TUCSON—CBRE has negotiated a 58,205-square-foot lease at ABC Retail Center located at 7125 E. Broadway Blvd. in Tucson, Ariz. Floor & Décor, an Atlanta, Ga.-based company in the hard surface flooring market, has leased the building and opened December 12.

Nancy McClure of CBRE's Tucson office and Jeff Kittleson with CBRE Dallas represented the tenant in negotiating the long-term lease agreement. The landlord, ABC Broadway/Kolb Center LLC of Tucson, was self-represented. The exact financial terms of the transaction were not disclosed.

“When evaluating the Tucson market, Floor & Décor wanted to find a location that would be easily-accessible to a large swath of the Tucson population, and Broadway Boulevard near the regional mall and other national retailers achieved that,” said McClure.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.