Phoenix Lease Report- March 17-21, 2104

Phoenix Lease Report
Phoenix Lease Report

The following leases were reported by DeRito Partners for the Phoenix Lease Report of the Real Estate Daily News for the Week of March 17 – 21, 2014.

Dollar Tree finalized a 7-year lease for 9,145-square-foot at Anthem Eastside Shops at the northwest corner of Anthem Way and Venture Drive.   Larry Miller and John Jackson of Velocity Retail Group represented the Landlord, DPC Development Company in the transaction.  The tenant was represented by Kurt Kalocin of SRS Real Estate Partners.  The store is planning on opening September 1, 2014.  “Dollar Tree has been seeking a site in the Anthem trade area for some time,” said Miller. “Finding suitable real estate to accommodate their size has been the challenge.  Our Landlord was able to relocate an existing tenant in order to create the space for Dollar Tree,” he added. “By working through our brokerage team at Velocity Retail we were able to creatively find a solution that works for Dollar Tree and our ownership group.  This new tenant brings our center to almost full occupancy,” said Justin Lutgen, Acquisition Manager for DPC Development.  “Dollar Tree will be a great asset to the residents of Anthem for their daily shopping needs,” he added.  Dollar Tree is a discount variety store that sells items for $1.  The company is headquartered in Chesapeake, Virginia and operates over 4,900 stores in the United States and Canada.

The Brezo Group,  dba AZ Sting Basketball, signed a 7 year lease for 12,000 sq/ft of retail space at the W/SWC of Arizona Ave. & Warner in Chandler.  Andrienne Bryant of Bryant Commercial Real Estate represented the tenant the landlord was represented by Palm Court Investments LLC.

Loree Rolnick dba Smart Key Solutions, signed a 3 year lease for 800 sq/ft of retail space at the W/SWC of Baseline & Gilbert in Mesa. Adrienne Bryant of Bryant Commercial Real Estate represented the tenant, L&T Broadway Investments represented the landlord.

Saleh Awawda dba Greenway Smoke, signed a 13 month lease for 1,478 sq/ft of retail space at the W/SWC of 19th Ave. & Camelbacl in Phoenix.  Adrienne Bryant represented the tenant, landlord was represented by Map My Gene, LLC.

Michael Eagan and Jerry Whitmire signed a 6 month lease for 300 sq/ft, of office space, # 214, at the W/SWC of Southern and 1855 E. Southern, Mesa. Adrienne Bryant represented the tenant and the landlord was represented by Freeport Investments, LLC.

Sean Tail signed a 11 month lease for 1500 sq/ft, of office space, # C140, at the NEC of 27th St. & T2720 E. Thomas Road, Phoenix. Adrienne Bryant represented the tenant and the landlord was represented by Freeport Investments, LLC.

Father’s Inc. dba Metro PSC leased 1387 sq/ft, of retail space at the W/NWC of 19th Ave. & Ste. 102, Phoenix.  Adrienne Bryant represented the tenant, the landlord was represented by Map My Gene, LLC c/o CR Property Services.

Venessa Villagomez leased 2500 sq/ft of office space, #C160, at the W/NWC of 27th St. & T2720 E. Thomas Rd., Phoenix.  Adrienne Bryant represented the tenant, the landlord was represented by Freeport Investments, LLC.

Email your sales and lease to REDailyNews@outlook.com




TUCSON LEASE REPORT – NOVEMBER 11-15, 2013

Real Estate Daily News INDUSTRIAL – 2106 N. FORBES, TUCSON
APX International, Inc. leased 20,078-square-feet at 2106 N. Forbes, Suite 101 & 102 in Tucson from MRI Saddlehorn Investment Fund II, LLC. Asian Pacific Express was established in 1990 and has extensive experience in a shipping to companies in U.K, US, Dubai the Far East & to every corner of the world. Rob Glaser, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 2404 S. HARRISON ROAD, TUCSON
Dollar Tree has signed a new lease on 8,512 square-feet space in the Harrison Plaza at 2404 S. Harrison Rd., Tucson, at the corner of Golf Links Road and Harrison Road. Tenants in the center include; Big Lots, O’Reilly Auto Parts, and Losbetos Mexican Restaurant. Dollar Tree plans to open in early 2014. Kurt Kalocin with SRS Real Estate Partners of Phoenix represented the tenant. [mepr-show rules=”58038″]Asking rate: $12/SF/NNN[/mepr-show]

