Tag Archives: Buzz Isaacson

Low Level Aerial view of Downtown Tucson, Arizona

One South Church attracts 22KSF of new office tenants

CBRE recently negotiated long-term office leases with major tenants at One South Church, the landmark building in downtown Tucson, Ariz. Global engineering firm HDR has leased 9,659 square feet of space, while Regus, the world’s largest provider of flexible work space, has inked a deal for the entire 12,659-square-foot 12th floor.

Buzz Isaacson with CBRE’s Tucson office represented the landlord, Chicago, IL-based Equity Commonwealth. Kevin Calihan with CBRE’s Phoenix office represented Regus, and Pat Williams with JLL’s Phoenix office represented HDR.

Regus’s lease marks its entrance to the Tucson market. The company has an expansive presence in Phoenix with 21 locations Valley-wide in the best office building in almost every submarket in the metropolitan area.

We’re very excited about the Tucson market,” said Rob Downing, Regional Director of Real Estate for Regus. “The Southwest, and Arizona, in particular, has been a focus for us over the past several quarters. Our Phoenix centers are performing exceptionally well, but our clients were regularly inquiring about locations in Tucson. With the space at One South Church we will finally be able to meet that demand.”

Regus’s new center is currently undergoing tenant improvements to ensure the company will be able to offer its full suite of flexible workspace solutions to the Tucson market. The new work center is slated to open in mid December. Regus is also in the process of identifying a second location in north Tucson with hopes to open that work center sometime in 2015.

HDR relocates to One South Church from their previous location at Williams Centre. The global engineering firm played a major role in bringing the Sun Link Modern Streetcar project to fruition and this move brings the company right onto the streetcar’s 3.9-mile route.

Regus and HDR are excellent examples of companies seeing the value of locating in amenity-rich downtown Tucson,” said CBRE’s Isaacson, who has held the marketing and leasing assignment for One South Church since 1986 and has brokered the sale of the building twice. “There has definitely been a demographic shift toward urban, live-work-play environments. Smart employers recognize that in order to attract and retain top talent they need to locate in areas that offer the “lifestyle” type of work environments employees want.”

Built in 1986, One South Church is Tucson’s premier high-rise office building. Located in the heart of downtown Tucson, the 23-story office tower is located in one of Tucson’s three major employment centers, along with the University of Arizona and Tucson International Airport. Located along the new Sun Link Modern Streetcar route and within minutes of Interstate-10, which boarders the west side of downtown, the property benefits from easy accessibility as well as the numerous retail amenities located in the area.

La Canada Retail Center, courtesy of CBRE

CBRE reports recent Tucson transactions

CBRE’s Tucson office has released the following recent leasing transactions for the greater Tucson area:

Food Conspiracy Co-Op has purchased a 6,500-square-foot mixed-use property on one acre located at 425 E. 7th St. in Tucson from Hoff-7th, LLC. The locally-based, full-service consumer cooperative specializing in natural foods leased the property two years ago with an option to buy. Buzz Isaacson with CBRE’s Tucson office represented the seller in the $650,000 transaction. Food Conspiracy was represented by Quentin Bryson with Quentin Bryson Co. Realtors, Inc.

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G-Nails has leased 1,200 square feet of retail space at Crossroads East Shopping Center. The landlord, Crossroads East, was represented by Nancy McClure and Michael Laatsch with CBRE’s Tucson office. The tenant was self-represented.

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Parenting Forward in Tucson has leased 1,565 square feet of office space at 1430 E. Fort Lowell in Tucson. The landlord, a joint venture between AEH Investors III and PMH Investors III, was represented by David Montijo and Jeff Casper with CBRE’s Tucson office. The tenant was self-represented.

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Crandell Glass and Aluminum has leased 6,562 square feet of industrial space at Copperpoint Business Park located at 3591 Michigan St. in Tucson, Ariz. The landlord, San Diego, Calif.-based Copperpoint Business Park, LLC, was represented by Tim Healy and Robert De Laney with CBRE’s Tucson office. The tenant was self-represented.

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Full Circle Holdings, Inc. which will operate as ZPizza has leased 2,059 square feet of retail space at La Canada Retail Center located at 11165 N. La Canada Rd. in Tucson. The landlord, La Canada Retail, was represented by Peter Villaescusa and Jesse Person with CBRE’s Tucson office. The tenant was represented by Rob Curcio with Marquez Peterson Group. ZPizza is a pizza chain from California. This will be the first location in Tucson.

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Drivin Communications has leased 2,500 square feet of incubator space at 3760 S. Park Ave. in Tucson. The landlord, Park Ajo Associates, was represented by Tim Healy and Robert De Laney with CBRE’s Tucson office. The tenant was self-represented.

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Fidelity National Title has leased 3,700 square feet of office space at Nova Financial Center located at 6245 E. Broadway Blvd. in Tucson. The landlord, Tucson Office Plaza, LLC, was represented by David Montijo with CBRE’s Tucson office. The tenant was represented by Tom Imparato with Orion Realty Group in Phoenix.

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L & D Holdings, LLC has purchased the salvage yard at 3102-3126 E. President St. in Pima County comprising 4,044 square feet of improvements on .98 acres.  The seller was Country Club & I-10, LLC.  The buyer was represented by Ian Stuart and David Blanchette with CBRE’s Tucson office. The seller was represented by Norman Hoegger with Norman Hoegger Realty.  The buyer was previously a tenant of the property.

58 W. Congress St., Tucson, Ariz.

CBRE reports recent Tucson transactions

CBRE’s Tucson office has released the following recent leasing transactions for the greater Tucson area:

Ridgewood Associates, a full-service public relations and integrated marketing communications firm, has leased 2,378 square feet of office space at the Pioneer Building located at 100 N. Stone Ave. in Tucson, Ariz. Ridgewood Associates was represented by David Montijo and Bruce Suppes with CBRE’s Tucson office. The landlord, Holualoa Pioneer, LLC, was also represented by Bruce Suppes in addition to David Volk of CBRE.

Street Taco and Beer Co. has leased 2,233 square feet of restaurant space at 58 W. Congress in downtown Tucson. The landlord, BC Limited, LLC, was represented by Buzz Isaacson with CBRE’s Tucson office. The tenant was self-represented.

Batteries Plus has leased 1,400 square feet of retail space at Tucson Spectrum shopping center located at 1725 W. Irving Rd. in Tucson. The landlord, DDR Tucson Spectrum II, LLC, was represented by CBRE’s Nancy McClure, Jayme Fabe and Michael Laatsch. The tenant was represented by Steffan Cione with Cione Company.

Arizona Pizza, Inc. has leased 1,500 square feet of retail space at Southgate Shopping Center located at 3346 S. 6th Ave. in Tucson. The landlord, Red Mountain Asset Fund, LLC, was represented by CBRE’s Jayme Fabe. Arizona Pizza, Inc. was represented by Debbie Heslop with Volk Co.

Community Extension Programs, Inc. (CEP) has purchased a 2,760-square-foot office space at La Cholla Corporate Center in Tucson. The Tucson-based non-profit organization, which provides extended care and education and enrichment for schools in Tucson and Oro Valley, purchased the property from Orca, LLC. CBRE’s David Montijo and Jeff Casper represented the seller in the $469,200 transaction. CEP was represented by Esther Empens with Tierra Antiqua Realty.