The following commercial leases were reported to the Real Estate Daily News for the Tucson and Phoenix Lease Report from April 10 thru 14, 2017.

OFFICE – 5151 E. BROADWAY BLVD., TUCSON
Bayview Loan Servicing, LLC leased 39,627-square-feet of office space at 5151 E. Broadway Blvd. in Tucson, Suites 300, 900 and 1400, from KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC and Tucson 5151 Investments, LLC.  This marks a major expansion into the Tucson marketplace for this company, which is estimated to bring several hundred new jobs to our community over the next year.  Rick Kleiner, MBA and Tom Nieman, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Brandon Clarke with Cresa Phoenix represented the tenant.

INDUSTRIAL – 3801 E. 34th ST., TUCSON
Intelight, Inc. leased a 17,810-square-foot, multi-tenant industrial building from AP & D Investments, LLP. The property, situated in the Alvernon Business Center in Tucson, is located at 3801 E. 34th St., Suites 102 – 105.  Cushman & Wakefield | PICOR handled this transaction.  Rob Glaser, SIOR, CCIM, Industrial Specialist, represented the landlord; Ron Zimmerman, Commercial Specialist, represented the tenant.

INDUSTRIAL – 4030 N. HIGHWAY DR., TUCSON
The Fishel Company leased 10,760-square-feet at 4030 N. Highway Dr. in Tucson, from Orvieto Investments, LLC.  The company (also known as Team Fishel) provides engineering, construction, management, and maintenance services for electric and gas utility and communications infrastructure projects. The aerial and underground utility contractor designs and builds distribution networks for telecommunications, cable and broadband television, gas transmission and distribution, and electric utilities throughout the U.S.  Russell W. Hall, SIOR, GSCS, and Stephen D. Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.   Ron Zimmerman, Commercial Specialist, represented the tenant.

OFFICE – 5210 E. WILLIAMS CIRCLE, TUCSON
Academy Mortgage Corporation leased 8,305-square-feet from WC Partners, General Partner for their new Tucson location at 5210 E. Williams Circle, Suite 500.  Isaac Figueroa, Office Specialist with Cushman & Wakefield | PICOR represented the tenant in this transaction.

INDUSTRIAL – 3450 S. BROADMONT DR., TUCSON
Yarbrough Electronics Sales, Inc. leased a 7,905-square-foot industrial building located at 3450 S. Broadmont Dr., Suite 124 in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 1501 S. CHERRY AVE., TUCSON
Cummins, Inc. has leased 7,050-square-feet at 1501 S. Cherry Avenue, Tucson. The Facility has been leased for three years for an engine facility.  Dean P. Cotlow of Cotlow Company represented the landlord and Joe Vale of Newmark Grub Knight Frank represented Cummins.

RETAIL – 1830 E. BROADWAY BLVD., TUCSON
MobileOne, LLC leased 4,300-square-feet in The Marketplace On Broadway, located at the southwest corner of Broadway Blvd. and Campbell Ave. in Tucson, from Broadway Tucson Investors, LLC.  Greg Furrier and Rob Tomlinson, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

INDUSTRIAL – 4201 S. SANTA RITA AVE., TUCSON
Cintas Corporation leased 4,037-square-feet. of industrial space at 4201 S. Santa Rita Avenue. Tim Healy and Bob Delany of CBRE represented the tenant. The landlord, Swain Chapman, represented themselves in the transaction.

RETAIL – 1765 E. RIVER RD., TUCSON
Seis Dos, LLC, doing business as Seis Kitchen and Catering, leased 3,287-square-feet of restaurant space at 1765 E. River Road in the Joesler Village Shopping Center. This location will be in addition to their current location at Mercado San Agustin. James Hardman of DSW Commercial represented the tenant. Michael Laatsch of CBRE represented the landlord, Mercado De Joesler, LLC, in the transaction.

RETAIL – 1765 W. VALENCIA RD., TUCSON
Starbucks Corporation leased 3,000-square-feet of retail space at 1765 W. Valencia Rd. in Tucson, from Steamroller Pad, LLC.  The MidVale Park location, W. Valencia Rd. & S. Indian Agency Rd., will be the newest site in the area for this popular coffeehouse.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

OFFICE – 622 N. COUNTRY CLUB RD., TUCSON
Open Form, LLC renewed and also expanded their lease with Siegmund Properties, LLC for a total of 1,900-square-feet at 622 N. Country Club Rd., Suites D and E, in Tucson.  Isaac Figueroa and Jeff Zellet, with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tenant Phone: 520.477.9623

RETAIL – 7800 E. WRIGHTSTOWN RD., TUCSON
Via Montessori Preschool, LLC has leased 1,800-square-feet at 7800 E. Wrightstown Road in the Catalina Village Shopping Center, from GSMS 2005-GG4 Wrightstown Road, LLC.  Andrew D. Sternberg of Oxford Realty Advisors represented the Tenant and Jake Ertle of Rein & Grossoehme in Phoenix represented the Landlord in the transaction.

OFFICE – 6595 N. ORACLE RD., TUCSON
Mulgrew Properties leased 1,578-square-feet of office space at 6595 N. Oracle Road in the Los Altos Plaza. Kevin Volk of Volk Company represented the tenant. Ian Stuart and Bruce Suppes of CBRE presented the landlord, JSN, LLC, in the transaction.

OFFICE- 205 W. GIACONDA WAY
InTech Health Ventures, Inc. leased 1,572-square-feet of office space at 205 W. Giaconda Way, Suite 115 in Tucson, from Giaconda 205 Partners, LLC.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

RETAIL – NW CORNER of FIRST AVE. & WETMORE, TUCSON
Liberty Tax has renewed their lease at Tucson Place Shopping Center, located on the NW corner of First Ave. and Wetmore Rd. Andy Seleznov and Melissa Lal, Larsen Baker, represented the Landlord.

RETAIL – 9055 E. CATALINA HWY., TUCSON
Agility Fitness has renewed their lease at Bear Canyon Shopping Center, located on the NW corner of Tanque Verde Rd. and Catalina Highway. Andy Seleznov and Melissa Lal, Larsen Baker, represented the Landlord.

RETAIL _ 9055 E. CATALINA HWY., TUCSON
Crossfit Fixx has renewed their lease at Bear Canyon Shopping Center, located on the NW corner of Tanque Verde Rd. and Catalina Highway. Andy Seleznov and Melissa Lal, Larsen Baker, represented the Landlord.

PHOENIX LEASES

RETAIL – 6750 THUNDERBIRD ROAD, PHOENIX, AZ
A lease for 3,197-square-feet in Thunderbird Wellness Centre to NBC Operations was recently consummated.  The location of the property is 6750 Thunderbird Road in Peoria, AZ.  The owner of the center is MPG PHX-Thunderbird, LLC. Katie Mclntyre of CBRE represented the owner and Jake Ertle of Rein & Grossoehme CRE represented the tenant.

OFFICE – 2615 W BETHANY HOME ROAD, PHOENIX, AZ
A lease for 1,700-square-feet to Driven Insurance Services Inc. was recently consummated.  The location of the property is 2615 W. Bethany Home Rd. in Phoenix, AZ. The owner of the center is Rubenstein Family Partnership.  Kevin Roessler of Rein & Grossoehme represented the tenant.

RETAIL – 7910 W THOMAS RD., PHOENIX, AZ
A lease for 1,447-square-feet Desert Sky Station to Famous Cutz was recently consummated.  The location of the property is 7910 W. Thomas Rd. in Phoenix, AZ. The owner of the center is Marjorie Strough Trust.  Kevin Roessler of Rein & Grossoehme represented the owner and tenant.

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