Tag Archives: Tucson

3350 E. Hemisphere Loop, Tucson, Ariz.

Colliers completes $18.95M sale in Tucson

Colliers International in Greater Phoenix recently completed the sale of a 143,650-square-foot Class A office building for $18.95 million, or $131.95 a square foot.

W. P. Carey Inc. on behalf of CPA®:17 – Global, one of its managed REITs, purchased the building, which is leased to a single tenant. The seller was Summit Properties of Seattle.

Neil Glassmoyer, senior vice president; Tivon Moffitt, vice president; and Peter Bauman, senior associate; all of Colliers International in Greater Phoenix, served as brokers for the buyer and seller.

“The transaction is the largest office sale in Tucson based on square footage since January of 2008 and involves one of the highest quality assets in the market,” Moffitt said.

“This sale shows demand for assets in the Tucson market that have investment-grade tenants,” Bauman said.

Constructed in 2002, the building is located at 3350 E. Hemisphere Loop in Tucson and is situated on 16 acres at the Tucson International Business Center.

“The buyer acquired this Class A office building well below replacement cost with a high-quality tenant in place,” Glassmoyer said.

Gino Sabatini, W. P. Carey Managing Director and Co-Head of Global Investments, noted, “The quality of the tenant and the criticality of the asset to their operations made this an attractive investment for W. P. Carey. The building’s size along with significant improvements made by the tenant are key factors in meeting the tenant’s unique requirements and consequently enhanced the investment value of the asset for us.”

Tucson 2014 - Banner

Sundt golf tournament raises $18,000 for MDA

The Sundt Foundation, a charitable organization funded by Sundt Construction, Inc. and its employees, hosted its annual Mike Gaines Charity Golf Tournament last month at La Paloma Country Club in Tucson, Ariz. More than 100 golfers attended the tournament, raising $18,000 for the Muscular Dystrophy Association (MDA) in honor of long-time Sundt employee Mike Gaines, who passed away in 2002 from Amytrophic Lateral Sclerosis (ALS), also known as Lou Gherig’s Disease.

Originally launched in 2001 shortly after Gaines’ diagnosis, the tournament continues to raise money each year benefiting MDA in support of its research to find a cure for ALS. Although Gaines died in 2002, his legacy lives on through the Mike Gaines Charitable Fundraising Events held in Tucson and Phoenix, Sacramento, San Diego and San Antonio. Sundt and the Sundt Foundation have hosted nearly 40 events in the past 14 years, raising more than $1 million in donations for ALS research programs.

“It’s an honor to be a part of these ongoing events benefiting research and other advances toward a cure for ALS. We greatly appreciate the continued support of the construction industry,” said Sundt administrator and tournament organizer Aly Gartin. “This tournament not only offers a means to give back but increases awareness of such a terrible disease.”

The Sundt Foundation has been raising funds for Tucson-based non-profit organizations since 1999. The Foundation is funded primarily by contributions from Sundt employees and company matching. To date, the organization has awarded more than $5 million in donations to organizations throughout Arizona, California, Texas and beyond.


Bioscience Roadmap gets an extension through 2025

The strategic plan that has guided Arizona’s fast-growing bioscience sector for nearly 12 years is gearing up for a new decade.

“Arizona’s Bioscience Roadmap: 2014-2025” will be unveiled starting April 8 at events in Phoenix, Tucson, and Flagstaff, the state’s three metropolitan areas that feature growing bioscience hubs. The plan includes updated strategies that can strengthen and diversify Arizona’s economy while providing Arizonans access to the latest health care innovations.

“The updated Bioscience Roadmap builds on the successes of its first decade and adds contemporary strategies to take Arizona’s bioscience base to the next level,” said Jack Jewett, President & CEO of the Flinn Foundation, which commissioned the update and the original Bioscience Roadmap in 2002. “Arizona is now known as a top emerging bioscience state, but we have far to go to reach our full potential.”

The updated Roadmap will continue to focus on developing Arizona’s biomedical research infrastructure but will emphasize turning this research into new therapies, products, diagnostics, jobs, firms, and other benefits to Arizona. Commercialization, entrepreneurship, creating a critical mass of bioscience firms, and the development of talent are prime themes.

The Roadmap’s overarching vision is for Arizona—a young but rapidly growing state in the biosciences—to become a global competitor and national leader in select areas of the biosciences by 2025.

Over the first decade, Arizona built major research facilities at its universities, formed new private research institutes, attracted top talent, created high-tech business incubators, and greatly expanded statewide STEM (science, technology, education, math) education programs. The number of Arizona bioscience industry jobs grew by 45 percent, nearly four times greater than the nation.

“Arizona has many bioscience strengths and opportunities, but a substantial increase in private and public investment will be needed over the next decade to realize the Roadmap’s goals,” said Walter Plosila, senior advisor to the Battelle Technology Partnership Practice, the Columbus, Ohio-based nonprofit research and development organization that authored the original Roadmap and its update.

Plosila noted that Arizona’s greatest needs are access to risk capital by startup and emerging bioscience firms, building a stronger bioscience entrepreneurship culture, and an expansion of the research infrastructure combined with commercialization at the state’s universities.

The new Roadmap plan features five goals, 17 strategies, and 77 proposed actions. The actions are meant to evolve as needs change over the course of the decade. The plan was developed by Battelle following research, interviews, and focus groups with more than 150 local and national bioscience leaders, including extensive input from Arizona’s Bioscience Roadmap Steering Committee, a body of more than 100 statewide leaders in science, business, academia, and government.

“An emphasis on the full spectrum of the biosciences—from research to hospitals to bio-agriculture—and a renewed focus on resources, collaboration, and long-term patience is needed for Arizona to continue its ascent in the biosciences,” said Martin Shultz, Senior Policy Director for Brownstein Hyatt Farber Schreck, who chairs the Roadmap Steering Committee. “The impact can be profound—the biosciences are a multibillion-dollar industry for Arizona.”

There are six industry segments that comprise the biosciences in Arizona: agricultural feedstock and chemicals; drugs, pharmaceuticals, and diagnostics; medical devices and equipment; research, testing, and medical labs; bioscience-related distribution; and hospitals. A new economic-impact analysis by Battelle estimates the total revenue generated annually by Arizona’s bioscience industry—not counting hospitals—to be $14 billion. With hospitals included, the figure exceeds $36 billion.

