Highlighted this week is a 34,560-square-foot lease to Parts Authority at 777 E. MacArthur Circle, Suites 131 and 141 in Tucson handled by Brandon Rodgers, SIOR, CCIM, and Stephen D. Cohen with Cushman & Wakefield | Picor.
The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report August 17-21, 2020.
INDUSTRIAL – 777 E McARTHUR CIRCLE, TUCSON
Parts Authority, a leading national distributor of automotive replacement parts, tools/equipment and transmissions, leased 34,560-square-feet of industrial space, located at 777 E. MacArthur Circle, Suites 131 and 141 in Tucson, from MacArthur Investments, LLC. Cushman & Wakefield |PICOR Principals and Industrial Specialists handled this transaction. Brandon Rodgers, SIOR, CCIM, represented the landlord; Stephen D. Cohen, represented the tenant.
OFFICE – 5151 E. BROADWAY BLVD., TUCSON
Maxim Healthcare Services, Inc. renewed their lease with KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC, for 7,267-square-feet of office space located at 5151 E. Broadway Blvd., Suite 1100 in Tucson. Richard M. Kleiner, MBA, and Thomas J. Nieman, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Peter McGill with Cushman & Wakefield, Baltimore, represented the tenant. [mepr-show rules="58038"]Asking lease rate: $19.50 - $27.00 SF/YR Full Service[/mepr-show]
RETAIL - 3461 E. SPEEDWAY BLVD, TUCSON
Purgatory Athletics, LLC has signed a new five-year lease for Crossfit Purgatory fitness gym. The space is 4,600-square-feet. David Lee handled both of these transactions on behalf of the ownership, Lee Family Property Management.
RETAIL – 8140 E. 22nd STREET, TUCSON
RNR Tires Inc. has leased a 3,750-square-foot space at 22nd Street AutoMall, located at 8140 E. 22nd Street. The Premises will be used as a retail store for the sale, lease and installation of tires, wheels and other automotive related services. They are scheduled to open for business in February of 2021. Ron Zimmerman of Cushman & Wakefield/PICOR and George Larsen of Larsen Baker represented the Landlord, Larsen Baker, while Paul Blum, of West USA Commercial, represented the Tenant.
RETAIL - 3461 E. SPEEDWAY BLVD, TUCSON
Encore Signs LLC has signed a new five-year lease at this location for Fastsigns. The space is 3,700-square-feet David Lee handled both of these transactions on behalf of the ownership, Lee Family Property Management
RETAIL – 9740 N ORACLE RD, TUCSON
Sies Tres, LLC leased 3,350-square-feet of retail space in El Corredor Shopping Center, 9740 N. Oracle Rd., Suite 106 in Oro Valley, from Boulder Oro Valley, LLC. Ramiro Scavo, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Deborah Heslop with Volk Company, represented the landlord.
OFFICE – 7290 E. BROADWAY BLVD., TUCSON
The Republican Party of Arizona leased 2,516-square-feet of office space at 7290 E. Broadway Blvd., Suite 124 in Tucson, from Swan Court, LLC. Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
OFFICE – ST. MARY’s PLAZA, TUCSON
People for Grijalva have leased a 2,400-square-foot space at St. Mary’s Plaza, located on St. Mary’s Rd. just West of Grande Ave. The Premises will be used as a political campaign office and for general office purposes. Andy Seleznov, Melissa Lal, and George Larsen of Larsen Baker, LLC and David Hammack and Ramiro Scavo of Cushman Wakefield PICOR, represented the Landlord.
RETAIL – PRINCE & FAIRVIEW PLAA, TUCSON
Tamayo's Discount Superstore has leased a 2,062-square-foot space at Prince & Fairview Plaza, located on the SW corner of Prince Rd. and Fairview St. The Premises will be used as a liquidation retail store selling toys, tools, appliances and other miscellaneous products. They are now open for business. Melissa Lal, Andy Seleznov and George Larsen represented the Landlord, Larsen Baker.
RETAIL – LAS PLAZAS, TUCSON
ABC Pet Clinic has leased a 2,000-square-foot space at Las Plazas, located across from Houghton Towne Center, at the northwest corner of Houghton and Old Vail Roads in southeastern Tucson. The Premises will be used as a veterinary clinic and related services. They are scheduled to open for business in the 4th quarter of 2020. Melissa Lal, Andy Seleznov and George Larsen represented the Landlord, Larsen Baker.
OFFICE – 3561 E SUNRISE DRIVE, TUCSON
Rise Private Wealth Advisors, LLC, has leased 1,885-square-feet at 3561 E. Sunrise Drive, Suite 129, from La Paloma Corporate Center, LLC. Cameron Casey of Oxford Realty Advisors represented the Tenant in the transaction.
RETAIL – SE CORNER of GRANT RD and ALVERNON WAY, TUCSON
TitleMax of Arizona, Inc. renewed their lease with Grant and Alvernon Realty Trust for 1,200-square-feet of retail space in the Fry’s anchored Grant Center, located on the southeast corner of Grant Rd. and Alvernon Way in Tucson. Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.
RETAIL – 3553 S 12th AVE., TUCSON
Kings Parlor, LLC leased 1,200-square-feet of retail space in Plaza Azteca, 3553 S. 12th Ave., Suite 101 in Tucson, from NAI Investments, LLC. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
OFFICE – 8750 E. SPEEDWAY BLVD., TUCSON
Six Feather's Boutique, LLC leased 740-square-feet of office space located at 8750 E. Speedway Blvd., Suite 110 in Tucson, from LLJ Holdings, LLLP. Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.