The select top retail lease signed during the second quarter of 2013 in the Tucson market was at 3931 W. Costco Dr. in the Northwest Tucson Retail submarket. AZ Air Time Jump Center leased 25,815 square feet there, represented by Realty One Group, Inc. Volk Company represented the landlord.
Petco leased 16,098 square feet at 18785 S. Nogales Hwy in the South / SW outlying Retail submarket. Cushman & Wakefield | PICOR represented the landlord, while Big Sky Lake Co. represented the tenant.
Dollar Tree Stores, Inc. signed a 12,000-square-foot lease at 1535-1551 W. Saint Mary's Rd. in the West Tucson Retail submarket. Volk Company represented the landlord, while SRS Real Estate Partners represented the tenant.
In the first quarter, Goodwill Industries leased 15,140 square feet at 3725 E. Fort Lowell Rd. in the Central East Retail submarket. Newmark Grubb Knight Frank represented the landlord, while Whirlygig Properties represented the tenant.
This trend is compared to the U.S. National Retail largest lease signings occurring in 2Q 2013, which include the 255,000-square-foot-lease signed by Von Maur at Riverchase Galleria in the Birmingham market; the 200,000-square-foot-deal signed by Dillards at The Shops at Summerlin Centre in the Las Vegas market; and Nordstrom's 138,000-square-foot lease signed at Ridgedale Center in the Minneapolis market.
The information in this news report is based on CoStar’s Second Quarter 2013 Market Report, a 40+ page comprehensive research report available to CoStar subscribers. To learn more about quarterly research reports and other benefits available to CoStar subscribers, please call 888-226-7404.