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Completed Sale/Lease Transactions (December 19-31, 2019)

 

SALE

 

Lone Cattle Tucson, LLC purchased 1,861 square feet of retail space from Joan McTarnahan, as Trustee of The McTarnahan Family Trust.  The investment sale property located at 7443 E. Broadway Blvd. in Tucson and occupied by Jiffy Lube, was purchased for $725,000.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Braden Crockett with Matthews Retail Group, Inc., represented the buyer.

 

Titan Property Holdings, LLC purchased 9,202 square feet of industrial space located at 2555 N. Jackrabbit Ave. in Tucson.  The single-tenant warehouse property was purchased from Split Commercial Investment, LLC for $615,000.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Bruce Suppes and Ian Stuart with CBRE, Tucson, represented the buyer.

 

Baer Property Holdings, LLC purchased an 8,800 square-foot industrial building located at 1070 E. Mill St. in Tucson.  The single-tenant warehouse property was purchased from Copper State Land, LLC for $550,000.  Paul Hooker, Principal and Industrial Specialist and with Cushman & Wakefield | PICOR, represented the seller in this transaction.  James Robertson and Omer Kreso with Realty Executives Tucson Elite, represented the buyer.

 

LEASE

 

Sundt Construction, Inc. leased 3,300 square feet of industrial space in Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 190 in Tucson, from Presson Scottsdale, LLC.   Cushman & Wakefiled | PICOR Industrial Specialists handled this transaction.  Robert C. Glaser, SIOR, CCIM, and Max Fisher represented the landlord in this transaction.  Paul Hooker represented the tenant.

 

Floor Polish Dance Studio leased 2,914 square feet of industrial space, located at 930 N. Stone Ave. in Tucson, from Thomas Tucker.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Rachel S. Stover, M.D. renewed her lease with El Dorado Ventures, LLC for 2,505 square feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite D-400 in Tucson. Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Anthony Wolter leased 2,057 square feet of office space in Tucson Medical Park, 2375 N. Wyatt Dr., Suite 101 in Tucson, from TMC Holdings, Inc.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

AMCAP Mortgage, Ltd. leased 1,867 square feet of office space at 7426 N. La Cholla Blvd. in Tucson, from AMCCA Properties, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Bruce Suppes with CBRE, Tucson, represented the tenant.

 

Laughton & Laughton, PLLC leased 1,415 square feet of office space in Plaza Palomino, 2910 N. Swan Rd., Suite 204 in Tucson, from Robertson Properties Palomino, Inc. & PNP Investments, LLC.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Phil Skillings with NAI Horizon, represented the landlord.

 

Secondary Marketing Services, LLC renewed their lease with El Dorado Ventures, LLC for 1,405 square feet of office space located in El Dorado Square, 1200 N. El Dorado Pl., Suite H-820 in Tucson.   Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Wingstop, renewed their lease for 1,402 square feet of retail space located at 3122 N. Campbell Ave. in Tucson, from 3122 North Campbell Ave., LLC.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Pat Sheahan with Berry & Doye, LLC, represented the tenant

 

Artisan Salon leased 1,246 square feet of retail space in Crossroads East Shopping Center, 4951 E. Grant Rd. in Tucson, from Machado Living Trust, et al.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Next Gen Automotive, LLC leased 1,236 square feet of industrial space in 29th Street Business Park, 4901 E. 29th St. in Tucson, from Presson Corporation.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Ivonne E. Lucero leased 1,200 square feet of retail space in Plaza Azteca, 3553 S. 12th Ave., Suite 133 in Tucson, from NAI Investments, LLC.  Denisse Angulo, Commercial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Fredrick Van Hook, M.D. renewed his lease with El Dorado Ventures, LLC for 1,190 square feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite B-250 in Tucson.    Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Sabaku Motorsports, LLC leased 1,185 square feet of industrial space in 29th Street Business Park, 5027 E. 29th St. in Tucson, from Presson Corporation.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Lori Nicks with Long Realty Company, represented the tenant.

 

Faircloth Construction, LLC leased 1,067 square feet of industrial space at Midway Business Center, 4500 E. Speedway Blvd., Suite 104 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.

 

Lil Chic Baby Bug Boutique leased 1,032 square feet of retail space located at 5941 E. 22nd St. in Tucson, from HLF Properties, Inc.  Ryan McGregor and Ramiro Scavo with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Michael Cohen leased 1,000 square feet of retail space, located at 4604 E. Grant Rd. in Tucson, from HLF Properties, Inc.  Ryan McGregor and Ramiro Scavo with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

The Miller Family Five Corporation, dba New Pools AZ, leased 920 square feet of industrial space in Exchange Place Business Center, 1870 W. Prince Rd., Suite 49 in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Lane Industries, LLC leased 844 square feet of industrial space in Central Point Business Park, 3959 E. Speedway Blvd., Suite 315 in Tucson, from Central Point Tucson, LLC.  Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Brenovations HVAC, LLC leased 611 square feet of industrial space in South Dodge Business Center, 3320 S. Dodge Blvd. in Tucson, from Presson Corporation.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists, with Cushman & Wakefield | PICOR, handled this transaction.

 

Hospitality Staffing Solutions, LLC leased 528 square feet of office space, located at 4099 E. 22nd St., Suite 111 in Tucson, from Rinly R. Gecosala, M.D., P.C. & Vidal Rilfa G. Living Trust.  Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Old Pueblo Management Group, Inc. renewed their lease with El Dorado Ventures, LLC for 430 square feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite A-145 in Tucson. Principal Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

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