Gracie Barra, Global Jiu Jitsu School Negotiates Long-Term Lease

Gracie BarraRetail Users’ Demonstrate attraction to Industrial Space

SCOTTSDALE, AZ – Cushman & Wakefield of Arizona, Inc. negotiated a creative, long-term lease for an international martial arts client, finding it a new home in an industrial building. The lease is part of an overall trend for destination retail users to select more cost-effective industrial space.

Gracie Barra, a global Brazilian Jiu Jitsu school, signed a long-term lease for 4,486 square feet at 16033 N. 77th St., Suite B and took occupancy this month. It is the first location in the Valley for Gracie Barra, which has schools in Tucson and Flagstaff. Gracie Barra offers advanced programs, black belt programs, fundamental programs, future champions programs, women’s programs and private training.

“It’s interesting to see retail tenants transitioning into industrial complexes,” said Keri Scott, Associate with Cushman & Wakefield’s Industrial Properties group. “It’s a more cost-effective way for retail tenants to still be successful in an aggressive market like Scottsdale. This market in particular, has a lack of retail product. Destination retail users are not as reliant on pedestrian traffic and street-front visibility, so these industrial options offer a great opportunity.”

Retail sales and retail leasing in Scottsdale have been very active since the beginning of the year. Four of the top five retail sales and two of the top four leases in 2015 have taken place in the Scottsdale submarket.

Scott and Dan Casey of Cushman & Wakefield represented Gracie Barra in the transaction. The landlord, MJD Investments, LLC of Gilbert was represented by Kevin Roos of Roos Realty Partners, LLC.




Tucson Lease Report Week of August 17-21, 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 August 17 thru 21, 2015.

RETAIL – 475 W. WETMORE, TUCSON
Antique Village has leased a 6,817-square-foot space at Wetmore Plaza, located on the SW corner of Oracle Rd. and Wetmore Rd. The Premises will be used as a showroom, display gallery and retail store for the sales of antiques and related products. They are scheduled to open for business November 2015. Andy Seleznov and Melissa Lal represented the landlord, Larsen Baker.

RETAIL – BROADWAY BLVD & KOLB, TUCSON
Hooters has leased 5,200-square-feet on Broadway Blvd. just east of Kolb Rd. The Premises will be used as a restaurant/sports bar. They are scheduled to open in the summer of 2016. Andy Seleznov and Melissa Lal represented the landlord, Larsen Baker.

RETAIL – 475 W. WETMORE, TUCSON
Arizona Wholesale has leased 5,022-square-feet at Wetmore Plaza, located on the SW corner of Oracle Rd. and Wetmore Rd. The Premises will be used as a showroom, display gallery and wholesale store for kitchen and bath appliances and related custom home building products and services. They are scheduled to open for business November 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Clint Buckelew, of Buckelew Realty, represented the Tenant.

OFFICE – 3864 E 34th ST., TUCSON
Exclusive Nails Couture Professional, L.L.C. leased 3,812-square-feet at 3864 East 34th Street, Suite 109. The landlord, AP&D Investments, L.L.P, was represented by Rob Glaser of PICOR. Kevin Volk of Volk Company represented Exclusive Nails.

OFFICE – 5340 E. BROADWAY BLVD., TUCSON
H&R Block has leased 3,415-square-feet at The Plaza at Williams Centre, located on the SW corner of Broadway Blvd. and Craycroft Rd. The Premises will be used as an office offering tax preparation and CPA services. They are scheduled to open for business in the fall of 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Chris Hollenbeck of DTZ Retail, represented the Tenant.

RETAIL – 4811 E. GRANT RD., TUCSON
United Healthcare has leased 2,804-square-feet at Crossroads Festival, located on the NE corner of Grant Rd. and Swan Rd. The Premises will be used as a Medicare enrollment office, for promoting the products and businesses of UnitedHealth Group Incorporated and its affiliated companies and for related office and administrative uses. They are scheduled to open for business September 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker.

RETAIL – 901-935 W. PRINCE ROAD, TUCSON
TG Water Sports & Clearance Outdoors has leased a 2,062-square-foot space at Prince & Fairview Plaza, located on the SW corner of Prince Rd and Fairview Ave. The Premises will be used as a retail store offering sporting goods for outdoor and water sports. They are now open for business. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker.

