RETAIL – 3725 E FORT LOWELL, TUCSON
Goodwill of Southern Arizona leased 15,000 sq. ft. of warehouse / showroom space at 3725 East Fort Lowell in the former ‘Knock On Wood Furniture’ space. Located in the heart of Tucson’s furniture district, at the base of the Catalina Foothills in Central Tucson. Scott Soelter of Newmark Grubb Knight Frank in Tucson represented the landlord, 3725 East Fort Lowell, LLC (Howard Stewart, manager) and Lynn Taylor of Whrilygig Properties represented the tenant.

This was the only lease reported for the week of April 8-12, 2013

To submit sales and leases email REDailyNews@outlook.com

Goodwill Industries of Southern Arizona opened its first boutique store, ‘Good Threads’ on April 4th at 7366 N Oracle Road, Suite 190, Oro Valley, north of the northeast corner of Ina and Oracle Roads. The 5,000 sq. ft. was formerly occupied by Tres Amigo Primo, and leased by Goodwill in February. It took about two months for improvements with designer touches to be completed in the space, with 3,000 sq. ft. retail and 2,000 sq. ft. for storage.

As soon as you enter Good Threads, you realize this isn’t like other Goodwill stores. With incandescent lighting and plush seating at the dressing rooms, there are wall murals and shelving with travel chests and treasures displayed, all combine for a pleasurable shopping experience in an upscale ambiance. The idea for Goodwill is to maximize the value of higher-end donations; it is only the prices that remind you that you are at a Goodwill.

‘Good Threads’ features name-brand men, women and children clothing, as well as a

Sales for Good Threads, like sales at all Goodwill stores in Southern Arizona, go to help fund job training and placement services provided by the non-profit agency.

This really is the place for good fashion and good deals.

Store hours are from 10:00 a.m. to 7:00 p.m., Monday through Saturday and 10:00 a.m. to 6:00 p.m. Sunday.

Rob Tomlinson and Greg Furrier of Cushman & Wakefield / Picor Commercial Real Estate in Tucson represented the landlord in the lease transaction, while Lynn Taylor of Whirlygig represented the tenant.

For more information on leasing opportunities at this property, reach Tomlinson at (520) 546-2757 and Furrier at (520) 546-2735. Taylor can be contacted at (520) 546-9003.

A 25,000 sq. ft. luxury estate on 20 acres with 4 ready-to-build lots was listed in 2007 for $22 million. “The price was lowered to $15.9 million in 2011 and reduced to $12.95 million in 2012,” the Wall Street Journal quoted the current listing agent, Martha Briggs of Long Realty in Tucson. It is now scheduled to be auctioned with a minimum bid of $8.4 million.

The estate at 7474 N. Catalina Ridge Drive, Tucson, Arizona 85718 is on 6 acres with four ready to build 3.3 acres homesites The offering can be purchased in its entirety or as individual parcels.

The owner, Carey Marmis, is a real estate developer who assembled the land in multiple transactions during the 1980s and spent almost a decade designing and building the house complete with views of the Tucson valley, has seven bedrooms, 11 bathrooms, a library and home theater, two elevators, a 2,200-bottle wine cellar, a 45-foot wall of Coconino sandstone, and a stainless steel roof. There is also an Olympic-size shooting and archery range, a pool and tennis court according to the auction company.

The auction, with bids due May 14th by 5:00 p.m., is being handled by Sheldon Good & Company of New York. To participate, a bidder must view the property by appointment during the open house dates from 4:00 to 7:00 p.m. on the following dates: April 20, 21, 26 and 27; May 3, 4, 10, 11 and 12.

A bidder information packet is available for $50 and can be obtained online at https://www.sheldongood.com/Real-Estate-Auction, at on-site inspections, at all open houses, or by calling the auction center at 800-315-2199.

There is a 2.5% co-broke fee offered.

Briggs can be reached at (520) 240-8806. Buyers should call (800) 480-0061 or email auctionrequest@sheldongood.com