Tag Archives: Jesse Blum

TCP-Ventana, CBRE, WEB

Ventana leases 60KSf build-to-suit in Marana

An affiliate of Cottonwood Properties announced they will be constructing and leasing a 60,000 square foot distribution facility for Ventana Medical Systems, Inc. (Ventana), a member of the Roche Group. The new facility is located in Tangerine Commerce Park located on Tangerine Farms Road just west of the Tangerine Road freeway interchange. This is the first development within the 100-acre business park that provides a range of retail and employment uses and will be a key location for future employment and retail growth in the Marana area. Financial terms of the transaction were not disclosed.

Bill Di Vito and Jesse Blum with CBRE’s Tucson office represented Cottonwood in the transaction. Ventana Medical Systems, Inc. was represented by Dev Gupta with DTZ.

“The Tangerine Corridor is an ideal location for this type of development,” said CBRE’s Di Vito. “Freeway access and the availability of larger commercial parcels will attract other logistics and employment users to the area, establishing it as the next major commercial hub in greater Tucson.”

The distribution facility is being designed by Gromatzky Dupree and Associates and construction with Barker Morrissey Contracting is scheduled to start in 4Q 2014 with completion projected for 4Q 2015.

Ventana Medical Systems, Inc., headquartered in Oro Valley, Ariz., is a member of the Roche Group and is a world leader and innovator of tissue-based cancer diagnostic solutions for patients worldwide. At its existing facility, located in the master-planned business community of Innovation Park, Ventana delivers medical diagnostic systems and biopsy-based cancer tests that are shaping the future of healthcare. This new facility will function as a multi-use distribution facility with some assembly to support its facility in Oro Valley.

Tangerine Commerce Park is located just off Interstate-10 on Tangerine Road and is the only mixed-use and industrial development along the quickly developing Tangerine Corridor with direct access to Oro Valley and the bio-tech industries. The park can accommodate uses from smaller 2- to 3-acre requirements up to 100-acre requirements.

Campus Tucson International, CBRE, WEB

VXI Global Solutions leases 31KSF at Campus at Tucson International

CBRE has completed a 31,100-square-foot lease at the Campus at Tucson International in Tucson, Ariz. VXI Global Solutions, a Los Angeles, Cailf.-based company and leading provider of business process and information technology outsourcing, has leased the space. This lease marks VXI Global Solutions’ entrance into the Arizona market and the company plans to hire approximately 300 employees in the short-term, potentially 500 in the long-term.

Bill Di Vito and Jesse Blum with CBRE’s Tucson office negotiated the long-term lease on behalf of the landlord, HSL Properties of Tucson. VXI Global Solutions was represented by Jackson Meyer of Dallas, Texas-based Avison Young. The financial terms of the transaction were not disclosed.

VXI Global Solutions’ entrance into the Arizona market, specifically into Southern Arizona, is another great indicator of the steadily improving economy,” said CBRE’s Di Vito. “Over the past several quarters, user interest in our region has definitely been up. Major companies are looking at Tucson as a place to expand or locate and having the right real estate available makes it easier to get them here. The Campus at TI is well-positioned to attract quality tenants and this lease is a prime example.”

VXI Global Solutions has leased its 31,100-square-foot space at 6730 S. Tucson Blvd. in Building One at the Campus at TI. An industry leader in its space, VXI Global Solutions specializes in call center and BPO services, software development, quality assurance testing, and infrastructure outsourcing and will operate a call center from this location. Capitalizing on Tucson’s deep, well-educated labor pool, the company plans to hire approximately 300 new employees immediately and could potentially hire up to 500 employees in the future. A global company, VXI has operations across North America as well as in Asia and Latin America.

The Campus at Tucson International is a six-building, 253,393-square-foot business park campus that sits on 17.6 acres two blocks from Tucson International Airport. The property was formerly home to Texas Instrument’s operations in Tucson. HSL Properties purchased the property in September 2013 from the Dallas-based company and soon got to work making improvements to the existing buildings and grounds in order to reposition and bring new life to the project.

We’ve believed from the start that Tucson is a market that can and will attract major employers with the right kind of real estate,” said Humberto Lopez, president of HSL Properties. “Our goal has always been to attract companies that will add value to the Tucson market in the form of jobs and commerce and this lease with VXI does just that.”

A business campus that once housed over 1,400 employees, the Campus at Tucson International is a multi-use site that includes offices, labs, a conference center with a full commercial grade kitchen and cafeteria, as well as manufacturing and warehouse space. The multi-building campus is serviced by a sophisticated on-site central utility core that offers seven megawatts of power, which makes it an attractive option for users with significant power needs.  Entirely secured with multiple access points, The Campus at Tucson International is two blocks from the Tucson International Airport and within walking distance to hotels and restaurants.