RETAIL SPACE – 657 HWY 90, SIERRA VISTA

C-A-L Ranch Stores, Inc., of Idaho Falls, Idaho leased 72,436 sq.ft. and Hobby Lobby leased 54,811 sq. ft. at the former Walmart store vacant since 2010 in Plaza Vista Mall, 657 Hwy 90 in Sierra Vista. C-A-L Ranch Stores, offers a mix of merchandise including ranch and farm supplies, livestock, equine, pet feed and accessories,  work & western apparel and footwear as well as shop equipment, tools, hardware, lawn & garden supplies and a broad range of outdoor sporting goods. C-A-L recently opened its twenty-first location in Show Low and has announced plans to open additional stores in Laveen and Casa Grande markets during the third quarter of 2013. Other Arizona locations include Prescott and Flagstaff.

The company was founded in 1959 by Clinton Murphy, Allen Murphy and L.Wayne Murphy, thus the initials “C-A-L” in its brand and operates in Idaho, Utah, Nevada and Arizona with a Distribution Center in Payson, UT. While the company is no longer owned by the Murphy’s, the company is still privately held.

Jake Ertle of Rein & Grossoehme Commercial Real Estate Services in Scottsdale represented the landlord, LNR Property Corporation. Neil Board with Western Retail Advisors of Phoenix and Bryan Ledbetter of ZELL Commercial Real Estate Services in Phoenix jointly represented C-A-L Ranch. David Leathers of DE Johnson & Associates in Northbrook, IL represented Hobby Lobby. C-A-L Ranch plans to open in Sierra Vista first quarter of 2014 and Hobby Lobby plans to open fourth quarter 2013.

TENTATIVE LEASE RETAIL SPACE – 5625 E RIVER ROAD, TUCSON

Petco has requested bids for TIs as it considers a move to the 13,000 sq. ft., former Walgreens, in RiverCenter at Craycroft and River, 5625 E River Road in Tucson. The new space would be used to relocate the current Petco at 4625 N Oracle Road according to a Petco representative, but the lease on the new space has not been finalized with the landlord, Larsen Baker at this time. The contractor for Petco, Division II Construction has asked for sub bids to be returned by 5/30/13.

OFFICE SPACE – 100 N STONE AVENUE, STE 110, TUCSON

Tucson’s Gangplank, a non-profit collaborative workspace opened this week in 8,000 sq. ft. and another 2,000 sq. ft. of undeveloped space in the basement planned for audio and video studios at the Pioneer Building, 100 N Stone Ave, Ste 110 in Tucson.  Focused on economic and community development, Gangplank seeks to unite the creative class, bringing together diverse minds to create something greater than the individual and drive entrepreneurship and civic engagement. The move was made possible by the building owner, Holualoa Companies of Tucson, who donated the facility’s rent for the first six months. The Tucson office is one of four Gangplank locations in Arizona. The non-profit also just opened faciites in Sault St. Marie, Ontario, Canada and Richmond, VA.

INDUSTRIAL SPACE –  4700 S PARK AVE, TUCSON

Amarr Garage Doors, a North Carolina-based manufacturer of garage door systems (Richard Brenner, CEO) leased 7,878 sq. ft. at 4700 S Park Avenue from Ohio Street Building No. 2, LLP. Rob Glaser of Cushman & Wakefield / Picor Commercial Real Estate Services represented the landlord. Fred London of The Meridian Group, Inc. represented the tenant.

OFFICE SPACE – 3275 W INA ROAD, TUCSON

THM Publishing of Tucson leased 992 sq. ft. of office at 3275 W Ina Road in Tucson from Caldor Investments of Arizona. Tom Nieman of Cushman & Wakefield / Picor Commercial Real Estate Services handled the transaction.

To submit sales or leases please email to REDailyNews@outlook.com

TEMPE, Ariz. (May 24, 2013) – The City of Tempe announced today that Ryan Companies US, Inc. and Sunbelt Holdings will develop a site owned by ASU adjacent to Tempe Town Lake. The project is subject to city council approval of a development agreement within the next month, the City of Tempe statement said. State Farm will lease the office space and serve as the project’s anchor tenant for the multi-use project.

The Marina Heights project in Tempe will be the largest office development deal in Arizona history, with more than 2-million-square-feet to be constructed on more than 20 acres. Construction costs are estimated at $600 million.

The five-building campus will be leased by State Farm and become a hub to include a combination of new hires and existing employees who will provide claims, service, and sales support to State Farm customers. According to Phoenix Business Journal, early estimates range from 5,000 to 7,000 new jobs to be created.

“State Farm selected Tempe because it has a growing population with skill sets that match our customers’ needs,” said Mary Crego, Senior Vice President, State Farm. “The site along Tempe Town Lake gives our employees access to nearby amenities as well as easy connections to public transportation.”

