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Completed Sale / Lease Transactions (May 1-14, 2020)

 

SALE

 

AutoZone Parts, Inc. purchased a 9,016 square-foot, single-tenant retail building, located at 1967 S. Main St. in Snowflake, AZ., from Belly Button, LLC for $510,000.  Dave Hammack and Rob Tomlinson, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Philip Bramsen with San Tan Commercial Advisors, LLC, Chandler, AZ., represented the buyer.

 

The Eliason Family Living Trust purchased two industrial buildings located at 175 W. Plata St. and 1820 N. 10 Ave. in Tucson.  The office/warehouse property, totaling 5,242 square feet, was purchased from A & K Team, LLC for $510,000.  Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. Timothy Bathen with Arizona Acquisition Strategies, represented the seller.

 

TMC Holdings Inc. purchased a 3,963 square-foot bank building, located at 5310 E. Grant Rd. in Tucson, from the University of Arizona Foundation for $400,000.  In a related transaction, the single-tenant property was then leased by Wells Fargo Bank from TMC Holdings Inc.  Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the buyer/landlord in these two transactions.  Nancy McClure with CBRE, represented the tenant.

 

Plaza De Luna, LLC purchased 2.50 acres of industrial land from Tucson Electric Power Company.  The vacant land, located at the southwest corner of La Cholla Blvd. and the Rillito Wash in Tucson, was purchased for $75,000.  Cushman & Wakefield | PICOR handled this transaction.  Brandon Rodgers, SIOR, CCIM, Principal and Industrial Specialist, represented the seller; Thomas J. Nieman, Principal and Office Specialist, represented the buyer.

 

LEASE

 

Horizon Moving & Logistics, LLC sublet 28,356 square feet of industrial space from Synergy Installation Solutions, LLC.  The property site is located in Country Club Commerce Center, 6000 S. Country Club Rd. (Bldg. 3, Suites 124 and 132) in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the sub lessor in this transaction.  Riley Gilbert with Jones Lang LaSalle Americas, Inc., Phoenix, represented the sub lessee.

 

Hydrogeophysics, Inc. leased 5,724 square feet of industrial space located at 3450 S. Broadmont Dr., Suite 100 in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Leah Bogen with Volk Company, represented the tenant.

 

BHP Copper, Inc. renewed their lease with W.V.L.C., LLC  for 5,390 square feet of office space located in the Ridge View Plaza, 180 W. Magee Rd., Suites 134B and 152 in Oro Valley.  Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, and Morgan Relyea Colt with Cushman & Wakefield, Houston, represented the tenant in this transaction.  Michael Gross with Tucson Realty & Trust Co, represented the landlord.

 

A Loyal Companion Canine Swim and Recreation Center leased 3,870 square feet of retail space from Grant/Swan Center, LLC.  Arizona’s only canine indoor swim and recreation center, including a complete dog gym, recreation pool, obedience and therapy dog training, and canine massage is located in the Grant & Swan Shopping Center, on the southeast corner of Grant and Swan Rds. in Tucson.  Greg Furrier and Dave Hammack, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Axis Portable Air, LLC leased 3,300 square feet of industrial space from Ruthrauff Partners, LLC in the Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 180 in Tucson.  Cushman & Wakefield | PICOR Industrial Specialists handled this transaction. Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher represented the landlord; Max Fisher also represented the tenant.

 

Strive Physical Therapy, LLC leased 2,500 square feet of office space located at 3116 N. Swan Rd. in Tucson, from MSK, LLC.  Principal Richard M. Kleiner, MBA, and Diane Carlson, with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Andrew Sternberg with NAI Horizon, represented the tenant.

 

Rocketry Works, LLC leased 2,500 square feet of industrial space from Presson P.V. Eleven, LLC  in Eastpoint Business Plaza, 1603 S. Eastside Loop, Suite 125 in Tucson.  Principal Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Einstein’s Bagels renewed their lease with Sunrise Village Investors, LLC for 2,343 square feet of retail space located in the Sunrise Village Shopping Center, 4708 E. Sunrise Dr. in Tucson.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Freytag Orthodontics, an affiliate of Kansas City-based Fry Orthodontics, leased 2,000 square feet of new retail space at El Corredor Shopping Center, 9740 N. Oracle Rd., Suite 100 in Oro Valley, from Boulder Oro Valley, LLC.  This will be Fry’s 13th location in their system and their 1st opening in Tucson. Aaron LaPrise, Principal with Cushman & Wakefield | PICOR and Mark Arensberg with Colliers International, Kansas City, MO., represented the tenant in this transaction. Deborah Heslop with Volk Company, represented the landlord.

 

Freytag Orthodontics, an affiliate of Kansas City-based Fry Orthodontics, leased 2,000 square feet of to-be-constructed retail space from Cortaro Commercial JV, LLC.  Scheduled to open in 2021, at the northeast corner of I-10 and Cortaro Farms Rd. in Marana, this will be Fry’s 14th location in their system and the 2nd in the Tucson area.  Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, and Mark Arensberg, with Colliers International, Kansas City, MO., represented the tenant in this transaction.  The landlord was represented by Kidder Matthews, Volk Company and DeRito Partners.

 

Aunnis Health Care Services, LLC leased 1,800 square feet of retail space from VIG River Village, LLC, in the River Park Village Shopping Center located at the northwest corner of River Rd. and La Canada Dr. in Tucson.  Principal Dave Hammack and Ramiro Scavo, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Desert Bloom Boutique renewed their lease with Sunrise Village Investors, LLC for 1,454 square feet of retail space located in the Sunrise Village Shopping Center, 4756 E. Sunrise Dr. in Tucson.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Tucson Wellness M.D., LLC leased 1,273 square feet of retail space from Conley Holdings, LLC in Santa Fe Square, 7000 E. Tanque Verde Rd., Suite 5 in Tucson.  Cushman & Wakefield | PICOR handled this transaction.   Principal Dave Hammack and Ramiro Scavo, Retail Specialists represented the landlord.  Principal Richard M. Kleiner, MBA, Office Specialist represented the tenant.

 

Skyline Nails renewed their lease with Sunrise Village Investors, LLC for 1,215 square feet of retail space located in the Sunrise Village Shopping Center, 4760 E. Sunrise Dr. in Tucson.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

T.A.B. Tile and Stone leased 1,200 square feet of showroom space from Orange Grove Center, LLC, at The Shoppes at Orange Grove, located at 3805 W. River Rd. in Marana. Aaron LaPrise and Greg Furrier, Principals and Retail Specialists with Cushman & Wakefield | PICOR handled this transaction.

 

 

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