Based on the latest industry data (2012), Arizona currently has 106,846 bioscience jobs spread across 1,382 establishments and an annual average wage of $62,775—39 percent higher than the private-sector average. These numbers do not include academic research jobs at the state universities or private research institutes.

Hospitals account for the majority of the state’s bioscience jobs. With hospitals removed from the equation, the other segments combine for 23,545 jobs, 1,266 establishments, and average annual wages of $85,571. Growth in the non-hospital segments accelerated dramatically over the last few years.

The bioscience-related distribution subsector is a new addition to Arizona’s bioscience definition, following the lead of the Biotechnology Industry Organization, the nation’s bioscience trade association. Companies in this subsector coordinate the delivery of bioscience-related products through processes such as cold storage and product monitoring, and new technologies such as automated pharmaceutical distribution systems. This change also called for several smaller industries to be dropped from Arizona’s definition.

The Roadmap also presents updated data on Arizona’s performance in generating grants from the National Institutes of Health, academic research expenditures, venture capital, and tech-transfer measures involving the state universities. These metrics plus industry measures will be tracked throughout the decade by Battelle and reported by the Flinn Foundation.

The Roadmap also includes analyses of Arizona’s bioscience sector that were critical in developing the strategies and actions, such as an assessment of Arizona’s bioscience strengths, weaknesses, opportunities, and challenges. It identified Arizona’s core competencies as cancer research, neurosciences, bioengineering, agricultural biotechnology, imaging sciences, precision medicine, diagnostics, health information technologies, and health economics.

The Flinn Foundation is a privately endowed, philanthropic grantmaking organization established in 1965 by Dr. Robert S. and Irene P. Flinn to improve the quality of life in Arizona to benefit future generations. The Phoenix-based foundation supports the advancement of the biosciences in Arizona, as well as a merit-based college scholarship program, arts and culture, and the Arizona Center for Civic Leadership. “Arizona’s Bioscience Roadmap: 2014-2025” is available for download at www.flinn.org.

Lyle Tweet - Regional Geotechnical Manager

LMT Engineering joins forces with Speedie & Associates

Speedie & Associates, Inc. is joining forces in Tucson with LMT Engineering. LMT is a firm that has specialized in geotechnical engineering, primarily in the Southern Arizona Market, for many years. LMT was headed by Lyle Tweet PE. who now joins Speedie as Regional Geotechnical Manager. Prior to forming LMT approximately 10 years ago, Lyle had an outstanding career working for large established geotechnical firms within the state, culminating in his position as the Tucson Branch Manager for Terracon. His long-standing reputation as a Geotechnical Engineer, particularly within the Tucson market – along with his widely-recognized abilities – will greatly strengthen Speedie & Associates Southern Arizona visibility.

As Regional Geotechnical Manager for Speedie, Lyle’s primary role will be focused on developing new client relationships primarily in the Southern Arizona market – as well as providing geotechnical engineering leadership within the Tucson branch office. Justin Manchester will continue to provide his excellent leadership as overall Tucson Branch Manager.

Speedie & Associates is joined by another LMT associate, Ken Karaba RG. Ken joined LMT in 2008 as its Principal Geologist. Prior to that he was the Tucson Branch Manager for GRC Consultants, a full service geotechnical and environmental consulting firm headquartered in San Francisco. Of his 35 years of experience in the fields of geotechnical engineering, CMT, and environmental consulting in the western US, the last 30 have been in Southern Arizona. Similar to Lyle, Ken will bring both his outstanding local reputation and strong technical abilities in the geotechnical field to Speedie & Associates. As a Geotechnical Project Manager working out of the Tucson office, Ken will be primarily providing Southern Arizona-based geotechnical and environmental support to the firm.

Power Outage Map

UNS Shareholders Approve Acquisition by Fortis

Shareholders of UNS Energy Corporation voted overwhelmingly today to approve the proposed acquisition of the company by a subsidiary of Fortis Inc.

The votes were tabulated at today’s special meeting for shareholders at UNS Energy’s Corporate Headquarters in Tucson. Approximately 97 percent of the ballots cast supported the company’s acquisition by Fortis, the largest investor-owned gas and electric distribution utility company in Canada.

“Today’s vote is a positive step toward a new partnership that will provide benefits for shareholders, customers, employees and the communities we serve. Joining Fortis will provide additional financial strength to help us maintain safe, reliable service throughout Arizona,” said Board Chair and CEO Paul J. Bonavia.

The merger agreement provides that Fortis will acquire all of the outstanding common stock of UNS Energy for $60.25 per share in cash. The $4.3 billion transaction, which includes the assumption of approximately $1.8 billion in debt, would provide additional capital and new resources for UNS Energy’s subsidiaries, including Tucson Electric Power (TEP) and UniSource Energy Services (UES). Both companies will remain headquartered in Tucson under local control with current management and staffing levels and no planned changes to existing operations or rates.

Joining the Fortis family of companies would improve UNS Energy’s access to capital to fund the ongoing diversification of its generating fleet as well as investment in other infrastructure improvements. Upon closing, Fortis will inject $200 million of equity into UNS Energy.

The merger is subject to the approval of regulators, including the Arizona Corporation Commission and the Federal Energy Regulatory Commission; the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended; and the satisfaction of customary closing conditions. UNS Energy anticipates the transaction will be finalized by the end of 2014.

2127 E. Speedway

CBRE Releases Recent Leasing Transactions in Tucson

CBRE’s Tucson office has released the following recent leasing transactions for the greater Tucson area:


Chuy’s restaurants have leased 2,400 SF of retail space at Capin Plaza located at 8195 N. Oracle Rd. in Tucson. CBRE’s Jayme Fabe negotiated on behalf of the landlord, Capin Family Trust of Tucson. The tenant was represented by Peter Villaescusa and Jesse Peron, also with CBRE.


Barker-Morrissey Contracting has leased 6,719 SF of office space 2127 E. Speedway Blvd. in Tucson. CBRE’s Bill Di Vito and Jesse Blum represented the lease on behalf the tenant while Di Vito, Blum and Buzz Isaacson represented the landlord, Holualoa Speedway Office LLC.


