Construction will soon begin on a new, multidisciplinary memory and research center in Tucson.
Banner Alzheimer’s Institute, built in collaboration with the University of Arizona clinicians and researchers, will offer a comprehensive range of services “for affected patients and families, conduct groundbreaking treatment and prevention studies, and expand the UA’s research portfolio in the study of these conditions,” according to a press release announcing the development.
“We are excited to work so closely with our University of Arizona colleagues in providing the kind of memory care that all affected patients and families deserve, and to advance the fight to against Alzheimer’s disease in Tucson and Southern Arizona,” said Eric M. Reiman, MD, Banner Alzheimer’s Institute executive director and Banner Research CEO.
The new,10,000-square-foot facility will be located at the southeastern corner of North Hacienda Road and East River Road. The memory center, which will be named the Toole Family Memory Center, is expected to open in spring 2020.
Sales and Leases
It is Written Enterprises, LLC dba: Just Right Mattress Outlet leased 1,680 square feet at 5470 E. Speedway Blvd. Dave Dutson with NAI Horizon represented the tenant. Andy Seleznovl with Larson Baker represented the landlord.
AZ- Affordable Autos of Tucson purchased a 720-square-foot building at 3101 E. Ajo Way from Continental Investment Properties, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the seller. George Reitz of Real Estate Marketing Professionals of Tucson, LLC represented the buyer.
Labrador Capital, LLC purchased a 10,120-square-foot building in Camp Lowell Corporate Center, 4544 E. Camp Lowell Drive, from RLP Building, LLC for $2,370,000. Brandon Rodgers, SIOR, CCIM with Cushman & Wakefield | PICOR represented the buyer. Mark Irvin, SIOR, with Mark Irvin Commercial Real Estate Services, LLC represented the seller.
ACM Arizona, LLC purchased Santa Rosa Apartments, an eight-unit multi-family complex at 1623-1641 N. Santa Rosa Ave. from BWI Anklam, LLC, BWI, LLC for $580,000. Allan Mendelsberg with Cushman & Wakefield | PICOR handled the transaction.
Matthew J. Giustino & Bernadette T. Giustino purchased 0.61 acres of industrial land at 4392 N. Iroquois Ave. from Joseph Ivenz for $62,000. Max Fisher with Cushman & Wakefield | PICOR handled the transaction.
EG Smoke Shop leased 1,350 square feet at 5102 E. Speedway Blvd. from Monterra Group. Aaron LaPrise with Cushman & Wakefield | PICOR represented the landlord. Ramiro Scavo with Cushman & Wakefield | PICOR represented the tenant.
Country Stamp Collections leased 660 square feet at 5515 E. Grant Road, Ste. 205A from Grant 5515 Ventures, LLC. Thomas J. Nieman with Cushman & Wakefield | PICOR represented the landlord.
FTS Financial Services, L.L.C. leased 822 square feet located at 4400 E. Broadway Blvd., Ste. 702 from 4400 Broadway, LLC. Michael Gross of Tucson Realty & Trust Co. represented the landlord.
Zack & Schmitz, P.L.C. leased 1,677 square feet located at 4400 E. Broadway Blvd., Ste. 307 from 4400 Broadway, LLC. Michael Gross of Tucson Realty & Trust Co. represented the landlord.
EMC Insulation leased 11,440 square feet in Broadbent Business Center, 2165 N. Forbes Blvd., Ste. 103 from Forbes Tucson, LLC. Robert C. Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR handled the transaction.
Rising Phoenix Fitness and Defense, LLC leased 2,500 square feet in Midway Business Center, 4500 E. Speedway Blvd., Ste. 3 and 4 from Presson Midway, LLC. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, with Cushman & Wakefield | PICOR, represented the landlord. Jon O’Shea with Vast Commercial Real Estate Solutions, LLC represented the tenant.
Jacobs Electric, Inc. leased 2,490 square feet at 4110 S. Longfellow Avefrom Fryburg Properties, LLC. Ron Zimmerman with Cushman & Wakefield | PICOR represented the landlord.
Arizona Property Management Solutions, Inc. leased 1,957 square feet in Grant Road Corporate, 5515 E. Grant Road, Ste. 200 from Grant 5515 Ventures, LLC. Thomas J. Nieman with Cushman & Wakefield | PICOR represented the landlord.
Boosted Auto Detailing leased 1,500 square in 44th Street Business Park, 3790 E. 44th St., Ste. 222 from RR44, Inc. Max Fisher with Cushman & Wakefield | PICOR handled the transaction.
Under Canvas, Inc. leased 1,390 square feet at 850 E. Ohio St, Ste. 17 from RRL, Inc. Max Fisher Cushman & Wakefield | PICOR handled the transaction.
Knight Service Company, LLC leased 1,000 square feet at 2112 N. Dragoon St. from Rich Rodgers South, Inc. Max Fisher with Cushman & Wakefield | PICOR handled the transaction.
Shop Exile, LLC leased 935 square feet at 310 E. Sixth St. from Rodgers Investment Fund One. Ramiro Scavo with Cushman & Wakefield | PICOR represented the landlord.
Two Graves Tattoo Studio leased 600 square feet at 5623 to 5627 E. 22nd St. from Robert Grunstein. Ramiro Scavo with Cushman & Wakefield | PICOR represented the landlord.
Julian’s Parkour & Gymnastics leased a 12,107 square feet at South Plaza Vista Mall, 493 N. Highway 90 in Sierra Vista, Arizona from South Plaza Vista, LLC. Pete Villaescusa and Jesse Peron of CBRE’s Tucson office, with Andy Seleznov and Melissa Lal of Larsen Baker, represented the landlord.
Barefoot Studio, LLC leased 2,633 square feet at Casas Adobes Plaza, 7001 to 7153 N. Oracle Road from GRI Casas Adobes, LLC. Pete Villaescusa and Jesse Peron of CBRE’s Tucson office represented the landlord. Jon O’shea of Vast Commercial represented the tenant.
Johansen Group, LLC purchased 1.51 acres of land located at 2533 and 2549 W. Poppy Ave. from L&J Investment Group III, LLC. Tim Healy of CBRE’s Tucson office handled the transaction.
5151 E. Broadway announces new tenants
5151 E. Broadway | Kent Circle Partners recently announced four new tenants and “strong renewal activity” in 2109.
dailyVest, Inc., MindPlay (Methods and Solutions, Inc.) and Summit Funding, Inc. are relocating their offices to the building. The newest amenity is Angel Serving Coffee X Change, a coffee counter now open, on the lobby level.
“We are seeing robust lease interest and consistent renewal activity which coincides with the predicted positive economic outlook for Tucson this year,” said building owner Scott Seldin, “Coupled with spectacular views and a host of amenities, 5151 is a vibrant place to work and call home.”