TUCSON LEASE REPORT – Week of June 24-28, 2013

RED b&w 300x200RETAIL SPACE – 2928 E BROADWAY, TUCSON

Axé (pronounced Ahh-Shay) Capoeira Tucson was established in 2009, when student Aquil Joel Hameed, AKA “Sombra”, came to Tucson with the goal of sharing the martial-art, dance, and culture of capoeira and expanding the Axé Capoeira group. A direct student of Jay “Camara” Spain, and under the instruction of Maestre Barrao, Sombra has developed and implemented a kid, teen, and adult curriculum to provide the community an alternative means to develop self-confidence, encourage health and fitness, and promote cultural awareness and experiences through interactive and challenging capoeira and Brazilian dance classes.

Studio 5 leased 1,700 sq. ft. at BV Shoppes at 2928 East Broadway for his new studio. Located at the northeast corner of Country Club and Broadway, the BV Shoppes other tenants include Yikes Toy Store, Picante Boutique, and Hi*End Tight Barbershop.

Studio 5’s Axe Capoeria classes explore the limits of the contemporary evolution and modern applications of capoeira in martial-arts, music, dance, and self-exploration.

Perfect for action-seekers of all ages, a month of capoeira-infused classes will have you working the ginga and spinning aúzinho toward better health and high-flying self-confidence.

David Hammack of Volk Company Commercial Real Estate in Tucson represented the Landlord, LMG Investments, LP. Opening date for Studio 5 is yet to be determined.

RETAIL SPACE – 6450 N ORACLE RD, TUCSON 

Lifetime Martial Arts #1, Inc. dba Karate 4 Kids marital arts studio leased 2,100 sq. ft. for relocation from 7607 N Oracle Road in Oro Valley to Plaza del Oro Shopping Center at 6450 N Oracle Road in Tucson, at the northeast corner of Oracle and Orange Grove Roads. The owner, Wan Joo Choi, expects to open July 8th.

Craig Finfrock of Commercial Retail Advisors in Tucson represented the tenant. Paul Schloss formerly with CBRE and now with Bourn Advisory Services in Tucson and Dave Dutson of CBRE in Tucson represented the landlord, Plaza del Oro, LLC.

For more information on Studio 5 opening and class schedules, contact “Sombra” at (520) 990-1820. Choi at Lifetime Martial Arts should be reached at (520) 219-0880. Hammack can be contacted at (520) 326-3200. Finfrock is at (520) 290-3200. Schloss can be reached at (520) 323-1005 and Dutson is at (520) 323-5118.

To submit sales or leases email us at REDailyNews@outlook.com

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[ismember] Lease rate for the 1,700 SF space at 2928 E Broadway was $10 PSF/NNN with $3/PSF NNN charges. We were unable to determine lease rate at the other. [/ismember]

 

 




Tucson Lease REPORT – Week of March 18 – 22

logo RED b&w 640 x 380RETAIL – 50,000 SF HOBBY LOBBY OPENED THIS WEEK
Hobby Lobby an Oklahoma-based company opened its firstTucsonstore this week at 5555 E Broadway Blvd., at the northeast corner of Craycroft and Broadway. The 50,000 sq. ft., a former Mervyn’s opened for business on Wednesday, March 20th, with a grand opening planned at9:00 amMonday. The lease orginated one year ago. David Leathers of D.E. Johnson & Associates in Northbrook, IL represented the tenant and Nancy McClure of CBRE represented the landlord, Benenson Capital Company of New York.

RESTAURANT SPACE – 5605 E RIVER RD, TUCSON
Family owned, Caffe Torino Ristorante Italiano (Daniela Borella, owner/chef), recently named as one of the Top 10 Restaurants in Arizona Highways Magazine for 2012, leased 2,718 sq. ft. at 5605 E River Road, in River Center. Taking the former Ric’s Cafe space at the northeast corner of River and Craycroft Roads, the space was leased from Larsen Baker. This is its second location for Caffe Torino, with the other at 10325 N La Canada in Oro Valley. Caffe Torino’s new location is expected to open in June and will have the same menu and original recipes as its first restaurant. Andy Seleznov and Melissa Lal of Larsen Baker represented the landlord.

CHURCH – 604 N 6TH AVE, TUCSON
A new church in Tucson, University City Church(Andy Tracy, pastor) leased the 34,163 sq. ft. iconic West University landmark property at 604 N Sixth Avenue from First Baptist Church of Tucson / Crosslife Ministries. Paul Hooker and Rob Tomlinson of Picor Commercial Real Estate Services of Tucson handled the transaction.

INDUSTRIAL SPACE – 5785 S BELVEDERE, TUCSON
Flanders Electric (David Paterson, President) an Indiana-based company, expanded into 10,000 sq. ft. and 1.24 acres at 5784 S Belvedere in the Gateway Commercial Center for a contractor’s yard from TCC Trust The tenant is relocating from its smaller space at 3710 S Dodge Blvd. Mike Beck of Voyager Bay Company handled the transaction.

RETAIL SPACE – 6336 N ORACLE RD, TUCSON
Orange Grove Body Workers, a salon and spa that provides manicures, pedicures and massages, (Mei Zhang & Xue Quieng, managers) leased 1,200 sq. ft. at Oracle Plaza, 6336 N Oracle Road, Suite 302, from D&B Associates. The spa expects to open in September. Craig Finfrock of Commercial Retail Advisors of Tucson represented the landlord.

RETAIL SPACE – 6538 E TANQUE VERDE RD, #160, TUCSON
Villa Feliz, LLC (Georgeanna Fimbres, owner) leased 1,120 sq. ft. of retail space at La Plaza Shoppes, 6538 East Tanque Verde Road, Suite 160. This will be a relocation of its existing space at El Mercado Shopping Center at Broadway and Wilmot. David Hammack of Volk Company Commercial Real Estate represented the Tenant. David Carroll of Romano Real Estate Corporation represented the Landlord, La Plaza Investors LLLP.

OFFICE SPACE – 1600 N TUCSON BLVD.,#120 TUCSON
A new business, Rooted Therapeutic Massage & Body Work (Sarah Cafiero, owner) leased 1,120 sq. ft. at 1600 N Tucson Blvd., Suite 120, from Gateway Realty & Development. Tom Nieman of Picor Commercial Real Estate Services of Tucson represented the landlord. Lori Casey of Oxford Realty Advisors represented the tenant.

INDUSTRIAL SPACE – 3820 E 44th STREET, TUCSON
Rocky Mountain Clean, (Gary Hoskins, owner) a privately owned internet business since 2009, leased 1,100 sq. ft at 3820 E 44th Street from Rich Rodgers Investment. RockyMountain Clean manufactures handmade soaps and shampoos. Brandon Rodgers of Picor Commercial Real Estate Services handled the transaction.

INDUSTRIAL SPACE – 2112 N DRAGOON ST, TUCSON
Anderson Ornamental Iron (Larry Anderson, owner) leased 1,000 sq. ft. at 2112 N Dragoon St. from Rich Rodgers Investment. Brandon Rodgers of Picor Commercial Real Estate Services handled the transaction.

To submit sales or leases please email REDailyNews@outlook.com