Tucson Lease Report January 6-10, 2020

Southwest Ambulance of Tucson’s 21,000-square-foot lease of industrial space by Paul Hooker of Cushman & Wakefield | Picor and Michael Sharapata and John Ruskin with Jones Lang LaSalle Americas highlights this week’s report.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report for January 6 thru 10, 2020.

INDUSTRIAL – 3759 N COMMERCE DRIVE, 2443 W MAJESTIC WAY and 2743 W MAJESTIC WAY, TUCSON
Southwest Ambulance of Tucson, Inc. leased 21,000-square-feet of industrial space at 3759 N. Commerce Dr., and 2443 and 2743 W. Majestic Way in Tucson, from West Partners Too, LLC.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, and Michael Sharapata and John Ruskin with Jones Lang LaSalle Americas, Inc., represented the tenant in this transaction. [mepr-show rules=”58038″] Tenant Phone: 520.407.4300[/mepr-show]

INDUSTRIAL – 2332 NSTONE AV., TUCSON
FinishMaster Inc. renewed their lease for 14,000-square-feet at 2332 N. Stone Avenue. Gordon Wagner with NAI Horizon and Mike Lindeman with NAI Global Corporate Solutions represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.882.8288[/mepr-show]

INDUSTRIAL – 4429 N HIGHWAY DR., TUCSON
BHP Copper leased 8,025-square-feet of industrial space at 4429 N. Highway Dr. in Tucson from Wheeler Family Revocable Trust.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Dean Cotlow with Cotlow Company, represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.531.6922[/mepr-show]

INDUSTRIAL – 1131 E PALMDALE ST., TUCSON
Sharp Electronics Corporation renewed their lease for 5,027-square-feet at 1131 E. Palmdale Street.  Gordon Wagner with NAI Horizon represented the tenant in this transaction.

INDUSTRIAL – 1121 W GRANT RD., TUCSON
Van Marcke Trade Supply, Inc. renewed their lease with Grant Clover Commons, LLC for a total of 4,800-square-feet of industrial space located in Grant Interstate Commons, 1121 W. Grant Rd., Suites 401-404 in Tucson.  Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.623.4369[/mepr-show]

RETAIL – 3602 N ORACLE RD., TUCSON
Circle K renewed their lease of 4,200-square-feet at 3602 N. Oracle Road. Cameron Lee of David Lee Real Estate represented the landlord, Lee Family Property Management, in the transaction.

RETAIL – 3805 W RIVER., TUCSON
Pursuit Fitness leased 3,527-square-feet of retail space from Orange Grove Center, LLC.  Pursuit Fitness & Performance, located in The Shoppes at Orange Grove, 3805 W. River Rd. in Marana, will offer group and semi-private personal training classes for people of all ages.  Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Kevin Volk and Jeramy Price with Volk Company, represented the landlord.

OFFICE – 1200 N EL DORADO PL., TUCSON
Harmony Hospice, LLC renewed their lease with El Dorado Ventures, LLC for 3,328-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite B-200 in Tucson.  Principal, Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 7105 E 22nd ST., TUCSON
D2 Dispensary renewed their lease of 3,010-square-feet at 7105 E. 22nd Street. Cameron Lee of David Lee Real Estate represented the landlord in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.214.3232[/mepr-show]

INDUSTRIAL – 5037 and 5041 E 29th ST., TUCSON
Grace Kingdom Church of God leased 2,800-square-feet of industrial space located in 29th Street Business Park, Suites 5037 E. 29th St. and 5041 E. 29th St. in Tucson, from Presson Corporation.  Cushman & Wakefield | PICOR handled this transaction.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, represented the landlord in this transaction.  Rob Tomlinson represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.289.2533[/mepr-show]

OFFICE – 5151 E BROADWAY BLVD., TUCSON
RJP-AZ, LLC renewed their lease for 2,782-square-feet of office space at 5151 E. Broadway Blvd., Suite 750 in Tucson, from KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC.  Thomas J. Nieman and Richard M. Kleiner, MBA, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Robert Lundstedt with DAUM Commercial Real Estate Services, represented the tenant.

