Tucson Lease Report – April 21 – 25, 2014

Tucson Lease Report
Tucson Lease Report

The following Tucson lease report came from leases reported to us for the week April 21-25, 2014 in the Tucson metro area, including Sierra Vista this week.

OFFICE – 2301 N. FORBES BLVD., TUCSON
SolarCity leased 11,656 square feet at 2301 N. Forbes Blvd., Suite 105 in Tucson from Broadbent Square, LLC.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR and John Grady with Cushman & Wakefield of Arizona, Inc. represented the tenant. Dave Gallaher with Tucson Industrial Realty, LLC represented the landlord in this transaction. [mepr-show rules=”58038″]$0.55 – $0.65 SF/MO NNN; 520-855-7625[/mepr-show]

INDUSTRIAL – 3700 E. COLUMBIA, TUCSON 
PharMerica Mountain, LLC renewed their lease for 10,686 square feet at 3700 E. Columbia, Suite 100 in Tucson from Holualoa Columbia Industrial, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Michael England with Avision Young-Dallas, LLC represented the tenant in this transaction. [mepr-show rules=”58038″]520-745-0025[/mepr-show]

OFFICE – 2363 E. FRY BLVD., SIERRA VISTA
H&R Block has leased a 3,760 sq.ft. 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 an office offering tax preparation and CPA services. They are scheduled to open for business September 2014.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Lee Cory, of Long Realty, represented the Tenant. [mepr-show rules=”58038″]520-458-3331[/mepr-show]

INDUSTRIAL – 220 E. 27th ST., TUCSON
Henry Tusinski leased 1,740 square feet at 220 E. 27th Street, Suite D in Tucson from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]$0.50 SF/MO Industrial gross[/mepr-show]

OFFICE – 6039 E. GRANT RD., TUCSON 
Nguyen & Tarbet, LLC renewed their lease for 1,312 square feet at 6039 E. Grant in Tucson from Gegay Investments.  Tom Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Newton Lim with Redscape Realty represented the tenant in this transaction. [mepr-show rules=”58038″] 520-731-1364[/mepr-show]

OFFICE – 333 E. WETMORE, TUCSON
Brown & Caldwell leased 1,311 square foot at 333 E. Wetmore, in Tucson from WCCP Tucson West, LLC, PEA Enterprises, LLC and PVP Investments, LLC.  Principals Tom Nieman, Office Specialist, Russell W. Hall, SIOR, GSCS, and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant. Phil Skillings with West Commercial Real Estate Advisors represented the landlord in this transaction.[mepr-show rules=”58038″] $23/SF/YR Full Service; 520-624-5744[/mepr-show]

OFFICE – 1955 W. GRANT RD., TUCSON
St. Cloud Mining Company leased 1,280 square feet at 1955 W. Grant, Suite 200 in Tucson from Westgrant Limited Partnership.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 4155 W. INA RD., TUCSON
Disabled American Veterans, Tucson Chapter No. Four, Inc. leased 1,200 square feet at 4155 W. Ina, Suite 131 in Tucson from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1955 W. GRANT RD., TUCSON
Maureen Erhardt, CPA, PC leased 1,085 square feet at 1955 W. Grant, Suite 165 in Tucson from West Grant Limited Partnership.  Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]520-918-1040[/mepr-show]

OFFICE – 4500 E. SPEEDWAY BLVD., TUCSON
Voice Holdings, Inc. leased 1,067 square feet at 4500 E. Speedway, Suite 5 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″] $0.41 – $0.53 SF/MO NNN[/mepr-show]

INDUSTRIAL – 4575 S. PALO VERDE RD., TUCSON
Milcon Construction leased 925 square feet at 4575 S. Palo Verde, Suite 353 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″] $0.50 SF/MO NNN; 631-756-9530[/mepr-show]

INDUSTRIAL – 220 E. 27th STREET, TUCSON
Brian Harrison leased 900 square feet at 220 E. 27th St, Suite B in Tucson from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]$0.50 SF/MO Industrial gross[/mepr-show]




FWC Supply Opens First Showroom & Distribution Space in Tucson Market

CBRE Negotiates 52,346-Square-Foot Industrial Lease in Tucson, Ariz.

