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Tucson Commercial Lease Report April 15-19, 2024

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  • Tucson Commercial Lease Report April 15-19, 2024
Leases
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April 22, 2024
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Karen Schutte
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TUCSON, ARIZONA (April 22, 2024) -- This week, 33,558 square feet of industrial space at 6221 S. Palo Verde Rd., in Tucson is highlighted. AZ HT Restoration LLC dba Servpro was represented by Paul Hooker, SIOR, and Jesse Blum, SIOR, Industrial Specialists with Cushman & Wakefield | PICOR, and Stephen D. Cohen, Principal, with Cushman & Wakefield | PICOR, represented the landlord.

The following leases were reported to Real Estate Daily News from April 15-19, 2024.

INDUSTRIAL – 6221 S PALO VERDE RD., TUCSON, 85706 – South Submarket
AZ HT Restoration LLC dba Servpro leased 33,558 square feet of industrial space at 6221 S. Palo Verde Rd., in Tucson, from 6221 & 6223 S. Palo Verde Tucson, LLC. Industrial Specialist with Cushman & Wakefield | PICOR handled this transaction. Stephen D. Cohen, Principal, represented the landlord. Paul Hooker, SIOR, Principal, and Jesse Blum, SIOR, Principal, represented the tenant.

RETAIL – 3805 E BROADWAY BLVD., TUCSON, 85716 – Central Submarket
Salad and Go leased a 0.515-acre lot at 3805 E. Broadway Blvd. in Tucson from Volk Vista, LLC and Verde Fast Food LLC. Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR represented the tenant. Kevin Volk and Rick Volk, with Volk Company, represented the landlord.

INDUSTRIAL – 2880 N FLOWING WELLS RD., TUCSON, 85705 – Central Submarket
Trafficade Signs and Sales, LLC leased 6,900 square feet of industrial space at 2880 N. Flowing Wells Rd. in Tucson from Interstate Diesel, Inc. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, and Nicole Thomas with Cushman & Wakefield Chicago represented the tenant.

RETAIL – 7788 E SPEEDWAY BLVD., TUCSON, 85710 – East Submarket
Mako Brazilian Jiu-Jitsu leased 5,324 square feet of retail space at Saguaro Vista, 7788 E. Speedway Blvd. in Tucson, from Saguaro Vista Ventures, LLC. Rob Tomlinson, Principal and Retail Specialist with Cushman & Wakefield | PICOR, and Andy Seleznov represented both parties.

INDUSTRIAL - 4901-5069 E 29TH STREET, TUCSON, 85711 – East Submarket
RecDirect, Inc. leased 4,411 square feet of industrial space at Town Central Business Park, 4901-5069 E. 29th St., Suite 4923, 4925, 4927 E. 29th St in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 1801 S ALVERNON WAY, TUCSON, 85711 – East Submarket
Magic Balloons Boutique, LLC leased 1,200 square feet of retail space at Midpoint Business Plaza, 1801 S. Alvernon Way, Suite 102 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 4021 E GRANT RD., TUCSON, 85712 – Northeast Submarket
Heather Rochelle Western leased 284 square feet of office space at The Hogan Building, 4021 E. Grant Rd., Suite 145 in Tucson from 4023 Investments, Inc. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

RETAIL – 3860 W RIVER RD, MARANA, 85741 – Northwest Submarket
Sprouts has renewed its 27,225-square-foot lease at Marana Marketplace at 3860 W River Rd. in Marana, AZ. Isaac Figueroa with Larsen Baker represented the landlord and handled the transaction.

OFFICE – 7510 N ORACLE RD., TUCSON, 85704 – Northwest Submarket
TMC Medical Network renewed its medical office lease with Pearl Peak LLC for 6,008 square feet at Oracle-Ina Professional Plaza, 7510 N. Oracle Rd., Suite 100, in Tucson. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – CLAREMONT PLAZA, SUITE 232-240, TUCSON, 85710 – East Submarket
Nelson Precision Manufacturing, LLC renewed its lease with Pegasus Tucson Owner LLC for 3,760 square feet of industrial space at Clairemont Plaza, Suite 232-240 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

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