Phoenix Lease Report May 8-12, 2023

PHOENIX, ARIZONA (May 15, 2023) — Highlighted this week is a 13,500-square-foot retail lease to Purple Heart Desert Thrift Store handled by Kevin Roessler of Rein and Grossoehme Commercial Real Estate.

The following leases were submitted to the Real Estate Daily News from May 8-12, 2023.

RETAIL – 8TH AVENUE SHOPS, MESA
A lease for 13,500 square feet in 8th Avenue Shops to Purple Heart Desert Thrift Shop was recently consummated.  The property’s location is 840 S. Alma School Rd., in Mesa, AZ.   Kevin Roessler of Rein & Grossoehme represented the landlord.

OFFICE – 2155 E UNIVERSITY, TEMPE
A lease for 3,926 square feet at University 101 Shops to Axis Sport & Spine Chiropractic was recently consummated.  The location of the property is 2155 E. University Dr in Tempe, AZ.  The owner of the center is 2155 University, LLC. This is an expansion for Axis Sport & Spine. Jared Lively of Rein & Grossoehme CRE represented both Tenant and the Landlord on this transaction.

RETAIL – SEC GRAND AVE & 107TH AVE., SUN CITY
A lease for 3,167 square feet within Kings Inn Plaza to M+Y Home Appliance was recently consummated.  The property’s location is SEC of Grand Ave & 107th Ave in Sun City.  The owner of the center is Kings Inn of Sun City, LLC. Jared Lively of Rein & Grossoehme CRE represented the Tenant and the Landlord on this transaction.

RETAIL – 7346-7426 N 51ST AVE., GLENDALE
A lease for 800 square feet in Palm Plaza to Mi Bella XV Boutique was recently consummated.  The property’s location is 7346-7426 N. 51st Ave., in Glendale, AZ.  Kevin Roessler of Rein & Grossoehme represented the landlord and tenant.

Submit sales and leases to REDailyNews@outlook.com




Tucson Commercial Lease Report – April 17-21, 2023

TUCSON, ARIZONA, April 24, 2023 — Highlighted this week is a 22,239-square-foot industrial space at 576 E 16th St. in Tucson to The manning Group handled by Stephen D Cohen with Cushmna & Wakefield | PICOR and Jason Malcolm with Cresa of Phoenix. In renewals, Larsen Baker announces 53,041 square feet of lease activity.

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

INDUSTRIAL – 576 E 16TH STREET, TUCSON, 85701 – CENTRAL
The Manning Group, LLC, a provider of services for contract office furniture,  leased 22,239 square feet of industrial space, 576 E. 16th St. in Tucson, from SYDCO Sixteenth Street, LLC. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Jason Malcolm with Cresa, Phoenix, represented the tenant.

INDUSTRIAL – 3645 E 44TH STREET, TUCSON, 85713 – SOUTH
American Hose, LLC leased 10,800 square feet of industrial space at South Dodge Business Center, 3645 E. 44th St., in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 4261 S STATION MASTER DR, TUCSON, 85714 – SOUTH
Empire Today, LLC leased 6,437 square feet of industrial space at 4261 S. Station Master Dr. in Tucson from Broadmont Investments, LLC. Alex Demeroutis, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Tim Healy with CBRE, Tucson, represented the landlord.

OFFICE – 2819 E BROADWAY BLVD., TUCSON, 85716 – CENTRAL
Hope of Life, LLC leased 3,049 square feet of office space at 2819 E. Broadway Blvd. in Tucson from DBR Investment Properties, LLC. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 6300 E EL DORADO PLAZA #A100, TUCSON, 85715 – NORTHEAST
Instrumental Music Center leased 2,514 square feet of space at 6300 E. El Dorado Plaza, Suite A100 in Tucson, from Mountain Oyster Club, Inc. Alex Demeroutis, with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Dean Cotlow, with Cotlow Company, represented the landlord.

