Tucson Lease Report June 6 – 10, 2016

Tucson courthouse 200x150
Tucson Lease Report June 6 – 10, 2016

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 6 thru June 10, 2016.

INDUSTRIAL – 2010 N. FORBES BLVD., TUCSON
Comfort Systems USA (Southwest), Inc. leased 5,954-square-feet at 2010 N. Forbes Blvd., Suite 103 in Tucson from Tucson North Forbes Ventures, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Keith Lammersen with JLL, represented the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.628.8640[/mepr-show]

OFFICE – 3575 E. SUNRISE DR., TUCSON
First Financial Equity Corp. leased 4,520-square-feet of office space at La Paloma Corporate Center. David Montijo and Damian Wilkinson with Tucson’s CBRE office represented the landlord. Jeff Casper with CBRE’s Tucson office and Bryce Terveen with CBRE’s Phoenix office represented the tenant. [mepr-show rules=”58038″]Asking lease rate: $22.00 SF/YR Full Service[/mepr-show]

RETAIL – 3575 E. GRANT RD., TUCSON
Priority Auto and Tire Center, LLC leased 4,487-square-feet at 3575 E. Grant Rd. in Tucson from Norman Medeiros, Sr., Revocable Living Trust.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Phone: 520.585.4205[/mepr-show]

RETAIL – 5640 E. BROADWAY BLVD., TUCSON
Gospel Supplies leased 4,240-square-feet in Broadway Center, 5640 E. Broadway Blvd., from Broadway Craycroft, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″] Phone: 520.722.1441[/mepr-show]

OFFICE – 5300 E. ERICKSON DR., TUCSON
Tender Loving Care Health Care Services Western, LLC leased 3,762-square-feet at 5300 E. Erickson Dr., Suite 116 in Tucson from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Phone: 520.546.1724[/mepr-show]

OFFICE – 7400 N. ORACLE RD., TUCSON
G4S Secure Solutions (USA), Inc. leased 3,652-square-feet of office space at 7400 N. Oracle Rd., Suite 311 in Tucson from Northwest Corporate Centre.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant and Dan Wesson with The Waterfall Group, LLC, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $16.50 SF/YR Full Service; Phone: 520.748.8800[/mepr-show]

RETAIL – 4165 W. INA RD., TUCSON
Southwest Dance Academy, LLC leased 3,477-square-feet at 4165 W. Ina Rd., Suite 101 in Tucson from Tin Cup Properties, LLC, dba Regency Plaza.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – RILLIOT CORPORATE PARK, TUCSON
National Community Health Partners renewed 2,814-square-feet of office space at Rillito Corporation Park. David Montijo and Damian Wilkinson with CBRE’s Tucson Office represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.795.9756[/mepr-show]

OFFICE – 6260 – 6296 E. GRANT RD., TUCSON
Coronado Internal Medicine has leased a 2,400-square-feet of space at Wilmot Professional Plaza, located on Wilmot Rd, just south of Grant Rd. The Premises will be used as a general medical practice office. They are scheduled to open for business October 2016.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Andrew Sternberg, of Oxford Realty, represented the Tenant. [mepr-show rules=”58038″]Phone: 520.885.2072[/mepr-show]

RETAIL – 3150 E. FT. LOWELL RD., TUCSON
Rug Warehouse leased 2,320-square-feet in Winterhaven Square, located at Fort Lowell and Country Club in Tucson, from Glover Associates, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 6260 – 6296 E. GRANT RD., TUCSON
Borden Physical Therapy has leased a 2,280-square-feet of space at Wilmot Professional Plaza, located on Wilmot Rd, just south of Grant Rd. The Premises will be used as a physical therapy office. They are scheduled to open for business in September 2016.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Alan Moore, of Chapman Lindsey, represented the Tenant. [mepr-show rules=”58038″]Phone: 520.884.0001[/mepr-show]

OFFICE – 6260 – 6296 E. GRANT RD., TUCSON
HBS Management Solutions has leased a 2,120-square-foot space at Wilmot Professional Plaza, located on Wilmot Rd, just south of Grant Rd. The Premises will be used as an property management office. They are scheduled to open for business in October 2016.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker. [mepr-show rules=”58038″]Phone: 520.838.0276[/mepr-show]

OFFICE – 1600 N. KOLB RD., TUCSON
Fidelity National Title leased 1,987-square-feet of office space at Kolb Executive Park. The landlord was represented by Diana Dessy of Anthem Equity Group. The tenant was represented by David Montijo and Damian Wilkinson with CBRE’s Tucson Office.

