TUCSON, ARIZONA, (March 17, 2025)  — Highlighted this week is a new retail lease to HFE International at 1800 S. Research Loop, handled by Stephen D. Cohen, Principal, Industrial Specialist, and Kameron Norwood, Investment Sales & Leasing Specialist, with Cushman & Wakefield | PICOR.

The following leases were reported to Real Estate Daily News from March 10-14, 2025.

INDUSTRIAL – 1800 S RESEARCH LOOP, TUCSON, 85710 – East Submarket
HFE International, LLC leased 7,650 square feet of industrial space at 1800 S. Research Loop, in Tucson from Grace Pacifica Machining LLC.  Stephen D. Cohen, Principal, Industrial Specialist and Kameron Norwood, Investment Sales & Leasing Specialist, with Cushman & Wakefield | PICOR, represented both parties.

INDUSTRIAL – 4001 S CONTRACTORS WAY, TUCSON, 85714 – South Submarket
Keller Interiors, LLC leased 3,990 square feet of industrial space at 4001 S. Contractors Way, Suite 101 in Tucson, from Paul E. and Jan S. Monson. Paul Hooker, SIOR, Principal, and Tara Kernen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Jackson Kraft with CBRE, Tucson, represented the tenant.

RETAIL – CROSSROADS FESTVAL, TUCSON, 85712 – Northeast Submarket
Larsen Baker is pleased to announce that Maple Leaf Hair Salon has leased an additional 1,950-square-foot retail shop space at Crossroads Festival, 4811 E Grant Rd, Suite 149. Isaac Figueroa, CCIM, SIOR, represented the Landlord and handled the transaction.

OFFICE  – 5671 N ORACLE RD, TUCSON, 85704 – Northwest Submarket
Becoming Well, LLC has leased 1,257 square feet at 5671 N. Oracle Road, from 5671 Investments, LLC, the landlord.  Nancy Gansline of Oxford Realty Advisors represented the Tenant and Zach Fenton of ZFI Holdings represented the Landlord in this transaction.

OFFICE – 6418 E TANQUE VERDE RD, TUCSON, 85715 – Northeast Submarket Submarket
Lighthouse Counseling & Consulting, LLC leased 500 square feet of office space at 6418 E. Tanque Verde Rd., Suite 203 in Tucson, from 6418 TV, LLC. Bobby Verenna, Office Broker with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

MEDICAL OFFICE – 1620 W ST. MARY’S RD., TUCSON, 85745 – West Submarket
AOR Management Company of Arizona, dba Arizona Oncology, renewed its lease with Redyns Development LLC for 11,036 square feet of office space at 1620 W. St. Mary’s Rd., in Tucson. Stephen D. Cohen, Principal, Industrial Specialist, and Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – BUTTERFIELD BUSINESS PARK, TUCSON, 85714 – South Submarket
Thayer Medical Corporation renewed its lease with Pegasus Tucson Owner LLC for 7,287 square feet of industrial space at Butterfield Business Park, 4575 S. Palo Verde Rd., Suite 329-351 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 1951 W GRANT RD., TUCSON, 85745 – West Submarket
Arizona Thin Films, LLC renewed its lease with Lancer La Cholla, LLC for 3,929 square feet of retail space at 1951 W. Grant Rd., Suite 190 in Tucson. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – TOWN CENTRAL BUSINESS PARK, TUCSON, 85711 – East Submarket
Eric Mineburg, dba JEM Auto Repair renewed its lease with Pegasus Tucson Owner LLC for 1,837 square feet of industrial space at Town Central Business Park, 5019 E. 29th St in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – EXCHANGE PLACE, TUCSON, 85705 – Central Submarket
Maricopa Water Processing Systems, Inc., dba Kinetico renewed its lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite A-7 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Merchants Building Maintenance, LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3200 S. Dodge Blvd., Suite 9 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to REDailyNews@outlook.com

TUCSON, Ariz. – (March 17, 2025) – CBRE’s Nancy McClure represented the landlord, K-GAM Broadway Craycroft LLC, negotiating a 33,133-square-foot retail lease of 5530 East Broadway Blvd., in Tucson, Ariz.

Savers is relocating its current store near the intersection of Broadway and Park Place Drive to a new location in the former Conn’s Home Plus building. After tenant improvements are complete, the store will open in the second half of this year. Axiom Retail Advisors from Irvine, Calif., represented Savers.

“The demand for retail property with such high visibility and accessibility is incredibly strong,” said McClure, first vice president at CBRE. “This location offers incredible exposure, paired with such a strong tenant lineup, including BJ’s Brewhouse & Restaurant, Party City, OfficeMax, and Five Guys Burgers & Fries, made this retail opportunity highly attractive.”

PHOTO:  5530 East Brodway Blvd., Tucson, AZ

TUCSON, AZ (March 12, 2025) — Kameron Norwood with Cushman & Wakefield | PICOR handled the sale of the office building at 990 East Seventeenth Street and 990 S Freemont Avenue in Tucson for $1.25 million ($291 PSF), fully leased to two tenants. The corner building has two addresses and closed on February 14, 2025.

990 East Seventeenth is the re-adaptation of an existing repair shop into a 4,292-square-foot modern professional office building. Taking advantage of the efficient and open structure, a unique office space is created to serve design-oriented users.

The 1978 original building was stripped down to its steel frame. In place of the existing standard metal building panel, a new skin of lightweight aluminum panels forms a rain screen over a heavily insulated wall system. A bright white roof with high R-value encloses the building with south-facing shaded monitor skylights at each of the four bays. Each of the original 10’x10’ roll-up doors along the north façade are replaced with clear glass to provide views to the landscaped courtyard and mountains beyond. Additional apertures are inserted along the East and West of the building to expose hints of structure and activity inside. Along the South facade, a thin strip window runs high along the length of the building to maximize the natural lighting possibilities within the interior while minimizing the impact of the sun.

Inside, an undulating wood slat ceiling—think violin—creates an organic, flowing space that provides spatial interest and acoustic relief. A shared restroom core at the center of the building frees up interior space for each tenant to create a plan to suit their needs. Outside, lush desert landscaping and repurposed concrete hardscape enliven the outdoor spaces throughout the site to create a virtual oasis with shade and plant color.

The building celebrates sustainability. Underground rainwater harvesting tanks provide water for landscaping and the six large community garden beds. Passive solar techniques keep the building comfortable throughout the year and solar panels provide the extra electricity needed on site, complete with EV charging station on site.

The building plays off its neighbors, including other award-winning projects by Rob Paulus Architects: to the north, the re-adaptation of the Ice House and Cold Storage Building into the successful Ice House Lofts, and to the east, the popular Barrio Metalico residential development. This third project completes the block with complementary design and a common sensitivity to smart urban development. Rob Paulus Architects and R+R Development are housed in the building.

990 East Seventeenth Street was sold by R&R 17th Street, LLC, Rob Paulus and Randi Dorman, members.

The buyer, Scott A Mary, is an investor from Bend, Oregon.

For more information, Norwood should be reached at 520.546.2792.

To learn more, subscribers can refer to RED Comp #11758.

PHOTO: 990 E. Seventeenth Street & 990 S. Fremont Ave., Tucson