March office sales totaled $8.9 million, and represented 43% of the office sales for first quarter 2017. The following is a few of those sales:

Siempre Juntos, LLC of Tucson purchased a 10,628-square-foot office building located at 3100 N. Campbell Ave. in Tucson, from Gibeault Office Company, LLC for $1,530,000 ($144 PSF).  Property sold with 2,212-square-feet vacant and a long-term tenant, Leoni Wiring in approximately 8,200-square-feet.

Rick Kleiner, MBA, and Tom Nieman, Office Specialists with Cushman & Wakefield | PICOR handled the transaction.  Rick Kleiner represented the seller, and Tom Nieman represented the buyer.

To learn more, see RED Comp #4693.

415 S. 6^th Avenue, LLC of Tucson (Ron Schwabe, manager) purchased a 15,736-square-foot building situated on 1.0 acre at 415 S. 6th Avenue in Tucson for $1.5 million ($95 PSF). The seller was Saint Augustine Cathedral Roman Catholic Parish.

Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Ron Schwabe with Peach Properties HM, Inc. was self-represented in the transaction.

To learn more, see RED Comp #4685.

Vasquez Construction Company, Inc. of Tucson purchased a 5,440-square-foot medical office building located at 1575 N. Swan Rd. in Tucson, from The Sumwalt Living Trust for $800,000 ($147 PSF) for investment. The property was fully leased at time of sale to three tenants.

Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction and  Chris Tsighis with Coldwell Banker represented the buyer.

To learn more, see RED Comp #4722.

Pinnacle Realty Investors, LLC of Tucson (Jarrett Reidhead, manager) bought the office building at 2430 E 6^th Street in an REO sale from U.S. Bank for $495,000 ($77 PSF). The property was sold 75% occupied by LifeShare. Buyer plans to occupy the remainder of the 6,400-suqare-foot building.

Joe Kimaz of Madison Commercial Properties represented the bank and Tim Bott of Bott-N-Sold Realty was representing the buyer.

To learn more, see RED Comp #4667.

Nardelli Building, LLC of Tucson (Vic Williams, manager) bought the property at 1636 N Swan Road for $475,000 ($51 PSF) from American Cancer Society. The office building is connected the buyer’s adjoining property to the north. Both properties share a common courtyard, elevator and other amenities. Property was formerly occupied by the American Cancer Society and was 100% vacant at time of sale.

Ian Stuart and Wyatt Campbell with CBRE represented the seller in the transaction. Tom Nieman with Cushman & Wakefield is leasing the space for buyer.

To learn more, see RED Comp #4635.

38 Patents, LLC of Tucson (Mike Rollins, member) purchased the Medical Condominium at 1601 N Tucson Blvd. #38 at Tucson Medical Square for $117,500 ($100 PSF). The condo has two offices, kitchen, restroom and storage. Buyer purchased to owner occupy.

Tari Auletta with KW Commercial represented the seller, The Chen Family Living Trust. Kristy Kelley with Long Realty represented the buyer.

To learn more, see RED Comp #4690.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from December 19 thru 30, 2016.

INDUSTRIAL – 2850 E. DREXEL RD., TUCSON
The Chamberlain Group, Inc. leased 300,181-square-feet of industrial space, located on 21.76 acres of land, from EastGroup Properties, LP.  EastGroup Properties, as owner/developer, will construct a ground-up, build-to-suit distribution facility located at 2850 E. Drexel Rd. in Tucson for The Chamberlain Group.  Delivery is anticipated towards the close of 2017.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Allen Rogoway with Cresa Chicago and Mike Gordon with Cresa Phoenix represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.792.0511[/mepr-show]

INDUSTRIAL – 6020 S. COUNTRY CLUB RD., TUCSON
The Chamberlain Group, Inc. renewed their lease with EastGroup Properties, LP for 45,000-square-feet of industrial space located at 6020 S. Country Club Rd. in Tucson. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Allen Rogoway with Cresa Chicago and Mike Gordon with Cresa Phoenix represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.792.0511[/mepr-show]

GROUND LEASE – 3881 N. HIGHWAY DR., TUCSON
The Fishel Company renewed their lease for 37,500-square-feet at 3881 N. Highway Dr. in Tucson, from JH Associates, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $1742.40 /AC /MO; Tenant  Phone: 520.514.6709[/mepr-show]

RETAIL – 5150 N. CASA GRANDE HIGHWAY, 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. [mepr-show rules=”58038″]Tenant Phone: 520.730.6378[/mepr-show]

INDUSTRIAL – 3860 S. PALO VERDE RD., TUCSON
Caretakers Building Maintenance leased 5,400-square-feet in Palo Verde Industrial Center, 3860 S. Palo Verde Rd., Suite 308 in Tucson, from Palo Verde Trust Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.   Wayne Kuykendall with Frauenshuh Commercial Real Estate in Minneapolis, MN, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.63 SF/MO Modified Gross; Tenant Phone: 520.305.4829[/mepr-show]