US General Administration Services has leased 5,616 SF of office space at Monument Plaza located at 1637 E. Monument Plaza in Casa Grande, Ariz. CBRE’s Ian Stuart and David Blanchette represented the landlord, Casa Grande Internal Medicine PC. The tenant was represented by Chris Ackle with CBRE’s Phoenix office.


Yamaneko Dojo LLC has leased 1,500 SF of retail space at Midstar Plaza located at 4518 E. Broadway Blvd. in Tucson. The landlord, Midstar Partners LLC, was represented by Nancy McClure and Michael Laatsch with CBRE’s Tucson office. The tenant was represented by Robert Grant with KW Commercial.


Catholic Community Services of Arizona has leased 6,712 SF of office space at 5151 E. Broadway Blvd. in Tucson. The tenant was represented by CBRE’s Buzz Isaacson, Robert Delaney and Tim Healy. The landlord, KCI-Broadway LLC, was represented by David Volk and Bruce Suppes, also with CBRE.


Devereux Arizona has leased 3,143 SF of office space at Pima Professional Plaza located at 5700 Pima St. in Tucson. The tenant was represented by David Montijo with CBRE’s Tucson office. The landlord, 2222 Craycroft LLC, was represented by Aubrey Finkelstein with Vast Commercial Real Estate.


Bio-Medical Applications of Arizona LLC has leased 13,592 SF of office space at Fifth & Jefferson Center located at 5555 E. Fifth St. in Tucson. The tenant was represented by David Montijo and Jeff Casper with CBRE’s Tucson office and Jim Greene in CBRE’s Denver office. The landlord, Fifth & Jefferson LLC VVV LC, was represented by Melissa Lal and Andy Seleznov with Larsen Baker.

Courtesy of Hobbs and Black Architects

Genesis OB/GYN Leases 22KSF in Tucson

Genesis OB/GYN PC leased 22,395 SF at 2424 N. Wyatt Rd. in Tucson, Ariz., from TMC Holdings, LLC for the relocation of the Crossroads OB/GYN practice and administrative offices from 4881 E Grant Rd.  Both the interior and exterior façade of the Wyatt building are being remodeled significantly in anticipation of Crossroads’ July occupancy on the second floor. Renovations are being completed by Barker Morrissey Contracting. The Crossroads move, under the leadership of CEO John Cole, expands the practice from their current 15 KSF, and the Grant Road clinical and administrative space will be available for new practice groups.

Tom Knox, SIOR and Rick Kleiner, MBA, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Mark Irvin with Mark Irvin Commercial Real Estate Services represented the tenant in this transaction. Knox and Kleiner represent the space to become available in the Grant Road building.


Quik Tek Assembly Expands into Tucson

Quik Tek Assembly, a minority-owned provider of contract manufacturing services, announced that it has expanded operations to the Tucson region. Quik Assembly Solutions, a division of Quik Tek Assembly, has leased an 8,000 square-foot building at 3450 S. Broadmont, Suite 120, and plans a $700,000 capital investment. The new facility will be open by April 2014.

Quik Tek Assembly, also a Raytheon supplier, provides a wide range of contract manufacturing services including circuit and cable design; PCB layout and manufacture; PCB, cable and mechanical assembly; product testing and the manufacture of complete product ready to ship.

The company plans to hire 50 new positions over the next 5 years. The jobs at the facility will be a mix of engineering, manufacturing, administrative and technician positions. Candidates interested in job opportunities can click here.

Through TREO, the company worked with community partners including the City of Tucson, Pima County One-Stop Career Center, Arizona Commerce Authority and Startup Tucson.

Adan Ortiz, president of Quik Tek Assembly, said: “Southern Arizona is a growing market, and we needed to be close to both existing and new potential customers. Additionally, we look forward to contributing to workforce development by encouraging STEM interest and providing student internships in partnership with The University of Arizona and Pima Community College.”

“Hi-tech manufacturers and suppliers to existing employers are logical fits for the Tucson region,” said Joe Snell, TREO president and CEO. “In addition, Quik Tek is committed to

Kleinn Automotive Accessories leased 1,000 square feet at 2112 N. Dragoon Street.

Cushman & Wakefield | PICOR Releases Recent Transaction List

Kleinn Automotive Accessories leased 1,000 square feet at 2112 N. Dragoon Street, #16 in Tucson, Arizona, from Rich Rodgers Investments, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Flash in the Past Studio leased 1,485 square feet at 43 S. 6th Avenue in Tucson, Arizona, from Rich Rodgers Investments, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Billy Mordka with Harvey Mordka Realty represented the tenant in this transaction.

Henry Tusinski leased 1,740 square feet at 220 E. 27th Street, Suite D in Tucson from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Merle’s Automotive Supply, Inc. leased 7,200 square feet at 6550 N. Thornydale Road, in Marana from Encino Investments, LLC to expand their store at that location and better serve their clients in the area. Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

Ray Parri purchased a 10,000 square foot warehouse at 3424 S. Campbell Avenue in Tucson, Arizona, from Campbell Industrial, LLC for $511,300. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer and Tony Reed with Long Realty represented the seller in this transaction.


RED AWARDS 2014: Healthcare Project

On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.‎

Tucson Medical Center
Developer: Tucson Medical Center
Contractor: J.E. Dunn Construction
Architect: Hobbs + Black Architects
Brokerage: Hill International
Size: 218,930 SF
Location: 5301 E. Grant Rd., Tucson
Completed: April 2013

tucson-medical-centerOriginally intended to be a series of complex renovations, Tucson Medical Center added a four-story orthopedic and surgical tower to its campus that meets the increasing needs of the growing community. The tower replaced 18 existing operating rooms and added much more, including a dedicated pediatric surgery area. The new tower also adds 14 surgical suites, two hybrid rooms and 40 private patient rooms. The new tower add-on also included renovations to the building, such as shades for the windows to ward away the sun’s discomfort and an upgrade on the chilling and heating water systems. The new tower also blends in with the original design of the medical center, with native stone and copper integrated into the architecture, creating the appearance that it has always been there. During construction, the hospital 
did not experience any planned or unplanned interruptions in patient care.