RETAIL – 3150 E. FT. LOWELL RD., TUCSON
Tom Roof the Cleaner renewed their lease for 1,788-square-feet in Winterhaven Square, located at Fort Lowell and Country Club in Tucson, from Glover Associates, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Phone: 520.326.1114[/mepr-show]

OFFICE – 6400 E. GRANT RD., TUCSON
Frontline Software Technology, Inc. leased 1,747-square-feet at 6400 E. Grant Rd., Suite 110 in Tucson from La Mirada, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $16.50 SF/YR Full Service; Phone: 520.298.0707[/mepr-show]

OFFICE – 899 N. WILMOT RD., TUCSON
Brien V. Harvey, D.D.S. has extended his current lease for a five (5) year term of 1,632-square-feet at 899 N. Wilmot Road, Suite E-2, from Holland Arizona Investments, LLC.  Lori Casey of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Phone: 520.745.5722[/mepr-show]

OFFICE – 1773 W. ST. MARY’S RD., TUCSON
Southwest Orthopaedic Surgery leased 1,580-square-feet at Tucson Mountain Medical Park at 1773 W. St. Mary’s Road, Tucson. Bruce Suppes and Dave Volk with the CBRE’s Tucson Office represented the landlord. [mepr-show rules=”58038″]Asking lease rate: $16.50 SF/YR Full Service; Phone: 520.327.9677[/mepr-show]

OFFICE – 1200 N. EL DORADO PL., TUCSON
Tami C. Friske, OD, PC leased 1,488-square-feet in El Dorado Square, 1200 N. El Dorado Pl., Suite G-750 in Tucson, from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and James Robertson, Jr. with Realty Executives Tucson Elite, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.90 SF/YR Full Service[/mepr-show]

OFFICE – 1773 W. ST. MARY’S RD., TUCSON
Bayada Home Health Care leased 1,364-square-feet at Tucson Mountain Medical Park at 1773 W. St. Mary’s Road, Tucson. Bayada was represented by Gary Best with Keller Williams Southern Arizona Realty.  Bruce Suppes and Dave Volk with the CBRE’s Tucson Office represented the landlord. [mepr-show rules=”58038″]Asking lease rate: $16.50 SF/YR Full Service[/mepr-show]

RETAIL – 1830 E. BROADWAY BLVD., TUCSON
Supercuts, Inc. leased 1,234-square-feet at 1830 E. Broadway Blvd., Suite 170 in Tucson, from Broadway Tucson Investors, LLC.  Greg Furrier and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.  John Yarborough, with Romano Real Estate Corporation, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – 19.00 SF/YR NNN[/mepr-show]

RETAIL – 3118 E. FT. LOWELL RD., TUCSON
Domino’s Pizza leased 1,200-square-feet in Winterhaven Square, located at Fort Lowell and Country Club in Tucson, from Glover Associates, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3150 E. FT. LOWELL RD., TUCSON
Rich Nails renewed their lease for 1,160-square-feet in Winterhaven Square, located at Fort Lowell and Country Club in Tucson, from Glover Associates, LP.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Phone: 520.319.1888[/mepr-show]

OFFICE – 2200 E. RIVER RD., TUCSON
Gordian Advisors, LLC leased 983-square-feet of office space at 2200 E. River Road, Suite 109 in Tucson from Morken Family Trust.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.[mepr-show rules=”58038″] Asking lease rate: $22.00 SF/YR; Phone: 520.615.2779[/mepr-show]

OFFICE – 7680 E. BROADWAY BLVD., TUCSON
Mercury Ventures Inc. renewed 903 sq. ft. and signed a new lease for 532 sq. ft. of office space at Broadway Proper. The transaction was handled by Bruce Suppes with CBRE’s Tucson Office.[mepr-show rules=”58038″] Phone: 520.647.7865[/mepr-show]

