Tucson Commercial Lease Report July 17-21, 2023

TUCSON, ARIZONA, July 24, 2023 — Highlighted this week is a new 66,768-square-feet industrial lease at 3760 N Commerce in Tucson handled by Stephen Cohen with Cushman & Wakefield | PICOR and Clint Buckelew with Buckelew Realty.

The following leases were reported to Real Estate Daily News from July 17-21, 2023

INDUSTRIAL – 3760 N COMMERCE DR, TUCSON, 85705, Central
Marsden Services, LLC leased 66,768 square feet of industrial space at 3760 N. Commerce Dr., in Tucson, from North Tucson, LLC. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Clint Buckelew with Buckelew Realty represented the tenant.

INDUSTRIAL – 2045 N FORBES BLVD., #102-104, TUCSON, 85745, West 
Kuumba Made, Inc. renewed and expanded its lease with Pegasus Tucson Owner LLC for a combined 18,160 square feet of industrial space at Broadbent Business Center, 2045 N. Forbes Blvd., Suite 102 and 102A-104 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. David Volk with Volk Company represented the tenant.

RETAIL – 565 E WETMORE RD., TUCSON, 85705, Central 
Larsen Baker is pleased to announce that La Botana Mexican Grill leased 2,600 square feet at Tucson Place Shopping Center, 565 E Wetmore Rd, Tucson, AZ 85705, in the Wal-Mart / Best Buy anchored power center. The building is the former Applebee’s restaurant located on the pad along Wetmore. Larsen Baker adapted the 4,400 SF building into two suites; one side is the Church’s Chicken with Drive through, La Botana now occupies the other half.  Isaac Figueroa with Larsen Basker represented the landlord, and Craig Finfrock with Commercial Retail Advisors represented the tenant.

INDUSTRIAL – 4945 & 4947 E 29TH ST., TUCSON, 85711, East
Emergency Medical Services University LLC leased 2,400 square feet of industrial space at Town Central Business Park, 4945 & 4947 E. 29th St. in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Tyson Breinholt with J & J Commercial Properties, Inc., and David Schmidt with The Schmidt Group, represented the tenant.

OFFICE – 4500 E SPEEDWAY BLVD., TUCSON, 85712, Northeast
MD Office Solutions renewed its lease with Pegasus Tucson Owner LLC for 2,134 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 106 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 923 W PRINCE RD., TUCSON, 85705, Central
Larsen Baker is pleased to announce that Elegant Creations has leased 2,000 square feet at Prince Fairview Shopping Center. The plaza is located at 923 W Prince Rd. Elegant Creations brings a much needed quinceañera supply store to the area. They will sell quinceañera style dresses and party supplies, and other products. Isaac Figueroa represented the Landlord, Larsen Baker, and handled the transaction.

INDUSTRIAL – 160 W ROGER RD, #105, TUCSON, 85705, Central
Formula 21 Autoglass LLC leased 1,594 square feet of industrial space at Roger at Oracle Business Center, 160 W. Roger Rd., Suite 105 in Tucson, from Bloomfield Capital, LLC. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Nina Marvcesim and Johana Castillo, with Realty Executives Arizona Territory, represented the tenant.

INDUSTRIAL – 3631 E 44TH ST, #175, TUCSON, 85713, South
Official Fabrication, LLC leased 1,441 square feet of industrial space at South Dodge Business Center, 3631 E. 44th St., Suite 175 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – SOL BLOCK, BROADWAY & TUCSON BLVD., TUCSON, 85719, Central
Larsen Baker is pleased to announce that Studio Hair Artistry by K & Co. has pre-leased 1,428 square feet at its Sol Block project on Broadway east of Tucson Blvd. Studio Hair will provide salon services and the sale of related products. Isaac Figueroa with Larsen Baker represented the Landlord and handled the transaction.

RETAIL – MARANA MERCADO, NEC ORANGE GROVE & THORNYDALE, MARANA, 85741, Northwest
Larsen Baker is pleased to announce that a Massage Studio has leased 1,200-square-foot space, Suite 128, at Marana Mercado, located on the NE corner of Orange Grove Rd. & Thornydale Rd. The center is now fully leased.  Elaina Elliot and Isaac Figueroa represented the Landlord, Larsen Baker, and handled the transaction.

INDUSTRIAL – 1870 W PRINCE RD., #55, TUCSON, 85705, Central
Puragain Water NV Inc. leased 1,200 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite 55 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 1710 W VALENCIA RD., #120, TUCSON, 85746, West
Jersey Mike’s leased 1,200 square feet of retail space at Midvale Plaza, 1710 W. Valencia Rd., Suite 120 in Tucson, from HAM Midvale, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Mike Leonard with Catalyst Commercial Group represented the tenant.

INDUSTRIAL – 4917 E 29TH ST., TUCSON, 85711, East 
Pro REO Services LLC leased 1,200 square feet of industrial space at Town Central Business Park, 4917 E. 29th St. in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 7670 E BROADWAY BLVD., TUCSON, 85710, East   
Project Solutions, Inc. leased 804 square feet of office space at Offices On The Loop, 7670 E. Broadway Blvd., Suite 202 in Tucson, from Tucson Portfolio 8, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant. Jon O’Shea represented the landlord with Vast Commercial Real Estate Solutions, LLC.

