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Completed Sale/Lease Transactions (April 12 – April 23, 2021)

 

 

SALE

 

Serenity Holdings III, LLC purchased 31,471 square feet of office space located at 4555 and 4585 E. Speedway Blvd., and 1111, 1145, 1201, 1209, 1217 1225, 1231 N. Venice Ave. in Tucson.   The Brown Mackie College Campus was purchased from Eugene Pamfiloff and Erena Pamfiloff for $3,650,000.  Cushman & Wakefield | PICOR handled this transaction.  Thomas J. Nieman, Principal, and Office Specialist represented the seller; Paul Hooker, Principal, and Industrial Specialist, represented the buyer. 

 

Dias Revocable Trust, LLC purchased an 11,339-square-foot industrial building located at 4955 N. Shamrock Pl. in Tucson.  The office/manufacturing property was purchased from Kash Property Management, Inc., for $1,375,000.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Mark Irvin with Mark Irvin Commercial Real Estate Services, LLC, represented the buyer. 

 

TAC13 Investments, LLC purchased a 17,360-square-foot industrial building located at 3512 and 3520 S. Dodge Blvd. in Tucson.  The flex, light manufacturing property was purchased from Gerald A. and Irma Schuchardt for $1,352,000. Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Alan Moore with Chapman Lindsey Commercial Real Estate Services, represented the buyer. 

 

Shakin Mendelsohn 2004 Trust purchased 9,250 square feet of multifamily space located at 3521 N. Flowing Wells Rd. in Tucson.  Flowing Wells Apartments, a 14-unit property, was purchased from AZDA, LLC for $1,080,000.  Allan Mendelsberg, Principal and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Equilibrium Villas, LLC purchased 5,880 square feet of multifamily space located at 2432 N. Balboa Ave. in Tucson.  Balboa Apartments, a 14-unit property, was purchased from Tuzona One, A Family Trust, for $700,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

  

Serrato Corporation purchased a 4,865-square-foot office building, located at 3443 E. Fort Lowell Rd. in Tucson, from 3443 Ft. Lowell, LLC for $585,000.  Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  

 

TLC Solar Ventures, LLC purchased 5,862 square feet of industrial space located in Silverlake Industrial Park, 945 W. Silverlake Rd. in Tucson. The industrial property was purchased from Silverlake Properties, LLC for $510,000.  Net Zero Solar will occupy the 5,862 square foot office/warehouse building for their solar contracting operation.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction.  Mike Hennessy with Burris, Hennessy & Co., represented the seller. 

 

Equilibrium QOZB II D, LLC purchased 10,500 square feet of retail space located in downtown Tucson, in the Historic Fourth Avenue District.   The four locations, 600, 602, 604 and 606 N. 4th Ave., were purchased from Ten Fifteen Two and Four Partnership for $465,000.  Cushman & Wakefield | PICOR handled this transaction.  Greg Furrier, Retail Specialist, represented the seller; Allan Mendelsberg and Conrad Martinez, Multifamily Specialists, represented the buyer.  

 

Tin Cup Properties, LLC purchased 6,400 square feet of industrial space located at 500 E. 29th St. in Tucson.  The commercial property was purchased from Helen L. Cooke for $401,000.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. Timothy Bathen with Arizona Acquisition Strategies, represented. 

 

DavRiCO, LLC purchased 1.66 acres of commercial land located at 3901 and 3941 S. Kolb Rd. in Tucson.  The vacant land parcel was purchased from Kolb Boneyard, LLC for $145,000.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Julian Willetts and John Hamner, CCIM, with RE/MAX Excalibur, represented the buyer. 

 

 

LEASE 

 

CGI Federal, Inc. renewed their lease with 1510na, LLC for 50,000 square feet of office space located in Gateway Business Park, 7333 E. Rosewood St. in Tucson.  Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. 

   

 United Healthcare Services, Inc. leased 17,967 square feet of retail space from Grant / Swan Center, LLC, located at 4730 E. Grant Rd, in Tucson.  Greg Furrier and Dave Hammack, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Timothy Hurley with Kidder Mathews, represented the tenant. 

