Tucson Lease Report Oct. 30 – Nov. 3, 2017

Tucson Lease report 3-13-16
Tucson Lease Report Oct. 30 – Nov. 3, 2017

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Oct. 30 thru Nov. 3, 2017.

INDUSTRIAL – 2850 E. VALENCIA RD., TUCSON
Port Plastics, Inc. leased 12,066-square-feet at 2850 E. Valencia Rd. in Tucson, from 3000 East Valencia, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, and Crystal Jutte with Mohr Partners, Seattle, WA., represented the tenant in this transaction.  Robert DeLaney with CBRE represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.624.3770[/mepr-show]

OFFICE – 333 E. WETMORE RD., TUCSON
Kimley Horn and Associates, Inc renewed their leased with Tucson West, LLC and expanded to 7,955-square-feet; Andrew Sternberg and Phil Skillings, with NAI Horizon represented the landlord and Jenny Aust Turner with Savills Studley represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.615.9191[/mepr-show]

OFFICE –  250 S. CRAYCROFT, TUCSON
The Providence Service Corporation leased 3,808-square-feet from WCCP 250 Craycroft, LLC; Andrew Sternberg and Phil Skillings with NAI Horizon represented the landlord and David Montijo with CBRE Tucson represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.747.6600[/mepr-show]

OFFICE – 6130 N.LA CHOLLA BLVD., TUCSON
Dr. Gerald Morris and Dr. Amanda Bacchus-Morris leased 3,245-square-feet at 6130 N. La Cholla Blvd., Suite 117 in Tucson, from HCP/Utah II, LLC.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $21.00 SF/YR Modified Gross; Tenant Phone: 520.547.9700[/mepr-show]

INDUSTRIAL – 6894 N. CAMINO MARTIN, TUCSON
AZ Parking Lot Maintenance, LLC leased 1,500-square-feet in Old West Business Park located at 6894 N. Camino Martin, Suite 120 in Tucson, from Camino Martin Partners II, LLC.  Cushman & Wakefield | PICOR Industrial Specialists handled this transaction.  Max Fisher represented the tenant, and Brandon Rodgers, CCIM, Principal, represented the landlord. [mepr-show rules=”58038″]Tenant Phone: 520.780.9639[/mepr-show]

RETAIL –  9105 E. TANQUE VERDE RD., TUCSON
Fuzeng Wang dba Reflexology leased 1,460-square-feet from WRI Madera Village, LLC; Dave Dutson with NAI Horizon represented the tenant in this transaction.

RETAIL – 490 N. HUGHWAY BYPASS 90, SIERRA VISTA, AZ
Arizona Ice Cream Company, Inc. (Coldstone Creamery) leased 1,363-square-feet at Charleston Crossing from Triple C Associates, LP; Scott Soelter with NAI Horizon represented the tenant and Paul Holland with Colliers International represented the landlord.

RETAIL – 2410 W. RUTHRAUFF RD., TUCSON
GEOST, Inc. leased 1,200-square-feet in Ruthrauff Commerce Center located at 2410 W. Ruthrauff Rd., Suite 160 in Tucson, from Presson Scottsdale, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  Alan Moore with Chapman Lindsey represented the tenant.[mepr-show rules=”58038″] Tenant Phone: 520.308.5551[/mepr-show]

OFFICE – 800 N. SWAN RD., TUCSON
Jean DuBose and Elizabeth de Vries, leased 601-square-feet from 800 N Swan, Inc.; Andrew Sternberg with NAI Horizon represented the landlord and tenant in this transaction.

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The Quad Inks Two New Leases as Phase One Nears Completion

The Quad, Phase I, Scottsdale, AZ

Phoenix, Arizona – The Quad, a fourteen-building, 166,606-square-foot office project in the heart of Scottsdale, Ariz., has two new companies to add to its tenant roster. The creative, class A property will soon be home to San Francisco-based Opendoor and Scottsdale-based Forward Tilt.

Bryan Taute and Charlie Von Arentschildt with CBRE’s Phoenix office negotiated the leases on behalf of the landlord, EverWest Real Estate Partners. Opendoor was represented by Tiffany Winne with Savills Studley and Forward Tilt was represented by Craig Coppola with Lee and Associates.

“Opendoor and Forward Tilt are perfect examples of tenants whose vision aligns with the creative nature of The Quad,” said CBRE’s Taute. “As Phase I nears completion and we get ready to kick off construction of Phase II, activity and interest will only increase in the project.”

