The following commercial leases were reported to the Real Estate Daily News for the Tucson Commercial Lease Report from November 14 thru 18, 2016.
OFFICE – 5431 W. WILLIAMS CIRCLE, TUCSON
Centene Management Company, LLC renewed their lease for 12,239-square-feet of office space at 5431 E. Williams Circle, Suite 101B in Tucson from WCCP Williams Tech, LLC. Rick Kleiner, Office Specialist with Cushman & Wakefield | PICOR, and Scott Bazoian with Cushman & Wakefield (St. Louis, MO.), represented the tenant. Landlord represented themselves in this transaction.
RETAIL – 4158 W. INA RD., MARANA
J & L Family Automotive Repair, LLC leased a 5,100-square-foot automotive repair facility located in Regency Plaza, 4185 W. Ina Rd. in Marana, AZ., from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules="58038"]Asking lease rate: $1.47 SF/MO Modified Gross[/mepr-show]
INDUSTRIAL – 3860 S. PALO VERDE RD., TUCSON
Laser Electronics, LLC leased 2,364-square-feet in Palo Verde Business Center, 3860 S. Palo Verde Rd., Suites 317-318 in Tucson, from Palo Verde Trust Partners, LLC. Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. [mepr-show rules="58038"]Asking lease rate: $0.63 - $0.64 SF/MO Modified Gross; Tenant Phone: 520.747.0038[/mepr-show]
INDUSTRIAL – 3534-3538 N. ROMERO RD., TUCSON
Maverick Petroleum Services, Inc. renewed their lease for 1,500-square-feet at 3534–3538 N. Romero Rd., Suite 178 in Tucson, from Costa Verde Investments, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. [mepr-show rules="58038"]Asking lease rate: $0.64 SF/MO Modified Gross, Tenant Phone: 520.887.3904[/mepr-show]
RETAIL – 2351 N. ALVERNON WAY, TUCSON
Farah Market, LLC has leased 1,450-square-feet at 2351 N. Alvernon Way, Suite 191, for 60 months, from Maqsood & Sons, LLC. Farah Market is a specialty market. Robert J. Nolan of Oxford Realty Advisors represented the Tenant and Landlord in the transaction. [mepr-show rules="58038"]Asking lease rate: $0.63-$0.75 SF/MO Modified Gross[/mepr-show]
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