TUCSON LEASE REPORT – NOVEMBER 4-8, 2013

Real Estate Daily News RETAIL – 3682 W. ORANGE GROVE, MARANA
Conn’s has leased a ± 40,000 sq. ft. space at Marana Marketplace, 3682 W. Orange Grove, Tucson located on the SE corner of Orange Grove Rd. and Thornydale Rd. in Marana Arizona. The premises will be used as a retail store for the sales of home appliances, consumer electronic, home and office furniture, mattresses and other home/office and related products and accessories. They are scheduled to open for business in the spring of 2014. Andy Seleznov, CCIM, Director of Leasing at Larsen Baker represented the landlord. Nancy McClure with CBRE’s Tucson office represented the tenant.

RETAIL – 3682 W. ORANGE GROVE, TUCSON
The Guitar Center has leased a 11,412 sq.ft. space at Marana Marketplace Shopping Center, 3682 W. Orange Grove, Tucson, located on the southeast corner of Orange Grove & River. The Premises will be used for the sale, rental, and repair of musical instruments. They are scheduled to open for business in the third quarter of 2014. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Regan Amato, of Phoenix Commercial Advisors represented the Tenant.

[mepr-show rules=”58038″]$14 -35 psf (Annual), NNN[/mepr-show]

OFFICE – 698 E WETMORE, TUCSON
Dermatology and Plastic Surgery of Arizona, LLC leased 2,470 square feet of medical office at 698 E. Wetmore Road,#310 Tucson, from First Ave./Wetmore Office Plaza, LLC. Andrew Sternberg of Oxford Realty Advisors handled the transaction.

[mepr-show rules=”58038″]Phone  to reach tenant- 520-458-1787[/mepr-show]

OFFICE / MEDICAL – 3395 N. CAMPBELL, TUCSON
Dr. Charles B. Evans leased a 2,550-square-foot medical office space at Rillito Corporate Park, 3395 N. Campbell Ave. Dr. Tucson. Evans is a Scottsdale-based internalist and men’s health specialist. This is the second practice location for the tenant, who plans to take occupancy in early November. David Montijo with CBRE’s Tucson office represented the landlord, Sante Fe, N.M.-based H.P. Enterprises LP. Alan Laulanien with Coaction Group LLC in Phoenix represented the tenant.

[mepr-show rules=”58038″]Tenant’s Phone – 480-588-6924[/mepr-show]

RETAIL – THE TUCSON PLACE SHOPPNG CENTER
College Vapor has leased a 2,167 sq.ft. Space at The Tucson Place Shopping Center, located on the NW corner of First Ave. & Wetmore Rd. Tucson. The Premises will be used as a store specializing in the sale and on-site use of if electric cigarettes and related equipment. They are scheduled to open for business October 2013. Andy Seleznov, CCIM, Director of Leasing at Larsen Baker handled the transaction.

RETAIL / RESTAURANT – 8300 N. THORNYDALE, TUCSON
Mama’s Hawaiian Bar-B-Cue leased a 2,000 square-foot restaurant space at Cortaro Plaza, 8300 N. Thornydale Road, Suite 120, Tucson.. The new Mama’s Hawaiian Bar-B-Cue location, the third in the Tucson area, is expected to open mid-January 2014. Craig Finfrock of Commercial Retail Advisors, LLC represented both the landlord, Cortaro Investments, LLC, and the tenant, Mama’s Family Restaurants, LLC, in this transaction.

[mepr-show rules=”58038″]Phone – 520-792-2350[/mepr-show]

OFFICE – CRAYCROFT PLAZA
Youth & Families First, has leased a 1,449 sq.ft. space at Craycroft Plaza, located on Craycroft Rd., just north of Speedway Blvd. The Premises will be used as an office specializing in youth and family counseling. They are scheduled to open for business November 2013. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Nancy McClure, of CBRE, represented the Tenant.

[mepr-show rules=”58038″]Tenant Phone – 623-435-6840[/mepr-show]

RETAIL -4821 E. GRANT RD., TUCSON
Good Feet has leased a 1,268 sq.ft. space at Crossroads Festival, 4821 E. Grant, Tucson, located on the NE corner of Grant Rd. & Swan Rd. The Premises will be used as a retail store specializing in the sale of arch supports, orthotics, shoe inserts orthopedic and conform shoes and related footwear items. They are scheduled to open for business December 2013. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. Advisors handled the transaction.

