Tucson Lease Report January 4-8, 2021

Highlighted this week is 25,008-square-feet of industrial space leased to Goodwill Industries, and handled by Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR,

The following leases have been submitted to the Real Estate Daily News for the Tucson Lease Report from January 4-8, 2021.

INDUSTRIAL – 2000 E SILVERLAKE RD., TUCSON
Goodwill Industries of Southern Arizona leased 25,008-square-feet of industrial space located at 2000 E. Silverlake Rd., in Tucson, from Cherrylake Partners, LLC.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1671 S RESEARCH LOOP, TUCSON
Arete Associates, Inc. leased 21,000-square-feet of industrial space in Research Plaza, 1671 S. Research Loop, Suite 100 in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Robert Davis with Tango Commercial Real Estate, represented the tenant.

RETAIL – 6872 E SUNRISE DR., STE 130, TUCSON
Mark Sublette Medicine Man Gallery, Inc. renewed their lease with EREP Ventana II, LLC for 6,444-square-feet of retail space located in Ventana Village, 6872 E. Sunrise Dr., Suite 130 in Tucson.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 2175 E VALENCIA RD., STE. 185, TUCSON
Titan Laboratories Tucson, LLC leased 5,200-square-feet of industrial space in Valencia Business Park, 2175 E. Valencia Rd., Suite 185 in Tucson, from RAGA, LLC.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Rick Borane with Volk Company, represented the tenant.

INDUSTRIAL – 1674 S RESEARCH LOOP, STE. 430, TUCSON
ASM Systems, LLC leased 4,560-square-feet of industrial space in Clairemont Plaza, 1674 S. Research Loop, Suite 430 in Tucson, from Clairemont Partners, LLC.  Robert C. Glaser, SIOR, CCIM, Principal, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 4501-4525 E 22ND ST., STE. 4507, TUCSON
Jesus Barrera leased 2,800-square-feet of retail space from RRN, Inc., located in 22nd Street Center, 4501-4525 E. 22nd St., Suite 4507 in Tucson.   Max Fisher, Industrial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

INDUSTRIAL – 2420 W RUTHRAUFF RD., STE 160, TUCSON
Arizona Optical Metrology, LLC leased 2,635-square-feet of industrial space in Ruthrauff Commerce Center, 2420 W. Ruthrauff Rd., Suite 160 in Tucson, from Ruthrauff Partners, LLC.  Robert C. Glaser, SIOR, CCIM, Principal, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 3127 E 22ND ST., TUCSON
Thriveworks leased 1,709-square-feet of office space in Miramonte Plaza, 3127 E. 2nd St. in Tucson, from AGARE, LLC. Molly Mary Gilbert and Brandon Rodgers, SIOR, CCIM, with Cushman & Wakefield | PICOR, represented the landlord.  Bruce Suppes and Ian Stuart with CBRE, represented the tenant in this transaction.

OFFICE – EL DORADO SQUARE, 1200 N EL DORADO PL., STE E-500, TUCSON
Eric D. Sonderer, M.D., renewed his lease with El Dorado Ventures, LLC for 1,380-square-feet  of office space located in El Dorado Square, 1200 N. El Dorado Pl., Suite E-500 in Tucson.  Thomas J. Nieman, Principal, and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5627 E 22ND ST., TUCSON
Augustine Okihiel leased 1,200-square-feet of retail space located at 5627 E. 22nd St. in Tucson, from Robert Grunstein.  Ramiro Scavo, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 3433 E FORT LOWELL RD., STE. 103, TUCSON
Marvalous Hair Studio, LLC leased 1,150-square-feet of retail space from S & N Properties, LLC, located at 3433 E. Fort Lowell Rd., Suite 103 in Tucson.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. David Volk with CBRE, represented the landlord.

