Michael Coretz

Principal

4525 E. Skyline Suite #113 Tucson, Arizona, 85718 USA
+1 (520) 770-9221

Languages:

English

Tucson, AriZona

Commercial Real Estate

Commercial Real Estate Group of Tucson, LLC

Michael Coretz has over 22 years of real estate experience and specializes in corporate tenant representation. As a principal of ITRA/Commercial Real Estate Group of Tucson Mr. Coretz is a multi-market transactional specialist in corporate tenant representation, personally overseeing all aspects of client work relative to lease negotiation, financial analysis, site selection, and legal document structure. Mr. Coretz is well versed in managing multiple requirements throughout the country for his clients, taking full advantage of ITRA depth of resources and combining our local expertise with a proven process to afford his clients quality results on a consistent basis.

In 2001 Michael Coretz published De-Mystifying Commercial Leasing, A Tenant’s Guide To Leasing Commercial Real Estate. His book demonstrates numerous ways to save a business hundreds, perhaps thousands, of dollars. Most tenants, when negotiating a lease agreement, are not aware of the vast array of money-saving tips offered by Michael in his book. Michael’s primary objective is to provide information that will enhance the knowledge of those not fully conversant in leasing.

Services

Tenant Representation

• Broker Opinions of Value

• State & Local incentives

FASB & Accounting Consulting

• Site Selection

Leasing & Renewals

Subleasing, Assignment, Disposition

• Purchase & Owner/Users

• SBA Financing Expertise

• 1031 Exchanges

• Commercial Condos

Sale Lease-backs

Practice Areas

• Medical & Dental

• Biotech & Life-sciences Laboratories

• Data-center & Colocation centers

• Law firms

• Office

• Industrial

• Light manufacturing & Shop

• Warehouse & Storage

• Distribution centers

• Flex & R&D Showrooms

Following are some interesting facts about Tucson and its commercial real estate market…

  • More than 200 aerospace and defense companies employ as many as 30,000 people and generate $5 to $6 billion in annual revenue. That ranks Tucson among the top 5 U.S. metropolitan areas for its concentration of employment in the industry.
  • Local companies benefit from well-trained military personnel who have served at Davis-Monthan Air Force Base and Fort Huachuca, who then return to the area to continue their professional careers.
  • The University of Arizona remains in the forefront of space exploration, most recently with the wildly successful Phoenix landing mission to Mars.
  • World-class innovators that have located here include Ventana Medical Systems, High Throughput Genomics, Accelerate Diagnostics, and the Critical Path Institute.
  • Five specialized centers and more than 100 bioscience companies create a collaborative, supportive atmosphere that incubates and brings to market innovative research and development.
  • Tucson is the only Solar America City located in an area the federal government defines as having excellent resource potential for solar energy.
  • More than 150 transportation and logistics providers support export-oriented sectors.
  • Two interstate highways and Union Pacific’s mainline provide easy access to Phoenix, Houston, California, Mexico, and points beyond.