FWC Lease
6701 S MIdvale Park Rd, Tucson

Tucson, Ariz. – CBRE has negotiated the lease of a 52,346-square-foot industrial building at Midvale Park Commerce Center located at 6701 S. Midvale Park Rd. in Tucson, Ariz.

Bill Di Vito and Jesse Blum with CBRE’s Tucson office negotiated the lease on behalf of the landlord, 6701 S. Midvale Park LLC. Mesa, Ariz.-based FWC Suppy was represented by Dave Collins of COBE Real Estate.

“We have definitely seen user interest pickup significantly over the last few quarters. As our local economy continues to improve, major companies are looking at Tucson as a place to expand or locate,” said CBRE’s Di Vito. “FWC’s entrance into the market is a perfect example of this trend. Prior to this lease, the company was servicing Tucson out of metro Phoenix with anywhere from 5 to 10 trucks a day. It just made sense to expand to a physical location in the market.”

A leader in the plumbing supply company, FWC will utilize the space as a showroom and distribution center. This lease marks the company’s entrance into the Tucson market. The plumbing wholesaler, which is a member of the Farnsworth family of companies, anticipates hiring approximately 50 to 75 people for the 52,246-square-foot facility.

Built in 1983, the building is situated on 7.25 acres with proximity to the I-19 Freeway. The property features 20,000 square feet of two-story office space in addition to 32,346 square feet of warehouse space, providing FWC ample room for a product showroom as well as distribution facilities.

Di Vito and Blum should be reached at (520) 323-5100 for more information.

 




TUCSON LEASE REPORT April 14 – 18, 2014

Tucson Lease Report
Tucson Lease Report

The following Tucson leases were reported to the Real Estate Daily News for the week April 14- 18, 2014.

MANUFACTURING – 3781 N. HIGHWAY DR., TUCSON
QRP, Inc. leased 15,000-square-feet at 3781 N. Highway Dr. in Tucson from Daveck Properties, LLC. Ron Zimmerman, Commercial Specialist, with Cushman & Wakefield | PICOR represented the landlord. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR represented the tenant in this transaction.[mepr-show rules=”58038″]Tenant Phone: 520-790-3533 [/mepr-show]

OFFICE – 6296 E. GRANT RD., TUCSON
Edmund Optics has leased a 6,171-square-foot space at Wilmot Professional Plaza, located on Wilmot Rd, just south of Grant Rd. The Premises will be used as an office for research and development. They are scheduled to open for business July 2014. Andy Seleznov, CCIM, Director of Leasing at Larsen Baker represented the landlord and Peter Douglas of Cushman & Wakfield | Picor represented the tenant. [mepr-show rules=”58038″] Tenanat Phone: 520-514-2572 [/mepr-show]

OFFICE – 201 N. BONITA AVE., TUCSON
KB Home Tucson has leased 4,683-square-feet of office space at Rio Nuevo Professional Plaza located at 201 N. Bonita Ave. in Tucson. The tenant was represented by Rob Waller with CBRE’s Los Angeles office and Jeff Casper with CBRE’s Tucson office. The landlord, RNPP LLC, was represented by David Montijo also with CBRE’s Tucson office. [mepr-show rules=”58038″] $21.00 SQ FT/YR full service; Tenant Phone: 520-622-2919 [/mepr-show]

RETAIL – 1011 N. TYNDALL AVE, TUCSON
Debbie Heslop, CCIM, of Volk Company represented Core Campus Tucson I LLC in its lease of 3,000-square-feet in The Hub at Tucson to Zi Quan Lu, who plans to open Sushi Station 1 in the space. The Hub at Tucson is a 592-bed high rise student housing community currently under construction near the U of A campus at 1011 North Tyndall Avenue. The project will feature 7,000 square feet of ground level retail space. Jason Wong of Crestline Properties represented the tenant.

MEDICAL – 6565 E. CARONDELET DRIVE, TUCSON
Sonora Quest Laboratories, LLC renewed their lease for 2,847-square-feet at 6565 E. Carondelet Drive in Tucson from Tucson II MOB Owner, LLC. Tom Knox, SIOR, and Rick Kleiner, MBA Principals and Office Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. [mepr-show rules=”58038″] $21 – 22.00 SQ FT/ YR full service; Tenant Phone: 520-751-0904[/mepr-show]

OFFICE – 12470 RANCHO VISTOSO, TUCSON
Agnico Eagle USA Limited of Toronto, Ontario, Canada, a leading international gold producer, with mines and exploration properties in Canada, Finland, Mexico and the United States has leased 2,595-square-feet of office space at 12470. Rancho Vistoso in Tucson. CBRE’s Jeff Casper and David Montijo represented the landlord, OV Office. The tenant was represented by Esther Empens of Tierra Antiqua Realty in Tucson.

