Tucson Lease Report May 23 – 27, 2016

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Tucson Lease Report May 23-27, 2016

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 23 thru 27, 2016.

INDUSTRIAL – 2155 N FORBES BLVD, STE 104, TUCSON
Trane U.S., Inc. renewed their lease for 16,795-square-feet in Broadbent Industrial Center, 2155 N. Forbes Blvd., Suite 104 in Tucson from Forbes Tucson, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Alan Moore with Chapman Lindsey Commercial Real Estate Services, represented the tenant in this transaction.

RETAIL – 18805 S. I-19 FRONTAGE RD., SAHUARITA
Dollar Tree Stores, Inc. leased 9,750-square-feet at 18805 South I-19 Frontage Road, Suites B-107 and B-115, in Sahuarita. The existing space is currently being expanded to accommodate Dollar Tree and is located within Sahuarita Plaza. Other tenants in the plaza include Petco, Jo-Ann Fabrics and Crafts, Ace, Ross, and Big Lots. Kurt Kalocin of SRS Real Estate Partners represented the tenant.  Brenna Lacey of Volk Company represented the landlord, CVP – Sahuarita Plaza, LLC.

RETAIL – 4640 E. BROADWAY BLVD., TUCSON
4722 East Broadway Corporation leased 5,612 square feet at 4640 East Broadway Boulevard for an Ace Hardware store. Construction is underway and Ace Hardware plans to open by June 1st.  Marty Olejarczyk of De Rito Partners represented the Tenant. Terry Dahlstrom of Volk Company represented the Landlord, The Wright-Oracle, L.L.C.

RETAIL – 4040 E. 22nd St., TUCSON
Denny’s signed a 20 year lease of 4,900-square-feet at 4040 East 22nd Street Tucson. The new franchisee plans to re-open a Denny’s restaurant in the space, which was previously leased by a different Denny’s franchisee. The remodeling and construction is almost complete, and the Denny’s is planned to open by June 1st.  Terry Dahlstrom of Volk Company represented the Landlord, Miriam E Wright Revocable Trust.

RETAIL – 3751 S. 12th AVE., TUCSON
Nhan Cong Nguyen and Phuong Thi Kim Huynh renewed their lease for 1,350-square-feet at 3751 South 12th Avenue. The tenant operates a nail salon business called Hot Nails. The shopping center is anchored by dd’s Discounts and Peter Piper Pizza. Terry Dahlstrom of Volk Company represented the landlord, Betz Partners.

RETAIL – 3959 E SPEEDWAY BLVD., TUCSON
Dan Boomhower, dba Always 39 Personal Fitness Training, renewed his lease for 844 square feet in Central Point Business Plaza, 3959 E. Speedway Blvd., Suite 314 in Tucson from Central Point Tucson, LLC.  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

RETAIL – 3941 E 29TH STREET, STE 604, TUCSON
R.C.D. Cleaning Service, Inc. leased 816 square feet in Midpoint Business Plaza, 3941 E. 29th St., Suite 604 in Tucson, from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

INDUSTRIAL – 3790 E 44TH ST., STE 256, TUCSON
Welfare Customs and Classics leased 558 square feet at 3790 E. 44th St., Suite 256 in Tucson from RR44, Inc. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

OFFICE – 4626 E. FT. LOWELL, TUCSON
Pediatric Playhouse leased approximately 500-square-feet of office space located at 4626 E. Ft.Lowell, Suite C, Tucson, Arizona, from Synergy Plaza, LLC.  Doug Richardson of Tucson Realty & Trust Co. represented the Tenant and Kristian Gose of Cushman & Wakefield | PICOR, represented the Landlord in the transaction.