Tucson Lease Report March 6 – 10, 2017

Tucson Lease report 3-13-16The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 6 thru 10, 2017.

INDUSTRIAL – 4175 S. FREMONT AVE., TUCSON
Filter Products Corp. leased 11,406-square-feet at 4175 S. Fremont Ave., Suites 102-103 in Tucson, from Doubletree Investments, Inc.  Since 1967, Filter Products Corporation has proudly served customers around the world. They save individuals and companies thousands of dollars each year by providing competitive pricing and superior service.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tim Healy with CBRE, Inc. represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.55 SF/MO Modified Gross; Tenant Phone: 520.889.5781[/mepr-show]

RETAIL – 8981 E. TANQUE VERDE RD., TUCSON
Canyon Rose Academy leased 8,537-square-feet of retail space at 8981 E. Tanque Verde Road in the Bear Canyon shopping center. Peter Villaescusa and Jesse Person of CBRE and Melissa Lal, CCIM, and Andy Seleznov, CCIM, of Larsen Baker represented the landlord in the transaction. This will be the fifth location for Rose Management Group in Tucson and will be open for the 2017 fall semester. [mepr-show rules=”58038″]Asking lease rate: $13.00 -$35.00 SF/YR NNN; Tenant Phone: 520.514.5112[/mepr-show]

OFFICE – 6565 E. CARONDELET DR., TUCSON
Genesis OB/GYN, PC renewed their lease with Tucson 6565 Medical Properties, LLC, and expanded their office space to a total of 7,198-square-feet at 6565 E. Carondelet Dr. in Tucson.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Mark Irvin, SIOR, CCIM, with Mark Irvin Commercial Real Estate Services, LLC represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.392.7500[/mepr-show]

INDUSTRIAL – 4281 S. SANTA RITA RD., TUCSON
Larry Howard leased 4,695-square-feet at 4281 South Santa Rita Road, Tucson. The space, which features both dock and grade-level loading, is located within Tucson Business Park and will be used for distribution. Kevin Volk of Volk Company represented 4275 Santa Rita LLC the landlord.

RETAIL – 1702 S. WINMORE AVE., TUCSON
Centro Familiar Getsemani leased 4,000-square-feet at 1702 S. Winmor Avenue in Tucson from International Evangelistic Mission.  Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 2026 E. PRINCE RD., TUCSON
Ft. Lowell Realty & Property Management, Inc. leased 3,513-square-feet of office space at 2026 E. Prince Rd. in Tucson, from Prince Road Professional Plaza, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.  The tenant represented themselves in this transaction. [mepr-show rules=”58038″]Asking lease rate: $16.00 SF/YR Modified Gross; Tenant Phone: 520.322.0000[/mepr-show]

RETAIL – NW CORNER of I-19 and IRVINGTON RD., TUCSON
Southern Arizona Urgent Care leased 3,500-square-feet of retail space in Tucson from Irvington Interstate Partners, LLC.  Situated at the northwest corner of I-19 and Irvington Rd. in the Fashion Park Shopping Center, this will be the eighth Southern Arizona Urgent Care location serving the Tucson market.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Alan Tanner and Brig Stevens with Bourn Advisory Services, LLC, represented the landlord in this transaction.

RETAIL – 7401 N. LA CHOLLA BLVD., TUCSON
American Red Cross leased 2,985-square-feet of office space in the Foothills Mall, 7401 N. La Cholla Blvd. in Tucson, from FHM Partners.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, and Peter Omundson with Jones Lang LaSalle Americas, Inc., represented the tenant in this transaction.

RETAIL – 4508 E. BROADWAY BLVD., TUCSON
The Little Bird Nesting Company will be moving May 1st to a 2,504-square-feet of retail space at 4508 East Broadway Blvd. in the Midstar Plaza shopping center. The tenant was represented by Jeramy Price of the Volk Company. Nancy McClure of CBRE represented the landlord, Midstar Partners, LLC in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.203.7372[/mepr-show]

RETAIL – 541-599 W. 4th ST, BENSON
Asian Bistro, LLC leased 2,480-square-feet at Butterfield Plaza; Dave Dutson and Ben Craney, with NAI Horizon represented both landlord and tenant in this transaction.