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. [mepr-show rules=”58038″]Tenant Phone: 520.881.0827[/mepr-show]

RETAIL – 4881 N. STONE AVE., TUCSON
646 Fitness, LLC, dba Crossfit 646, eased approximately 4,132-square-feet of space at 4881 North Stone Avenue. The space is located within Northmall Centre, which is at the southwest corner of Stone Avenue and River Road. The landlord is Brixmor Holdings 1 SPE, LLC. Jeramy Price of Volk Company represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.612.7056[/mepr-show]

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. [mepr-show rules=”58038″]Asking lease rate: $15.50 SF/YR Modified Gross; Tenant Phone: 877.784.1664[/mepr-show]

INDUSTRIAL – 1100 E. AJO WAY, TUCSON
H.O.P.E. Group, LLC leased 3,047-square-feet in the Ajo/Evans Business Park, 1100 E. Ajo Way, Suite 201 in Tucson, from Ajo/Evans Business Park, LLC. Pat Welchert, SIOR, and Jeff Zellet with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Doug Richardson, with Tucson Realty and Trust, Co., represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.56 SF/MO NNN[/mepr-show]

INDUSTRIAL – 18221 W. DAIRY PL., TUCSON
Katalyst Restaurant Concepts, LLC leased 2,750-square-feet at 1821 W. Dairy Pl., in Tucson from Walker Industrial Properties, LLC.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.780.0280[/mepr-show]

RETAIL – 1401 W. VALENCIA RD., 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., 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. [mepr-show rules=”58038″]Tenant Phone: 520.219.7200[/mepr-show]

RETAIL – 4519 E. 22^nd ST., TUCSON
SJH Powersports, LLC, dba Cycles, Skis & ATVs, leased 2,400-square-feet at 4519 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: 520.747.8339[/mepr-show]

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
Madaras Gallery leased 2,400-square-feet in Midway Business Park, 4500 E. Speedway, Suites 66-67 in Tucson, from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Janine Irvin, with Mark Irvin Commercial Real Estate Services, represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.76 – $0.80 SF/MO Modified Gross; Tenant Phone: 520.615.3001[/mepr-show]

OFFICE – 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. [mepr-show rules=”58038″]Tenant Phone: 520.207.0334[/mepr-show]

OFFICE – 1171 E. RANCHO VISTOSO BLVD., TUCSON
Golder Ranch Fire District has leased 1,891-square-feet at 1171 E. Rancho Vistoso Blvd., Suite 103, in the Mountain View Plaza, from Mountain Vista Plaza, LLC.  Greg Boccardo of Boccardo Realty represented the Tenant and Andrew D. Sternberg and Robert J. Nolan of Oxford Realty Advisors represented the Landlord in the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.825.9001[/mepr-show]

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
HNM Distributions, Inc. leased 1,600-square-feet in Midway Business Park, 4500 E. Speedway, Suite 8 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: $0.76 – $0.80 SF/MO Modified Gross; Tenant Phone: 520.790.1900[/mepr-show]

INDUSTRIAL – 3534 – 3538 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. [mepr-show rules=”58038″]Asking lease rate: $0.65 SF/MO Modified Gross[/mepr-show]

RETAIL – 31 N. 6^th 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. 6^th 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 – 245 S. PLUMER AVE., TUCSON
Claudia Mendoza McDowell and Nicolasa Kammerer leased 1,200-square-feet in Commerce Industrial Plaza, 245 S. Plumer Ave., Suite 4 in Tucson, from Plumer Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Paul J. Rosado represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $0.65.SF/MO Modified Gross[/mepr-show]

INDUSTRIAL – 245 S. PLUMER AVE., TUCSON
CopperZap, LLC leased 1,200-square-feet in Commerce Industrial Plaza, 245 S. Plumer Ave., Suite 8 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: 520.512.5474[/mepr-show]

INDUSTRIAL – 3720 S. PARK AVE., 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. [mepr-show rules=”58038″]Tenant Phone: 520.883.4026[/mepr-show]

RETAIL – VALENCIA MARKETPLACE SHOPS, TUCSON
Sabio Enterprises #1, LLC, dba Pizza Patron, leased 1,100-square-feet 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. Kevin Volk and Brenna Lacey of Volk Company represented the landlord, Steamroller LLC. [mepr-show rules=”58038″]Tenant Phone: 972.613.8000 (Pizza Patron Corporate)[/mepr-show]

OFFICE – 4560 E. BROADWAY BLVD., 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., 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.

OFFICE – 4560 E. BROADWAY BLVD., TUCSON
Erudite Financial Group, PC leased 142-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 207 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Login for additional information. Email sales and leases to REDailyNews@outlook.com

The 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 22^nd Street, Tucson
SJH Powersports, LLC, dba Cycles, Skis & ATVs, leased 2,400-square-feet at 4519 E. 22^nd 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 6^th 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. 6^th 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.

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