Opendoor will take an entire 12,546-square-foot building in Phase I of The Quad. The tech-based real estate sales platform first launched in Phoenix in 2015 and most recently closed on a $210 million funding round to close out 2016.

Forward Tilt is a locally owned commercial furniture dealership that will be taking 8,278- square-feet of office space to house its headquarters and showroom. Forward Tilt is currently located in Scottsdale, AZ. This premier Allsteel dealership also represents more than 100 different manufacturers and supplies furniture to commercial, educational, healthcare, and hospitality clients in Arizona and around the country.

The Quad Interior view

“Our company is about creating spaces and environments that showcase our clients’ cultures and support the employee experience,” said Michelle Heeb, Principal, Forward Tilt. “With that in mind, we were particularly conscious of how our new home would impact our culture and employee experience. Everwest has created an environment that is truly unmatched, and we look forward to calling The Quad home.”

The Quad is one of the latest redevelopment plays by the Colorado-based Everwest. The firm has made a name for itself in recent quarters with its success in repositioning older projects into top-tier, highly sought after office addresses.

“Opendoor is one of Arizona’s fastest growing tech startups, and Forward Tilt is a prime example of the creativity and drive of local entrepreneurs,” said Amr Ceran, senior director with EverWest. “Their vision validates the gap in the market for this type of creative concept that drew us to redevelop The Quad in the first place.”

Phase I of The Quad is comprised of six office buildings and one “amenities” building, which will house a soon-to-be-announced restaurant, a fitness center, a tenant amenity area, and Everwest’s Phoenix office. Phase I is currently 28 percent pre-leased and is set to deliver in February. Upon its completion, Phase I will offer 29,360-square-feet of spec suites.

Phase II of The Quad is comprised of seven office buildings, totaling 12,546-square-feet each, and will start construction in March. Those buildings are slated to deliver in October of this year.




Tucson Lease Report January 9-13, 2017

Tucson Lease report 3-13-16The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from January 9 thru 13, 2017.

INDUSTRIAL – 8620 E. OLD VAIL RD., TUCSON
Raise the Bar Fitness leased a 5,280-square-feet industrial property at 8620 E. Old Vail Road. The landlord was represented by Tim Healy and Robert DeLaney of CBRE. [mepr-show rules=”58038″]Asking lease rate: $0.34 – $0.50 SF/MO NNN; Tenant Phone: 520.574.7743[/mepr-show]

OFFICE – 1 S. CHURCH ST., TUCSON
Carollo Engineers, Inc. leased a 3,215-square-feet of office space at 1 South Church Ave. The tenant was represented by Dustin McFarland of Savills Studley. The landlord, 1SC Partners LLC, was represented by Jeff Casper of CBRE. [mepr-show rules=”58038″]Tenant Phone: 520.624.4483[/mepr-show]

RETAIL – 7105 E. 22nd St., TUCSON
46 Wellness, LLC has leased 3,050-square-feet at 7105 E. 22nd Street, from Gee Garden Properties-2, LLC.  Robert J. Nolan of Oxford Realty Advisors represented the Tenant and David Lee of David Lee Real Estate represented the Landlord in the transaction.

RETAIL – 4016 N. 1st AVE., TUCSON
Mama’s Hawaiian Bar-B-Cue has signed a lease at Shoppes at 1st & Roger for their fifth location in Tucson and sixth in Arizona. Their newest restaurant will be located at the 4016 N. 1st Avenue, Suites 100 and 110, at the northeast corner of 1st Avenue and Roger Road. This new Mama’s Hawaiian Bar-B-Cue location will be 2,160-square-feet and is expected to open in May 2017. Mama’s Family Restaurants, LLC opened their first restaurant on Speedway near the University of Arizona in 2010. Shoppes at 1st and Roger was completed in December 2016 and is anchored by an existing Fry’s Food and Drug Store. Craig Finfrock of Commercial Retail Advisors, LLC represented both, the Landlord, Shoppes at 1st & Roger, LLC, and the Tenant, Mama’s Family Restaurants, LLC, in this lease transaction. [mepr-show rules=”58038″]Tenant Phone: 520.792.2350[/mepr-show]

INDUSTRIAL – 3455 S. PALO VERDE RD., TUCSON
Arizona Smart Start, LLC leased 1,815-square-feet in the multi-tenant industrial property at 3455 S. Palo Verde. The landlord was represented by Tim Healy and Robert DeLaney of CBRE. [mepr-show rules=”58038″]Asking lease rate: $0.68 – $0.70 SF/MO Modified Gross[/mepr-show]

