Tucson Lease Report – June 2 – 6, 2014

Tucson Lease Report
Tucson Lease Report

The following leases in Tucson were reported to the Real Estate Daily News for the Week June 2-6, 2014.

RETAIL – 5230 E. 22nd ST. TUCSON
Premier Auto Center leased the 40,000-square-foot former Aaron Auto and Trucks sales lot at 5230 E. 22nd in Tucson from Aaron Autos and Trucks, LLC.  Premier Auto Center also recently leased the 2-acre former Budget Rent-A-Car airport facility at 3085 E. Valencia Rd from DP’s Land Management Company. Greg Furrier, Principal and Paul Hooker with Cushman & Wakefield | PICOR, represented the landlords in both these transactions. [mepr-show rules=”58038″]Tenant Phone: 520-888-0790[/mepr-show]

RETAIL – 801 E. 47th ST., TUCSON
Lumiere Investments, LLC leased 17,289-square-feet at 801 E. 47th St., in Tucson from Mirabella Properties, LLC. Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction. [mepr-show rules=”58038″]Asking lease rate: $0.40 sf/mo Modified Gross / Tenant Phone: 520-721-1886[/mepr-show]

WAREHOUSE – 1861 W. GRANT RD., TUCSON
Dal-Tile Distribution, Inc. leased 10,800-square-feet at 1861 W. Grant, Suite 109 in Tucson from Walker Tucson Properties, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Bob Delaney and Tim Healy with CBRE represented the tenant this transaction. [mepr-show rules=”58038″]Asking lease rate : $0.23 – $0.29 sf/mo NNN / Tenant Phone: 520-748-7411[/mepr-show]

INDUSTRIAL – 10900 N. STALLARD PLACE, TUCSON
Alchemy Plastics, Inc. leased 10,306-square-feet at 10900 N. Stallard Place, Suite 140-160 in Tucson from Daryl B. Ross & Melvin S. Ross.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Gary Best with Keller Williams of Southern Arizona represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 303-307-8200 [/mepr-show]

INDUSTRIAL – 1931 W. GRANT RD., TUCSON
Babco International, Inc. leased 8,523-square-feet at 1931 W. Grant, Suite 330 in Tucson from First Family Company, Ltd. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Steffan Cione with Cione Company represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520-628-7596[/mepr-show]

RETAIL – 4037 N. ORACLE RD., TUCSON
Indian Motorcycles leased 7,722-square-feet at 4037 N. Oracle in Tucson from Poz Ben Bon Investment Corporation.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. John Hamner with KW Commercial represented the landlord in this transaction.

WAREHOUSE – 3648 E. AJO WAY, TUCSON
Plutus Motor Group, LLC, a custom car assembler specialized in highline vehicles, consignment, & luxury rentals, leased a 7,000-square-foot suite in the 61,427-square-foot Copenhagen Warehouse, 3648 E. Ajo Way, Tucson. Copenhagen will continue to occupy the remainder of the space. The owners of the warehouse were represented by John Ash of CBRE and the Tenant was represented by Gordon Wagner of Coldwell Banker. [mepr-show rules=”58038″]Asking lease rate: $0.60 sq./ft. mo. Modified Gross – Tenant Phone: 470-222-4764 [/mepr-show]

RETAIL – 1401 W. VALENCIA, TUCSON
MPG Automotive Services Valencia, LLC leased 5,300-square-feet at 1401 W. Valencia, Suite 101 in Tucson from Fletcher’s Tire & Auto Service, Inc.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.66 sq./ft. Modified Gross / Tenant Phone: 520-294-4000[/mepr-show]

INDUSTRIAL – 3949 E. 29th ST., TUCSON
Mike Giachetti dba Recycling Household Items leased 4,639-square-feet at 3949 E. 29th St., Suite 710-711 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 4565 S. PALO VERDE, TUCSON
Hill-Rom Company, Inc. leased 3,600-square-feet at 4565 S. Palo Verde, Suites 215, 223 & 225 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.43 sq/ft NNN [/mepr-show]

RETAIL – 2422 S. 6th AVE., TUCSON
YCS Enterprises leased 3,200-square-feet at 2422 S. 6th Ave. from South 6th Shopping Center LLC. Robert Nolan from Oxford Realty Advisors represented YCS Enterprises and Randy Jones from Oxford Realty Advisors represented South 6th Shopping Center LLC.

