The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 20 thru 24, 2017.

OFFICE – 2945 W. INA RD., TUCSON
Northwest Tucson Dialysis leased 6,474-square-feet of office space at 2945 West Ina Road in Russell Plaza. Christine Veldhuizen of Cassidy Turley represented the tenant. David Volk and Bruce Suppes of CBRE represented the landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $23.50 SF/YR Modified Gross; Tenant Phone: 520.297.1490[/mepr-show]

RETAIL – 5415 E 22^nd ST., TUCSON
The 3000 Club, Inc. leased 5,835-square-feet at 4515 E. 22^nd St. in Tucson, from RRN, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.373.5256[/mepr-show]

RETAIL – 8981 E. TANQUE VERDE RD., TUCSON
Framework Fitness Training, LLC leased 3,600-square-feet of retail space at 8981 E. Tanque Verde Road in the Bear Canyon Shopping Center. Jeramy Price of Volk Company represented the tenant. Melissa Lal, CCIM, and Andy Seleznov, CCIM, from Larsen Baker and Pete Villaescusa and Jesse Peron of CBRE represented the landlord, Bear Canyon Associates, LLC in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.465.6895[/mepr-show]

RETAIL – VALENCIA MARKETPLACE SHOPS, TUCSON
GoWireless, Inc leased 2,500-square-feet at Valencia Marketplace Shops for a Verizon Wireless store. Valencia Marketplace Shops are 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. Brian Gast of Velocity Retail Group represented the Tenant. Kevin Volk and Brenna Lacey of Volk Company represented the landlord, Steamroller LLC.

INDUSTRIAL – 3755 E. 34^th ST., TUCSON
Unique DSC Designs, LLC leased 2,100-square-feet at 3755 E. 34^th St., Suite 109 in Tucson, from Rodgers Investment Fund, II, LP.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 – $0.65 SF/MO Modified Gross[/mepr-show]

RETAIL – 140 W DUVAL MINE RD., #130, TUCSON
Oolala Nails, leased approximately 1501-square-feet of retail space located at 140 W Duval Mine Road, Suite 130, Tucson, Arizona, from CJR at Bullhead LLC, LLC.  Gary Heinfeld and Ryan Heinfeld of Advisors in Real Estate, Inc. represented the Landlord.

RETAIL – 8567 N Silverbell Road, Marana, AZ.
A Hair Salon, leased approximately 1,487-square-feet of retail space located at 8567 N Silverbell Road, Suite 111, Tucson, Arizona, from 8567 North Silverbell LLC.  Gary Heinfeld and Ryan Heinfeld of Advisors in Real Estate, Inc. represented the Landlord and Juan Pantoja of Grimm Commercial LLC represented the Tenant in the transaction.

RETAIL/ OFFICE – 10132 N Oracle Road, Oro Valley, AZ
Mr. A+ Academy leased approximately 800-square-feet of retail/office space located at 10132 N Oracle Road, Suite 180, Oro Valley, Arizona, from CJR Investments LLC.  Gary Heinfeld and Ryan Heinfeld of Advisors in Real Estate, Inc. represented the Landlord.

RETAIL – 4558 E. BROADWAY BLVD, TUCSON
Envisioned Printing & Design leased 720-square-feet of retail space at 4558 E. Broadway in Midstar Plaza. Christopher Itule of Long Realty represented the tenant. Nancy McClure of CBRE represented the landlord, Midstar Partners, LLC in the transaction.

TUCSON, Arizona — Cushman & Wakefield | PICOR Industrial Specialist, Brandon Rodgers, general partner in two buying entities recently purchased two industrial investment properties.

Friebus Investors, LLC purchased a 45,750-square foot industrial building located at 2301/2341 S. Friebus Ave. in Tucson, from Oak Properties for $1.75 million ($38.25 PSF).

Built in 1984, the property was 89% occupied at time of sale and not on the market when it sold.

Tenants include: Heating & Cooling Supply, Caring Transitions of Southern Arizona, Masterlink Communications, Paragon Instruments, and Eiger Sportsware.

In a second transaction, Forbes Investors, LLC purchased two industrial buildings located at 2002-2010 N. Forbes Blvd. in Tucson.   Comprised of 41,252-square-feet (built 1974), the property is located in the Broadbent Industrial Center and sold from Tucson North Forbes Ventures LLC, Red Bird Investments LLC and Scheer Investments LLC for $2.5 ($59.85 PSF).

Ron Zimmerman Industrial Specialist at Cushman & Wakefield | PICOR represented the sellers and Brandon Rodgers represented the buyer.

The property is a stabilized investment that sold 97% occupied with 4,000 SF was available at time of sale.

Tenants include national and local businesses:  Optisource, Amerita Labs, Comfort Systems, Classy Closeys, Burns Pest Control and Lecroy Milligan.

Rodgers is handling the leasing of both properties.

For more information, Rodgers should be reached at 520.546.2714 and Zimmerman can be contacted at 520.546.2755.

To learn more, login and see RED Comp #4481 and RED Comp #4522.

[mepr-show rules=”58038″] 2002-2010 N Forbes Blvd sold on 1/17/2017 for a precise sale price of $2,469,000 at an 8.8% stabilized cap rate.

2301-2341 S Friebus Ave sold on 1/30/2017 for $1,750,000 at an 8.3% cap rate.[/mepr-show]

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from February 6 thru 10, 2017.

INDUSTRIAL – 1070 E. VALENCIA RD., TUCSON
Aerovation, Inc leased a 34,626-square-foot hangar on 1070 E. Valencia Road at Tucson International Airport.  The Tucson Airport Authority was represented by Tim Healy, Bob DeLaney and Ian Stuart of CBRE. [mepr-show rules=”58038″]Tenant Phone: 520.308.6409[/mepr-show]

RETAIL – 4841 N. STONE AV., TUCSON
Tuesday Morning signed a 10-year lease with Brixmor at Northmall for 20,138-square-feet at 4841 N. Stone Avenue, Tucson, AZ, 85704, Suite 115. Signed in January 2017.  Brian & Tom Woods with Colliers International in Phoenix represented Tuesday Morning.