RETAIL – 4626 E. SPEEDWAY BLVD, TUCSON
Vanessa’s Beauty Boutique and Nail Salon has leased 1,890-square-feet at 4626 E. Speedway Blvd., from Speedway Swan Plaza, LLC.  Robert Nolan of Oxford Realty Advisors handled the transaction.

OFFICE – 201 W. CUSHING ST., TUCSON
Malena Produce, Inc. subleased 1,885-square-feet at 201 W. Cushing St. in Tucson from Lizard Rock Designs, LLC.  Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant and  Ian Stuart with CBRE, represented the landlord in this transaction.

INDUSTRIAL – 6890 N. CAMINO MARTIN, TUCSON
Blue Mountain Custom Builders, LLC leased 1,500-square-feet at 6890 N. Camino Martin, Suite 130 in Tucson from Camino Martin Partners II, LLC.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 45 S. 6th AVE., TUCSON
Chicago Music Store, LLC leased 1,485-square-feet at 45 S. 6th Ave. in Tucson from Rich Rodgers Central, Inc.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 64 N. HARRISON RD., TUCSON
Arizona Computer Guru, LLC leased 1,370-square-feet at 64 N. Harrison Rd., Suite B100 in Tucson from JDJK Investments, LLP.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and Kevin Volk with Volk Company, represented the tenant in this transaction.

RETAIL – 5075 N. LA CANADA BLVD., TUCSON
Jared Grant Insurance Agency, LLC. leased 1,200-square-feet at 5075 North La Canada Boulevard, Suite C-9. The space is located within River Park Village at the northwest corner of River and La Canada. River Park Village is anchored by Albertson’s and includes co-tenants such as Snap Fitness, Whataburger, Subway, and Papa John’s. Bruce Suppes of CBRE represented the tenant. Dave Hammack of Volk Company represented the landlord, 542 Hobart-Arizona, L.L.C and Las Tunas-Arizona, L.L.C.

RETAIL – I-10 AT ORANGE GROVE RD., TUCSON
M.Y. Martial Arts has leased a 1,200-square foot space at Marana Marketplace, located on the SE corner of River Rd. and Thornydale Rd. in Marana Arizona. The Premises will be used as a martial arts studio. They are scheduled to open for business in the fall of 2015. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Lori Casey, of Oxford Realty Advisors, represented the Tenant.

RETAIL – 2359 E. COCHISE VISTA, SIERRA VISTA
Epic Smokeless, LLC has leased a 1,146-square-foot space at Cochise Plaza, located on the NE corner of Fry Blvd. and Coronado Rd. in Sierra Visa, Arizona. The Premises will be used as a retail store specializing in the sale and onsite use of electronic cigarettes and related equipment service. They are scheduled to open for business in the fall of 2015. Andy Seleznov and Melissa Lal represented the landlord, Larsen Baker.

RETAIL – 4155 W. INA RD., TUCSON
Perfectly Planned by Candida / Perfectly Inviting Invitations leased 1,060-square-feet in Regency Plaza at 4155 W. Ina Rd., Suite 141 in Marana from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 231 W. GIACONDA WAY, TUCSON
Certified Bookkeeping Group, PLLC leased 460-square-feet at 231 W. Giaconda Way, Suite 132 in Tucson from Giaconda 205 Partners, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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Phoenix Lease Report Week of August 17-21, 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 August 17 thru 21, 2015.

RETAIL – 7910-7920 W. THOMAS, PHOENIX
A lease for 9,084-square-feet in Desert Sky Station Shopping Center to Arizona Children’s Association was recently consummated.  The location of the property is 7910-7920 W. Thomas Rd., in Phoenix, AZ.  Kevin Roessler of Rein & Grossoehme represented the owner and the tenant.

RETAIL – SEC BASELINE & DOBSON RD., PHOENIX
A lease for 1,000-square-feet in Dobson Ranch Shopping Center to Mad about Dogs was recently consummated.  The location of the property is the SEC of Baseline & Dobson in Mesa, AZ. Jim Edwards of Rein & Grossoehme represented the owner.

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