WAREHOUSE – 1870 W. PRINCE RD., TUCSON
The following businesses leased space from Presson Corporation at 1870 W. Prince Rd:  Steele Solar Solutions leased 2,792-square-feet in Suite 22-23 Design, LLC leased 1,440-square-feet in Suite 4. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled these transactions. [mepr-show rules=”58038″]Asking lease rate: $0.64 sq./ft. Modified Gross [/mepr-show]

INDUSTRIAL – 3640 S. CAMPBELL, TUCSON
Swisher Hygiene USA Operations, Inc. leased 2,500-square-feet at 3640 S. Campbell in Tucson from Strauss Revocable Living Trust.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Sam McGill with Grant Street Associates represented the tenant in this transaction. [mepr-show rules=”58038″]Phone: 1-800-444-4138 (corporate)[/mepr-show]

OFFICE – 1159 N. CRAYCROFT, TUCSON
Alzheimer’s Disease and Related Disorders Association, Inc. Desert Southwest Chapter leased 2,378-square-foot at 1159 N. Craycroft in Tucson from McGuire and Associates.  Principals Tom Nieman, Russ Hall, SIOR, GSCS, and Steve Cohen with Cushman & Wakefield | PICOR, represented the tenant. Andrew Sternberg, with Oxford Realty Advisors, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 1-800-272-3900 (corporate)[/mepr-show]

OFFICE – 2055 N. KOLB RD., TUCSON
Inspired Life Chiropractic & Wellness, leased approximately 1,575-square-feet of office space located at 2055 N. Kolb Rd, Tucson, Arizona, from Busby, Sanford, & Brady CPA’s PLC. Tari Auletta, CCIM, and Doug Richardson of Tucson Realty & Trust Co. represented both the Landlord and the Tenant in the transaction. [mepr-show rules=”58038″]Asking lease rate: $9.50 sf/yr Modified Gross / Tenant Phone: 520-390-2966 [/mepr-show]

OFFICE – 4595 S. PALO VERDE, TUCSON
Greenshield Pest Control of Tucson leased 1,200-square-feet at 4595 S. Palo Verde, Suite 501 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520-393-3352 [/mepr-show]

OFFICE – 2410 W. RUTHRAUFF, TUCSON
Paragon Design Services, LLC leased 1,200-square-feet at 2410 W. Ruthrauff, Suite 100 in Tucson from Presson Scottsdale, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520-333-4290[/mepr-show]

MANUFACTURING– 3710 S. PARK AVE, TUCSON
U.S. Security Associates Company leased 1,170-square-feet at 3710 S. Park Ave, Suite 702 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: 800-730-9599[/mepr-show]

RETAIL – 4624 E. SPEEDWAY BLVD., TUCSON
Hunter Douglas Blinds leased an additional 1,075-square-feet at 4624 E. Speedway Blvd. from Speedway Swan Plaza LLC. Robert Nolan from Oxford Realty Advisors represented both parties.

RETAIL – 2680 E. VALENCIA RD., TUCSON
Elite Barbershop leased 960-square-feet at Bay Colony Plaza, 2680 E. Valencia, Suite 168 in Tucson from Rogers Real Estate Holdings, LLC.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 sf /yr NNN[/mepr-show]

OFFICE – 8825 E. SPEEDWAY BLVD., TUCSON
Allstate Insurance leased 808-square-feet at 8825 E. Speedway Blvd., Suite #108 from Furrow Properties. Andrew D. Sternberg from Oxford Realty Advisors handled the transaction.

OFFICE – 1637 E. PRINCE RD., TUCSON
Ryberson Consulting, PLLC leased 745-square-feet at 1637 E. Prince Rd. from Campbell & Prince Property, LLC. Andrew D. Sternberg from Oxford Realty Advisors handled the transaction.

OFFICE – 1641 E. PRINCE RD., TUCSON
Amber Healing Center, LLC leased 745-square-feet at 1641 E. Prince Rd. from Campbell & Prince Property, LLC. Andrew D. Sternberg from Oxford Realty Advisors handled the transaction.

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TUCSON LEASE REPORT – SEPTEMBER 16-20, 2013

Real Estate Daily News LogoINDUSTRIAL – 4875 N. Shamrock, Tucson

Mark Polich leased 5,027 sq. ft. at 4875 N. Shamrock, Suite 111 in Tucson from Shamrock 3, LLC. Patrick Welchert, SIOR, Industrial Specialist with Cushman & Wakefield / PICOR represented the Landlord and Dave Blanchette with CBRE represented the tenant in this transaction.