Artigue Elected President of ATC Board

Cameron Artigue, an attorney with Gammage & Burnham in Phoenix, has been elected President of Arizona Theatre Company’s Board of Trustees. Robert Glaser, Principle at PICOR Commercial Real Estate Properties in Tucson continues to serve as Chair.

Glaser and Artigue will be joined on the Executive Committee by:

 Immediate Past Chair – Michael Seiden, Former President and CEO of Western International University, Phoenix

 Vice President – Phoenix, Susan Segal, an attorney with Gust Rosenfeld PLC

 Vice President (Tucson) – Lynne Wood Dusenberry, University of Arizona – retired;

 Assistant Treasurer – Marc Erpenbeck, President and Chief Legal Counsel, George Brazil, Phoenix

Secretary – Robert Taylor, Senior Director of Regulatory Policy and Public Involvement, Salt River Project, Phoenix.

 Assistant Secretary – Dina Scalone-Romero, Executive Director, Therapeutic Riding of Tucson

For more information, visit www.arizonatheatre.org.

clear energy systems coming to tempe

TEP Recognizes Energy Efficiency Partnerships

Tucson Electric Power (TEP) has recognized customers and other community partners with TEP BrightEE Awards for energy savings achieved through the company’s successful energy efficiency (EE) programs.

The inaugural TEP BrightEE Awards were presented today to local nonprofit organizations, school districts, small businesses and homebuilders. Several BrightEE (pronounced ‘brighty’) recipients are customers who reduced their energy use and lowered their monthly electric bills by participating in TEP’s customer-funded EE programs.

“Energy efficiency programs give us a great opportunity to work directly with our customers in developing an important, low-cost energy resource,” said TEP President and Chief Operating Officer David G. Hutchens. “These EE partnerships produce savings for our customers, benefits for our environment, and help us to continue providing safe, reliable, and affordable service to the community.”

TEP’s EE programs provide incentives for customers to invest in high efficiency technologies such as compact fluorescent lighting, pumps, motors and HVAC equipment. Other programs offer incentives for builders to design and construct residential and commercial buildings based on EE construction standards.

The programs help TEP work toward achieving the goals in Arizona’s Energy Efficiency Standard. The standard requires electric utilities to increase energy savings each year through customer-funded EE programs until the cumulative usage reduction reaches 22 percent by 2020.

EE programs, which cost less than building new power plants, help reduce reliance on fossil fuels, resulting in reduced air emissions and water usage. TEP’s EE programs have already produced significant benefits. The TEP EE program measures enacted in 2013 alone will produce energy savings exceeding 168,000 megawatt hours – enough energy to power more than 14,000 Tucson homes for a year.

Here is the list of BrightEE categories and winners selected by TEP’s EE team:

  • Large Business – Carondelet St. Mary’s Hospital: St. Mary’s most notable projects include retrofitting more than 20,000 florescent T12 tube lamp fixtures with more efficient lamps and thousands of electronic ballasts. The hospital also installed variable speed drives, which can raise or lower motor speeds used in HVAC and other systems. Installation of an automated energy management system is scheduled to be completed this summer.
  • Small Business – Vroom Engineering: This local engineering firm participated in the Small Business program to replace more than one hundred 1,000-Watt, metal halide light fixtures with energy efficient high bay fluorescent fixtures.
  • Contractor – Inline Electrical Resources: Inline was the first applicant to register as a contractor for TEP’s Small Business program. Since then, Inline has completed more than 200 energy efficiency projects.
  • Schools – Sunnyside Unified School District: Sunnyside has upgraded classroom lighting and mechanical equipment at the majority of its schools and several support facilities. In 2013, the company gave 17 EE classroom presentations and distributed more than 450 energy efficiency kits for Sunnyside students to use at home through TEP’s Outreach Program. Desert View High School also participates in TEP’s Direct Load Control program.
  • Schools – Marana Unified School District: Marana has upgraded lighting and HVAC equipment in several schools by combining TEP incentives with federal funding available through the 2009 American Recovery and Reinvestment Act. More than two dozen EE classroom presentations were given in 2013 alone, and TEP has distributed more than 550 EE kits to students.
  • Non-Profit – The Primavera Foundation: In 2013, Primavera completed construction of a new energy-efficient, 12-unit family complex that was built in South Tucson using sustainable principles. The project is designed to meet LEED and Net-Zero Energy Building standards through a mix of 2- and 3-bedroom patio units that are ADA compliant. (Note: This nonprofit organization, which administers affordable housing, workforce development and neighborhood revitalization programs, is a past recipient of TEP’s Grants That Make a Difference program, which is funded with shareholder dollars.)
  • Homebuilder – Meritage Homes: Meritage was the first national builder to construct every home using standards that meet or exceed ENERGY STAR® requirements. Meritage, which participates in TEP’s New Construction program, builds homes that are twice as energy efficient as a typical U.S. home of the same size.
  • Lifetime Contribution to Residential Energy Efficiency – John Wesley Miller: Miller, a national leader in energy conservation and green building practices, has received numerous industry honors and awards for energy conservation and building quality. He has consulted with Pima County to promote a program for energy-efficient homes and the use of solar energy, and with the University of Arizona’s Environmental Research Laboratory in developing new energy-saving products and technologies. Miller is one of four builders selected by the U.S. Department of Energy to develop highly-efficient “zero-energy use” homes. The second such home built by Miller costs an average of about $300 annually to heat and cool.
5555 Broadway, WEB

CBRE Releases Recent Tucson Transactions

CBRE has recently leased two retail spaces totaling 5,522 SF located at the 5555 Broadway Center in Tucson.

The redevelopment project was formerly home to a Mervyn’s department store. The site, which sits at the northeast corner of Broadway Boulevard and Craycroft Road, is anchored by Hobby Lobby and Stein Mart. Nancy McClure and Michael Laatsch with CBRE’s Tucson office negotiated the lease for the landlord/developer, Benenson Capital Partners of New York City. The newest tenants include an Arizona Urgent Care, which will open in the 3,522 SF west-corner end-cap, and Potbelly Sandwich Shop, which leased the remaining 2,000 SF between Urgent Care and Broadway Smiles Dentistry & Orthodontics. Arizona Urgent Care was represented by Ken Elmer of Commercial Properties, Inc. and Potbelly was represented by Zach Pace of Phoenix Commercial Advisors. Arizona Urgent Care and Potbelly Sandwich Shop will both open in mid-2014.