INDUSTRIAL – 2460 W RUTHRAUFF RD., #170-180, TUCSON, 85705 – CENTRAL
Phoenix Solar Pros LLC leased 2,400 square feet of industrial space at Ruthrauff Commerce Center, 2460 W. Ruthrauff Rd., Suite 170-180 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 177 N CHURCH AVE, #700, TUCSON, 85701 – CENTRAL
Burd Home Health, LLC leased 1,977 square feet of office space at The Transamerica Building, 177 N. Church Ave., Suite 700 in Tucson, from TA Building Corporation. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL- 3819 E EVANS BLVD., #301, TUCSON, 85714 – SOUTH
Anser Systems LLC leased 1,648 square feet of industrial space at Ajo/Evans Business Park, 3819 E. Evans Blvd., Suite 301 in Tucson, from FJM Merced Associates, LP. In this transaction, Andrew Keim and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Kyle Kilgore with NAI Horizon, Tucson, represented the tenant.

RETAIL – 3140 E FORT LOWELL RD., TUCSON, 85716 – CENTRAL
Van Huong Tran and Thi Hien Le, new owners of Rich Nails, leased 1,200 square feet of retail space at Winterhaven Square, 3140 E. Fort Lowell Rd. in Tucson, from Glover Associates, LP. Greg Furrier, Principal, Rob Tomlinson, Principal, and Natalie Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 4903 E 29TH ST., TUCSON, 85711 – EAST
Auto Glass 911 leased 1,193 square feet of industrial space at Town Central Business Park, 4903 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 in this transaction.

OFFICE – 3820 S PALO VERDE RD., #111, TUCSON, 85714 – SOUTH
Fresh Home Solutions leased 1,041 square feet of office space at Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 111 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2001 W ORANGE GROVE, #306, TUCSON, 85704 – NORTHWEST
Enlighten Medical Group, LLC leased 828 square feet of medical office space at Desert Life Medical, 2001 W Orange Grove, Suite 306 in Tucson, from Tucson Medical Office LLC. Alexis Corona and Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the Landlord in this transaction.

RENEWALS 

OFFICE – 6400 E GRANT RD., TUCSON, 85715 – NORTHEAST
BroadPath, Inc. renewed its lease with La Mirada, LLC for 21,881 square feet of office space at Courtyard Center, 6400 E. Grant Rd. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Mark Irvin with Mark Irvin Commercial Real Estate Services, LLC, represented the tenant.

OFFICE – 3210 N ORACLE RD., TUCSON, 85705 – CENTRAL
Patio Connection renewed 20,421 square feet of space and expanded into 2,864 sf at Oracle Fort Lowell Center, 3210 N. Oracle Rd, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

OFFICE – 6296 E GRANT RD., #110 & 150, TUCSON, 85712 – NORTHEAST
FISBA renewed 6,171 square feet of office space at Wilmot Professional Plaza, 6296 E Grant Rd—suites 110 & 150, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 3775 W ORANGE GROVE, TUCSON, 85741 –  NORTHWEST
Bank of the West renewed their 3,877 square feet corner retail building at Marana Marketplace, 3775 W Orange Grove Blvd., in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 2526 E GRANT RD, TUCSON, 85716 – CENTRAL
Dante’s Fire renewed their 3,052 square feet Restaurant building at 2526 E. Grant Rd, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 903-905 W PRINCE RD., TUCSON, 85705 – CENTRAL
Signarama renewed 2,660 square feet of retail space at Prince Fairview Plaza, 903-905 W Prince Rd., in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 1305 W ST. MARY’S, TUCSON, 85745 – WEST
El Herradero renewed 2,400 square feet of retail space at St Mary’s Village, 1305 W St Mary’s, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 8969 E TANQUE VERDE RD, #217 & 221, TUCSON, 85749 – NORTHEAST
Bear Canyon Pet Clinic renewed 2,400 square feet of retail space at Bear Canyon Shopping Center, 8969 E. Tanque Verde Rd, Suites 217 & 221, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

OFFICE –  NWC ORACLE & INA RD., TUCSON, 85704 – NORTHWEST
The Profit Strongpoint Mobius Partners, LLC dba NuPoint Marketing has leased a 2,156 square feet office space at Two Oracle, located Just North of the NWC of Oracle Rd. & Ina Rd.  Isaac Figueroa of Larsen Baker and Rick Volk of The Volk Company represented the Landlord.

