Tucson Commercial Lease Report, August 19-23, 2024

TUCSON, ARIZONA (August 26, 2024 )– Two large retail leases are highlighted this week. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR leased a new seasonal retail space to Spirit Halloween for 33,630 square feet in the former Bed Bath & Beyond space at 6310 N Oracle Rd in Tucson. Burlington also leased a 21,580-square-foot space at 7160 E Broadway Blvd. that was handled by Isaac Figueroa with Larsen Baker and Mike Polacheck with SRS Real Estate Partners

The following leases were reported to Real Estate Daily News from Aug. 19 – 23, 2024.

RETAIL – 6310 N ORACLE RD., TUCSON, 85704 – Northwest Submarket
Spirit Halloween Superstores, LLC leased 33,630 square feet of retail space at Oracle Plaza, 6310 N. Oracle Rd. in Tucson, the former Bed Bath & Beyond from Oracle Plaza, LLC. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 7160 E BROADWAY BLVD., TUCSON, 85711 – East Submarket
Burlington, a national discount retailer offering low prices daily on brand-name merchandise for the entire family and home, has leased 21,580 square feet of junior anchor space at the Circle Plaza Shopping Center, 7160 E Broadway Blvd. They anticipate opening by the Fall of 2025. Isaac Figueroa, CCIM, SIOR, with Larsen Baker, represented the landlord, and Mike Polacheck, with SRS Real Estate Partners, represented the tenant.

INDUSTRIAL – 2165 N FORBES BLVD., TUCSON, 85745 – West Submarket
Performance Windows leased 6,098 square feet of industrial space at Broadbent Interstate Center, 2165 N. Forbes Blvd., Suite 105 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 2085-2397 E FRY BLVD., COCHISE PLAZA, SIERRA VISTA, 85635 – Cochise County
Larsen Baker is pleased to announce two new leases at Cochise Plaza. Allo Arizona, LLC dba ALLO Fiber has leased 5,423 square feet of office space, and Vital Forge, LLC has leased 1,050 sf of office space. Elaina Carbo, CCIM and Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the Landlord and handled these transactions.

INDUSTRIAL – 1627 W GRANT RD., TUCSON, 85745 – West Submarket
Tucson Mattress Factory LLC leased 3,600 square feet of office/warehouse at 1627 W Grant in Grant Road Business Park, from Rodgers-Hoge Partners. Max Fisher, BRD Realty handled this transaction.

RETAIL – 3400 E SPEEDWAY BLVD., TUCSON, 85716 – Central Submarket
HotWorx has leased a 1,950-square-foot inline space at the Rancho Center, 3400 E Speedway Blvd. Suite 116 & 118 in Tucson, AZ. HotWorx, with its 24-hour infrared saunas, will feature a hot exercise studio that will include virtual instruction classes and high-intensity interval training sessions. They will also sell some fitness-related products. Isaac Figueroa, CCIM, SIOR, with Larsen Baker, represented the landlord, Ashley Miller and Thomas Sargent of Morrow Hill, LLC, and Bang Realty represented the tenant.

OFFICE – 1661 N SWAN RD., TUCSON, 85712 – Northeast Submarket
Hock Bratcher Inc. leased 1,820 square feet of office space at The Smart Building, 1661 N. Swan Rd., Suite 238 in Tucson, from DHS Property Investments, Ltd. Partnership. Ryan McGregor and Thomas J. Nieman, Principal, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 6894 N CAMINO MARTIN, MARANA, 85741 – Northwest Submarket
Connect Logistics leased 1,500 square feet of office/warehouse at 6894 N Camino Martin Suite 100 from Camino Martin Partners II LLC. Max Fisher, BRD Realty, handled this transaction.

INDUSTRIAL – 3631 E 44^TH ST., TUCSON, 85713 – South Submarket
Tucson Auto Services, LLC leased 1,441 square feet of industrial space at South Dodge Business Center, 3631 E. 44th St., Suite 175 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1870 W PRINCE RD., TUCSON, 85705 – Central Submarket
SG International LLC leased 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite 31 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented the tenant.

RETAIL – NEC CAMPBELL & GLENN, TUCSON, 85719 – Central Submarket
Snowdrop Korean Shaved Ice leased 1,200 square feet of retail space at Campbell Plaza, NEC Campbell & Glenn, in Tucson, from DSW IREIF Tucson Retail Owner, LLC. Dave Hammack, Greg Furrier, and Natalie Furrier with Cushman & Wakefield | PICOR, represented the landlord.  Kristy Kelley with Long Realty Company represented the tenant.

RETAIL – 8275 N SILVERBELL RD., TUCSON, 85743 – Northwest Submarket
Tucson Wellness leased 1,200 square feet of retail space at Continental Ranch II, 8275 N. Silverbell Rd., Suite 117 in Tucson, from Jeff and Staci Rubie Revocable Trust. Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Gary Heinfeld, with Advisors in Real Estate, Inc., represented the landlord.

OFFICE – 622 N COUNTRY CLUB RD. TUCSON, 85716 – Central Submarket
True Potential, PLLC leased 1,050 square feet of office space at Country Club Business Center, 622 N. Country Club Rd., Suite A in Tucson, from H26ONE LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 2968 W INA RD., TUCSON, 85741 – NorthwestSubmarket
Fox Nutrition, LLC has leased the 900-square-foot retail space at 2968 W Ina Rd, the retail center known as Heritage Plaza, located on the NWC of Ina and Shannon, anchored by LA Fitness and Goodwill. The Premises will be used as a health food shop offering smoothies and meal replacements and a health recovery center offering cold therapy, sauna, and red-light therapy. Isaac Figueroa, CCIM, SIOR, with Larsen Baker, represented the landlord, Alturas Heritage Plaza, LLC, and Eric Hutchens, with Hutch Companies, represented the tenant.

RENEWAL

INDUSTRIAL – 1684 S RESEARCH LOOP, TUCSON, 85710 – East Submarket
Alpha Pools LLC renewed and expanded its lease with Pegasus Tucson Owner, LLC for 2,000 square feet of industrial space at Clairemont Plaza, 1684 S. Research Loop, Suite 502 in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

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