Phoenix Lease Report September 28 – October 2, 2015

OFFICE – 5651 W. TALAVI BLVD. & 16680 N. 51st AVE., PHOENIX
Redflex Traffic Systems leased approximately 35,760-square-feet in two buildings at 5651 W. Talavi Blvd. within Talavi Corporate Center and 16680 N. 51st Ave. within the 51 Bells project in Glendale, AZ for relocation from its current location at 23rd Avenue and Pinnacle Peak Road. Senior Directors Blaine Black, Sam Murik and Don Rodie and Associate Robb Vallier with Cushman & Wakefield represented Redflex in the lease negotiations. Ashley Brooks of CBRE represented Los Angeles-based Regent Properties, owner of Talavi Corporate Center. Redflex also leased approximately 14,000-square feet at 51 Bells. The company will take occupancy of its new spaces in December. “This was an opportunity for Redflex to rid itself of wasted space, gain efficiencies, and relocate to an area full of amenities for its employees,” Mr. Black said. Redflex Traffic Systems develops and manufactures a wide range of digital photo enforcement solutions including red light camera, speed camera, and school-bus-stop arm camera systems. Mark Linsalata of Lee & Associates Arizona represented Arizona-based 51 Bells Limited Partnership.

RETAIL – 3611 E. INDIAN SCHOOL RD., PHOENIX
A retail lease for 8,325-square-feet at Gaslight Square at 36th St & Indian School in Phoenix, AZ to Dennis Uniforms was recently consummated. The owner of the center is Gaslight Square Retail, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and Blaine Black of Cushman Wakefield the Tenant on this transaction.

OFFICE – 6565 E CARONDELET DR., STE 235, TUCSON
Arizona EndoVascular Center, PLLC renewed their lease for 7,337 square feet of medical office space at 6565 E. Carondelet Dr., Suite 235 in Tucson from Tucson Medical Investors, Ltd.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction.

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, AZ.  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.

OFFICE – 2430 E 6TH STREET, TUCSON
Lifeshare Management Group, LLC leased 4,394 square feet of office space at 2430 E. 6th St. in Tucson from Harvey Trust.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Paddy Mullen with Cushman & Wakefield of Missouri, represented the tenant in this transaction.

RETAIL – 15551 N. GREENWAY-HAYDEN LOOP, PHOENIX
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, AZ.  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 both the owner and the tenant.

RETAIL – 4731 E. UNION HILLS, PHOENIX
A lease for 2,499-square-feet at 4731 East Union Hills in Phoenix was recently completed between Dr. Bukhari and La Piazza Center, LLC. Jake Ertle and Jim Edwards of Rein & Grossoehme represented the landlord and Jennifer Eggert and Dena Zell of Zell Commercial represented the Tenant.

RETAIL – 5622 E BROADWAY BLVD., TUCSON
Creative Vapor, LLC leased 2,155 square feet in Broadway Center at 5622 E. Broadway Blvd. in Tucson from Broadway Craycroft, LLC. Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 1870 W PRINCE ROAD, STE 20, TUCSON
Remblake Builders, LLC leased 1,440 square feet at 1870 W. Prince Rd., Suite 20 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 4902 E. THOMAS RD., PHOENIX
A retail lease for 1,425-square-feet at 40 Palms Arcadia at 40th St & Thomas in Phoenix, AZ to The Weave Bar of ATL was recently consummated. The owner of the center is Arcadia Village Shops, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and the Tenant on this transaction.

OFFICE – 4500 E SPEEDWAY BLVD., TUCSON
Great Escape Tucson, LLC leased 1,272 square feet at 4500 E. Speedway, Suite 113 in Tucson from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 125th AVE & THUNDERBIRD, EL MIRAGE
A retail lease for 1,269-square-feet at West Thunderbird Plaza at 125th Ave & Thunderbird in El Mirage, AZ to RC Heaven Hobby Shop was recently consummated. The owner of the center is Max Taylor & Company, LLC. Jared Lively of Rein & Grossoehme represented the Landlord and the Tenant on this transaction.




Tucson Lease Report September 21 – 25, 2015

Real Estate Daily News
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from September 21 thru September 25, 2015.

INDUSTRIAL – 4021 E. COLUMBIA ST., TUCSON
Omega Tool & Mold, LLC leased 9,000-square-feet at 4021 E. Columbia St., Suite 101 in Tucson from Dybvig White Mountains, LLC.  Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Robert Herd with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.47 SF/MO Industrial Gross, Tenant Phone: 520.807.7737[/mepr-show]

INDUSTRIAL – 3631 E. FARNUM PL., TUCSON
Energy Transport Logistics leased 5,760-square-feet at 3631 E. Farnum Pl. in Tucson from RLR Investments, LLC.   Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and David Gallaher with Tucson Industrial Realty, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 844.737.7447[/mepr-show]

OFFICE – 180 W. MAGEE RD., TUCSON
BHP Copper, Inc. leased 5,390 square feet of office space at 180 W. Magee Rd., Suites 134B and 152 in Tucson from WVLC, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR and Morgan Relyea with Cushman & Wakefield of Texas, Inc., represented the tenant.  Mike Gross with Tucson Realty & Trust Co., represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $18.50 SF/YR Modified Gross, Tenant Phone: 520.329.8045[/mepr-show]

RETAIL – 432 W. GRANT RD., TUCSON
MPG Automotive Services, LLC leased 4,320-square-feet of retail space at 432 W. Grant Rd. in Tucson from Grant and Oracle, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant and Michael Stilb with MAS Real Estate Services, Inc. represented the landlord in this transaction.

