Tucson Lease Report May 14-19, 2018

Tucson Lease Report May 14-19, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 14-19, 2018.

OFFICE – 2102 N. FORBES BLVD., TUCSON
Mettler–Toledo Thorton, Inc. renewed their lease for 8,050-square-feet at 2102 N. Forbes Blvd., Suites 103-107 in Tucson, from East Park VI Holding Company, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord; Jesse Blum with CBRE, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone : 520.792.0780[/mepr-show]

RETAIL – 1951 W. GRANT RD., TUCSON
Ironwood Gastroenterology, PLLC and Rehan Iftikhar, PLLC expanded their leasehold for an additional 3,883-square-feet at 1951 W. Grant Rd., Suites 150 and 160 in Tucson, from Wright and Case Holdings, LLC. This expansion brings the total square feet for the gastroenterology practice to 10,657 square feet. Rob Tomlinson, Retail Specialist, and Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord; Esther Empens with Tierra Antigua Realty, LLC, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.624.4342[/mepr-show]

RETAIL – MISSION RD. and AJO WAY, TUCSON
Jack in the Box will construct and lease a 2,600-square-foot restaurant located at Mission Rd. and Ajo Way in Park View Plaza,.  Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented Jack in the Box in this transaction; Richard Volk represented the landlord.

OFFICE – 5151 E. BROADWAY BLVD., TUCSON
Acorn Associates Architecture, Ltd. renewed their lease for 1,837-square-feet of office space at 5151 E. Broadway Blvd., Suite 1050 in Tucson, from Kent Circle Partners.  Tom Nieman and Rick Kleiner, MBA, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 881.0731[/mepr-show]

INDUSTRIAL – 2341 S. FRIEBUS AVE., TUCSON
The Facilities Company, LLC leased 1,725-square-feet at 2341 S. Friebus Ave., Suite 13 in Tucson, from Friebus Investors, LLC.  Rob Glaser, SIOR, CCIM, and Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.290.9313[/mepr-show]

RETAIL – 5526 E. GRANT RD., TUCSON
La Botana Grill has signed a lease for 1,693-square-feet at 5526 E. Grant Road, Tucson, AZ in the Ross anchored retail center at the southeast corner of Grant and Craycroft Roads. La Botana Grill plans to relocate their existing Mexican restaurant at 3200 N. 1st Ave. The new restaurant is estimated to open July 1, 2018.  Craig Finfrock of Commercial Retail Advisors, LLC represented the Tenant, La Botana Grill, and the Landlord, Maqsood and Sabrina Enterprises, LLC, was represented by Robert Nolan of Oxford Realty. [mepr-show rules=”58038″]Tenant Phone: 520.777.8801[/mepr-show]

RETAIL – SE CORNER of ORANGE GROVE and RIVER RD., TUCSON
Jimmy’s Pita & Poke has leased a 1,300-square-feet space at Marana Marketplace, located at the SE corner of Orange Grove Rd. and River Rd. The Premises will be used as a pita and poke restaurant and for the sale of related products. They are scheduled to open for business September 2018.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Frank Arrota, of Tucson Realty and Trust, represented the Tenant. [mepr-show rules=”58038″]Tenant Phone: 520.882.7482[/mepr-show]

RETAIL – NEC of BROADWAY BLVD and HARRISON RD., TUCSON
H&R Block Enterprises, LLC renewed their lease for 1,200-square-feet in the Broadway Albertson’s Center, located at the NEC of Broadway Blvd. and Harrison Rd. in Tucson, from Grabbert Ranch, Inc.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3553 S. 12th AVE., TUCSON
Jose Corral and Concepcion Leon leased 1,200-square-feet in Plaza Azteca, 3553 S. 12th Ave., Suite 173 in Tucson, from NAI Investments, LLC.  Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR Modified Gross[/mepr-show]

RETAIL – 4444 E. GRANT RD., TUCSON
3 Wishes Tattoo and Supply Company, LLC leased 1,200-square-feet in Grant Square, 4444 E. Grant Rd., Suite 121 in Tucson, from Kolvoord Family Limited Partnership.  Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord; Hilda Ramirez with HomeSmart, represented the tenant.  [mepr-show rules=”58038″]Asking lease rate: $10.00 – $17.00 SF/YR NNN; Tenant Phone: 520.347.7956[/mepr-show]

RETAIL – 6330 N. CAMPBELL AVE., TUCSON
The Ballet of Conservatory Dance Music and Art, LLC expanded their leasehold for an additional 1,189-square-feet at 6330 N. Campbell Ave., Suite 110 in Tucson, from HRA Paloma Village, LP. This expansion brings the total square feet for the studio to 5,247 square feet. Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.770.7827[/mepr-show]

OFFICE – 5403 E. PIMA ST., TUCSON
Allan Goddard – Farmers Insurance, leased 1,129-square-feet at 5403 E. Pima St. in Tucson, from DBR Investment Properties, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Bruce Suppes with CBRE, represented the tenant.