OFFICE – 7070 N. ORACLE R., TUCSON
Tucson Counseling leased 803-square-feet of office space at 7070 N. Oracle Road. Bruce Suppes and David Volk represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.873.8562[/mepr-show]




UA MRED Back to School invites CCIM for Encore Visit

MREDClass 2The Southern Arizona Chapter of CCIM and the Masters of Real Estate Development (MRED) hosted their first joint project of the new semester this week. CCIM and MRED began this joint project last year. This week’s presentation was held in the class of Drew Sanderford, PhD, Assistant Professor of Real Estate & Planning at the University of Arizona.

Presenters were Jason Wong, CCIM, with Red Point Development who spearheads the joint cooperative educational project, James Robertson, Jr., CCIM, with Realty Executives and Ryan Heinfeld, CCIM candidate, with Advisors in Real Estate. Also presenting to the class was yours truly, Karen Schutte, publisher of the Real Estate Daily News on “Why writing a real estate blog can be important and How Sales Comps are born”.

Larsen & Baker’s Don Baker, an MRED graduate and a CCIM candidate, added to a spirited discussion on the importance of up-to-date and accurate information in the real estate decision-making and how information comes from so many different sources these days. The media is less important than the knowledge of the person using it.

Mred classTucson lives in the shadow of Phoenix but we also have our own story to tell, I tried to explain. The mission of the Real Estate Daily News is to tell the  stories of our community and add relevancy to our real estate market in the process. We then walked through the creation of a sales comp, from affidavit of value, through the steps to an end, usable product with the recent Tenet Purchase of Carondelet as a comp study.

Heinfeld spoke about his personal experience as a CCIM candidate and what he liked about the four core classes and the pros and cons of taking them online or in person for the professional networking between members.

Robertson expanded more on the national and international opportunities that exist within the CCIM network and Wong concluded with the local networking resources and cooperation that exists between the commercial brokers in land, office, retail or industrial markets; appraisers; developers; investments; lenders and research such as Real Estate Daily News and RED Comps, a commercial real estate sales database for Southern Arizona.




Tucson Lease Report – April 27 – May 1, 2015

Tucson Lease Report
Tucson Lease Report

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 27 thru May 1, 2015.

INDUSTRIAL – 1780, 1782, 1748 E. BENSON HIGHWAY, TUCSON, AZ.
Walden Finance, LLC and Walden Auto, LLC leased 14,335-square-feet at 1780, 1782 1748 E. Benson Hwy. from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and the tenant in this transaction.

OFFICE – 2760 S. 4th AVENUE, TUCSON, AZ.
Arizona Department of Child Safety leased 11,860 square feet at 2760 S. 4th Ave. in Tucson from Madera Associates Group, LLC. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and Melissa Lal, CCIM and Andy Seleznov, CCIM with Larsen Baker, LLC, represented the landlord in this transaction. [mepr-show rules=”58038″]$16.00 SF/YR Modified Gross; Phone: 602.542.3981[/mepr-show]

INDUSTRIAL – 3865 N. BUSINESS CENTER DR., TUCSON, AZ.
Simplex Grinnell, LP leased 7,193 square feet at 3865 N. Business Center Dr. in Tucson from NTBC Trust Partners, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Bob DeLaney with CBRE, represented the tenant in this transaction. [mepr-show rules=”58038″]$0.72 SF/MO NNN; Phone: 520.284.2488[/mepr-show]

INDUSTRIAL – 1141 W. GRANT RD., TUCSON, AZ.
La Frontera Center, Inc. renewed their lease for 6,528 square feet at 1141 W. Grant Rd., 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, represented the landlord and the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.206.8600[/mepr-show]

RETAIL – NEC FRY BLVD & ARIZONA 91, SIERRA VISTA, AZ
Michael Clark and Darren Pitts represented Mattress Firm. A 4,200-square-foot location in Sierra Vista at the northeast corner of Fry Blvd., and Arizona 92 was leased by Mattress Firm. The new store is expected to open in December of 2015 and will be the first store in the market.