RETAIL – NEC FRY BLVD & CORONADO RD, SIERRA VISTA
H&D Salon has leased a 2,472-square-feet space at Cochise Plaza, located on the NE corner of Fry Blvd. and Coronado Rd. in Sierra Visa, Arizona.  The Premises will be used as a salon and day spa specializing in hair cutting and coloring services, manicures, pedicures, facials, waxing, makeup, massage and related products and services. Melissa Lal, Andy Seleznov and George Larsen represented the Landlord, Larsen Baker.

6130 N LA CHOLLA BLVD., TUCSON
Pima Heart Physicians, P.C. has leased 2,467-square-feet at 6130 N. La Cholla Blvd., Suite 205, from HCP/Utah, LLC.  Lori Casey and Doug Marsh of Oxford Realty Advisors represented the Tenant and Rick Kleiner of PICOR represented the Landlord in the transaction.

OFFICE – 333 E WETMORE RD., TUCSON
Brown and Caldwell renewed their lease for 1,311-square-feet of office space at 333 E. Wetmore Rd., Suite 165 in Tucson, from Tucson West, LLC.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, and Dean Panfili with Cushman & Wakefield, Walnut Creek, represented the tenant in this transaction.  Philip Skillings and Andrew Sternberg with NAI Horizon, represented the landlord.

OFFICE – 6743 E BROADWAY BLVD., TUCSON
State Farm leased 1,253-square-feet at the Boot Barn Plaza located at 6743 E. Broadway.  Gordon Wagner and Dave Dutson with NAI Horizon represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $10.00 SF/YR[/mepr-show]

INDUSTRIAL – 245 S PLUMER AVE., TUCSON
Brein Wankel leased 1,200-square-feet of industrial space in Commerce Plaza, 245 S. Plumer Ave., Suite 31 in Tucson, from Plumer Partners, LLC.  Robert C. Glaser, SIOR, CCIM and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.40 SF/YR NNN[/mepr-show]

OFFICE – 615 W ROLLER COASTER RD., TUCSON
Natali Medlen Personal Trainer, LLC has leased 1,146-square-feet at 615 W. Roller Coaster Road, from 615 W. Roller Coaster Rd., LLC.  Cameron Casey of Oxford Realty Advisors represented the Tenant in the transaction. A new personal training facility. [mepr-show rules=”58038″]Asking lease rate: 21.00 SF/YR Modified Gross; Tenant Phone: 520.309.6688[/mepr-show]

RETAIL – 2411 S CRAYCROFT RD., TUCSON
Auto Liquidators, LLC has leased approximately 1,125-square-feet at 2411 S. Craycroft Rd Tucson, AZ 85711. Juan Pantoja from Grimm Commercial, LLC represented the Tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.232.3365[/mepr-show]

INDUSTRIAL – 4500 E SPEEDWAY BLVD., TUCSON
RJ Weatherholt, LLC, dba Align Counseling Services, leased 1,067-square-feet of industrial space in Midway Business Park, 4500 E. Speedway Blvd., Suite 5 in Tucson, from Presson Midway, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Barrie Herr with Long Realty Company, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $9.60 SF/YR Modified Gross[/mepr-show]

OFFICE – 1955 W GRANT RD., TUCSON
Yin Yang Balance leased 990-square-feet of office space in West Grant Centre, 1955 W. Grant Rd., Suite 150 in Tucson, from WestGrant Investors, LLC.  Molly Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.[mepr-show rules=”58038″] Asking lease rate: $13.00 SF/YR Modified Gross[/mepr-show]

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Phoenix Lease Report January 6 – 10, 2020

Phoenix Lease Report – January 6-10, 2020

The Phoenix Lease Report highlights leases as reported by NAI Horizon and Rein & Grossoehme this week.

The following leases were conveyed to the Real Estate Daily News for Phoenix between January 6 thru 10, 2020.