RETAIL- 2071 E. IRVINGTON ROAD, TUCSON
Casa Mazatlan of Tucson, LLC leased 4,791 square-feet at The Kino Gateway Fry’s Center 2071 E. Irvington Rd., Tucson, at the corner of Campbell and Irvington in Tucson from Monterey Water Company. Casa Mazatlan of Tucson is w well established pawnbroker in Tucson. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant phone: 520-741-2005 $21 /SF/Year NNN[/mepr-show]

OFFICE / SHOWROOM– 1951 W. GRANT RD., TUCSON
Kachina Business Solutions, an Image 2000 Company, leased 3,883 square-feet at 1951 W. Grant Road, Suite 180 in Tucson from Wright and Case Holdings, LLC. Kachina provides a complete line of Copiers & Copier Supplies, Fax Equipment & Systems. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant and David Carroll with Romano Real Estate represented the landlord. [mepr-show rules=”58038″]Tenant contact: (520) 571-0888. $6.36 – $7.80 /SF/Year[/mepr-show]

INDUSTRIAL – 3441 S. PALO VERDE, TUCSON
City Electric has renewed their lease of 3,500 square-feet at 3441 S. Palo Verde, Suite 125 in Tucson from Stephens-Palo Verde Tucson, LLC. City Electric is a provider of Electric equipment and supplies. Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant phone – 520-747-7400. Asking rate: $7.80/SF/ IG[/mepr-show]

RETAIL – 3701 E. GRANT RD., TUCSON
Friendly Market leased the 3,456 square-foot former 7-11 Store 3701 E. Grant Rd., Tucson at the corner of Grant and Dodge in Tucson from Maud Trust. Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR represented the landlord and tenant in this transaction. [mepr-show rules=”58038″]Asking rate: $13/SF/NNN[/mepr-show]

RETAIL – 3640 S. CAMPBELL AVE., TUCSON
Filta Environmental Kitchen Solutions leased 2,500 square-feet at 3640 S. Campbell Ave, Unit 1 in Tucson from Strauss Revocable Living Trust. Since 1996, Filta has been providing cooking oil micro filtration service around the world to restaurants and other food establishments. Filta’s “Green” services naturally preserve the environment by extending the life of cooking oil with the FiltaFry service, turning waste cooking oil into biodiesel with FiltaBio and reducing energy consumption and food waste with FiltaCool. Filta services over 5,000 customers every week and has recycled over 1/3 billion pounds of oil… and counting. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represent the landlord. [mepr-show rules=”58038″]Tenant phone- 520-200-8467[/mepr-show]

INDUSTRIAL – 3640 S. CAMPBELL AVE., TUCSON
Swisher Hygiene USA Operations, Inc. leased 2,500 square feet at 3640 S. Campbell Ave., Unit 2 in Tucson from Strauss Revocable Living Trust. Swisher Hygiene is a provider of hygiene and sanitation products and services for commercial environments. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Sam McGill with Grant Street Associates represented the tenant. [mepr-show rules=”58038″]Tenant phone: (520) 624-4580[/mepr-show]

RETAIL – 2761 N. STONE AVE., TUCSON
Mort Kranitz Automotive Sales and Service, LLC. leased 1,926 square-feet at 2761 N. Stone Avenue in Tucson, Arizona from Wholesale Auto Exchange, Inc. Greg Furrier, Principal and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the landlord and the tenant. [mepr-show rules=”58038″]Tenant phone: 520-327-3555[/mepr-show]