RETAIL – BROADWAY & CRAYCROFT & GRANT & SWAN, TUCSON, AZ
Darren Pitts and Michael Clark represented Mattress Pro for two separate transactions. First is a 4,000- square-foot location at the northwest corner of Broadway and Craycroft in Tucson, Arizona. The landlord, SFR Associates, LLP was represented by CBRE’s Nancy McClure. This store is expected to open in the 4th quarter of 2015. Next is a 3,500-square-foot store at the northeast corner of Grant and Swan in Tucson, Arizona. The landlord, Scarlet Investments, RLLC was represented by McClure. This location is expected to open in the 4th quarter of 2015.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON, AZ.
Long Tail Treasures, LLC leased 2,720 square feet at 4500 E. Speedway, Suite 14 in Tucson from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord and Mark Biery with Berkshire Hathaway Premier Commercial, represented the tenant this transaction. [mepr-show rules=”58038″]$0.72 – $0.80 MO Modified Gross; Phone: 520.284.2488[/mepr-show]

INDUSTRIAL – 3720 S. PARK AVE., TUCSON, AZ.
AZ Boxing and Fitness leased 2,470 square feet at 3720 S. Park Ave., Suites 705-707 in Tucson from William Lee, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Phone: 520.292.6937[/mepr-show]

INDUSTRIAL – 1013 S. EUCLID AVE., TUCSON, AZ.
Palace Cooling & Heating, LLC and Protech Mechanical Services, LLC leased 1,780 square feet at 1013 S. Euclid Ave. in Tucson from Rich Rodgers South, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.262.9827[/mepr-show]

RETAIL – 5014, 5020, 5024, 5026 E. SPEEDWAY BLVD., TUCSON, AZ.
World Class Design Source, LLC in leased a 1,080-square-foot building on 16,991 square feet of land at 5014, 5020, 5024, and 5026 East Speedway Boulevard. The tenant specializes in the sale of pottery and other home accessories. The landlord is Skyline Reflections, L.L.C. Rick Borane of Volk Company represented World Class Design Source.

OFFICE – 105 E. SPEEDWAY BLVD., TUCSON, AZ.
Studio Bellagio, LLC leased 1,535 square feet at 105 E. Speedway Blvd. in Tucson from GSB&D, LLC.  Tom Knox, SIOR, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.861.0984[/mepr-show]

OFFICE – 3275 W. INA RD., TUCSON, AZ.
MediSun, Inc., dba Blue Cross Blue Shield of Arizona Advantage, leased 1,507 square feet at 3275 W. Ina Rd., Suite 145 in Tucson from Caldor Investments of Arizona, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Chris Corney with Jones Lang LaSalle Americas, Inc., represented the tenant in this transaction. [mepr-show rules=”58038″]$17.00 SF/YR Full Service[/mepr-show]

OFFICE – 3295 W. INA RD., TUCSON, AZ.
SCA Enterprises, Inc., dba SCA Appraisal Company, leased 1,467 square feet at 3295 W. Ina Rd., Suite 135 in Tucson from Ina Executive Center, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Esther Empens with Tierra Antigua Realty, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 800.572.8010[/mepr-show]

INDUSTRIAL – 850 E. OHIO ST., TUCSON, AZ.
Nils Menten leased 1,390 square feet for a motorcycle repair and restoration business at 850 E. Ohio St., Suite 17 in Tucson from RRL, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 7980 N. ORACLE RD., TUCSON, AZ.
Oro Valley CrossFit leased 1,300 square feet at 7980 N. Oracle Rd., Suite 110 in Tucson from Christopher Family 2001 Revocable Trust.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and James Robertson, Jr. with Realty Executives International Elite, represented the tenant in this transaction.

RETAIL – 210 W. CONTINENTAL RD., TUCSON, AZ.
Kola Care, LLC leased 900 square feet at 210 W. Continental Rd., Suite 216A in Green Valley, AZ. from Continental Green Valley Associates, LLC.  Tom Nieman and Rob Tomlinson with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.777.4175[/mepr-show]

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