The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from May 29 thru June 2, 2017.
INDUSTRIAL – 3757 E. COLUMBIA ST., TUCSON
Norman Industrial Materials, Inc., dba Industrial Metal Supply, renewed their lease at 3757 E. Columbia St., Suite 145 in Tucson, from Gardner-Tucson LLC and Dashner-Tucson, LLC. IMS will expand to 34,704-square-feet during this extension term. IMS offers the broadest line of metals available from one distributor – steel, stainless steel, aluminum, copper and brass, as well as a large line of specialty metals and accessories. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules="58038"]Tenant Phone: 520.441.5900[/mepr-show]
OFFICE – 1121 N El DORADO PL., TUCSON
Dependable Home Health leased 12,292-square-feet of office space at 1121 N. El Dorado Place in the El Dorado Professional Plaza. Buzz Isaacson of CBRE represented the tenant. Tom Nieman of Cushman Wakefield | Picor represented the landlord, HSL Dorado Place Office, LLC, in the transaction. [mepr-show rules="58038"]Tenant Phone: 721.3822[/mepr-show]
INDUSTRIAL – 3757 E. COLUMBIA ST., TUCSON
DHL Express (USA), Inc. renewed their lease for 12,154-square-feet at 3757 E. Columbia St. in Tucson, from Gardner-Tucson LLC and Dashner-Tucson, LLC. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.
INDUSTRIAL – 3781 N. HIGHWAY DR., TUCSON
Turf and Sport, LLC leased 7,500-square-feet at 3781 N. Highway Dr., Building 2, Suite 103 in Tucson, from Daveck Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Andrew Ogan with Lee & Associates Arizona Commercial R.E. Services represented the tenant. [mepr-show rules="58038"]Asking lease rate: $0.79 SF/MO Modified Gross[/mepr-show]
INDUSTRIAL – 2030 N. FORBES BLVD., TUCSON
Midian Electronics, Inc. leased 2,400-square-feet at 2030 N. Forbes Blvd., Suite 101 in Tucson, from M.A.O.R.I., LLC. Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tim DeNiro with Commercial Real Estate Group of Tucson represented the tenant. [mepr-show rules="58038"]Asking lease rate: $0.65 SF/MO Modified Gross; Tenant Phone: 520.884.7981[/mepr-show]
RETAIL – 5655 E. RIVER RD., TUCSON
Rejuvenation Spa, LLC leased 1,481-square-feet of retail space at 5655 E. River Road in the River Center. Jason Wong of Crestline Properties represented the tenant. Pete Villaescusa and Jesse Peron of CBRE represented the landlord, GRI River Center, LLC, in the transaction. [mepr-show rules="58038"]Asking lease rate: $19.00 SF/YR Modified Gross; Tenant Phone: 520.795.1228[/mepr-show]
RETAIL – 1580 E TUCSON MARKETPLACE, STE F200, TUCSON
Jimmy John’s Gourmet Sandwiches signed a lease for 1,200-square-feet at 1580 E. Tucson Marketplace Blvd., Suite F200, Tucson, Arizona in Tucson Marketplace at the Bridges at the northwest corner of Kino Parkway and Interstate 10. The new store is expected to open mid-July, 2017. Craig Finfrock of Commercial Retail Advisors, LLC represented the Tenant, Jimmy John’s Gourmet Sandwiches, and the Landlord, Fullerton Tucson Marketplace Shops F, LLC, was represented by Chad Russell of Land Advisors Organization in this lease transaction.
OFFICE – 1661 N SWAN RD., TUCSON
Jennifer Balistreri leased 965-square-feet of office space in the Smart Building, 1661 N. Swan Road. David Montijo and Damian Wilkinson of CBRE represented the landlord, DHS Property Investments, in the transaction.
OFFICE – 4733 E. BROADWAY BLVD., TUCSON
Freeway Insurance Services of Arizona, Inc. subleased office space at 4733 East Broadway Boulevard from Academy of Driving, Inc.. Freeway insurance is a division of Confie, a national insurance brokerage with over 700 locations nationwide, and will offer automotive and other types of insurance within the “Motor Vehicle Center,” a comprehensive third-party provider of MVD services. Kevin Volk and Terry Dahlstrom of Volk Company handled the sublease.
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