[mepr-show rules=”58038″]Tenant Phone – 1-800-509-4535[/mepr-show]

OFFICE – 1611 N. WILMOT, TUCSON
1701, LLC did a 485 square foot sublease at 1611 N. Wilmot, Suite 106, Tucson, with De Benedetti & Company. Andrew Sternberg of Oxford Realty Advisors represented the Tenant and James Hardman of Desco Southwest, represented the Landlord.




TUCSON LEASE REPORT – OCT. 28 – NOV. 1, 2103

Real Estate Daily News WAREHOUSE – 1150 S. PLUMER, TUCSON

WESCO Distribution, Inc. leased 18,424-square-feet at 1150 S. Plumer in Tucson from Antonio Gonzalez.  WESCO Distribution is a leader in industrial supply with an extensive offering of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Bill Honsaker with Jones Lang LaSalle of Phoenix represented the tenant. [mepr-show rules=”58038″]Wesco can be reached at 520-623-6941[/mepr-show]

OFFICE – 4356 N. ORACLE RD., TUCSON

Aspen Dental leased 3,594-square-feet at 4356 N. Oracle Road, from Inland Diversified Real Estate Services, LLC. Aspen Dental offers contemporary cosmetic and restorative dentistry. Alan Tanner of Bourn Advisory Services, LLC represented the Landlord in the transaction. [mepr-show rules=”58038″]Aspen Dental phone: 520-886-8090[/mepr-show]

WAREHOUSE – 2539 N. BALBOA, TUCSON

RBI Worldwide, Inc. leased 3,640-square-feet at 2539 N. Balboa, Suite 115 in Tucson from Long Far Investments, LLC. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

MEDICAL OFFICE – 3395 N. CAMPBELL AVE., TUCSON

Scottsdale-based internalist and men’s health specialist, Dr. Charles B. Evans leased 2,550-square-feet at 3395 N. Campbell Ave. in Tucson, Ariz for new office space. David Montijo with CBRE’s Tucson office represented the landlord, Sante Fe, N.M.-based H.P. Enterprises LP. The tenant was represented by Alan Laulanien with Coaction Group LLC in Phoenix, Ariz.CBRE has completed a 2,550-square-foot medical office lease at 3395 N. Campbell Ave. in Tucson, Ariz.  This lease marks a second practice location for the tenant, who currently practices in Scottsdale. The tenant plans to take occupancy in early November.

The property is located in Rillito Corporate Park, which is also home to other medical related tenants like Pima Heart Phsycians. Built in 1986, Rillito Corporate Park in now 74.5 percent leased with 21,635 square-feet of vacant, available space.  “This transaction continues the trend of expanding medical users in the market,” said CBRE’s Montijo.

OFFICE – 4500 E. SPEEDWAY BLVD., TUCSON

Lonely Street Productions leased 1,600-square-feet at 4500 E. Speedway, Suite 13 in Tucson from Presson Midway, LLC. Lonely Street Productions is a full-scale national concert production company that specializes in dynamic family-friendly entertainment with broad appeal. The company has become known for bringing world-class, theatrical-style concerts to theaters, festivals, performing arts centers, and other prestigious venues all over the United States- with an emphasis on nostalgia and tribute performances. Rob Glaser, SIOR CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking rate was $0.53 NNN[/mepr-show]

RETAIL – 2071 E. IRVINGTON ROAD, TUCSON

Papa John’s Pizza leased 1,300-square-feet at The Kino Gateway Fry’s Center at 2071 E. Irvington Road, Suite 117 in Tucson from Monterey Water Company.  Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord, and Jerry Doty with Regency Business Brokerage represented the tenant in this transaction.

