The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 12 thru 16, 2017.

SPECIALTY – 100-126 W. 37^th ST., TUCSON
StrengthBuilding Partners, dba Las Puertas Community School, leased 7,808-square-feet at 100-126 W. 37th St. in Tucson, from Tin Cup Properties, LLC.  Las Puertas Community School is a college readiness, tuition-free, public charter school serving grades 6-10.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. The team of Russell W. Hall, SIOR, GSCS, Stephen D. Cohen, and Kelly Fickle, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.55 – $0.63 SF/MO Modified Gross; Tenant Phone: 520.546.9296[/mepr-show]

OFFICE – 5828 N. ORACLE RD., TUCSON
Concord General Contracting leased 4,048-square-feet of office space at 5828 N. Oracle Road. Jeff Casper of CBRE represented the tenant. Mark Irvin, CCIM, SIOR, of Mark Irvin Commercial Real Estate Services represented the landlord, Dr. Shara Pahdi, in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.327.2110[/mepr-show]

 INDUSTRIAL – 1548 S. EUCLID AVE., TUCSON
Still Point Fencing Studio leased 4,000-square-feet at 1548 S. Euclid Ave., Suite B in Tucson, from Rich Rodgers North, Brandon Rodgers, CCIM, with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Robert Fischrup with Vast Real Estate Solutions represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.609.9481[/mepr-show]

RETAIL – 1765 W. VALENCIA RD., TUCSON
Starbucks Corporation leased a 3,000-square-feet building at 1765 West Valencia Road. The building, which is currently under construction, is located at the southwest corner of Valencia and Indian Agency Road, adjacent to a brand new 100,000 square foot Fry’s grocery store. This is the first new Fry’s store to open in Tucson in almost ten years. Other tenants in the center include Nationwide Vision, Pizza Patron, and Great Clips. Greg Furrier of Cushman & Wakefield | PICOR represented the Tenant. Brenna Lacey of Volk Company represented the landlord, Steamroller Pad LLC.

INDUSTRIAL – 3534-3538 N. ROMERO ED., TUCSON
Chiral Research, Inc. leased 3,000-square-feet at 3534–3538 N. Romero Rd., Suites 112 and 118 in Tucson, from Costa Verde Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.[mepr-show rules=”58038″] Tenant Phone: 520.219.0196[/mepr-show]

OFFICE – 6383 E. GRANT RD., TUCSON
Milligan Dancesport, LLC, leased 2,135-square-feet at 6383 East Grant Road, Suite 115. The Landlord, EMET, LLC, was represented by Greg Boccardo, CCIM, of Boccardo Realty. Rick Borane of Volk Company represented the tenant.

OFFICE – 10371 N. ORACLE RD., ORO VALLEY, AZ
New Horizon Tutoring recently agreed to lease 1,265-square-feet of office space at 10371 N. Oracle Road, Oro Valley.  The owner of the property is The Lake Investment Group LLC.  Bob Davis of Tango Commercial Real Estate represented the tenant and Tom Nieman of Cushman Wakefield | Picor represented the tenant/landlord. [mepr-show rules=”58038″]Asking lease rate: $16.82 – $18.84 SF/YR Modified Gross[/mepr-show]

RETAIL – 4955 N. SABINO CANYON RD., TUCSON
Tamra Young Insurance Agency leased 1,140-square-feet at 4955 North Sabino Canyon Road, Suite 107, for a Farmers Insurance office. Jeff Zellet of Cushman & Wakefield | PICOR Commercial Real Estate represented the Landlord, HVIP, LLC. Jeramy Price of Volk Company represented Tamra Young Insurance Agency. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR NNN[/mepr-show]

OFFICE – 1701 W. ST. MARY’S RD., TUCSON
Arizona Gastroenterology, Ltd. leased 1,000-square-feet of medical office space in Century Medical Plaza, 1701 W. St. Mary’s Rd., Suite 125 in Tucson, from Healthcare Realty Services Incorporated.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  David Montijo with CBRE, Inc. represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $19.00 SF/YR Full Service; Tenant Phone: 520.742.4139[/mepr-show]

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Spray Works, LLC leased 1,000-square-feet at 2112 N. Dragoon St., Suite 20 in Tucson, from Rich Rodgers South, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.63 SF/MO Modified Gross; Tenant Phone: 520.741.2787[/mepr-show]

RETAIL – 4056 E 22ND STREET, TUCSON
My Peak Wireless, LLC leased 960-square-feet at Randolph Plaza, located east of the southeast corner of 22^nd Street and Alvernon Way. The address of the new store is 4056 E. 22^nd Street, Tucson, AZ. My Peak Wireless has 31 stores nationally. The new store is expected to open July 2017. Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, Randolph Plaza II, LLC, and the Tenant, My Peak Wireless, LLC, was represented by Marty Olejarczyk of GPS Retail Advisors in this lease transaction.

TUCSON, Arizona — The nonprofit, Community Foundation for Southern Arizona (Fred Chaffee, Chairman) purchased the office campus at 5049 E Broadway Blvd in Tucson from the Catalina Council of Boy Scouts of America for $2 million ($77.29 PSF) and the Catalina Council of Boy Scouts of America bought the office at 2250 E Broadway Blvd from Community Foundation for Southern Arizona for $500,000 ($98 PSF).

