Tucson Lease Report May 7-11, 2018

Tucson Lease Report May 7-11, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 7-11, 2018.

INDUSTRIAL – 702 E 17TH STREET, TUCSON
Solar Gain, Inc. leased 18,751-square-feet at 702 E. 17th St. in Tucson, from Intermediate Village, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord; John Yarborough with Romano Real Estate, represented the tenant.

OFFICE – 5255 E WILLIAMS CIRCLE STE.2020, TUCSON
P3 Health Partners, LLC leased 6,961-square-feet at 5255 E. Williams Circle, Suite 2020 in Tucson, from The Colton Company.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the tenant in this transaction. 

INDUSTRIAL – 1141 W GRANT ROAD, STE 100, TUCSON
La Frontera Center, Inc. renewed their lease for 6,526-square-feet in Grant Interstate Commons, 1141 W. Grant Road, Suite 100 in Tucson, from the Sloat Family Partnership, LLLP.   Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3865 N BUSINESS CENTER DR. STE 121, TUCSON
Timberlake Cabinetry, a division of American Woodmark Corporation, leased 4,304-square-feet at 3865 N. Business Center Dr., Suites 121 in Tucson, from NTBC Trust Partners, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord; Tim Healy with CBRE, represented the tenant.

OFFICE – 1500 N WILMOT ROAD, STE B250, TUCSON
Craig G. Gross, M.D., P.C. and Gary P. Gottleib, M.D., P.C. leased 3,762-square- feet at 1500 N. Wilmot Rd., Suite B250 in Tucson, from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Gordon Wagner with NAI Horizon, represented the tenant.

FLEX INDUSTRIAL – 4555 S PALO VERDE ROAD, STE 131, TUCSON
Special Needs Solutions, Inc. leased 3,660-square-feet in Butterfield Business Park, 4555 S. Palo Verde Rd., Suite 131 in Tucson, from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1621 W GRANT ROAD, TUCSON
Carlos and Jose Hernandez leased 3,600-square-feet at 1621 W. Grant Rd. in Tucson, from Rodgers Hoge Partners.   Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord; Denisse Angulo-Badilla, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

INDUSTRIAL – 1684 S RESEARCH LOOP, STE. 550, TUCSON
Divine Joy Yoga leased 2,480-square-feet in Clairemont Plaza, 1684 S. Research Loop, Suite 550 in Tucson, from Clairemont Partners, LLC.  Rob Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3150 N FREEWAY INDUSTRIAL LOOP, STE 100, TUCSON
WSP USA, Inc. leased 2,400-square-feet of industrial space at 3150 N. Freeway Industrial Loop, Suite 100 in Tucson, from P3 & G, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord; Daniel Dobric with Newmark Knight Frank, represented the tenant.

INDUSTRIAL – 6955 N CAMINO MARTIN, STE. 102, MARANA
Sigma Technologies International, LLC leased 2,100-square-feet at 6955 N. Camino Martin, Suite 102 in Tucson, from Camino Martin Industrial Plaza, LLC.  The team of Russell W. Hall, SIOR, GSCS, Stephen D. Cohen, and Kelly Fickle, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant; John Ash with CBRE, represented the landlord.

RETAIL – 2930 E BROADWAY BLVD., TUCSON
Desert Island Supply, LLC leased 2,000-square-feet at 2930 E. Broadway Blvd. in Tucson, from LMG Investments, LP.  Dave Hammack, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5526 E GRANT ROAD, TUCSON
La Botana Grill has leased 1,693-square-feet at 5526 E. Grant Road, from Maqsood and Sabina Enterprises, LLC, the landlord.  Craig Finfrock of Commercial Retail Advisors represented the Tenant and Robert J. Nolan of Oxford Realty Advisors represented the Landlord in the transaction.

RETAIL – 4772 E SUNRISE DR., TUCSON
Tutoring Club Select, LLC renewed their lease for 1,500-square-feet in Sunrise Village Shopping Center, 4772 E. Sunrise Dr. in Tucson, from Sunrise Village Investors, LLC.  Dave Hammack, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1870 W PRINCE ROAD, STE. 26, TUCSON
Intelligent Instrumentation, LLC leased 1,440-square-feet in Exchange Place Business Center, 1870 W. Prince Rd., Suite 26 in Tucson, from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1101 W GRANT ROAD, STE 202-203, TUCSON
Quartercircle 10, LLC renewed their lease for 1,200-square-feet in Grant Interstate Commons, 1101 W. Grant Road, Suites 202-203 in Tucson, from the Sloat Family Partnership, LLLP.   Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

FLEX OFFICE – 4500 E SPEEDWAY BLVD., STE 80, TUCSON
Star Foot Care leased 1,130-square-feet in Midway Business Park, 4500 E. Speedway Blvd., Suite 80 in Tucson, from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM and Paul Hooker with Cushman & Wakefield | PICOR, represented the landlord; Lifang Tan with HomeSmart, represented the tenant.