RETAIL – 1551 ST. MARY’S RD., TUCSON
Jerry Bob’s restaurant has leased 2,450-square-feet of retail space at St. Mary’s Plaza at the southeast corner of St Mary’s and Silverbell. The tenant was represented by Peter Villaescusa and Jesse Peron with CBRE’s Tucson office. The landlord, Tucson St. Mary’s Plaza LLC, was represented by Dave Hammack with the Volk Company. Jerry Bob’s is expected to open at this location this summer. [mepr-show rules=”58038″] Tenant Phone: 520-807-5717[/mepr-show]

OFFICE – 4501 SUNRISE DR., TUCSON
Fairway Independent Mortgage Corp. has leased 2,433-square-feet of office space at La Paloma Office Center located at 4501 Sunrise Dr. in Tucson. David Montijo with CBRE’s Tucson office represented the mortgage lender in the transaction. Montijo, along with Bruce Suppes, also of CBRE, represented the landlord, Sunrise Holdings LLC, as well. [mepr-show rules=”58038″] $19.50 SQ FT / YR NNN; Tenant Phone: 520-760-7335 [/mepr-show]

OFFICE – 3561 E. SUNRISE DR., TUCSON
Imus Wilkinson Investment Management has leased 2,253-square-feet of office space at La Paloma Corporate Center located at 3561 E. Sunrise Dr. in Tucson. CBRE’s Jeff Casper and David Montijo represented the landlord, La Paloma Corporate Center LLC, in the transaction. The tenant was represented by Tony Reed and Tim Harris with Long Realty. [mepr-show rules=”58038″] $19.50 SQ FT/YR NNN; Tenant Phone: 520-777-1911 [/mepr-show]

OFFICE – 6261 N. LA CHOLLA BLVD., TUCSON
Ideal Rehabilitation LLC has leased 2,092-square-feet of medical office space at La Cholla Medical Center located at 6261 N. La Cholla Blvd. in Tucson. CBRE’s David Montijo and Jeff Casper represented the landlord, HTA-Tucson Medical Office LLC, while the tenant was represented by Justin Horowitz of Sperry Van Ness. [mepr-show rules=”58038″] Tenant Phone: 520-398-6670 [/mepr-show]

WAREHOUSE – 305 S. EUCLID, TUCSON
Moog Inc., Space and Defense Group, a worldwide designer, manufacturer, and integrator of precision motion control products and systems leased 1,875-square-feet at 305 S. Euclid, Suite 105 in Tucson from Pascoe Investment-Arizona, LLC. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″] $0.75 SQ. FT/MO modified gross [/mepr-show]

WAREHOUSE – 1870 W. PRINCE RD, TUCSON
SD Media leased 1,440-square-feet at 1870 W. Prince, Suite 8 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″] Asking rents: $0.50 – $0.68 SQ FT /MO gross; Tenant Phone: 520-203-8425 [/mepr-show]

RETAIL – 345 E. CONGRESS, TUCSON
Planet Smoothie leased 1,000-square-feet at 345 E. Congress in Tucson from Tucson Properties 1, LLC. Aaron LaPrise, Retail Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction.
[mepr-show rules=”58038″] $25.00 SF / YR NNN [/mepr-show]

OFFICE – 5823 N. ORACLE RD., TUCSON
Arizona Auto Savings, new car purchasing and leasing, leased 990-square-feet in Placita del Norte at 5823 N. Oracle in Tucson from CAS Real Property, LP. Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]  Tenant Phone: 520-888-8877 [/mepr-show]

RETAIL – 5618 E. BROADWAY BLVD., TUCSON
Bert Layne Jewelers leased space at 5618 E. Broadway in Tucson from Broadway-Craycroft, LLC. Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.
[mepr-show rules=”58038″]  Phone: 520-747-9947 [/mepr-show]

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