Tucson Commercial Lease Report February 20-24, 2023

TUCSON, ARIZONA, February 27, 2023 — Highlighted this week is an industrial lease renewal for 64,303 square feet at 6161 S Palo Verde Road in Tucson, to Cactus Portable Storage. Robert C. Glaser, SIOR, CCIM, with Cushman & Wakefield | PICOR and Aric Adams with Kidder Mathews handled the transaction.

The following leases were reported to Real Estate Daily News from February 20 – 24, 2023.

INDUSTRIAL – 6161 S PALO VERDE RD., TUCSON 85706, South
Cactus Portable Storage, LLC renewed their lease with Stag Industrial Holdings, LLC for 64,303 square feet of industrial space at Palo Verde Industrial, 6161 S. Palo Verde Rd., Suite B & C in Tucson. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Aric Adams with Kidder Mathews, Inc., represented the tenant.

INDUSTRIAL – 3248 N FREEWAY INDUSTRIAL LOOP, TUCSON 85705, Central
Belfor USA Group, Inc. renewed their lease with Freeway Clover, LLC for 13,634 square feet of industrial space at 3248 N. Freeway Industrial Loop, Suite 104 & 106 in Tucson. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Kyle McGuire with Axiom Advisory Group, and Ted Liles with Cresa, Phoenix, represented the tenant.

INDUSTRIAL – 1668 S RESEARCH LOOP, TUCSON 85710, East
Mineral Seal Corporation leased 7,346 square feet of industrial space at Clairemont Plaza, 1668 S. Research Loop, Suite 344 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 70 N HARRISON RD., TUCSON 85748, East
>TMCOne renewed their lease with Rain Scott Investments, LLC for the 7,202 square foot medical office at Broadway Albertson’s Center, 70 N. Harrison Rd., in Tucson. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 2380 N FERGUSON AVE., TUCSON 85712, Northeast
Tucson Medical Center renewed their lease with TMC Holdings, Inc. for the 7,101 square foot medical office at 2380 N. Ferguson Ave., Suite 100, 102, & 104 in Tucson. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

RETAIL – 2930 S 6^th AVE., TUCSON 85713, South
Rent-A-Center renewed their lease with Choi Family Trust for 5,000 square feet of retail space at Fiesta Mercado Shopping Center, 2930 S. 6th Ave., Suite 100 in Tucson. Aaron LaPrise and Dave Hammack, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 4475 I-19 FRONTAGE ROAD., GREEN VALLEY 85614, South
Pima Heart Physicians, P.C. renewed their lease with TMC Holdings, Inc. for the 4,618 square foot medical office at 4475 I-19 Frontage Rd., Suite 125 in Green Valley. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Lori Casey with Oxford Realty Advisors, represented the tenant.

RETAIL – 8796 E BROADWAY BLVD.,  TUCSON, 85710, East
Taylor Tack & Feed, LLC leased 4,500 square feet of retail space at Broadway East Plaza, 8796 E. Broadway Blvd., in Tucson, from Broadway East Plaza, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Pete Villaescusa with CBRE, Tucson, represented the landlord.

OFFICE – 5375 E ERICKSON DR., TUCSON 85712, Northeast
Tucson Medical Center-Clinical Nurse Research renewed their lease with TMC Holdings, Inc. for 3,906 square feet of office space at Tucson Medical Park, 5375 E. Erickson Dr., Suite 101 & 103 in Tucson. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

OFFICE – 4475 I-19 FRONTAGE ROAD., GREEN VALLEY 85614, South
United Community Health Care-Maria Auxiliadora, Inc. renewed their lease with TMC Holdings, Inc. for the 3,409 square foot medical office at 4475 I-19 Frontage Rd., Suite 149 in Green Valley. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 5210 E WILLIAMS CIRCLE, TUCSON 85711, East
UNIVERSAL SERVICES OF AMERICA, LP renewed their lease with WCCP Rosemont, LLC, RPI Williams Circle, LLC, PEA Williams Circle, LLC for 3,371 square feet of office space at Williams Centre, 5210 E. Williams Cir. in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, and Jeff Maza with Cushman & Wakefield, Chicago, represented the tenant in this transaction. Philip Skillings with NAI Horizon, Tucson, represented the landlord.

OFFICE – 4475 I-19 FRONTAGE ROAD., GREEN VALLEY 85614, South
Valley ENT, P.C. renewed their lease with TMC Holdings, Inc. for the 3,191 square foot medical office at 4475 I-19 Frontage Rd., Suite 285 in Green Valley. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Mark Irvin with Mark Irvin Commercial Real Estate Services, LLC, represented the tenant.

OFFICE – 3845 N BUSINESS CENTER DR., TUCSON 85705, Central
SGS North America Inc. renewed their lease with Pegasus Tucson Owner LLC for 3,138 square feet of office space at North Tucson Business Center, 3845 N. Business Center Dr., Suite 115 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1603 S EASTSIDE LOOP, TUCSON 85710, East
Beyond Painting LLC leased 2,500 square feet of industrial space at Eastpoint Business Plaza, 1603 S. Eastside Loop, Suite 207 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

OFFICE – 5200 E FARNESS DR., TUCSON  85712, Northeast
Personalized Healthcare of Tucson, PLC leased the 1,600 square foot medical office at 5200 E. Farness Dr., Suite 100 in Tucson, from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction

INDUSTRIAL – 1870 W PRINCE RD., TUCSON 85705, Central
Ames Taping Tools renewed their lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite 9 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 2970 S 6^th AVE., TUCSON 85713, South
Cafe Thang leased 1,318 square feet of retail space at Fiesta Mercado Shopping Center, 2970 S. 6th Ave., Suite 110 in Tucson, from Choi Family Trust. Café Thang will serve Vietnamese coffee, boba tea, and Banh Mi sandwiches.  Aaron LaPrise and Dave Hammack, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 5618 E BROADWAY BLVD., TUCSON 85711, East
Precision Clock Service Center leased 1,200 square feet of retail space at Broadway Center, 5618 E. Broadway Blvd., Suite 5618 in Tucson, from Broadway-Craycroft, LLC. Greg Furrier, Principal, and Natalie Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – 1801 S ALVERNON WAY, TUCSON 85711, East
Hindu Temple and Cultural Center of Tucson 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 in this transaction.

OFFICE – 639 E SPEEDWAY BLVD., TUCSON 85705, Central
Hospice in the Desert LLC leased 1,100 square feet of office space at 639 E. Speedway Blvd., in Tucson, from Les Wallach Real Estate LLC. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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