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Completed Sale/Lease Transactions for the Week of October 21-25, 2019

 

SALE

Luscombe, LLC purchased 5,227 square feet of industrial space located at 5225 S. Swan Rd. in Tucson.  The single-tenant industrial property was purchased from Swan Road Partners, LLC for $600,000.  Ron Zimmerman and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, represented the buyer in this transaction.  Chris Tsighis with Coldwell Banker, represented the seller.

 

Eman M. Basha purchased a former day care center located at 4826 E. Pima St. from REDUS One, LLC for $230,000.  Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, handled the transaction.

 

LB & CB Investments, LLC purchased Ventura Apartments, a 3,530 square-foot apartment complex located at 238 W. Ventura St. in Tucson.  The 11-unit, multifamily property was purchased from Alan S. Wortzel for $200,000.  Allan Mendelsberg, Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

LEASE

Bodycentral Physical Therapy, PC leased 3,893 square feet of office space in Monte V Corporate Center, 3501 E. Speedway Blvd. in Tucson, from Monte V, LLC.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Janine Irvin with Mark Irvin Commercial Real Estate Services, LLC, represented the tenant.

 

Persnickety’s Boutique, LLC renewed their lease with CAS Real Property, LP for 3,200 square feet of retail space in Placita Del Norte Shopping Center.  Persnickety’s, a new and resale clothing and accessory boutique, is located at 5811-5813 N. Oracle Rd. in Tucson.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

CJS Enterprises, LLC, dba Cory Jean Success, leased 1,890 square feet of office space in North Tucson Business Center, 3845 N. Business Center Dr., Suite 111 in Tucson, from NTBC Trust Partners, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Ni Hao Tea, LLC (Boba Tea) leased 1,500 square feet of retail space in Swanway Plaza from Swanway Investors, LLC.   Swanway Plaza, anchored by Planet Fitness, Guitar Center and Walgreens, is located on the southeast corner of Swan Rd. and Broadway Blvd. in Tucson.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

Jeff Ell, P.C., d.b.a., Ell Real Estate Group, leased 1,467 square feet of office space in Ina Executive Center, 3295 W. Ina Rd., Suite 135 in Tucson, from Ina Executive Center, LLC.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Kevin Volk with Volk Company, represented the tenant.

 

Act Fast Delivery of Tucson, Inc. renewed their lease for 1,376 square feet of industrial space in Alvernon Business Center, 3865 E. 34th Street, Suite 106 in Tucson, from A & P Investments.  Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Bella Window and Door, LLC leased 1,067 square feet of industrial space in Midway Business Park, 4500 E. Speedway Blvd., Suite 6 in Tucson, from Presson Midway, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Cut Color Polish, LLC renewed their lease with CH Retail Fund I / Tucson Plaza Centro, LLC for 1,000 square feet of retail space in Plaza Centro, located at 345 E. Congress St. in downtown Tucson.  Principal Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

Arizona Auto Savings renewed their lease with CAS Real Property, LP for 990 square feet of retail space in Placita Del Norte Shopping Center, 5823 N. Oracle Rd. in Tucson.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

Edwards Financial Services leased 550 square feet of office space in Giaconda East, 205-215 W. Giaconda Way, Suite 107 in Tucson, from Giaconda 205 Partners, LLC.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, handled this transaction.

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