Tucson Lease Report July 3-7, 2017

Tucson Lease report 3-13-16
Tucson Lease Report July 3-7, 2017

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 3 thru 7, 2017.

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Skyline Assayers & Laboratories leased 3,000-square-feet at 2112 N. Dragoon St., Suites 1-3 in Tucson, from Rich Rodgers South, Inc.  Max Fisher, with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.622.4836[/mepr-show]

RETAIL – 120 S. HOUGHTON RD., TUCSON
Hops Sports Grill has signed a lease for 2,540-square-feet at 120 S. Houghton Road, Suite 174 in Montesa Plaza, located at the southwest corner of Broadway Blvd. and Houghton Rd. Hops Sports Grill is a sports themed, full-service sports grill that features pub food and an indoor/outdoor beer garden serving craft beers, wine and signature cocktails. This family friendly sports grill will also have a kid’s play area. The owners, Brian and Isabelle Luceri, expect the new sports grill to open in September 2017.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, Montesa Plaza, LP.

OFFICE – 11115 – 11125 N. LA CANADA DR., TUCSON
Oro Valley Health & Wellness Chiropractic Corporation leased 1,696-square-feet of office space at 11115 & 11125 N. La Canada Drive. Christopher Itule of Long Realty represented the tenant. Bruce Suppes of CBRE represented the landlord, La Canada Office, LLC, in the transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR Modified Gross[/mepr-show]

INDUSTRIAL – 6894 N. CAMINO MARTIN, TUCSON
Grace Retreat Foster Care and Adoption Services Corporation leased 1,500-square-feet in Old West Business Park, 6894 N. Camino Martin, Suite 100 in Tucson, from Camino Martin Partners II, LLC.  Cushman & Wakefield | PICOR Industrial Specialists handled this transaction.  Max Fisher represented the tenant, and Brandon Rodgers, CCIM, Principal, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.70 SF/MO Modified Gross; Tenant Phone: 520.276.9661[/mepr-show]

OFFICE – 78 W. CUSHING ST., TUCSON
Illume Advising, LLC leased 1,335-square-feet of office space at 78 W. Cushing Street. Kevin Volk of Volk Company represented the tenant. David Volk and Bruce Suppes of CBRE represented the landlord, TWW Investments, LLC, in the transaction.

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Arison Construction, LLC leased 1,000-square-feet at 2112 N. Dragoon St., Suite 24 in Tucson, from Rich Rodgers South, Inc.  Max Fisher, with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.882.5175[/mepr-show]

INDUSTRIAL – 3959 E. SPEEDWAY BLVD., TUCSON
Draeger Safety Diagnostics, Inc. leased 794-square-feet of office/warehouse space in Central Point Business Plaza, 3959 E. Speedway Blvd., Suite 317 in Tucson, from Central Point Tucson, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.  [mepr-show rules=”58038″]Asking lease rate: $0.49 SF/MO NNN; Tenant Phone: 520.882.8282[/mepr-show]

OFFICE – 3636 N. CENTRAL AVE., TUCSON
The GSA-Army Corps of Engineers leased office space located at 3636 N. Central Avenue, Phoenix, Arizona, from Heckethorn Towers, LLC. Carpenter Robbins Commercial Real Estate located in San Ramon, California, and Tucson Realty & Trust Co., worked as Co-Brokers, representing the Tenant. Scott Baumgarten of Cushman & Wakefield in Phoenix, Arizona, represented the Landlord in the transaction.

To learn more login. Submit sales and leases to [email protected]




Tucson Lease Report June 26 – 30, 2017

Tucson Lease report 3-13-16The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 26 thru 30, 2017.

