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CBRE Closes Three Deals in Tucson

Industrial:

  • Calvary Christian Fellowship of Tucson has leased 17,100-square-feet of industrial space at North Tucson Business Center 3850 and 3875 N. Business Center Dr. in Tucson. Peter Villaescusa and Jesse Peron of CBRE’s Tucson office represented the tenant in negotiating the lease agreement. The landlord, Wilson Property Services of Phoenix, Ariz., was represented by Rob Glaser and Sarah Rushing of Picor Commercial Real Estate in Tucson. The tenant took occupancy in mid-September.

Retail:

  • Kalina Russian Restaurant of Tucson has leased 2,750 SF of retail space at Bear Canyon Shopping Center at 8987 E. Tanque Verde Rd. in Tucson. Peter Villaescusa and Jesse Peron of CBRE’s Tucson office represented the landlord, Bear Canyon Associates LLC of Tucson, in negotiating the lease agreement. This lease marks an expansion for Kalina, which previously occupied the neighboring 1,400 SF space.
  • JB Restaurants IV LLC of Tucson has leased 2,400 SF of retail/restaurant space the River Crossing shopping center located at 2040 W. River Rd. in Tucson. Peter Villaescusa and Jesse Peron of CBRE’s Tucson office represented the tenant in negotiating the lease agreement. The landlord, La Cholla & River Road Associates LLC of Phoenix, was represented by Craig Finfrock of Commercial Retail Advisors in Tucson. JB Restaurants will operate as Jerry Bob’s restaurant and will open later this year.