Tucson Lease Report April 23-27, 2018
The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from April 23-27, 2018.
OFFICE – 1161–1181 E. EL DORADO PL., TUCSON
Pathways Human Services, LLC renewed their lease for 33,536-square-feet of office space in El Dorado Professional Plaza, 1161-1181 E. El Dorado Place, Suites 101-104, 201-204, 301-304 in Tucson, from Source Two Investments, LLC. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord; Tom Bean with NAI Horizon, represented the tenant.
INDUSTRAL – 2901 S. 4th AVE., TUCSON
Sourceone Displays, LLC leased a 30,000-square-foot industrial building at 2901 S. 4th Ave. in Tucson, from North Land Leasing, LLC. Ron Zimmerman and Ryan McGregor with Cushman & Wakefield | PICOR, represented both parties.
RETAIL – SOUTH PLAZA VISTA MALLSIERRA VISTA
Planet Fitness has leased a 23,400-square-feet space at South Plaza Vista Mall on the NEC of Martin Luther King Jr. Blvd & Highway 90. The Premises will be used as a health and fitness facility offering tanning, hydro therapy, personal training, yoga and similar services. They are scheduled to open for business July 2018. Andy Seleznov Melissa Lal and Pete Villaescusa represented the Landlords, Larsen Baker and CBRE, while Jesse Peron of CBRE, represented the Tenant.
INDUSTRIAL – 10831 N. MAVINEE, TUCSON
Arbico Organics leased 12,039-square-feet in Foothills Business Park, 10831 N. Mavinee in Tucson, from SN Investment Properties, LLC. Rob Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.825.9785[/mepr-show]
OFFICE – 8500 N. ORACLE RD., TUCSON
Oro Valley Surgical Suites, LLC, has leased 7,425-square-feet at 8500 N. Oracle Road, Shoppes at Oracle, from Shoppes at Oracle Road Revocable Trust, for a 10-year term. Brent Stamm of Newmark Real Estate of Ohio represented the Tenant and Robert J. Nolan of Oxford Realty Advisors represented the Landlord in the transaction. [mepr-show rules=”58038″]Asking lease rate: $17.00 – $23.00 SF/YR NNN[/mepr-show]
RETAIL – ORACLE TOWER BUSINESS PARK, TUCSON
Jason’s Mobile Repair leased 4,800-square-feet at Oracle Tower business park on Oracle Road south of Roger Road. Gary Emerson of GRE Partners LLC handled the transaction for the landlord Tesoro Enterprises LLC.
RETAIL – 3700 E. SPEEDWAY BLVD., TUCSON
Zia Enterprises, Inc. renewed its lease for 4,089-square-feet at 3370 East Speedway Boulevard. Zia Record Exchange is located within Rancho Center, which is anchored by Whole Foods, Bookmans, Mattress Firm, and Performance Bikes. The Tenant was represented by Sean Bishop of Lee & Associates. Debbie Heslop, CCIM, of Volk Company represented the landlord, Rancho Center, LLC.
INDUSTRIAL – 2470 W. RUTHRAUFF RD., TUCSON
Orion Home Services, LLC leased 4,400-square-feet in Ruthrauff Commerce Center, 2470 W. Ruthrauff Rd., Suites 190-196 in Tucson, from Presson Scottsdale, LLC. Rob Glaser, SIOR, CCIM, and Max Fisher Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction
RETAIL – 7225 E BROADWAY BLVD, TUCSON
Old Pueblo Crossfit leased 3,534-square-feet of space in JoAnn’s Shopping Center at 7225 E Broadway Blvd. in Tucson. The space was formerly occupied by a beauty college and totaled 6,000-square-feet. Derrick Sinclair, CCIM, of Terramar Properties negotiated the lease for Old Pueblo Crossfit while Melissa Lal, CCIM, of Larsen Baker negotiated an expansion to the adjacent Eric Hite Foundation Day Care that allowed Old Pueblo Crossfit to take the store front space. [mepr-show rules=”58038″]Terms: 5 years with 5-year option with average of 2.5%. TI of $2 PSF provided and 2 months free rent. Tenant Phone: 520.392.8329[/mepr-show]
RETAIL – 3353 N 1ST AVE., TUCSON
Mark Hays, CCIM, of Tierra Antigua leased a 4-bay, 3,000-square-foot automotive space at 3353 N 1st Ave., in Tucson. The owner represented himself in the transaction. [mepr-show rules=”58038″]Asking lease rate: $12.84 SF/YR NNN; Phone: 520.444.5401[/mepr-show]
OFFICE – 5295 E. KNIGHT DR., TUCSON
Tucson Medical Network renewed their lease for a 2,625-square-foot medical office at 5295 E. Knight Dr. in Tucson from TMC Holdings, Inc. Rick Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.
INDUSTRIAL – 2420 W. RUTHRAUFF RD., TUCSON
Silverstate Refrigeration & HVAC, LLC leased 2,120-square-feet in Ruthrauff Commerce Center, 2420 W. Ruthrauff Rd., Suite 120 in Tucson, from Presson Scottsdale, LLC. Rob Glaser, SIOR, CCIM, and Max Fisher Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.64 SF/YR Modified Gross[/mepr-show]
RETAIL – 3400 E. SPEEDWAY BLVD., TUCSON
OneMain Financial Services Inc. leased 1,716-square-feet at 3400 East Speedway Boulevard, Suites 208-210. The space is located within Rancho Center, which is anchored by Whole Foods, Bookmans, Mattress Firm, and Performance Bikes. The Tenant was represented by CBRE. Debbie Heslop, CCIM, of Volk Company represented the landlord, Rancho Center, LLC.