RETAIL – 1861 W GRANT ROAD, TUCSON
Southern Arizona Graphic Associates, Inc. leased 14,070-square-feet at 1861 W. Grant Rd., Suite 100 in Tucson, from Walker Tucson Properties, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 9348 S RITA ROAD, TUCSON
TMC Medical Network renewed and expanded their lease with TMC Holdings, Inc. for a total of 5,494-square-feet of medical office space located at 9348 S. Rita Rd. (Suites 100 and 120), and 9356 S. Rita Rd. (Suite 180), in Tucson.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 1715 E SKYLINE DR., TUCSON
Ameriprise Holdings, Inc. leased 5,352-square-feet at 1715 E. Skyline Dr. in Tucson, from United Insurance Company of America. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, and Brian Adelstein with Cushman & Wakefield of Illinois, represented the tenant in this transaction.  James Hardman with DSW Commercial Real Estate represented the landlord.

RETAIL – 16400 N ORACLE RD., CATALINA
MPG Automotive Services Catalina, LLC leased 5,280-square-feet at 16400 N. Oracle Rd. in Catalina, AZ., from Dunamis Financial, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

RETAIL – 1201 W MIRACLE MILE, STE 101, TUCSON
Aaron Affordable Auto Repair leased 5,250-square-feet at 1201 W. Miracle Mile, Suite 101 in Tucson, from Tucson Summit, LLC.  Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction.

RETAIL – 2448 E BROADWAY BLVD., TUCSON
MPG Automotive, Inc. leased 3,775-square-feet at 2448 E. Broadway Blvd. in Tucson, from Dahlstrom 2448 Broadway, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Terry Dahlstrom with Volk Company, represented the landlord.

OFFICE – 4221 S SANTA RITA AVE., TUCSON
Jan-Pro Cleaning Systems leased 3,144-square-feet at 4221 S. Santa Rita Ave., Suite 101 in Tucson, from the Ronald W. Brown Trust.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Dave Blanchette, CCIM, with NAI Horizon, represented the tenant.

OFFICE – 1101 S COLUMBIA BLVD., TUCSON
Tucson Urban League Housing Corporation leased 3,055-square-feet at 1101 S. Columbia Blvd. in Tucson, from Business Park Limited Liability Partnership, LLP.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Jeramy Price with Volk Company, represented the landlord.

INDUSTRIAL – 1674 S RESEARCH LOOP, STE 402, TUCSON
Scream Creamery, LLC, dba The Screamery, leased 2,440-square-feet in Clairemont Plaza from Clairemont Partners, LLC.  The Screamery’s newest location, 1674 S. Research Loop, Suite 402 in Tucson, will be a commissary for the local chain of ice cream shops, which uses only organic ingredients, including milk and cream from grass-fed cows, eggs and sugar.  Cushman & Wakefield | PICOR Industrial Specialists handled this transaction.   Rob Glaser, SIOR, CCIM, and Max Fisher represented the landlord in this transaction.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, represented the tenant.

OFFICE – 4500 E SPEEDWAY BLVD., TUCSON
T and T Motivators, LLC leased 2,400-square-feet in Midway Business Park, 4500 E. Speedway Blvd., Suites 31-32 in Tucson, from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 2480 W RUTHRAUFF RD., STE 110, TUCSON
Power and Exercise Fitness Center, LLC leased 2,400-square-feet in Ruthrauff Commerce Center, 2480 W. Ruthrauff Rd., Suite 110 in Tucson, from Presson Scottsdale, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3553 S 12TH AVE., STE 190, TUCSON
USA Mattress leased 1,200-square-feet at 3553 S. 12th Ave., Suite 199 in Tucson, from NAI Investments, LLC.  Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 4955 N SABINO CANYON RD., STE 107, TUCSON
Tamra Young Insurance Agency, dba Farmers Insurance, leased 1,140-square-feet in Hidden Valley Inn Plaza, 4955 N. Sabino Canyon Rd., Suite 107 in Tucson, from HVIP, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Jeramy Price with Volk Company represented the tenant.