RETAIL – 3106 E. FT. LOWELL, TUCSON

Laura Gardiner purchased the Moodz Salon at 3106 E. Ft. Lowell Rd., Tucson in the Winterhaven Square Shopping Center and leased 1,200-square-feet from Glover Associates. Moodz Salon provides exceptional Hair Services by highly trained professionals. Relaxing Spa Facials, Gel manicures and pedicures. Come in today and let us change your Mood! Winterhaven Square is located on the southeast corner of Fort Lowell and County Club.  Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Moodz Salon is at 520-320-9407  Asking rate was $14.00 sq ft / yr[/mepr-show]

RETAIL – 668 N BISBEE AVE., WILLCOX

Russell Cellular, Inc., a Verizon Wireless Premium Retailer, has leased 1,200-square-feet at 668 North Bisbee Avenue in Willcox, Arizona. Brenna Lacey of Volk Company Commercial Real Estate of Tucson represented the Tenant. Pat Darcy of Tucson Realty & Trust Represented the Landlord, Richard and Beverly Riedel in the transaction.

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TUCSON LEASE REPORT – OCTOBER 21-25, 2013

Real Estate Daily News WAREHOUSE / OFFICE – 2106 N. FORBES, TUCSON
Western Web & Graphics, Inc., specializing in Printing and Office Supplies & Equipment, renewed their 12,052 square-foot lease at 2106 N. Forbes, Suite 104 in Tucson from MRI Saddlehorn Investment Fund II, LLC. Rob Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 4601 S. 7th AVE, TUCSON
Ramon Ross and Laura Iriqui leased 5,370 square-feet at 4601 S. 7th Avenue in Tucson from CT Industrial, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 1639 W. GRANT RD., TUCSON
Funland Express Party Rentals leased 3,600 square-feet at 1639 W. Grant from Rich Rodgers Investment, Inc. Funland Express Party Rentals offers a large variety of jumpers, bouncers, combos, water slides, obstacle courses, slides, interactive inflatables, concession machines, dulceria, piñatas, centerpieces, cakes, DJ, live music, characters, clowns, party supplies and much more. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL / OFFICE – 1870 W. PRINCE RD., TUCSON
ELM Locating & Utility Services leased 2,422 square-feet at 1870 W. Prince Road, Suites 67 & 68 in Tucson from Presson Corporation. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Alan Moore with Chapman Lindsey represented the tenant.[ismember]Exchange Place – Asking rate: $0.68 sq ft gross[/ismember]

OFFICE – 405 W. COOL DR., ORO VALLEY
ACTUS Biotechnology, a technololgy development company leased a 1,793-square-foot office lease at 405 W. Cool Dr. in Oro Valley, Ariz. The tenant, is relocating from its current space in Oro Valley in anticipation of growth. Built in 2002, the property is located just north and west of Oracle and Magee Roads. Featuring proximity to amenities and abundant at-door parking, the 10-unit office condo is now 70 percent leased. Jeff Casper and David Montijo with CBRE’s Tucson office represented the landlord, Tucson-based Louey Holdings LLC, in negotiating the lease terms. ACTUS, also of Tucson, was represented by Bob Davis and Tom Hunt with Rein & Grossoehme Commercial Real Estate’s Tucson office.

“Technology companies continue to be amongst the most active sectors in the Tucson office market,” said CBRE’s Casper. “The growth and success of companies like ACTUS will be essential to help create sustainable momentum in the market.”

RETAIL – 115 E. BROADWAY, TUCSON
Pueblo Vida Brewing Co. leased 1,300 square-feet at 115 E. Broadway in Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Curt Stinson with Realty Executives represented the tenant.

OFFICE – 6979 E. BROADWAY BLVD., TUCSON
Randall Barnes and Craig Nochumson have leased 1,200 square-feet at 6979 East Broadway Boulevard, Suite 127, within Koepke Market Place Shopping Center. They plan to open a financial services office in the space, which is located in the shopping center adjacent to Kmart at the northwest corner of Broadway and Kolb. David Hammack of Volk Company Commercial Real Estate represented the Tenant. The Landlord is Koepke Market Place, L.L.C.

WAREHOUSE / OFFICE – 3816 E. 5TH ST., TUCSON
Old School Moving leased 625 square feet at 3816 E. 5th Street in Tucson from Palo Verde Enterprises, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 800 N. SWAN, TUCSON

Tucson Vision Rehab leased 623 square-feet at 800 N. Swan, Suite 102 in Tucson from 800 N. Swan, Inc. Jeff Zellet, Commercial Specialist and Pat Welchert, SIOR, Industrial Specialist and with Cushman & Wakefield | PICOR, handled this transaction.

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