RETAIL / WAREHOUSE – 1870 W. Prince Rd., Tucson

The following businesses leased space at 1870 W. Prince Road in Tucson from Presson Corporation:

SW Ironworks leased 3,600 sq. ft. in suites 52, 53, and 54. SW Ironworks is a custom manufacturer of wrought iron security doors, gates, enclosures and window guards. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR represented the landlord.  Terry Lavery with Tucson Realty & Trust Company represented the tenant.

RecoverCare, LLC leased 2,880 sq. ft. in Suite 18. RecoverCare is a provider of Bariatric Support Surfaces, Therapeutic Support Surfaces, Wound Care and Safe Patient Handling Equipment. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR represented the landlord.

RCC Holdings, dba Primera Interiors leased 1,440 sq. ft. in Suite 30.  Primera Interiors provides a complete line of flooring, countertops, cabinets, window treatments, tiles and stone in Arizona, Nevada and Colorado. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR represented the landlord.

RETAIL – 6261 N. Oracle Rd. Suite 101, Tucson

Robert Floyd, dba Bikram Yoga, has extended the lease of 2,815 sq. ft. at 6261 N. Oracle Rd. Suite 101 at the Oracle Village Plaza in Tucson.  Bikram’s stated mission is to ‘Create a friendly, healthy and safe environment that will encourage people at all ages, sizes, sexes and fitness levels to benefit from regular yoga practice in a state-of-the-art facility’. Rick Borane of Volk Company Commercial Real Estate in Tucson represented the landlord, Oracle Village Plaza, LLC, and Gordon Wagner of Coldwell Banker in Tucson represented the tenant.

OFFICE  – 3819 S. Evans Blvd., TUCSON

Canyon Health, LLC., leased 1,802 sq. ft. at 3819 S. Evans Blvd., Suites 304 & 305, in Tucson at the Ajo / Evans Business Park.  Canyon Health provides services in Pain management, Weight Management, Anti-aging & Longevity, for the overall improvement of your health.  Jeff Zellet, Commercial Specialist and Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield / PICOR represented the landlord in this transaction.

RETAIL – 190 S. Stratford Dr., suite 106, Tucson

Medicine of the People leased 1,764 sq. ft. at 190 S. Stratford Drive, Suite 106 in Tucson from Rich Rodgers Investment, Inc.  Medicine of the People offers herbal salves and creams, massage oils and tinctures made from native plants. Brandon Rogers, CCIM, Industrial Specialist with Cushman & Wakefield / PICOR represented the landlord and Tim DeNiro with Commercial Real Estate Group of Tucson represented the tenant.

INDUSTRIAL – 1321 W. Ajo Way, Tucson

Hussman Service Corp., has leased 1,730 sq. ft. at 1321 W. Ajo Way, Suite 115, Tucson.  The space is located within the Ajo Business Center, a retail and industrial project at Ajo Way and Benson Highway. Rick Volk of Volk Company Commercial Real Estate in Tucson represented the Landlord, Ajo Business Center LP.  Tricia Gumulka of Newmark Grubb Knight Frank represented the Tenant.

INDUSTRIAL – 8051 E. Lakeside Parkway, Tucson

JJ’s Woodworking leased 1,500 sq. ft. at 8051 E. Lakeside Parkway in Tucson, at the Lakeside Business Center, from Tesoro Enterprises, Inc. for custom woodworking.  Gary Emerson of GRE Partners, LLC handled the transaction for the landlord.

RETAIL – 5827 N. Oracle Road, Tucson

Glass Illusions Studio leased 1,320 sq. ft. at 5827 N. Oracle Road in Tucson at Placita del Norte Shopping Center.  Glass Illusions is a premiere fused glass & metal art gallery. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield / PICOR represented the landlord and Jeff Zellet, Commercial Specialist with Cushman & Wakefield / PICOR represented the tenant in this transaction.

RETAIL – 6960 E. Sunrise Dr., Tucson

Abbygrace, LLC has leased an additional 900 sq. ft. in the Shops at Ventana, 6960 E. Sunrise Dr. in Tucson, located at the southeast corner of Sunrise and Kolb.  The tenant operates The Abbey restaurant is currently in a 2,700 sq. ft. adjacent end cap and will use the additional space to expand the restaurant. The Abbey is owned by restaurateur Brian Metzger and takes simple comfort foods and evolves them into palette-pleasing meals.  The interior is filled with bookshelves, cozy booths, a chalkboard overhead for specials, and a candle on every table.  David Hammack of Volk Company Commercial Real Estate in Tucson represented the landlord, Sunrise & Kolb East LLC.

