Tucson Lease Report Feb. 29 – March 4, 2016

Tucson courthouse 200x150The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from February 29 thru March 4, 2016.

RETAIL – 6237 E. 22nd STREET, TUCSON
Factory Motor Parts leased 16,000-square-feet at 6237 E. 22nd Street in Tucson to was recently consummated.  Sandy Alter of Rein & Grossoehme Commercial Real Estate represented the owner and Steve Cohen of Picor represented the tenant.  Rein & Grossoehme specializes in the sale of investment properties and retail, office and industrial leasing. [mepr-show rules=”58038″]Tenant Phone: 520.740.1014[/mepr-show]

OFFICE – 6377 E. TANQUE VERDE RD., TUCSON
KML Enterprises Career Development, LLC, dba NH Learning Group, leased 6,074-square-feet of office space in Tri Pointe Plaza, 6377 E. Tanque Verde Rd., Suites 200 & 240 in Tucson from CSFB 2005-C3 Tanque Verde, LLC.  Rick Kleiner, MBA, and Isaac Figueroa, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Eric Walker with Cresa Phoenix, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR Full Service, Tenant Phone: 520.290.5200[/mepr-show]

RETAIL – 2972 N CAMPBELL AVE., TUCSON
Regency Senior Club, LLC has leased 5,970-square-feet at 2972 N. Campbell Ave., Campbell Plaza,  from  Campbell Plaza Two, LLC (Landlord).  A high-end senior adult daycare to service the senior community.  Lori Casey of Oxford Realty Advisors represented the Tenant and Nancy McClure of CBRE represented the Landlord in the transaction.

RETAIL – 8351 E. BROADWAY BLVD., TUCSON
JKAY, LLC, dba Crossfit Factotum, leased 4,000-square-feet at 8351 E. Broadway Blvd., Suite 111 in Tucson from Little Group, LLC.  Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Michael Laatsch with CBRE, Inc, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.75 SF/MO Modified Gross[/mepr-show]

OFFICE – 1627 W. GRANT RD., TUCSON
Muscular Dystrophy Association leased 3,600-square-feet at 1627 W. Grant Rd. in Tucson from Rodgers Hoge Partners.   Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord and Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE- 2802 N ALVERNON WAY., TUCSON
Life Cycles Arizona, an Independent Counseling Agency that provides Trauma Informed Care to adults through a variety of therapeutic services, leased 3,000-square-feet of office space at Plaza Encanta, 2802 N Alvernon Way, Suite 100, Tucson.  Dianna Dessy with Anthem Equity Group represented the landlord and Tari Auletta with Keller Williams in Tucson represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $17.00 Sf/YR Full Service; Tenant Phone: 520.207.2141[/mepr-show]

INDUSTRIAL – 6906 N. CAMINO MARTIN, MARANA
D & D Distribution, Inc. leased 2,700-square-feet in Old West Business Park, 6906 N. Camino Martin, Suites 140-150 in Marana, AZ., from Acorn Ventures, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4400 E. BROADWAY BLVD., TUCSON
The Law Office of Lisa C. McNorton, PC, leased approximately 2,514-square-feet of office space located at 4400 E. Broadway Blvd., Suite 602, Tucson, Arizona, from 4400 Broadway, LLC.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord and Brandon Rodgers of Picor Commercial Real Estate Services represented the Tenant in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.327.3122[/mepr-show]

RETAIL – 1835 S. ALVERNON WAY, TUCSON
PharmCareUSA of Phoenix, LLC leased 2,147-square-feet in Midpoint Business Plaza at 1835 S. Alvernon Way, Suite 202 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Debbie Heslop with Volk Company, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.65 SF/MO Modified Gross[/mepr-show]

RETAIL – 715 E Wetmore Rd., Tucson
Starbucks Coffee Company has leased a 2,000-square-feet space at Riverfront Village, located just north of the NE corner of First Ave. and Wetmore Rd. Starbucks Coffee Company sells coffee, teas, blended beverages, baked goods and desserts. They are scheduled to open for business October 2016. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Greg Furrier, of PICOR/Cushman & Wakefield, represented the Tenant. [mepr-show rules=”58038″]Asking lease rate: $15.00 -$35.00 SF/YR NNN[/mepr-show]

RETAIL – ST. MARY’S PLAZA, TUCSON
LB Tucson Restaurant Company leased 1,936-square-feet within Saint Mary’s Plaza. The tenant plans to open a Los Betos Mexican food restaurant in the center, which is anchored by Safeway and Dollar Tree. Dave Hammack and Rick Borane of Volk Company represented the landlord Tucson St. Mary’s Plaza, LLC.