RETAIL – 1655 S ALVERNON WAY, TUCSON
Migdalia Day and Cesar Rodriguez, dba Diego Mexican Grill, leased approximately 1,140- square-feet of Retail space located at 1655 S. Alvernon Way, Tucson, Arizona, from Shawn R. Abrahams.  Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

INDUSTRIAL – 2112 N DRAGOON, STE 8, TUCSON
JDP Dental Lab, Inc. leased 1,000-square-feet at 2112 N. Dragoon, Suite 8 in Tucson, from Rich Rodgers South, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 666 N BISBEE AVE., WILLCOX, AZ
Jess Joseph Underberg, dba Jewels by Jess, leased approximately 900-square-feet of retail space located at 666 N. Bisbee Avenue, Willcox, Arizona, from Richard and Beverly Riedel.  Pat Darcy of Tucson Realty & Trust Co. represented the Landlord in the transaction.

RETAIL – 5333 S 12TH AVE., TUCSON
WirelessPCS, LLC, dba MetroPCS, leased approximately 865-square-feet of retail space located at 5333 South 12th Avenue, Tucson, Arizona, from Trinum Properties, LLC.  Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction.

RETAIL – 5339 S 12TH AVE., TUCSON
Matilde Bronsten, dba Matilde Tax Service, leased approximately 865-square-feet of retail space located at 5339 South 12th Avenue, Tucson, Arizona, from Trinum Properties, LLC.  Frank Arrotta of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction

INDUSTRIAL – 245 S PLUMER AVE., TUCSON
Apex Applied Technology, Inc. leased 400-square-feet in Commerce Plaza, 245 S. Plumer Ave., Suite 19A in Tucson, from Plumer Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4560 E BROADWAY BLVD., STE 208, TUCSON
Bella Window and Door, LLC leased 130-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 208 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office and Investment Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Submit sales and leases to [email protected]




Smaller Office Building Sales Lively in Tucson

7479 E Tanque Verde Rd., Tucson, AZ

TUCSON, ARIZONA — Office sales of smaller office buildings has been active lately, with market vacancies at a seven year low in Tucson. There has been $17.3.6 million in sales volume this quarter with $400,000 the median sale price and 3,538-square-feet the median building square-footage.

William and Susan Daugherty purchased a 1,900-square-foot office building in the Central Submarket, located at 7479 E. Tanque Verde Rd. in Tucson, from Albatross Enterprise, LLC for $475,000 ($250 PF).   The building in Tanque Verde Place was built in 2007 and was leased to Title Security Agency of Arizona when it sold.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Tony Reed and Chris Itule with Long Realty Company represented the buyer.

810 E Fort Lowell Rd, Tucson, AZ

Esquera Development, LLC purchased a 2,400-square-foot office building, located at 810 E. Fort Lowell Rd. in Tucson in the Central Submarket, from Jimmy Dale Pyland for $315,000 ($131.25 PSF). Built in 1961 the property is adjacent to Arizona Tile, also owned by the buyer. Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Rob Glaser, SIOR, CCIM, with Cushman & Wakefield | PICOR and Joshua Brown with Jackson & Cooksey, Dallas, TX, represented the buyer.

Tuczona 2, LLC purchased the 2,500-square-feet free-standing office building in the Eastern Submarket, located at 6475-6479 E. 22nd Street in Tucson. Michelle Minkus of Home Smart represented the buyer.  Bruce Suppes of CBRE represented the seller, The Family Trust, in the transaction. The purchase price was $200,000 ($80 PSF).

EAZ-BAKARETH LLC purchased a 2,159-square-foot freestanding former medical building in the Central Submarket, located at 3925 N 1st Avenue in Tucson from Loren Cipolla and Marie Mendoza-Cipollo. The purchase price was $180,000 ($83 PSF) that included a second lot for expansion. The building was built in 1973 and was vacant at time of sale. The buyer purchased it for redevelopment as an assisted living home. Roy Drachman with Roy Drachman Realty Company of Tucson represented the seller and Tayyeb Ahmad with OZ Realty in Phoenix represented the buyer.

To learn more, see RED Comps # 4886, #4925, #4926 and #4927.