RETAIL – 2890 E. SKYLINE DR., TUCSON
San Antonio Shoe, Inc., leased approximately 2,384-square-feet at Plaza Colonial, 2890 East Skyline Drive, Suite 190. The Landlord, Plaza Colonial LLC, was represented by David Carroll of Romano Real Estate. Debbie Heslop, CCIM, of Volk Company represented San Antonio Shoe, Inc. [mepr-show rules=”58038″]Tenant Phone: 520.327.4127[/mepr-show]

OFFICE – 9356 E. RITA RD., TUCSON
Patriot Internal Medicine, LLC leased 2,236-square-feet of medical office space at 9356 E. Rita Rd., Suite 140 in Tucson, from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.398.7079[/mepr-show]

OFFICE – 1152 N. CRAYCROFT RD., TUCSON
Dempsey’s Boarding Care, LLC has leased 2,177-square-feet at 1152 N. Craycroft Road, from Deebco Properties.  Andrew D. Sternberg and Robert J. Nolan of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.829.6047[/mepr-show]

INDUSTRIAL – 3865 E. 34th ST., TUCSON
ProLam Plus, SP leased 2,095-square-feet in Alvernon Business Center, 3865 E. 34th St., Suite 101 in Tucson, from AP & D Investments, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.45 SF/MO Industrial Gross; Tenant Phone: 520.398.7079[/mepr-show]

INDUSTRIAL – 305 S. EUCLID AVE., TUCSON
II-VI Optical Systems, Inc. leased 1,875-square-feet at 305 S. Euclid Ave., Suite 103 in Tucson, from Pascoe Investment-Arizona, LLC.  II-VI Optical Systems is a leading provider of high precision optical assemblies, systems and components for the defense/security, aerospace, medical and commercial industries.  Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, and Broker Assistant, Kelly Fickle handled this transaction.

RETAIL – 3630 W. TANGERINE RD., MARANA
Dove Mtn. Treats, LLC, dba Dairy Queen, leased 1,800-square-feet of retail space in The Shoppes at Tangerine Crossing, 3630 W. Tangerine Rd. in Marana, from Old Lobos T & T, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Rommie Mojahed with SVN / Desert Commercial Advisors represented the tenant.

RETAIL – 1830 E. BROADWAY BLVD., TUCSON
Walgreens leased 1,800-square-feet in the Marketplace On Broadway, located at the southwest corner of Broadway Blvd. and Campbell Ave. in Tucson, from Broadway Tucson Investors, LLC.  Greg Furrier and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – $19.00 SF/YR NNN[/mepr-show]

RETAIL – 4990 S. CAMPBELL AVE., TUCSON
Boost Mobile leased 1,600-square-feet of retail space at 4990 S. Campbell Ave., Suite 100 in Tucson, from Sabre-Campbell, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4400 E. BROADWAY BLVD., TUCSON
Dominic Escamilla Financial Services, LLC, leased approximately 1,577-square-feet of office space located at 4400 E. Broadway Boulevard, Tucson, Arizona, from 4400 Broadway, LLC. Michael Gross of Tucson Realty & Trust Co. represented the Landlord and Bob Herd of Excelsior Real Estate, represented the Tenant in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.298.9411[/mepr-show]

RETAIL – 1011 N. TYNDALL, TUCSON
Core Campus Tucson I LLC leased 1,570-square-feet on the ground floor of The Hub, a 592-bed student housing tower at 1011 North Tyndall. The tenant was represented by John Ash of CBRE. Debbie Heslop, CCIM, of Volk Company represented Core Campus Tucson I LLC.

