The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 16 thru 20, 2016.

RETAIL – 555 E. WETMORE, TUCSON
Mark’s Ace Hardware has leased a 9,895-square-feet space at Tucson Place Shopping Center, located on the NWC of First Ave. and Wetmore Rd. The Premises will be used for the retail sales of products and services sold at Ace Hardware stores. They are scheduled to open for business Agust 2016. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while, Marty Olejarczyk, of De Rito Partners, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.325.2432[/mepr-show]

INDUSTRIAL – 4520 S. COACH DR., TUCSON
Trane U.S., Inc. renewed their lease for 9,520-square-feet in Butterfield Business Center, 4520 S. Coach Dr. in Tucson, from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Alan Moore with Chapman Lindsey Commercial Real Estate Services, represented the tenant in this transaction.

INDUSTRIAL – 2015 N. FORBES BLVD., TUCSON
Atek Engineering Consultants, LLC leased 4,416-square-feet in Broadbent Industrial Center, 2015 N. Forbes Blvd., Suite 103 in Tucson from Forbes Tucson, LLC.  Rob Glaser, SIOR, CCIM, Industrial 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: 520.638.8142[/mepr-show]

RETAIL – 3601 W. CORTARO FARMS RD., TUCSON
BodyCentral Physical Therapy, PC leased 3,800-square-feet of retail space at 3601 W. Cortaro Farms Rd. in Tucson from Pacific Income Properties, LLC.  This will be BodyCentral’s fifth location in Tucson.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Brian Chang and Jason Wong with Red Point Development, Inc., represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.325.4002[/mepr-show]

OFFICE – 1500 N. WILMOT RD., TUCSON
Charles Giffin, M.D., renewed his lease for 3,762-square-feet at 1500 N. Wilmot Rd., Suite B-250 in Tucson from TMC Holdings, Inc.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 SF/YR Modified Gross; Tenant Phone: 520.721.7886[/mepr-show]

INDUSTRIAL – 746 E. 46^th ST., TUCSON
On-Time Food Services, Inc., dba Cedars Mediterranean Foods, leased 2,540-square-feet at 746 E. 46^th St. in Tucson from RRL, Inc. Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord and Dave Gallaher with Tucson Industrial Realty, represented the tenant in this transaction.[mepr-show rules=”58038″]Tenant Phone: 978.372.8010[/mepr-show]

OFFICE – 6260 E. GRANT RD., TUCSON
Coronado Internal Medicine PC has leased a 2,400-square-feet 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 August 2016. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Andrew Sternberg of Oxford Realty Advisors, LLC, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.885.2072[/mepr-show]

OFFICE – 6260 E. GRANT RD., TUCSON
Coronado Internal Medicine PC has leased a 2,400-square-feet 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 August 2016. Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Andrew Sternberg of Oxford Realty Advisors, LLC, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.885.2072[/mepr-show]

OFFICE – 1150 S. HIGHWAY 92, SIERRA VISTA
Sonora Quest Laboratories, LLC renewed their lease for 1,920-square-feet at 1150 S. Highway 92 in Sierra Vista, Arizona, from Four Brother Properties, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 423 N. 4^th AVE., TUCSON
Everest Souvenirs leased 1,600-square-feet at 423 N. 4^th Ave. in Tucson from Rich Rodgers North, Inc.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″]Tenant Phone: 520.622.8203[/mepr-show]

INDUSTRIAL – 3534 – 3538 N. ROMERO RD., TUCSON
Southern Arizona Maintenance Service, LLC leased 1,500-square-feet at 3534–3538 N. Romero Rd., Suite 136 in Tucson from Costa Verde Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 SF/MO Modified Gross; Tenant Phone: 520.721.5800[/mepr-show]

INDUSTRIAL – 3534 – 3538 N. ROMERO RD., TUCSON
Hardcore 24 Gym, LLC leased 1,500-square-feet at 3534–3538 N. Romero Rd., Suite 112 in Tucson from Costa Verde Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.60 SF/MO Modified Gross; Tenant Phone: 520.784.3099[/mepr-show]

INDUSTRIAL – 3710 S. PARK AVE., TUCSON
The Energy Specialist leased 1,170-square-feet at 3710 S. Park Ave., Suite 704 in Tucson from William Lee, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate:
$0.40 SF/MO NNN; Tenant Phone: 520.477.7225[/mepr-show]

