Tucson Lease Report June 17-21, 2019

This week’s lease report highlights two large industrial leases, new retail including a Tacos del Rancho and the first dance studio coming to Vail.

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from June 17 thru 21, 2019.

INDUSTRIAL – 6908 E. CENTURY PARK DR., TUCSON
Micromex International leased a 141,913-square-foot industrial space located at 6908 East Century Park Drive from Century Park Properties, LLC. Jesse Blum and John Slattery of CBRE’s Tucson office handled transaction.

INDUSTRIAL – 6992 E. CENTURY PARK DR., TUCSON
Keefe Group, LLC expanded their current warehouse/ distributions space with the lease of an additional 30,000-square-feet of industrial space located at Century Park, 6992 East Century Park Drive, from Century Park Properties, LLC. John Slattery and Jesse Blum of CBRE’s Tucson office represented the landlord in the transaction. [mepr-show rules=”58038″]Tenant Phone: 800.325.8998 (National HQ)[/mepr-show]

OFFICE – 800 E. WETMORE ROAD, TUCSON
Tetra Tech leased a 3,847-square-foot office space located at 800 East Wetmore Road, Suite 230 from Floating Island Investments, LLC. The landlord was represented by David Montijo and Damian Wilkinson and the tenant was represented by David Volk of CBRE’s Tucson office and Nicole Bise of CBRE’s LA office. [mepr-show rules=”58038″]Asking lease rate: $22.00 FS/YR, Full Service Gross[/mepr-show]

RETAIL – 988 E. UNIVERSITY BLVD. TUCSON
Snakes & Lattes Tucson leased 3,526-square-feet at 988 E University Blvd in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

RETAIL – 6421 N ORACLE ROAD, TUCSON
Gamez Rascon Investments has signed a lease for a 2,630-square-foot space at 6421 N. Oracle Road, in Orange Grove Village located at the northwest corner of Oracle Road and Orange Grove Road, Tucson, AZ. The company plans to open Tacos del Rancho, a new Mexican café and cantina, in the fourth quarter of 2019. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord, Orange Grove Village LLC, and the tenant was represented by Hank Amos of Tucson Realty and Trust Company in this transaction.

RETAIL – 943 E. UNIVERSITY., TUCSON
Pizzeria Quattro, LLC dba Bacio Italiano leased 2,592-square-feet at 943 E University Blvd, Suite 125 in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

OFFICE / RETAIL – 6437 N. ORACLE ROAD, TUCSON
Renewal Wellness has signed a lease for a 1,851-square-foot space at 6437 N. Oracle Road in Orange Grove Village located at the northwest corner of Oracle Road and Orange Grove Road, Tucson, AZ. Renewal Wellness is an integrated wellness center specialized in treating the whole person, mind, body, and sprit and provide services such as RN Consulting, Acupuncture, Homeopathy, Massage Therapy, and Nutrition and Lifestyle Coaching. The new office is expected to be open July 1, 2019. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord, Orange Grove Village LLC, and the tenant was represented by Hank Amos of Tucson Realty and Trust Company in this transaction.

RETAIL – 2960 N. SWAN RD., TUCSON
Winn Me, LLC, has leased 1,334-square-feet at 2960 N. Swan Road, Suite 216, Plaza Palomino, from WCCP Plaza Palomino, LLC.  Cameron Casey of Oxford Realty Advisors represented the Tenant and Andrew Sternberg of NAI Horizon represented the Landlord in the transaction.  The financial services company, Winn Me, LLC, is excited to move into their newly remodeled suite.

RETAIL – 943 E. UNIVERSITY BLVD., TUCSON
The Collective on 2nd leased 1,239-square-feet at 943 E University Blvd, Suite 101 in Main Gate Square. Tamra Williamson of Bourn Advisory Services, LLC represented the landlord, Marshall Foundation, in negotiating the lease.

RETAIL – 13190 E. COLOSSAL CAVE ROAD, TUCSON (VAIL), AZ
Integra Dance Arts signed a lease for two suites, a 1,200-square-foot space located at 13190 E. Colossal Cave Road, Suite 130, and a 604 square foot space located at 13190 E. Colossal Cave Road, Suite 210, at Old Vail Station located at the southeast corner of Colossal Cave Road and Mary Ann Cleveland, Vail, AZ. Integra Dance Arts will be Vail’s first dance school and will be primarily focused on teaching dance to children. Integra Dance Arts will offer a variety of classes and private lessons and is estimated to open mid-July 2019. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord, Old Vail Station, LLC, and tenant represented itself in this transaction.

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