Tucson Lease Report October 19 – 23, 2015

Real Estate Daily News
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from October 19 thru 23, 2015.

OFFICE – 6740 S. TUCSON BLVD., TUCSON
Arizona Department of Economic Security has leased 53,250-square-feet of office space at 6740 S. Tucson Boulevard from HSL TI Building Properties LLC. The tenant was self-represented. The landlord was represented by Bill DiVito and Jesse Blum with CBRE’s Tucson office.

INDUSTRIAL – 2165 N. FORBES BLVD., TUCSON
Sahuaro Seed and Feed, LLC leased 17,022-square-feet at 2165 N. Forbes Blvd., Suite 101 in Tucson from Forbes Tucson, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″]Asking lease rate: $0.55 SF/MO Modified Gross; Tenant Phone: 520.747.3635[/mepr-show]

RETAIL – 9620 E. 22nd ST., TUCSON
Ulta Salon, Cosmetics, and Fragrance, Inc. leased 10,000-square-feet at 9620 E. 22nd Street in Tucson. The space is located within Old Spanish Trail Marketplace at the southeast corner of 22nd Street and Harrison Road. The shopping center is anchored by Ross, Bed Bath & Beyond, Petco, OfficeMax, and Kirklands. Rick Borane of Volk Company represented the landlord, ATT-OST Marketplace LLC and Stores Investments Group, Inc. Neil Board of Western Retail Advisors represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.575.5067[/mepr-show]

INDUSTRIAL – 3655 N. ROMERO RD., TUCSON
Cactus Auto Company, Inc. leased 8,820-square-feet at 3655 N. Romero Rd. in Tucson from Primero Properties, LLC.  Cactus Auto will expand their RV operation to the site.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and George Hayduke with Westar Mortgage & Realty Corporation, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.888.0910[/mepr-show]

OFFICE – 3430 E. SUNRISE DRIVE, TUCSON
Duffield, Miller, Young, Adamson, and Alfred PC have leased 6,926-square-feet of office space at 3430 E Sunrise Drive from United Insurance Company of America. The tenant was self-represented. David Volk with CBRE’s Tucson office represented the landlord. [mepr-show rules=”58038″]Asking lease rate: $20.00 SF/YR Full Service; Tenant Phone: 520.792.1181[/mepr-show]

INDUSTRIAL – 3757 E. 43 Pl., TUCSON
Fellers, Inc. leased 4,952-square-feet at 3757 E. 43rd Pl. in Tucson from JDLH Investments, LLC.  Fellers is the world’s largest wrap supply company.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 1009 S. EUCLID AVE., TUCSON
Baker + Hesseldenz Design, Inc. leased 2,040-square-feet at 1009 S. Euclid Ave. in Tucson from Rich Rodgers South, Inc.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.47 – $0.70 SF/MO Modified Gross; Tenant Phone: 520.760.0037[/mepr-show]

OFFICE – 5700 PIMA ST., TUCSON
The Center for Life Skills Development has leased 1,512-square-feet of expanded office space at 5700 Pima Street from 2222 Craycroft, LLC. The landlord was represented by Aubrey Finkelstein with VAST Commercial. The tenant was represented by Bruce Suppes with CBRE’s Tucson office.[mepr-show rules=”58038″] Asking lease rate: $16.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 100 N. STONE AVE., TUCSON
Jesus L. Montoya Araiza has leased 1,333-square-feet of office space at 100 N. Stone Avenue from Holualoa Pioneer, LLC. The tenant was self-represented. The landlord was represented by Bruce Suppes and David Volk with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking lease rate: $17.00 SF/YR Full Service[/mepr-show]

OFFICE – 1668 S. RESEARCH LOOP, TUCSON
Southwest Associates, LLC, dba Meridian Surveying & Development, leased 1,200-square-feet of office space at 1668 S. Research Loop, Suite 522 in Tucson from Foothills Business Ventures, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and Gary Emerson with GRE Partners, LLC, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.55 – $0.90 SF/MO Modified Gross; Tenant Phone: 520.325.6990[/mepr-show]

RETAIL – 410 N. TOOLE AVE., TUCSON
Laura Tanzer, LLC, doing business as Ateller, has leased 1,012-square-feet of retail space at 410 N. Toole Ave from City of Tucson. The tenant was represented by Kent Simpson from Tierra Antigua. The landlord was represented by Buzz Isaacson with CBRE’s Tucson office.