RETAIL – 1200 E. AJO, TUCSON
Witt Company leased 1,732 square-feet at 1200 E. Ajo, Suite 109 in Tucson from Ajo/Evans Business Park, LLC. Witt Company’s lines of printers produce documents at speeds up to 150 pages per minute with monthly duty cycles reaching 500,000 pages per month. From your desktop to the production line or an entire print fleet. Steve Cohen and Russ Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR represented the tenant and Pat Welchert, SIOR, Industrial Specialist and Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord. [mepr-show rules=”58038″]Tenant Call 1-800-777-0852. $0.42 – $0.50/ SF/month NNN[/mepr-show]

RETAIL – 220 E. 27th ST., TUCSON
Tom Harrison leased 1,500-square-feet at 220 E. 27th Street, Suite F in Tucson from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 6506 E. 22nd ST., TUCSON
Filipino American Christian Fellowship of Tucson leased 1,075-square-feet at 6506 E. 22nd Street in Tucson from Tierra Del Sol Commercial Center, LLC. Filipino American Christian Fellowship is a Christian Church that embraces all for Christ regardless of religious affiliation, ethnicity, and race. Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 4280 N CAMPBELL AVE., TUCSON
Rowland Alexander, LLC, leased 1,158-square-feet at the St. Philip’s Plaza, 4280 N. Campbell Ave., from St. Philip’s Plaza, LLC. Andrew Sternberg of Oxford Realty Advisors handled the transaction. Robert Rowland and Lisa Alexander focus in preparation of back taxes, a locally-owned and operated CPA firm and tax preparer. They will be relocating from their current office at 1661 N Swan Road. [mepr-show rules=”58038″]Tenant phone: (520) 319-0077[/mepr-show]

RETAIL – 621 N. GRAND AVE., TUCSON
TAP Royal leased 500-square-feet at 621 N. Grand Avenue, Suite D in Nogales from Angel Mendoza. Tap Royal, a consumer transportation bus company, started operating in 2012, in the United States in the states of Arizona and Nevada. It also operating in nine states of Mexico where the brand is well known. Since opening Tap Royal has offered a new way to travel to USA and Mexico, with competitive advantages that distinguish them from other competitors by offering late-model units, specific facilities, ticketing system using computer system that uses more than 50 outlets. Denisse Angulo, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. [mepr-show rules=”58038″]Tenant phone: (602) 380-3073[/mepr-show]

The Tucson Lease Report is published weekly, to submit lease transactions email REDailyNews@outlook.com

Real Estate Daily News is sponsored by Stewart Title and Trust – The only title company named one of

“AMERICA’S MOST TRUSTWORTHY COMPANIES” in 2012 by Forbes®.

Contact Stewart Title & Trust of Tucson at (520) 327-7373 for your next closing.




Phoenix Lease Deals Reports Nov 11 – 15, 2013

Real Estate Daily NewsPhoenix lease deals are listed in descending order for square-feet:

Isy Sonabend of NAI Horizon represented the landlord, SB Management, in a two-year industrial lease renewal for a 14,557-square-foot space at 54 N. 45th Ave. in Phoenix.

SRS Real Estate Partners announced that Dollar Tree has signed two new Phoenix leases and a third in Tucson. (see Tucson lease report for third lease)

The first new location is a 10,865-square-foot space at Squaw Peak Plaza located at the NEC of Thomas Road and State Route 51 in Phoenix. Other tenants include; Steven’s Shoes and Douglas Barber Shop. Dollar Tree plans to open in early 2014. The second new location is an 8,000-square-foot space at Gilbert Gateway Towne Center located at the southwest corner of the San Tan Freeway and Power Road in Gilbert. The Target anchored shopping center includes; Michael’s, Ross, Chase, Petsmart and Sweet Tomatoes. Dollar Tree plans to open in early 2014. Kurt Kalocin with SRS Real Estate Partners represented the tenant, Dollar Tree in these transactions. Brian Woods and Tom Woods with Collier’s International represented the Landlord, Vestar, in the Gilbert Gateway Towne Center transaction. Regan Amato and Tyler Chester with Phoenix Commercial Advisors represented the landlord, Kornwasser Shopping Centers, in the Squaw Peak Plaza transaction.

