Demolition is underway at the aging, partially empty shopping center at Broadway Boulevard and Wilmot Road in preparation for redevelopment.
The center’s new owner, Bourn Companies, intends to revitalize the 10-acre Wilmot Plaza at the intersection’s northeast corner as a “first-class shopping center.” But first, that means knocking down the unoccupied north half. TJ Maxx, Christie’s Appliance, Brawley’s Restaurant and R&S Mattress will remain open as the vacant buildings are razed, and eventually undergo complete remodels themselves.
Bourn, the locally owned and operated commercial real estate investment, development and services company, acquired the property last year for $6.2 million. At that time, the center, which was built in 1956, was more than half vacant.
The redevelopment should take about a year. No new tenants are being announced at this time, but this is a high-profile intersection in the desirable orbit of Park Place Mall and it has a precedent for supporting redevelopment – see last year’s transformation of the former El Mercado site at the southeast corner, now home to a CVS drugstore.
SALES & LEASES
Old Pueblo Community Services purchased a 10,200 square-foot group home facility at 3701 E. 3rd St. from Rio Verde Ventures for $600,000. Bob Kaplan with Cushman & Wakefield | PICOR represented the seller. Jack Hopkins with Tierra Antigua Realty represented the buyer.
Victory Police Motorcycles, LLC purchased a 14,730 square-foot industrial building on 1.21 acres at 1400 S. Alvernon Way from Commerce Bank of Arizona for $595,000. Brandon Rodgers, CCIM with Cushman & Wakefield | PICOR represented the seller. Pat Connor with Charter Capital Realty & Investments, LLC represented the buyer.
Max Holdings, LLC bought a 2,200 square-foot office building at 6743 Camino Principal from Hilbert Schouten, William Pearce, Marc Klein and Elizabeth A. Sullivan for $216,000. Ron Zimmerman with Cushman & Wakefield | PICOR represented the sellers. David Carroll with Romano Real Estate represented the buyer.
MPG Automotive Services Valencia, LLC leased 5,300 square feet at 1401 W. Valencia Road, Suite 101 from Fletcher’s Tire & Auto Service, Inc. Ron Zimmerman with Cushman & Wakefield | PICOR represented both parties in this transaction.
Greenshield Pest Control of Tucson leased 1,200 square feet at 4595 S. Palo Verde Road, Suite 501 from Presson Equity Partners, LLP. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR handled this transaction.
Paragon Design Services, LLC leased 1,200 square feet at 2410 W. Ruthrauff Road, Suite 100 from Presson Scottsdale, LLC. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR handled this transaction.
U.S. Security Associates Company leased 1,170 square feet at 3710 S. Park Ave., Suite 702 from William Lee, LLC. Ron Zimmerman with Cushman & Wakefield | PICOR, represented the landlord.
The following businesses leased space from Presson Corporation at 1870 W. Prince Road:
Steele Design, LLC leased 1,440 square feet in Suite 4
Solar Solutions leased 2,792 square feet in Suite 22-23
Rob Glaser, SIOR, CCIM, and Paul Hooker, both with Cushman & Wakefield | PICOR, handled these transactions.
Hill-Rom Company, Inc. leased 3,600 square feet at 4565 S. Palo Verde Road, Suites 215, 223 and 225 from Presson Equity Partners, LLP. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR handled this transaction.
Mike Giachetti dba Recycling Household Items leased 4,639 square feet at 3949 E. 29th St., Suite 710-711 from Presson Midpoint, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, both with Cushman & Wakefield | PICOR, handled this transaction.
Indian Motorcycles leased 7,722 square feet at 4037 N. Oracle Road from Poz Ben Bon Investment Corporation. Aaron LaPrise with Cushman & Wakefield | PICOR represented the tenant. John Hamner with KW Commercial represented the landlord.
BABCO International, Inc. leased 8,523 square feet at 1931 W. Grant Road, Suite 330 from First Family Company, Ltd. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord. Steffan Cione with Cione Company represented the tenant.
Alchemy Plastics, Inc. leased 10,306 square feet at 10900 N. Stallard Place, Suite 140-160 from Daryl B. Ross and Melvin S. Ross. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord. Gary Best with Keller Williams of Southern Arizona represented the tenant.
Dal-Tile Distribution, Inc. leased 10,800 square feet at 1861 W. Grant Road, Suite 109 from Walker Tucson Properties, LLC. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord. Bob Delaney and Tim Healy with CBRE Tucson represented the tenant.
