Tag Archives: Jeff Casper

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.

405 W. Cool Dr, CBRE

ACTUS Biotechnology Leases Office in Oro Valley

CBRE has completed a 1,793-square-foot office lease at 405 W. Cool Dr. in Oro Valley, Ariz. The tenant, technology development company ACTUS Biotechnology, relocates from its current space in Oro Valley in anticipation of growth.

Jeff Casper and David Montijo with CBRE’s Tucson office represented the landlord, Tucson-based Louey Holdings LLC, in negotiating the lease terms. ACTUS, also of Tucson, was represented by Bob Davis and Tom Hunt with Rein & Grossoehme Commercial Real Estate’s Tucson office.

Technology companies continue to be amongst the most active sectors in the Tucson office market,” said CBRE’s Casper. “The growth and success of companies like ACTUS will be essential to help create sustainable momentum in the market.”

Built in 2002, the property is located just north and west of Oracle and Magee Roads. Featuring proximity to amenities and abundant at-door parking, the 10-unit office condo is now 70 percent leased.