Chris Gerow, Shelby Tworek, and Gabe Ortega of NAI Horizon represented the tenant, Three Fingers, LLC, in a 120-month retail lease transaction for 5,000-square-feet at 1035 W. Queen Creek Rd. in Chandler. Torrey Briegel with Phoenix Commercial Advisors represented the landlord, The Falls Investors, LLC.

Dance Studio C leased 4,060-square-feet at McKellips Lindsay Center located at 2860 E. McKellips Road in Mesa. Michael Gaida of Sperry Van Ness represented the landlord in the transaction. Darin Edwards of CPI represented the tenant.

Richard Mackay of Rein & Grossoehme represented the Landlord and Carol Asnen of RE/MAX represented the tenant in a lease for 3,450-square-feet in Plaza 47 Shopping Center to Truth Ministry Church. The location of the property is 6610 N. 47th Avenue in Glendale, AZ.  .  The owner of the center is R&G 47th Avenue LLC.

Mike Myrick and Alexandra Loye of NAI Horizon represented the landlord, Donald G. Lyon Family Trust, in a 65-month office lease transaction for a 2,607-square-foot space at 1553 W. Todd Dr. in Tempe. Ron Moore with Rimrock Companies represented the tenant, Arizona Resource Specialists, LLC.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, EBO Investments, LLC, in a five-year retail lease transaction for a 2,470-square-foot space at 1809 N. Dysart Rd. in Avondale.

Jake Ertle of Rein & Grossoehme Commercial Real Estate represented the Landlord and Bryan Lamond represented the Tenant in a lease for 2,400-square-feet at 4029 N. 28th Avenue in Phoenix, AZ to Lenny’s Burgers. The Landlord is Enayat Abrishami.

Chris Gerow, Shelby Tworek and Gabe Ortega of NAI Horizon represented the tenant, Delia’s Cleaners of Arizona, Inc., in a seven-year retail lease transaction for a 2,302-square-foot space at 9920 S. Rural Rd. in Tempe. Joe Doucett with GDC/RE represented the landlord, SY Warner Ranch, LLC.

Justin Horwitz and Nicole Ridberg of Sperry Van Ness represented the landlord at Ventura Gateway to lease 2,287-square-feet to the SOLIS Group. Ventura Gateway is located at 8687 E. Via De Ventura in Scottsdale. Nathan Wade of 22Back represented the tenant.

Jennifer Keeler of NAI Horizon represented the landlord, West Florence Holdings, LLC, in a 60-month retail lease transaction for 2,000-square-feet at 1609 E. Florence Blvd. in Casa Grande.

Peggy Johnson of NAI Horizon represented the landlord, JTR Casa Real, LLC, in a 14-month retail lease transaction for a 1,784-square-foot space at 3302 N. 3rd St. in Phoenix.

Mary Ridberg and Rommie Mojahed of Sperry Van Ness represented the landlord at 8th Avenue Shops in Mesa to lease 1,307-square-feet to Herbalife. This neighborhood retail center is located at 810 S. Alma School Road.  Michael Hashim of AZ Prime Real Estate represented the tenant.

Peggy Johnson represented the landlord, Alice Avenue, LLC, in a 50-month office lease transaction for 1,156-square-feet at 1130 E. Missouri Ave. in Phoenix. Debbie Cato with Diamond Properties represented the tenant, Artplay, LLC.

Jared Lively of Rein & Grossoehme represented the owner and the tenant on a lease for 880-square-feet in Kings Inn Plaza to Matt’s Multimedia.  The location of the property is 10659 W. Grand Ave in Sun City, AZ.  The owner of the center is Kings Inn Plaza, LLC.

Phoenix Lease deals are reported weekly. To submit sales and leases email REDailyNews@outlook.com.

Real Estate Daily News is sponsored by Stewart Title and Trust – The only title company named one of

“AMERICA’S MOST TRUSTWORTHY COMPANIES” in 2012 by Forbes®.

Contact Stewart Title & Trust of Tucson at (520) 327-7373 for your next closing.