RETAIL – 2241 E FRY BLVD., SIERRA VISTA, AZ, 85635 – COCHISE COUNTY
LabCorp renewed 1,800 square feet at Cochise Plaza, 2241 E Fry Blvd., in Sierra Vista, AZ. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

OFFICE – 1055 N LA CANADA DR, #129, GREEN VALLEY, AZ, 85614 – SOUTH
Hanger Prosthetics & Orthotics West, Inc. renewed their lease with NWI Green Valley MOB LP for 1,668 square feet of office space at Green Valley Medical Mall, 1055 N. La Canada Dr., Suite 129 in Green Valley. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Hank Amos, with Tucson Realty & Trust Co., represented the tenant.

RETAIL – 909 W PRINCE RD., TUCSON, 85705 – CENTRAL
H&R Block renewed 1,450 square feet of office/retail space at Prince Fairview Plaza, 909 W Prince Rd., in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

INDUSTRIAL – 1870 W PRINCE RD., #A-6, TUCSON, 85705 – CENTRAL
AAAA Driving School Corporation renewed its lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite A-6 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5420 E BROADWAY BLVD., #240, TUCSON, 85711 – EAST
Southern Arizona Water Color Guild renewed 1,365 square feet of retail space at Plaza at William’s Center, 5420 E. Broadway Blvd, Suite 240, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

INDUSTRIAL – 4500 E SPEEDWAY BLVD., #95,  TUCSON, 85712 – NORTHEAST
Always Open & Shut Garage Door Services LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 95, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – NEC ORANGE GROVE & THORNYDALE, #128, MARANA, 85741 – NW
Raw Smoke Shop has leased 1,200 square feet of space, Suite 128, at Marana Mercado, located on the NE corner of Orange Grove Rd. & Thornydale Rd. The Premises will be used as a smoke shop with tobacco and vape products. Elaina Elliot and Isaac Figueroa represented the Landlord, Larsen Baker, and handled the transaction.

INDUSTRIAL – 1870 W PRINCE RD., #56, TUCSON, 85705 – CENTRAL
FPG Arizona, LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite 56 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL / FLEX- 140 S CAMINO SECO BLVD., #418, TUCSON, 85710 – EAST
White Top renewed 1,000 square feet of flex space at Camino Seco Business Park, 140 S Camino Seco Blvd., Suite 418, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

INDUSTRIAL / FLEX – 140 S CAMINO SECO BLVD., TUCSON, 85710 – EAST
Purple Rhino renewed 1,000 square feet of flex space at Camino Seco Business Park, 140 S Camino Seco Blvd., in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

RETAIL – 3400 E SPEEDWAY BLVD., #204, TUCSON, 85716 – CENTRAL
Awam Tibetan Institute renewed 880 square feet of retail space at Rancho Center, 3400 E Speedway, Suite 204, in Tucson. Elaina Elliott and Isaac Figueroa handled the transaction on behalf of the landlord, an affiliate of Larsen Baker.

INDUSTRIAL – 2430 W RUTHRAUFF RD., #126, TUCSON, 85705 – CENTRAL
Man Cave Collectibles, Inc. renewed its lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 126 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR represented the landlord in this transaction.

Submit sales and leases to REDailyNews@outlook.com

 

 

 




Tucson Commercial Lease Report April 10-14, 2023

TUCSON, ARIZONA, April 17, 2023 — Highlighted this week is a 33,535-square-foot industrial contractor’s yard by Ajay Madhvani to Fluid Truck at 1679 N Halron Ct. in Tucson.