“We look forward to having State Farm as a neighbor and to working with the company on a variety of programs including employee recruitment and academic programs for their staff,” said ASU President Michael M. Crow. “State Farm’s decision to lease the land owned by the university immediately adjacent to the ASU Athletic Facilities District is the first major step in the campaign to fund new and renovated sports facilities for the university. The Athletic Facilities District will be home to an exciting mixed-use development reflecting high quality and the best practices of sustainability. A high stature tenant such as State Farm will add to the luster of the district and validates its attractiveness.”

The project is being developed by Ryan Companies US, Inc. and Sunbelt Holdings. Tempe-based architectural firm DAVIS designed the project to include a 40,000 to 60,000-square-feet of retail such as restaurants, coffee shops and fitness facilities, and feature a 10-acre “lakeside plaza” open to the public.

In a separate transaction, CBRE completed a sale-leaseback of the State Farm Tempe Operations Center, a 372,408 sq. ft., 5-building corporate campus. The buyer was JDM II TOC, LLC of Phoenix. The campus is 100% occupied by State Farm Insurance that has signed a 10-year leaseback agreement. The insurer currently occupies about 1 million square feet of office space throughout the Phoenix Valley.

JDM and its principals, Jerry Colangelo, David Eaton and Mel Shultz purchased the campus for $73 million ($196 PSF). Built in 1999, the State Farm Tempe Operations Center is situated on 21 acres near Southern and Priest, within the master planned Fountainhead Corporate Park. The campus is comprised of four Class A office buildings and one inspection and storage facility, along with two above-grade parking structures.

Barry Gable, Mindy Korth and Chris Marchildon of CBRE in Phoenix represented the seller, State Farm Mutual Automobile Insurance Company of Bloomington, IL.

To contact State Farm’s Robert Villegas call (480) 293-6018. ASU’s Virgil Renzulli can be reached at (480) 965-8526. Sunbelt Holdings’ Heidi Kimball should be contacted at (480) 609-2304. Sara Dial of the Ryan Companies US, Inc. is at (480) 205-6034. The CBRE Team of Gable, Korth and Marchildon are at (602) 735-5555.

(Press Release) Tucson Jewish Community Center (JCC) announced at its 2013 Annual Meeting held on May 7, 2013, the public launch of their capital campaign, Growing with Southern Arizona. This campaign is for the planned expansion and renovation of the 100,000 square foot JCC facility . Nearly 150 attendees, including prominent community leaders, were present to hear the announcement.

“With over 250,000 visits to the JCC last year, we are at maximum capacity for space and programming,” says CEO, Ken Light. “This much-needed campaign will yield immeasurable dividends for our community and have direct impact on generations to come.”Under the direction and leadership of Capital Campaign Co-Chairs, Larry Haas and Linda Tumarkin, Growing with Southern Arizona has already received $2.8 million in pledges towards the $3.9 million goal. The capital campaign cabinet consists of key business and community leaders who have dedicated their efforts to help raise the remaining funds for the new additions.

Funds from Growing with Southern Arizona will be used to:

• * Increase life and independent living skills for young adults with special needs by providing a designated areaadapted for their unique disabilities
• * Help additional hard-working families with additional space for high-quality after-school care
• * Increase Special Needs Services capacity by 40%
• * Move the community towards their fitness goals with an expanded fitness area, wellness programs and services, and additional classes
• * Connect the Jewish Heritage Center with the Sculpture garden for integrated indoor/outdoor social and cultural opportunities.
• * Once completed, Tucson Jewish Community Center will be able to offer more families, children, and older adults top-quality educational, wellness, and cultural opportunities.

For more information, please visit: https://www.tucsonjcc.org/support/capital-campaign/

Growing with Southern Arizona Campaign Cabinet

Honorary Chairs: Donald Diamond, Lex Sears and Mel Zuckerman

Co-Chairs: Larry Haas and  Linda Tumarkin

Cabinet: Rebecca Bednar, Dick Belkin, Ray Carroll, Neal Cash, Sara Cohen, Greg Gadarian, Jane Gellman, David Greenberg, Anne Hameroff, Barney Holtzman, Len Joffe, Fran Katz, Gary Kippur, Ron Kolker, Victor Ringel, Ed Rogoff, Jill Rosenzweig, Isaac Rothschild, Myron Rottenstein, Stuart Shatken, Jeff Silvyn, Gerry Tumarkin, Tom Warne, Mary Cochran Wolk, and Bill Viner

For more than 60 years the JCC has provided a warm and welcoming environment for diverse groups from the entire community. There are boundless opportunities to balance physical, mental, and emotional self. The “J” has something for everyone including cultural arts programs, early childhood education enrichment programs, a wide variety of classes, a rotating art gallery that showcases the work of local artists and much more.