Tucson Lease Report – February 2-6, 2015

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from February 2 thru 6, 2015.

INDUSTRIAL – 1057 E. MILL ST., TUCSON, AZ.
Refrigeration Supplies Distributor leased 8,925-square-feet at 1057 E. Mill St. in Tucson from Copper State Land, LLC.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and Bob DeLaney and Tim Healy with CBRE, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking rate: $0.39 SF/MO NNN; Tenant Phone: 520.623.5887[/mepr-show]

RETAIL – 150 S. KOLB RD., TUCSON, AZ.
Arizona Beer House, LLC leased 3,150-square-feet at 150 S. Kolb Rd. in Tucson from the Whitthornes Revocable Trust. Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Kevin Kramber with Town West Realty, represented the tenant in this transaction.

INDUSTRIAL – 1840 E. VALENCIA RD., TUCSON, AZ.
Aerovation, Inc. leased 2,468-square-feet at 1840 E. Valencia Rd., Suite 217 in Tucson from Tucson Aeroplex, LLC.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.308.6409[/mepr-show]

INDUSTRIAL – 1101 W. GRANT RD., TUCSON, AZ.
G4S Secure Solutions (USA), Inc. renewed their lease for 2,400-square-feet at 1101 W. Grant Rd., Suite 208-209 in Tucson from the Sloat Family Partnership, LLLP.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Bob Schneiderman with DTZ (formerly Cassidy Turley) represented the seller in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.748.8800[/mepr-show]

OFFICE – 268 E. RIVER RD., TUCSON, AZ.
AH Physical Therapy, LLC, dba Halili Physical Therapy, leased 1,736-square-feet at 268 E. River Rd., Suite 130 in Tucson from Robert O. Barber.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and Andrew Sternberg with Oxford Realty Advisors, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking rate: $20.00 SF/YR Full Service; Tenant Phone: 520.290.1665[/mepr-show]

OFFICE – 1171 E. RANCHO VISTOSO BLVD., TUCSON, AZ.
Sandelin Law Firm has leased 1,200-square-feet at 1171 E. Rancho Vistoso Blvd., Suite 117, from Mountain Vista Plaza, LLC (Landlord).  Andrew D. Sternberg and Robert J. Nolan of Oxford Realty Advisors represented the Tenant and the Landlord in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.989.0074[/mepr-show]

RETAIL – 2970 N. SWAN RD., TUCSON, AZ.
Edward D. Jones & Co., LP, a leader in the financial services industry, leased 1,164-square-feet in Plaza Palomino at 2970 N. Swan Rd., Suite 139 in Tucson from WCCP Plaza Palomino, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant and Phil Skillings with NAI Horizon, represented the landlord in this transaction.

OFFICE – 7000 E. TANQUE VERDE RD., TUCSON, AZ.
Carmichael Training Systems, Inc. leased 968-square-feet in Santa Fe Square at 7000 E. Tanque Verde Rd., Suite 10 in Tucson from Conley Holdings, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.327.2359[/mepr-show]

RETAIL – 110 S. CAMINO SECO RD., TUCSON, AZ.
Edward D. Jones & Co., a leader in the financial services industry, leased 866-square-feet in the Berkshire Village Shopping Center located at 110 S. Camino Seco Rd. in Tucson from JMK Family Properties.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 7000 E. TANQUE VERDE RD., TUCSON, AZ.
Shaffer Dry Cleaning leased 622-square-feet in Santa Fe Square at 7000 E. Tanque Verde Rd., Suite 15 in Tucson from Conley Holdings, LLC.  Jeff Zellet and Aaron LaPrise, Commercial Specialists with Cushman & Wakefield | PICOR, represented the landlord and tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 888.318.7604[/mepr-show]

RETAIL – 621 N. GRAND AVE., NOGALES, AZ.
Prestige of Nogales leased 500-square-feet at 621 N. Grand Ave., Suite A in Nogales, Arizona from Angel T. Mendoza.  Denisse Angulo-Badilla, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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Tucson Lease Report – January 5-9, 2015

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from January 5 thru 9, 2015.

INDUSTRIAL – 3825 and 3841 N. HIGHWAY DR., TUCSON, AZ.
Pro Box Portable Storage, LLC leased a 75,000-square-feet yard at 3825 and 3841 N. Highway Dr. in Tucson from J H Associates, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord, and Robert DeLaney with CBRE, represented the tenant in the transaction.[mepr-show rules=”58038″] Tenant Phone: 602.761.9425[/mepr-show]

RETAIL – 4690 N. ORACLE RD., TUCSON, AZ.
NCS Pearson, Inc. leased 25,000-square-feet, formerly occupied by American Home Furnishings, at 4690 N. Oracle in the Tucson Galleria.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Patrick Darcy with Tucson Realty & Trust Co., represented the tenant in this transaction.

