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News and Information
Leasing and Development
Oct/27/2016

Major SW Tucson Development Gets New Life

By Murphy Woodhouse Arizona Daily Star - Updated Oct 25, 2016

A 645-acre residential and commercial development south of Valencia Road near Ryan Airfield, which was idled during the Great Recession, has been revived.

The Pomegranate development could have as many as 2,658 homes in an area that county officials say has increasing interest.

“We are seeing growth out there,” said county planning official Chris Poirier.

Residential development trends have also been positive across Tucson, which has seen foreclosures fall and new home permits rise over the last year, the Star reported in July.

Dean Wingert, of Crown West Land Group, which purchased the foreclosed properties from lenders, said building at several nearby subdivisions, as well as a large land purchase in the area by another developer, were a part of what made Pomegranate attractive. Planned roadway improvements in the area were also a perk.

The original plan for Pomegranate, created “during a time when the real estate market was booming,” doesn’t match today’s market, according to a letter from the development’s designer. That’s why Crown West and its planning consultant, LVA Urban Design Studio, applied for substantial changes that were recently approved by the Board of Supervisors by a 4-1 vote.

Wingert said there are steps remaining before construction could begin, which he estimated could be as far out as 2018. He also said, “We’re open for a new name. There are no pomegranates out there.”

Among the major changes are decreased density — the original plan mandated a minimum residence count of 3,116, nixing requirements that all homes be within a certain distance of commercial services, the removal of a number of sustainability standards dealing with solar power and grey water , and mandated multi-story compact development.

“It was kind of urban planning but in a suburban setting,” Wingert said.

“We just don’t see that type of development in more rural settings,” Poirier said. “You’ll see that within the city, maybe downtown, or the University of Arizona. That was just not a very pragmatic.”

But Supervisor Richard Elías was a fan of some of the original standards, which is why he voted for the plan in 2009 and was the lone “no” vote against the proposed changes.

“They’re stripping all the good stuff out, reducing density, making it less usable for people with limited income,” he said. “I realize that they’ve had a very difficult time economically, but we have to be concerned about the quality of our communities.”

Beyond issues of sustainability and affordability, Elías said the lower density could make it more difficult to justify expanding public transit to the area.

Poirier said the changes for Pomegranate are part of a larger effort to work with developers who have picked up the land with specific plans as market conditions change.

“As long as they’re not increasing the yield, we think that we could be flexible,” he said, referring to attempts to upzone, or increase development density. “We’re responsive to changing times, and we’re trying to stay ahead of things.”

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Leasing and Development
Aug/19/2016

Lennar Homes Joins Other Home Builders at Gladden Farms MPC

Just as the Gladden Farms Elementary School opened for classes this week, Lennar Homes purchased 60 SFR lots at Homestead at Gladden Farms for $2.64 Million ($44,000 per lot) from Crown West Realty (Dean Wingert, member). Richmond American Homes and Lennar will both be building at this subdivision, called Homestead.

Gladden Farms is a 1,350-acre master planned community in northern Marana, just west of Interstate 10 between Tangerine and Moor Roads. There are currently 1,300 SFR homes built in Gladden Farms and 277 lots currently under development. With four homebuilders active in the community, makes it is one of the most active communities in the Northwest submarket.

KB Homes at Somerset at Gladden Farms is down to its last five lots of 148 homesites. Meritage Homes at Compass Pointe at Gladden Farms has 89 homesites; while Richmond American with 58 homesites and Lennar with its newly acquired 60 homesites at Homestead at Gladden Farms under development, round out the home builders in Gladden Farms.

Plans call for a total of approximately 3,600 homes with a price range of $180,000 to $400,000. With approximately 320 acres set aside for parks, open areas, trails and the Gladden Farms Elementary School. Located in the Marana Unified School District, the school is open for grades K-6 and is the first computer science immersion school in Arizona.

Currently, Gladden Farms offers over 105 acres of parks and open space and 8-miles of landscaped trails which connect to the major regional Santa Cruz River Linear Park system. Future phases will further expand the park areas and trail systems along with additional recreational, picnic, and sports facilities throughout the community.

