The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from October 12 thru 16, 2015.

INDUSTRIAL – 1861 W. GRANT RD., TUCSON
Xtreme Sports and Fitness, LLC leased 14,070-square-feet at 1861 W. Grant Rd. in Tucson from Walker Tucson Properties, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Tim DeNiro with Commercial Real Estate Group of Tucson, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.29 SF/MO NNN; Tenant Phone: 520.609.8281[/mepr-show]

INDUSTRIAL – 2106 N. FORBES RD., TUCSON
Western Web & Graphics, Inc. leased 12,052-square-feet at 2106 N. Forbes Blvd., Suite 104 in Tucson from MRI Saddlehorn Investments II, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.747.3456[/mepr-show]

INDUSTRIAL – 2851 N. FLOWING WELLS ROAD, TUCSON
FleetPride, Inc. leased 11,400-sqaye-feet at 2851 N. Flowing Wells Road in Keenan Commerce Center from Keenan Investment Company.  Gary Emerson of GRE Partners, LLC represented the Landlord and Devpal Gupta of Cushman Wakefield represented the Tenant. As[mepr-show rules=”58038″]king lease rate: $0.35 – $0.65 SF/MO NNN; Tenant Phone: 520.623.2551[/mepr-show]

INDUSTRIAL – 3770 E. 43^rd PL., TUCSON
Expert Restaurant Supply, LLC leased 11,195-square-feet at 3770 E. 43^rd Pl. in Tucson from Doubletree Investments, Inc.  This represents an expansion for Expert Restaurant Supply, a seller of a wide selection of restaurant equipment and supplies. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 100 W. DUVAL MINE RD., SAHUARITA
Mid Rare, LLC, has signed a leased for a 5,836-square-foot restaurant space located at 100 W. Duval Mine Road, Suite 110, Sahuarita, AZ, in the Valley Verde Center at the northwest corner of Interstate 19 and Duval Mine Road. Mid Rare Italian Steakhouse will offer a unique ambiance and contemporary style of steaks, international foods and wines and is estimated to open mid December 2015. Both, executive chef, Juan Herrera and partner, Rocio Prestini, have an extensive background in the restaurant business. Juan, with over 30 years in the business, is the co-owner of Ragazzi Italian Restaurant, located in Green Valley, and has won many awards throughout its 11 years in business. Rocio opened her first restaurant, Restaurant Villa Prestini, in 2007. She later opened the successful Palo Duro Creek Restaurant in 2010 at the Meadow Hills Golf Course in Nogales, AZ. Craig Finfrock at Commercial Retail Advisors, LLC represented the Landlord, CJR at Valley Verde, LLC, and Mid Rare, LLC represented itself in this lease transaction. [mepr-show rules=”58038″]Asking lease rate: $17.00 – $19.00 SF/YR NNN[/mepr-show]

RETAIL – 2936 E BROADWAY BLVD., TUCSON
Bisbee Breakfast Club has signed a lease for 4,396-square-feet located at 2936 E. Broadway Blvd., Tucson, AZ in Broadway Village at the southwest corner of Broadway Blvd. and Country Club Rd.  The new restaurant is expected to open October 1, 2016 and will serve a variety of breakfast and lunch items. This will be the second location for Bisbee Breakfast Club owners Brent Kyte and his partners. Their first Tucson location opened nearly four years ago at Ina and Old Father Roads and has been very successful. This will be the chain’s 4^th location statewide. Bisbee Breakfast Club started in 2005 in Bisbee, Arizona. Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, CRI Broadway Village Partners, LLC, and the Tenant, The Ina Breakfast Club I, LLC, represented itself in this lease transaction. [mepr-show rules=”58038″]Tenant Phone: 520.579.7495[/mepr-show]