OFFICE – 548 E. SPEEDWAY BLVD., TUCSON
Heather Moroso, NMD, leased 1,080 square feet at 548 E. Speedway Blvd. in Tucson from Tanis A. Duncan.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant and Tari Auletta, with Keller Williams Southern Arizona, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $1.39 SF/MO Modified Gross; Tenant Phone: 520.204.2250[/mepr-show]

OFFICE – 215 W. GIACONDA WAY, TUCSON
Revel Insurance Group, LLC leased 590-square-feet at 215 W. Giaconda Way, Suite 101 in Tucson from Giaconda 205 Partners, LLC.  Tom Nieman, representing the landlord, and Isaac Figueroa, representing the tenant, both Office Specialists with Cushman & Wakefield | PICOR, handled this transaction.[mepr-show rules=”58038″]Tenant Phone: 520.207.7984[/mepr-show]

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 14 thru 18, 2016.

RETAIL – 4441-4443 E. SPEEDWAY BLVD., TUCSON
Midtown Mercantile Merchants, LLC leased 29,211-square-feet in Speedway Retail Center, 4441 – 4443 E. Speedway in Tucson, from H & L Speedway Partners, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Gary Best with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.00 SF/YR Modified Gross[/mepr-show]

RETAIL – 5045 E. SPEEDWAY BLVD., TUCSON
Richard N. Maddox and Lori L. Maddox, dba Speedway Antique Mall, leased an18,000-square-foot building (formerly occupied by Summit Hut) at 5045 East Speedway Boulevard. The tenant was represented by Frank Arrotta of Tucson Realty & Trust. Rick Borane with the Volk Company represented the landlord, The Spector Revocable Trust.[mepr-show rules=”58038″] Asking lease rate: $10.00 SF/YR NNN[/mepr-show]

RETAIL – 4780 E. GRANT RD., TUCSON
Ling-Bin Lu, dba Joy Buffet leased 6,000-square-feet at 4780 East Grant Road. The tenant plans to open an Asian food restaurant offering breakfast, lunch, and dinner for dine-in, take-out, and carry-out service. The space is located at the southeast corner of Grant and Swan within Grant and Swan Shopping Center, which is anchored by Petsmart and Trader Joe’s. Jason Wong of Red Point Development represented the Tenant. Dave Hammack of Volk Company represented the landlord, C & C Land & Cattle Company Limited Partnership, L.L.P.

OFFICE – 7165 N. PIMA DRIVE, TUCSON
Western Emulsions leased 4,693-square-feet of office space at 7165 N. Pima Canyon Drive from Double Z Pima Canyon L.L.C. The Landlord was represented by Michael Sarabia and James Hardman of DESCO Southwest. The Tenant was represented by Alan G. Moore of Chapman Lindsey. [mepr-show rules=”58038″]Asking lease rate: $22.50 SF/YR NNN; Tenant Phone: 520.622.7203[/mepr-show]

RETAIL – 60 N. HARRISON RD., TUCSON
KHBA, LLC, dba: Inverse jiu-jitsu | yoga, leased 2,600-square-feet at 60 N. Harrison Rd., Suite A170 in Tucson from Dave Grabbert Ranch, Inc.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and Roger Breckenridge with Long Realty Company represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 3640 S. CMAPBELL AVE., TUCSON
M.A.V. Roofing, LLC leased 2,500-square-feet at 3640 S. Campbell Ave., Unit 1 in Tucson from Strauss Revocable Living Trust.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  Daniel Yang and Chris Tsighis with Coldwell Banker Residential Brokerage, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.55 SF/MO Modified Gross; Tenant Phone: 520.280.0834[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Cadre Partners LLC leased 1,264-square-feet of office space at 1715 E. Skyline Drive, Suite 131 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Jeff Casper of CBRE.

