TUCSON, ARIZONA — O’Reilly Auto Enterprises, LLC purchased a 42,154-square-foot lot near the southeast corner of Ajo Way and Kinney Road.  The seller was SEC Ajo & Kinney LLC, an affiliate of Glenwood Development of Mesa.

The land sold for $750,000 ($17.79 PSF) and will be used to construct a 6,300-square-foot O’Reilly Auto Parts store.

Debbie Heslop, CCIM, of Volk Company represented the buyer in the transaction.

The planned O’Reilly Auto Parts will be adjacent to a multi-tenant building under construction in the new retail project being developed by Glenwood Development Company.  Tenants of that planned retail building include Domino’s Pizza, Dairy Queen and Cricket.  Kevin Volk of Volk Company is the leasing agent of this property.

For more information, Heslop and Volk can be reached at 520.326.3200.

To learn more, see RED Comp #6466.

TUCSON, ARIZONA – Pima County Real Estate Research Council 3^rd Quarter Meeting will be held August 16^th and discussing The Amazon Project, how Amazon picked Tucson for one of its latest fulfillment centers.

Speakers will include Mike Levin, Executive Vice President of the Port of Tucson located in Century Park Research Center, Southeast of Tucson, Arizona where Amazon chose to build. Within the 767 acres of  Century Park is over 1.8 million square feet of existing warehousing, distribution and manufacturing facilities available. Build to suit with lease and purchase options are also available within Century Park.  Designated by the City of Tucson and Pima County as ‘Shovel Ready’ for custom built facilities such as Amazon. Century Park is also a designated and Active Foreign Trade Zone (FTZ 174, Site 2).  For companies that ship or receive goods internationally, there are tax and tariff benefits that can make your company more competitive in the global market another attraction for Amazon.

Daniela Gallagher,  Vice President, Economic Development at Sun Corridor. Daniela is responsible for the management of a wide range of economic development efforts, including location advisory to national and international companies looking to establish or expand their presence in Southern Arizona, such as Amazon. Before joining Sun Corridor Inc. in 2011, Daniela spent the majority of her career as a Certified Air Transport Manager and Logistics expert overseas. In this role, she coordinated day-to-day operations for international air carriers, including passenger and aircraft operations, by providing aeronautical science and air transportation principle expertise, a synergistic role with the Port of Tucson.

Carla Blackwell, Director of Pima County Development Services.The mission of Development Services is to contribute to our customers’ success in building and maintaining safe and sustainable communities by providing helpful, timely and quality services.

Broker Roundtable to include:
Dave Volk (CBRE) – Office
John Carroll (Land Advisors) – Land
Max Fisher (PICOR) – Industrial
Kevin Volk (Volk Company) – Retail

Pima County Real Estate Research Council 3rd Quarter Meeting will be held August 16th, 2018 at Tucson Association of REALTORS® office, 2445 N. Tucson Blvd., Tucson, AZ.  7:30am – Registration (Free continental breakfast!) and 8:00am – 10:00am – Program

Free to all PCRERC members. Non-members are welcome to attend ONE meeting for $50.00. Membership is required to attend ANY additional meetings. If a PCRERC member is unable to attend the meeting, a member of his/her organization may be substituted; just let us know [email protected].

CLICK HERE TO REGISTER for the Amazon Project on Thursday, August 16^th.

The  mission of Pima County Real Estate Research Council (PCRERC) is to be an effective provider of information, education, insight and data resources to the Southern Arizona residential and commercial real estate community within a setting that promotes social networking to its membership. PCRERC is a private, not-for-profit entity, featuring a diverse membership of Real Estate Professionals & Business Leaders.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 30 thru Aug. 3, 2018.

INDUSTRIAL – 9538 E. OLD VAIL RD., TUCSON
uSimple renewed their lease for 50,400 SF at 9538 E. Old Vail Road with JAH Tucson LLC.  Gary Emerson of GRE Partners, LLC represented the Landlord and Pat Welchert of Alpha Commercial Real Estate Service represented the tenant.

OFFICE – 7440 N ORACLE RD., STE #1, ORO VALLEY
Radiance Therapeutics leased 2,500-square-feet at 7440 N Oracle Road, Ste #1 in Oro Valley, AZ. Juan Teran, CCIM, with Realty Executives Tucson Elite represented the landlord and Tom Hunt with Tango Commercial Real Estate represented the tenant. [mepr-show rules=”58038″]Lease started June 1, 2018; 4-year term at $19 PSF[/mepr-show]

INDUSTRIAL – 7620 N. HARTMAN LN., TUCSON
International Textile Traders, Inc. dba Arizona Uniform and Apparel leased 1,600-square-feet at Continental Commerce Park located at 7620 N. Hartman Lane, Tucson, AZ.  David Blanchette with NAI Horizon represented the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.324.0344[/mepr-show]

OFFICE – HOUGHTON TOWN CENTER, TUCSON
Realty Executives leased 1,397-square-feet of additional space adjoining its 2,400-square-foot existing office at Houghton Town Center. Juan Teran, CCIM, with Realty Executives represented the tenant. [mepr-show rules=”58038″]Phone: 520.977.5905. Commencement date: May 2018. Lease rate: high $20’s PSF for 10-year term.[/mepr-show]

RETAIL – 1295 W. DUVAL MINE RD., SAHUARITA
Sushi Lin has signed a lease for 1,306-square-feet at 1295 W. Duval Mine Road, Sahuarita, AZ in Sahuarita Palms Plaza located at the southeast corner of La Canada and Duval Mine Road.  The owner, Chin Lin and Huirong Zou, own and operate Panda House Chinese Restaurants that they built in Green Valley & Sahuarita. The first location in Sahuarita Plaza has been open for eight years and their second location in Continental Plaza has been open for one and a half years. The new Sushi Lin restaurant is expected to open in November 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Tenant, Sushi Lin, and the Landlord was represented by Rob Tomlinson of Cushman & Wakefield | Picor in this transaction.