INDUSTRIAL – 1101 W. GRANT RD., TUCSON
Quartercircle 10, LLC renewed their lease and expanded to 3,600-square-feet at 1101 W. Grant Rd., Suites 202-204 in Tucson from the Sloat Family Partnership, LLLP.  Quartercircle 10 is a firearms manufacturer who specializes in pistol caliber AR15s.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 SF/MO Modified Gross; Tenant Phone: 520.404.5661[/mepr-show]

RETAIL – 5891 N. ORACLE RD., TUCSON
Tucson Yoga Sol leased 2,640-square-feet in the Placita Del Norte Shopping Center at 5891 N. Oracle Rd. in Tucson from CAS Real Property, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Roger Breckenridge with Long Realty Company, represented the tenant in this transaction.

RETAIL – EASTPOINT MARKETPLACE & SPANISH TRAIL PLAZA, TUCSON
Park Avenue Cleaners leased 2,100-square-feet in Tucson at two different locations — 1200 square feet were leased in Eastpoint Marketplace, at the southwest corner of 22^nd St. and Kolb Rd., from Eastpoint Marketplace Investors; and 900 square feet were leased in the Spanish Trail Plaza Shopping Center, at the northwest corner of 22^nd St. and Harrison Rd., from 22^nd Harrison, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Synthia King with Classic Commercial Real Estate, represented the tenant in these transactions. [mepr-show rules=”58038″]Tenant Phone: 520.751.9971[/mepr-show]

OFFICE – 5151 E. BROADWAY BLVD., TUCSON
A lease for 1,416-square-feet in 5151 E. Broadway to Eliot Mangement Group, LLC, was recently consummated.  The location of the property is at the Northeast corner of Broadway and Rosemont in Tucson, Arizona.  The owner of the property is Tucson 5151 Investments, LLC. Sandy Alter of Rein & Grossoehme represented the Landlord in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.750.8800[/mepr-show]

INDUSTRIAL – 1101 W. GRANT RD., TUCSON
Sunizona Greenhouses, Inc. leased 1,200-square-feet at 1101 W. Grant Rd., Suite 205 in Tucson from the Sloat Family Partnership, LLLP.  Sunizona supplies homes and food sellers with organic produce, sprouted baked goods and natural groceries. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]$0.60 SF/MO Modified Gross; Phone: 520.824.3160[/mepr-show]

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The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report the week of October 12 thru 16, 2015.

RETAIL – SWC RITTENHOUSE & ELLSWORTH RD., QUEEN CREEK
Brian & Tom Woods- Colliers International, represented Village Inn on a 15 year ground lease with Vestar Development for Pad D at Queen Creek Marketplace SWC Rittenhouse & Ellsworth Roads, Queen Creek, AZ for 44,955-square-feet.  Matt Milinovich with Strategic Retail Group represented the Landlord.

RETAIL – 2670 E. GERMANN RD., CHANDLER
Brian & Tom Woods- Colliers International, represented Vestar Development on a 5 year lease with Dollar Tree at Crossroads Towne Center (2670 E. Germann Road, Chandler, AZ, 85249) for 8,480-square-feet.  Kurt Kalocin of SRS Real Estate Partners represented the Tenant.

RETAIL – 8698 E. RAINTREE DRIVE, SCOTTSDALE
Brian & Tom Woods- Colliers International, represented UMBRAL 2, LLC on a multi-year lease with Ski Pro at Shops at Raintree & 101, 8698 E. Raintree Drive, Suite 102, Scottsdale, AZ, 85260 for 8,331-square-feet.  Stan Sanchez with DeRito Partners represented the Tenant.

RETAIL – UNIVERSITY 101 SHOPS, TEMPE
A retail lease for 6,926-square-feet at University 101 Shops at 101 & University Dr in Tempe, Arizona to Lower Gear Outdoor’s was recently consummated. The owner of the center is 2155 E. University, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and the Tenant on this transaction.