INDUSTRIAL – 2155 N. FORBES BLVD., TUCSON
Preferred Homecare leased 19,500-square-feet of industrial property located at 2155 N. Forbes Blvd. The tenant was represented by Bill DiVito and Jesse Blum of CBRE. [mepr-show rules=”58038″]Tenant Phone: 520.888.4002[/mepr-show]

INDUSTRIAL – 3741 N. I-10 EB FRONTAGE RD., TUCSON
Arizona Kawasaki KTM Triumph leased 13,440-square-feet at 3741 N. I-10 EB Frontage Rd., Suites 101 & 103 in Tucson, from Peacock Investment Builders Tucson I, LLC.  Russell Hall, SIOR, GSCS, Stephen Cohen and Rob Glaser, SIOR, CCIM, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Jake Ertle with Rein & Grossoehme Commercial Real Estate, LLC represented the tenant.

OFFICE – 1521 E. TANGERINE RD., TUCSON
Total Renal Care, Inc leased 7,828-square-feet of medical office space at 1521 E. Tangerine Road. The tenant was represented by Keith Lammerson of JLL. The landlord was represented by David Volk and Bruce Suppes of CBRE.

RETAIL – NW CORNER of PRINCE RD. and FAIRVIEW AVE., TUCSON
Just Right Mattress Outlet leased 4,000-square-feet in Del Norte Shopping Center, located at the northwest corner of Prince Rd. and Fairview Ave. in Tucson, from Prince Road Plaza, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 101 S. LA CANADA DRIVE, TUCSON
Movement for Life, Inc leased a 3,208-square-feet retail property at 101 S. La Canada Drive in the Green Valley Village shopping center. The tenant was represented by Brenna Lacey of the Volk Company. Michael Laatsch and Bruce Suppes of CBRE represented the landlord.

INDUSTRIAL – 3865 E. 34^th ST., TUCSON
Penalver Recovery, LLC renewed their lease for 2,200-square-feet in Alvernon Business Center, 3865 E. 34^th St., Suite 102 in Tucson, from AP & D Investments, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 736 E 46^th ST., TUCSON
Iglesia de La Reunión de La Gran Comisión renewed their lease for 2,146-square-feet at 736 E. 46^th St. in Tucson, from El Gato Investment Two, LLC.   Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3951 W. INA RD., TUCSON
Mobile One LLC, dba T-Mobile leased 2,587-square-feet at 3951 West Ina Road. The space is located in a pad building that is also occupied by Starbucks within Thornydale Plaza, a Target and Lowe’s anchored center at the southwest corner of Ina and Thornydale. Paul Holland of Colliers International represented the tenant. Dave Hammack of Volk Company represented the landlord, I.T. Investments One, LLC.

OFFICE – 7388 N. LA CHOLLA BLVD., TUCSON
Laboratory Corporation of America leased 2,035-square-feet of office space at 7388 N. La Cholla Blvd. in Tucson, from CD Gemini Properties, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction on behalf of the landlord.

INDUSTRIAL – 1027 S. EUCLID AVE., TUCSON
Paul Volpe leased 1,605-square-feet at 1027 S. Euclid Ave. in Tucson, from Rich Rodgers South, Inc.  Cushman & Wakefield | PICOR handled this transaction.  Brandon Rodgers, CCIM, represented the landlord, and Isaac Figueroa represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.47 SF/MO Modified Gross[/mepr-show]

INDUSTRIAL – 3534-3538 N. ROMERO RD., TUCSON
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, represented the landlord in this transaction.

INDUSTRIAL – 3534-3538 N. ROMERO RD., TUCSON
Southern Arizona Maintenance Service, LLC renewed their lease for 1,500-square-feet at 3534–3538 N. Romero Rd., Suite 142 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: 520.742.9622[/mepr-show]

RETAIL – 7545 S. HOUGHTON RD., TUCSON
T-Mobile leased 1,200-square-feet in Rincon Plaza, located at the SWC of Golf Links and Harrison Rds. in Tucson, from D and D Properties Group Management, LLC.  Greg Furrier and Jeff Zellet, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.   Paul Holland with Colliers International AZ, LLC, represented the tenant.

OFFICE – 3959 E. SPEEDWAY BLVD., TUCSON
F & N Enterprises / Communications, LLC renewed their lease for 1,100-square-feet of office/warehouse space in Central Point Business Plaza, 3959 E. Speedway, Suite 307 in Tucson, from Central Point Tucson, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.290.8119[/mepr-show]

OFFICE – 200 W. MAGEE RD., TUCSON
Terry Korte Agency leased approximately 1,030-square-feet of office space located at 200 W. Magee Road, Suite 130, Tucson, Arizona, from WVLC, LLC.  Michael Gross and Doug Richardson of Tucson Realty & Trust Co. represented the Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $20.50 SF/YR Full Service; Tenant Phone: 520.325.0650[/mepr-show]

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
Faith, Weights and Protein Shakez, LLC leased 990-square-feet in Midway Business Park, 4500 E. Speedway Blvd., Suite 42B 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″]Asking lease rate: $0.75 – $0.80 SF/MO Modified Gross[/mepr-show]

INDUSTRIAL – 3921 E. 29^th ST., TUCSON
Auto Cash Leasing, LLC leased 827-square-feet in Midpoint Business Plaza, 3921 E. 29^th St., Suite 306 in Tucson, from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.512.8808[/mepr-show]