RETAIL – 800 N SWAN RD, #124, TUCSON, 85711, East
The Rare Collective leased 727 square feet of retail space at 800 N. Swan Rd., Suite 124 in Tucson, from Lerdal 800, LLC. Natalie Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. James Buchanan, with Chapman Management, represented the landlord.

INDUSTRIAL – 2430 W RUTHRAUFF RD., #134, TUCSON, 85705, Central 
Optimal Manufacturing and Quiroz Metalworks leased 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 134 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 2410 W RUTHRAUFF RD., #L, TUCSON, 85705, Central
RNS Real Estate, Inc. leased 160 square feet of office space at Ruthrauff Commerce Center, 2410 W. Ruthrauff Rd., Suite L in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

INDUSTRIAL – 3400 E BRITANNIA DR., TUCSON, 85706, South
Paragon Space Development Corporation renewed their lease with Britannia Business Center, LLC for 58,115 square feet of industrial space at Britannia Business Center, 3400 E. Britannia Dr. in Tucson. Jesse Blum, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented both parties.

INDUSTRIAL – 3635 E 34TH ST., TUCSON, 85713, South
GrowersHouse, L.L.C. renewed their lease with AP&D Investments, LLP for 36,212 square feet of industrial space at 3635 E. 34th St. in Tucson. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 2460 W RUTHRAUFF RD., #190-194, TUCSON, 85705, Central
Diane Williams and Ronald William Williams renewed their lease with Pegasus Tucson Owner LLC for 3,300 square feet of industrial space at Ruthrauff Commerce Center, 2460 W. Ruthrauff Rd., Suite 190-194 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3601 E 44TH ST., #106, TUCSON, 85713, South 
Bella Luna Beverages LLC renewed its lease with Pegasus Tucson Owner LLC for 1,800 square feet of industrial space at South Dodge Business Center, 3601 E. 44th St., Suite 106 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 5013 E 29TH ST., TUCSON, 85711, East
Verdugo’s Concrete & Pool Design LLC renewed their lease with Pegasus Tucson Owner LLC for 1,000 square feet of industrial space at Town Central Business Park, 5013 E. 29th St. in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected].

 




Industrial, office, and land sales totaling $8.7M highlight recent deals by NAI Horizon brokers

712 S. Hacienda Drive, Tempe, AZ

PHOENIX, ARIZONA (July 24, 2023) – Six sales that include industrial buildings, an office, and land highlight recent transactions closed by NAI Horizon professionals. The sales total more than $8.7 million.

Sale Transactions:

Mark Wilcke and Larson Wilcke negotiated the sale of a 16,140 SF multi-tenant industrial building for $3.2 million, representing the seller, JRJ Hacienda, LLC. The property is located at 712 S. Hacienda Drive, Tempe, Arizona. The buyer, Clear Sky Acquisitions, LLC, was self-represented.

Chris Gerow, Gabe Ortega and Shelby Tworek negotiated the sale of 2.77 acres for $2.25 million, representing the seller, Bell Road and 303, LLC. The property is located at 16531 W. Bell Road, Surprise, AZ. The buyer, Thrive Real Estate Holdings, LLC, was self-represented.

Jeff Adams negotiated the sale of a 6,140 SF industrial building for $1.2 million, representing the seller, Investment Property Exchange Services, Inc. The property is located at 1545 N. McQueen Road, Gilbert, AZ. The buyer, Old Republic Exchange Co., was represented by Todd Hamilton & Adam Shteir with City Wide Commercial Real Estate.

Michael Myrick negotiated the sale of a 3,900 SF office building for $675,000, representing the buyer, Gustavo Gonzalez-Gustavo Gonzalez Rentals, LLC. The property is located at 2375 W. Broadway Road, Mesa, AZ. The seller, Michael Dragon-Dragon Family Enterprises, was represented by Juan Cabrera, Business Broker of Arizona.

Troy Giammarco and Joe Pequeno negotiated the sale of a 3,105 SF industrial building for $625,000, representing the seller, Nawa Family Trust. The property is located at 9299 W. Olive Ave., Glendale, AZ. The buyer, LV 209 Olive, LLC, was represented by Jonathan Levy with SVN.

Mark Wilcke negotiated the sale of a .863-acre industrial lot for $757,500, representing the seller, Fiesta 18, LLC. The property is located at 1376 W. Guadalupe Road, Gilbert, Arizona. The buyer, Phoenix EV Holdings II, LLC, was represented by Alex Wentis with CBRE.

Lease Transactions:

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, SIMONCRE CSH II, LLC, in a 120-month retail lease for 12,016 SF at 1142 E. Southern Ave., Mesa, AZ. The tenant, Five Below, Inc., was represented by Dan Gardiner with Phoenix Commercial Advisors.