The following leases were reported to Real Estate Daily News from April 10-14, 2023

INDUSTRIAL- 1679 N HALRON CT., TUCSON 85705
A 33,535 square-foot contractor’s yard at 1679 N Halron Court, Tucson, was leased to Fluid Truck by Ajay Madhvani, the landlord and handled the transaction. Zoned I-1, the property featured a fenced and graveled yard with sliding gate and curb cut. Near I-10, Speedway Blvd and Grant Road.

INDUSTRIAL – 3440 E BRITANNIA DR., TUCSON 85706, South
Goodwill Industries of Southern Arizona Inc. leased 26,691 square feet of industrial space at Britannia Business Center, 3440 E. Britannia Dr., units 150 & 160 in Tucson, from Britannia Tucson, LLC. Jesse Blum, Principal, Alex Demeroutis, and Bryce Horner with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3805 E RIVER RD., TUCSON 85741, Northwest
Petland has leased 4,368 square feet at 3805 E River Rd, Suite 101, in Tucson, AZ, also known as The Shoppes at Orange Grove.  Isaac Figueroa with Larsen Baker represented the Landlord and handled this transaction.

INDUSTRIAL – 3710 S PARK AVE., TUCSON 85713, South
Edward Urias dba Money’s Barber Suites leased 1,269 square feet of industrial space at Gateway Industrial Park, 3710 S. Park Ave., Suite 706 in Tucson, from CRE Higley Park, LLC. Batoun Herrington, CCIM, CPM®, President, of Branel Real Estate Company, LLC, represented the landlord in this transaction.

RETAIL – BROADWAY VILLAGE SHOPPING CENTER  85716, Central
Torano Family Wines, LLC has signed a lease for 892 square feet located at 14 S. Eastbourne Avenue, Tucson, AZ in the Broadway Village shopping center located at the southwest corner of Broadway Road and Country Club Road. A. Torano Wines will use the new space for a wine tasting room and the sale of their award-winning wines among other wines and other products. The new tasting room is estimated to open August 1, 2023.  Craig Finfrock of Commercial Retail Advisors, LLC, represented the Landlord, CRI Broadway Village Partners, LLC, and Michael Coretz, of Commercial Real Estate Group of Tucson, represented the tenant.

RENEWALS
INDUSTRIAL – 2901 E ELVIRA RD., TUCSON 85756, South
Tesla Motors, Inc. renewed their lease with H&A REALTY, LLC for 24,000 square feet of industrial space at Tucson Airport Center, 2901 E. Elvira Rd., Suites A-2 & A-3 in Tucson. Jesse Blum, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. John Grady with CBRE, Phoenix, represented the tenant.

OFFICE – 4920 – 4928 E SPEEDWAY BLVD., TUCSON 85712, Northeast
Hanger Prosthetics and Orthodontics, Inc renewed their lease with James L Davenport, Sr. for 8,400 square feet of office space at 4920-4928 E. Speedway in Tucson. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, and Daniel Rasmussen with Cushman & Wakefield, Washington, DC, represented the tenant in this transaction. Pat Welchert with Alpha Commercial Real Estate Services represented the landlord.

OFFICE – 2 E CONGRESS, TUCSON 85701, Central
Kittelson & Associates, Inc. renewed their lease with Two East Congress, LLC for 1,945 square feet of office space at The Chase Building, 2 E. Congress St., Suite 705 in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, with Thomas Usher, Matthew Johnson, Douglas Deurwaarder and Mark Carnese with Cushman & Wakefield of Oregon, Inc., represented the tenant in this transaction.

OFFICE – 2800 E COMMERCE CENTER PLACE 85706, South
Intuit Inc. renewed their lease with Hidden Willows, LP at 2800 E. Commerce Center Place in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Keith Lammersen and Paul Bryant with Jones Lang LaSalle Americas, Inc., represented the tenant.

Submit sales and leases to REDailyNews@outlook.com.