Tucson Realty & Trust Co. Office Team Gives Office Market Overview for 2015
TUCSON OFFICE MARKET OVERVIEW Michael A. Gross / Douglas Richardson / Tari Auletta Office / Medical Leasing and Investment Specialists January 29, 2015 Although Tucson Realty & Trust Co.’s year-end report does not necessarily line up with CoStar’s year-end report, we both agree that there has seemingly been increased activity in both the Office Market […]
Slow Improvement for Commercial Real Estate in Tucson
Commercial real estate in Tucson slowly improving by Gerald M. Gay Arizona Daily Star Tucson’s slow struggle out of the muck and mire of the recession continued to plague the nonresidential real estate market in 2014, local brokers say. The city improved slightly on most fronts, particularly in the retail sector where the current vacancy rate is […]
Commercial Real Estate Investment Market Overview
Commercial Real Estate Investment Market Overview presented by Terry Lavery, CCIM, CPM, GRI INVESTMENT OVERVIEW January 29, 2015 Since the early 1990’s, Tucson Realty & Trust Co. Commercial Real Estate forecasts have produced an overview of the Tucson Commercial Real Estate Market. This overview has highlighted major transactions in the marketplace, short-term risk and returns, […]
Commercial Real Estate Market Review and 2015 Forecast
Tucson Realty & Trust Co. held its’ annual Commercial Real Estate Market Review and 2015 Forecast on Thursday, January 29th. The panel of commercial real estate professionals gave a brief but complete commercial real estate market review of 2014 and discussed what is expected for 2015. The panel included Terry Lavery, CCIM, CPM, GRI, presenting the […]
New Year Brings Flurry of Sales and Leases
New Year 2015 ushers in a flurry of sales and leases for Tucson Realty & Trust Co. Agents Commercial Real Estate Agents at Tucson Realty & Trust Co. have ushered in the New Year with a flurry of transactions. Coupled with the recent activity in December there has been a lot of movement particularly in office. […]
Mike Gross Closes $8.125 Million Deal
Congratulations to Mike Gross of Tucson Realty & Trust Co. for closing the sale of Broadway Tower at 4400 E. Broadway Blvd in Tucson, Arizona for $8.125 Million. The Class-A, 8-story office tower closed yesterday for $8.125 million ($67 PSF). The 121,300 rentable-square-feet tower was built in 1969, with elevators and the 8,200-square-foot basement combined […]
Southern Arizona CCIM Chapter announces 2015 Board of Directors
Southern Arizona CCIM Chapter announces 2015 Board of Directors The Southern Arizona CCIM Chapter held its’ year end luncheon on Tuesday, December 9, announcing the new 2015 board of directors. Tucson Realty & Trust Co.’s own Terry Lavery, CCIM and Tari Auletta, CCIM continue their contribution to the Southern Arizona CCIM Chapter. Terry Lavery is […]
Tucson Realty & Trust Co. Management Services Makes Honor Roll
Tucson Realty & Trust Co. Management Services, LLC is proud to report that it received the distinction of being placed on the Arizona Department of Real Estate’s Audit Honor Roll for substantive compliance. The State of Arizona is in debt to the amount of $7.8 million for trust account irregularities from real estate and property management […]
Virtual Tour 7337 E. Tanque Verde
Virtual Tour of 7337 E. Tanque Verde, Tucson, AZ 85715 Check out the virtual tour of this Prime Northeast Location: 1,867 sf. Office Space Available * Lease Rate: $14.50 Modified Gross * Class A Construction and Amenities * Built in 2008 Exclusively Represented by Tucson Realty & Trust Co. Doug Richardson & Mike Gross View Larger Map
CoStar Power Broker Award 2013