OFFICE – 5199 E. FARNESS DR., TUCSON
Tucson Concussion Center, LLC leased 4,153-square-feet of office space at 5199 E. Farness Dr. in Tucson from TMC Holdings, Inc.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Kristy Kelley with Long Realty Commercial, represented the tenant in this transaction.

OFFICE – 3045 N. 1st AVE., TUCSON
Ocotillo Social Services, Inc. leased 3,180-square-feet of office space at 3045 N. 1st Avenue, Suites A and B in Tucson from Foothills Business Ventures, LLC.  Brandon Rodgers, CCIM, and Tom Nieman with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1701 W. ST. MARY’S RD., TUCSON
Pima Orthopedic Physicians, LLC, renewed their lease for 2,856-square-feet at 1701 W. St. Mary’s Rd. in Tucson from Healthcare Realty Services Incorporated.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $19.00 SF/YR Full Service, Tenant Phone: 520.622.4559[/mepr-show]

OFFICE – 5170 E. GLENN ST., TUCSON
Rao Plastic Surgery, PC leased 1,645-square-feet of office space at 5170 E. Glenn St., Suite 100 in Tucson from Ciendos Investments, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Alan Moore with Chapman Lindsey Commercial Real Estate Services, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.209.2500[/mepr-show]

INDUSTRIAL – 3100 N. STONE AVE., TUCSON
Kitty’s Clawset leased 1,565-square-feet at 3100 N. Stone Ave., Suite 206 in Tucson from 3100, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Chris Itule with Long Realty Company represented the tenant in this transaction.  [mepr-show rules=”58038″]Asking lease rate: $0.75 SF/MO Modified Gross[/mepr-show]

RETAIL – 245 SOUTH WILMOT RD., TUCSON
Sean Vu and Thuy Ngo, dba Sparkle Nails. leased 1,301-square-feet at 245 Marketplace is a new retail strip center under construction at 245 South Wilmot Road, just south of the planned Corner Bakery, which is also under construction. Rick Borane represented the landlord, ATT 245 Marketplace, LLC. [mepr-show rules=”58038″]Asking lease rate: $25.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
Small Improvement, LLC leased 1,200-square-feet at 4500 E. Speedway, Suite 60 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″] Asking lease rate: $0.72 – $0.80 SF/MO Modified Gross[/mepr-show]

INDUSTRIAL – 3820 E. 44th ST., TUCSON
BXB Builders, LLC, dba Sun Earth Builders, leased 1,100-square-feet at 3820 E. 44th St., Suite 410 in Tucson from RR44, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.955.9218[/mepr-show]

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Bradley Dunwell, dba Proteum Machining, leased 1,000-square-feet at 2112 N. Dragoon St., Suite 15 in Tucson from Rich Rodgers South, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3933 E. 29th ST., TUCSON
Mia Hansen and Kurt Tallis leased 805-square-feet in Midpoint Business Plaza at 3933 E. 29th Street, Suite 502 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Paul Rosado represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.59 SF/MO Modified Gross[/mepr-show]

OFFICE – 800 N. SWAN RD., TUCSON
Body Tao Therapies leased 431-square-feet at 800 N. Swan Rd., Suite 112 in Tucson from 800 N. Swan, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.312.9563[/mepr-show]

OFFICE – 2761 N. COUNTRY CLUB RD., TUCSON
Central Clinical Labs, Inc. has leased 202-square-feet at 2761 N. Country Club Road, Suite 110, from Country Club Plaza, LLC .  Isaac Figueroa of Cushman & Wakefield | PICOR represented the Tenant and Andrew Sternberg of Oxford Realty Advisors represented the Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $1.25 – $1.73 SF/MO Full Service, Tenant Phone: 480.990.1343[/mepr-show]




SuperShuttle Relocates to New Facility Near Sky Harbor

supershuttleCushman & Wakefield Negotiates Lease for Transportation Company

PHOENIX, AZ – Cushman & Wakefield, a global leader in commercial real estate services, announced today that SuperShuttle has relocated its Phoenix operations to a building at 3545 S. 28th St. near Sky Harbor International Airport.

Steve Mardian, Senior Vice President with Cushman & Wakefield, represented SuperShuttle in the lease negotiations. John Werstler of CBRE represented the landlord.

SuperShuttle leased approximately 17,672 square feet of space and recently relocated from 36th Street and Broadway Road. The company will utilize the space for offices and vehicle storage/maintenance.

“SuperShuttle selected this property because it offered a more modern facility with appealing features,” Mr. Mardian said. “This building provides closer proximity to the airport, freeway access and freeway visibility that is better suited to the SuperShuttle brand and operations.”

The successful merger of Cushman & Wakefield and DTZ closed September 1, 2015. The firm now operates under the iconic Cushman & Wakefield brand and has a new visual identity and logo that position the firm for the future and reflect its trusted global legacy and wider history. The new Cushman & Wakefield is led by Chairman & Chief Executive Officer Brett White and Global President Tod Lickerman. The company is majority owned by an investor group led by TPG, PAG, and OTPP.