Inspired Life Chiropractic & Wellness leased approximately 1,575 square feet of office space located at 2055 N. Kolb Road from Busby, Sanford, & Brady CPA’s PLC. Tari Auletta, CCIM, and Doug Richardson of Tucson Realty & Trust Co. represented both the landlord and the tenant.
Williams & Williams Spa & Tan, Inc. leased 1,500 square feet at Rillito Crossing Marketplace at the northeast corner of North First Avenue and East Limberlost Drive. The tenant plans to open Planet Beach tanning salon in the space. Rick Borane and Dave Hammack of Volk Company represented the landlord, Rillito Marketplace One, LLC.
Amerit Fleet Solutions, Inc. leased 5,000 square feet at 5254 N. Casa Grande Highway from John Herder, LLC. Russ Hall, SIOR, GSCS and Steve Cohen, both with Cushman & Wakefield | PICOR, and Chris Burns with Cushman & Wakefield of California represented the tenant. Henry Zipf of Henry Zipf Realty represented the landlord.
StrengthBuilding Partners, LLC leased 6,575 square feet at 4560 S. Coach Drive from DHT Enterprises, Inc. Las Puertas Community School, a program of StrengthBuilding Partners, will be utilizing the space. Las Puertas Community School is a tuition-free public charter school, opening in August for grades 6-8. Pat Welchert, SIOR with Cushman & Wakefield | PICOR represented the landlord. Russ Hall, SIOR, GSCS and Steve Cohen, both with Cushman & Wakefield | PICOR, represented the tenant.
Hi-Fi Tucson, LLC leased approximately 6,307 square feet at 350 E. Congress St. from Tucson Properties 1, LLC, and OT Alegria, LLC. Hi-Fi, a restaurant and bar, opened for business in April. Hank Amos and Pat Darcy of Tucson Realty & Trust Co. represented the tenant.
THIS & THAT
Nicole Brule-Fisher with RE/MAX Trends has been elected 2015 president of the Tucson Association of Realtors (TAR). In January 2015, she will replace current president Steve Redmond of Long Realty Company, whose one-year term expires at that time.
Joining Brule-Fisher as 2015 TAR officers will be President-elect Eric Gibbs of Coldwell Banker Residential Brokerage, Vice President Greg McCown of Century 21 1st American and Treasurer Lynn Hellwig of HomeSmart Advantage Group.
Brule-Fisher became a Realtor in 2002 and joined RE/MAX in 2013. She has also worked with Keller Williams Southern Arizona and Realty Executives Southern Arizona.
She has served on the National Association of Realtors (NAR) board and is a graduate of the NAR Leadership Academy. She is a member of the NAR Land Use Property Rights & Environment Committee, and the Public Policy Committee.
Locally, Brule-Fisher was the Tucson region’s first EcoBroker and also the first to earn GREEN certification. She is active in the TAR Green Committee, Government Affairs Committee, and serves on the board of the Tucson Realtors Charitable Foundation. In 2010, she was TAR Realtor of the Year.
The remaining 2015 Realtor board includes Ignacio Castro of Castro Real Estate Services, Christopher Cobb of Cobb Realty, Ginny Huffman of Imagine Realty Services, Darla Johnson of Vista One Realty Group, Krista Johnson of Keller Williams Southern Arizona, Barbara Lasky-Wilson of Tierra Antigua Realty, Patricia Leahy of Tierra Antigua Realty, Louis Parrish of Keller Williams Southern Arizona, Christie Rich of Choice Property Management & Real Estate Group, Pam Ruggeroli of Long Realty Company, Wendy Trush of Tierra Antigua Realty and Laury Watson of Vail Realty. Steve Van De Beuken of Sunstreet Mortgage was elected as the board’s Affiliate Member Director.
Arizona-based Robson Resort Communities has cracked Hanley Wood’s latest Builder 100 list.
The builder, headquartered in Sun Lakes, has four Tucson-area communities in addition to its three Phoenix-area locales and a community just outside Dallas.
The Builder 100 is based on annual closings and gross revenue, as well as where and what was built, by both private and public builders. Robson checked in at no. 98.
In addition, Robson’s PebbleCreek community in Goodyear was named one of America’s 20 Most Luxurious Active Adult Communities by the website 55Places.com.