Tucson Lease Report Week of June 29 – July 3, 2015

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 29 thru July 3, 2015.

INDUSTRIAL – 2760 S. 4th AVENUE, TUCSON
Arizona Department of Child Safety (DCS) has leased an 11,860-square-foot space at Madera Business Park, located at 2760 S. 4th Avenue, in South Tucson. The Premises will be used for providing services of the Department of Child Safety. They are scheduled to open for business July 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Rob Glaser, of Cushman & Wakefield | PICOR Commercial Real Estate, represented the Tenant. [mepr-show rules=”58038″]Asking lease rate: $16.00 SF/YR Modified Gross; Tenant Phone: 620-255-2500[/mepr-show]

RETAIL – 3352 E. SPEEDWAY BLVD., TUCSON
Mattress Firm, Inc. leased 6,000-square-feet at 3352 East Speedway Boulevard. The space is located within Rancho Center, which is anchored by Whole Foods, Bookmans Sports Exchange, and Performance Bikes. Darren Pitts and Michael Clark of Velocity Retail Group, LLC represented the Tenant. Debbie Heslop, CCIM, of Volk Company represented the landlord, Rancho Center, LLC

RETAIL – 3653 N 1ST AVENUE, TUCSON
Andy’s National Glass, an automobile glass replacement shop, leased 4,813-square-feet at 3653 N 1st Avenue in Tucson from Steve Koch and The MEF Company, Inc. The property was previously vacant and the new tenant expects to be open by September 1st. The landlord was represented by Aaron LaPrise and Ron Zimmerman of Cushman & Wakefield | Picor of Tucson. Dean Cotlow of Cotlow Company of Tucson represented Andy’s National Glass. [mepr-show rules=”58038″]Asking lease rate: $12.48 SF/YR Modified Gross[/mepr-show]

OFFICE – 6300 E EL DORADO PLAZA, TUCSON
Greg Bryson of Bryson Capital, a financial services firm, leased 2,025-square-feet at The Mountain Oyster Club, 6300 E El Dorado Plaza in Tucson. Quentin Bryson of Quentin Bryson Realty represented the tenant and Dean Cotlow of Cotlow Company of Tucson represented Mountain Oyster Club, Inc., the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.917.1168[/mepr-show]

RETAIL – 901-935 PRINCE ROAD, TUCSON
Command Center, Inc. has leased a 1,400-square-foot space at Prince & Fairview Plaza, located on the SW corner of Prince Road and Fairview Ave. The Premises will be used as an office providing temporary and on demand staffing solutions. They are scheduled to open for business July 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. Tenant Phone: 520.887.0961

RETAIL – 11941 N. FIRST AVE., TUCSON
Farmer’s Insurance Agency, Richard Ferreira Agent, has signed a lease for a second location at 11941 N. First Ave., Suite 103, Oro Valley, AZ in the Placita de Oro shopping center at the southwest corner of 1st Avenue and Tangerine Road. The new office will be 1,255 square feet. Richard Ferreira’s Farmers Insurance Agency has been in business for 10 years at 1st Avenue and River Road. Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, CTW-FVP, LLC, and the tenant was not represented in this lease transaction. [mepr-show rules=”58038″]Asking lease rate: $12.02 – $18.00 SF/YR NNN; Tenant Phone: 520.293.2900[/mepr-show]

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Phoenix Lease Report Week of June 29 – July 3, 2015

Phoenix Lease Report
Phoenix Lease Report

The following leases were reported to the Real Estate Daily News for the Phoenix Lease Report the week of June 29 thru July 3, 2015.

INDUSTRIAL – 1422 N. ELISEO C. FELIX WAY, PHOENIX
Cushman & Wakefield of Arizona, Inc. negotiated a long-term lease for the relocation of Monster Paint FX to 1422 N. Eliseo C. Felix Jr. Way. The lease is for 13,230-square-feet. Monster Paint FX, which previously was at 7115 N. 110th Ave. in Glendale, is a locally owned company that provides custom auto body and paint work. “It took more than one and half years for us to find the right facility for Monster Paint,” said Keri Scott, Associate with Cushman & Wakefield’s Industrial Properties group. “It was important to not only find a facility that could accommodate their current needs but give them the ability to grow quickly and efficiently. I think we accomplished that with this facility.”   Scott represented Monster Paint FX in the transaction. The landlord is Denali National Trust XXV LLC of Scottsdale. The property is 100 leased with Monster Paint FX taking occupancy June 1.

RETAIL – 23706 S. POWER RD., QUEEN CREEK
Michael Gaida has leased 3,500-square-feet to a Mexican restaurant company owned by Noe & Abel Rodriguez at 23706 S. Power Rd. in Queen Creek.  The landlord, Grace Power & Chandler Heights was represented by Sperry Van Ness, LLC, in Phoenix.

