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Completed Sale/Lease Transactions (January 27-31, 2020)

 

SALE

 

Donna Marie Ostermiller Property Trust purchased the brand new Dollar General located at 12059 W. Clark Farms Blvd. in Marana, AZ., from DCM Development Company, LLC for $2,057,000.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Mahlon Tobias with Tobias Commercial, represented the buyer.

 

Waahe Construction, LLC purchased an 8,000 square-foot industrial building located in Grant Road Industrial Park II, 1700 W. Grant Rd. in Tucson.  The single-tenant, flex showroom building was purchased from Farner Family Trust for $520,000.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

302 S. Plumer, LLC purchased a 7,000 square-foot office/warehouse building which will be the new location for Pioneer Pools and Spas.  The industrial warehouse property, located at 302 S. Plumer Ave. in Tucson, was purchased from D.H.P., LLC for $455,000.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

West Partners Too, LLC purchased a 21,000 square-foot industrial facility located in North Tucson Business Park, 3759 N. Commerce Dr. in Tucson.  Occupied by Southwest Ambulance and Rural Metro Fire at the time of sale, the investment property was purchased from MPS Tucson LLC for $4,390,000.  Paul Hooker, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, and Michael Sharapata and John Ruskin, with Jones Lang LaSalle Americas, Inc., represented the buyer in this transaction.

 

LEASE

 

Sonora Quest Laboratories, LLC leased 2,786 square feet of office space in St. Mary’s Medical Pavilion, 1701 W. St. Mary’s Rd. in Tucson, from PMB Tucson, LLC.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Everything is Awesome, dba Bricks & Mini Figs, leased 2,406 square feet of retail space in Continental Plaza, 6145 E. Broadway Blvd. in Tucson, from Heights Properties, LLP.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  James Eagan with Prime Commercial Real Estate, represented the landlord.

 

ProLam Plus, SP renewed their lease for 2,095 square feet of industrial space in Alvernon Business Center, 3865 E. 34th St. in Tucson, from AP & D Investments, LLP.  Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

JSW The Style Lounge leased for 1,977 square feet of retail space in Copper Plaza, 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.

 

That’s The Spot Chiropractic Center leased 1,500 square feet of retail space in La Toscana Village, 7090 N. Oracle Rd. in Tucson, from La Toscana Village, LLC.  Ramiro Scavo, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.  Jesse Peron with CBRE, Inc. represented the landlord.

 

Steven Alan and Brittan Foster leased 789 square feet of office space in Williams Centre, 310 S. Williams Blvd., Suite 150 in Tucson, from DHS Property Investments, LLP.  Principal, Thomas J. Nieman and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

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