Ross Inks Deal At 191,000-SF Campbell Plaza

TUCSON, AZ-Less than six months after signing Staples to 20,388 square feet at the 181,131-square-foot Campbell Plaza, the retail center’s owners have inked a long-term deal with Ross Dress for Less. The apparel store is taking 30,178 square feet while other tenants shift to make room.

Tenants impacted by the Ross deal include ACE Hardware, Alvernon Optical and PostNet. To accommodate the clothing retailer, ACE signed a new lease for 16,904 square feet elsewhere in the center, while Alvernon Optical will relocate to 2,838 square feet at the south end-cap. PostNet will also shift its 1,325-square-foot space elsewhere in the center, which is at 2802-2990 N. Campbell Ave. The quoted lease rate for space is $18 per square foot, triple net.

Nancy McClure, first vice president with CB Richard Ellis’ Tucson office says the tenants were very cooperative and patient throughout the negotiation process. McClure, who represented center owners Holualoa Arizona of Tucson and Phoenix-based Pacific Ridge Properties, says the first goal is to build out ACE’s space, and permits are in hand to begin that work. “Then we’ll start on the Ross build-out,” she comments. “Ross should be able to move in there by late 2009, or early 2010 at the latest.”