TUCSON, AZ — MIKID – Mentally Ill Kids in Distress, Inc. (Dick Geasland, CEO) purchased a 6,400- square-foot building, located at 925 E. Bilby Road in Tucson, from OneAZ Credit Union for $375,000 ($58.60 PSF).

MIKID is a non-profit, licensed Outpatient Clinic, Family-Run organization in the State of Arizona and contracts with all the Regional Behavioral Health Authorities (RBHAs) in the State as well as Gila River Indian Community and the AZ Community Rehabilitation Services Provider to provide behavioral health services to youth and families throughout AZ. MIKID currently has offices in Phoenix, Tucson, Yuma, Casa Grande, and Prescott Valley. In addition, MIKID offers in-home and community supports across the state.

MIKID provides support, education, and skills development to families and their children as well as youth and young adults who are experiencing mental health and behavior challenges throughout Arizona. This is accomplished through MIKID staff providing one-on-one family support, peer support, health promotion, support groups, training and education, both individual and community-based living skills, respite, and connecting families and individuals with natural supports in the community. MIKID’s approach is grounded in the focus of assisting families and youth to have a strong and respected voice in the services they receive, the systems that provide those services, and their community at large. These services are unique in that those staff providing many of these services are family members, parents, and young adults who have personal “lived experience” in dealing with behavioral health needs. MIKID requires all staff who provide services to the parents to have “lived experience”.

The property was formerly a Children’s Success Academy and buyer will use for office and learning facility. It has a large meeting hall, 12 classrooms, full working kitchen, fully fenced with four 20-foot wide gate entry points.  Administrative offices, and two large bathrooms.

M.I.K.I.D. has an office already in Tucson and will be relocating from 4500 E Speedway once the build out is complete.

Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the seller and Hani Aldulaimi, CCIM, with Keller Williams Realty East Valley, represented the buyer in this transaction.

For more information, contact Zimmerman at 520.248.0427 and Aldulaimi can be reached at 480.839.6600.

Kicks off the ground breaking of a new, 150,000 SF “Building Six”

PHOENIX, AZ– A 25,000-square-foot lease completed by the Phoenix office of JLL welcomes VenSure Employer Services to Building One at Chandler Freeway Crossing, a multi-building office campus developed by Mark IV Capital in Chandler, Arizona. The lease brings Building One – and all three buildings at Chandler Freeway Crossing – to 100 percent occupied.

It also kicks off the development of a new three-story, 150,000-square-foot Class A office building at the project.

JLL Managing Directors Dave Seeger, Karsten Peterson and Mark Gustin, along with Associate Elizabeth Collins, are the exclusive leasing brokers for Chandler Freeway Crossing and represented Mark IV Capital in the lease transaction. Hani Aldulaimi of KW Commercial represented VenSure.

Located at the intersection of the Loop 101 and Loop 202 freeways, Chandler Freeway Crossing is a 40-acre business park encompassing three existing Class A office buildings ranging from 45,000 to 170,000 square feet. Together, the buildings total 275,000 square feet and are fully leased to tenants including GM, ASML, SanDisk and VenSure – a Professional Employer Organization (PEO) providing payroll, human resources, employee benefits, workers compensation, workplace safety and loss control services to businesses across the U.S.

VenSure will relocate from Mesa to Chandler Freeway Crossing in September.

“VenSure was looking for a high-quality corporate campus with a flexible building – something that it could develop into a creative and collaborative environment for its employees,” said Seeger. “Chandler Freeway Crossing provided this, with an empty shell and 25-foot open ceiling grid that allows VenSure to implement dynamic open office features, as well as a mezzanine overlooking the open cube environment.”

“Our projects focus on delivering best in class working environments for businesses. Chandler Freeway Crossings is a great example of our firm’s focus on creating environments that cater to a tenant’s specific needs. VenSure is a welcome addition to the project. We collaborated with them to create a space that would be inclusive of the specific elements that they sought out during their search for a new location,” said Kelly Kharbanda, Regional Vice President at Mark IV Capital. “With their lease, all three of our buildings at Chandler Freeway Crossing are now fully occupied – a good place to be as we break ground on our next Class A building at this site and a testament to the area’s strong demand.

The new building at Chandler Freeway Crossing (referenced as Building Six) totals 150,000 square feet in three stories. It is located at 2625 W. Geronimo Place, at the southwest corner of Geronimo Place and Ellis Street. Amenities include a rooftop deck, 6.5/1,000 parking ratio and freeway visibility that includes building signage opportunities and a 60-foot tall, freeway-facing monument sign.

An additional building (referenced as Building Five) is part of the Chandler Freeway Crossing master plan. Building Five will total 125,000 square feet and will be developed upon the successful lease-up of Building Six.

Chandler Freeway Crossing offers direct access to the Loop 101 and Loop 202 freeways, and is minutes from Chandler Fashion Center, with more than 240 restaurant and retail amenities. This is part of more than 5 million square feet of retail and restaurant space located within a five-mile radius of the project. There are also four hotels (Hilton, Marriott, Hampton and Homewood Suites) within one mile of the project. Nearby corporate neighbors include Intel, Wells Fargo, Orbital Sciences, Amkor Technologies, Infusionsoft and eBay.

The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report the week of April 13 thru 17, 2015.

RETAIL – CENTRAL SQUARE SHOPPING CENTER GOODYEAR, AZ
A lease for 6,264 square feet in Central Square Shopping Center to Great Beginnings Preschool and Childcare was recently consummated. The location of the property is 13380 W. Van Buren St. in Goodyear, AZ. Great Beginnings has 2 other locations. Richard Mackay of Rein & Grossoehme represented the owner and Hani Aldulaimi of KW Commercial represented the tenant.

RETAIL – SHOPS AT TATUM & DYNAMITE, CAVE CREEK, AZ
A lease for 2,007-square-feet at Shops at Tatum & Dynamite on the NEC of Tatum Blvd & Dynamite Rd in Cave Creek, AZ to Orenda Force Wellness Center was recently consummated. The owner of the center is Bengin, LLC. Jared Lively of Rein & Grossoehme represented the landlord and Greg Van Lerghe of Sperry Van Ness represented the Tenant.

RETAIL – THE SHOPS AR DESERT RIDGE, PHOENIX, AZ
A lease for 1,520-square-feet in The Shops at Desert Ridge Corporate Center to One Stop Nutrition was recently consummated. The location of the property is NWC Loop 101 and Tatum in Phoenix, AZ. One Stop Nutrition has 19 other locations. The owner of the center is Regent Properties. Joshua Stewart of Rein & Grossoehme represented the tenant and Adam Madison of Cushman & Wakefield represented the landlord.

RETAIL – SHOPS AT TATUM & DYNAMITE, CAVE CREEK, AZ
A lease for 1,307-square-feet at Shops at Tatum & Dynamite on the NEC of Tatum Blvd & Dynamite Rd in Cave Creek, AZ to MoBoo Ventures, LLC was recently consummated. The owner of the center is Bengin, LLC. Jared Lively of Rein & Grossoehme represented the tenant and the landlord on this transaction.