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Completed Sale/Lease Transactions (March 22 – April 9, 2021)

 

SALE 

 

 

Becton, Dickinson and Company purchased 32.65 acres of industrial land located in Century Park Marketplace.  Block 1, situated at the northeast corner of Valencia Rd. and Kolb Rd. in Tucson, was purchased from Valencia Kolb Properties, LLC for $4,124,731. Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. William Honsaker with Jones Lang LaSalle Americas, Inc., Tucson, and Jodie Matthews, with Jones Lang LaSalle Brokerage, Inc., Parsippany, NJ, represented the buyer. 

 

Dodge Investors, LLC purchased a 27,495-square-foot, multi-tenant building located at 3215-3275 S. Dodge Blvd. in Tucson.  The industrial property was purchased from El Gato Investment Two, LLC for $1,340,000.  Principal, Stephen D. Cohen and Max Fisher with Cushman & Wakefield | PICOR, represented the seller in this transaction. Brandon Rodgers with BRD Realty, LLC, represented the buyer. 

 

Equilibrium Villas, LLC purchased 11,200 square feet of multifamily space located at 510 W. Sahuaro St. in Tucson.  Sahuaro Apartments, a 23-unit property complex, was purchased from Sahuaro Apartment Associates, LLC for $1,265,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Sun Growth 1, LLC purchased 35.87 acres of industrial land, Sunbelt Lot 3, Parcel A in Tucson, from Sunbelt IC #3, LLC for $984,250.  Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Gordon Wagner with NAI Horizon, represented the buyer. 

 

RNC Arizona, LLC purchased 8,422 square feet of multifamily space located at 2514 N. Geronimo Ave. in Tucson.  Geronimo Apartments, a 19-unit property complex, was purchased from Sarando-Swan, LP for $940,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Popeyes Louisiana Kitchen purchased a 25,000-square-foot retail property located at 6565 E. Grant Rd. in Tucson.  The redevelopment parcel was purchased from SCM 10X Tucson 6565, LLC for $900,000. Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Morgan Danhoff with Velocity Retail Group, Tucson, represented the buyer. 

 

RNC Arizona, LLC purchased 4,470 square feet of multifamily space located at 2520 and 2530 E. Glenn St. in Tucson. Glenn Villas Apartments, a 6-unit property complex, was purchased from Santilli Development, LLC for $730,000. Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Project Alpha, LLC purchased 4,457 square feet of multifamily space located at 329-331 W. Kentucky St. in Tucson.  Kentucky Apartments, a 15-unit property complex was purchased from Sarando-Swan, LP for $680,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Equilibrium Villas, LLC purchased 5,588 square feet of multifamily space located at 3134-3164 N. Fontana Ave. in Tucson.  Fontana Apartments, an 11-unit property complex was purchased from Fontana Ave Properties, LLC for $650,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

SCOTIA JV 2005, LLP purchased 3.12 acres of medium density residential land located at 8877 N. Coachline Blvd. in Marana, AZ.  The vacant land parcel was purchased from JJEP Investments, Ltd. for $525,000.  Rob Tomlinson, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. 

 

Jesus Barcelo purchased 1.0 acres of industrial land located at 2733and 2739 E. Benson Highway in Tucson.  The vacant land parcel was purchased from Sabalos Maria Revoc Tr ½ & Markou Antonia ½ for $110,000.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Mary Ellen Martinez with Strategy Realty, LLC, represented the buyer. 

 

Ecosolx, LLC purchased a 0.55 acre vacant land parcel located in the Broadbent Interstate Center, situated at Grant Rd. and Interstate 10 in Tucson.  Broadbent No. 1, Lot 8 was purchased from Karime Gutierrez for $65,000. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. 

 

 

LEASE 

 

 

Ruby Industrial Technologies, LLC, d/b/a Kaman Industrial Technologies, leased 5,400 square feet of industrial space located in the Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 308 in Tucson, from Palo Verde Trust Partners, LLC.  Cushman & Wakefield | PICOR Principals, and Industrial Specialists, Robert C. Glaser, SIOR, CCIM,  and Paul Hooker handled this transaction.  Rob Glaser and Paul Hooker represented the landlord; Paul Hooker co-represented the tenant with William Honsaker with Jones Lang LaSalle Americas, Inc. 

