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Completed Sale/Lease Transactions (September 1-4, 2020)

 

SALE

 

Louis River, LLC purchased 18,052 square feet of office space located at 6840 E. Broadway Blvd. in Tucson, from WJS Properties, Inc. for $1,150,000.  Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction.  Alexandra Hardie with Buzz Isaacson Realty, LLC, represented the seller.

 

BRinc Sunstone, LLC purchased a 4,140 square-foot, multifamily apartment complex located at 1125 N. 7th Ave. in Tucson.  Sun Stone Apartments a 12-unit facility, was purchased from Vickie L. Fife and Amed Mamood for $720,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Hardeep Cheira purchased 38.0 acres of vacant land located on Apache Point Ranch Rd. in Hereford, AZ.  The commercial land parcel was purchased from Marilyn Yvonne Newman, Successor Trustee to Rex Allen Newman, Trustee of the Rex Allen Newman Living Trust for $325,000.   Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, and  Robert W. Maloney with Tierra Antigua Realty, Sierra Vista, represented the seller in this transaction.  Paul Doherty with Tierra Antigua Realty, Sierra Vista, represented the buyer.

 

LEASE

 

Western States Flooring, Inc. renewed their lease with Peacock Investment Builders Tucson I, LLC for 10,080 square feet of industrial space located at 3741 N. I-10 EB Frontage Rd., Suite 111 in Tucson.  Robert C. Glaser, SIOR, CCIM, and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Corazon Cabinets, LLC leased 5,250 square feet of industrial space located in the Park Avenue Industrial Center, 4700 S. Park Ave., Suites 8-9 in Tucson, from Ohio Street Bldg. No 2 Ltd., LLLP.   Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Dean Cotlow with Cotlow Company, represented the tenant.

 

Air Support, Inc. sublet 4,828 square feet of industrial space in the Country Club Commerce Center, 5990 S. Country Club Rd. (Bldg. 4 Suite 140), in Tucson, from AZ Solar Group, LLC.   Robert C. Glaser, SIOR, CCIM, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the sub-landlord in the transaction.  Nicholas Eggen with Hannay Realty Advisors-Arizona, LP, represented the tenant.

 

Arizona Pipeline Company leased 2,600 square feet of office space in Ruthrauff Commerce Center, 2470 W. Ruthrauff Rd., Suites 110-120 in Tucson, from Ruthrauff Partners, LLC.  Robert C. Glaser, SIOR, CCIM, and Max Fisher, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Kila Randell and Ave Zambrano leased 2,430 square feet of industrial space located in Town Central Business Park, 4959 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.

 

Noell Lauren Gonzalez leased 1,200 square feet of retail space in Midway Business Park, 4500 E. Speedway Blvd., Suite 73 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.

 

Kingdom Disciples leased 827 square feet of office space located in Midpoint Business Park, 3921 E. 29th St., Suite 306 in Tucson, from Presson Midpoint LLC.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

GermFree LLC leased 800 square feet of office space located in Town Central Business Park, 4967 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.

 

 

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