The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 6 thru July 10, 2015.

INDUSTRIAL – 3865 N. BUSINESS CENTER DR., TUCSON
Simplex Grinnell LP has leased 7,193-square-feet of R&D/flex space at 3865 N. Business Center Dr. from NTBC Trust Partners. The tenant was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. The landlord was represented by Rob Glaser and Sarah Rushing with Cushman and Wakefield PICOR. [mepr-show rules=”58038″]Tenant Phone: 520.882.9647[/mepr-show]

INDUSTRIAL – 2551 N. DRAGOON ST., TUCSON
Goettl Good Guys AC has leased 6,865-square-feet of R&D/flex space at 2551 N. Dragoon St. #151 from Lilly Investment Group LLC. The tenant was self-represented. The landlord was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.829.5748[/mepr-show]

INDUSTRIAL – 2440 N. CYOTE DR., TUCSON
American Technologies Inc has leased 5,000-square-feet of warehouse space at 2440 N. Coyote Dr. from Legacy Business Partners LLC. The tenant was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. The landlord was not represented in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.807.9400[/mepr-show]

INDUSTRIAL – 2420 W. RUTHRUFF RD., TUCSON
Red Hawk Fire & Security LLC has leased 2,635-square-feet of industrial incubator space at 2420 W. Ruthraff Rd. #160 from Presson Scottsdale, LLC. The tenant was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. The landlord was represented by Rob Glaser and Sarah Rushing of Cushman & Wakefield PICOR. [mepr-show rules=”58038″]Tenant Phone: 520.547.0422[/mepr-show]

OFFICE – 4380 N. CAMPBELL AVE., TUCSON
Stifel, Nicolaus & Company has leased 2,168-square-feet of office space at 4380 N. Campbell Ave. #201 from St. Philips Plaza LLC. The tenant was represented by Jay Stewart with Cushman & Wakefield PICOR. The tenant was represented by Bruce Suppes and Ian Stuart with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.209.7400[/mepr-show]

INDUSTRIAL – 6955 N. CAMINO MARTIN, TUCSON, AZ
Jackpot Equine has leased 1,750-square-feet of industrial incubator space at 6955 N. Camino Martin #105 from Camino Martin Industrial Plaza LLC. The landlord was represented by John Ash with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking lease rate: $0.75 SF/MO Modified Gross[/mepr-show]

OFFICE – 4400 E. BROADWAY BLVD., TUCSON
John Blake, CPA, leased approximately 1,020-square-feet of office space located at 4400 E. Broadway Blvd., Suite 807, Tucson, Arizona, from 4400 Broadway, LLC.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service; Tenant Phone: 520.795.3530[/mepr-show]

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The following leases were reported to the Real Estate Daily News for Phoenix Lease Report during the week of July 1 thru 10, 2015.

INDUSTRIAL – 4901 – 4929 W. VAN BUREN ST., PHOENIX

The ViaWest Group has completed two new leases totaling 80,635-square-feet at its Tiger Industrial Center in Phoenix. Located at 4901 & 4929 West Van Buren, the two-building complex is comprised of 103,064 SF and located just one mile south of a full-diamond interchange on the I-10 Freeway. Walmart will occupy 74,642 SF for temporary storage purposes while Custom Bilt Holdings has signed a long-term lease for 5,993 SF. The property was only 16% leased when ViaWest purchased the asset in January 2015. With the execution of these two leases, Tiger’s occupancy will increase to 94%.

These leases mark significant progress for ViaWest’s Select Strategies Fund focused on the acquisition of general industrial properties in Southwestern U.S. “We purchased Tiger earlier this year with a vision of adding value through strategic property enhancements coupled with our proactive leasing and management approach,” says Gary Linhart, Founding Principal at ViaWest Group. “We’re excited about these deals and want to keep the momentum going at this project by landing a long-term tenant to backfill Walmart in the coming months.” ViaWest’s Fund includes several Arizona properties, a recently acquired industrial center in El Paso, and is currently searching both locally and in neighboring states for new acquisitions.

Custom Bilt Holdings is a Dallas-based metal roofing and gutter manufacturer with an emphasis on eco-friendly technology. “We are excited to land such top-tier companies at the project and look forward to growing our relationships with both Custom Bilt and Walmart,” said Danny Swancey with ViaWest.

Riley Gilbert of Jones Lange LaSalle cites “responsive management, functional lease-ready space, and great access to freeways” as some of the factors that attracted Walmart and Custom Bilt. JLL will continue to market the project’s remaining vacancy.

OFFICE – 275 E. GERMAN RD., GILBERT

Cushman & Wakefield of Arizona, Inc. negotiated a 19,015-square-foot lease for HPOne at Reserve at San Tan, Phase I, located at 275 E. Germann Road, Gilbert AZ  HPOne, headquartered in Trumbull, Conn., will now have two offices in the Valley. It currently operates a Phoenix office off the Black Canyon Highway.  Founded in 2006, HPOne is a health insurance sales and marketing firm with brokerage operations licensed in all 50 states. It focuses on sales of Medicare and individual and family health insurance plans.

“The tenant chose this second site in the Valley based on quality and quantity of an employee pool in close proximity to the property,” said Michael White, Senior Director in the Office Properties group at Cushman & Wakefield. “There are numerous amenities in the area including more than 1.5 million square feet of retail and easy access to the Loop 202.”

“We’ve been extremely happy with our ability to attract and retain qualified employees for our Phoenix office,” said Bill Stapleton, Founder and CEO of HPOne. “When it came time to choose a location for additional expansion, the options for us in the Valley made the decision easy.”

FIRST PHOENIX LOCATION FOR TRENDY BURGER JOINT

PHOENIX, AZ – Hines, the international real estate firm, recently leased 3,200-square feet to The Counter, which has located its trendy build-your-own burger joint with a full bar in Renaissance Square’s free-standing, high-profile retail building.

The Counter opened recently in the courtyard downtown space of Renaissance Square’s twin 25 and 27-story buildings near office tenants and visitors, as well as light rail riders at the Washington/Central Avenue stop. The Renaissance Square courtyard location will be the first Phoenix location for the California-based company.

“The Counter is a perfect fit for our retail building. The burger joint is trendy and focuses on locally sourced and sustainable ingredients. We anticipate The Counter will have a strong following in downtown Phoenix,” said Steve Hamel, Property Manager of Renaissance Square.

“We are very excited to open our first Phoenix location in such a great location, and are enjoying the relationships we are building with other downtown businesses,” says John Lutz, COO and partner of TCB Arizona LLC.  “The support, positive feedback and well wishes we have received so far have been very enjoyable.”