 

Sweet Science Boxing leased 4,800 square feet of retail space from Santa Cruz Plaza AZ, LLC & AAVRPARIZ, LLC, located in Santa Cruz Plaza, 3708 S. 16th Ave., Suites A13-A15 in Tucson. Dave Hammack and Aaron LaPrise, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Frontline 24/7 Fitness, LLC leased 4,500 square feet of retail space from VIG River Village, LLC, located in River Park Village Shopping Center, 5075 N. La Canada Dr., Suite 105 in Tucson.  Dave Hammack, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

   

Whelcon Contractors, LLC leased 3,840 square feet of industrial space from Forbes Tucson, LLC, located in the Broadbent Business Center, 2015 N. Forbes Blvd., Suite 101 in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Eric Hutchens with Hutch Companies, LLC, represented the tenant. 

 

Peak Corrosion Control, Inc. leased 2,889 square feet of office space from North Pantano Associates, LLC, located in Woodland Plaza, 2500 N. Pantano Rd., Suite 100 in Tucson.  Aubrey Finkelstein with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Theresa Amos with Tucson Realty & Trust Co., represented the landlord. 

 

Mac Exteriors, LLC, d/b/a Arizona Window and Door Store, leased 2,750 square feet of industrial space from Walker Industrial Properties, LLC, located at 1821 W. Dairy Pl. in Tucson.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Keith Lammersen with Jones Lang LaSalle Americas, Inc., represented the tenant. 

  

Mountainview Tours, Inc. renewed their lease with Camino Martin II, LLC, for 2,217 square feet of industrial space located at 6915 N. Camino Martin in Marana, AZ.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Dean Cotlow with Cotlow Company, represented the landlord. 

 

Tucson Adventure Rentals leased a 2,200-square-foot building located at Kolb and Escalante Rds. in Tucson, from Little Group, LLC. Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. 

 

Christian Family Care Agency, Inc. leased 2,186 square feet of office space from Caldor Investments of Arizona, LLC, located in Ina Corporate Center, 3275 W. Ina Rd., Suite 155 in Tucson. Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Orange DMSO, LLC leased 2,124 square feet of office space from Spaeth 2165, LLC, located in La Naranja Medical Center, 2165 W. Orange Grove Rd. in Tucson. Thomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Michael Coretz with Commercial Real Estate Group of Tucson, LLC, represented the tenant. 

 

Anthony Wolter renewed his lease with TMC Holdings, Inc., for 2,057 square feet of medical office space located in Tucson Medical Park, 2375 N. Wyatt Dr, Suite 101 in Tucson.  Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Mayfield Financial Estate Protection Services, Inc. renewed their lease with KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC, for 1,486 square feet of office space located at 5151 E. Broadway Blvd., Suite 1505 in Tucson.  Richard M. Kleiner, MBA, and Thomas J. Nieman, Principals, and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Michael Coretz with Commercial Real Estate Group of Tucson, LLC, represented the tenant. 

 

THERAPLAY4KIDZ, LLC leased 1,390 square feet of office space located at 17 W. Wetmore Rd., Suite 302 in Tucson, from Coronado Tower Tucson, LLC.  Cushman & Wakefield | PICOR handled this transaction.  Thomas J. Nieman, Principal, represented the landlord; Ryan McGregor represented the tenant. 

 

Esquire for Women and Men, LLC leased 1,200 square feet of retail space from Glover Associates, LP, in Winterhaven Square, 3146 E. Fort Lowell Rd. in Tucson.  Cushman & Wakefield | PICOR handled this transaction.  Principals, Rob Tomlinson and Greg Furrier  represented the landlord; Ryan McGregor represented the tenant. 

 

Nique’s Beauty Supply, LLC leased 1,032 square feet of retail space from HLF Properties, Inc., located at 5941 E. 22nd St. in Tucson.   Principal, Dave Hammack and Ryan McGregor with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Puffzilla, LLC leased 1,030 square feet of retail space from HLF Properties, Inc., located at 5945 E. 22nd St. in Tucson.   Principal, Dave Hammack and Ryan McGregor with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Small Steps in Wellness, PLLC leased 569 square feet of office space from WestGrant Investors, LLC, located in West Grant Centre, 1955 W. Grant Rd., Suite 110 in Tucson.   Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Rural Arizona Action leased 562 square feet of office space from 7070 N. Oracle Road, LLC, located at 7070 N. Oracle Rd., Suite 208 in Tucson.  Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Bruce Suppes with CBRE, represented the landlord. 

 

 

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