RETAIL – 910 W. IRINGTON RD., TUCSON
H&R Block renewed their lease of their 1,680-square-feet at 910 W. Irvington Road, Suite 150, Tucson, AZ. Scott Soelter with NAI Horizon represented the landlord in this transaction.
INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON
Great Pyramid Films, LLC leased 1,600-square-feet in Midway Business Park, 4500 E. Speedway Blvd., Suite 15 in Tucson, from Presson Midway, LLC. Rob Glaser, SIOR, CCIM and Paul Hooker with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.88 – $9.60 SF/YR Modified Gross; Tenant Phone: 520.829.7782[/mepr-show]
OFFICE – 698 E. WETMORE RD., TUCSON
Men’s Medical Care, PLLC leased 1,407-square-feet at 698 E. Wetmore Road, Suite 370, Tucson, AZ. Andrew Sternberg with NAI Horizon represented the tenant and Jon O’Shea and Aubrey Finkelstein with Vast Commercial represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 602.791.9112[/mepr-show]
RETAIL – 918 W. IRVINGTON RD., TUCSON
Renddy Humphrey, dba Humphrey’s Barbershop renewed his lease on his 1,203-square-feet at 918 W. Irvington Road, Suite 138, Tucson, AZ. Scott Soelter with NAI Horizon represented the landlord in this transaction.
RETAIL – ORACLE TOWER BUSINESS PARK, TUCSON
Tailored Living Tucson leased 1,200-square-feet at Oracle Tower business park on Oracle Road south of Roger Road. Gary Emerson of GRE Partners LLC represented the landlord Tesoro Enterprises LLC and Charlie Bowles of Bowles Realty and Investments LLC represented the tenant.
RETAIL – 3553 S. 12th AVE., TUCSON
ALOHA Raspados y Algo Mas, LLC leased 1,200-square-feet in Plaza Azteca, 3553 S. 12th Ave., Suite 133 in Tucson, from NAI Investments, LLC. Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $12.00 SF/YR Modified Gross[/mepr-show]
INDUSTRIAL – 245 S. PLUMER AVE., TUCSON
12 Volt Fleet, LLC leased 1,200-square-feet in Commerce Plaza, 245 S. Plumer Ave., Suite 4 in Tucson, from Plumer Partners, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.80 – $8.40 SF/YR Modified Gross[/mepr-show]
RETAIL – – 910 W. IRINGTON RD., TUCSON
Operadora de Autobuses, LLC, dba TAP Royal leased 1,136-square-feet at 910 W. Irvington Road, Suite 130, Tucson, AZ. Scott Soelter with NAI Horizon represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – $15.00 SF/YR NNN; Phone: 602.380.3073[/mepr-show]
OFFICE – 7435 N. ORACLE RD., TUCSON
Grote Tax Service leased 1,120-square-feet of office space at 7435 N. Oracle Rd. in Tucson, from RIW, LLC. Isaac Figueroa, Office and Investment Specialist with Cushman & Wakefield | PICOR, represented the landlord; Fred Seger with Fred Segar & Associates, represented the tenant. [mepr-show rules=”58038″]Tenant Phone: 520.256.2256[/mepr-show]
OFFICE – 5620 N. KOLB RD, TUCSON
Shot Ventures, LLC leased 931-square-feet in the Ventana Canyon Executive Center at 5620 N. Kolb Road, Suite 230, Tucson, AZ. Andrew Sternberg with NAI Horizon represented the Landlord and Chris Tsighis with Coldwell Banker represented the Tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $20.00 SF/YR Full Service[/mepr-show]
RETAIL – 3770 W INA RD., STE 144, MARANA
Mindy Lash Studio leased 900-square-foot space Gold Canyon Plaza at 3770 W Ina Road, Suite 144, at the northeast corner of Ina and Thornydale Roads in Marana. Major retailers at the intersection include Target, Lowe’s, Office Max, Wal-Mart Neighborhood Market and Michael’s. Juan Teran, CCIM, of Realty Executives Tucson Elite represented the landlord, Gold Canyon Plaza. [mepr-show rules=”58038″]Asking lease rate: $17.00 SF/YR NNN[/mepr-show]
OFFICE – NE CORNER of BROADWAY BLVD and SWAN RD, TUCSON
Pima Medical Institute renewed their lease for till the end of the year. located on the NE corner of Broadway Blvd. and Swan Rd. in Tucson, Arizona. Pima Medical uses the premises as administrative and executive offices and for limited classroom/laboratory space and conference rooms. Andy Seleznov and Melissa Lal represented the Landlord.
RETAIL – COCHISE PLAZA, SIERRA VISTA
Cochise Cardiovascular Care renewed their lease for two years at Cochise Plaza, located on the NE corner of Fry Blvd. and Coronado Rd. in Sierra Visa, Arizona. Cochise Cardiovascular Care specializes in cardiovascular care and related services. Andy Seleznov and Melissa Lal represented the Landlord.
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