Tucson Commercial Lease Report October 23-27, 2023

TUCSON, ARIZONA, October 30, 2023, — Highlighted this week is a 33,311-square-foot industrial lease to Artisan Design Group Investments at Tucson Airport Distribution Center, handled by Jesse Blum, Principal, Alex Demeroutis, Robert C. Glaser, SIOR, CCIM, and Beau Kaleel with Cushman & Wakefield | PICOR.

The following leases were reported to Real Estate Daily News from October 23-27, 2023.

INDUSTRIAL – 6855 S LISA FRANK AVE., TUCSON, 85756 – Central Submarket
Artisan Design Group Investments, LLC, leased 33,311 square feet of industrial space at Tucson Airport Distribution Center, 6855 S. Lisa Frank Ave., Suite A in Tucson, from Schnitzer Properties, LLC. Jesse Blum, Principal, Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, and Beau Kaleel with Cushman & Wakefield, Houston, represented the tenant.

INDUSTRIAL – 3450 S BROADMONT DR., TUCSON, 85713 – South Submarket
Traxda LLC renewed its lease with Tin Cup Properties, LLC for 9,340 square feet of industrial space at 3450 S. Broadmont Dr., Suite 128 in Tucson. Paul Hooker, SIOR, Principal, Jesse Blum, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4700 S PARK AVE., TUCSON, 85714 – South Submarket
Telt Ventures, LLC dba 1Solar leased 5,250 square feet at 4700 S. Park Avenue.  David Blanchette, CCIM, and Harry Law with NAI Horizon handled this transaction.

RETAIL – 2854 E 22ND STREET, TUCSON, 85713 – South Submarket
Rebecca Appliances, LLC leased 4,354 square feet of retail space at 2854 E. 22nd St. in Tucson from Mamie T. Wong. They will specialize in the repair and sale of refurbished appliances. Andy Seleznov, CCIM, Retail Specialist with Cushman & Wakefield | PICOR, represented both parties.

RETAIL – 3611 W INA ROAD, TUCSON, 85741 – Northwest Submarket
Klipper Automotive leased 1,524 square feet at 3611 W. Ina Road at the North Pima Center.  Dave Dutson with NAI Horizon handled this transaction.

RETAIL – 5921 E 22ND ST., TUCSON, 85711 – East Submarket
Yuan Spa Massage leased 1,250 square feet of retail space at 5921 E. 22nd St. in Tucson, from H.L.F. Properties, Inc. Andy Seleznov, CCIM, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Cameron Casey with Oxford Realty Advisors represented the tenant.

RETAIL – 6878 E SUNRISE DR, TUCSON, 85750 – Northeast Submarket
Blue Ice Gelato, LLC renewed their lease with EREP Ventana II, LLC for 1,200 square feet of retail space at Ventana Village Shopping Center, 6878 E. Sunrise Dr. #140 in Tucson. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 1955 W GRANT RD., TUCSON, 85745 – West Submarket
ITC Personal In-Home Care LLC leased 189 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Executive Suite 125-E in Tucson, from WestGrant Investors, LLC. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

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Long-term retail leases lead the way in deals closed by NAI Horizon agents

PHOENIX, ARIZONA (Oct. 30, 2023) – Retail leases led the way as NAI Horizon professionals represented landlords and tenants in helping businesses such as a hearing aid service, fitness facility, and dollar store open their doors.

Lease Transactions:

Gabe Ortega, Chris Gerow and Shelby Tworek represented the landlord, SIMONCRE CSH II, LLC, in a 120-month retail lease for 8,238 SF at 1142 E. Southern Ave., Mesa, AZ. The tenant, Dollar Tree Stores, Inc., was self-represented.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the tenant, Grusecki Audiology & Hearing Aid Services, LLC, in a 123-month retail lease for 3,000 SF at 12133 W. Bell Road, Surprise, AZ. The landlords, K&L Properties, LLC and KL Alexander Properties, LLC were represented by Sandra Griggs with Realty One Group.

Cole Neville and Lane Neville represented the tenant, Red Star Vapor, in a 120-month retail lease for 1,060 SF at 35 E. Warner Road, Gilbert, AZ. The landlord, Gilbert Warner, LLC, was represented by Brent Mallonee with Cushman & Wakefield.

Chris Gerow, Shelby Tworek and Gabe Ortega represented the landlord Grace Power & McKellips Retail, LLC in a 60-month retail lease at 1909 N. Power Road, Mesa, AZ. The tenant, OHM Fitness, was represented by Courtney Auther Van Loo with Phoenix Commercial Advisors.

