RETAIL GROUND LEASE – 5725 E BROADWAY, TUCSON

LongHorn Steakhouse through parent company Rare Hospitality Management, Inc., a subsidiary of Darden Restaurants, signed a long-term ground lease for approximately 62,796 square feet at 5725 East Broadway Boulevard. The existing strip center on the property is scheduled to be demolished to make way for a 6,200 square-foot LongHorn Steakhouse. Darden Restaurants, which owns several other restaurant concepts including Olive Garden and Red Lobster, is the world’s largest full-service restaurant company with over 2,100 restaurants through its subsidiaries. This is LongHorn’s first restaurant location in Tucson. Terry Dahlstrom of Volk Company in Tucson represented the Tenant in the transaction. Jim Egan of Prime Commercial Real Estate in Tucson represented the landlord, Heights Properties, LLP.

INDUSTRIAL SPACE – 4175 S. FREMONT AVE., TUCSON

Abrasives & Equipment of Arizona, Inc., a supplier of abrasives and blast equipment, as well as a developer and handler of specialty and environmental products for the abrasive blast industry, leased 6,230 sq. ft. at 4175 S. Fremont Ave, Suite 105 in Tucson from Doubletree Investments, Inc. Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialists with Cushman & Wakefield / PICOR of Tucson handled the transaction.

OFFICE SPACE – 5151 E. BROADWAY BLVD., TUCSON

AXA Equitable Life Insurance renewed their lease for 5,075 sq. ft. at 5151 E. Broadway, Suite 1200 in Tucson from KCI Broadway, LLC.  Tom Nieman, Principal and Office Specialist, Paul Hooker and Jeff Zellet, Industrial Specialists with Cushman & Wakefield / PICOR in Tucson handled the transaction.

INDUSTRIAL SPACE – 3820 S. PALO VERDE RD, TUCSON

La Tauna Products, LLC. leased 3,807 sq. ft. at 3820 S. Palo Verde, Suite 102 in Tucson from Palo Verde Trust Partners, LLC.  Rob Glaser, SIOR, CCIM, Principal, Paul Hooker and Jeff Zellet, Industrial Specialists with Cushman & Wakefield / PICOR of Tucson handled the transaction.

INDUSTRIAL SPACE – 3455 S. PALO VERDE RD, TUCSON

Tucson Industrial Products and Sanitary Supply Co. leased 1,815 sq. ft. at 3455 S. Palo Verde Rd., Tucson from 3455 S. Palo Verde Road LLC. Robert Delaney and Tim Healy with CBRE represented the landlord, Gordon Wagner with Coldwell Banker – Commercial Group of Tucson represented the tenant.

INDUSTRIAL SPACE – 4500 E. SPEEDWAY, TUCSON

The following businesses renewed leases at the Midway Business Park: Express Interlock, LLC., 1,200 sq. ft. at 4500 E Speedway, Suite 46 in Tucson to the Southern Arizona Community Diaper Bank, and 1,860 sq. ft. in Suites 78 & 108 also at Midway. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – 3933 E. 29 STREET, TUCSON

Avtel Technologies, Inc. leased 745 sq. ft. in the Midpoint Business Plaza, 3933 E 29^th St, Suite 503 in Tucson from Presson Midpoint LLC. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR handled the transaction.

OFFICE SPACE – 4525 E. SKYLINE DRIVE, TUCSON

Boskovich Insurance Sales & Service, PLLC, leased approximately 308 sq. ft. of office space located at 4525 E. Skyline Drive, suite 112 in Tucson from M. Francina Richardson and Suzanne Garvey. Doug Richardson and Terry Lavery of Tucson Realty & Trust represented the Landlord in this transaction.

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[ismember]Avtel , 3933 E 29^th St, Suite 503 in Tucson asking rate $0.63 sf/mo (modified gross)

Asking lease rate at 4500 E Speedway was $.41 -$.52 / SF/ month Industrial gross

[/ismember]

OFFICE SPACE – 2525 E BROADWAY BLVD, SUITE 200, TUCSON
DeConcini, McDonald, Yetwin & Lacy, P.C., one of Southern Arizona’s largest law firms and leading full-service, multidisciplinary practices, renewed their 15,071 square feet lease at 2525 E. Broadway, Suite 200 in Tucson from DuBesh, LLC. Tom Nieman, Principal and Office Specialist, with Cushman & Wakefield | PICOR, represented the tenant in this transaction while Buzz Isaacson, with CBRE, represented the landlord.

INDUSTRIAL SPACE – 3571 W INA RD, TUCSON
CSL Plasma Inc., one of the world’s largest plasma collection company leased a 12,577 square foot industrial building at 3571 W. Ina Road, for its third Arizona location from North Pima Center, LLC. Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction while Jeffrey Maza with DTZ, a UGL Company represented the landlord.

INDUSTRIAL SPACE – 3190 N FREEWAY INDUSTRIAL LOOP, TUCSON
Roto Rooter Plumbing and Drain Service, a full service plumber, leased 7,200 square feet at 3190 N. Freeway Industrial Loop, in Tucson from Garold C. Brown Family Ltd. Partnership. Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction while Ron Zimmerman with Newmark Grubb Knight Frank of Tucson represented the landlord.