OFFICE – 5700 E. PIMA ST., TUCSON
Skyline Direct Care, MD, PLLC leased 1,574-square-feet of office space at 5700 E. Pima St., Suite 1 in Tucson from 2222 Craycroft, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and Aubrey Finkelstein with Vast Real Estate Solutions, represented the landlord in this transaction.

INDUSTRIAL – 6894 N. CAMONO MARTIN, MARANA
ArmorPoxy Concrete Coatings, LLC leased 1,500-square-feet in Old West Business Park, 6894 N. Camino Martin, Suite 100 in Marana, AZ., from Camino Martin Partners II, LLC.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord and John Hamner with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.272.0227[/mepr-show]

INDUSTRIAL – 850 E. OHIO ST., TUCSON
Jamie Mata Martinez leased 1,390-square-feet at 850 E. Ohio St., Suite 4 in Tucson from RRL, Inc.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.47 SF/MO Modified Gross[/mepr-show]

RETAIL – 3400 E. SPEEDWAY BLVD., TUCSON
Severns Owens Concepts, LLC dba Sew Hip leased 1,363-square-feet at 3400 East Speedway Boulevard, Suite 120. The space is located within Rancho Center, which is anchored by Whole Foods, Bookmans Sports Exchange, Mattress Firm, and Performance Bikes. Esther Empens of Tierra Antigua Realty represented the Tenant. Debbie Heslop, CCIM, of Volk Company represented the landlord, Rancho Center, LLC.

OFFICE – 1200 N. EL DORADO PL., TUCSON
El Dorado Surgery Center, LP renewed their lease for 1,234-square-feet in El Dorado Square, 1200 N. El Dorado Pl., Suite F-620 in Tucson from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.90 SF/YR Full Service; Tenant Phone: 520.731.5500[/mepr-show]

INDUSTRIAL – 3755 E. 34th ST., TUCSON
NuSurface Arizona Operations, LLC leased 1,200-square-feet at 3755 E. 34th St., Suite 107 in Tucson from Rodgers Investment Fund, II, LP.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 – $0.65 SF/MO Modified Gross; Tenant Phone: 480.540.0215[/mepr-show]

OFFICE – 1200 N. EL DORADO PL., TUCSON
Frederick Van Hook, MD renewed his lease for 1,190-square-feet in El Dorado Square, 1200 N. El Dorado Pl., Suite B-250 in Tucson from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.90 SF/YR Full Service, Tenant Phone: 520.731.1191[/mepr-show]

RETAIL – CRAYCROFT PLAZA, TUCSON
Hidden Crown Hair Extensions has leased a 900 sq.ft. space at Speedway Craycroft Plaza, located on the SW corner of Speedway Blvd. and Craycroft Rd. The Premises will be used as a retail store selling hair extensions and related products, and as an office for mail order fulfillment, shipping and handling of hair extensions and related products. They are scheduled to open for business March 2016. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker.

OFFICE – 6700 N. ORACLE RD., TUCSON
Hawkins Insurance Agency, LLC leased 570-square-feet of office space at 6700 N. Oracle Rd., Suite 233 in Tucson from 6700 N. Oracle Limited Partnership.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $19.00 – $21.50 SF/YR Modified Gross[/mepr-show]




Phoenix Lease Report Feb. 29 – March 4, 2016

Phoenix skyline 450x250 LEASE REPORTThe following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from February 29 thru March 4, 2016

RETAIL – 245 E BELL ROAD, PHOENIX
Brian & Tom Woods-of Colliers International represented Nexus Development the landlord, on a 10-year lease with Pet Club, tenant, at Bell Towne Plaza, 245 E. Bell Road, Suite 16, Phoenix, AZ, 85022, for 7,209-square-feet. GPS Retail Advisors, Greg Saltz, represented the tenant. Signed in 1st Q 2016.

RETAIL – 18224 W WILLIAMS FIELD, GILBERT
SVN office advisor, Nicole Ridberg represented a retail tenant in a lease transaction for Michael Taylor with Arizona Firearms. The 3,700-square-foot lease is located at 18224 W. Williams Field in Gilbert.

RETAIL – 4326 E THUNDERBIRD RD, PHOENIX
A lease for 2,500-square-feet at 4626 E Thunderbird Rd to Fit Body Boot Camp was recently consummated. The location of the property is west of the northwest corner of Thunderbird and Tatum in Phoenix, AZ. Fit Body Boot Camp in a franchise and has several other locations in the valley. Jim Edwards of Rein & Grossoehme Commercial Real Estate represented the owner.

RETAIL – 21323 S ELLSWORTH LOOP ROAD, QUEEN CREEK
Retail advisor, Beau Flahart has leased 2,000-square-feet to Truyen Nguyen with Lee Nails & Spa, LLC. The property is in The District and is located at 21323 S. Ellsworth Loop Rd. in Queen Creek. The 10-Yr. lease is for over $669K. Flahart represented the tenant in the transaction.

