TUCSON, ARIZONA, November 20, 2023, -- Highlighted this week is an 8,141-square-foot office lease to Progressive Casualty Insurance Company handled by Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, representing the landlord and Richard M. Kleiner, MBA Office Specialist with Cushman & Wakefield | PICOR, and Todd Heyman with TMH Real Estate Solutions representing the tenant.
The following leases were reported to Real Estate Daily News from November 13-17, 2023.
OFFICE – 5151 E BROADWAY BLVD., TUCSON, 85711 - East Submarket
Progressive Casualty Insurance Company leased 8,141 square feet of office space at 5151 E. Broadway Blvd., Suite 300 in Tucson, from KCI Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont Broadway, LLC, and Tucson 5151 Investments, LLC. Thomas J. Nieman, Principal, and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, and Todd Heyman with TMH Real Estate Solutions represented the tenant.
INDUSTRIAL – 2450 W RUTHRAUFF RD., TUCSON, 85705 - Central Submarket
Templar Electric, LLC renewed its lease with Pegasus Tucson Owner LLC for 3,300 square feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 190, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
INDUSTRIAL – 1684 S RESEARCH LOOP, TUCSON, 85710 - East Submarket
DVA Renal Healthcare, Inc. leased 2,480 square feet of industrial space at Clairemont Plaza, 1684 S. Research Loop, Suite 550 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Alex Demeroutis, Industrial Specialist with Cushman & Wakefield | PICOR, and Jee-Young Tscha with Cushman & Wakefield - San Diego, represented the tenant.
INDUSTRIAL – 2470 W RUTHRAUFF RD., TUCSON, 85705 - Central Submarket
CHETHESHOOTER LLC leased 2,400 square feet of industrial space at Ruthrauff Commerce Center, 2470 W. Ruthrauff Rd., Suite 170 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Jeff Parker with Whirlygig Properties, LLC, represented the tenant.
OFFICE – 8567 N SILVERBELL RD., TUCSON, 85743 - Northwest Submarket
Edward Jones has signed a lease for 1,158 square feet at 8567 N. Silverbell Road, Suite 207, Tucson, AZ in Silverbell Center, located south of the southwest corner of Silverbell Road and Coachline Road. Edward Jones Investments was started in 1922 and is a financial service focusing solely on individual investors and small-business owners. There are more than 15,000 offices in the United States. The new office at Silverbell Center is expected to open in March 2024. Craig Finfrock of Commercial Retail Advisors, LLC represented the Landlord, Namaki Living Trust, and Dave Hammack of Cushman Wakefield│PICOR represented the tenant in this transaction.
OFFICE – 5151 E BROADWAY BLVD, TUCSON, 85711 - East Submarket
Adequate Funding, LLC leased 1,022 square feet of office space at 5151 E. Broadway Blvd., Suite 1520 in Tucson, from KCI Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont Broadway, LLC, and Tucson 5151 Investments, LLC. Agents with Cushman & Wakefield | PICOR handled this transaction. Thomas J. Nieman, Principal, and Molly Gilbert, Office Specialists, represented the landlord. Andrew Keim, Industrial Specialist, represented the tenant.
INDUSTRIAL – 5017 E 29TH ST., TUCSON, 85711 - East Submarket
Casa Valdez Silk & Screen Embroidery LLC leased 1,016 square feet of industrial space at Town Central Business Park, 5017 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 – CANYON PLAZA AT INA & THORNYDALE, MARANA, 85741 - Northwest Submarket
Ryan Hall of CBRE represented RAMI&PARU LLC in its lease of 900 square feet at Gold Canyon Plaza on the northeast corner of Ina Road and Thornydale Road. The tenant operates under Precise Eyebrow Threading, and this will be the new location for the eyebrow threading operator. Carol Harder of Red Mountain Retail Group represented the Landlord.
OFFICE – 1200 N EL DORADO PL, TUCSON, 85715 - Northeast Submarket
April Hanna Physician Assistant, PC, leased medical office space at El Dorado Square, 1200 N. El Dorado Pl., Suite H-820 B in Tucson, from El Dorado Ventures, LLC. Andy Seleznov, CCIM, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.
RENEWALS
INDUSTRIAL – 8180 E BROADWAY BLVD., TUCSON, 85710 - East Submarket
Pima County Adult Probation renewed its lease with Redyns Development LLC for 12,631 square feet of industrial space at 8180 E. Broadway Blvd. in Tucson. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.
RETAIL – RINCON PLAZA AT HOUGHTON & VALENCIA, TUCSON, 85730 - East Submarket
CBRE’s Nancy McClure represented Athletico Management LLC in a 60-month renewal of 2,500 square feet at Rincon Plaza on the southeast corner of Houghton Road and Valencia Road. Lynn Taylor of Whirlygig Properties represented the landlord.
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