OFFICE – 100 N. STONE AVE., TUCSON
Richard Bock and Jesse Smith leased a 1,783-square-feet office property at 100 N. Stone Avenue. The landlord was represented by Bruce Suppes and David Volk of CBRE. A[mepr-show rules=”58038″]sking lease rate: $18.00 SF/YR Full Service[/mepr-show]

OFFICE – 100 N. STONE AVE., TUCSON
Ikes Coffee leased 1,468-square-feet of office space at 100 N. Stone Avenue. The landlord was represented by Bruce Suppes and David Volk of CBRE. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service; Tenant Phone: 520.792.1800[/mepr-show]

OFFICE – 1701 W. ST. MARY’S RD., TUCSON
Pasqua Yaqui Tribe leased 1,425-square-feet of medical space at 1701 W. St Mary’s Road. The tenant was represented by Dave Blanchette and Ian Stuart with CBRE. The landlord was represented by Tom Neiman with Cushman Wakefield | PICOR. [mepr-show rules=”58038″]Asking lease rate: $19.00 SF/YR Full Service[/mepr-show]

RETAIL – 3964 N. ORACLE RD., TUCSON
Pizza Hut of Arizona leased a 1,356-square-feet retail property located at 3964 N. Oracle Road. The tenant was represented by Jesse Peron and Peter Villaescusa of CBRE. The landlord was represented by David Carroll of Romano Real Estate.

RETAIL – 902 – 954 W. PRINCE RD., TUCSON
LaborMax Staffing leased 1,300-square-feet in the Del Norte Shopping Center, located at the northwest corner of Prince Rd. and Fairview Ave. in Tucson, from Prince Road Plaza, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $9.00 SF/YR NNN[/mepr-show]

RETAIL – 718 E 46th ST., TUCSON
The Doughnut Peddler leased 1,240-square-feet at 718 E. 46th St. in Tucson, from El Gato Investment Two, LLC.   Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3898 E. GRANT RD., TUCSON
The UPS Store leased 1,200-square-feet in Fry’s Plaza, located at 3898 E. Grant Rd. in Tucson, from Grant and Alvernon Realty Trust.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 10235 E. OLD VAIL RD., TUCSON
Mindy Huyen Bui, Nail File Spa, leased 1,200-square-feet in a planned retail shop building to begin construction in Las Plazas at Old Vail, located at 10235 E. Old Vail Road. The landlord was represented by Jesse Blum and Nancy McClure of CBRE.

OFFICE – 100 N. STONE AVE., TUCSON
Ram Nath, LLC leased 1,172-square-feet of office space at 100 N. Stone Avenue. The landlord was represented by Bruce Suppes and David Volk of CBRE. [mepr-show rules=”58038″]Asking lease rate: $18.00 SF/YR Full Service[/mepr-show]

RETAIL – 7123 E. TANQUE VERDE RD., TUCSON
Yong Ge and Wei Fang leased 1,050-square-feet at 7123 East Tanque Verde Road for ‘A Peace of Touch’, offering reflexology massage and acupuncture services. Dave Hammack of Volk Company represented the Colonia Verde Shopping Center.

RETAIL – 7123 E. TANQUE VERDE RD., TUCSON
The Vape Zone Smokeless, LLC leased 850-square-feet at 7113 East Tanque Verde, Suite 115, for a vape shop. Colonia Verde Shopping Center is located at the northeast corner of Tanque Verde Road and Sabino Canyon Road and is anchored by Safeway, Walgreens, and Ace Hardware. Dave Hammack of Volk Company represented the Colonia Verde Shopping Center. [mepr-show rules=”58038″]Tenant Phone: 520.207.3922[/mepr-show]

OFFICE – 1611 N. WILMOT RD., TUCSON
Adobe Insurance has extended their lease of 731-square-feet at Dorado Park Office Plaza, 1611 N. Wilmot Road, Suite 102A, from Deebco Properties (Landlord).  Andrew Sternberg of Oxford Realty Advisors handled the transaction. [mepr-show rules=”58038″]Tenant Phone: 520.298.2100[/mepr-show]

OFFICE – 4560 E. BROADWAY BLVD., TUCSON
La Luz Properties, LLC leased 139-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suite 225 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.