“The redevelopment of this former Mervyn’s site is redevelopment done right. The proactive planning, collaboration and hard work by all of the organizations involved have resulted in a transformed property,” said CBRE’s McClure. “This 7.1-acre corner is now home to a modern, successful retail strip center that is 100 percent leased and is a huge boon to the community.”

“5555 Broadway Center has been a great project, and we owe CBRE a great debt in its ultimate success,” said Gary F. Sedoruk, managing director of Benenson Capital Partners. “I think we built a great team in Tucson.”

Formerly the site of a Mervyn’s department store and a long-closed, boarded-up tire shop, 5555 Broadway was purchased by Benenson Capital Partners in 1992. After Mervyn’s closed in 2009, redevelopment did not begin until early 2012. The pad was completed as shell space at the end of 2012, with three of the four spaces leased to the Mattress Firm, Vitamin Shoppe and Broadway Smiles Dentistry and Orthodontics prior to completion. The anchor tenants took occupancy after improvements to the main building with Stein Mart opening in late 2012 and Hobby Lobby in the spring of 2013. With the latest additions of Arizona Urgent Care and Potbelly, the entire retail development is now fully leased.


Local homebuilder United Builders LLC has leased 1,560 SF of office space at 6601 E. Grant Rd in Tucson. CBRE’s David Montijo negotiated on behalf of the tenant. The landlord, C2D2 Associates LLC, was self-represented. United Builders took occupancy early January.   Progressive Animal Wellness Services LLC has leased 3,150 SF of retail space at Rita Ranch shopping center located at 9040 Valencia Rd. in Tucson. CBRE’s David Dutson negotiated on behalf of the landlord, CNA Enterprises, Inc. The tenant, who was represented by Dean Ingram with DeRito Partners, took occupancy in early January.   The Thomas R. Brown Family Foundation has leased 4,718 SF of office space at Taylor Office Park located at 1990-1996 N. Kolb Rd. in Tucson. CBRE’s Jeff Casper negotiated the 10-year lease on behalf of the landlord, Taylor Kolb LLC. The tenant, who was represented by Bob Davis and Tom Hunt with Rein & Grossoehme, will take occupancy in early March.   Burns Pest Elimination of Tucson has leased 3,516 SF of flex/industrial space at 2002 N. Forbes Blvd. CBRE’s Tim Healy and Bob DeLaney negotiated on behalf of the landlord, San Diego, Calif.-based DMIG, LLC. The tenant, who was represented by Jeff Casper with CBRE, will take occupancy March 1st.   The National Ecological Observatory Network has leased 3,900 SF of office space at Valencia Business Park located at 2115 E. Valencia Rd. in Tucson. The landlord was Tucson-based Obedin Holdings LLC. CBRE’s Bill Di Vito and Jesse Blum represented both the tenant and landlord in negotiating the lease term. The Boulder, Colo.-based NEON, which is designed to gather and synthesize data on the impacts of climate change, land use change and invasive species on natural resources and biodiversity by collecting data from 106 sites across the U.S., will take occupancy in early June.

RED Awards banner

Tucson Commercial Real Estate Market Review

PICOR released the following Tucson commercial real estate market review:


The Tucson office vacancy rate ended 2013 in familiar territory, at 12.2%, with medical and associated uses continuing to shine more brightly than financial and service sector requirements. Investment activity picked up in the fourth quarter, with seven of the ten largest buildings sold to users in service and technology fields. We expect mild improvement across the market in 2014 with job creation the key to meaningful absorption.


On the strongest annual net absorption since 2008 (728,000 sf), the Tucson retail market improved to 7.1% vacancy at year end 2013, versus 7.9% a year before. Lease rates appear to have bottomed out, with average asking rates citywide at $14.32 psf/year. Deliveries for the year totaled almost 400,000 sf, the highest level of construction in four years. This construction was driven by tenant activity, rather than speculative development.


The Tucson industrial market made significant headway over the course of 2013. Positive absorption of 770,000 sf allowed vacancy to improve 1.5 percentage points (pps) year over year to end the year at 10.5%, led by small business growth. Upward pressure on rents became more notable in small spaces, but not significantly enough to impact values. On the investment side, pricing pressure remained as continued REO product washed through the market. Look for continued gradual improvement in the year ahead.


2013 saw increases in unit absorption, average rental rates and occupancy rates, ending at a 9.41% vacancy rate on absorption of 754 units. Monthly rents increased $8 per unit to $637. Sale activity dropped sharply in 2013 due to stagnant NOIs and the midyear jump in interest rates. Expect a multi-year increase in trading activity beginning this year, thanks to improving fundamentals and heightened investor interest as other markets become overpriced.

River Center_Whole Foods, Lee and Associates

Lee & Associates Sells Tucson Shopping Center for $24.8M

River Center, a 117,563 SF Whole Foods- and Petco- anchored shopping center at 555 E. River Rd. in Tucson, has sold for $24,775,000. The sale posted a cap rate of 5.5%.
The January 9 closing was lead by Lee & Associates Arizona principals Patrick Dempsey and Jan Fincham. The buyer was Global Retail Investors, LLC, a subsidiary of First Washington Realty, Inc. of Bethesda, MD. The seller was River Center Canada, LLC.
“We were pleased to have sourced this signature Tucson project and worked diligently to provide valuable guidance for both parties,“ said Dempsey.
River Center was constructed in 1986 and remodeled in 1997 and in 2013. The center is located at the base of the Catalina Foothills in northeastern Tucson.


Arizona Telemedicine Sets Standard of Innovation

Investments by state governments in their own state universities can yield large returns and help create new industries.  In Arizona, telemedicine is a good example of a success story.

The Arizona Telemedicine Program’s Telehealth Technology Innovation Accelerator (TTIA) supports the development of telemedicine programs in independent health-care delivery systems throughout Arizona. The Arizona Telemedicine Program (ATP) operates one of the largest broadband health-care telemedicine service networks in the United States, delivers federally funded distance education and training programs throughout the Southwest and supports clinical studies on innovative health-care delivery systems.

