Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR handling of a 12,017-square-foot office space renewal to La Cholla Family Medice highlights this week’s Tucson Lease Report.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report for the two weeks of December 23, 2019 to Jan 3, 2020.

OFFICE – 6130 N LA CHOLLA BLVD, STE 100, TUCSON
La Cholla Family Medicine renewed their lease for 12,017-square-feet of medical office space located in La Cholla Medical Plaza, 6130 N. La Cholla Blvd., Suite 100 in Tucson, from HCPI / Utah, LLC.  Richard M. Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 11107 N ORACLE RD, ORO VALLEY
Denny’s leased a 5,000-square-foot restaurant property in the Steam Pump Village Shopping Center.  The selected site, 11107 N. Oracle Rd. in Oro Valley, is located just north of the First Ave. and Oracle Rd. intersection. Greg Furrier and Aaron LaPrise, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Mark Bramlett with Cushman & Wakefield, Phoenix represented the tenant.

INDUSTRIAL – 2450 W RUTHRAUFF RD., STE 190, TUCSON
Sundt Construction, Inc. leased 3,300-square-feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 190 in Tucson, from Presson Scottsdale, LLC.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

INDUSTRIAL – 930 N STONE AVE., TUCSON
Floor Polish Dance Studio leased 2,914-square-feet of industrial space, located at 930 N. Stone Ave. in Tucson, from Thomas Tucker.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1200 N EL DORADO PL., STE D-400, TUCSON
Rachel S. Stover, M.D. renewed her lease with El Dorado Ventures, LLC for 2,505-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite D-400 in Tucson. Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 4951 E GRANT RD, STE 119, TUCSON
Pho Ngan Vietnamese Restaurant leased 2,310-square-feet of retail space located in Crossroads East Shopping Center, 4951 E. Grant Rd., Suite 119 in Tucson, from Charlotte M. Machado Trust & J&C Macado Trust.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Jason Wong with Crestline Properties, LC, represented the tenant.

OFFICE – 2375 N WYATT DR, STE. 101, TUCSON
Anthony Wolter leased 2,057-square-feet of office space in Tucson Medical Park, 2375 N. Wyatt Dr., Suite 101 in Tucson, from TMC Holdings, Inc.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 7426 N LA CHOLLA BLVD., TUCSON
AMCAP Mortgage, Ltd. leased 1,867-square-feet of office space at 7426 N. La Cholla Blvd. in Tucson, from AMCCA Properties, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Bruce Suppes with CBRE, Tucson, represented the tenant.

INDUSTRIAL – 3250 S DODGE BLVD. STE 5, TUCSON
Resolute Door Services, LLC leased 1,746-square-feet of industrial space in South Dodge Business Center, 3250 S. Dodge Blvd., Suite 5 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 4664 E SPEEDWAY BLVD., TUCSON
Ginger’s Peculiar leased 1,430-square-feet of retail space located at 4664 E. Speedway Blvd. in Tucson, from RAME Family, LLC.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2910 N SWAN RD, STE. 204, TUCSON
Laughton & Laughton, PLLC leased 1,415-square-feet of office space in Plaza Palomino, 2910 N. Swan Rd., Suite 204 in Tucson, from Robertson Properties Palomino, Inc. & PNP Investments, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Phil Skillings with NAI Horizon, represented the landlord.

OFFICE – 1200 N EL DORADO PL, STE H, TUCSON
Secondary Marketing Services, LLC renewed their lease with El Dorado Ventures, LLC for 1,405-square-feet of office space located in El Dorado Square, 1200 N. El Dorado Pl., Suite H-820 in Tucson.   Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3122 N CAMPBELL AVE., TUCSON
Wingstop, renewed their lease for 1,402-square-feet of retail space located at 3122 N. Campbell Ave. in Tucson, from 3122 North Campbell Ave., LLC.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Pat Sheahan with Berry & Doye, LLC, represented the tenant

