INDUSTRIAL GROUND LEASE – 3881 N HIGHWAY DR., TUCSON

Fishel Cable entered into a ground lease on one acre yard at 3881 N Highway Drive in Tucson for a storage yard. Fishel in Tucson, AZ is a private company, established in 2005. Fishel provides Cable Phone Service, Long Distance Telephone Service, Sbc Telephone Services, Telephones Services and Cheap Cell Phone Service. Fishel’s office is at 1912 W Prince Road. Ron Zimmerman of Newmark Grubb Knight Frank in Tucson handled the transaction.

RETAIL SPACE – 350 N. GRAND AVE., NOGALES

CSL Plasma, Inc., leased 15,530 sq. ft. at Nogales Plaza, located at 350 N Grand Ave. in Nogales, AZ from Nogales Shopping Center LP. CSL Plasma is owned by CSL Limited, based in Melbourne, Australia.  CSL Plasma first began in 1916 by supplying vaccines for the Australian government.  In 1994, CSL became a public company and since then they have grown to become a successful and well-respected global specialty biopharmaceutical company.  CSL currently employs over 10,500 associates worldwide.  CSL currently has 4 locations in Arizona, two in Tempe and two in Tucson. Denisse Angulo, Commercial Specialist with Cushman & Wakefield / PICOR and Jeff Maza with DTZ represented the tenant in this transaction.

INDUSTRIAL SPACE – 4325 S 3^RD AVE., TUCSON

Traxda leased 14,700 sq. ft. at 4325 S 3^rd Ave in Tucson from James & Patricia Novak.  Traxda was founded by Greg Pilling in 2011, after re-acquiring the Truxxx brand. Traxda is a manufacturing company that makes all of their products in Tucson. Pilling was one of the founders of Truxxx in 2004, the company that created the leveling kit segment in the truck aftermarket. The Truxxx line has the most comprehensive line of leveling kits available on the market, with many more exciting products coming soon. Ron Zimmerman of Newmark Grubb Knight Frank in Tucson represented the landlord and tenant in the transaction.

FLEX SPACE – 3865 N. BUSINESS CENTER DR., TUCSON

Motorola Solutions, Inc. renewed its 4,304 sq. ft. lease at 3865 N. Business Center, Suite 121 in Tucson.  Motorola Solutions is a worldwide enterprise offering communications solution, electronic devices, network systems, accessories and software to both the government and private sectors. Rob Glaser, SIOR, CCMI, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR, represented the landlord in this transaction while Dave Volk with CBRE of Tucson represented the tenant.

INDUSTRIAL SPACE – 108 S VISTA PARK RD., SIERRA VISTA

Vista Auto Care, LLC leased 3,000 sq. ft. at 108 S Vista Park Road in Sierra Vista from Gary Brown, the landlord. The property has three 12’x14’ bay doors and a common dock ramp. Ron Zimmerman of Newmark Grubb Knight Frank handled the transaction for landlord and tenant.

RETAIL – 3837 EAST BROADWAY BLVD., TUCSON

Smashburger Restaurant (Eric and Laura Wolf) is set to open its newest Tucson location on Wednesday, September 11 in 2,837 sq. ft. at 3837 E Broadway Blvd in the San Clemente Shopping Center located at the northwest corner of Broadway and Alvernon. This is the second of four Tucson Smashburgers slated to open by the end of 2014. The Tucson Smashburgers include the signature “Arizona Smashburger”, which is 100% certified Angus beef, topped with habanero cheese, guacamole, lettuce, tomato, onion, chipotle mayo and fresh jalapenos on a chipotle bun.  Smashburger also has create your own delicious burgers. Richard Shenkarow of Shenkarow Realty Advisors in Tucson and Greg Furrier of Cushman & Wakefield Picor handled the lease transaction for landlord San Clemente, LLC and tenant.

RETAIL – 4352 E. SPEEDWAY BLVD., Tucson

PF Tucson, LLC dba Whataburger renewed its 2,490 sq. ft. lease at 4352 E. Speedway, Tucson from Speedway Properties, LLC.  The location is a Whataburger restaurant.  Denisse Angulo, Commercial Specialist with Cushman & Wakefield / PICOR represented the Tenant in this transaction.

OFFICE SPACE – 4500 E. SPEEDWAY BLVD., TUCSON

The following businesses renewed leases from Presson Midway, LLC at the Midway Business Park, 4500 E. Speedway Blvd. in Tucson.

