INDUSTRIAL SPACE – 3850 E. 44th Street, Tucson
Aguirre Enterprises of Nogales, AZ leased 20,364 sq. ft. at 3850 E. 44th Street in Tucson from CJ Southwest Property Partners, LLC for a wheel and tire warehouse dba California Tire Store. Stephen Cohen and Russ Hall, Principals and Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled this transaction.

INDUSTRIAL SPACE – 2155 N. Forbes Boulevard, Suite 104, Tucson
Trane U.S. renewed their 16,795 sq. ft. lease at 2155 N. Forbes Boulevard, Suite 104 in Tucson from Forbes Tucson, LLC. Rob Glaser, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the Landlord in this transaction.

INDUSTRIAL SPACE – 845 E. Ohio, Suite 109, Tucson
AAA Old Pueblo Moving and Storage leased 10,000 sq. ft. at 845 E. Ohio, Suite 109 in Tucson from 845 Ohio, LLC. Brandon Rodgers, CCIM, Industrial Specialist, Russ Hall, Industrial Specialist and Stephen Cohen, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord and Rob Fischrup with Vast Commercial represented the tenant.

INDUSTRIAL SPACE – 3837 E. 37th Street, Tucson
Record Energy Concepts, Inc., a heating and cooling service company, leased 3,750 sq. ft. of warehouse space at 3837 E. 37th Street in Tucson from Bob’s Thirty-Seventh Street Property, LLC. Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord in this transaction

INDUSTRIAL SPACE – 3819 S. Evans Boulevard, Suite 303, Tucson
Earth Song Botanicals / New Star Nootropics of Tucson leased 930 sq. ft. at Ajo/Evans Business Park – 3819 S. Evans Boulevard, Suite 303, in Tucson from Ajo/Evans Business Park, LLC. Pat Welchert, SIOR, Industrial Specialist and Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the landlord in this transaction.

RETAIL SPACE – 1870 W. Prince Road, Suite 3, TUCSON
Darin & Diana Weathersby, DBA Affordable Windows of Tucson, leased 1,440 sq. ft. at 1870 W. Prince Road, Suite 3 in Tucson from Presson Corporation. Rob Glaser, Principal, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord and Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the tenant.

FLEX SPACE – 4500 E. Speedway, Tucson, AZ
The following businesses leased and renewed space at 4500 E. Speedway from Presson Midway, LLC: CQR Holdings, LLC leased 1,067 sq. ft. in suite6. Visual Images Production, Inc leased 1,600 sq. ft. in suite 8. Sushi Ten leased 3,100 sq. ft. in suites 1& 2. Universal Protection Service leased 958 sq. ft. in suite 2A and 1,620 sq. ft. to Nails to Go Go in suite 87. Rob Glaser, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled these transactions.

TENTATIVE OFFICE LEASE – 100 N STONE AVE, TUCSON
Gangplank of Tucson, an Arizona nonprofit that fosters creative, collaborative and entrepreneurial working environments reports it is about to finalize negotiations with an affiliate of Holualoa Companies for an 8,000 sq. ft. in the Pioneer Building at 100 N Stone Ave. with free rent for the first six months from the landlord and help from supporters. The nonprofit has also applied for financial assistance from the City of Tucson for economic development program.

To submit your leases or sales email [email protected]

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Dunkin Donuts franchisee, Campbell Tucson Retail, LLC of Chandler, AZ (J. Aaron Klusman, manager) exercised a purchase option on the restaurant at 2553 N Campbell Ave. in Tucson[mepr-show rules=”58038″]for $575,000 ($336 PSF) after doing a complete reconstruction of the former Los Alazones Mexican Food restaurant. The 1,712 sq. ft. building was originally built in 1970 as a What-A-Burger and is located northwest of Campbell and Grant. The sellers were Edward E Colson and Karen Jeanne Colson, Trustees of the Colson Family Trust of Carlsbad, CA.

As part of a double escrow, also on March 22nd, Campbell Tucson Retail resold the property to Ronnie and Judith Green of Aurora, CO in a sale leaseback agreement with the franchisee for $1.25 million and undisclosed terms.

The new Dunkin Donuts is to open Saturday, March 30th. The building has been completely transformed from the original structure that was razed down to the slab and one wall, as the before and after photos indicate. The transformation to the entire city block is a dramatic one. The franchisee owns other Dunkin Donuts and / or coffee shops in the Phoenix and Las Vegas markets. This is its first store to open in Tucson.

Rick Borane of Volk Company in Tucson handled the lease and purchase option with sale for the franchisee.

To contact Borane call (520) 326-3200. Klusman is at (602) 774-3300.

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Tucson-based Modular Mining Systems, Inc. (a wholly-owned subsidiary of Komatsu America Corporation) recently purchased the 31,100 sq. ft. office building at 3285 E. Hemisphere Loop in an all-cash transaction totaling approximately[mepr-show rules=”58038″]$2.2 million ($71 PSF). The single-story, Energy Star-rated facility, situated on 277 acres in the Tucson International Business Park, formerly housed the US Drug Enforcement Administration (DEA). The DEA vacated the building in a consolidation move to its other location at 6970 S. Palo Verde Rd.

The seller, GPT Properties Trust, David Blackman, President; is a self-managed, self-administered real estate investment trust (REIT), and an affiliate of Government Properties Trust, Inc. (NYSE:GOV).

Scott Baker, VP of Support Services at Modular commented, “Over the next several months, we will remodel both our current 50,000 sq. ft. building (at 3289 E. Hemisphere Loop) and the new facility, to create a unified, campus-like environment.” Baker continued, “We needed more space to accommodate the expansion of our software and hardware development groups. With this in mind, we considered various options, such as building on land we already own, moving to a larger space in another location, or buying the empty facility next door. After evaluating the pros and cons, the latter option won out as being best for us. The old DEA building hasn’t been renovated since 1993 so we have plenty of work ahead, but we’re pleased with our decision.”

Founded in 1979, Modular Mining Systems, Inc. developed and brought to market the DISPATCH® fleet management system. With configurable hardware and software, this groundbreaking technology optimized the assignment of trucks to loading and dumping points in an open-pit mine and produced operating reports during the shift. Using this early success as a springboard for further innovation, Modular went on to develop the IntelliMine® mine management solution.

DISPATCH, ProVision®, MineCare®, and MineAlert™, comprise IntelliMine,addressing the big picture areas of operations, planning, maintenance, and safety. Powerful reporting and maintenance management tools integrate seamlessly and provide mines with the tools they need to carefully manage operations at all times. With more than 220 installations worldwide, IntelliMine is the mining industry’s solution of choice.

Tim Healy of CBRE in Tucson handled the transaction.

[mepr-show rules=”58038″]Contact Baker at (520) 746-9127. Blackman can be reached at (617) 219-1440. Healy is at (520) 323-5119.[/mepr-show]