 

City Electric Supply Company leased 10,000 square feet of industrial space from Tin Cup Properties, LLC, located in Research Plaza, 1671 S. Research Loop, Suite 145 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Sa Cadira Arizona, LLC leased 5,048 square feet of industrial space from JDLH Investments, LLC, located at 3755 E. 43rd Pl. in Tucson.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

PPG Architectural Finishes, Inc. leased 3,525 square feet of retail space from LHJD Investments, LLC, located at 3518 Canyon de Flores, Suite A in Sierra Vista, AZ.  Greg Furrier and Stephen D. Cohen, Principals with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Worldpoly, an Australian-based company, leased 3,000 square feet of industrial space from Tic Tac Properties, LLC, in the Tucson Industrial Center, 4151 E. Tennessee St., Suite 226 in Tucson.  Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Roses and More leased 2,200 square feet of retail space from Monterey Village, LLC, located in Monterey Village, 6170 E. Speedway Blvd. in Tucson.  Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Jeramy Price with Volk Company, represented the tenant. 

 

Southern Arizona Maintenance Service, LLC renewed their lease with Costa Verde Investments, LLC for 1,500 square feet of commercial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suites 136 and 142 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

West Coast Wheel Accessories renewed their lease with Costa Verde Investments, LLC, for 1,500 square feet of commercial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 160 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

HDPE Fusion, LLC leased 1,500 square feet of industrial space from Tic Tac Properties, LLC, located in Tucson Industrial Center, 4141 E. Tennessee St., Suite 171 in Tucson.  Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Acceptance Insurance Agency of Tennessee, Inc. leased 1,365 square feet of retail space, located in Speedway Center, 3021 E. Speedway Blvd. in Tucson, from Mahoney Family Partnership.  Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Brademann Corp., d/b/a Connect Chiropractic, leased 1,190 square feet of office space from JGBST Trust, located at 5719 E. 5th St. in Tucson.  Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Juan Pantoja with Grimm Commercial, represented the tenant. 

 

Incandescent Skin, LLC leased 986 square feet of office space from El Dorado Ventures, LLC, located in El Dorado Square, 1200 N. El Dorado Pl., Suite D-410 in Tucson.  Thomas J. Nieman, Principal, and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Christopher Irvin with Mark Irvin Commercial Real Estate Services, represented the tenant. 

 

Evans Insurance & Financial Services, LLC leased 897 square feet of office space from LLJ Holdings, LLLP, located in La Officina, 8750 E. Speedway Blvd., Suite 120 in Tucson.  Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Rosemary Lacy with Long Realty Company, represented the tenant. 

 

Oil Changer Acquisition Corp., d/b/a Oil Changers, leased 710 square feet of office space from Rodgers Investment Fund II, LP, located at 2231 N. Indian Ruins Rd., Suite 4 in Tucson.  Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Scott Rosen Insurance Agency, LLC leased 604 square feet of office space located at 2292 W. Magee Rd., Suite 130 in Tucson, from Magee Marquez, LLC.  Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Catalina Glass, LLC leased 805 square feet of industrial space from Presson Midpoint, LLC, located in Midpoint Business Center, 3933 E. 29th St., Suite 502 in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Center 4 Stress Reduction, PLLC leased 560 square feet of office space from Rodgers Investment Fund II, LP, located at 2231 N. Indian Ruins Rd., Suite 3 in Tucson.  Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Jesse Blum and Alex Demeroutis with CBRE, represented the tenant.   

 

Bella’s Clothing, LLC leased 458 square feet of office space from MJ 96, LLC, located in Magee Center, 2262 W. Magee Rd., Suite 3 in Tucson.  Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Mark E. Monier, d/b/a Monier Insurance, renewed their lease with El Dorado Ventures, LLC, for 275 square feet of office space located in El Dorado Square, 1200 N. El Dorado Pl., Suite D-430 in Tucson.   Thomas J. Nieman, Principal, and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

 

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