Isy Sonabend and Drew Eisen represented the US Med-Equip, LLC tenant in an 85-month industrial lease for 12,480 SF at 808 W. Geneva Drive, Tempe, AZ. The landlord, EastGroup Properties, L.P. was represented by Shawn Dooley with Ross Brown Partners.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Queen Creek Fiesta, LLC, & JW Duke Enterprises, LLC, in a 60-month retail lease for 1,891 SF at 44460 W. Edison Road, Maricopa, AZ. The tenant, Clarence Z. Fisher and LaQuinta Marie Fisher were self-represented.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, The Vanderhout Family Limited Partnership, in a 60-month office lease for 1,664 SF at 10679 N. Frank Lloyd Wright Blvd., Scottsdale, AZ. The tenant, Joliet Aesthetics, LLC, was represented by Phillip Wurth with Colliers International.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord, Dove Valley, LLC, in a 63-month retail lease for 2,261 SF at 4705 E. Carefree Highway, Cave Creek, AZ. The tenant, Tangles Salon and Boutique, LLC, was self-represented.

Submit sales an leases to [email protected].




MicroStar Logistics Expands Network of Keg and Pallet Quality Centers With New Tucson, Arizona Facility

TUCSON, Ariz., July 24, 2023 – MicroStar Logistics has expanded its investments in quality services for the beer industry with a commitment to build a new Keg and Pallet Quality Services Center in Tucson, Arizona. The ~270,000 square foot facility adds to MicroStar’s industry-leading repair and maintenance capabilities in order to service millions of kegs and new, reusable pallets each year, benefiting its customers ranging from small craft brewers to the largest individual brewery in the world.

Approximately 200 quality professionals will operate the new facility and feature a range of first-of-its-kind equipment, including one of the largest, most sophisticated pallet cleaning lines in the world. MicroStar also operates a network of other facilities across the country enabling the company to efficiently repair and maintain its fleet of over 6 million kegs. To see video highlights of MicroStar’s quality capabilities, click here.

“This state-of-the-art facility further supports the beer industry’s commitment to quality,” said Glen Opp, MicroStar’s Chief Operating Officer and President of MicroStar’s Network Services Division. “For over 40 years our Quality Services teams have fine tuned a remarkable set of tools and techniques to keep kegs looking and working like new while extending the life of these valuable assets. Now in Tucson we are leveraging this expertise to manage, clean and maintain the highest-quality fleet of reusable pallets. We are working with the top equipment manufacturers to expand on our tried-and-true processes, and also pioneer new technologies – robotics, vision inspection systems, sustainable water reclamation systems and more – strengthening our position as a high-performing extension of our brewers’ operations.”

The new MicroStar facility will provide approximately 200 new jobs, and significant economic impact to the Southern Arizona region. Positions include operations, production, quality control, logistics, management, and other positions. MicroStar is in the process of securing 20 acres for the new 270,000 square-foot building at the Rita Ranch Commerce Center in Tucson.

Project partners include Arizona Commerce Authority, Sun Corridor Inc., Pima County, City of Tucson, Diamond Ventures and Keyser.

“Pima County is pleased to announce that MicroStar Logistics will be joining the Pima County business community. With its exceptional capital investment and a large number of jobs across multiple different disciplines, MicroStar is a welcome addition. We are prepared to assist with MicroStar’s workforce development needs, and look forward to having it as part of the Pima County business community,” said Sharon Bronson, Pima County Supervisor, District 3.

“I look forward to welcoming MicroStar to Tucson,” said Tucson Mayor Regina Romero. “Their mission of creating a circular economy aligns with the City of Tucson’s Zero Waste Goals. Tucson is leading in becoming a more sustainable, resilient, desert city and MicroStar is a welcome partner to our ongoing efforts.”

“We thank MicroStar for its confidence and investment in Tucson and Southern Arizona. Our CEOs across the region stand ready to assist them and look forward to the company’s long-term prosperity here in the Tucson region,” said Susan Gray, president & CEO, Tucson Electric Power.

“In recent years, big names have bet on Tucson for logistics operations, including Target.com, Amazon, Home Depot and HomeGoods. As COVID-induced supply chain disruptions prompt companies to rethink their logistics networks, Tucson continues to be a strong option as a strategic logistics hub,” said Joe Snell, president & CEO, Sun Corridor Inc.

“We are excited to welcome Microstar’s world-class supply chain operations to Tucson,” said Sandra Watson, president and CEO of the Arizona Commerce Authority. “This advanced facility furthers Southern Arizona’s reputation as a premier logistics destination, while adding hundreds of jobs to the region.”

Founded in 1996, MicroStar Logistics is the world’s leading provider of circular, outsourced supply chain solutions for the beer industry. MicroStar’s highly efficient and sustainable shared keg programs now include over 6 million stainless steel kegs (MicroStar-branded kegs in the US and Kegstar-branded kegs internationally). Its Network Services Division manages reusable assets including returnable plastic pallets. Its Quality Services division extends the life of reusable assets making the most efficient use of finite resources. Visit  MicroStarLogistics.com or Kegstar.com to learn more