Tucson Real Estate: Fry's buys land for new store on east side

Smith’s Food and Drug Centers Inc. has bought 16.3 acres of vacant land at the northeast corner of 22nd Street and Houghton Road for its new Fry’s Marketplace.

The land was sold by Twenty-Second Street Baptist Church of Tucson Inc. for $2.8 million.

Fry’s plans a 96,000-square-foot store with a 300-square-foot fuel station canopy. Brentwood Developments will build a 6,500-square-foot restaurant building and a 12,000-square-foot retail shops building at the site.

Fry’s plans to relocate the existing Fry Food and Drug Store at 9401 E. 22nd St. to the new Fry’s Marketplace site once it is constructed. The new marketplace will employ approximately 160 people, which is about 40 people more than a typical Fry’s Food and Drug Store and will feature an expanded selection of meats and organic produce, a sushi bar, an Asian bistro, a wine bar and a Starbucks.

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Craig Finfrock of Commercial Retail Advisors LLC represented the buyer and Brentwood Developments, and the seller was represented by Ian Stuart and Ben Becker, of CBRE.

Other recent commercial transactions include:

• Farnam Cos. bought Avilla Sabina, a 183-unit complex at 3500 N. Sabino Canyon Road,
• from Aerie Development for $42.3 million. Art Wadlund and Clint Wadlund, with Berkadia, represented the seller.
• Wetton Investments of Costa Mesa, Calif., bought College Town Tucson, a 196-unit complex at
• 1300 E. Fort Lowell Road,
• for $13.6 million. Clint Wadlund and Art Wadlund, of Berkadia, represented the seller, MCS Capital Partners of Phoenix.
• Solar Gain Inc. leased 18,751 square feet at
• 702 E. 17th St. from Intermediate Village LLC. Rob Glaser and Paul Hooker, with Picor, represented the landlord, and John Yarborough, with Romano Real Estate, represented the tenant.
• P3 Health Partners LLC leased 6,961 square feet at 5255 E. Williams Circle from The Colton Co. Brandon Rodgers, with Picor, represented the tenant.
• Timberlake Cabinetry, a division of American Woodmark Corp., leased 4,304 square feet at 3865 N. Business Center Drive from NTBC Trust Partners LLC. Rob Glaser and Paul Hooker, with Picor, represented the landlord, and Tim Healy, with CBRE, represented the tenant.
• Special Needs Solutions Inc. leased 3,660 square feet in Butterfield Business Park, 4555 S. Palo Verde Road, from Presson Equity Partners LLP. Rob Glaser, with Picor, represented the landlord.
• Divine Joy Yoga leased 2,480 square feet in Clairemont Plaza, 1684 S. Research Loop, from Clairemont Partners LLC. Rob Glaser and Max Fisher, with Picor, handled the lease.
• WSP USA Inc. leased 2,400 square feet of industrial space at 3150 N. Freeway Industrial Loop from P3 & G LLC. Ron Zimmerman, with Picor, represented the landlord, and Daniel Dobric, with Newmark Knight Frank, represented the tenant.
• Sigma Technologies International LLC leased 2,100 square feet at 6955 N. Camino Martin from Camino Martin Industrial Plaza LLC. Russell W. Hall, Stephen D. Cohen and Kelly Fickle, with Picor, represented the tenant, and John Ash, with CBRE, represented the landlord.
• Desert Island Supply LLC leased 2,000 square feet at 2930 E. Broadway from LMG Investments LP. Dave Hammack, with Picor, represented the landlord.
• Intelligent Instrumentation LLC leased 1,440 square feet in Exchange Place Business Center, 1870 W. Prince Road, from Presson Corp. Rob Glaser and Paul Hooker, with Picor, represented the landlord.