CCIM Central Arizona presents industry experts’ CRE outlook at its September breakfast event

PHOENIX, ARIZ. – The Central Arizona chapter of CCIM, commercial real estate’s global standard for professional achievement, presents its September breakfast program featuring a panel discussion with industry experts on the Valley’s commercial real estate outlook.

“This discussion comes at the perfect time. The Metro Phoenix commercial real estate market is enjoying significant tailwinds despite the myriad of troubling macroeconomic issues,” said Chapter President Todd Hamilton, CCIM, SIOR, Managing Partner, Citywide Commercial. “The Central Arizona Chapter of CCIM has assembled an all-star lineup of industry experts.”

Serving as moderator for the event is Kathryn Peacock, Partner, Engineering and Science, Inc.

The commercial speaker is Gregg Kafka, CCIM, Lee & Associates; the healthcare speaker is Marina Hammersmith, CCIM, Orion Investment Real Estate; the industrial speaker is Rusty Kennedy, Managing Director, Stream Realty; and the retail speaker is Joshua Simon, Founder and CEO, SimonCRE.

The event is on September 7, from 7:30 a.m. to 9 a.m. at the Esplanade E-Center, located at 2501 E. Camelback Road, Suite 50, in Phoenix. Check-in and breakfast are from 7:15 a.m. to 7:45 a.m. The program is from 8 a.m. to 9 a.m. Registration fee is $40 for Chapter members; $55 for non-members. A breakfast buffet will be served. Register here.




Tucson Lease Report August 1-5, 2022

TUCSON, ARIZONA — Highlighted this week is an industrial ground lease for 1.81 acres to MDH Trucking at 2630 E Ginter Road in Tucson handled by Cushman & Wakefield | PICOR Industrial Specialists, Ron Zimmerman, Principal, Paul Hooker, SIOR, Principal, and Jesse Blum, Principal, representing the landlord and Chris Tsighis, with Coldwell Banker Realty, representing the tenant.

The following leases were submitted to the Real Estate Daily News from August 1 – 5, 2022.

INDUSTRIAL – 2630 E GINTER RD, TUCSON
MDH Trucking LLC leased 1.81 acres of industrial land, located at 2630 E. Ginter Rd. in Tucson, from Halter Holdings LLC. Cushman & Wakefield | PICOR Industrial Specialists, Ron Zimmerman, Principal, Paul Hooker, SIOR, Principal, and Jesse Blum, Principal, represented the landlord in this transaction. Chris Tsighis, with Coldwell Banker Realty, represented the tenant.

INDUSTRIAL – 1679 N HALRON COURT, TUCSON
Jose Zepeda  leased a contractor’s yard at 1679 N. Halron Court, Tucson. The 20,022 square-foot fence lot has I-1 zoning, a sliding gate and curb cut. Located near I-10, Speedway Boulevard and Grant Road. The landlord, Ajay Madhvani handled the transaction.

RETAIL – 4161 S COUNTRY CLUB, TUCSON
8,950 square feet at 4161 S Country Club Suite 141 owned by RRPC Inc was leased to Spencer’s Discount Sales LLC. Jon O’Shea of Vast Commercial represented the tenant and Max Fisher of BRD Realty represented the landlord.

INDUSTRIAL – 2285 E ELVIRA RD., TUCSON
BML Productions Inc. leased 7,680 square feet of industrial space at 2285 E. Elvira Rd. in Tucson, from Elvira, LLC. Jesse Blum, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Pat Welchert with Alpha Commercial Real Estate Services, represented the landlord.

OFFICE – 2285 W INA RD., TUCSON
Dave Volk and Rick Borane of VOLK Company represented the landlord, Foothills CBOA Branch LLC, in its lease of approximately 6,054 square feet located at 2285 West Ina Road to Action Behavior Centers, LLC. The tenant was represented by Cushman Wakefield

OFFICE – 5151 E BROADWAY BLVD, TUCSON
Advanced Financial Company renewed and expanded their lease and space requirements, located at 5151 E. Broadway Blvd., Suite 600 in Tucson, with KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC, for a total of 6,783 square feet of office space. Thomas J. Nieman, and Richard M. Kleiner, MBA, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Todd Holley with Voit Ventures, Inc., represented the tenant.

RETAIL – 3352 E SPEEDWAY BLVD., TUCSON
Debbie Heslop of VOLK Company represented the landlord, Rancho Center, LLC, in the lease of approximately 6,000 square feet at 3352 East Speedway Boulevard to the tenant, Spirit Halloween Superstores, LLC.

