 SF/YR Modified Gross; Tenant
Phone: 520.747.8700[/mepr-show]

OFFICE – 2325 N. WYATT DR., TUCSON
Rincon Orthopedic Associates, PC renewed their lease for 2,315-square-feet at 2325 N. Wyatt Dr., Suite 103 in Tucson from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $18.50 SF/YR Modified Gross; Tenant Phone: 520.881.1922[/mepr-show]

INDUSTRIAL – 9040 S. RITA RD., TUCSON
Voiceriver, Inc. leased 1,846-square-feet at 9040 S. Rita Rd., Suite 2360 in Tucson from Campus Research Corporation.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR NNN[/mepr-show]

RETAIL – 16256 N. ORACLE RD., TUCSON
Tucson Flooring Designs leased 1,578-square-feet of retail space at 16256 N. Oracle Rd., Suites 100-110 in Catalina Village Shopping Center, from Sabre-Catalina, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 850 E. OHIO ST., TUCSON
Sahuaro Distributions leased 1,390-square-feet of industrial space at 850 E. Ohio St., Suite 23 in Tucson from RRL, Inc.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 6061 E. BROADWAY BLVD., TUCSON
Michael Thomas and Autumn Thomas leased a 1,342-square-foot space at 6061 East Broadway Boulevard, Suite 226, Tucson. The tenant plans to operate an Amway business office in the space. Other tenants in the center include Jason’s Deli, Merle Norman, Tandy Leather, and Images Salon. Rick Borane of Volk Company represented the Landlord, Broadway Place I L.L.C. [mepr-show rules=”58038″]Asking lease rate: $5.00 – $15.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 220 E. 27^th ST., TUCSON
Dragonfly Pool & Spa, LLC leased 1,200-square-feet at 220 E. 27^th St., Suite A in Tucson from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 SF/MO Industrial Gross; Tenant Phone: 520.631.3411[/mepr-show]

RETAIL – 7001 – 7153 N. ORACLE RD., TUCSON
New Body Pilates leased 996 square feet with Emily Acre at Casas Adobes Plaza. The tenant plans to operate New Body Pilates in the space. Casas Adobes Plaza is an upscale retail center anchored by Whole Foods at the southwest corner of Ina and Oracle. Other tenants in the center include Wildflower Grill, Sauce, Pei Wei, Chipotle, Frost Gelato, Chico’s, Loop Jeans, and J. Gilbert. Dave Hammack and Brenna Lacey of Volk Company represented the landlord, GRI Casas Adobes, LLC.

Tucson is getting the first new Fry’s supermarket in nearly a decade. It is planned for the southwest corner of Valencia Road and Indian Agency in Tucson. Tuttle-Click sold the 13.4 acres of vacant land at 1805 West Valencia to the supermarket for $3.51 million ($6 PSF).

The new Fry’s, a 104,000-square-foot supermarket, is planned to open in Q3 2016, with ground breaking anticipated for March.

Valencia is a main arterial road serving southwest Tucson with 48,582 average vehicles per day. The property is at a signalized intersection and a 7,800-square-foot of shop space and a 57,000-square-foot pad with drive-thru potential that will adjoin the new Fry’s Center is being marketed by Brenna Lacey and Kevin Volk with Volk Company in Tucson.

Neighboring tenants include Walmart Supercenter, Lowe’s and several banks and restaurants.

To learn more about the retail shop space for lease or the corner pad, contact Lacey and Volk at 520.326.3200.

For additional information see Red Comp #3320.

In other Supermarket news this week, a total of 94 Haggen stores were up for auction this past week as part of the company’s chapter 11 bankruptcy proceeding. The Bellingham, Wash.-based grocer entered the Tucson market in May 2014 as part of a massive expansion, growing from 18 stores to 164 stores almost overnight.

Court records filed in U.S. Bankruptcy Court for the District of Delaware show Albertsons’ has placed a $1 million bid for the former Haggen store at 10380 E. Broadway, which was formerly a Safeway and a $700,000 for its former store at 1350 N. Silverbell Road, which is slated to close by the end of the month.

No bid has been placed for the store at 8740 E. Broadway yet.

The three Tucson stores are part of 10 in Arizona that were up for auction. Albertson’s has also placed a $1 million bid for the store in Lake Havasu City. None of the three stores in Phoenix, two in Prescott or the one in Flagstaff received bids.

Albertson’s was successful bidder on 33 of the Haggen stores, Smart & Final won 4 and Sprouts another 4 stores at the auction.

To see the full list of Haggen stores sold at auction click here Haggen auction.pdf