Headquartered at the University of Arizona College of Medicine – Tucson, the ATP began in 1996, when then-State Representatives Robert “Bob” Burns (R-Glendale) and Lou Ann Preble (R-Tucson) championed the creation of an eight-site telemedicine program.  Ronald S. Weinstein, MD, a pioneer in telemedicine and telepathology, was recruited as its founding director. Since then, the eight-site Arizona Telemedicine Rural Network has grown 20-fold, and now extends to 160 sites in 70 communities.

“Our goal from the start was to use state funding as seed money for something far greater,” said Dr. Weinstein. “Our University of Arizona physician faculty members and basic scientists saw an opportunity to create a new type of federation of telemedicine programs, in which the UA would have multiple roles for an Arizona state-wide consortium of telemedicine programs. These roles now include creating and operating a shared broadband telecommunications network; developing inclusive training programs that address the telemedicine training needs of personnel across the entire health-care industry in Arizona; and promoting telemedicine, telehealth and mobile health (or mHealth).”

Today, a number of nationally recognized telemedicine programs are affiliated with ATP.  Personnel in these programs have received telemedicine training and technical assistance from ATP in Tucson and Phoenix or online.

The Yuma Regional Medical Center (YRMC) in Yuma, Ariz., signed on with ATP in 2006.  Greg Warda, MD, and his YRMC staff now have daily access to pediatric cardiologists led by Daniela Lax, MD, at The University of Arizona Health Network (UAHN) in Tucson. Doctors in YRMC’s 20-bassinet Neonatal Intensive Care Unit have immediate access to UA telecardiologists in Tucson over the Arizona Rural Telemedicine Network. Immediate medical decisions can be made about transferring babies born with life-threatening congenital heart defects to Tucson or Phoenix hospitals with world-class pediatric cardiothoracic surgery specialists on their staffs. Said Dr. Warda, “I can’t say enough about the cardiologists in Tucson. They’ve all been wonderful.”

Each week, the UAHN cardiology group consults on four to five YRMC cases by telemedicine video conferencing and UA cardiologists also spend a day and a half each month in Yuma following up on the babies and children they have diagnosed. ATP engineers are available 24/7 to provide technical support for this pediatric service, which has handled more than 400 expedited cases in the past five years.

Another innovative program—Phoenix-based Banner Health’s eICU (electronic intensive care unit) program, one of the largest in the nation—utilizes clinical decision support systems (CDSS), computerized diagnostic aids that automate continual analysis of patient vital signs and provide electronic access to electronic health records, lab results, medications, medical imaging and other patient data. The CDSS alerts care teams to adverse trends as well as to acute events. Spotting adverse trends in a patient’s status is challenging in any care environment due to factors such as caring for multiple patients simultaneously and routine shift changes, but is critical to preventing adverse outcomes. The CDSS allows remote intensivists (physicians who specialize in the care and treatment of patients in intensive care units) and bedside care teams to focus their efforts on the patients who need them the most.

Banner’s eICU enterprise is built around a CDSS developed by faculty in the Department of Anesthesia at Johns Hopkins School of Medicine in Baltimore, Md., and is led by Deborah Dahl, vice president for patient care innovation and director of telemedicine at Banner. Currently, 430 eICU rooms at 20 Banner hospitals are equipped with a fixed two-way audio-video system linked to a call center in Mesa, Ariz., from which intensivists remotely monitor patients. In addition to providing the Banner Health “teleteam” video access, the system continuously gathers data from the bedside monitors and each patient’s electronic medical record. A single intensivist can follow hundreds of patients a day by telemedicine. The eICU system saves Banner Health tens of millions of dollars a year. It improves patient care, results in discharging patients earlier and lowers 30-day readmission rates.

Another ATP teaching affiliate, the Mayo Clinic in Phoenix/Scottsdale, has a network of rural telestroke sites. Bart M. Demaerschalk, MD, professor of neurology and director of the telestroke and teleneurology programs at the Mayo Clinic, and Ben Bobrow, MD, professor of emergency medicine at the UA College of Medicine – Phoenix created a state-wide rural telestroke and teleneurology program that serves 1,500 patients annually, preventing permanent brain damage and death. Their telestroke network is bringing “golden hour” diagnostic services to patients at Bisbee’s Copper Queen Community Hospital and other rural hospitals in Casa Grande, Cottonwood, Flagstaff, Globe, Kingman, Parker, Show Low, Tuba City and Yuma. (The “Golden Hour” for neurology patients is the one-to-three hours after stroke symptoms first appear, when the majority of strokes may be averted by intravenous thrombolytic therapy.)

The “granddaddy” of telemedicine services in Arizona is teleradiology, the most commonly used telemedicine application in the United States. Faculty in the UA Department of Medical Imaging (formerly Department of Radiology) pioneered the development of digital radiology, the foundational technology for teleradiology. Today, teleradiology services like those developed at the UA a decade ago are offered by hundreds of teleradiology companies in the United States. Since 1998, UA radiologists have diagnosed more than 1.3 million radiology cases for patients in 25 communities in Arizona and adjacent states.

“Today a number of our outstanding telemedicine programs, owned by different health-care organizations, work together on telemedicine challenges ranging from legal and regulatory issues to telecommunications challenges to reimbursement issues of mutual concern,” said Dr. Weinstein. The ATP is proud of the fact that “the Arizona State Legislature had a strong sense of ownership of the ATP at the time of its creation 17 years ago, and is engaged in these activities of ATP more than ever today.”

Dr. Weinstein noted, “Telemedicine is everybody’s business.”


CBRE Completes 2,700SF Dickey’s BBQ Lease in Tucson

CBRE has completed a 2,700 SF retail lease at the Plaza Escondida Shopping Center at 7850 N. Oracle Rd. in Tucson.

Jesse Peron and Peter Villaescusa with CBRE’s Tucson office represented the landlord, Newport, Calif.-based Roseville Tucson LLC. The tenant, Dickey’s BBQ Pit, was represented by Gary Best of Keller Williams Southern Arizona in Tucson.

Dickey’s BBQ Pit is one of the fastest growing chains in the country, ranking fourth on Nation’s Restaurant News Second 100 list. The Texas-based BBQ franchise has four other locations in Arizona, all in the Phoenix metro area. This lease marks the first location in Tucson and southern Arizona.