RETAIL – 401 E. BELL RD., PHOENIX
Brian & Tom Woods- Colliers International, represented Nexus Development on a 10 year lease with Maurices at Bell Towne Centre, 401 E. Bell Road, Phoenix, AZ, 85022 for 5,299-square-feet.  Tim Gunnink at Newmark Grubb Knight Frank represented the Tenant.

RETAIL – 13390 W. VAN BUREN ST., GOODYEAR
A lease for 4,582-square-feet in Central Square Shopping Center to Flex AZ was recently consummated.  The location of the property is 13390 W. Van Buren Street in Goodyear, Arizona.  Richard Mackay of Rein & Grossoehme represented the owner and Drew Stone of NAI Horizon represented the tenant.

RETAIL – 15505 – 15507 N. SCOTTSDALE RD., SCOTTSDALE
A lease for 4,549-square-feet in Zocallo Plaza was recently signed with Classy Closets.  The property is located at 15505-15507 N. Scottsdale Road in Scottsdale, Arizona.  The owner of the center is Enright Zocallo LP. Jake Ertle of Rein & Grossoehme represented the owner and Grafton Milne of Menlo Group represented the tenant.

RETAIL – 40^th ST. & THUNDERBIRD RD., PHOENIX
A retail lease for 3,850-square-feet at Paradise Square at 40th St & Thunderbird Rd in Phoenix, Arizona to Paradise Valley School of Karate was recently consummated. The owner of the center is Manatee Investments III, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and the Tenant on this transaction.

RETAIL – 8698 E. RAINTREE DRIVE, SCOTTSDALE
Brian & Tom Woods- Colliers International, represented UMBRAL 2 LLC on a 7.5 year lease with Enterprise Bank & Trust at The Shops at Raintree & 101, 8698 E. Raintree Drive, Suite 104, Scottsdale, AZ, 85260, for 3,263-square-feet.  Andrew Cheney of Lee & Associates represented the Tenant.

RETAIL – 15551 N. GREENWAY-HAYDEN LOOP, SCOTTSDALE
A lease for 3,200-square-feet in The District at the Airpark Center was recently signed with Sun Mountain Door.  The property is located at 15551 N. Greenway-Hayden Loop in Scottsdale, Arizona.  The owner of the center is K2H Airpark Design, LLC. Steve Grossoehme and Jake Ertle of Rein & Grossoehme represented the owner and Adrienne Bryant of Bryant Commercial represented the tenant.

RETAIL – 15505 – 15507 N. SCOTTSDALE RD., SCOTTSDALE
A lease for 3,150-square-feet in Zocallo Plaza was recently signed with Sunset Spas.  The property is located at 15505-15507 N. Scottsdale Road in Scottsdale, Arizona.  The owner of the center is Enright Zocallo LP. Jake Ertle of Rein & Grossoehme represented the owner and the tenant.

RETAIL – 18444 N. CAVE CREEK RD., PHOENIX
A lease for 2,752-square-feet at 18444 N. Cave Creek Road in Phoenix, Arizona was recently signed with Talk Mobile Inc.  The owner of the property is Member REI 18444, LLC. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the owner and Regan Amato of DTZ represented the tenant.

RETAIL – 2990 E. GERMANN RD., CHANDLER
Brian & Tom Woods- Colliers International, represented Vestar Development on a 10 year lease with Eklectic Pie at Crossroads Towne Center, 2990 E. Germann Road, Suite 1, Chandler, AZ, 85286 for 2,604-square-feet.  Morey Fischel of DeRito Partners represented the Tenant.

RETAIL – 5022 S. POWER RD., GILBERT
Brian & Tom Woods- Colliers International, represented Vestar Development on a 5 year lease with Lerner & Rowe at Gilbert Gateway Towne Center, 5022 S. Power Road, Suite 104, Gilbert, AZ, 85230 for 2,500-square-feet.  Cindy Ernst with DD Properties represented the Tenant.