OFFICE – 7440 N ORACLE RD., STE #3, ORO VALLEY
Edward Jones leased 1,300-square-feet at 7440 N Oracle Rd., Ste #3, in Oro Valley, AZ. Juan Teran, CCIM, with Realty Executives Tucson Elite represented the landlord. [mepr-show rules=”58038″]Commencement date July 1. Lease rate: $19 PSF and 5-year term.[/mepr-show]

RETAIL – SW CORNER of SPEEDWAY BLVD & CRAYCROFT RD., TUCSON
Studio 98 has leased a 1,210-square-feet of space at Speedway Craycroft Plaza, located on the SW corner of Speedway Blvd and Craycroft Rd. The Premises will be used as a full service men and women’s hair salon and for the sales of related products and services. They are scheduled to open for business August 2018.  Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord, Larsen Baker.

RETAIL – 1325 W. DUVAL MINE RD., SAHUARITA
Ishaq Ali, DDS dba Altamira Dental has signed a lease for 1,200-square-feet at 1325 W. Duval Mine Rd. Sahuarita, AZ in Sahuarita Palms Plaza located at the southeast corner of La Canada & Duval Mine Rd. Dr. Ali currently owns a dental office in Tucson, and has been practicing dentistry at a clinic in Sahuarita for several years. This will be Dr. Ali’s 2^nd practice. The new clinic in Sahuarita Palms Plaza is expected to open in the 4^th quarter of 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord and the tenant Dr. Ali represented himself in this transaction.

RETAIL – 40 E. CONGRESS ST., TUCSON
Serial Grillers, LLC leased approximately 1,184-square-feet at 40 East Congress Street. Serial Grillers offers a wide variety of food, including pizza, sandwiches, burgers, and American fare along with a wide selection craft beer and wine. This will be their fifth Tucson-area location. The landlord is BP City Park Operator, LLC, which was represented by Bourn Advisory Services, LLC.  Jeramy Price of Volk Company represented Serial Grillers, LLC.

OFFICE – 6595 N. ORACLE RD., TUCSON
JSN, LLC leased a 1,160-square-foot office space at Los Altos Plaza, located at 6595 North Oracle Road Suite 135 to Alan D Cross, D.C., P.C.. Ian Stuart and Bruce Suppes with CBRE’s Tucson Office represented the landlord. Janine and Mark Irvin with Mark Irvin Commercial Real Estate represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 2424 E. BROADWAY BLVD., TUCSON
LUCHA 501C4 leased 1,053-square-feet located at 2424 E. Broadway, Tucson, AZ.  Andrew Sternberg with NAI Horizon Tucson represented the landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 – $13.50 SF/YR Modified gross[/mepr-show]

RETAIL – AJO & KINNEY, TUCSON
Direct Paging and Cellular, Inc. leased 1,000-square-feet at Ajo & Kinney is a new retail building to be constructed just east of the southeast corner of Ajo Highway and Kinney Road. The tenant will open Cricket Wireless in the space and will join Domino’s and Dairy Queen. This brings remaining space at the building down to 2,300 square feet.  Kevin Volk of Volk Company represented the Landlord, Ajo SEC Shops LLC,

RETAIL – CRAYCROFT RD., S of SPEEDWAY BLVD., TUCSON
Paw Prints has leased a 837 SF space at Craycroft Plaza, located on Craycroft Rd. just south of Speedway Blvd. The Premises will be used as a pet training facility and for the sale of related products and services. They are scheduled to open for business September 2018. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. [mepr-show rules=”58038″]Phone: 520.571.7877[/mepr-show]

RETAIL – 4811 E GRANT RD., TUCSON
United Healthcare has renewed their lease at Crossroads Festival, located on the NE corner of Grant Rd. and Swan Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

RETAIL – NW CORNER of TANQUE VERDE RD & CATALINA HWY. TUCSON
Essie Nails has renewed their lease at Bear Canyon Shopping Center, located on the NW corner of Tanque Verde Rd. and Catalina Highway. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.344.8513[/mepr-show]

RETAIL – SW CORNER of BROADWAY BLVD & CRAYCROFT RD, TUCSON
Silverberg & Sons has renewed their lease at Tucson Place Shopping Center, located on the SW corner of Broadway Blvd. & Craycroft Rd. Andy Seleznov and Melissa Lal of Larsen baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.750.1250[/mepr-show]

RETAIL – CRAYCROFT RD., S of SPEEDWAY BLVD., TUCSON
Saguaro Speech Therapy has renewed their lease at Craycroft Plaza, located on Craycroft Rd. just south of Speedway Blvd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Phone: 520.398.6834[/mepr-show]

RETAIL – SW CORNER of BROADWAY BLVD & CRAYCROFT RD, TUCSON
Asian Eyebrow Threading has renewed their lease at The Plaza at Williams Centre, located on the SW corner of Broadway Blvd. & Craycroft Rd.. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

Submit sale and lease to [email protected]