OFFICE SPACE – 2380 N FERGUSON, SUITES 104 & 106, TUCSON
Comprehensive Care of Tucson, PLLC, an Internal Medicine Practice leased 4,810 square feet at 2380 N. Ferguson, Suites 104 & 106 in Tucson from TMC Holdings. Rick Kleiner, MBA, and Tom Knox, SIOR, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Dean Cotlow with Cotlow Company of Tucson represented the tenant.

INDUSTRIAL SPACE – 2045 N FORBES, SUITE 102, TUCSON
Zeta Corporation, a provider of electronic water treatment technology, renewed their lease of 3,360 square feet at 2045 N. Forbes, Suite 102 in Tucson, from Forbes Tucson, LLC. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE SPACE – 5285 E KNIGHT DR, TUCSON
Premier Hearing, LLC leased 1,517 square feet at 5285 E. Knight Dr. in Tucson from Tucson Medical Center. Tom Knox, SIOR, and Rick Kleiner, MBA, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE SPACE – 1925 W ORANGE GROVE, SUITE 105, TUCSON
Desert Sky Spine & Sports Medicine leased 1,417 square feet at 1925 W. Orange Grove, Suite 105 in Tucson from Healthcare Realty Services Inc. Tom Nieman, Principal and Office Specialist, with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Tom Coury with Realty One Group Great American represented the tenant.

INDUSTRIAL SPACE – 850 E OHIO, SUITE 19, TUCSON
Los Endes leased 1,390 square feet at 850 E. Ohio, Suite 19 in Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL SPACE – 5102 E SPEEDWAY, SUITE B, TUCSON
Simple Mobile, a wireless service and equipment retailer leased 1,350 square feet at 5102 E. Speedway, Suite B in Tucson from The Monterra Group Limited Partnership. Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – 4500 E SPEEDWAY BLVD, SUITE 45, TUCSON
Fangamer, a merchandiser of video game clothing and accessories moved into a 1,200 square feet expansion space at 4500 E. Speedway, Suite 45 in Tucson, from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – 3820 E 44TH STREET, SUITE 420, TUCSON
Jimmy Kwan leased 1,100 square feet at 3820 E. 44th Street, Suite 420 in Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL SPACE – 4500 E SPEEDWAY BLVD, SUITE 104, TUCSON
Greyhound Auto Rejuvenation an Automotive Appearance Specialist renewed its 1,060 square feet lease at 4500 E. Speedway, Suite 104 in Tucson, from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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[ismember]

2525 E BROADWAY BLVD, SUITE 200, TUCSON (Asking rate for 7,758 SF available is $21 / SF / full service)

2380 N FERGUSON, SUITES 104 & 106, TUCSON (Asking rate was $18.50 / SF / MG)

2045 N FORBES, SUITE 102, TUCSON  (Asking rate was $7.08/ SF/ IG for new space)

1925 W ORANGE GROVE, SUITE 105, TUCSON  (Asking rate was $18.50 / SF. FS with $1.50/SF annual increases)

5102 E SPEEDWAY, SUITE B, TUCSON (Asking lease rate was $14/SF/NNN)

4500 E SPEEDWAY BLVD, SUITE 45, TUCSON  (Asking rate was $6.36 / SF / NNN with $.26 triple nets)

4500 E SPEEDWAY BLVD, SUITE 104, TUCSON (Asking rate was $5.40 / SF / NNN with $.26 triple nets)  [/ismember]

Long Realty has announced the opening of its new flagship office in Oro Valley on August 30, 2013. This new office is located at 8540 N Oracle Road, just north of Magee Road.

The Oro Valley branch is a brand new, state-of-the-art facility in 11,500-square- feet of luxurious Class-A office and meeting space with an open floor plan, and high visibility along Oracle Road as part of the new Shoppes at Oracle development. This new facility will enable Long Realty to better serve its rapid growth in the northwest corridor of Tucson.

“We are excited about our new, larger branch location in Oro Valley”, said Rosey Koberlein, CEO Long Companies. “This new office is an investment in providing the best service to our growing list of home buyers and sellers. Oro Valley and the northwest side of Tucson are important growth areas and our sales associates are poised to realize significant business increases with this new resource.”

The new office will combine the sales associates and staff housed in the company’s previous Casas Adobes, at Oracle and Ina, and Oro Valley, at Pusch View and Oracle, locations. The new Oro Valley office will boast over 150 sales associates lead by the experienced management team of branch manager KC Woods, sales manager Diane Tierno, sales training manager Michelle O’Brien and contracts manager Shelly Gallichio. In 2012 this combined group of sales associates sold over $277 million in real estate.

“The new Oro Valley office will bring together one of the best group of real estate professionals in all of Arizona. This flagship office makes a statement about Long Realty’s commitment to the community and our sales associates. The whole Oro Valley office team is ecstatic about this expansion and the opportunities it presents.”

Roger Breckenridge with Long Realty negotiated the lease for Long Realty and the landlord, Shoppes at Oracle Rd, LLC. Breckenridge is leasing agent for the new Shoppes on Oracle development with space available from 2,000- 25,000- square-feet.

For more information on the new Oro Valley office, contact KC Woods at (520) 918-5901.