OFFICE – 7650 E. BROADWAY BLVD., TUCSON
E-Corp has leased 944-square-feet of office space at 7650 Broadway Boulevard from AZ State Retirement System. The tenant was self-represented. The landlord was represented by Bruce Suppes with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Modified Gross; Tenant Phone: 520.334.4067[/mepr-show]

OFFICE – 5501 N. SWAN RD., TUCSON
Julia Miller Pilates, LLC, leased approximately 750-square-feet of office space located at 5501 N. Swan Road, Suite 215, Tucson, Arizona, from DaVinci Plaza, LLC.  Michael Gross and Doug Richardson of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service; Tenant Phone: 520.869.5258[/mepr-show]

RETAIL – 3940 E. GRANT RD., TUCSON
Super Nails leased 675-square-feet in the Fry’s Shopping Center at 3940 E. Grant Rd. in Tucson from Grant and Alvernon Realty Trust.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 2001 ORANGE GROVE RD., TUCSON
Tula Wellness has leased 500-square-feet of medical office space at 2001 Orange Grove Road from HTA-Tucson Medical Office, LLC. The tenant was self-represented. Dave Montijo with CBRE’s Tucson office represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.577.1129[/mepr-show]

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Ventana Distribution at Tangerine Commerce Park Sells for $8.6 Million

Tangerine Commerce Park site plan 2The Ventana Medical distribution building at 9831 W Tangerine Road in Marana in Tangerine Commerce Park was sold by Cottonwood Properties’ (Bill Hallinan, CFO) affiliate, Tangerine Building One, LLC. Ventana Medical Systems, Inc., headquartered in Oro Valley, Ariz., is a member of the Roche Group and is a world leader and innovator of tissue-based cancer diagnostic solutions for patients worldwide.

The 60,000-square-foot distribution facility is a build-to-suit for Ventana Medical Systems, Inc. that broke ground August 2014. Ventana will continue to lease the property.

The property is located in Tangerine Commerce Park off Interstate 10 at the Tangerine Road interchange and is the only mixed-use and industrial development along quickly developing Tangerine Corridor. With direct access to Oro Valley and the bio-tech industries, the park provides a range of retail and employment uses from smaller 2- to 3-acre requirements up to 100-acre requirements.

Bill Hallinan said, “We anticipate Tangerine Commerce Park becoming a key industrial park for accommodating logistics centers. Ventana Medical was the first development within the business park and the Tangerine Corridor is ideal for this type of development.”

Tangerine Commerce Center is also part of the Marana Job Creation Incentive Program (MJCIP) that includes an employee relocation allowance, training and internship allowance and allowances made through construction tax reimbursements. Marana also offers the Expedited Development Review Incentive Programs.

Bill DiVito and Jesse Blum with CBRE in Tucson represented the investor, a group from Anchorage, AK International Center Tucson, LLC (Stuart Boyd, member). The Ventana Building was listed with Mark Ruble of Marcus & Millichap in Phoenix who represented the seller.

The additional lots are being marketed by Divito and Blum at CBRE. Divito should be reached at 520.321.3339 and Blum is at 520.321.3335.

To learn more see RED Comp #3345.

 

 

 




Tucson Lease Report September 28 – October 2, 2015

Real Estate Daily News
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from September 28 thru October 2, 2015.

INDUSTRIAL – 2201 E. MEDINA RD., TUCSON
Ferguson Enterprises has renewed their lease of 86,000-square-feet of warehouse space at 2201 E. Medina Road in Medina Business Park from US REIF Tucson Commerce Center. The tenant was self-represented. The landlord was represented by Bill Divito and Jesse Blum with CBRE’s Tucson office.

INDUSTRIAL – 4021 E. COLUMBIA ST., TUCSON
Omega Tool & Mold, LLC leased 9,000-square-feet at 4021 E. Columbia St., Suite 101 in Tucson from Dybvig White Mountains, LLC.  Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Robert Herd with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.807.7737[/mepr-show]

INDUSTRIAL – 3951 E. MICHIGAN, TUCSON
Orion Trading Corp has leased 8,370-square-feet of warehouse space at 3951 E. Michigan Suite 168 from Copper Pointe Business Park. Gordon Wagner of Coldwell Banker Commercial represented the tenant. The landlord was represented by Tim Healy and Bob DeLaney, also with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking lease rate: $0.50 SF/MO NNN; Tenant Phone: 520.622.6588[/mepr-show]

INDUSTRIAL – 2550 DRAGOON ST., TUCSON
Tucson Tamale Wholesale Co. has leased 7,875-square-feet of warehouse space at 2550 Dragoon Street at Center Pointe Commerce Center from Dragoon Business Center Partnership. The tenant was represented by Paul Rosado, CCIM. The landlord was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.305.4760[/mepr-show]

OFFICE – 6565 E CARONDELET DR., STE 235, TUCSON
Arizona EndoVascular Center, PLLC renewed their lease for 7,337 square feet of medical office space at 6565 E. Carondelet Dr., Suite 235 in Tucson from Tucson Medical Investors, Ltd.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction.