OFFICE – 2830 N. SWAN RD., TUCSON
Thin Ice, Inc. leased 1,194-square-feet of medical office space at 2830 N. Swan Rd., Suite 160 in Tucson from Swan & Glenn, LLC.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 3720 S. PARK AVE., TUCSON
Adrians Barbershops leased 1,170-square-feet at 3720 S. Park Ave., Suite 603 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: 520.889.2905[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Edward D. Jones & Co., LP leased 1,092-square-feet of office space located at 1715 E. Skyline Drive, Suite 121 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Chris Hollenbeck of Cushman & Wakefield. [mepr-show rules=”58038″]Tenant Phone: 520.777.7616[/mepr-show]

OFFICE – 5930 E. PIMA ST., TUCSON
Simply Sleep Diagnostics, Inc. and Homesleeptesting, Inc. leased 1,071-square-feet of office space at 5930 E. Pima St., Suite 232 in Tucson from 5930 E. Pima, Inc.  Jeff Zellet, Commercial Specialist with Cushman &Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – $15.00 SF/YR Modified Gross[/mepr-show]

OFFICE- 6400 E. GRANT RD., TUCSON
GSW Telecom, LLC leased 930-square-feet at 6400 E. Grant Rd., Suite 100 in Tucson from La Mirada, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Full Service; Tenant Phone: 520.733.4142[/mepr-show]

OFFICE – 6369 E. TANQUE VERDE RD., TUCSON
ECB Corp., dba OmniDuct, leased 327-square-feet of office space in Tri-Pointe Plaza, 6369 E. Tanque Verde Rd. in Tucson from CSFB 2005-C3 Tanque Verde, LLC.  Rick Kleiner, MBA, and Isaac Figueroa, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR Full Service[/mepr-show]

DR Horton has seen some success in the southern submarket of Tucson. In Sahuarita Highlands DR Horton took down an additional five finished SFR lots for $225,923 ($45,185 per lot); its second to last takedown from Tucson-based, Red Point Development (Daniel Leung, president) in this one-acre + lot subdivision.

Dan Feig and Aaron Mendenhall of Chapman Lindsay in Tucson represented the seller in the transaction.

DR Horton also purchased more lots at Mission Antigua in the western submarket of Tucson. This purchase was for 11 finished lots of a 38-lot rolling option for $308,000 ($28,000 per lot) which will bring the subdivision to almost full build out.

Dan Feig and Aaron Mendenhall of Chapman Lindsay in Tucson represented the seller, Antigua Associates, an affiliate of Red Point Development, in the transaction.

Maracay Homes purchased six more lots at Tortolita Vistas for $999,259 ($166,543 per lot) for the 1-acre lots in this Northwest community, off Tangerine and Thornydale Roads. This is the second takedown for Maracay here, with an option for 54 total lots. The rolling option was negotiated this past October.

Will White of Land Advisors Organization in Tucson represented Maracay Homes in the transaction.The seller was Ready Eight Corporation (David Mehl, manager).

Pepper Viner at Civano III purchased two more lots in Civano for $121,916 ($60,958 per lot) from Spectrum Capital Partners (Matt Horn, manager) of Tucson. This southwest community has been very successful for Pepper Viner.

Petrus-Crown West purchased the last remaining 61.86 acres of land in Pomegranate Farms Master Planned Community for $375,000 ($6,062 per acre) in a REO sale from Great Western Bank. Petrus already owned 586 acres in Pomegranate Farms, a community is the southwest submarket, and purchased this last piece designated as commercial in the master plan. The property had no improvements, no utilities, and was purchased as raw land to hold for future development. For more information on Pomagranate Farms go to: https://realestatedaily-news.com/4-2-million-reo-pomegranate-farms-new-owner-petrus-crown-west/

Will White of Land Advisors Organization in Tucson represented Petrus in the transaction. The bank was self-represented.

To learn more Feig can be reached at 520-747-4000 x103 and Mendenhall is at 520-747-4000 x102. White can be contacted at (520) 514-7454.

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[mepr-show rules=”58038″]Sahuarita Highlands lots: Sale date: 6/25/2014. All cash. Lots 17-19, 139 & 140.
Mision Antigua lots: Sale date: 7/24/2014. All cash. Lots 7, 20, 26, 27, 30, 46, 51, 53, 56, 57 & 60.
Tortolita Vistas lots: Sale date: 7/7/2014. $871,759 down, seller carryback.  Lots 94-96, 134-136.
Civano Block 2 lots: Sale date 7/29/2014. Lot 20 & 28.
Pomegranate land: Sale dtae 7/9/2014. All cash. Proeprty is SW of Valencia & Valhalla Rd[/mepr-show]