The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 23 thru 27, 2018.

INDUSTRIAL – 3133 S. DODGE BLVD., TUCSON
Bay Insulation of Arizona leased 8,600-square-feet at 3133 S. Dodge from Dodge Properties, LLC.  Gary Emerson of GRE Partners, LLC represented the landlord and Tim Healy of CBRE represented the tenant.

RETAIL – 3782 E. 43^rd PL, TUCSON
eWheels, LLC leased 5,675-square-feet at 3782 E. 43^rd Place from Doubletree Investments.  Gary Emerson of GRE Partners, LLC represented the tenant and Steve Cohen of Cushman & Wakefield/Picor represented the landlord

RETAIL – 2880 W. DREXEL RD., TUCSON
D & K Market lease of the 2,400-square-foot building on 16,000-square-feet of land at 2880 West Drexel Road to a tenant that will reopen another convenience store at the property.  The building was originally built and occupied by 7-11. Terry Dahlstrom of Volk Company represented Valdrex, L.L.C.

RETAIL – 40 E. CONGRESS ST, TUCSON
Serial Grillers leased approximately 1,184-square-feet at 40 East Congress Street. Serial Grillers offers a wide variety of food, including pizza, sandwiches, burgers, and American fare along with a wide selection craft beer and wine. This will be their fifth Tucson-area location. The landlord is BP City Park Operator, LLC, which was represented by Bourn Advisory Services, LLC.  Jeramy Price of Volk Company represented Serial Grillers, LLC.

RETAIL – AJO & KINNEY RD., TUCSON
Direct Paging and Cellular, Inc leased 1,000-square-feet at Ajo & Kinney is a new retail building to be constructed just east of the southeast corner of Ajo Highway and Kinney Road. The tenant will open Cricket Wireless in the space and will join Domino’s and Dairy Queen. This brings remaining space at the building down to 2,300 square feet. Kevin Volk of Volk Company represented the Landlord, Ajo SEC Shops LLC.

RETAIL – NOGALES HIGHWAY and N. ABREGO RD., SAHUARITA
The following shop space leased at the Crossing at Sahuarita, a shopping center being developed by Wadsworth Development Group and Accelerated Development Services at the southeast corner of Old Nogales Highway and Abrego Drive in Sahuarita.

• Saigon Nails Spa, LLC leased 1,300-square-feet
• MOD Super Fast Pizza, LLC leased 2,853-square-feet
• GoWireless, Inc. leased 2,700-square-feet

These shop tenants plan to open in July and will join Sprouts, TJ Maxx, Beall’s, and Petsmart, which have recently opened in the shopping center.  Brenna Lacey and Kevin Volk of Volk Company and Brian Gast of Velocity Retail Group represented the landlord, FAE Holdings 461354R, LLC.

RETAIL – NE CORNER of CORTARO FARMS and I-10, MARANS
The following shop space leases at the northeast corner of Cortaro Farms Road and Interstate 10 in Marana. These tenants will be located in a retail shops building to be constructed as part of the 21-acre, mixed-use project being developed by Cortaro Commercial JV, LLC.

• ATI Holdings of Arizona, LLC leased 2,200-square-feet for a physical and rehabilitative medicine facility. The tenant was represented by Western Retail Advisors.
• Serial Grillers, LLC leased 3,500-square-feet for a restaurant with patio area. This will be their fourth Tucson-area location.

Brenna Lacey and Jeramy Price of Volk Company and Chuck Wells of Advisors Commercial Real Estate represented the landlord, Cortaro Commercial JV, LLC.

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MARANA, ARIZONA – Cortaro Commercial JV, LLC sold 3.86-acres at 5600 West Cortaro Farms Road in Cortaro Ranch, off I-10, for $966,650 (5.75 PSF) in Marana. The buyer is Marana Micro-Hospital, LLC, an affiliate of Beaumont Surgical Hospital Partners of The Woodlands, TX plan to construct a 40,000-square-foot micro-hospital on the site.

Cortaro Ranch is approximately 20-acres, at the northeast of Cortaro Farms and I-10, currently with an IHOP (soon to be rebranded IHOB) at 8445 N Cerius Stravenue, as shown on the site plan. The micro-hospital will be located to the north of IHOP and a build-to-suit Dutch Bros Coffee with drive-thru under construction by the seller / developer, Thrift Thompson Retail Group (TTRG).

Cortaro Commercial JV is a joint venture between Caddis Bridge (Greg Anderson) of Tucson and TTRG, a Terra Haute, Indiana based company with an office in Phoenix (Chris Hake, Vice-President and Director of Southwest Region).

Chris Hake is leading the development and heads up the local operations in Phoenix. Hake has been with Thompson Thrift since 2007 and has been in the commercial real estate industry for over 10-years. Hake told us the company is also in negotiations with a national retailer for a 45,000-square-foot store at the northwest corner of the center, shown on the site plan.

Plans are to develop an additional medical / office building adjoining the 35,000-square-foot, 22-bed micro-hospital, including inpatient and emergency room beds, a planned hotel site and additional retail shop space at Cortaro Ranch. Serial Grillers recently announced a future restaurant here while still doing tenant improvements at the former Chuy’s in Rita Ranch at 7585 S. Houghton Road in Tucson.

This is the second micro-hospital in metro Tucson, the first was built as an Emergency Center at Houghton Town Center by Northwest Medical Center.