RETAIL
Jim Edwards of Rein & Grossoehme represented the landlord of Arrowhead Vista Shopping Center in a 3,000-square foot lease to Sushi Coma & Izakaya, LLC was recently. The location of the property is north of the northwest corner of Bell Road and 51st Ave in Glendale, AZ. Adam Lam of Sperry Commercial Global Affiliate represented the tenant.

RETAIL
Mike Kumelski of NAI Horizon represented the tenant, Aggregate Athletics, LLC, in a 120-month retail lease for 44,927-square-feet at 7720 Union Park Ave., Midvale, UT. The landlord, Fort Union Shopping Center LLC, was represented by Scott Brady/MK Partner Ben Brown with Mountain West Commercial.

RETAIL
Mike Myrick, Don Morrow and Dylan Whitwer of NAI Horizon represented the landlord, Thomas Investments Limited Partnership, LLP, in a 132-month office lease for 4,603-square-feet at 1112 E. McDowell Road, Phoenix, AZ. The tenant, Thomas Investments Limited Partnership, LLP, was represented by Alexandra Loye with Colliers.

RETAIL
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon of NAI Horizon represented the landlord, CP6MF LLC, in a 120-month retail lease for 2,814-square-feet at 1840 E. Warner Road, Tempe, AZ. The tenant, Core Concepts AZ Tempe, LLC, was represented by Sean Bishop with Lee & Associates.

RETAIL
Chris Gerow, Shelby Tworek, Gabe Ortega and Patrick Anthon of NAI Horizon represented both the tenant, SB Tempe, LLC and the landlord, Ziegler’s NYPD Pizza, LLC, in a 66-month retail sublease for 2,746-square-feet at 222 S. Mill Ave., Tempe, AZ.

INDUSTRIAL
Jeff Adams of NAI Horizon represented the tenant, Camp Roofing, LTD, in a 51-month industrial lease for 8,521-square-feet at 1440 West 12th Place, Tempe, AZ. The landlord, BKM Twins 115, LLC, was represented by Andy Brigham & Bill Bayless with CBRE Phoenix.

INDUSTRIAL
Isy Sonabend of NAI Horizon represented the tenant, Smalley and Company, in a 36-month industrial lease for 12,815-square-feet at 5546 W. Roosevelt St., Phoenix, AZ. The landlord, Kensington Investments V, LLC, was represented by Gary Anderson with Cushman & Wakefield.

OFFICE
Mike Myrick of NAI Horizon represented the landlord, Kyrene Office Suites, LLC, in an 84-month office lease for 1,318-square-feet at 605 W. Knox Road, Tempe, AZ. The tenant, Edward Jones, was represented by Larry Little with Mutual Property Advisors.

OFFICE
Laurel Lewis and Mike Kumelski of NAI Horizon represented the tenant, Domino’s Pizza, LLC, in a 61-month office lease for 2,146-square-feet at 2601 E. Thomas Road, Phoenix, AZ. The landlord, Arizona Assemblies of God Real Estate Holding Company, LLC, was represented by Suzanne Enright with Shell Commercial.

RETAIL
Chris Gerow, Shelby Tworek, Gabe Ortega & Patrick Anthon of NAI Horizon represented the landlord, Weingarten Nostat Inc., in a 60-month retail lease for 1,440-square-feet at 7750 E. McDowell Road, Scottsdale, AZ. The tenant was represented by Kolton Pico Matosich with Sheldon Wiseman Commercial Real Estate.