INDUSTRIAL – 3240 S DODGE BLVD, STE 4, TUCSON
Motive Energy, Inc. leased 1,400-square-feet of industrial space in South Dodge Business Center, 3240 S. Dodge Blvd., Suite 4 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3230 S DODGE BLVD., STE 7, TUCSON
520 Estate Things, LLC leased 1,349-square-feet of industrial space in South Dodge Business Center, 3230 S. Dodge Blvd., Suite 7 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 4951 E GRANT RD., TUCSON
Artisan Salon leased 1,246-square-feet of retail space in Crossroads East Shopping Center, 4951 E. Grant Rd. in Tucson, from Machado Living Trust, et al.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1684 S RESEARCH LOOP, STE 524, TUCSON
Beyond Painting, LLC leased 1,240-square-feet of industrial space in Clairemont Plaza, 1684 S. Research Loop, Suite 524 in Tucson, from Clairemont Partners, LLC.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Gordon Wagner with NAI Horizon, Tucson, represented the tenant.

INDUSTRIAL – 4901 E 29^th STREET, TUCSON
Next Gen Automotive, LLC leased 1,236-square-feet of industrial space in 29^th Street Business Park, 4901 E. 29th St. in Tucson, from Presson Corporation.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3553 S 12^th AVE., TUCSON
Ivonne E. Lucero leased 1,200-square-feet of retail space in Plaza Azteca, 3553 S. 12th Ave., Suite 133 in Tucson, from NAI Investments, LLC.  Denisse Angulo, Commercial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

OFFICE – 1200 N EL DORADO PL., STE B-250, TUCSON
Fredrick Van Hook, M.D. renewed his lease with El Dorado Ventures, LLC for 1,190-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite B-250 in Tucson.    Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 5027 E 29^th  STREET., TUCSON
Sabaku Motorsports, LLC leased 1,185-square-feet of industrial space in 29^th Street Business Park, 5027 E. 29th St. in Tucson, from Presson Corporation.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Lori Nicks with Long Realty Company, represented the tenant.

INDUSTRIAL – 4500 E SPEEDAY BLVD., STE 104, TUCSON
Faircloth Construction, LLC leased 1,067-square-feet of industrial space at Midway Business Center, 4500 E. Speedway Blvd., Suite 104 in Tucson, from Presson Midway, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 5941 E 22^nd STREET, TUCSON
Lil Chic Baby Bug Boutique leased 1,032-square-feet of retail space located at 5941 E. 22nd St. in Tucson, from HLF Properties, Inc.  Ryan McGregor and Ramiro Scavo with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5331 SOUTH 12^th AVE., TUCSON
Kenneth Cochran and Alejandra Gaona, dba Yabba Dabba Smoking Accessories, leased approximately 1,000-square-feet of retail space located at 5331 South 12th Avenue, Tucson, AZ, from Trinum Properties, LLC. Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

RETAIL- 4604 E GRANT RD, TUCSON
Michael Cohen leased 1,000-square-feet of retail space, located at 4604 E. Grant Rd. in Tucson, from HLF Properties, Inc.  Ryan McGregor and Ramiro Scavo with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1870 W PRINCE RD, STE 49, TUCSON
The Miller Family Five Corporation, dba New Pools AZ, leased 920-square-feet of industrial space in Exchange Place Business Center, 1870 W. Prince Rd., Suite 49 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3621 E 44^TH STREET, TUCSON
Trinity Air Medical, Inc. leased 900-square-feet of industrial space in South Dodge Business Center, 3621 E. 44th St., Suite 6 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3959 E SPEEDAY BLVD., STE 315, TUCSON
Lane Industries, LLC leased 844-square-feet of industrial space in Central Point Business Park, 3959 E. Speedway Blvd., Suite 315 in Tucson, from Central Point Tucson, LLC.  Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3320 S DODGE BLVD., TUCSON
Brenovations HVAC, LLC leased 611-square-feet of industrial space in South Dodge Business Center, 3320 S. Dodge Blvd. in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists, with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4099 E 22^ND STREET, TUCSON
Hospitality Staffing Solutions, LLC leased 528-square-feet of office space, located at 4099 E. 22nd St., Suite 111 in Tucson, from Rinly R. Gecosala, M.D., P.C. & Vidal Rilfa G. Living Trust.  Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

OFFICE – 1200 N EL DORADO PL., STE A-145, TUCSON
Old Pueblo Management Group, Inc. renewed their lease with El Dorado Ventures, LLC for 430-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite A-145 in Tucson. Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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PHOENIX, Ariz. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Camelback Springs, a 28-unit apartment property located in Phoenix, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $4,050,000 ($14,464 per unit).

