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Completed Sale/Lease Transactions for the Week of November 11-15, 2019

 

SALE

Cornerstone Electra Properties, LLC purchased 1.50 acres of vacant land from Swan Industrial, LLC and Kazolt, LLC.  The industrial land property, located in Swan Industrial Park, 4567 E. Eco Industrial Pl. in Tucson, was purchased for $96,255.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. John Hamner and Julian Willetts with RE/MAX Excalibur, represented the buyer.

 

LEASE

 

Windwalker Woodworks, LLC leased 5,551 square feet of industrial space in Butterfield Technology Center, 4775 S. Butterfield Dr., Suite 175 in Tucson, from Butterfield Technology Center, LLC.  Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, and Andrew Seleznov with Larsen Baker, LLC, handled this transaction.

 

Sequoia Spas & Saunas, Inc. leased 2,706 square feet of industrial space in Palo Verde Business Center, 3820 S. Palo Verde Rd. in Tucson, from Palo Verde Trust Partners, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Secure Lane, LLC leased 1,200 square feet of industrial space located in South Dodge Business Center, 3220 S. Dodge Blvd., Suite 8 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Spreading Threads Clothing Bank leased 1,200 square feet of industrial space in Exchange Place Business Center, 1870 W. Prince Rd., Suite E-54 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Esther Empens with Tierra Antigua Realty, represented the tenant.

 

Papa’s Barber Shop leased 1,150 square feet of retail space from Eastpoint Kolb Investors, LLC.  Papa’s, located in Eastpoint Marketplace on the southwest corner of 22nd St. and Kolb Rd. in Tucson, provides hair styling and barber shop services for the entire family.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

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