OFFICE
Thomas Bean, CCIM, and Laurel Lewis of NAI Horizon represented the landlord, Corner Edge Interactive, LLC, in a 21-month office sublease for 3,446-square-feet at 2165 W. Pecos, Chandler, AZ. The tenant, The Institute for Liver Health, LLC, represented itself.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, HBR Properties, LLC, in a 39-month retail lease for 1,600-square-feet at 3522 Grand Ave., Phoenix, AZ. The tenant, Gabriel Amavizca and Quintero Murrieta Guadalupe dba Encinas Meat, represented itself.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, Allan Edward Slatin Trust, in a 41-month retail lease for 2,500-square-feet at 4744 E. Thunderbird Rd., Phoenix, AZ. The tenant, Arizona Budokan, LLC, was represented by Greg Valladao with SRS Real Estate Partners.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, Kayrich Associates, LLC, in a 60-month retail lease renewal for 3,528-square-feet at 6445 N. 51st Ave., Glendale, AZ. The tenant, Zena Yakoob and Shaalan Yakoob dba Express Food Mart, represented itself.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, HBR Properties, LLC, in a 39-month retail lease for 1,000-square-feet at 3522 Grand Ave., Phoenix, AZ. The tenant, El Paris Barbershop, LLC dba Raspados El Bikini, represented itself.

OFFICE
Thomas Bean, CCIM, and Laurel Lewis of NAI Horizon represented the landlord, Top of the Tram, LLC, in a 10-month office lease for 3,446-square-feet at 2165 W. Pecos, Chandler, AZ. The tenant, The Institute for Liver Health, LLC, represented itself.

OFFICE
Don Morrow and Dylan Whitwer of NAI Horizon represented the landlord, Freeport Investments, in a 24-month office lease for 2,002-square-feet at 2720 E. Thomas Rd., Phoenix, AZ. The tenant, Centria Healthcare, represented itself.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, Puchhi, Inc., in a 38-month retail lease for 1,240-square-feet at 9501 W. Peoria Ave., Peoria, AZ. The tenant, BCF, LLC dba Remedy Kettlebell Club, represented itself.

RETAIL
Matt Harper, CCIM, of NAI Horizon represented the landlord, Kayrich Associates, LLC, in a 38-month retail lease for 1,712-square-feet at 6445 N. 51st Ave., Glendale, AZ. The tenant, Pretty Wicked Bootcamp LLC, represented itself.

OFFICE
Jennifer Loehnert of NAI Horizon represented the tenant, Evolution Insurance, LLC, in a 24-month office lease for 389-square-feet at 3101 N. Central Ave., Phoenix, AZ. The landlord, Boxer Property Management Corp., was represented by Robert Wilder with Boxer Property Management Corp.

OFFICE
Joan Krueger, Don Morrow and Dylan Whitwer of NAI Horizon represented the landlord, Norman Family LP, in a 12-month office lease for 500-square-feet at 1111 N. Gilbert Road, Gilbert, AZ. The tenant, Better Way Tax, represented itself.




Colliers International Selected to Lease 3900 East Camelback

Photo credit: K2 Creative

Class A Building Offers Largest Block of Space in Dynamic East End of Camelback Corridor

Phoenix,  Arizona – Colliers International in Arizona has been selected to lease the recently sold 3900 Camelback Center office building.  The Class A project offers one of the corridor’s largest contiguous blocks of first floor space available and is situated in the dynamic east end of the submarket.

“The midpoint of the Camelback Corridor is shifting eastward,” says Ryan Timpani, executive vice president with Colliers International. “3900 Camelback Center benefits from an incredible wealth of nearby and walkable amenities that offers convenient options to employees in the building.”

Timpani and Phil Breidenbach, executive vice president of Colliers International in Arizona will be exclusive leasing agents for the 177,520-square-foot property that was completed in 2009.  3900 Camelback Center serves as corporate headquarters for Shamrock Foods and Southwest regional office for Ryan Companies.  The building recently sold for $54.5 million to Wilshire Capital Partners of Los Angeles.  Ryan Companies will continue to manage the property.

The three-story building offers abundant surface and garage parking.  3900 Camelback Center is certified LEED Gold Core and Shell (LEED BD+C) by the U.S. Green Building Council.  The lobby features an expansive, two-story main entrance with full-height glass, wood wall panels and stone tile floors.  A second-floor balcony and offices overlook the lobby where visitors enjoy a comfortable seating area surrounded by beautiful planters.  The third floor features a large outdoor patio with spectacular views of surrounding Piestewa Peak and Camelback Mountain.