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Completed Sale/Lease Transactions (January 20-24, 2020)

 

SALE

 

Pelm Properties, LLC purchased 12,796 square feet of multifamily space from My Best Home Ever, LLC.  Blacklidge and Presidio Student Housing, a 32-unit apartment complex located at 2901-2905 E. Blacklidge Dr. and 2912- 2916 E. Presidio Rd. in Tucson, was purchased for $1,575,000.  Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

S&S Thathi, LLC purchased Buck’s Fuel Center, located on the southwest corner of 1st Ave. and River Rd. in Tucson, from Franklin & Patrice, LLC.  The property, which was recently rebranded as a Chevron station, was purchased for $640,000.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Outlook Real Estate Group, LLC purchased Snug Harbor Mobile Home Park from OSK II, LLC for $575,000.   The all-age mobile home community, consisting of 27 mobile home spaces and two, single-family residences, is located at 6329 & 6347 S. Fontana Ave. and 6343 & 6350 S. Consolidated Ave. in Tucson.  Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction.  Jason Butler with R.O.I. Properties, LLC, represented the seller.

 

LEASE

 

Lisco, renewed their lease with 845 E. Ohio, LLC for 20,000 square feet of industrial space.  Lisco Discount Sales is Tucson’s premier discount retail warehouse offering shoppers high-quality products at discount prices. They are located in the Park Avenue Industrial Center, 845 E. Ohio St., Suites 107/109.   Brandon Rodgers, SIOR, CCIM, and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Colossal Consulting, LLC leased 5,175 square feet of industrial space located at 3450 S. Broadmont Dr., Suite 108 in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Soka Gakkai International – USA (SGI-USA) leased 4,200 square feet of retail space, located in Marketplace at Broadway on the southwest corner of Broadway Blvd. and Campbell Ave. in Tucson, from Broadway Tucson Investors, LLC.  Cushman  & Wakefield | PICOR Principals and Retail Specialists handled this transaction.  Greg Furrier and Rob Tomlinson represented the landlord; Dave Hammack represented the tenant.

 

Mike Bloomberg 2020, Inc. leased 2,614 square feet of office space located in Broadway Midtown Courtyard Plaza, 2536 E. Broadway Blvd. in Tucson, from LLJ Holdings, LLLP.  Cushman & Wakefield | PICOR Office Specialists handled this transaction.   Ryan McGregor and Molly Gilbert represented the landlord; Richard M. Kleiner, MBA, represented the tenant.

 

Cloudbase Ventures, Inc., dba The Office Express, leased 701 square feet of office space located at 7290 E. Broadway Blvd., Suite 100 in Tucson, from Swan Court, LLC.  Ryan McGregor and Molly Gilbert, Office Specialist, with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

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