CoStar presents 2013 Power Broker Awards to Tucson Realty & Trust Co., Mike Gross and Pat Darcy. CoStar Group recognized Tucson Realty & Trust Co. and two of its’ agents as Power Brokers for 2013. Each year, CoStar recognize the top commercial real estate brokers and brokerage firms with the Power Broker Awards. These awards are […]
Auletta Reports on Evolving Medical Office Market
Auletta Reports on Evolving Medical Office Market Technology, Convenience, Aging Population Driving Factors in changing market. Tari Auletta, CCIM of Tucson Realty & Trust Co. participated in a recent symposium, Medical Facilities: Meeting Evolving Demands, hosted by Tucson CREW. Here are some highlights from her talk. Market Trends: There was a time when Doctor’s offices were all located […]
Auletta will Present at Tucson CREW Seminar
Tari Auletta, CCIM, will Present at Tucson CREW Seminar Tari Auletta, CCIM, of Tucson Realty & Trust Co., will present at the upcoming Tucson CREW Educational Seminar, Medical Facilities: Meeting Evolving Demands, on Thursday, October 16 at 12:00 noon. The event will be held at the Lodge on the Desert. The event will feature Julia Strange, of TMC […]
Recent Lease Activity
Recent Lease Activity for Tucson Realty & Trust Co. The Tucson Realty & Trust Co. Office Team has been busy lately with office leases and new listings. Nature Cure Family Health, LLC, leased approximately 645 square feet of office space located at 180 W. Magee, Suite 116, Oro Valley, Arizona, from WVLC, LLC. Michael Gross […]
Lavery on Mayor’s Office Subcommittee Luncheon
Lavery Reports on Mayor’s Office Subcommittee Luncheon Terry Lavery, CCIM of Tucson Realty & Trust Co., reported on Mayor Rothschild’s Office Subcommittee Luncheon held yesterday at the Southern Arizona CCIM Chapter. Mr. Lavery said Mayor Jonathan Rothschild had some good talking points on the current economic growth issues concerning Tucson. In the discussion Mayor Rosthschild addressed a […]
Tari Auletta, CCIM Represented Morgan Stanley
Tari Auletta, CCIM, of Tucson Realty & Trust Co., Represented Morgan Stanley. Tari Auletta represented the tenant in the development of a new 20,000 square foot build-to-suit Class A office building at Skyline and Pima Canyon. The project, Skyline Esplanade Phase II, is being built for Morgan Stanley, who plan to move their offices from […]
Michael Gross Represents Seller
Michael Gross Represents Seller Ministerio Cristiano Nueva Esperanza, Inc., purchased an approximately 3,500 square-foot building on approximately 2.50 acres of land located at 1100 W. Calle Privada, Sahuarita, Arizona from River of Life Christian Fellowship. Michael Gross of Tucson Realty & Trust Co. represented the Seller in the transaction. Note: Sale Price: $300,000.00
Lavery on Tucson and Tesla
Lavery on Tucson and Tesla Terry Lavery, of Tucson Realty & Trust Co. was interviewed on KGUN9 news last night by Craig Smith. Watch what he has to say about Tucson and Tesla.
Amos Weighs in on Tesla Permits
Amos Weighs in on Tesla Permits Hank Amos, President and CEO of Tucson Realty & Trust Co. was quoted the Arizona Daily Star’s coverage of building permits issued to Tesla. Tesla Motors has received a $3 billion building permit for construction of a battery assembly plant in Tucson. The permit is for a one-story building […]
Amos on Tesla Permits
Amos on Telsa Permits Hank Amos, President and CEO of Tucson Realty & Trust Co., was interviewed by Bill Buckmaster for his radio show. They spoke of the recent announcement by Mayor Jonathan Rothschild on the issuance of building permits to Tesla Motors. Mr. Amos also offered perspective on the recent revitalization of downtown and the new Streetcar. Listen to the interview on the Buckmaster […]
Recent Lease Activity for Tucson Realty & Trust Co.
