The Tucson Lease Report includes leases reported to the Real Estate Daily News during the week of February 3-7, 2014.
OFFICE – 3130 E. BROADWAY BLVD. - TUCSON
CODAC Behavioral Health Services of Pima County of Tucson leased 16,999-square-feet at 3130 E. Broadway Boulevard in Tucson from LC 3130, LLC. Tom Nieman, Principal and Office Specialist, with Cushman & Wakefield | PICOR, represented the landlord and Tom Knox, SIOR, Principal and Office Specialist and Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. [mepr-show rules="58038"]Phone: 520-327-4505[/mepr-show]
INDUSTRIAL – 3761 E. 43rd PLACE - TUCSON
Pacific Insulation renewed their lease for 10,000-square-feet at 3761 E. 43rd Place, in Tucson from JDHL Investments. Pacific Insulation is the Southwest’s leading commercial and industrial insulation distributor/fabricator with locations in Southern California, Northern California, Arizona and Nevada. Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction and Tim Healy of CBRE represented the tenant. [mepr-show rules="58038"]Phone: 520-670-1157[/mepr-show]
RETAIL – 3601 E. BROADWAY BLVD. - TUCSON
The Mattress Firm leased 5,000-square-feet at El Con Mall 3601 E. Broadway Blvd. located at the northwest corner of Broadway and Alvernon in Tucson, Arizona. Darren Pitts, and Michael Clark of Velocity Retail Group represented the Mattress Firm. [mepr-show rules="58038"]Phone: 303-534-2102[/mepr-show]
OFFICE – 1900 – 1996 N. KOLB - TUCSON
The Thomas R. Brown Family Foundation has leased 4,718-square-feet of office space at Taylor Office Park located at 1990-1996 N. Kolb Rd. in Tucson. CBRE’s Jeff Casper negotiated the 10-year lease on behalf of the landlord, Taylor Kolb LLC. The tenant, who was represented by Bob Davis and Tom Hunt with Rein & Grossoehme, will take occupancy in early March. [mepr-show rules="58038"]Phone: 520-298-2828 x 6, Asking rate : $17.00 SF/YR[/mepr-show]
OFFICE – 2115 E. VALENCIA RD. - TUCSON
The National Ecological Observatory Network has leased 3,900-square-feet of office space at Valencia Business Park located at 2115 E. Valencia Rd. in Tucson. The Boulder, Colo.-based NEON, which is designed to gather and synthesize data on the impacts of climate change, land use change and invasive species on natural resources and biodiversity by collecting data from 106 sites across the U.S., will take occupancy in early June. The landlord was Tucson-based Obedin Holdings LLC. CBRE’s Bill Di Vito and Jesse Blum represented both the tenant and landlord in negotiating the lease term. [mepr-show rules="58038"]Phone: 720-746-4884[/mepr-show]
INDUSTRIAL – 1870 W. PRINCE RD. - TUCSON
MedOne Healthcare, LLC leased 3,622-square-feet at the Exchange Place, 1870 W. Prince Road, Suites 69 - 71 in Tucson from Presson Corporation. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules="58038"]Phone: 520-300-6434, Approx: $0.54 - $0.68 SF/Gross[/mepr-show]
RETAIL – 5555 E BROADWAY BLVD, TUCSON
Arizona Urgent Care leased a 3,522-square-feet, the west corner end cap at the 5555 Broadway Center Arizona Urgent Care will open in mid-2014. Arizona Urgent Care was represented by Ken Elmer of Commercial Properties, Inc. Nancy McClure and Michael Laatsch with CBRE’s Tucson office negotiated the lease for the landlord/developer, Benenson Capital Partners of New York City. [mepr-show rules="58038"]Asking rate: $40 PSF[/mepr-show]
INDUSTRIAL – 2002 N. FORBES BLVD. - TUCSON
Burns Pest Elimination of Tucson has leased 3,516-square-feet of flex/industrial space at 2002 N. Forbes Blvd. CBRE’s Tim Healy and Bob DeLaney negotiated on behalf of the landlord, San Diego, Calif.-based DMIG, LLC. The tenant, who was represented by Jeff Casper with CBRE, will take occupancy March 1st. [mepr-show rules="58038"]Phone: 520-399-7579, Asking rate: $9.00 SF/YR[/mepr-show]
RETAIL – 7401 N. LACHOLLA BLVD. - TUCSON
Uptown Cheapskate leased 3,300 sq. ft. at the Foothills Mall 7401 N. LaCholla Blvd., on the northwest corner of Ina and LaCholla Roads in Tucson. Uptown Cheapskate® is a sister company to KiD to KiD®, an award winning children’s product franchise with stores nationwide. The stores buy, sell, trade and consign new and gently used clothing and accessories at discounted prices. Uptown Cheapskate caters to the pre-teen and young adult demographic. This will be the first location for this tenant in Tucson. Darren Pitts of Velocity Retail Group represented Uptown Cheapskates. The landlord is Schottenstein Property Group. [mepr-show rules="58038"]Phone: 801-359-0071[/mepr-show]
RETAIL – 9040 VALENCIA RD. - TUCSON
Progressive Animal Wellness Services LLC has leased 3,150 square feet of retail space at Rita Ranch Shopping Center located at 9040 Valencia Rd. in Tucson. CBRE’s David Dutson negotiated on behalf of the landlord, CNA Enterprises, Inc. The tenant, who was represented by Dean Ingram with DeRito Partners, who took occupancy in early January. [mepr-show rules="58038"]$19.00 – $20.00 SF/YR[/mepr-show]
RETAIL – 5555 E BROADWAY BLVD., TUCSON
Potbelly Sandwich Shop, leased 2,000-square-feet at the 5555 Broadway Center between Urgent Care and Broadway Smiles Dentistry & Orthodontics. Potbelly Sandwich Shop will open in mid-2014. Potbelly was represented by Zach Pace of Phoenix Commercial Advisors. Nancy McClure and Michael Laatsch with CBRE’s Tucson office negotiated the lease for the landlord/developer, Benenson Capital Partners of New York City. [mepr-show rules="58038"]Asking rate $40 PSF[/mepr-show]
OFFICE – 6601 E. GRANT RD. - TUCSON
United Builders LLC has leased 1,560-square-feet of office space at 6601 E. Grant Rd in Tucson. CBRE’s David Montijo negotiated on behalf of the tenant. The landlord, C2D2 Associates LLC, was self-represented. United Builders took occupancy early January. [mepr-show rules="58038"]Phone: 520-622-2884[/mepr-show]
OFFICE – 4575 S. PALO VERDE RD. - TUCSON
MPC Design Technologies Arizona, LLC leased 1,300-square-feet at the Butterfield Business Park, 4575 S. Palo Verde Road, Suite 327 in Tucson from Presson Equity Partners, LLP. Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules="58038"]Phone: 520-202-7814, $0.50 SF/MO[/mepr-show]
OFFICE – 4500 E. SPEEDWAY - TUCSON
Magnetmod, LLC leased 1,200-square-feet at the Midway Business Park, 4500 E. Speedway Boulevard, Suite 65 in Tucson from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules="58038"]Phone: 520-344-0443 , Approx. $0.45 NNN[/mepr-show]
OFFICE - 4500 E. SPEEDWAY - TUCSON
Jungle Partners, LLC leased 1,200-square-feet at the Midway Business Park, at 4500 E. Speedway Boulevard, Suite 35 in Tucson from Presson Midway, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
[mepr-show rules="58038"]Approx: $0.45 NNN[/mepr-show]
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