RETAIL – 3820 S PALO VERDE RD., TUCSON
Chopstix Yee Chinese Restaurant LLC renewed their lease with Pegasus Tucson Owner LLC for 4,500 square feet of retail space at Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 101 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 4910 SOUTH 12TH AVE., TUCSON
Terry Dahlstrom of VOLK Company represented the landlord, Tigard Tacoma Tucson, LLC, in the lease of approximately 3,624 square feet at 4910 South 12th Avenue, to Kitt Samer dba Luna Smoke Shop.

INDUSTRIAL – 1032 E MILL, TUCSON
3,000 square feet of warehouse/flex at 1032 e Mill owned by RRN Inc was leased to Brewer Companies LLC.

RETAIL – NEC CORTARO & I-10, MARANA
Brenna Lacey and Jeramy Price of VOLK Company and Chuck Wells of Kidder Mathews represented the landlord, Cortaro Commercial JV, LLC, in the lease of approximately 3,000 square feet at the development at the northeast corner of Cortaro and I-10 to the tenant, Minh Pham and Sarah Oanh Dam dba Newton Pho. The tenant was represented by James Robertson of Realty Executives.

INDUSTRIAL – 3200 S DODGE BLVD., TUCSON
Elite Crete of the Desert LLC renewed their lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at South Dodge Business Center, 3200 S. Dodge Blvd., Suite 3-4 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3400 E SPEEDWAY BLVD., TUCSON
Debbie Heslop and Joey Castillo of VOLK Company handled a lease between the landlord, Rancho Center, LLC, and the tenant, Always Power Yoga, LLC, for approximately 2,390 square feet located at 3400 East Speedway Boulevard, Suites 112-114.

INDUSTRIAL – 18 E VENTURA, TUCSON
2,100 square feet of warehouse/flex at 18 E Ventura owned by Thomas Hood LP #1 was leased to Dent-Busters LLC.

RETAIL – 224 NORTH 4TH AVE., TUCSON
Joey Castillo of VOLK Company represented the landlord, Tophoy Block, LLC, in the lease of approximately 2,003 square feet located at 224 North 4th Avenue to The Neon Door, LLC.

INDUSTRIAL – 3755 E 34TH STREET, TUCSON
1,400 square feet of warehouse/flex at 3755 E 34th St Suite 119 owned by Rodgers Investment Fund II was leased to JG Affordable Landscaping. Max fisher of BRD Realty handled this transaction.

RETAIL – 3743 SOUTH 12TH AVE., TUCSON
Terry Dahlstrom and Andreas Castillo of VOLK Company handled a lease between the ownership of the DD’s/Peter Piper Pizza shopping center at Ajo Way and 12th Avenue and the tenant, Dhan Magar and Kabita Khaling dba K’s Eyebrow Threading, for the lease of approximately 1,350 square feet at 3743 South 12th Avenue.  The center is now fully leased.

RETAIL – 78 WEST CUSHING, TUCSON
Dave Volk of VOLK Company represented the landlord, TWW Investments LLC, DAS Holdings LLC, Calico Ventures LLC, Habibi LLC, AIT Ventures LLC, in the lease of approximatley1,338 square feet located at 78 West Cushing to Blockage Studios, LLC.  The tenant was represented by Ryan McGregor of PICOR.

RETAIL – 3955 E SPEEDWAY BLVD., TUCSON
Optimal Wireless LLC, dba Cricket Wireless, leased 1,219 square feet of retail space at Central Point Business Plaza, 3955 E. Speedway Blvd., Suite 101 in Tucson, from Central Point Tucson, LLC. Greg Furrier and Rob Tomlinson, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 7941 E LAKESIDE, TUCSON
1,200 square feet of warehouse/flex at 7941 E Lakeside Suite 110 owned by Lakeside BP LLC was leased to Original Work Apparel LLC.

RETAIL – 5303 E SPEEDWAY BLVD, TUCSON
Jeramy Price of VOLK Company represented the tenant, Forage Hair Co LLC, in the lease of approximately 1,200 square feet located at 5303 East Speedway Boulevard from H.L.F. Properties, Inc.  The landlord was represented by Andy Seleznov of PICOR.

RETAIL – 3924 W INA RD., TUCSON
RandDZ’s Barbershop, LLC leased 1,040 square feet of retail space at Embassy Plaza, 3924 W. Ina Rd., Suite 308 in Tucson, from Embassy Plaza, LLC. Andy Seleznov, CCIM, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Sam Nalli with NAI Horizon, Tucson, represented the landlord.