RETAIL – 4984 S. POWER RD., GILBERT
Brian & Tom Woods- Colliers International, represented Vestar Development on a 5 year lease with Thai Chili 2 Go at Gilbert Gateway Towne Center, 4984 S. Power Road, Suite 101, Gilbert, AZ, 85230 for 2,400-square-feet.  David Jarand of Strategic Retail Group represented the Tenant.

RETAIL – 830 W. WARNER RD., GILBERT
Brian & Tom Woods- Colliers International, represented Warner Cooper Partners, LLC on a 10 year lease with Starbucks at Bayshore Plaza, 830 W. Warner Road, Gilbert, AZ, 85233 for 2,000-square-feet.  Lance Umble of Phoenix Commercial Advisors represented the Tenant.

RETAIL – 6045 N. SCOTTSDALE RD., SCOTTSDALE
A lease for 1,606-square-feet in Hilton Village was recently signed with Barre 3.  The property is located at SEC Scottsdale Road & Lincoln Road in Scottsdale, Arizona.  The owner of the center is RED Development. Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the tenant.

RETAIL – 13370 W. VAN BUREN ST., GOODYEAR
A lease for 1,120-square-feet in Central Square Shopping Center to Zia Nutrition was recently consummated.  The location of the property is 13370 W Van Buren St in Goodyear, Arizona. Richard Mackay of Rein & Grossoehme represented the owner and the tenant.

OFFICE – 430 N. DOBSON RD., MESA
A lease for 1,120-square-feet in Century Square to McPhie Law was recently consummated.  The location of the property is 430 N Dobson Road in Mesa, AZ.  The owner of the center is Warren Hall. Richard Mackay of Rein & Grossoehme represented the owner and the tenant.

RETAIL – 3871 S GILBERT ROAD, STE 106, GILBERT
Brian & Tom Woods- Colliers International, represented Vestar Development (Landlord) on a 5 year lease with uBreakiFix (Tenant) at Crossroads Towne Center, 3871 S. Gilbert Road, Suite 106, Gilbert, AZ, 85234 for 1,000-square-feet. Billy Rodriguez of BluRock Commercial represented the Tenant.

RETAIL – 5052 S. POWER RD., GILBERT
Brian & Tom Woods- Colliers International, represented Vestar Development on a 5 year lease with Allstate Insurance at Shops at Gilbert Gateway Towne Center, 5052 S. Power Road, Suite 105, Gilbert, AZ, 85230 for 850-square-feet. Brian & Tom Woods of Colliers also represented the Tenant.

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PHOENIX, AZ – Hines, the international real estate firm, has announced the renewal of the U.S. Attorney’s 72,980-square-foot, long-term lease at Renaissance Square, where it has been located for 15 years.

The U.S. Attorney’s Office employs 280 staff members, including 120 attorneys, on floors 15-18 of Two Renaissance Square, a property owned by Hines.

“We are very pleased that the U.S. General Services Administration, which oversees the U.S. Attorney’s Office, has renewed the U.S. Attorney’s lease at Renaissance Square, as it is a valued long-term tenant,” said Steve Hamel, Hines’ General Property Manager. “Renaissance Square’s convenient downtown address and proximity to courthouses make it an attractive business location for legal professionals.”

Patrick Devine with Cushman and Wakefield and Chad Habeeb with FD Stonewater represented Hines in the transaction. Carpenter Robbins Commercial Real Estate represented the tenant.

Hines is a privately owned global real estate investment firm founded in 1957 with locations in 185 cities in 19 countries. Hines has $84.9 billion of assets under management, including $42.7 billion for which Hines provides fiduciary investment management services, and $42.2 billion for which Hines provides third-party property-level services. In 2014, Hines completed over $8 billion in transactions on behalf of its investment management clients. The firm has 104 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired more than 1,000 properties, totaling over 339 million square feet. The firm’s current property and asset management portfolio includes 511 properties, representing over 176 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.