OFFICE – 8767 E. VIA DE VENTURA, SCOTTSDALE
A lease for 3,498-square-feet at the Bay Colony Executive Center at 8767 E. Via de Ventura in Scottsdale, AZ to PassFort, Inc. was recently consummated. The owner of the center is Bay Colony Executive Center West, LLC. Jared Lively of Rein & Grossoehme represented the Tenant, and Scott Boardman of DTZ represented the Landlord.

RETAIL – 3402 E. THOMAS RD., PHOENIX
Michael Gaida has leased 3,240-square-feet to a mattress company, Mattress 2 Go at 3402 E. Thomas Rd., in Phoenix.  The landlord was represented by Sperry Van Ness, LLC, in Phoenix. The tenants were represented by Bernard Howard Realty.

OFFICE _ 1940 E. THUNDERBIRD RD., PHOENIX
Jonathan Levy, Justin Horwitz, and Nicole Ridberg has leased 2,064-square-feet to Douglas, Sheets, & Stremcha CPAs, LLC. at The Century Building, 1940 E. Thunderbird Rd. in Phoenix.  The landlord, MFP I, LLC was represented by Sperry Van Ness, LLC.

RETAIL – 1920 S. ALMA SCHOOL ROAD, CHANDLER
A lease for 1,807-square-feet in Germann Towne Center to Blackbird Music and Rentals was recently consummated. The location of the property is Germann and Alma School in Chandler, AZ. Blackbird Music has 2 other locations. Jim Edwards of Rein & Grossoehme represented the Tenant.

RETAIL – SWC 35th AVE. and THUNDERBIRD, PHOENIX
A lease for 1, 800-square-feet at Thunderbird Square at the SWC of 35th Ave. & Thunderbird Rd. in Phoenix, AZ to Thunderbird Laundry was recently consummated. The owner of the center is B.H. Chapman, LLC. Jared Lively of Rein & Grossoehme represented the Tenant and the Landlord on this transaction.

RETAIL – 842 E. INDIAN SCHOOL RD., PHOENIX
A lease for 1,760-square-feet was recently consummated with Addis Ababs Restaurant. The location of the property is 842 E. Indian School Rd. in Phoenix, AZ. Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and Roberto Amado-Cattaneo of Clear Commercial Advisors represented the tenant.

RETAIL – WEST POINT TOWNE CENTER, SURPRISE
A lease for 1,440-square-feet in West Point Towne Center to Daniel’s Original Mexican Food was recently consummated. The location of the property is east of the southeast corner of Bell Rd and Litchfield Rd (the Sprouts center) in Surprise, AZ. This is the first location for Daniel’s Original Mexican Food. Jim Edwards of Rein & Grossoehme represented the Landlord.

OFFICE – 8607 N. 59th AVE., GLENDALE
Jonathan Levy and Nicole Ridberg has leased 961-square-feet at 8607 N. 59th Ave in Glendale from NCC Glendale, LLC. The landlord was represented by Sperry Van Ness, LLC. In Phoenix.

RETAIL – 7346 – 7426 N. 51st AVE., GLENDALE
A retail lease for 800-square-feet in Palms Plaza Shopping Center to Antojitos El Kike, LLC was recently consummated. The location of the property is 7346-7426 N. 51st Ave. in Glendale, AZ. The owner of the center is RMM Orangewood Retail, LLC. Kevin Roessler of Rein & Grossoehme represented the Tenant and Jared Lively of Rein & Grossoehme represented the Owner.

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Tucson Lease Report – Week of June 22-26, 2015

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 22 thru 26, 2015.

INDUSTRIAL FLEX – 3280 E. HEMISPHERE LOOP, TUCSON, AZ.
Mastek-Innerstep has renewed their lease for 16,400-square-feet of industrial flex space at 3280 E Hemisphere Loop #140. The tenant was not represented in the transaction. The landlord was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. [mepr-show rules=”58038″]$0.53 – $0.65 SF/MO NNN; Tenant Phone: 888.744.0788[/mepr-show]

OFFICE – 2760 S. 4th AVE., TUCSON, AZ.
Arizona Department of Child Safety (DCS) has leased an 11,860-square-foot space at Madera Business Park, located at 2760 S. 4th Avenue, in South Tucson. The Premises will be used for providing services of the Department of Child Safety. They are scheduled to open for business July 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Rob Glaser, SIOR, CCIM, of Cushman & Wakefield | PICOR, represented the Tenant. [mepr-show rules=”58038″]$16.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 2840 E. SKYLINE DR., TUCSON, AZ.
UBS Financial Services, Inc. leased 11,314-square-feet at 2840 E. Skyline Drive, Suite 200 in Tucson from Plaza Colonial Development Limited Partnership. Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and John Yarborough with Romano Real Estate Corporation, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.750.7500[/mepr-show]