• Counsel Industries, LLC leased 2,400 sq. ft. in suites 47 & 48.  MIKID (Mentally Ill Kids in Distress) employs 100+ trained staff offering an array of services to families of children with emotional and behavioral challenges.  MIKID has four full service offices in Phoenix, Tucson, Yuma and Eagar.
• Descending Dragon Health Center, leased 1,600 sq. ft. suite 19.  Jarrod Lash owner, a member school of the North American Tang Shou Tao Association (NATSTA), provides traditional Chinese medicine and martial arts.
• Meziab International has renewed lease of 1,200 sq. ft. at the Midway Business Park, 4500 E. Speedway, Suite 24.  Meziab is a Mideast import company.
• IOI West Inc., leased 800 sq. ft. in suite 82.

Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR, handled these transactions.

OFFICE SPACE – 1712 E. SPEEDWAY BLVD., TUCSON

Core Campus Tucson, LLC a developer of student housing has leased 1,800 sq. ft. at 1712 E. Speedway in Tucson from VAM Realty, the landlord, for a leasing office.  Core Campus has construction underway on its 692-bed student housing community, known as The Hub at Tucson, at 1011 N. Tyndale Ave, Tucson.  Debbie Heslop represented the tenant in the transaction.  Heslop has also been retained for leasing ground floor retail space at The Hub of Tucson, located one block west of the University of Arizona campus.

INDUSTRIAL SPACE – 3820 S PALO VERDE RD., STE 113, TUCSON

Images Enterprises, LLC dba Everlasting Images Institute (EII) renewed its 1,725 sq. ft. leased at 3820 S Palo Verde, Suite 113, in Tucson from Palo Verde Trust Partners, LLC. EEI of Tucson, since 1983, has offered a wide variety of vocational training classes in Esthetics, Permanent Makeup, Construction, Red Cross Training, and Landscape Essentials in Arizona and Nevada. Rob Glaser and Paul Hooker, Industrial Specialists with Cushman & Wakefield / Picor handled the transaction.

INDUSTRIAL SPACE – 3538 N. ROMERO RD., TUCSON

Maverick Petroleum Services, Inc., leased 1,500 sq. ft. in the Romero / Prince Business Park at 3538 N. Romero Rd. Suite 178 in Tucson from Costa Verde Investments, LLC.  Jeff Zellet, Commercial Properties Specialist with Cushman & Wakefield / PICOR represented the tenant in this transaction while Ron Zimmerman of Newmark Grubb Knight Frank represented the landlord.

OFFICE SPACE – 5343 E PIMA ST., SUITE 201, TUCSON

Serrato Corporation leased a 1,400 sq. ft. for an administrative office at 5343 E Pima St, Suite 201, Tucson from Bajada Land Company, LLC. Their first location in Tucson, Serrato provides training and education services through the Department of Labor. Tom Nieman, Office Specialist and Russ Hall, Commercial Specialist, bot Principals with Cushman & Wakefield / Picor represented the tenant in the transaction.

RETAIL SPACE – 1801 S. ALVERNON WAY – TUCSON

Francisco Arenas leased 1,200 sq. ft. at 1801 S Alvernon Way, Suite 108 in Tucson from Presson Midpoint, LLC. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR, represented the landlord in this transaction while Bruce Suppes with CBRE of Tucson represented the tenant.

FLEX SPACE – 2112 N DRAGOON RD., SUITE 10, TUCSON

Stephen Beecken leased 1,000 sq. ft. at 2112 N Dragoon, Ste. 10 in Tucson from Rich Rodgers Investment. Brandon Rodgers, CCIM, Industrial Specialist, with Cushman & Wakefield / Picor represented the tenant in this transaction.

FLEX SPACE – 3855 S. EVANS BLVD., TUCSON

Diamond Medical Equipment LLC, has renewed its 900 sq. ft. lease in the AJO/EVANS Business Park, Tucson. Diamond Medical Equipment is a certified durable medical equipment company that was established in 2004 in Mesa Arizona. DME is currently headquartered in Gilbert Arizona. Pat Welchert and Jeff Zellet of Picor represented the landlord.

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[ismember] (Fishel Cable lease at 3881 N Highway Drive in Tucson is a 1-year term at $1,500 per month)

(Traxda’s lease at 4325 S 3^rd Ave started June 1, 2013 for a 4-year term)

(Asking rate at North Tucson Business Center, 3865 N. Business Center, is $12/SF/year full service)

(Vista Auto Care at 108 S Vista Park Rd, Sierra Vista is a 33-month lease term starting August 1, 2013. Asking rate was $1,710 per month, or $6.84/SF/year industrial gross.)