There has been a lot of Recent Lease Activity for Tucson Realty & Trust Co. Tucson Medical Group, PLLC, leased approximately 3,572 square feet of office space located at 603 N. Wilmot Road, Suite 201, Tucson, Arizona, from Magnum Realty, LLC. Doug Richardson of Tucson Realty & Trust Co. represented the Landlord and Tari Auletta, […]
Bob Solfisburg Mid-Year Land Report
LAND OVERVIEW Bob Solfisburg Land Specialist Local homebuilders remain cautious starting the second half of 2014. Single-family permits are lower than forecast and tighter credit remains problematic. The Dodd-Frank Act represents the most stringent underwriting laws in decades. Combine tighter credit with an increase in median home values, higher lending rates from year ago, very […]
Terry Lavery Presents Investment Overview
Terry Lavery, CCIM, CPM, GRI Investment Specialist The Tucson Real Estate Investment market is in a quandary. Huge out-of-state investors have purchased over $100 MILLION DOLLARS of Tucson’s finest retail properties so far this year as these investors are looking across the country for premium properties to invest in. Our Central Business District is continuing […]
Chuck Blacher presents Industrial Market Report
INDUSTRIAL OVERVIEW Chuck Blacher Industrial Specialist Tucson’s Industrial real estate is greatly influenced by the residential homebuilding market. Thus, warehouses and contractor yards normally occupied by the building trades will struggle to find tenants until home building locally improves – a challenge, to say the least, for several reasons: 1. The past brutal winter in […]
Retail Market Overview Presented by Pat Darcy
Retail Market Overview Pat Darcy Retail Division Head As we reach the midyear point in 2014, the Tucson Retail Market is steadily improving, similar in its performance to last year…two steps forward and one step back, which is a very familiar phrase when describing Tucson’s Retail market. The current retail vacancy rate is approximately 7.8 […]
Tucson Commercial Real Estate Market
Tucson’s commercial market is “still not rocking and rolling” due to the uncertainty in the national economy and a loss of faith in home ownership, local brokers say. “We’re a bit better, but still limping,” Hank Amos, CEO of Tucson Realty and Trust Co., said Tuesday during a midyear update on the market. Some industry data […]
Tari Auletta, CCIM, Gives Office Overview for 2014 Mid-Year Report
TUCSON OFFICE MARKET OVERVIEW Tari Auletta, CCIM Office and Medical Properties Specialist Mike Gross reported to you at the first of the year that not much has changed in the last two years and that the Office Market vacancy rate was 18 percent. Here we are six months later and the vacancy rate is still […]
Commercial Real Estate 2014 Mid-Year Report and Year-End Forecast
Tucson Realty & Trust Co. held it’s Commercial Real Estate 2014 Mid-year Report and Year-end Forecast and Press Conference Tuesday, June 24. The panel of commercial real estate professionals gave a brief but complete commercial real estate review of the first half of 2014 and discussed what is expected for the remainder of 2014. The […]
The George H. Amos Scholarship
The George H Amos Scholarship Tucson Realty & Trust Co. proudly congratulates the recipients of the George H. Amos Scholarship for 2014. The recipients are: Gabriel Beita-Kiser pursuing a B.S. in Sustainable Built Environments Christopher Oglesbee, majoring in Urban and Regional Development and Janine Clark pursuing a B.S. in Urban and Regional Development with a […]
Hank Amos interviewed by KGUN9
Hank Amos, CEO and President of Tucson Realty & Trust Co. was interviewed yesterday by Rikki Mitchell of KGUN9 news regarding the $81.7 Million sale of El Con Mall. Watch the broadcast on KGUN9
Hank Amos weighs in on El Con Sale
Hank Amos, President and CEO of Tucson Realty & Trust Co. weighs in on El Con Sale. Tucson’s oldest mall has new owners. El Con Mall was purchased for $81.7 million by a group fronted by St. Louis Rams owner Stanley Kroenke. Kroenke plans on continuing to operate the nearly 93-acre property as a “vital shopping […]