The 16-acre Gladden Farms Community Park includes Little League fields, soccer fields, restroom facilities, shaded picnic areas, separate play structures for elementary age and older children and the largest splash pad in Southern Arizona with restrooms, shaded seating and drinking fountains. A pedestrian underpass under Tangerine Farms Road takes pedestrians and bicyclists safely to the park, bypassing the major intersection.

The Marana Heritage River Park hosts 40 community garden plots for residents, a ramada pavilion and grill, and a wedding and event venue. Over 45 acres of additional land have been deeded to the Town of Marana for their planned Heritage River park improvements, which will create Maranas’s largest regional recreation and event facility. Marana’a Annual Cotton Festival is held at the Heritage River Park every October.

Designated commercial development areas will include a grocery store, retail stores, a medical campus, office buildings and other services.

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Leasing and Development
Feb/11/2016

Click Distributing nearly doubles space

Wine, beer, and hard alcohol distributor Click Distributing East has nearly doubled its square footage after moving to new space in the Spokane Business & Industrial Park, at 3808 N. Sullivan Road in Spokane Valley. Terry Nichols, Click Distributing co-owner and general manager, says the company moved in September to its 40,000-square-foot space in the industrial park from a 21,000-square foot space in the same complex. “We were already tight in our old space and just couldn’t take on any more product,” Nichols says. The distributor now has 4,000 square feet of refrigeration space, compared with its previous 1,200-square-foot cooler. Click Distributing East, locally owned since 2002, has a total of 31 employees, with 16 full-time sales representatives taking orders from across Eastern Washington and North Idaho, Nichols says. He says the beverage market in the Pacific Northwest—fueled by dramatic changes in the food market—made it necessary for the company to secure more space. “Seattle and Portland have the highest craft beer sales in the U.S.,” Nichols contends. “The food and beverage culture has evolved tremendously in our area and that has been a direct result of so many innovators in both industries.” He adds, “This is a rich climate and a diverse climate agriculturally, and we’re starting to see that really take hold in food and beverage.” —Kevin Blocker - See more at: http://www.spokanejournal.com/local-news/small-bus...

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Acquisition and Investment
Feb/11/2016

Land Advisors Organization - Tucson Closes $1.6M Lot Deal in Gladden Farms

Press Contact:
Theron Neff
Land Advisors Organization
tneff@landadvisors.com
(480) 483-8100

Land Advisors Organization – Tucson Closes $1.6M Lot Deal in Gladden Farms

TUCSON, AZ, January 5, 2016 — The Tucson office of the Land Advisors® Organization (LAO), a premier nationwide land brokerage firm, announced today the successful closing of 89 platted and engineered lots in the Gladden Farms master planned community. Located along Tangerine Farms Road just west of Interstate 10 in Marana, Arizona, the Gladden Farms community consists of over 1,250 homes situated within lushly landscaped greenbelts.

Land Advisors Organization brokers Will White and John Carroll negotiated this transaction, representing the seller.

The platted and engineered lots were sold by Gladden Phase 1, LLC and was purchased for $1,682,100, by Meritage Homes. Development activity on the lots is expected to start immediately.

For additional information regarding this transaction and land trends occurring in the Tucson area, contact either Will White: wwhite@landadvisors.com or John Carroll: jcarroll@landadvisors.com at (520) 514-7454.

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The Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, the Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

The Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Florida, Idaho, New Mexico, Nevada, Utah, Texas and Washington.


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Leasing and Development
Oct/06/2015

Click Distributing East relocates to new bigger distribution center

Inland Northwest Business Watch
www.inlandnwbusiness.com

SPOKANE, WA- The wine and craft beer industry continues to be a strong spot in our local economy, which likely plays a big part in the recent relocation and expansion of Click Distributing East's distribution center and office's in the Spokane Business & Industrial Park. However they didn't move very far, Click moved from building 18 to building 29 still in the Business Park. But there space is now much larger, in fact the new space is almost double the size of their old space. Click had occupied 21,000 square feet and now has 40,000 square feet.

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