(Asking rate at San Clemente, 3837 E Broadway Blvd for smaller space was $25/SF/ year NNN at time lease was renewed)

(Asking lease rate at 4500 E Speedway was $.41 -$.52 / SF/ month Industrial gross)

(Asking rate at 3820 S Palo Verde is $.68 – $.83/ SF / Month/ IG)

(Asking lease rate at Romero / Prince Business Park,  3538 N. Romero Rd. was $.65/SF/modified gross)

(Asking rate  at 2112 N Dragoon was $7.20 / SF/ year / IG. Tenant pays city leasing tax at 2.5% plus own utilities. Amenities include grade level rollup for each space, monument signage, and excellent Interstate 10 access.)

(Asking lease was $.50/SF/month NNN with triple nets of $.24 / SF /month) [/ismember]

The City of Tucson’s Reid Park Zoo’s newest residents are two black-and-white ruffed lemurs named Pepe and Nuit. Black-and-white ruffed lemurs are an endangered species, native only to the rainforests on Madagascar.  Someone meeting the furry tree-hopping creatures for the first time might guess they’re related to squirrels or cats. But the truth is, lemurs are more closely related to you and me. Lemurs are primates.

“The new lemur habitat is a magnificent addition to Reid Park Zoo,” stated Jason Jacobs, Zoo administrator in a recent news release. “Zoo staff is to be commended for renovating a dilapidated exhibit and updating it with new mesh for ease of viewing. The landscaping and enrichment features create a vibrant habitat for lemurs and allow us to support the AZA’s breeding program for this species.”

According to a zoo news release the pair Pepe (a five year old male) and Nuit (a three year old female) came to Reid Park for breeding purposes. Pepe comes to Tucson from the Gladys Porter Zoo in Texas and Nuit is here from the Saint Louis Zoo, all three zoos are accredited by the Association of Zoos and Aquariums (AZA). The AZA works cooperatively to “make careful animal care and breeding decisions for many threatened and endangered species.”

Reid Park Zoo is open 8 a.m. – 3 p.m. and the lemurs will be on exhibit daily.

For more on the lemurs guests can go online to www.reidparkzoo.org.

Don’t forget to wear your black and white (in honor of the lemurs) from now till Sunday to get $2 off your admission price!

SEATTLE and NEW YORK (GLOBE NEWSWIRE) — Zillow, Inc. (Nasdaq:Z), the largest U.S. real estate and home-related marketplace, announced it has entered into a definitive agreement to acquire StreetEasy®, the leading real estate website in New York City, for $50 million in cash. The transaction is subject to satisfaction of customary closing conditions and is expected to close in the next few weeks.

StreetEasy attracts nearly 1.2 million monthly unique users, primarily home shoppers in the New York region. This acquisition gives StreetEasy the resources to further invest in product development and grow its audience, while offering Zillow® clear market leadership in the country’s largest and most important real estate market.

StreetEasy launched in 2006 and has 34 employees. StreetEasy provides accurate and comprehensive for-sale and for-rent listings through partnerships with all of the largest real estate brokerages in New York. The site adds several layers of additional data organized and presented in ways that help consumers and real estate professionals alike.

“At StreetEasy, we pride ourselves on bringing much-needed transparency to the New York City real estate marketplace, and being the primary reference site for consumers and real estate professionals,” said Michael Smith, co-founder and CEO of StreetEasy. “We’re very excited to be joining forces with Zillow, the largest national brand in mobile and online real estate, as we continue our commitment to data integrity, innovation and collaboration with the local real estate community.”

“Simply put, StreetEasy has cracked the code in New York,” Rascoff said. “They now have a local network effect where nearly every New York broker is active on StreetEasy because of the site’s large audience and comprehensive data.”

Zillow’s brands serve the full life cycle of owning and living in a home: buying, selling, renting, financing, remodeling and more. In addition, Zillow offers a suite of tools and services to help local real estate, mortgage, rental and home improvement professionals manage and market their businesses. Welcoming more than 61 million monthly unique users in July 2013, the Zillow, Inc. portfolio includes Zillow.com®, Zillow Mobile, Zillow Mortgage Marketplace, Zillow Rentals, Zillow Digs™, Postlets®, Diverse Solutions®, Agentfolio™, Mortech® and HotPads™. The company is headquartered in Seattle.