Tucson Lease Report December 12 – 16, 2016

Tucson Lease report 3-13-16The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from December 12 thru 16, 2016.

RETAIL – 5150 N Casa Grande, Tucson
Best In The West Golf Cars, LLC leased 5,760-square-feet of retail space at 5150  N. Casa Grande Highway in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE- 6440 E Broadway Blvd., Tucson
Jade Star Acupuncture leased 4,700-square-feet of office space at 6440 E. Broadway Blvd. in Tucson, from Carbas Properties. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Chris Tsighis and Daniel Yang with Coldwell Banker Residential Brokerage, represented the tenant.

OFFICE – 5307 E Broadway Blvd., Tucson
K12 Management, Inc. leased 3,750-square-feet of office space in Broadway Plaza, 5307 E. Broadway Blvd., Suite 5307 in Tucson, from Transamerica United Group, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Keith Lammersen with Jones Lang LaSalle Americas, represented the tenant in this transaction.

RETAIL – 1401 W Valencia Rd, Ste 151, Tucson
MPG Automotive Services Valencia, LLC and Gallo Transmission & Auto Care, LLC leased 2,650-square-feet at 1401 W. Valencia Rd., Suite 151in Tucson, from Valencia Auto Center, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 215 W Giaconda Way, Ste 161, Tucson
AAM, LLC leased 2,417-square-feet of office space at 215 W. Giaconda Way, Suite 161 in Tucson, from Giaconda 205 Partners, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Janine Irvin with Mark Irvin Commercial Real Estate Services, represented the tenant in this transaction.

RETAIL – 4519 E 22nd Street, Tucson
SJH Powersports, LLC, dba Cycles, Skis & ATVs, leased 2,400-square-feet at 4519 E. 22nd St. in Tucson, from RRN, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3360 S Palo Verde Rd., Tucson
Eazy Breezy Heating & Cooling leased 2,349-square-feet at 3360 S. Palo Verde Rd. in Tucson, from 44PV, LLC.  Jeff Zellet, Commercial Specialist, with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Nic Chavira and Tom Hunt with Tango Commercial Real Estate, LLC, represented the landlord.

RETAIL – 3534 N Romero Rd., Tucson
Redbox Automated Retail, LLC renewed their lease for 1,500-square-feet at 3534–3538 N. Romero Rd., Suite 124 in Tucson, from Costa Verde Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 31 N 6th Ave., Tucson
Merry’s Desert Business Solutions, LLC, dba The UPS Store, leased 1,200-square-feet of retail space in the historic Arizona Hotel, 31 N. 6th Ave., from Dabdoub Investments, LLC. Downtown Tucson’s only UPS Store will be located directly across the street from the Ronstadt Transit Center redevelopment. This location is projected to handle existing packing and shipping needs from downtown businesses, as well as the rapidly growing residential population in the area. The UPS Store will also handle a wide variety of printing requirements, including large scale projects. Rob Tomlinson, Retail Specialist, with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 3720 S Park Ave., Ste 605, Tucson
Miracle Honeybee Company renewed their lease for 1,170-square-feet at 3720 S. Park Ave., Suite 605 in Tucson, from William Lee, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL  Valencia Marketplace Shops, Tucson
Kevin Volk and Brenna Lacey of Volk Company represented the landlord, Steamroller LLC, in a lease of 1,100-square-feet to Sabio Enterprises #1, LLC, dba Pizza Patron, at Valencia Marketplace Shops. 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. Pizza Patron joins Nationwide Vision, Lee Nails & Spa, and Great Clips at this project. A 2,500-square-feet end-cap space with a patio is still available! Chris Itule of Long Realty represented the Tenant.

OFFICE – 4560 E Broadway Blvd., Ste 215, Tucson
Arizona Life Financial Group, LLC leased 298-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 215 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 4560 E Broadway Blvd., Ste 212, Tucson
Martha Figueroa Penunuri leased 214-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 212 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Submit sales and leases to REDailyNews@outlook.com




Freddy’s and Native Grill Coming to Steampump Village in Oro Valley

steampumpBrenna Lacey and Dave Hammack of Volk Company in Tucson negotiated for the seller, Evergreen-Steam Pump, L.L.C. in the sale of two pads at Steam Pump Village in Oro Valley, Arizona for a total of $1.475 million:

  • Steampump Native purchased approximately 58,072-square-feet of land at 11107 North Oracle Road for $825,000 ($14 PSF)
  • Steampump Freddy’s LLC purchased approximately 67,751-square-feet of land at 11143 North Oracle Road for $650,000 ($9.59 PSF)

Freddy’s Custard & Steakburgers’ restaurants average between 3,200- and 3,500-square-feet and typically have indoor seating for roughly 100 individuals, with additional seating on the patio. Drive-thru service is also available.

This will be Freddy’s 4th location in the metro Tucson region.

In 2014, Native New Yorker officially updated its name to Native Grill & Wings. These days, a strong leadership team has majority ownership of the company. Together with the founding family and a growing group of franchisees, the new owners are working toward expanding Native Grill & Wings and receiving nationwide recognition. Recently named on Restaurant Business Magazine’s Future 50, Native has become known as a polished family-friendly sports grill that proudly offers over 20 wing flavors that guests can still order by the each!

Typical restaurants average between 5,000- and 5,600-square-feet. This will be Native Grill & Wings 5th restaurant in the metro Tucson region.

The buyer is a developer for both restaurants.

Steam Pump Village is a 42-acre, mixed-use project containing other businesses and amenities such as Basis School, Chili’s, Quik Trip, Holiday Inn, Tucson Children’s Museum, and new luxury apartments by HSL.

For more information, Lacey and Hammack should be reached at 520.326.3200.

To learn more see RED Comp #4204 and #4205.




Phoenix Lease Report July 25 – 29, 2016

Phoenix skyline 450x250 LEASE REPORTThe following commercial leases were reported to the Real Estate Daily News for the Phoenix Lease Report from July 25 thru 29, 2016

RETAIL – NWC of QUEEN CREEK RD and HIGLEY RD., GILBERT
Cellular Sales of Arizona, LLC, leased 3,600-square-feet within Higley Pavilion at the northwest corner of Queen Creek Road and Higley Road in Gilbert, Arizona. The tenant’s space will be located in a pad building to be constructed in front of the shopping center. The tenant is an authorized dealer for Verizon Wireless. Jason Fessinger of Strategic Retail Group represented the landlord, Higley Pavilion, LLC.  Brenna Lacey of Volk Company represented the tenant.

RETAIL – 3308 N. McCLINTOCK DR., TEMPE
A retail lease renewal for 2,326-square-feet within 3308 N. McClintock Dr. in Tempe, AZ to Bottle Shop 48 was recently consummated. The owner of the center is McClintock, LLC. Jared Lively of Rein & Grossoehme represented both the Tenant and the Landlord on this transaction.

RETAIL – 12446 N. 28th DR., PHOENIX
A lease for 1,384-square-feet in Metro Village Shopping Center to Iglesia Cristiana Dulce Presencia was recently consummated. The location of the property is 12446 N 28th Dr. Phoenix, AZ. The owner of the center is Metro Village Family Trust. Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.

RETAIL – 4494 W. PEORIA, GLENDALE
A lease for 1,046-square-feet in Plaza 44 Shopping Center to El Elyon Tax Service was recently consummated. The location of the property is 4494 W Peoria in Glendale, AZ. The owner of the center is Plaza 44 Trust.  Richard Mackay of Rein & Grossoehme Commercial Real Estate represented the owner and the tenant.