Paul Bay, investment specialist in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.  The buyer, a limited liability company, was also procured by Paul Bay. “The sale of Camelback Springs was a prime example showing the strength of the Phoenix multifamily market and the pent-up demand which exists for first-generation value-add opportunities in “A” locations,” Bay explained. “The buyer came in with very aggressive price and terms to secure the contract.”

Camelback Springs is located at 4711 North 15 Street in East/Central Phoenix in the Camelback Corridor. The well-built and well-located property consists of four two-story buildings that are connected by roof and wrap the interior courtyard. Tenants enjoy the mature landscaping with tall trees, accent shrubbery, and a private central courtyard including a large, gated swimming pool at the center. Camelback Springs also has ample parking with covered spaces, open spaces, and open street parking.

TUCSON, AZ.– With thanks for broad individual and community support, the PICOR Charitable Foundation (“PCF”) raised and donated nearly $79,000 in its 2019 cycle, 10% more than the previous high mark. With all event costs underwritten by in-kind community partners and PICOR corporate funds, 100% of the funds raised through the 25th Annual Pancake Feed were granted to Tucson-area youth charities. PCF is especially grateful for its capstone contributor, Burton Family Foundation, who doubled their commitment in 2019.

Per tradition, PICOR employees, family members and friends of the firm cooked and served pancakes and sausages for 1,600 visitors, alongside Starbucks Arizona’s willing volunteers.

After the event, PCF’s volunteer committee reviewed 65 grant applications totaling $159,000 in funding requests and selected 42 Tucson-area programs for under served youth to receive 2019 grants.

PCF aims to reach organizations which generally receive less public support, with an emphasis on basic needs. Chosen charities support vulnerable young people with therapies, literacy, clothing, arts exposure, skill building, a path to higher education, and more. Grants ranging from $500 to $3,000 were awarded to:

Act One
Amphitheater Public Schools Foundation
Angel Heart Pajama Project (AHPP)
Arizona Friends of Foster Children Foundation
Arizona Theatre Company
Arizona Youth Partnership
Assistance League of Tucson
Autism Society of Southern Arizona (ASSA)
BICAS
Big Brothers/Big Sisters of Tucson
Candlelighters Childhood Cancer Foundation So AZ
Devereux Foundation dba Advanced Behavioral Health Arizona
Diaper Bank of Southern Arizona
Earn to Learn
Educational Enrichment Foundation
El Rio Health Center Foundation
Free Ever After International dba Masterpiece Mentorship Program
Gabriel’s Angels
Girl Scouts of Southern Arizona
Grace Hearing Center
Integrative Touch for Kids
JobPath
Jobs for Arizona’s Graduates
Keeling Elementary (Amphi School District)
Literacy Connects
Make Way for Books
More than a Bed
Our Family Services
Parent Aid Child Abuse Prevention Center, Inc.
Primavera Foundation
Project Linus
Ronald McDonald House Charities of Southern Arizona
The Salvation Army
Southern Arizona Children’s Advocacy Center
Therapeutic Riding of Tucson (TROT)
Tucson Festival of Books – Creative Arts Teen Summit
Tucson Girls Chorus
Tu Nidito Children & Family Services
YMCA of Southern Arizona
The Youth Corps of America
Youth on their Own

Three STEM-specific “Ken Nickel Memorial Grants” were matched by a $3,000 grant from Cushman & Wakefield | PICOR’s corporate support to Helen Keeling Elementary, San Miguel High School, and the Sunnyside USD Foundation.

To donate or apply for funds in our 2020 cycle, please visit www.picor.com/picor-charitable-foundation.