INDUSTRIAL – 5007 E 29TH ST., TUCSON
Medina’s Drywall LLC leased 1,000 square feet of industrial space at Town Central Business Park, 5007 E. 29th St. in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3400 E SPEEDWAY BLVD., TUCSON
Debbie Heslop of VOLK Company represented the landlord, Rancho Center Developers, LLC, in the lease of approximately 915 square feet at 3400 East Speedway Boulevard, Suite 212, to Loft Cinema for use as an office.

OFFICE – 1955 W GRANT RD., TUCSON
Phoenix Vascular Access LLC leased 900 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Suite 195 in Tucson, from WestGrant Investors, LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 1420 E STATE ROUTE 66, FLAGSTAFF
Jeramy Price of VOLK Company represented the tenant, Your Wellness Company, LLC dba Your CBD Store, in the lease of approximately 900 square feet located at 1420 E State Route 66 #103 in Flagstaff, AZ from Ram Realty, Inc.

OFFICE – 1955 W GRANT RD., TUCSON
Metro Fire Equipment leased 882 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Suite 180 in Tucson, from WestGrant Investors, LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 120 NORTH STONE AVE., TUCSON
Dave Volk of VOLK Company represented the landlord, 120 North Stone, LLC, AZ LLC, in the lease of approximately 4,980 square feet located at 120 N. Stone Ave, Suite 220, to Mako US, Inc.  The tenant was represented by Ryan McGregor of PICOR.

Submit sales and leases to [email protected].




Phoenix Lease Report August 1-5, 2022

PHOENIX, ARIZONA — Highlighted this week is a 9.555-square-foot retail lease to Modern Resale handled by Jake Ertle and Nic Chavira of Rein and Grossoehme Commercial Real Estate. Also, a 9,429-square-foot lease to Providence Orthodox Presbyterian Church of Scottsdale handles by Thomas A. Smith with NAI Horizon and Suzanne Enright & John Quantrini with Shell Commercial.

The following leases were submitted to the Real Estate Daily News from August 1-5, 2022.

RETAIL – 4020 N 67TH AVE, PHOENIX
A lease for 9,555 SF in Westside Plaza to Modern Resale was recently consummated. The location of the property is 4020 N 67th Ave. in Phoenix, AZ. The owner of the center is S W Real Estate Enterprises, LLC.  Jake Ertle and Nic Chavira of Rein and Grossoehme Commercial Real Estate represented the owner and the tenant.

CHURCH – 7575 E REDFIELD, SCOTTSDALE
Thomas A. Smith with NAI Horizon represented the tenant, Providence Orthodox Presbyterian Church of Scottsdale, in a 27-month sub-lease for 9,429 SF at 7575 E. Redfield, Scottsdale, AZ. The landlord, Desert Valley Church of Scottsdale, was represented by Suzanne Enright & John Quantrini with Shell Commercial.

RETAIL – 1522 W TODD DR., TEMPE
Jeff Adams with NAI Horizon represented the tenant, Sunset Spas of Arizona, LLC, in a 4-month industrial lease for 8,185 SF at 1522 W. Todd Drive, Tempe, AZ. The landlord, REB, Ltd., was self-represented.

INDUSTRIAL – 15836 N 77TH STREET, PHOENIX
Dylan Whitwer and Don Morrow with NAI Horizon represented the tenant, AB Stable 1X, LLC, in a 12- month industrial lease for 6,476 SF at 15836 N. 77th St., Phoenix, AZ. The landlord, Aidant Fire Protection Co., was represented by Zak Kottler with LevRose CRE.

OFFICE – 2450 W BROADWAY RD., MESA
Kevin Higgins with NAI Horizon represented the tenant, Gemelli Biotech Corp., in a 61-month office lease for 5,919 SF at 2450 W. Broadway Road, Mesa, AZ. The landlord, BKM Broadwood 251, LLC, was represented by Golden St. John with Vantage Commercial Real Estate.

INDUSTRIAL – 3330 W FLOWER ST., PHOENIX
Dylan Whitwer and Don Morrow with NAI Horizon represented the tenant, A to ZZZ Environmental Inc., in a 36.5-month industrial lease for 5,729 SF at 3330 W. Flower St., Phoenix, AZ. The landlord, J2 Flower, LLC, was represented by Rod Crotty with Cutler Commercial.

OFFICE – 4686 E VAN BUREN, PHOENIX
Laurel Lewis with NAI Horizon represented the tenant, DOWL, LLC, in a 66-month office lease for 3,877 SF at 4686 E. Van Buren, Phoenix, AZ. The landlord, TPP-GCI East Gateway JV, LLC, was represented by Pat Boyle with Cushman.

