Tucson Lease Report May 14-19, 2018

Tucson Lease Report May 14-19, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 14-19, 2018.

OFFICE – 2102 N. FORBES BLVD., TUCSON
Mettler–Toledo Thorton, Inc. renewed their lease for 8,050-square-feet at 2102 N. Forbes Blvd., Suites 103-107 in Tucson, from East Park VI Holding Company, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord; Jesse Blum with CBRE, represented the tenant in this transaction.

RETAIL – 1951 W. GRANT RD., TUCSON
Ironwood Gastroenterology, PLLC and Rehan Iftikhar, PLLC expanded their leasehold for an additional 3,883-square-feet at 1951 W. Grant Rd., Suites 150 and 160 in Tucson, from Wright and Case Holdings, LLC. This expansion brings the total square feet for the gastroenterology practice to 10,657 square feet. Rob Tomlinson, Retail Specialist, and Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord; Esther Empens with Tierra Antigua Realty, LLC, represented the tenant.

RETAIL – MISSION RD. and AJO WAY, TUCSON
Jack in the Box will construct and lease a 2,600-square-foot restaurant located at Mission Rd. and Ajo Way in Park View Plaza,.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented Jack in the Box in this transaction; Richard Volk represented the landlord.

OFFICE – 5151 E. BROADWAY BLVD., TUCSON
Acorn Associates Architecture, Ltd. renewed their lease for 1,837-square-feet of office space at 5151 E. Broadway Blvd., Suite 1050 in Tucson, from Kent Circle Partners.  Tom Nieman and Rick Kleiner, MBA, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 2341 S. FRIEBUS AVE., TUCSON
The Facilities Company, LLC leased 1,725-square-feet at 2341 S. Friebus Ave., Suite 13 in Tucson, from Friebus Investors, LLC.  Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5526 E. GRANT RD., TUCSON
La Botana Grill has signed a lease for 1,693-square-feet at 5526 E. Grant Road, Tucson, AZ in the Ross anchored retail center at the southeast corner of Grant and Craycroft Roads. La Botana Grill plans to relocate their existing Mexican restaurant at 3200 N. 1st Ave. The new restaurant is estimated to open July 1, 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Tenant, La Botana Grill, and the Landlord, Maqsood and Sabrina Enterprises, LLC, was represented by Robert Nolan of Oxford Realty.

RETAIL – SE CORNER of ORANGE GROVE and RIVER RD., TUCSON
Jimmy’s Pita & Poke has leased a 1,300-square-feet space at Marana Marketplace, located at the SE corner of Orange Grove Rd. and River Rd. The Premises will be used as a pita and poke restaurant and for the sale of related products. They are scheduled to open for business September 2018.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Frank Arrota, of Tucson Realty and Trust, represented the Tenant. 

RETAIL – NEC of BROADWAY BLVD and HARRISON RD., TUCSON
H&R Block Enterprises, LLC renewed their lease for 1,200-square-feet in the Broadway Albertson’s Center, located at the NEC of Broadway Blvd. and Harrison Rd. in Tucson, from Grabbert Ranch, Inc.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3553 S. 12th AVE., TUCSON
Jose Corral and Concepcion Leon leased 1,200-square-feet in Plaza Azteca, 3553 S. 12th Ave., Suite 173 in Tucson, from NAI Investments, LLC.  Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 4444 E. GRANT RD., TUCSON
3 Wishes Tattoo and Supply Company, LLC leased 1,200-square-feet in Grant Square, 4444 E. Grant Rd., Suite 121 in Tucson, from Kolvoord Family Limited Partnership.  Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord; Hilda Ramirez with HomeSmart, represented the tenant.  

RETAIL – 6330 N. CAMPBELL AVE., TUCSON
The Ballet of Conservatory Dance Music and Art, LLC expanded their leasehold for an additional 1,189-square-feet at 6330 N. Campbell Ave., Suite 110 in Tucson, from HRA Paloma Village, LP. This expansion brings the total square feet for the studio to 5,247 square feet. Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 5403 E. PIMA ST., TUCSON
Allan Goddard – Farmers Insurance, leased 1,129-square-feet at 5403 E. Pima St. in Tucson, from DBR Investment Properties, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Bruce Suppes with CBRE, represented the tenant.

RETAIL – 4444 E. GRANT RD., TUCSON
Ai-Yun and Mei-Ying Fang leased 1,080-square-feet in Grant Square, 4444 E. Grant Rd., Suite 104 in Tucson, from Kolvoord Family Limited Partnership. Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord; Daniel Yan and Chris Tsighis with Coldwell Banker, represented the tenant.

RETAIL – SWC of SPEEDWAY BLVD. and WILMOT RD., TUCSON
True Collectors, a vintage toy store, leased 950-square-feet in Monterey Village Shopping Center, located at the SWC of Speedway Blvd. and Wilmot Rd. in Tucson, from Monterey Village, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3955 E. SPEEDWAY BLVD., TUCSON
Presidio Hair and Nails leased 900-square-feet in Central Point Business Plaza, 3955 E. Speedway, Suite 107 in Tucson, from Central Point Tucson, LLC.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4560 E. BROADWAY BLVD., TUCSON
Hairdoer Studio, LLC leased 425-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suites 229-230 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office and Investment Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1200 N EL DORADO PL, TUCSON
Monier Insurance leased 275-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite D-430 in Tucson, from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Mark Monier, Monier Realty & Insurance, represented the tenant in this transaction.

RETAIL – SE CORNER of BROADWAY BLVD. and KOLB RD., TUCSON
Big D Flooring has renewed their lease for an additional 5-years at Circle Plaza Shopping Center, located on the SE corner of Broadway Blvd. and Kolb Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

RETAIL – SE CORNER of SPEEDWAY BLVD and PANTANO RD., TUCSON
SW Motor Vehicle has renewed their lease for an additional 5-years at Speedway Pantano Square, located on the SE corner of Speedway Blvd. and Pantano Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

RETAIL – SE CORNER of BROADWAY BLVD. and KOLB RD., TUCSON
Big D Flooring has renewed their lease for an additional 5-years at Circle Plaza Shopping Center, located on the SE corner of Broadway Blvd. and Kolb Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

RETAIL – SE CORNER of SPEEDWAY BLVD and PANTANO RD., TUCSON
SW Motor Vehicle has renewed their lease for an additional 5-years at Speedway Pantano Square, located on the SE corner of Speedway Blvd. and Pantano Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord.

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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.

To learn more, see RED Comp #5615.