CampusTI-2, CBRE

HSL Properties Repositions Former Texas Instruments Facility

CBRE has been awarded the marketing assignment for The Campus at Tucson International in Tucson, Ariz. The six-building, 253,393-square-foot business park campus sits on 17.6 acres two blocks from Tucson International Airport. The property was formerly home to Texas Instrument’s operations in Tucson.

William DiVito and Jesse Blum with CBRE’s Tucson office will handle the marketing of the property for owner HSL Properties of Tucson. DiVito and Blum also brokered the transaction for HSL, which purchased the property in September from Texas Instruments of Dallas, Texas for an undisclosed price. HSL is currently making improvements to the property with plans to reposition and bring new life to the project and the Tucson market.

We believe Tucson is a market that can and will attract major employers with the right kind of real estate. The Campus at Tucson International is that kind of real estate,” said Humberto Lopez, president of HSL Properties. “Our goal is to attract companies that will add value to the Tucson market in the form of jobs and commerce.”

This campus once housed over 1,400 employees,” said Omar Mireles, HSL’s executive vice president. “Our vision is to see that happen again. We are committed to bringing new businesses and the jobs that come with them to Tucson.”

The Campus at Tucson International is unique in that it offers a campus environment with amenities and infrastructure that are matched only by the properties that currently house Honeywell, Ratheon and IBM,” said CBRE’s DiVito. “It’s really well positioned to attract quality tenants and we’ve already experienced a flurry of interest from a variety of potential users after officially being on the market only a few weeks.”

We’ve had interest from companies looking to utilize the property for uses ranging from basic manufacturing to high-tech optics, and even back-office and data-center operations,” said CBRE’s Blum. “Some users have inquired about the entire property, while others have interest in portions of the property. That’s the great thing about The Campus at Tucson International; there are so many possibilities for potential users which opens us up to a really wide variety of user types.”

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.


CBRE Negotiates 2KSF Office Lease in Tucson

CBRE has negotiated a 2,006 SF office lease at 2500 N. Tucson Blvd. in Tucson. David Montijo and Jeff Casper with CBRE’s Tucson office negotiated the transaction on behalf of the landlord, AEH Investors V LLC, and the tenant, The Law Offices of Annie M. Rolfe PLLC, both of Tucson.


Quarles & Brady Earns Inclusive Workplace Award

The national law firm of Quarles & Brady LLP announced that the firm’s Phoenix and Tucson offices received the Inclusive Workplace Leader Award for a medium-size company from Diversity Leadership Alliance (DLA) at their Annual Conference on Friday, November 1.

The DLA award is designed to recognize companies that are leaders in the area of Diversity & Inclusion and model the mission of DLA. In particular, they create an environment where individuals are treated and respected equally, and they are considered an “Inclusive Workplace Leader.”

“We’ve worked long and hard to create an environment in which any productive person can succeed,” says firm chair Kimberly Leach Johnson. “It’s satisfying to see that our efforts have not gone unnoticed, and the workplace we’ve created is its own reward as well.”

Quarles & Brady makes diversity a central component of its strategic plan. The firm is a recognized industry leader in mentoring and developing outstanding diverse attorneys, routinely ranking above average and among the best law firms for women and diverse attorneys. The firm has women and diverse attorneys heading four of the firm’s eight offices and offers family-friendly policies, informal training and other initiatives that promote a diverse workplace.

In addition, the firm’s Executive Committee appointed a Diversity & Inclusion Committee that consists of representatives from offices across the country and includes partners, associates and staff to ensure that diversity is a part of the organization. The firm also created the position of Director of Employee Relations, Diversity and Corporate Social Responsibility, held by Darlene M. Austin, to provide firm leadership on diversity efforts.


Quarles & Brady Earns Inclusive Workplace Award

The national law firm of Quarles & Brady LLP announced that the firm’s Phoenix and Tucson offices received the Inclusive Workplace Leader Award for a medium-size company from Diversity Leadership Alliance (DLA) at their Annual Conference on Friday, November 1.

The DLA award is designed to recognize companies that are leaders in the area of Diversity & Inclusion and model the mission of DLA. In particular, they create an environment where individuals are treated and respected equally, and they are considered an “Inclusive Workplace Leader.”

“We’ve worked long and hard to create an environment in which any productive person can succeed,” says firm chair Kimberly Leach Johnson. “It’s satisfying to see that our efforts have not gone unnoticed, and the workplace we’ve created is its own reward as well.”

Quarles & Brady makes diversity a central component of its strategic plan. The firm is a recognized industry leader in mentoring and developing outstanding diverse attorneys, routinely ranking above average and among the best law firms for women and diverse attorneys. The firm has women and diverse attorneys heading four of the firm’s eight offices and offers family-friendly policies, informal training and other initiatives that promote a diverse workplace.

In addition, the firm’s Executive Committee appointed a Diversity & Inclusion Committee that consists of representatives from offices across the country and includes partners, associates and staff to ensure that diversity is a part of the organization. The firm also created the position of Director of Employee Relations, Diversity and Corporate Social Responsibility, held by Darlene M. Austin, to provide firm leadership on diversity efforts.


Sweitzer Named Head of UA Sarver Heart Center

Nancy K. Sweitzer, MD, PhD, a board-certified advanced heart failure and transplant cardiologist and physiologist, will become director of the University of Arizona Sarver Heart Center and chief of the Division of Cardiology in the UA College of Medicine, Department of Medicine, effective March 1, 2014, announced Steve Goldschmid, MD, dean of the UA College of Medicine – Tucson.

“It is very clear that Dr. Sweitzer has a passion for professional excellence and delivery of high-quality cardiovascular care, combined with a curiosity that drives collaborative scientific discovery,” Dr. Goldschmid said.  “She also displays a deep commitment to seeking ways to improve. She personifies the UA’s ‘Never Settle’ vision – a vision that guides our strategic planning at the College of Medicine.”

Currently, Dr. Sweitzer is an associate professor of medicine and director of numerous programs, including clinical research, quality, and the heart failure and cardiac transplant programs (interim director) at the University of Wisconsin Cardiovascular Medicine Division in Madison. She also directs the cardiovascular medicine and heart failure and cardiac transplant fellowship programs there.