RETAIL – 4444 E. GRANT RD., TUCSON
Ai-Yun and Mei-Ying Fang leased 1,080-square-feet in Grant Square, 4444 E. Grant Rd., Suite 104 in Tucson, from Kolvoord Family Limited Partnership. Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord; Daniel Yan and Chris Tsighis with Coldwell Banker, represented the tenant.[mepr-show rules=”58038″] Asking lease rate: $10.00 – $17.00 SF/YR NNN[/mepr-show]

RETAIL – SWC of SPEEDWAY BLVD. and WILMOT RD., TUCSON
True Collectors, a vintage toy store, leased 950-square-feet in Monterey Village Shopping Center, located at the SWC of Speedway Blvd. and Wilmot Rd. in Tucson, from Monterey Village, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3955 E. SPEEDWAY BLVD., TUCSON
Presidio Hair and Nails leased 900-square-feet in Central Point Business Plaza, 3955 E. Speedway, Suite 107 in Tucson, from Central Point Tucson, LLC.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4560 E. BROADWAY BLVD., TUCSON
Hairdoer Studio, LLC leased 425-square-feet of office space in Midstar Plaza, 4560 E. Broadway Blvd., Suites 229-230 in Tucson, from Midstar Partners, LLC. Isaac Figueroa, Office and Investment Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 1200 N EL DORADO PL, TUCSON
Monier Insurance leased 275-square-feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite D-430 in Tucson, from El Dorado Ventures, LLC. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord; Mark Monier, Monier Realty & Insurance, represented the tenant in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.721.6711[/mepr-show]

RETAIL – SE CORNER of BROADWAY BLVD. and KOLB RD., TUCSON
Big D Flooring has renewed their lease for an additional 5-years at Circle Plaza Shopping Center, located on the SE corner of Broadway Blvd. and Kolb Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Tenant Phone: 520.624.2225[/mepr-show]

RETAIL – SE CORNER of SPEEDWAY BLVD and PANTANO RD., TUCSON
SW Motor Vehicle has renewed their lease for an additional 5-years at Speedway Pantano Square, located on the SE corner of Speedway Blvd. and Pantano Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Tenant Phone: 520.722.2006[/mepr-show]

RETAIL – SE CORNER of BROADWAY BLVD. and KOLB RD., TUCSON
Big D Flooring has renewed their lease for an additional 5-years at Circle Plaza Shopping Center, located on the SE corner of Broadway Blvd. and Kolb Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Tenant Phone: 520.624.2225[/mepr-show]

RETAIL – SE CORNER of SPEEDWAY BLVD and PANTANO RD., TUCSON
SW Motor Vehicle has renewed their lease for an additional 5-years at Speedway Pantano Square, located on the SE corner of Speedway Blvd. and Pantano Rd. Andy Seleznov and Melissa Lal of Larsen Baker represented the Landlord. [mepr-show rules=”58038″]Tenant Phone: 520.722.2006[/mepr-show]

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Tucson Lease Report Sept. 4-8, 2017

Tucson Lease report 3-13-16
Tucson Lease Report Sept. 4-8, 2017

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Sept. 4 thru 8, 2017.

OFFICE – 4400 E. BROADWAY BLVD., TUCSON
Envestnet Asset Management, Inc., leased approximately 2,575-square-feet of office space located at 4400 E. Broadway Boulevard, Suite 705, Tucson, Arizona, from 4400 Broadway, LLC. Michael Gross of Tucson Realty & Trust Co. represented the Landlord and John Ferguson of Golub & Company, LLC, represented the Tenant in the transaction.

RETAIL – 7575 W. TWIN PEAKS RD., MARANA
Twin Peaks Pizza has leased 1,448-square-feet of restaurant space at 7575 W. Twin Peaks, Suite 121, Marana, Arizona, in Twin Peaks Plaza at the southeast corner of Twin Peaks Rd. and Coachline Blvd. Ted Fisher opened his first restaurant, Dominick’s Real Italian Food, in Cortaro Plaza in 2013. His new pizzeria will have a full menu and specializes in pastas, salads, calzones, and pizza.  Craig Finfrock of Commercial Retail Advisors, LLC represented Twin Peaks Pizza, and the Landlord, 7575 W Twin Peaks, LLC, was represented by Gary Heinfeld of Advisors in Real Estate. [mepr-show rules=”58038″]Asking lease rate: $15.00 – $18.00 SF/YR NNN[/mepr-show]

OFFICE – 5656 E. GRANT RD., TUCSON
First Insurance Group, Inc. has leased a 990-square-foot space at 5656 E. Grant Rd., located on Grant Rd. just east of Craycroft Rd. The Premises will be used an insurance office offering individual insurance and retirement planning needs. They are scheduled to open for business October 2017.  Andy Seleznov and Melissa Lal represented the Landlord, Larsen Baker, while Barbara McGill, of Tierra Antigua Realty, represented the Tenant.

RETAIL – 2843 N. CAMPBELL AVE, TUCSON
Nate Woiwode, dba Blue Dog Bicycles, leased 700-square-feet at 2843 North Campbell Avenue, Suite 102, Jeramy Price of Volk Company represented the landlord, Valley Rug Gallery LLC and 1st Investments LLC.

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Zanya Mediterranean Restaurant Buys Molina’s Midway Building in Tucson to Relocate

1138 N Belvedere Ave., Tucson, AZ

TUCSON, Arizona — HA Arizona Properties of Tucson (Riad Altoubal, manager) has purchased the former Molina’s Restaurant at 1138 N Belvedere Ave. in Tucson for $429,500 ($79 PSF) to be owner occupy for expansion and relocation of Zayna Mediterranean Restaurant. Zayna, a popular local spot, specializes in Lebanese and Syrian dishes.

Currently located in a smaller leased space at 4122 E. Speedway, the buyer was attracted to the new location for the addition space and parking that is offers.  With four large dining rooms and enough seating for 200 people, the new restaurant is significantly larger than Zayna’s current location inside what used to be Feast.

Molina’s restaurant which closed in May had occupied the premises for 64 years.

Esther Empens with Tierra Antigua Realty represented the buyer and Michael Laatrsch with CBRE Tucson represented the seller, La Familia Restaurants LLC and Los Cinco Hermanos LLC of Tucson.

The purchase was made possible with an SBA loan. Opening date at new location is anticipated by this Fall.

For more information, Empens can be reached at 520.271.5585 and Laatsch should be contacted at 520.323.5191.

To learn more, see RED Comp #4890 and for more listing such as this go to RED Listing Registry.