INDUSTRIAL – 3765 E. 43rd PL., TUCSON, AZ.
Premier Van Lines International Inc. leased 6,600-square-feet at 3765 E. 43rd Pl. in Tucson from JDLH Investments, LLC.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 480.641.9268[/mepr-show]

INDUSTRIAL – 506E. 25th ST., TUCSON, AZ.
Assurance Relocation Systems, LLC leased 4,000-square-feet at 506 E. 25th St. in Tucson from Rich Rodgers Investment, Inc.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Ryan McGregor with KW Commercial, represented the tenant in this transaction.[mepr-show rules=”58038″] Phone: 520.909.9537[/mepr-show]

RETAIL – 400 W. FRY BLVD., SIERRA VISTA, AZ.
ManTech International leased 3,240-square-feet at 400 W. Fry Blvd., Suites 12 and 13, in Sierra Vista from Mission Hill Management.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, and Malcolm Marshall with Cushman & Wakefield in Washington, D.C., represented the tenant in this transaction.

RETAIL – 901 – 935 W. PRINCE RD., TUCSON, AZ.
Signarama has leased a 2,660-square-foot space at Prince & Fairview Plaza, located on the SW corner of Prince & Fairview. The Premises will be used as a retail graphics, marketing and sign company and for the printing and production of signs, graphics and marketing materials. They are scheduled to open for business February 2015. Andy Seleznov, CCIM, Director of Leasing at Larsen Baker, represented the landlord.[mepr-show rules=”58038″] $6.00 – $8.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 5150 N. LA CHOLLA BLVD., TUCSON, AZ.
RISE Sport Performance Training renewed their lease for 2,560-square-feet at 5150 N. La Cholla Blvd. in Tucson from Sixteenth St., LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and John Hamner with KW Commercial, represented the tenant in the transaction.

OFFICE – 333 N. WILMOT ROAD, TUCSON, AZ.
Carpenter Hazelwood Delgado & Bolen, PLC, leased approximately 2,534-square-feet of office space located at 333 N. Wilmot Road, Suite 180, Tucson, Arizona, from National Bank of Arizona. Michael Gross of Tucson Realty & Trust Co. represented the Landlord and David Volk of CBRE represented the Tenant in the transaction. [mepr-show rules=”58038″]Tenant Phone:   1-800-743-9324[/mepr-show]

RETAIL – 30 S. ARIZONA AVE., TUCSON, AZ.
The Independent Distillery leased 2,478-square-feet at 30 S. Arizona Ave., a part of the new Gibson Court in Tucson from Gibson Family, LLC.  Tom Knox, SIOR, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 3534 – 3583 N. ROMERO RD., TUCSON, AZ.
Hei-Tek Automation, LLC renewed their lease for 1,500-square-feet at 3534 – 3538 N. Romero Rd., Suite 130 in Tucson from Costa Verde Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″] $0.65 SF/MO Modified Gross;  Phone: 602.269.7931[/mepr-show]

INDUSTRIAL – 3865 E. 34th ST., TUCSON, AZ.
Act Fast Delivery of Tucson, Inc. leased 1,376-square-feet at 3865 E. 34th St., Suite 106 in Tucson from A & P Investments.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.512.8690[/mepr-show]

OFFICE – 3021 E. SPEEDWAY, TUCSON, AZ.
Titan Auto Insurance of New Mexico, Inc. leased 1,365-square-feet at 3021 E. Speedway in Tucson from Mahoney Family, LLP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 6303 E. TANQUE VERDE, TUCSON, AZ.
Southwest Contractor’s Supplies, Inc. leased approximately 1,347-square-feet of office space located at 6303 E. Tanque Verde, Suite 240, Tucson, Arizona, from Mark D. Brinton Family Trust. Michael Gross of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″]$14.00 SF/YR Full Service; Phone: 520.722.7959[/mepr-show]

RETAIL – 5827 N. ORACLE RD., TUCSON, AZ.
Déjà Vu Too Antiques and Collectibles, leased 1,320-square-feet in Placita del Norte Shopping Center at 5827 N. Oracle in Tucson from PDN Property, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord, and Michael Lamonge with Realty Executives Tucson Elite, represented the tenant in this transaction.

INDUSTRIAL – 4500 E. SPEEDWAY, TUCSON, AZ.
Encourage Arizona, LLC leased 1,200-square-feet at 4500 E. Speedway, Suite 56 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]$0.72 – $0.80 SF/MO Modified Gross; Phone: 520.622.1085[/mepr-show]

RETAIL – 4700 E. SUNRISE DR., TUCSON, AZ.
Sheppard Clean, Inc., dba Park Avenue Cleaners leased 1,200-square-feet at Sunrise Village Shopping Center. Sunrise Village is located at the southeast corner of Sunrise and Swan and is anchored by Safeway and CVS. Synthia King of Classic Commercial Real Estate Services, LLC represented the tenant. David Hammack of Volk Company represented the landlord, Sunrise Village Investors, LLC.