OFFICE – 1200 N EL DORADO PL., STE B260, TUCSON
Adoption Solutions of Arizona leased 783-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite B260 in Tucson, from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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Fry’s Marketplace To Be Developed at 22nd Street & Houghton Road

Tucson, AZ– There has been some updated information received to our April 24, 2018 article on Smith’s Food & Drug Centers, Inc., dba Fry’s Food & Drug Stores, that acquired 16.3 acres of undeveloped land at the northeast corner of 22nd Street and Houghton Road, Tucson, AZ, from Twenty-Second Street Baptist Church of Tucson, Inc. for $2,844,469.00, all cash.

Fry’s Food & Drug Stores is planning to build a 96,000-square-foot Fry’s Marketplace with a 300-square-foot fuel station canopy and Brentwood Developments will develop a 6,500- square-foot restaurant building and a 12,000-square-foot retail shops building.

Fry’s Food and Drug is planning to relocate the existing Fry Food and Drug Store located at 9401 E. 22nd Street, Tucson, AZ, at the northwest corner of 22nd Street and Harrison Road to the new Fry’s Marketplace site once it is constructed. The new Fry’s Marketplace will employ approximately 160 people, which is approximately is 40 people more than a typical Fry’s Food & Drug Store. It will include an expanded selection of meats and organic produce, a sushi bar, an Asian bistro, a wine bar, and a Starbucks.

Craig Finfrock of Commercial Retail Advisors, LLC represented the Buyer, Smith’s Food & Drug Centers, Inc. and Brentwood Developments, and the seller was represented by Ian Stuart and Ben Becker of CBRE. Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona. For more information, please contact Craig Finfrock of Commercial Retail Advisors at (520) 290-3200.

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Tucson Lease Report April 2-6, 2018

Tucson Lease Report April 2-6, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 2-6, 2018.

RETAIL – Twin Peaks & Silverbell, Shoppes at Continental Ranch, Marana
Go Wireless, Inc., dba Verizon Wireless has signed a lease for a new store in a new freestanding PAD building to be constructed at Shoppes at Continental Ranch, at the southeast corner of Twin Peaks and Silverbell Roads in the Continental Ranch master planned Community in Marana, Arizona. The new store will be 2,200-square-feet and is expected to open in November 2018. Craig Finfrock and Zach Morgan of Commercial Retail Advisors, LLC represented the landlord, Shoppes at Continental Ranch, LLC, and the tenant was represented by Bonnie Arlia and Brian Gast of Velocity Retail Group. Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona.

RETAIL – 5420 East Broadway, Ste 234, Tucson, AZ
Bayleaf Foods, LLC has leased 1,253-square-feet at 5420 East Broadway Boulevard, Suite 234, located within the Plaza at Williams Centre. The tenant plans to open Fruitshack Smoothies and Yogurt in the space. Andy Seleznov, Melissa Lal, and George Larsen of Larsen Baker represented the landlord.  Jeramy Price of Volk Company represented the tenant.

RETAIL – 6781 N Thornydale Rd., Ste 229, Marana
Kevin Volk and Jeramy Price of Volk Company handled a lease for 1,200-square-feet between SCG-Northpointe, LLC and Ken Sprague and Jessica Sprague, dba Stained Purity Tattoo, at 6781 North Thornydale Road, Suite 229. The space is located within Northpointe Shopping Center, which is located at Thorndyale Road and Costco Drive near Costco and Home Depot.

RETAIL- 4514 E Broadway Blvd., Tucson
Goddess Lashes, LLC, leased a 1,200-square-foot space at 4514 East Broadway Boulevard. The space is located within Midstar Plaza. The landlord, Midstar Partners, L.L.C., was represented by Nancy McClure of CBRE and Kevin Volk of Volk Company represented the tenant.

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