“Dr. Sweitzer is nationally recognized for her strong leadership and experience in clinical research. These unique talents will help her build impactful bridges between the clinical and basic science enterprises, and increase discovery in the areas of translational and personalized cardiovascular medicine,” said Joe G.N. “Skip” Garcia, MD, senior vice president for health sciences and professor of medicine at the University of Arizona.

Dr. Sweitzer has a clinical research program focused on the interaction of the dysfunctional heart muscle in heart failure with the vasculature and kidneys to better understand how to improve symptoms and organ function in heart failure patients.  She has done extensive work on the physiology of heart failure with preserved systolic function, a disease that disproportionately affects elderly women. She has led and collaborated on numerous studies sponsored by the National Institutes of Health as well as studies supported by industry and academic sponsors. She also has served on numerous NIH committees and currently serves as a member of its Clinical and Integrative Cardiovascular Science Study Section and the American Heart Association’s Cardiac Biology and Regulation Committee.

“I believe in the mission of the current leadership of the University of Arizona, the College of Medicine, and The University of Arizona Health Network. Together, we are able to provide the highest level of unique advanced and specialized service to patients with heart disease in Tucson and the Southwest  and to support other cardiovascular and primary care providers in the region. The leadership at UA, combined with the strong faculty already in place, offer tremendous opportunity to grow the division’s regional and national presence and increase its prestige and recognition. I plan to build the cardiovascular division so that we will provide consistently excellent and comprehensive advanced and specialized cardiovascular disease services. As an advanced heart failure and transplant cardiologist, my focus has always been on providing the best care to the sickest patients with heart disease,” said Dr. Sweitzer.

“Dr. Sweitzer’s expertise will have a huge impact on the future advances that come from the Sarver Heart Center. Her experience as a translational researcher will be extremely valuable in terms of boosting collaboration between Sarver Heart Center members who have a strong basic science focus on cardiovascular diseases and those who understand the clinical advances that are within our grasp. We are grateful for the support we received from both the College of Medicine and The University of Arizona Health Network for making this recruitment possible,” said Carol C. Gregorio, PhD, director of the Molecular Cardiovascular Research Program and head of the Department of Cellular and Molecular Medicine at the UA College of Medicine, who has served as interim director of the Sarver Heart Center since July 2013, following the retirement of Dr. Gordon A. Ewy, who served as director since 1991. Dr. Gregorio also chaired the director search committee.

“I am looking forward to the unique opportunity to lead both cardiology and cardiovascular research efforts, coupled with a successful center of excellence in the UA Sarver Heart Center. The potential to make a significant impact is far greater than most cardiology opportunities. This is largely due to the tremendous legacy of Dr. Gordon Ewy. His amazing work in both research and public outreach, saving lives and increasing understanding and awareness of cardiovascular disease is an awe-inspiring and motivating legacy. The Sarver Heart Center and the talented and dedicated staff are poised to be a real force in the Tucson community as well as the regional Southwest for improvement of care disparities and cardiovascular disease awareness, and large-scale preventive heart disease efforts,” said Dr. Sweitzer.

2106 N. Forbes | Photo credit: CoStar

PICOR Releases Recent Transaction List

APX International, Inc. leased 20,078 SF at 2106 N. Forbes, Suite 101 & 102 in Tucson from MRI Saddlehorn Investment Fund II, LLC. Rob Glaser, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

TAP Royal leased 500 SF at 621 N. Grand Avenue, Suite D in Nogales from Angel Mendoza.  Denisse Angulo, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Filipino American Christian Fellowship of Tucson leased 1,075 SF at 6506 E. 22nd Street in Tucson from Tierra del Sol Commercial Center, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Tom Harrison leased 1,500 SF at 220 E. 27th Street, Suite F in Tucson from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Witt Company leased 1,732 SF at 1200 E. Ajo, Suite 109 in Tucson from Ajo/Evans Business Park, LLC. Steve Cohen and  Russ Hall,  SIOR, GSCS,  Industrial Specialists with Cushman & Wakefield | PICOR represented the tenant and Pat Welchert, SIOR, Industrial Specialist and Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Mort Kranitz Automotive Sales and Service, LLC. leased 1,926 SF at 2761 N. Stone Avenue in Tucson, Arizona from Wholesale Auto Exchange, Inc. Greg Furrier, Principal and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the landlord and the tenant.

Filta Environmental Kitchen Solutions leased 2,500 SF at 3640 S. Campbell Ave, Unit 1 in Tucson from Strauss Revocable Living Trust. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represent the landlord.

Swisher Hygiene USA Operations, Inc. leased 2,500 SF at 3640 S. Campbell Ave., Unit 2 in Tucson from Strauss Revocable Living Trust. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Sam McGill with Grant Street Associates represented the tenant.

Kachina Business Solutions, an Image 2000 Company, leased 3,883 SF at 1951 W. Grant Road, Suite 180 in Tucson from Wright and Case Holdings, LLC. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and David Carroll with Romano Real Estate represented the landlord.


Ogletree Deakins Named a ‘Law Firm of the Year’

Ogletree, Deakins, Nash, Smoak & Stewart, P.C. (Ogletree Deakins), one of the largest labor and employment law firms representing management, has been named “Law Firm of the Year” in two categories, Employment Law – Management and Labor Law – Management, in the 2014 edition of the U.S. News – Best Lawyers® “Best Law Firms” list. Only one law firm in each practice area receives the “Law Firm of the Year” honor. This is the third consecutive year that Ogletree Deakins has been named a “Law Firm of the Year.” It is also the second consecutive year that the firm has been named “Law Firm of the Year” in the Employment Law – Management category.

In Arizona, Ogletree Deakins’ offices in Phoenix and Tucson earned “First-Tier” rankings in three practice area categories: Employment Law – Management; Labor Law – Management; and Litigation – Labor & Employment. Nationally, the firm has been recognized with six “First-Tier” rankings: Employee Benefits (ERISA) Law; Employment Law – Management; Immigration Law; Labor Law – Management; Litigation – Labor & Employment; and Construction Law. A complete list of honorees is available today at http://bestlawfirms.usnews.com/.

“We are very excited to have received ‘Law Firm of the Year’ designations again this year,” said Kim Ebert, managing shareholder of Ogletree Deakins. “We will continue our focus on providing outstanding service and value to our clients.”