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[ismember]RCC Holdings – Primera Interiors, 1870 W. Prince, suite 30 – $59 cents gross

JJ’s Woodworks – 8051 E. Lakeside Pkwy – $7.20 – $10.80 / sf/yr

Canyon Health, LLC.,  – 3819 S. Evans Blvd., – 47cents sq. ft. / month NNN  [/ismember]

 




TUCSON LEASE REPORT SEPTEMBER 2-6, 2013

RED NEWS COLOR LOGORETAIL GROUND LEASE – 5725 E BROADWAY, TUCSON

LongHorn Steakhouse through parent company Rare Hospitality Management, Inc., a subsidiary of Darden Restaurants, signed a long-term ground lease for approximately 62,796 square feet at 5725 East Broadway Boulevard. The existing strip center on the property is scheduled to be demolished to make way for a 6,200 square-foot LongHorn Steakhouse. Darden Restaurants, which owns several other restaurant concepts including Olive Garden and Red Lobster, is the world’s largest full-service restaurant company with over 2,100 restaurants through its subsidiaries. This is LongHorn’s first restaurant location in Tucson. Terry Dahlstrom of Volk Company in Tucson represented the Tenant in the transaction. Jim Egan of Prime Commercial Real Estate in Tucson represented the landlord, Heights Properties, LLP.

INDUSTRIAL SPACE – 4175 S. FREMONT AVE., TUCSON

Abrasives & Equipment of Arizona, Inc., a supplier of abrasives and blast equipment, as well as a developer and handler of specialty and environmental products for the abrasive blast industry, leased 6,230 sq. ft. at 4175 S. Fremont Ave, Suite 105 in Tucson from Doubletree Investments, Inc. Stephen D. Cohen, and Russell W. Hall, SIOR, GSCS, Principals and Industrial Specialists with Cushman & Wakefield / PICOR of Tucson handled the transaction.

OFFICE SPACE – 5151 E. BROADWAY BLVD., TUCSON

AXA Equitable Life Insurance renewed their lease for 5,075 sq. ft. at 5151 E. Broadway, Suite 1200 in Tucson from KCI Broadway, LLC.  Tom Nieman, Principal and Office Specialist, Paul Hooker and Jeff Zellet, Industrial Specialists with Cushman & Wakefield / PICOR in Tucson handled the transaction.

INDUSTRIAL SPACE – 3820 S. PALO VERDE RD, TUCSON

La Tauna Products, LLC. leased 3,807 sq. ft. at 3820 S. Palo Verde, Suite 102 in Tucson from Palo Verde Trust Partners, LLC.  Rob Glaser, SIOR, CCIM, Principal, Paul Hooker and Jeff Zellet, Industrial Specialists with Cushman & Wakefield / PICOR of Tucson handled the transaction.

INDUSTRIAL SPACE – 3455 S. PALO VERDE RD, TUCSON

Tucson Industrial Products and Sanitary Supply Co. leased 1,815 sq. ft. at 3455 S. Palo Verde Rd., Tucson from 3455 S. Palo Verde Road LLC. Robert Delaney and Tim Healy with CBRE represented the landlord, Gordon Wagner with Coldwell Banker – Commercial Group of Tucson represented the tenant.

INDUSTRIAL SPACE – 4500 E. SPEEDWAY, TUCSON

The following businesses renewed leases at the Midway Business Park: Express Interlock, LLC., 1,200 sq. ft. at 4500 E Speedway, Suite 46 in Tucson to the Southern Arizona Community Diaper Bank, and 1,860 sq. ft. in Suites 78 & 108 also at Midway. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR, represented the landlord in this transaction.

INDUSTRIAL SPACE – 3933 E. 29 STREET, TUCSON

Avtel Technologies, Inc. leased 745 sq. ft. in the Midpoint Business Plaza, 3933 E 29th St, Suite 503 in Tucson from Presson Midpoint LLC. Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield / PICOR handled the transaction.

OFFICE SPACE – 4525 E. SKYLINE DRIVE, TUCSON

Boskovich Insurance Sales & Service, PLLC, leased approximately 308 sq. ft. of office space located at 4525 E. Skyline Drive, suite 112 in Tucson from M. Francina Richardson and Suzanne Garvey. Doug Richardson and Terry Lavery of Tucson Realty & Trust represented the Landlord in this transaction.

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[ismember]Avtel , 3933 E 29th St, Suite 503 in Tucson asking rate $0.63 sf/mo (modified gross)

Asking lease rate at 4500 E Speedway was $.41 -$.52 / SF/ month Industrial gross

[/ismember]