5151 E. Broadway Tower Reaches New Highs in 2019

A jump in occupancy of 10% over last year.

Tucson, AZ — 5151 E. Broadway | Kent Circle Partners (Scott Seldin, President), announces three new tenants, five renewals, and a significant uptick in traffic from out of state companies. Verifone, Inc. has leased a 13,196-square-feet, Williams Sound, LLC 2,851-square-feet, and Dean Alan Architects, PLLC 1,837-square-feet. Richard M. Kleiner and Thomas J. Nieman, Cushman & Wakefield | Picor Real Estate Services represented the owner in 2019’s new transactions and renewals totaling 38,941-square-feet.

Verifone, Inc. will occupy their full-floor offices on November 1st. Verifone is a leading global provider of payment and commerce solutions, and is building a customer support center in the space to provide first-class global customer service operations. David Montijo, CBRE Tucson and Stephen Salomon, CBRE affiliate Broker represented the tenant in this transaction.

Williams Sound, LLC is moving in the building early September. They have served professional communication needs worldwide since 1976. Offering digital, FM, infrared and induction loop wireless audio, as well as video annotation, presentation and conferencing systems. Dave Blanchette, NAI Horizon Real Estate represented the tenant in this transaction.

Dean Alan Architects, PLLC occupied their 10th floor space September 1st. They are full service, woman owned firm, providing architectural services, including site planning, program development, building design, owner’s representative services, sustainability services, construction administration, and interior design. Robert Davis Partner, Tango Commercial Real Estate represented the tenant in this transaction.

To date, 2019 renewals have reached 14,215-square-feet. Dr. Brian Walker, Stantec, Lesher and Corradini PLLC, AccentCare and Mayfield Financial have renewed and or expanded.

The lobby at 5151 E. Broadway is the next upgrade project expected to be completed early 2020. This is following a two-year, 8 million-dollar, renovation program.

Kent Circle Partners | Seldin Real Estate, Inc. of Scottsdale (Scott Seldin, President) – The privately owned commercial real estate and investment company maintains holdings in retail, office, apartments and land. Kent Circle Partners specialize in acquiring high-quality mixed-use real estate assets.




Tucson Lease Report September 2-6, 2019

Tucson Lease Report Sept. 2-6, 2019

CBRE highlights this week’s Tucson Lease Report for industrial and retail  leases.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from September 2 thru 6, 2019.

INDUSTRIAL – 3741 I-10 E.B. FRONTAGE RD., TUCSON
Hillyard, Inc. leased a 3,360-square-foot industrial space located at 3741 I-10 E.B. Frontage Rd. #109, from Peacock Investment Builders. Jesse Blum and Amy Dattilo-Cavallaro of CBRE’s Tucson office represented the tenant.

RETAIL – RIO VERDE VILLAGE, 3570 N CRAYCROFT RD., TUCSON
JPMorgan Chase Bank leased 3570 N. Craycroft Road to open a branch in 2020, from Beach City Tucson Bakery, LLC. The property is a 3,855-square-foot building, formerly Kneader’s Bakery in the Rio Verde Village development. Nancy McClure of CBRE’s Tucson office handled the transaction. 

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Tucson Lease Report August 26-30, 2019

Tucson Lease Report Aug. 26-30, 2019

This week’s Tucson Lease Report highlights a 20,388 SF of seasonal space leased to Spirit Halloween Superstores by Greg Furrier and Dave Hammack of Cushman & Wakefield | Picor and two first leases handled by a new member of the David Lee Real Estate Company, Cameron Lee.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Aug. 26 thru 30, 2019.