OFFICE – 6400 E. GRANT RD., TUCSON
Capital Connect, Inc. has leased 6,007-square-feet of office space at Courtyard Center located at 6400 E. Grant Road. The landlord, La Mirada, LLC, was represented by Rick Kleiner with Picor Commercial. The tenant was represented by Dave Montijo and Damian Wilkinson with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Full Service; Tenant Phone: 520.209.2525[/mepr-show]

INDUSTRIAL – 9367 E. OLD VAIL ROAD, TUCSON
Sunland Home, LLC has renewed their lease for 5,824-square-feet of warehouse space at 9367 E. Old Vail Road from SUMAC LLC. The tenant was represented by Frank Mercier. The landlord was represented by Tim Healy and Bob DeLaney with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.885.4400[/mepr-show]

INDUSTRIAL – 3631 E. FARNUM PL., TUCSON
Energy Transport Logistics leased 5,760-square-feet at 3631 E. Farnum Pl. in Tucson from RLR Investments, LLC.   Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and David Gallaher with Tucson Industrial Realty, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.775.1263[/mepr-show]

OFFICE – 721 N 4th AVE., TUCSON
Amity Foundation has leased 5,663-square-feet of office space at 721 N 4th Avenue from Barrio Holdings, LLC. The tenant was represented by Bob Benedon with Centra Realty, LLC. Buzz Isaacson and Jeff Casper of CBRE’s Tucson office represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.989.3007[/mepr-show]

OFFICE – 2430 E 6TH STREET, TUCSON
Lifeshare Management Group, LLC leased 4,394 square feet of office space at 2430 E. 6th St. in Tucson from Harvey Trust.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Paddy Mullen with Cushman & Wakefield of Missouri, represented the tenant in this transaction.

OFFICE – 721 N 4th AVE., TUCSON
Haiku Learning Systems has leased 3,848-square-feet of office space at 721 N 4th Avenue from Barrio Holdings, LLC. The tenant was self-represented. Buzz Isaacson and Jeff Casper of CBRE’s Tucson office represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 574.538.2352[/mepr-show]

RETAIL – 6228 E. BROADWAY BLVD., TUCSON
Oasis Foods, LLC has signed a 3,300-square-foot lease of a yet-to-be-built retail space at Wilmot Plaza. The local company will open a Costa Vida–Fresh Mexican Grill franchise at the northeast corner of Broadway Boulevard and Wilmot Road. The landlord, BP Wilmot Plaza, LLC, was self-represented. The tenant was represented by Michael Laatsch and Nancy McClure with CBRE.

OFFICE – 2404 E. RIVER RD., TUCSON
Arianna Scholes-Douglas MD has subleased 3,821-square-feet of office space at 2404 E River Road from TMC Holding, Inc. The sub-landlord was represented Rick Kleiner, MBA and Tom Knox with Picor Commercial Real Estate Services. The tenant was represented by Michael Laatsch and Bruce Suppes with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.795.8188[/mepr-show]

OFFICE – 406 S. 4th AVE., TUCSON
Sky Island Alliance has leased 3,060-square-feet of office space at 406 S 4th Ave from 406 4th Avenue, LLC. The landlord was represented by Ian Stuart and Bruce Suppes with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.624.7080[/mepr-show]

OFFICE – 2570 S. 4ht AVE., TUCSON
Creative Networks, LLC has leased 3,000-square-feet of office space at 2570 S 4th Avenue from Madera Associates Group, LLC. The landlord was represented by Melissa Lal and Andy Seleznov with Larsen Baker. The tenant was represented by Jeff Casper with CBRE. [mepr-show rules=”58038″]Tenant Phone: 520.884.1651[/mepr-show]

RETAIL – 1841 and 1845 S. CRAYCROFT RD., TUCSON
WirelessPCS, LLC has leased 2,200-square-feet of retail space at 1841 and 1845 S. Craycroft Road from Ashraf Shiha. The tenant was self-represented. Michael Laatsch with CBRE’s Tucson office represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.232.3742[/mepr-show]

RETAIL – 5622 E BROADWAY BLVD., TUCSON
Creative Vapor, LLC leased 2,155 square feet in Broadway Center at 5622 E. Broadway Blvd. in Tucson from Broadway Craycroft, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 5656 E. GRANT RD., TUCSON
Crisis Response Network has leased 1,935-square-feet of office space at 5656 E. Grant Road from Fifty-Six Fifty-Six, LLC. The tenant was represented by Murray Gares with Ensemble Real Estate Solutions. The landlord was represented by David Volk and Bruce Suppes with CBRE’s Tucson office. [mepr-show rules=”58038″]Asking Lease Rate: $19.50 SF/YR Full Service; Tenant Phone: 520.622.6000[/mepr-show]