Starting in Colorado, Texas, Indiana, and other large- and medium-sized cities in the United States, micro-hospitals are licensed facilities that tailor their services to the populations they serve. Some offer an emergency department, pharmacy, lab, and imaging center. Others focus on primary care, nutrition services, gynecological and other women’s health services, and minor outpatient surgeries. Thanks to their smaller size and fewer services offered, micro-hospitals charge less than larger traditional hospitals, and like their larger counterparts, are open 24/7.

Brokers who represented the seller on the hospital closing are Chuck Wells with CBC Advisors of Phoenix, Brenna Lacey with Volk & Co. and Paul Serafin with De Rito. The buyer’s broker was David Montijo with CBRE in Tucson.

Wells can be reached at 602.884.8345, Lacey should be contacted at 520.326.3200 and Serafin is at 480.834.8500. To contact Montijo, call 520.323.5100.

To learn more, see RED Comp #5890.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from September 12 thru 16, 2016.

INDUSTRIAL – 750 E. OHIO ST., TUCSON
AmeriPride Services, Inc. renewed their lease with Ohio Street Building No. 2 Ltd., LLLP, for 9,000-square-feet at 750 E. Ohio St. in Tucson.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.294.1040[/mepr-show]

INDUSTRIAL – 230 E. 27^th ST., TUCSON
Azteka Kustoms, 230 E. 27^th St. in Tucson, renewed their lease with Tin Cup Properties, LLC, expanding their space an additional 5,568-square-feet for a total of 8,352-square-feet.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.207.0797[/mepr-show]

RETAIL – 6095 E. BROADWAY BLVD., TUCSON
Bear Tracks Holdings, LLC a lease of 5,500-square-feet at 6095 East Broadway Boulevard. The tenant plans to operate Black Bear Diner in the building, which was formerly occupied by Coco’s. This will be the first Black Bear Diner in Tucson. Other tenants in the center include Jason’s Deli, Merle Norman, and Images Salon. Chuck Wells of Echelon Realty Advisors represented the tenant.  Rick Borane of Volk Company represented the Landlord, Broadway Place I L.L.C.

OFFICE – 7901 E. SPEEDWAY BLVD., TUCSON
SunWest Federal Credit Union subleased 4,611-square-feet of retail space at 7901 E. Speedway Blvd. in Tucson, from Bank of the West. Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Trey Eakin with Velocity Retail Group, LLC, represented the tenant in this transaction.

INDUSTRIAL – 1660 S. RESEARCH LOOP, TUCSON
Anderson Precision Machining renewed their lease with Clairemont Partners, LLC, and expanded their space to 4,260-square-feet in Clairemont Industrial Plaza in Tucson, 1660 S. Research Loop, Suites 126-130. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1200 N. EL DORADO PL., TUCSON
Desert Harmony Hospice of Tucson, LLC, leased 3,328-square-feet in El Dorado Square, 1200 N. El Dorado Pl., Suite B-200 in Tucson, from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Gabriel Silguero with Righteous Realty Company, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $19.90 SF/YR Full Service; Tenant Phone: 520.284.9334[/mepr-show]

OFFICE – 4731 E. CAMP LOWELL RD., TUCSON
Massachusetts Mutual Life Insurance Company renewed their lease with Siempre Juntos, LLC, for 3,000-square-feet of office space at 4713 E. Camp Lowell Dr. in Tucson. Rick Kleiner, MBA, with Cushman & Wakefield | PICOR, represented the landlord and Andrew Medley with Jones Lang LaSalle Americas, Inc., represented the tenant in this transaction.

OFFICE – 10425 N. ORACLE RD., TUCSON
Oro Valley Dental Medicine, PC leased 1,881-square-feet of office space at 10425 N. Oracle Rd., Suite 125 in Oro Valley, from Berkeley Land Co., Inc.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.297.2227[/mepr-show]

INDUSTRIAL 245 S. PLUMER AVE., TUCSON
Desert, Earth & Wood, LLC, leased 1,600-square-feet in Commerce Industrial Plaza, 245 S. Plumer Ave., Suite 15 in Tucson, from Plumer Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.65 SF/MO Modified Gross; Tenant Phone: 520.624.5602[/mepr-show]

INDUSTRIAL – 245 S. PLUMER AVE., TUCSON
Objet Trouve leased 1,200-square-feet in Commerce Industrial Plaza, 245 S. Plumer Ave., Suite 22 in Tucson, from Plumer Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″] Asking lease rate: $0.65 SF/MO Modified Gross[/mepr-show]

RETAIL – 3630 W. TANGERINE RD., TUCSON 
Sparkle and Splash Pool Care leased 1,200-square-feet of retail space in The Shoppes at Tangerine Crossing, 3630 W. Tangerine Rd., Suite 112 in Marana, from Old Lobos T & T, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Dave Blanchette with CBRE, Inc, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.250.1919[/mepr-show]

OFFICE – 4430 W. INA RD., MARANA
Jany Uwanawich and Jonathan Adams leased approximately 1,056-square-feet of office space located at 4430 W. Ina Road, Marana, Arizona, from Purita Neider.  Doug Richardson of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction. [mepr-show rules=”58038″]Asking lease rate: $1.42 SF/MO Modified Gross[/mepr-show]

Submit all sales and lease transactions to REDailyNews@Outlook.com