RETAIL – 2930 N CAMPBELL AVE., TUCSON
Spirit Halloween Superstores, LLC leased 20,388-square-feet of retail space in Campbell Plaza from DSW Commercial Real Estate. Spirit Halloween is a seasonal, specialty retail store that supplies Halloween decorations, costumes, props and accessories. During the Halloween season, Spirit Halloween will be located at 2930 N. Campbell Ave. on the northeast corner of Campbell Ave. and Glenn St. in Tucson. Greg Furrier and Dave Hammack, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1668 S RESEARCH LOOP, TUCSON
GoBrands, Inc. leased 7,346-square-feet of industrial space in Clairemont Plaza, 1668 S. Research Loop, Suite 344 in Tucson, from Clairemont Partners, LLC. Principal, Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 1704 W ANKLAM RD., TUCSON
AKDHC, LLC renewed their lease with St. Mary’s MOB, LLC for 6,887-square-feet of office space (Suite 107) located in St. Mary’s Medical Plaza II, 1704 W. Anklam Rd. in Tucson.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Fletcher Perry with Kidder Mathews, Inc., represented the tenant.

OFFICE – 2625 N CRAYCROFT RD., TUCSON
AOR Management Company of Arizona, LLC leased 3,118-square-feet of office space, located at 2625 N. Craycroft Rd. in Tucson, from Tucson Medical Center, Inc.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Bruce Suppes and David Volk with CBRE, Inc. represented the tenant.

RETAIL – NE CORNER of W 16th ST and S 4th AVE., YUMA
Starbucks Corporation leased retail space from PMG Partnership, LLC in Yuma, AZ., for a to-be constructed 2,800-square-foot Starbuck Coffee Company location.  The selected site will be on the northeast corner of W. 16th St. and S. 4th Ave. in Yuma.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 3501 E SPEEDWAY BLVD., TUCSON
JaniKing of Tucson renewed their lease with Monte V, LLC for 2,597-square-feet of office space in the Monte V Corporate Center, 3501 E. Speedway Blvd., Suite 275 in Tucson.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3961 E SPEEDWAY BLVD., TUCSON
MSE Supplies, LLC leased 2,315-square-feet of industrial space in Central Point Business Plaza, 3961 E. Speedway Blvd., Suites 414-415 in Tucson, from Central Point Tucson, LLC. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3250 S DODGE BLVD., TUCSON
Otpicslah, LLC leased 2,085-square-feet of industrial space in the South Dodge Business Center, 3250 S. Dodge Blvd., Suite 7 in Tucson, from Presson Corporation.  Principal, Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 3439 E SPEEDWAY BLVD., TUCSON
Tucson Bankruptcy and Family Law leased 2,000-square-feet upstairs at 3439 E Speedway Blvd in Tucson.  The tenant was self-represented, while the landlord, David Lee, was represented by Cameron Lee of David Lee Real Estate Co., LLC on the transaction.

RETAIL – 6021 N ORACLE RD., TUCSON
TTKM, LLC, d/b/a Nail Boutique, leased 1,491-square-feet of retail space, located in Placita del Oracle, 6021 N. Oracle Rd., Suite C in Tucson, from PP Two, Inc. Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 850 E OHIO ST., TUCSON
Bronco Creek Exploration, Inc. leased 1,390-square-feet of industrial space at 850 E. Ohio St., Suite 18 in Tucson, from RRL, Inc. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3608 N ORACLE RD. TUCSON
AZ Custom Tees leased 1,250-square-feet of retail space for the sale of custome clothing and related services at 3608 N. Oracle Road, in the Oracle and Prince Shopping Center. The tenant was self-represented while the landlord, David Lee, was represented by Cameron Lee of DLRE Co., LLC.

INDUSTRIAL – 3780 E 44th ST., TUCSON
Thomas Whaples leased 1,100-square-feet of industrial space from RR 44, Inc. in the 44th Street Business Park, 3780 E. 44th St., Suite 120 in Tucson. Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 5375 E ERICKSON DR., TUCSON
Neonatal Specialists leased 1,074-square-feet of office space in Tucson Medical Park, 5375 E. Erickson Dr. (Building G, Suite 103) in Tucson, from TMC Holdings, Inc.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2350 N KIBLER PL., TUCSON
Pima Medical Society leased 1,007-square-feet of office space in Tucson Medical Park, 2350 N. Kibler Pl. in Tucson, from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 2112 N DRGOON ST., TUCSON
Borderlands Trailer Sales, Inc. leased 1,000-square-feet of industrial space at 2112 N. Dragoon St., Suite 11 in Tucson, from Rich Rodgers South, Inc.  Max Fisher, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

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