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Completed Sale/Lease Transactions (January 1-10, 2019)

SALE

 

Nido 1, LLC purchased Nido de Sahuaro Apartments, a 20-unit apartment complex located at 240 W. Sahuaro St. in Tucson.   The 8,640 square-foot multifamily property was purchased from All N Investments, LLC for $1,080,000. Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

RJW InvestmentsIII, LLC purchased 5.71 acres of vacant land from Precision Shooting Equipment, Inc.  The industrial land parcel, located on Glenn St., West of Fairview Ave. in Tucson, was purchased for $497,455.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Tim Healy with CBRE, Tucson, represented the buyer.

 

ABCO Solar, Inc. purchased 4,768 square feet of office space located at 2505 N. Alvernon Way in Tucson.  The single-tenant, free-standing building was purchased from the Niesen Family for $323,000.  Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

Community Resource Center, Inc. purchased a 1,326 square-foot industrial property located at 1326 W. Pastime Rd. in Tucson.   The stand-alone, single-tenant building was purchased from Steven and Patricia Inouye for $120,000.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

LEASE

 

Southwest Ambulance of Tucson, Inc. leased 21,000 square feet of industrial space at 3759 N. Commerce Dr., and 2443 and 2743 W. Majestic Way in Tucson, from West Partners Too, LLC.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, and Michael Sharapata and John Ruskin with Jones Lang LaSalle Americas, Inc., represented the tenant in this transaction.

 

BHP Copper leased 8,025 square feet of industrial space at 4429 N. Highway Dr. in Tucson from Wheeler Family Revocable Trust.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Dean Cotlow with Cotlow Company, represented the landlord.

 

Van Marcke Trade Supply, Inc. renewed their lease with Grant Clover Commons, LLC for a total of 4,800 square feet of industrial space located in Grant Interstate Commons, 1121 W. Grant Rd., Suites 401-404 in Tucson.  Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Pursuit Fitness leased 3,527 square feet of retail space from Orange Grove Center, LLC.  Pursuit Fitness & Performance, located in The Shoppes at Orange Grove, 3805 W. River Rd. in Marana, will offer group and semi-private personal training classes for people of all ages.  Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Kevin Volk and Jeramy Price with Volk Company, represented the landlord.

 

Harmony Hospice, LLC renewed their lease with El Dorado Ventures, LLC for 3,328 square feet of office space in El Dorado Square, 1200 N. El Dorado Pl., Suite B-200 in Tucson.  Principal, Thomas J. Nieman and Molly Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Grace Kingdom Church of God leased 2,800 square feet of industrial space located in 29th Street Business Park, Suites 5037 E. 29th St. and 5041 E. 29th St. in Tucson, from Presson Corporation.  Cushman & Wakefield | PICOR handled this transaction.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, represented the landlord in this transaction.  Rob Tomlinson represented the tenant.

 

RJP-AZ, LLC renewed their lease for 2,782 square feet of office space at 5151 E. Broadway Blvd., Suite 750 in Tucson, from KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC.  Thomas J. Nieman and Richard M. Kleiner, MBA, Principals and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Robert Lundstedt with DAUM Commercial Real Estate Services, represented the tenant.

 

Brown and Caldwell renewed their lease for 1,311 square feet of office space at 333 E. Wetmore Rd., Suite 165 in Tucson, from Tucson West, LLC.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, and Dean Panfili with Cushman & Wakefield, Walnut Creek, represented the tenant in this transaction.  Philip Skillings and Andrew Sternberg with NAI Horizon, represented the landlord.

 

Brein Wankel leased 1,200 square feet of industrial space in Commerce Plaza, 245 S. Plumer Ave., Suite 31 in Tucson, from Plumer Partners, LLC.  Robert C. Glaser, SIOR, CCIM and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

RJ Weatherholt, LLC, dba Align Counseling Services, leased 1,067 square feet of industrial space in Midway Business Park, 4500 E. Speedway Blvd., Suite 5 in Tucson, from Presson Midway, LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Barrie Herr with Long Realty Company, represented the tenant.

 

Yin Yang Balance leased 990 square feet of office space in West Grant Centre, 1955 W. Grant Rd., Suite 150 in Tucson, from WestGrant Investors, LLC.  Molly Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

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