INDUSTRIAL – 1545 N McQUEEN RD., GILBERT
Jeff Adams with NAI Horizon represented the landlord, 1545 McQueen, LLC, in a 36.5-month industrial lease for 2,200 SF at 1545 N. McQueen Road, Gilbert, AZ. The tenant, Phillips Trucking, was self-represented.

OFFICE – 1990 W CAMELBACK RD., PHOENIX
Don Morrow and Dylan Whitwer with NAI Horizon represented the landlord, Southwest Commercial Property, LLC, in a 60-month office lease for 2,134 SF at 1990 W. Camelback Road, Phoenix, AZ. The tenant, Fard Health Services, was represented by Jeff Smith with Commercial West Real Estate Advisors.

OFFICE – 12213 W BELL RD., SURPRISE
Dylan Whitwer and Don Morrow with NAI Horizon represented the tenant, RCS Management Corporation, in a 36-month office lease for 2,000 SF at 12213 W. Bell Road, Surprise, AZ. The landlord, Triworth Company, LLC, was represented by Mac Graham with Triworth Company.

OFFICE – 600 E BASELINE RD., TEMPE
Michael Myrick, CCIM, MRED, Don Morrow and Dylan Whitwer with NAI Horizon represented both the landlord, 600 E. Baseline, LLC, and the tenant, Mya Kai Creative, LLC, in a 48-month office lease for 1,780 SF at 600 E. Baseline Road, Tempe, AZ.

RETAIL – 20783 N 83RD AVE., PEORIA
A lease for 1,520 SF within Fletcher Heights Marketplace to Poke Me Pretty, LLC was recently consummated. The location of the property is 20783 N. 83rd Avenue in Peoria, AZ. The owner of the center is Plaza Las Americas, LLC. Jared Lively of Rein & Grossoehme CRE represented the landlord on this transaction.

RETAIL – NEC TATUM & DYNAMITE RD., CAVE CREEK
A lease for 1,407 SF in Tatum & Dynamite Shops to Desert Moon Yoga was recently consummated. The location of the property is located at the NEC of Tatum Blvd & Dynamite Road in Cave Creek, AZ. The owner of the center is BenginLLC.  Jared Lively of Rein & Grossoehme CRE represented both the Tenant and the landlord on this transaction.

RETAIL – 212 W SOUTHERN AVE., TEMPE
A lease for 1,400 SF in Red Devil Center to Southpoint Pet Spa, LLC was recently consummated. The location of the property is 212 W Southern Ave in Tempe, AZ.  Kevin Roessler of Rein & Grossoehme represented the landlord.

RETAIL – 13805 N SCOTTSDAEL RD, SCOTTSDALE
A lease for 1,400 SF in Scottsdale Towne Square to Sit Still Kids Salon was recently consummated. The location of the property is 13805 N Scottsdale Rd in Scottsdale, AZ.  Kevin Roessler of Rein & Grossoehme represented the tenant.

OFFICE – 40 W BASELINE RD., TEMPE
Don Morrow and Dylan Whitwer with NAI Horizon represented the tenant Starmerx International, in a 12-month office lease for 992 SF at 40 W. Baseline Road, Tempe, AZ. The landlord, Kappe Villa Sierra El Paso LP, was represented by Jaime Swirtz with CBRE.

OFFICE – 7227 N 16TH ST., PHOENIX
Kevin Higgins with NAI Horizon represented the landlord, Bogle Family Realty, in a 38.5-month office lease for 878 SF at 7227 N. 16th St., Phoenix, AZ. The tenant, Sun Tree Healing Arts, was self-represented.

RETAIL – 3825 N 75TH AVE., PHOENIX
Matt Harper, CCIM, with NAI Horizon represented the landlord, HBR Properties, LLC, in a 63-month retail lease for 792 SF at 3825 N. 75th Ave., Phoenix, AZ. The tenant, OT’s Barber School and Supplies, LLC, was represented by Marcos Medrano with Sun Valley Edge Realty.

OFFICE – 1811 S ALMA SCHOOL RD., PHOENIX
Joan Krueger with NAI Horizon represented the tenant, Upfront Planning & Entitlements, in a 24-month office lease for 748 SF at 1811 S. Alma School Road, Phoenix, AZ. The landlord, Camroad Properties, LLC, was self-represented.

OFFICE – 12630 N 103RD AVE, SUN CITY
Matt Harper, CCIM, and Thomas Bean, CCIM, with NAI Horizon represented the landlord, Sun City Professional Building, in a 12-month office lease for 420 SF at 12630 N. 103rd Ave., Sun City, AZ. The tenant, Truly Connected Contractors, LLC, was self-represented.

Submit sales and leases to [email protected]