RETAIL – 4232 E CHANDLER BLVD., PHOENIX
Retail advisor, Shari A. Tucker has leased 1,680-square-feet to Dr. Judith Jones at Mountain Square Park. The property is located at 4232 E. Chandler Blvd. in Phoenix. SVN advisor, Tucker represented the landlord in the 5-Yr. lease transaction.

MEDICAL OFFICE – 13460 N 94TH DRIVE, PEORIA
Rommie Mojahed and Mary Nollenberger have leased 1,408-square-feet of medical office space to Kyle Huish with Smile Today Peoria, LLC. The property is located at 13460 N. 94th Drive in Peoria. The tenant was represented by Mojahed and Nollenberger with SVN and the landlord was represented by Plaza Companies.

RETAIL – ARROWHEAD VISTA SHOPPING CENTER, GLENDALE
A lease for 1,280-square-feet in Arrowhead Vista Shopping Center to Vapor World was recently consummated. The location of the property is north of the northwest corner of Bell Road and 51st Ave in Glendale, AZ. Jim Edwards of Rein & Grossoehme represented the landlord.

OFFICE – 2122 E HIGHLAND AVE, PHOENIX
Justin Horwitz and Paul Borgesen III have leased 1,262-square-feet of office space to Steven Durand with Educational Options Foundation, LLC. The property is located at 18425 N. 51st Avenue in Glendale. The tenant was represented by SVN, Desert Commercial Advisors.

OFFICE – 730 E BROWN ROAD, MESA
Judy Jones and Shari A. Tucker have leased 1,200-square-feet to Mayra Leticia Rosas Lopez with Antojitos Agridulce. The property is at the Brown & Horne Center, located at 730 E. Brown Rd. in Mesa. The landlord, was represented by Desert Commercial Advisors.

RETAIL – 8390 W CACTUS ROAD, PEORIA
Shari A. Tucker has leased 956 square-feet of retail property to the new Water & Ice tenants. The property is located in the Cactus Safeway Center at 8390 W. Cactus Rd. in Peoria. SVN advisor, Tucker represented the landlord in the transaction.

OFFICE – 2600 N 44TH STREET, PHOENIX
Justin Hortwitz and Paul Borgesen III have leased 703-square-feet to Kevin DeGroote with Business Advocates of America, LLC. The property is located at Camelhead Business Center at 2600 N. 44th St. in Phoenix. The SVN advisors represented the landlord in the transaction.

OFFICE – 2122 E HIGHLAND AVE, PHOENIX
Justin Horwtiz and Nicole Ridberg have leased an office suite at the Biltmore Terrace to Eric Stoffers with Bioscience Americas. The property is located at 2122 E. Highland Ave., in Phoenix, surrounded by the Biltmore Corridor. The SVN advisors represented the landlord in the lease transaction.




Southeastern Aluminum Products Signs Lease to Expand and Relocate

Southeastern Aluminum
2250 S 7th Street, Phoenix, AZ

Cushman & Wakefield Negotiates Lease for Company’s Phoenix Manufacturing Facility

PHOENIX, AZ – Cushman & Wakefield, a global leader in commercial real estate services, announced today that Southeastern Aluminum Products, Inc. has signed a lease at 2250 S. 7th St. for the relocation and expansion of its regional manufacturing and distribution operations.

Southeastern Aluminum Products, headquartered in Jacksonville, FL, has leased an entire 31,581-square-foot building in Downtown Phoenix. The company is a leading manufacturer of bath enclosures and shower doors for residential and commercial buildings. Southeastern Aluminum Products sells its products worldwide and has three manufacturing facilities in Florida, Indiana and Arizona. The company will take occupancy of its new space in March.

Cushman & Wakefield Senior Directors John Grady and Jackie Orcutt worked with Executive Director Jim Wilson in handling the lease negotiations on behalf of the tenant and landlord, EastGroup Properties.

“We have enjoyed great success working with Jim, Jackie and John on two of our Airport area projects and are thrilled with the extremely quick lease-up of this building,” said Mike Sacco, Vice President, EastGroup Properties.

Added Mr. Grady, “Southeastern Aluminum nearly doubled its presence within the local market. The company wanted a 25-30,000-square-foot space in the airport area. While we had quite a few options in multi-tenant buildings, our team knew that the 2250 South 7th Street was going to become available soon. The introduction of a freestanding building piqued the interest of the tenant. The property provided a great new location for Southeastern Aluminum, and our team was able to secure a new lease before the previous tenant vacated to maintain 100% occupancy for the building.”