RETAIL – 1608 S. CRAYCROFT RD., TUCSON
1602-1608 South Craycroft LLC leased 1,513-square-foot building at 1608 South Craycroft Road to Karina Terrazas and Mirna Alcaraz, to open a piñata store to serve the surrounding area. The building was formerly a child care center, and it is adjacent to a 2,550-square-foot, freestanding, former Circle K building that is currently available for lease. Kevin Volk of Volk Company represented 1602-1608 South Craycroft

INDUSTRIAL – 1101 W. GRANT ED., TUCSON
Miner Southwest, LLC renewed their lease for 1,500-square-feet at 1101 W. Grant Rd., Suite 201 in Tucson, from the Sloat Family Partnership, LLLP.  Miner® is North America’s facility expert in equipment installation, repairs and asset management solutions to reduce customer costs and improve uptime, creating a safer and more sustainable environment. Cushman & Wakefield | PICOR handled this transaction.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, represented the landlord.  Jeff Zellet represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.623.7881[/mepr-show]

RETAIL – 1335 W.LAMBERT LANE, ORO VALLEY
I Touch Day Spa leased 1,459-square-feet of retail space at Shops at Oro Vista; Jayme Fabe, with NAI Horizon represented the landlord and James Robertson with Realty Executives International represented the tenant in this transaction.

OFFICE – 2380 N. FERGUSON AVE., TUCSON
Charles Krone, M.D., P.C. renewed their lease for 1,316-square-feet of medical office space at 2380 N. Ferguson Ave., Suite 102 in Tucson, from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $20.00 SF/YR Modified Gross; Tenant Phone: 520.795.7260[/mepr-show]

INDUSTRIAL – 1870 W. PRINCE RD., TUCSON
Integrated Audio Video Solutions, LLC leased 1,200-square-feet in Exchange Place Business Center, 1870 W. Prince Rd., Suite 64 in Tucson, from Presson Corporation.  Rob Glaser, SIOR, CCIM and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.900.7292[/mepr-show]

OFFICE – 3959 E SPEEDWAY BLVD., TUCSON
Wound Care USA, LLC leased 844-square-feet of office/warehouse space in Central Point Business Plaza, 3959 E. Speedway Blvd., Suite 316 in Tucson, from Central Point Tucson, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 621 N GRAND AVE., NOGALES
Prestige of Nogales leased 500-square-feet of retail space at 621 N. Grand Ave., Suite A in Nogales, Arizona, from Angel T. Mendoza.  Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.397.0167[/mepr-show]

OFFICE – 4560 E. BROADWAY BLVD., TUCSON
Environmental Risk Services, Inc. leased 179-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 224 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 8987 E. TANQUE VERDE RD., TUCSON
Fitness Training LLC assumed and extended the Crossfit Fixx lease at 8987 East Tanque Verde Road, Suite 353. The Landlord, Bear Canyon Associates, LLC, was represented by Melissa Lal, CCIM, of Larsen Baker. Jeramy Price of Volk Company represented Framework Fitness Training LLC




Tucson Lease Report Oct. 3 – 7, 2016

Tucson Lease report 3-13-16The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from October 3 thru 7, 2016.

OFFICE 1725 E. SKYLINE DR., TUCSON
Sunstreet Mortgage, LLC leased 9,329-square-foot office building at the high-visibility corner of Skyline and Pima Canyon. Its address 1725 E. Skyline Drive is prominently located in the Skyline Esplanade Professional Office Centre. The owner of the building is United Insurance Company of America. The Landlord was represented by Michael Sarabia and James Hardman of DESCO Southwest. The Tenant was represented by Doug Marsh of Oxford Realty Advisors, Inc. [mepr-show rules=”58038″]Tenant Phone: 888.634.6399 (Corporate)[/mepr-show]

INDUSTRIAL – 2470 W. MAJESTIC PARK WAY, TUCSON
GroundProbe North America, LLC leased 7,855-square-feet of space at 2470 W. Majestic Park Way, Suite 120 in Tucson, from 2470 West Majestic, LLC.  GroundProbe is a global technology leader providing advanced hardware and software solutions to the mining industry.  Industrial Specialists with Cushman & Wakefield | PICOR represented both parties in this transaction.  Pat Welchert, SIOR, represented the landlord, and Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.434.6193[/mepr-show]