INDUSTRIAL – 4011 E. COLUMBIA AT., TUCSON, AZ.
Surfacenet, LLC, dba SolidSurface.com, leased 11,250-square-feet at 4011 E. Columbia St., Suite 105 in Tucson from Dybvig White Mountain, LLC.  Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Gordon Wagner with Coldwell Banker, represented the tenant in this transaction. [mepr-show rules=”58038″]$0.45 SF/MO Modified Gross; Tenant Phone: 520.715.3007[/mepr-show]

OFFICE – 710 S. CAMPBELL AVE., TUCSON, AZ.
Danville Services of Arizona has leased 6,800-square-feet of office space at 710 S. Campbell Ave. from The Roof Family Trust. The tenant was represented by Ian Stuart with CBRE’s Tucson office. The landlord was represented by Gary Best with Keller Williams Southern Arizona. [mepr-show rules=”58038″]Tenant Phone: 520.327.9889[/mepr-show]

OFFICE – 4031 E. SUNRISE DR., TUCSON, AZ.
Fidelity Brokerage Services LLC has leased 3,883-square-feet of office space at 4031 E Sunrise Dr., La Paloma Office Center, from Sunrise HDS LLC. The tenant was represented by Ryan Timpani with Colliers International’s Scottsdale office. The landlord was represented by David Montijo and Bruce Suppes with CBRE’s Tucson office.

OFFICE – 177 N. CHURCH AVE., TUCSON, AZ
Arizona Center for Disability Law has leased 3,439-square-feet of office space at 177 N. Church Avenue from TA Building Corp. The tenant and landlord were represented by Buzz Isaacson with CBRE’s Tucson office. [mepr-show rules=”58038″]$17.00 SF/YR Full Service; Tenant Phone: 520.327.9547[/mepr-show]

INDUSTRIAL – 2420 W. RUTHRAUFF RD., TUCSON, AZ
Red Hawk Fire & Security, LLC leased 2,635-square-feet at 2420 W. Ruthrauff Rd., Suite 160 in Tucson from Presson Scottsdale, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Tim Healy and Bob DeLaney with CBRE, represented the tenant in this transaction. [mepr-show rules=”58038″]$0.63 SF/MO Modified Gross; Tenant Phone: 520.388.1100[/mepr-show]

INDUSTRIAL – 4595 S. PALO VERDE RD., TUCSON, AZ
Corbins Service Electric, LLC leased 2,400-square-feet at 4595 S. Palo Verde Rd., Suite 509 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Tim Healy and Bob DeLaney with CBRE, represented the tenant in this transaction. [mepr-show rules=”58038″]$0.37 SF/MO NNN; Tenant Phone: 602.275.8500[/mepr-show]

RETAIL – 15310 N. ORACLE RD., TUCSON, AZ
CM Land has leased 2,000-square-feet of space at Golder Ranch Plaza for a Chuy’s Restaurant from Golder Ranch Retail Center LLC. The tenant was represented by Pete Villaescusa and Jesse Peron with CBRE’s Tucson office. The landlord was represented by Kevin Volk and Dave Hammack with Volk Company. [mepr-show rules=”58038″]$14.00 SF/YR NNN[/mepr-show]

OFFICE – 3573 E. SUNRISE RD., TUCSON, AZ.
Stewart Title & Trust of Tucson has leased 1,917-square-feet of office space at 3573 E. Sunrise Dr., La Paloma from DHS Property Investments. The tenant and landlord were represented by David Montijo and Bruce Suppes with CBRE’s Tucson office. [mepr-show rules=”58038″]$22.00 SF/YR Full Service; Tenant Phone: 520.327.7373[/mepr-show]

INDUSTRIAL – 1870 W. PRINCE RD., TUCSON, AZ.
AAA Driving School Corporation leased 1,440-square-feet at 1870 W. Prince Rd., Suite 6 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]$0.72 SF/MO Industrial Gross; Tenant Phone: 520.343.2834[/mepr-show]

RETAIL – 901 – 935 W. PRINCE RD., TUCSON, AZ.
Command Center, Inc. has leased a 1,400-square-foot space at Prince & Fairview Plaza, located on the SW corner of Prince Rd and Fairview Ave. The Premises will be used as an office providing temporary and on demand staffing solutions. They are scheduled to open for business July 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. [mepr-show rules=”58038″]$8.00 SF/YR NNN; Tenant Phone: 520.887.0961[/mepr-show]

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