Tucson Lease Report March 14 – 18, 2016

Tucson courthouse 200x150The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from March 14 thru 18, 2016.

RETAIL – 4441-4443 E. SPEEDWAY BLVD., TUCSON
Midtown Mercantile Merchants, LLC leased 29,211-square-feet in Speedway Retail Center, 4441 – 4443 E. Speedway in Tucson, from H & L Speedway Partners, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Gary Best with Keller Williams Southern Arizona, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $8.00 SF/YR Modified Gross[/mepr-show]

RETAIL – 5045 E. SPEEDWAY BLVD., TUCSON
Richard N. Maddox and Lori L. Maddox, dba Speedway Antique Mall, leased an18,000-square-foot building (formerly occupied by Summit Hut) at 5045 East Speedway Boulevard. The tenant was represented by Frank Arrotta of Tucson Realty & Trust. Rick Borane with the Volk Company represented the landlord, The Spector Revocable Trust.[mepr-show rules=”58038″] Asking lease rate: $10.00 SF/YR NNN[/mepr-show]

RETAIL – 4780 E. GRANT RD., TUCSON
Ling-Bin Lu, dba Joy Buffet leased 6,000-square-feet at 4780 East Grant Road. The tenant plans to open an Asian food restaurant offering breakfast, lunch, and dinner for dine-in, take-out, and carry-out service. The space is located at the southeast corner of Grant and Swan within Grant and Swan Shopping Center, which is anchored by Petsmart and Trader Joe’s. Jason Wong of Red Point Development represented the Tenant. Dave Hammack of Volk Company represented the landlord, C & C Land & Cattle Company Limited Partnership, L.L.P.

OFFICE – 7165 N. PIMA DRIVE, TUCSON
Western Emulsions leased 4,693-square-feet of office space at 7165 N. Pima Canyon Drive from Double Z Pima Canyon L.L.C. The Landlord was represented by Michael Sarabia and James Hardman of DESCO Southwest. The Tenant was represented by Alan G. Moore of Chapman Lindsey. [mepr-show rules=”58038″]Asking lease rate: $22.50 SF/YR NNN; Tenant Phone: 520.622.7203[/mepr-show]

RETAIL – 60 N. HARRISON RD., TUCSON
KHBA, LLC, dba: Inverse jiu-jitsu | yoga, leased 2,600-square-feet at 60 N. Harrison Rd., Suite A170 in Tucson from Dave Grabbert Ranch, Inc.  Rob Tomlinson and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and Roger Breckenridge with Long Realty Company represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $7.00 SF/YR NNN[/mepr-show]

INDUSTRIAL – 3640 S. CMAPBELL AVE., TUCSON
M.A.V. Roofing, LLC leased 2,500-square-feet at 3640 S. Campbell Ave., Unit 1 in Tucson from Strauss Revocable Living Trust.  Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.  Daniel Yang and Chris Tsighis with Coldwell Banker Residential Brokerage, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $0.55 SF/MO Modified Gross; Tenant Phone: 520.280.0834[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Cadre Partners LLC leased 1,264-square-feet of office space at 1715 E. Skyline Drive, Suite 131 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Jeff Casper of CBRE.

OFFICE – 2830 N. SWAN RD., TUCSON
Thin Ice, Inc. leased 1,194-square-feet of medical office space at 2830 N. Swan Rd., Suite 160 in Tucson from Swan & Glenn, LLC.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

INDUSTRIAL – 3720 S. PARK AVE., TUCSON
Adrians Barbershops leased 1,170-square-feet at 3720 S. Park Ave., Suite 603 in Tucson from William Lee, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Tenant Phone: 520.889.2905[/mepr-show]

OFFICE – 1715 E. SKYLINE DRIVE, TUCSON
Edward D. Jones & Co., LP leased 1,092-square-feet of office space located at 1715 E. Skyline Drive, Suite 121 from United Insurance Company of America. Michael Sarabia and James Hardman of DESCO Southwest represented the Landlord. The Tenant was represented by Chris Hollenbeck of Cushman & Wakefield. [mepr-show rules=”58038″]Tenant Phone: 520.777.7616[/mepr-show]

OFFICE – 5930 E. PIMA ST., TUCSON
Simply Sleep Diagnostics, Inc. and Homesleeptesting, Inc. leased 1,071-square-feet of office space at 5930 E. Pima St., Suite 232 in Tucson from 5930 E. Pima, Inc.  Jeff Zellet, Commercial Specialist with Cushman &Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction. [mepr-show rules=”58038″]Asking lease rate: $14.00 – $15.00 SF/YR Modified Gross[/mepr-show]

OFFICE- 6400 E. GRANT RD., TUCSON
GSW Telecom, LLC leased 930-square-feet at 6400 E. Grant Rd., Suite 100 in Tucson from La Mirada, LLC.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules=”58038″]Asking lease rate: $15.00 SF/YR Full Service; Tenant Phone: 520.733.4142[/mepr-show]

OFFICE – 6369 E. TANQUE VERDE RD., TUCSON
ECB Corp., dba OmniDuct, leased 327-square-feet of office space in Tri-Pointe Plaza, 6369 E. Tanque Verde Rd. in Tucson from CSFB 2005-C3 Tanque Verde, LLC.  Rick Kleiner, MBA, and Isaac Figueroa, Office Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules=”58038″]Asking lease rate: $17.50 SF/YR Full Service[/mepr-show]