Both nonprofits occupied the properties they sold to the other and will trade places once the tenant improvements are complete.

The Campus environment at 5049 E Broadway consists of three buildings, two single-story and a two-story building totaling 25,878-square-feet, built 1978 on 1.66 acres. The Boy Scouts occupied approximately 5,000-square-feet and a Scout Shop here and were looking to get out of the landlord business. The property was 80% occupied when it sold on month-to-month leases.

The Community Foundation needs the office campus for space to combine its charities at one location. The building they were in at 2250 E Broadway Blvd is 5,099-square-feet on .9 acre built in 2000, a perfect size for the Boy Scouts to occupy.

Formed in 1980, the Community Foundation works directly with other nonprofits, government, the business community and other partners in philanthropy to enact long-term solutions in areas such as animal welfare, arts and culture, community development, education, environment, health and human services.

Since 1920, the Tucson Council of Boy Scouts of America was formed and changed its name to Catalina Council in 1922.

Greg Boccardo of Boccardo Realty in Tucson represented the Boy Scouts and Jon O’Shea of Vast Commercial Real Estate Solutions in Tucson represented the Community Foundation.

For more information, O’Shea can be contacted at 520.624.9400 and Boccardo should be reached at  520.955.0777.

To learn more, see RED Comp #4783 and #4778.

TUCSON, Arizona — CBRE facilitated the sale of Sierra Valencia at the northeast corner of Valencia and Hemisphere Loop in Tucson International Business Center to California investors for $6.314 million ($76 PSF). The 82,737-square-feet industrial flex building was fully occupied technically with two spaces with 9,000-square-feet soon to become available.

Built in 1990 on 5.5 acres near Tucson International Airport, the concrete tilt-up building features 16’ ceilings, 199 parking spaces with 44 covered, and fully sprinklered space for ten office / industrial tenants.

This versatile flex building covers a broad range of uses and can combine one or more uses in a single facility, including office space, research and development, showroom retail sales, light manufacturing research and development (R&D) and even small warehouse and distribution uses.

Tenant mix includes: Advanced Facility Design Architecture and Engineering, MC Technologies, Inner Step Printed Circuit Boards, 4D Technology Corporation, Protection One Security and Stratasys Direct Manufacturing.

The seller, Tucson Property Investors, LLC (Pat Lopez III, manager) was represented by the CBRE Team of Bob Delaney, Tim Healy, Michael Sandahl and Martin Encinas in Tucson.

The buyer, Sierra Valencia Properties LLC and the Tarazi Family Trust, of Tarzana, California purchased for it for investment. Delaney and Healy with CBRE are also handling the leasing of the property for the new owner.

For more information, Delaney, Healy, Sandahl and Encinas can be reached at 520.323.5100.

To learn more, see RED Comp #4739.

15100 Family Limited Partnership purchased Ajo/Evans Business Park, a 35,425-square-foot, multi-tenant industrial property located on 3.07 acres at 1100 & 1200 E. Ajo Way, and 3819 & 3855 S. Evans Blvd. in Tucson.   The property was purchased for investment at $2.2 million ($62 PSF) from Ajo/Evans Business Park, LLC.

Pat Welchert, SIOR, and Jeff Zellet with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Welchert is now with Alpha Commercial Real Estate Service in Tucson. James Leonard with My Home Group, LLC in Tempe represented the buyer.

For more information, Zellet should be reached at 520.546.2739, Welchert is at 520.360.9394, and Leonard can be contacted at 480.685.2760.

To learn more, see RED Comp #4840.

TC Building, LLC purchased a 32,410-square-foot industrial building located at 840 – 850 E. 18^th St. in Tucson, from KAR4 Properties Limited Partnership, Jay D. Farbstein Trustee of the 1995 Farbstein Arizona Trust for Jay Farbstein, and Ellen Farbstein, Trustees of the 1995 Farbstein Arizona Trust for investment at $1,617,720 ($50 PSF).

Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial specialists with Cushman & Wakefield | PICOR, represented the buyer in this transaction.  Bob DeLaney and Tim Healy with CBRE, Inc. represented the seller.

For additional information, Cohen and Hall can be called at 50.748.7100 and DeLaney and Healy are at 520.323.5100.

To learn more, see RED Comp #4800.

Rocbeat, LLC (Rocco Bruno, Jr. manager) purchased a 7,974-square-foot industrial building located at 1677 S. Research Loop in Tucson, from Java Property Investments II, LLC for $499,950 ($62.69 PSF).

Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Greg Boccardo with Boccardo Realty represented the buyer.

For more information, contact Zimmerman at 520.546.2755 and Boccardo at 520.955.0777.

To learn more, see RED Comp #4824.

Long Far Investments, LLC (Tom Kittle, manager) purchased a 5,940-square-foot industrial building located at 19 W. Ventura St. in Tucson for $289,500 ($49 PSF).  The buyer is completely remodeling the property and has it on the market available for lease.

Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR represented the seller, 19 West LLC, in this transaction.

For more information, Hooker can be reached at 520.546.2704.

To learn more, see RED Comp #4822.