TUCSON, ARIZONA, December 18, 2023 -- Highlighted this week is a 6,004 square-foot ground lease to Salad and Go at Las Plazas at Old Vail. Retail Specialists with Cushman & Wakefield | PICOR handled this transaction. Aaron LaPrise, Principal, represented the landlord, and Dave Hammack, Principal, represented the tenant.
The following leases were reported to Real Estate Daily News from December 11-15, 2023.
GROUND LEASE – 10071 E OLD VAIL RD., TUCSON, 85641 – Southeast Submarket
Salad and Go leased a 6,004-square-foot ground lease (Lot 3) at Las Plazas at Old Vail, 10071 E. Old Vail Rd. in Tucson, from Rita Salad LLC. Retail Specialists with Cushman & Wakefield | PICOR handled this transaction. Aaron LaPrise, Principal, represented the landlord, and Dave Hammack, Principal, represented the tenant.
RETAIL – 6330 N CAMPBELL AVE, #110, TUCSON, 85718 – Northeast Submarket
Lavender Fitness Center III, LLC dba BFT or Body Fit Training leased 4,058 square feet of retail space at Paloma Village Center, 6330 N. Campbell Ave., Suite 110 in Tucson, from Paloma Village DE, LLC. Natalie Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Joey Castillo with Volk Company represented the tenant.
RETAIL – 401 S ALVERNON WAY, TUCSON, 85711 – East Submarket
QN Market has leased a 2,382-square-foot convenience store (formerly Circle K) at 401 S Alvernon, next to the Double Tree Hotel and across from Randolph Municipal Golf Course. The building will be once again operated as a convenience store. Isaac Figueroa represented the Landlord, Larsen Baker, and handled the transaction.
OFFICE – 1055 N LA CANADA, #135, GREEN VALLEY, 85614 – South Submarket
Southern Arizona Podiatry, LLC leased 2,145 square feet of office space at Green Valley Medical Mall, 1055 N. La Cañada Dr., Suite 135 in Green Valley, from NWI Green Valley MOB LP. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – 4500 E SPEEDWAY BLVD, #9, TUCSON, 85712 – Northeast Submarket
Ramco Ventures, LLC leased 1,600 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 9 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
RETAIL – 130 E CONGRESS ST., TUCSON, 85701 – Central Submarket
Starbucks Corporation leased 1,350 square feet of retail space at 130 E. Congress St., in Tucson, from 130 E Congress LLC. Greg Furrier, Principal, and Natalie Furrier, Cushman & Wakefield | PICOR retail specialists represented the tenant.
OFFICE – 6280 E PIMA ST., #110, TUCSON, 85712 Northeast Submarket
Cathexis Psychedelics leased 984 square feet of office space at 6280 E Pima, Suite 110 in Tucson, from 6280 E Pima Investors L.L.C. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant.
RETAIL - 181 S TUCSON BLVD, TUCSON, 85716 - Central Submarket
CBRE’s Ryan Hall represented Lovlee Salon in a new 958-square-foot 36-month lease at 181 South Tucson Blvd, and it is conveniently located right off the Sunshine Mile. This relocation will improve the experience for its customers from the University of Arizona area. Molly Gilbert of Cushman Wakefield PICOR represented the landlord.
OFFICE – 2530 E BROADWAY BLVD., STE. E, TUCSON, 85716 – Central Submarket
Dilts & Geddings Accounting and Tax LLC leased 870 square feet of office space at Broadway Midtown Plaza, 2530 E. Broadway Blvd., Suite E in Tucson, from LLJ Holdings, LLLP. Molly Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.
RENEWALS
INDUSTRIAL - TUCSON INTERNATIONAL BUSINESS CENTER, TUCSON, 85706 - South Submarket
CBRE’s Tim Healy represented both the landlord, Sierra Valencia Properties, and the tenant, Mastek-Innerstep, in a 24-month renewal of 9,608 square feet space at the Tucson International Business Center located at the Northeast corner of East Valencia Road and East Hemisphere Loop.
RETAIL – 714 W CALLE ARROYO SUR, SAHUARITA, 85614 – South Submarket
Big 5 Corporation renewed its lease with Big V 714, LLC, for 11,000 square feet of retail space at Madera Marketplace, 714 W. Calle Arroyo Sur in Sahuarita. Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR represented the landlord.
INDUSTRIAL – 4500 E SPEEDWAY BLVD, #12, TUCSON, 85712 - Northeast Submarket
Tarence Cager and Andrea McGowen renewed their lease with Pegasus Tucson Owner LLC for 1,600 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 12 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
OFFICE – 3295 W INA RD., #135, TUCSON, 85741 – Northwest Submarket
Ell Real Estate Group renewed their lease with Ina Executive Center, LLC for 1,467 square feet of office space at Ina Executive Center, 3295 W. Ina Rd., Suite 135 in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – 3210 S DODGE BLVD., #5, TUCSON, 85713 – South Submarket
E Dry Restoration renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3210 S. Dodge Blvd., Suite 5 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
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