Matt Harper, CCIM, represented the landlord, Ed Rapee Living Trust, in a 30-month retail lease for 6,500 SF at 4031 N. 24th St., Phoenix, AZ. The tenant, Collectors Marketplace, LLC was self-represented.

Kevin Higgins, represented the landlord, Bogle Family Realty, in a 60-month office lease for 784 SF at 7227 N. 16th Street, Phoenix, AZ. The tenant, First Appraisal Services was self-represented.

Matt Harper, CCIM, represented the landlord, Allen H. G. Cheung and Diana S.K. Cheung Living Trust, in a 36-month retail lease for 1,200 SF at 8115 N. 19th Ave., Phoenix, AZ. The tenant, Nathan To and Trinh N. Nguyen, were self-represented.

Matt Harper, CCIM and Thomas Bean, CCIM, represented the landlord, California Asset Portfolio, Inc., in a 39-month retail lease for 1,500 SF at 1437 E. Main St., Mesa, AZ. The tenants, Hector R. Ortiz and Veronica P. Ortiz, were self-represented.

Matt Harper, CCIM, represented the landlord, MAZ Northern Plaza, LLC, in a 36-month retail lease for 1,000 SF at 5008 W. Northern Ave., Glendale, AZ. The tenant, Odeta Mbabazi Gaie and Furaha Cetoute, were represented by Mike Lizanich with Silverado Development Inc.




Innovative Cybersecurity Startup Wins Sponsored Entry Into University of Arizona Center for Innovation

TUCSON, ARIZ., October 30, 2023 — The University of Arizona Center for Innovation (UACI) is pleased to announce one winning startup of the UACI Sponsored Launch program fueled by City of Sierra Vista and the Southeastern Arizona Chamber Foundation. Southern Arizona based company Port 194 will receive one sponsored year of admission into the UACI incubation program thanks to the generous financial support of the Sierra Vista sponsors. Program entrance includes resources, services and expert guidance to grow a business.

Port 194 provides custom tools, training, and analysis specializing in big data geolocation and visualization.

UACI provides the people, programming and places needed to scale a business.  Access to UACI grants the winning startup with support through a structured 27-point program roadmap. Entrepreneurs have a direct line to UACI’s mentors and subject matter experts who guide them in turning their idea into a product.

“The City of Sierra Vista is excited to sponsor our first business, Port 194, in the UACI Incubator, adding to the entrepreneurial ecosystem in the city. Our partnership with the Chamber Foundation, SVIDA, and UACI will make significant contributions to improve our economy through growing our local tech-based businesses,” said Tony Boone, Tourism and Economic Development Director City of Sierra Vista.

“Partnerships propel business. The Southeastern Arizona Chamber Foundation’s partnership with UACI, the City of Sierra Vista, and the Sierra Vista Industrial Development Authority via Sponsored Launch represents the convergence of innovative ideas and strategic partnership. Our region, in Southeastern Arizona, is science and tech based. Port 194 offers forward-thinking technology to support other businesses which ensures they are working directly with valid and ethical companies worldwide. We stand in support of Port 194 and we’re eager to see their growth,” said Melany Edwards-Barton, CEO, Southeastern Arizona Chamber Foundation.

The winning startup was selected because of their work on solutions for real-world problems and for their desire to make a significant difference in the local and global communities through innovation.

UACI collaborates with community organizations to provide sponsored support into the incubator network through a competitive process.  Applications were reviewed by a panel of community champions and the winner was selected by the following panel of judges:

  • Dean Gary Packard, Dean of College of Applied Science and Technology, University of Arizona
  • Jennifer Sorenson, Publisher, Herald/Review Media
  • Jay Williamson, President and CEO, American Southwest Credit Union
  • Vanessa Laurin, Owner, Tell Mama Lounge

Sponsored Launch was created to offset the cost of starting a business to provide more opportunities for startups to successfully launch into the marketplace, while also raising community awareness around the importance of providing support for entrepreneurs at the local level. Sponsored Launch provides a platform for organizations and municipalities to invest in small businesses while also receiving acknowledgement of their goodwill. This unique collaboration between the incubator and community elevates impact by expanding offerings and stretching resources out to the community.

PHOTO: Tony Boone, Tourism and Economic Development Director City of Sierra Vista; John McCary, Founder Port 194; Melany Edwards-Barton, CEO, Southeastern Arizona Chamber Foundation.