INDUSTRIAL – 3318 E. PENNSYLVANIA ST., TUCSON
American Manufacturing Excellence, LLC leased 7,538-square-feet at 3318 E. Pennsylvania St. in Tucson, from 420 Aviation, LLC.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord and Alan Moore with Chapman Lindsey Commercial Real Estate Services, LLC, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.296.4667[/mepr-show]

OFFICE – 1101 W. GRANT RD., TUCSON
Quartercircle 10, LLC renewed their lease and expanded their space to a total of 4,800-square-feet at 1101 W. Grant Rd., Suites 202-205 in Tucson, from the Sloat Family Partnership, LLLP.  Quartercircle 10 is a light manufacturer with machinists involved.  Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.269.6464[/mepr-show]

RETAIL – 6228 E. BROADWAY BLVD., TUCSON
Southern Arizona Urgent Care leased 4,434-square-feet of retail space in Wilmot Plaza, located at the northeast corner of Broadway Blvd. and Wilmot Rd. in Tucson, from DSW Wilmot Plaza, LP.  This will be the fifth Southern Arizona Urgent Care location serving the Tucson market.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.  Alan Tanner and Brig Stevens with Bourn Advisory Services, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.912.4200[/mepr-show]

OFFICE – 301 W. AJO WAY, TUCSON
Metro Title Agency of Arizona leased 4,071-square-feet of office space at 301 W. Ajo way. The tenant was represented by Jeff Casper with CBRE. [mepr-show rules=”58038″]Tenant Phone: 520.344.9930[/mepr-show]

INDUSTRIAL – 1664 S. RESEARCH LOOP, TUCSON
BlackRock Brewers, Inc. leased 3,760-square-feet in Clairemont Plaza, 1664 S. Research Loop, Suite 200 in Tucson, from Clairemont Partners, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Pete Villaescusa with CBRE, Inc., represented the tenant in this transaction.

RETAIL – 6228 E. BROADWAY BLVD., TUCSON
Massage Envy leased 3,000-square-feet of retail space in Wilmot Plaza, located at the northeast corner of Broadway Blvd. and Wilmot Rd. in Tucson, from DSW Wilmot Plaza, LP.    This will be the fifth Massage Envy location serving the Tucson market.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.  Alan Tanner and Brig Stevens with Bourn Advisory Services, represented the landlord in this transaction.

RETAIL – 6228 E. BROADWAY BLVD., TUCSON
BodyCentral Physical Therapy, PC leased 2,926-square-feet of retail space in Wilmot Plaza, located at the northeast corner of Broadway Blvd. and Wilmot Rd. in Tucson, from DSW Wilmot Plaza, LP.  BodyCentral has offered and provided the Tucson community with quality, evidence-based treatment for all musculoskeletal problems since its opening in 2001.  This will be their sixth location serving the Tucson market.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.  Alan Tanner and Brig Stevens with Bourn Advisory Services, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.742.1865[/mepr-show]

RETAIL – 4825 N, 1st AVE., TUCSON
All My Sons Moving & Storage of Tucson, Inc. leased 2,709-square-feet of retail space at 4825 N. 1st Ave. in Tucson, from 4825 Investments, LLC. All My Sons Moving & Storage is a family-owned, local mover and retail box delivery company specializing in superior customer service.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.742.1865[/mepr-show]

INDUSTRIAL – 1637 W. GRANT RD., TUCSON
Oak & More, Inc. leased 2,700-square-feet at 1637 W. Grant Rd. in Tucson from Rodgers Hoge Partners.   Locally owned and operated, Oak and More Furniture is Tucson’s premiere outlet for quality wood furniture at the lowest prices in southern Arizona. Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord. The team of Kelly Fickle, Russell W. Hall, SIOR, GSCS, and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.321.4090[/mepr-show]

RETAIL – 2620 E. 22nd ST., TUCSON
Wireless PCS AZ, LLC lease of an approximately 2,613-square-foot freestanding building at 2620 East 22nd Street, Tucson. The tenant plans to operate a Metro PCS store in the building, which was formerly occupied by a carniceria.  Jeramy Price of Volk Company represented the landlord, 2626 Investments, L.L.C. [mepr-show rules=”58038″]Asking lease rate: $16.00 SF/YR  Modified Gross[/mepr-show]