INDUSTRIAL – 3860 S PALO VERDE RD., STE 312, TUCSON
Redline Tools, LLC leased 1,120-square-feet of industrial space in Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 312 in Tucson, from Palo Verde Trust Partners, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4099 E 22ND ST., STE. 109, TUCSON
Hospitality Staffing Solutions, LLC leased 992-square-feet of office space from Rinly R. Gecosala, MD, PC, located at 4099 E. 22nd St., Suite 109 in Tucson. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

OFFICE – 17 W WETMORE RD., STE. 101, TUCSON
Premier Aviation, LLC leased 608-square-feet of office space from Coronado Tower Tucson, LLC, located at 17 W. Wetmore Rd., Suite 101 in Tucson.  Thomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. John Hamner and Julian Willetts with Re/Max Excalibur, represented the tenant.

Submit sales and lease to REDailyNews@outlook.com




Investor & Small Businesses Find New Retail Space in Tucson

11011 E Tanque Verde Road, Tucson
11011 E Tanque Verde Road, Tucson

Arizona Ironwood, LLC of Tucson (Robert Bradley, owner) purchased the former Desert Garden Nursery and Cafe at 11011 E Tanque Verde Road in Tucson for $287,500 ($160 PSF). The Company needed expansion room for its specialized market serving mostly out of state and European customers with exotic wood products specialized for wood working.

The new retail space offers the opportunity for the company to get closer to the community, and offer only more items with a variety of wood working classes to the public. With over 27 years of wood working experience, the company has set the standard for the finest quality and rarest burl blanks and will maintain 2000 types of unique items at its new location including Arizona Desert Ironwood and Stabilized woods.

The founder and President, Robert Bradley, has been milling exotic woods since 1988. He began his career at Desert Hardwood Industries in Vail, AZ while completing his Bachelors degree at the University of Arizona and UOP, and Masters Degree at Thunderbird School of Global Management. Robert worked as a chemical engineer for MARS Technologies and has experience with various stabilizing methods.

Jack Marek with Tucson Arizona Real Estate in Tucson represented the seller, Mesquite Sunset Properties, LLC of Tucson (Ira Sra, manager) and Rosemary Lacy with Long Realty in Tucson represented the buyer.

For additional information, Marek can be contacted at 520.795.2500 and Lacy can be reached at 520.577.7400. To learn more about this transaction, login to see RED Comp #2894.

Arizona Ironwood can also be called at 520.647.3453 and on its website https://shop.arizonaironwood.com/ to learn more about this unique Tucson business.

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3530 S 6th Ave, Tucson
3530 S 6th Ave, Tucson

The former Maria’s Café at 3530-3538 S 6th Avenue in Tucson sold to Lucatero Enterprise, LLC of Tucson (Rosa Lucatero, manager) for $220,000 ($38 PSF). The 3,730-square-foot restaurant (built 1955) and also a rental house (built 1958) are located on a 26,146-square-foot lot in front of the Southern Arizona VA Health Care Complex. The new restaurant will be owner operated as Carnitas Layoca.

Juan Teran, CCIM, with Chapman Lindsey Commercial Real Estate Services in Tucson represented the buyer in the transaction and Susan Ong with Broadstone Commercial Real Estate in Tucson represented the seller, Franklin and Margaret Gee Trust of San Francisco.

For more information, Teran can be reached at 520.747.4000 x 104 and Ong can be contacted at 520.623.8111. To learn more, login to see RED Comp #2952.

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234-248 E 22md Street
234-248 E 22nd Street, Tucson

Juan Teran, CCIM, also represented the seller, Hacienda De Sirupa, LLC of Tucson (Carlos Portillo, manager) in the sale of 234-248 E 22nd Street in Tucson. The 9,500-square-foot retail space in two 4,500-square-foot buildings (built 1958 and 1968) on a 28,000-square-foot lot was vacant and sold for $182,500 ($19.21 PSF). La Buena 4th LLC of Tucson (Ron Schwabe, manager) is the investor and plans to remodel the premises for lease.

The property is on a signalized corner at the SWC 22nd Street & 4th Avenue – high traffic and high population trade area. Formerly used as a restaurant and tortilla factory, the property can be demised to accommodate 3-4 separate tenants with frontage on 22nd Street and 4th Avenue.

For more information Teran should be contacted at Chapman Lindsey Commercial Real Estate Services at 520.747.4000 x 104 and Chris Sauer with Peach Properties who represented the buyer can be reached at 520.798.3331. To learn more, login to see RED Comp #2971.