OFFICE – 1050 E. RIVER RD., TUCSON
Movement Mortgage has leased 1,852-square-feet of office space at 1050 River Road from Ashland Group Millennium, LLC. The tenant was represented by Jack T Glasgow with MOHR Partners. The landlord was represented by Bruce Suppes and Dave Volk with CBRE. [mepr-show rules=”58038″]Asking Lease Rate: $18.00 SF/YR Modified Gross; Tenant Phone: 520.314.1130[/mepr-show]

OFFICE – 201 W. CUSHING ST., TUCSON
Malena Produce has leased 1,838-square-feet of office space at 201 W. Cushing Street from Lizard Rock designs, LLC. The tenant was represented by Denisse Angulo-Badilla with Picor Commercial Real Estate. The landlord was represented by Ian Stuart with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.761.0906[/mepr-show]

OFFICE – 2292 W. MAGEE RD., TUCSON
Emblem Healthcare has leased 1,601 square feet of office space at 2292 W. Magee Road from Russell and Sandra Streiff Revocable Trust. The landlord was represented by Aubrey Finklestein with VAST Commercial Real Estate. The tenant was represented by Bruce Suppes with CBRE. [mepr-show rules=”58038″]Tenant Phone: 949.487.9500[/mepr-show]

OFFICE – 1050 E. RIVER RD., TUCSON
Omni Homes International has leased 1,597 square feet of office space at 1050 River Road from Ashland Group Millennium, LLC. The tenant was represented Calvin Case with Omni Homes International. The landlord was represented by Bruce Suppes and David Volk of CBRE. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Modified Gross[/mepr-show]

OFFICE – 3005 W. INA RD., TUCSON
Delores Ferguson CCMC has leased 1,500-square-feet of office space at 3005 W. Ina Road from StatDoc, LLC. The transaction was done with CBRE’s Tucson office with Jeff Casper representing the tenant and David Volk and Bruce Suppes representing the landlord. [mepr-show rules=”58038″]Asking lease rate: $19.00 SF/YR Modified Gross[/mepr-show]

FLEX OFFICE – 1870 W PRINCE RD, STE 20, TUCSON
Remblake Builders, LLC leased 1,440 square feet at 1870 W. Prince Rd., Suite 20 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

FLEX OFFICE – 4500 E SPEEDWAY BLVD, STE 113, TUCSON
Great Escape Tucson, LLC leased 1,272 square feet at 4500 E. Speedway, Suite 113 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 5075 N. LA CHOLLA BLVD., TUCSON
Jared Grant Insurance Agency has leased 1,200 square feet of office space at 5075 N. La Cholla Boulevard from 542 Hobart-Arizona, LLC. The landlord was represented by Dave Hammack with Volk Co. The tenant was represented by Bruce Suppes and Dave Volk with CBRE’s Tucson office.

RETAIL – 2229 E. BROADWAY BLVD., TUCSON
The City of Tucson, leased 1,177-square-feet at 2229 East Broadway Boulevard to Spork Press LLC. The tenant plans to use the space for bookbinding, letterpress, graphic design and production services, and the retail sale of books, music, and art. Roy Drachman of Roy Drachman Realty Company represented the tenant. Kevin Volk, Dave Hammack and Rick Borane of Volk Company represented the landlord. [mepr-show rules=”58038″]Asking lease rate: $6.75 SF/YR NNN[/mepr-show]

RETAIL – 4380 N. CAMPBELL AVE., TUCSON
Morris Hall, PLLC has leased 1,132 square feet of office space at St. Philips Plaza located at 4380 N. Campbell Avenue. The tenant was represented by Bruce Suppes with CBRE’s Tucson office. The landlord, St. Philips Plaza, LLC, was represented by Bruce Suppes and Ian Stuart with CBRE’s Tucson office. [mepr-show rules=”58038″]Tenant Phone: 520.320.5100[/mepr-show]

INDUSTRIAL – 3820 E. 44th ST., TUCSON
BXB Builders, LLC, dba Sun Earth Builders, leased 1,100 square feet at 3820 E. 44th St., Suite 410 in Tucson from RR44, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.955.9218[/mepr-show]

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Bradley Dunwell, dba Proteum Machining, leased 1,000-square-feet at 2112 N. Dragoon St., Suite 15 in Tucson from Rich Rodgers South, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.