INDUSTRIAL – 101 N. FREEPORT DR., NOGALES
Nogales Textiles, LLC leased 2,500-square-feet of space at 101 N. Freeport Dr., Warehouse 6D in Nogales, Arizona, from Nogales Property Management.  Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

RETAIL – 4525 E 22ND STREET TUCSON
Chapman Automotive Group leased 2,400 square feet at 4525 E. 22nd St. in Tucson from RRN, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3865 E. 43th ST., TUCSON
Stewart Title and Trust of Tucson renewed their lease for 2,200-square-feet in Alvernon Business Center, 3865 E. 34th St., Suite 108 in Tucson, from A & P Investments.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.45 SF/MO Industrial Gross; Tenant Phone: 520.327.7373[/mepr-show]

INDUSTRIAL – 1200 E. AJO WAY, TUCSON
Portable Practical Educational Preparation, Inc., dba Community Prevention Coalition Department, leased 2,187-square-feet in the Ajo/Evans Business Park at 1200 E. Ajo Way, Suites 101 and 103 in Tucson, from Ajo/Evans Business Park, LLC.  Community Prevention Coalition Department is working to create an effective and supportive prevention culture to prevent underage drinking and other drug misuse and abuse. Jeff Zellet and Pat Welchert, SIOR, with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.50 SF/MO NNN; Tenant Phone: 520.294.6997[/mepr-show]

RETAIL – 7745 N. ORACLE RD., TUCSON
Smashburger leased 1,938-square-feet of retail space from Weingarten Properties. This is Smashburger’s fourth Tucson area location which is situated in the Oracle Crossings Shopping Center at the southwest corner of Oracle Rd. and Magee Rd. Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.742.3332 (Corporate Office)[/mepr-show]

OFFICE – 3573 E. SUNRISE DR., TUCSON
USAVA Lending leased 1,521-square-feet of office space at La Paloma Corporate Center. The tenant was represented by Tim DeNiro with Commercial Group of Tucson. The landlord was represented by David Montijo and Jeff Casper with CBRE.[mepr-show rules=”58038″] Tenant Phone: 888.842.0490[/mepr-show]

INDUSTRIAL – 1660 S. RESEARCH LOOP, TUCSON
Fish Meds Online, LLC leased 1,440-square-feet in Clairemont Plaza, 1660 S. Research Loop, Suite 134 in Tucson, from Clairemont Partners, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.67 SF/MO Industrial Gross[/mepr-show]

INDUSTRIAL – 1870 W. PRINCE RD., TUCSON
Cabinet Magic, LLC leased 1,440-square-feet in Exchange Place Business Center, 1870 W. Prince Rd., Suite 41 in Tucson, from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.72 SF/MO Modified Gross[/mepr-show]

RETAIL – 337 E. FORT LOWELL RD., TUCSON
Nuevo Amancer Tire Shop has leased 1,303-square-feet of space at 337 E Fort Lowell Tucson, AZ. The free-standing retail building is located on Fort Lowell between 1st and Stone. They are schedule to open up for business on 10/3/16. Juan C. Pantoja from Grimm Commercial, LLC represented the Tenant. Butera Real Estate Inc. represented the Landlord.

RETAIL – 8150 N. CORTARO RD., TUCSON
Tram Luu, Tuan Luu and Thu Thuy Nguyen of Delicate Nails, LLC have leased 1,200-square-feet of retail space located at 8150 N Cortaro Rd., suite 140, Tucson, AZ 85743. The Tenant was represented by Juan C. Pantoja of Grimm Commercial, LLC and the Landlord was represented by Jake Ertle of R&G Commercial Real Estate. [mepr-show rules=”58038″]Tenant Phone: 520.744.7583[/mepr-show]