OFFICE – 2055 N. KOLB RD., TUCSON, AZ.
Shoshana Elkins leased approximately 1,068-square-feet of office space located at 2055 N. Kolb Road, Suite 121, Tucson, Arizona, from KRP, LLC. Tari Auletta, CCIM, and Doug Richardson of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″]$9.50 SF/YR Modified Gross[/mepr-show]

RETAIL – 14 S. ARIZONA AVE., TUCSON, AZ.
Council Street, LLC leased 924-square-feet at 14 S. Arizona Ave., a part of the new Gibson Court in Tucson from Gibson Family, LLC.  Council Street will open an upscale bar and lounge to be called High Wire. Tom Knox, SIOR, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 5930 E. PIMA ST., TUCSON, AZ.
ALTA Land Survey, Inc. leased 902-square-feet at 5930 E. Pima St., Suite 130 from 5930 E. Pima, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Carl Mickler and Liane Wong with Centra Realty, represented the tenant in this transaction. [mepr-show rules=”58038″]$14.00 SF/YR Modified Gross[/mepr-show]

RETAIL – 110 S. CAMINO SECO RD., TUCSON, AZ.
Edward D. Jones & Co., leased 866-square-feet in the Walmart Neighborhood Market shopping center at 110 S. Camino Seco Rd. in Tucson from JMK Family Properties.  Greg Furrier, Aaron LaPrise, Rob Tomlinson and Jeff Zellet, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 2363 E. FRY BLVD., SIERRA VISTA, AZ.
Faithful Forever Christian Counseling has leased a 621-square-foot 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 a counseling office and general office use. They are scheduled to open for business February 2015. Andy Seleznov, CCIM, Direstor of Leasing at Larsen Baker represented the landlord.

RETAIL – 9420 E. GOLF LINKS RD., TUCSON, AZ.
The Vapor Zone Smokeless leased 600-square-feet in the Safeway Shopping Center at 9420 E. Golf Links Rd. in Tucson from D and D Properties, LLC.  Greg Furrier and Jeff Zellet, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction.  [mepr-show rules=”58038″]$10.00 SF/YR Modified Gross[/mepr-show]

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Opening & Closings Around Tucson 09.23.2014

11085 N Oracle rd REDNCIRCUS FURNITURE NOW OPEN AT STEAM PUMP VILLAGE
Circus Furniture opened this week in the former Studio C location at 11085 N Oracle Road at Steam Pump Village in Oro Valley. Diamond Ventures purchased the 19,700-square-foot building in April through affiliate Oracle Road Partners and was prepared to divide it into smaller office spaces for easier leasing, but Circus Furniture came along in June and needed the entire space for its third furniture store in town.

Business hours are Monday to Saturday: 10:00 am – 6:00 pm and Sunday: 11:00 am – 5:00 pm.

Doug Marsh and Robert Nolan of Oxford Realty Advisors, Inc. represented Oracle Partners LLC in the leasing. Shannon Murphy of DVI Realty Service in Tucson represented the investor in the purchase.

Indian MOtorcycles 4037 N OracleINDIAN MOTORCYCLES OPENS WITH 2015 LINEUP
Each bike in the 2015 Indian Motorcycle lineup was designed with a careful nod to the past, yet focused on the open road ahead. Take a look at the full lineup including the Chief® Classic, Chief® Vintage, Chieftain®, Roadmaster and the long awaited Indian® Scout at Indian Motorcycles location at 4037 N Oracle Road, northwest of Roger on Oracle, in Tucson. The repurposing of this former 7,680-square-foot multi-tenant building is quite a transformation on Oracle Road. The former home to Dunn Edwards that moved across the street to 3850 N. Oracle Road several years ago.

Business hours are Tuesday – Saturday: 9am – 6pm.  Sunday and Mondays they’re closed – out riding!

John Hamner, CCIM and Gary Best, CCIM with KW Commercial in Tucson represented the landlord, Poz Ben Bon Investment Corp of Oro Valley that purchased the building for investment last October. Aaron LaPrise of Cushman & Wakefield | Picor represented the tenant in the lease transaction.

 HASTA LUEGO LA FUENTE!
La Fuente 2Longtime Tucson Mexican restaurant La Fuente at 1749 North Oracle Road has closed. The 10,317-square-foot restaurant, was popular for its Sunday mariachi brunch and as host to generations of special occasions from anniversaries to quinceaneras for 55 years.

The following message was posted on its website over the weekend:

“As many of you already know, La Fuente Mexican Restaurant closed its doors on August 29, 2014, after 55 years at the same location. The worsening economic environment, which began in 2008 and (for many) continues to this day, started a business slowdown that could not be reversed.
On behalf of our entire staff, I would like to take this opportunity to say thank you to all of you who helped to make the past years so memorable. It was our pleasure to meet you, to celebrate your special events, to provide Tucson’s best Mariachi entertainment, to have you as our “regulars,” and to welcome you over the years to dine with us. We do not anticipate re-opening at this location. Nevertheless, for those of you who have provided us with E-mail addresses, we will try to keep you posted, should other opportunities present themselves. We will not say good-bye, but simply “hasta luego.”
We will miss you.
Sincerely, Yuliana Portillo, General Manager,
On behalf of the owners Carlos and Mary Jane Portillo

The La Fuente building is now listed with Juan Teran, CCIM of Chapman Lindsey Commercial Real Estate Services for a modest $799,000. Contact Juan at 520.747.4000 ext 104 to learn more.