RETAIL – 12100 N. THORNDALE RD., TUCSON
Sparke and Splash Pool Care leased 1,200-sqaure-feet of retail space at The Shoppes at Tangerine Crossing. Nancy McClure and Dave Blanchette, CCIM with CBRE represented the tenant. Aaron Laprise with Cushman & Wakefield | PICOR represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.250.1919[/mepr-show]

OFFICE – 4511 N. CAMPBELL AVE., TUCSON
Flo-Chiropractic, Inc. has leased 1,165-square-feet at 4511 N. Campbell Ave., Suite 151, from Campbell Financial Plaza, LLC.  Isaac Figueroa of PICOR represented the Tenant and Andrew D. Sternberg and Douglas E. Marsh of Oxford Realty Advisors represented the Landlord in the transaction.

INDUSTRIAL – 2112 N. DRAGOON ST., TUCSON
Object, LLC leased 1,000-square-feet at 2112 N. Dragoon St., Suite 12 in Tucson, from Rich Rodgers South, Inc. Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 1870 W. PRINCE RE., TUCSON
Arizona Auto Savings leased 990-square-feet in Placita del Norte Shopping Center, 1870 W. Prince Rd in Tucson, from CAS Real Property, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.72 SF/MO Modified Gross, Tenant Phone: 520.888.8877[/mepr-show]

INDUSTRIAL – 3933 E. 29th ST., TUCSON
Elite Strategy and Installation leased 805-square-feet in Midpoint Business Plaza, 3933 E. 29th St., Suite 502 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″]Asking lease rate: $0.63 SF/MO Modified Gross[/mepr-show]

OFFICE- 2601 N. CAMPBELL AVE., TUCSON
Papo Construction, LLC has leased approximately 650-square-feet at the Copper Plaza office building located at 2601 N Campbell Ave Suite 108. The Landlord was represented by Stephen F. Grimm, Broker at Grimm Commercial, LLC.

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Wilmot Plaza to be Razed and Renovated

Aerial View of Wilmot Plaza
Aerial View of Wilmot Plaza

TUCSON, Ariz.– Bourn Companies, LLC of Tucson (Don Bourn, managing member) a commercial real estate investment, development and services company, announced Tuesday the demolition of the north half of Wilmot Plaza, located at the northeast corner of Broadway Boulevard and Wilmot Road in Tucson. TJ Maxx, Christie’s Appliance, Brawley’s Restaurant and R&S Mattress will remain open as the vacant buildings are being taken down to the north and west of TJ Maxx.

Built in 1956, the property consists of relatively large buildings grouped along the northern and eastern edges of the site, two small, free-standing vacant buildings near the Broadway/Wilmot intersection, and a small building at the northwest corner of the site. The shopping center is zoned commercial C-1, except a strip of land on the north and east property boundary. Bourn Companies on behalf of the owner at the time rezoned 2.6 acres from R-1 to C-1 for redevelopment in 2012.

Tucson General Plan defines the area as a regional commercial activity center that includes Park Place Mall and several shopping centers along Broadway Blvd, a high density office and residential node northwest of the intersection and the St. Joseph’s Hospital and medical office complex. The General Plan also encourages redevelopment and expansion of strip commercial development to improve traffic flow, pedestrian circulation and safety, and streetscape quality, providing primary access from an arterial street away from residential uses.

The initial phase of redevelopment was made possible with support of the Vice Mayor Paul Cunningham’s office and the San Rafael Neighborhood Association who wanted to see the property revitalized and returned as an amenity to the area, after years of vacancy and neglect.

Bourn acquired the property in July 2013, the center was 60-70% vacant when it sold to BP Wilmot Plaza, an investment group formed by Don Bourn, managing member.

Through redevelopment efforts Bourn intends to transform the 10 acre property into a first-class shopping center. In addition to the demolition, the buildings not being razed will undergo a complete remodel. The redevelopment of the property is estimated to last approximately one year.

While no new tenants are being announced at this time, Bourn is looking forward to bringing quality retailers to the high profile location to service the east side of Tucson.

Contact Alan Tanner or Brig Stevens at (520) 323-1005 for more information.

For related article see the Real Estate Daily News article Real Estate Facts, Rumors and half-truths