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Completed Sale/Lease Transactions (April 24 – May 31, 2021)

 

 

SALE

 

Paul E. Monson and Jan S. Monson purchased a 21,400-square-foot, multi-tenant, industrial incubator building located at 4001 S. Contractors Way in Tucson.  The investment property, located on 2.38 acres, was purchased from Gary L. Atchison for $1,600,000.  Stephen D. Cohen and Robert C. Glaser, SIOR, CCIM, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.  Cohen represented the seller; Glaser represented the buyer in this transaction.

 

Thorinson, LLC purchased 14,752 square feet of industrial space from Melvin S. Ross, Trustee of the Melvin S. Ross Revocable Trust, and Chautauqua Investments, LLP.  The multi-tenant, industrial warehouse property, located at 1420-1434 and 1500-1524 E. Benson Highway in Tucson, was purchased for $1,360,000.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

CIC MGMT, LLC purchased a 20,130-square-foot, lab/manufacturing building located on 1.73 acres in Grant Dragoon Industrial Park, 1775 W. Sahuaro Dr. in Tucson.  The single-tenant, industrial property was purchased from Boychick Enterprises, LLC for $902,000.  Cappsco International Corp, an FAA Certified T53 Repair Station, will occupy the building.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

Blue Sky Self Storage Overton, LLC purchased 3.67 acres of vacant land located at 2925 W. Overton Rd. and 9270 N. Shiraz Pl. in Tucson.  The retail land parcel was purchased from O.S. West, LLC and O.S. East, LLC for $703,910.  Dave Hammack and Stephen D. Cohen, Principals with Cushman & Wakefield | PICOR, represented the buyer in this transaction. Randy Emerson with GRE Partners, LLC, represented the seller.

 

Paul E. Monson and Jan S. Monson purchased a 9,900-square-foot industrial building with yard, located at 3525 S. Palo Verde Rd. in Tucson.  The single-tenant, industrial warehouse property was purchased from Paul L. Greenberg and Joy A. Greenberg, Trustees of the Greenberg Living Trust, for $675,000.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. John Hamner, CCIM, with RE/MAX Excalibur, represented the seller.

 

Roca Holdings, LLC purchased a 10,393-square-foot industrial building with yard, located at 2660 E. Ganley Rd. in Tucson.  The single-tenant, light-industrial property was purchased from Albatross Enterprises, LLC for $615,000.  Pattison Engineering will occupy the building. Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

4401S. Santa Rita, LLC purchased a 7,055-square-foot industrial building with yard, located at 4401 S. Santa Rita Ave. in Tucson.  The single-tenant, office/industrial property was purchased from Ruby Industrial Technologies, LLC for $518,322.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, and William Honsaker, with Jones Lang LaSalle, represented the seller in this transaction.  Rob Tomlinson, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer.

 

PetersenMoeller, LLC purchased 4,452 square feet of office space located in Old Farm Executive Park, 6063 E. Grant Rd. in Tucson.  The single-tenant office building was purchased from 6063 E. Grant, LLC for $546,900. Thomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Venetian Investments Services, LLLP purchased a 10,295-square-foot, single-tenant industrial building located at 2445 N. Huachuca Dr. in Tucson.  The warehouse manufacturing property was purchased for $450,000 from Amelia O. Hernandez, as Trustee Under the First Restatement of the Survivors Trust in the Hernandez Family Trust.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

WV, LLC purchased a 2,580-square-foot office building located in Old Farm Executive Park, 6045 E. Grant Rd. in Tucson. The single-tenant office property was purchased from FMR Associates, Inc. for $361,926. Thomas J. Nieman, Principal, and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Pepper Viner Management Co. II, LLC, represented the buyer.

 

Lacey Property Holdings, LLC purchased a 2,400-square-foot industrial building, located at 2950 E. Silverlake Rd. in Tucson. The single-tenant property was purchased from The Estate of John Everett Thornhill, for $300,000.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR,  represented the seller in this transaction.

 

DCM Development Company, LLC purchased 2.00 acres of vacant land located at the northwest corner of Valencia Rd. and Sandario Rd. in Tucson.  The land parcel was purchased from SMT Investors, LP / CFG-Hubbard Masterson I, LLLP / Boa Sorte, LP for $275,000.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. Brian Rosella with Kidder Mathews, Inc., represented the seller.

 

Western American Investments, LLC purchased a 6,710-square-foot industrial building located at 242, 252 and 262 S. Plumer Ave. in Tucson.  The multi-tenant industrial property was purchased from Mary R. Keller, as Successor Trustee of the Curtis B. Keller 2014 Declaration Trust and Mary R. Keller, as Trustee of the Mary R. Keller 2014 Declaration Trust, for $233,000. Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

Copper Villas, LLC purchased 800 square feet of industrial space located at 2209 W. Wetmore Rd. in Tucson. The commercial property was purchased from Bedrock Masonry for $225,000. Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

Icewater Transportation Consulting and Leasing, Inc. purchased 1.50 acres of vacant land located in Swan Industrial Park, 4639 E. Eco Industrial Pl. in Tucson.   The industrial land parcel (Lot 12) was purchased from Swan Industrial, LLC and Kazolt, LLC for $109,500.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Esther Empens with Tierra Antigua Realty (Oracle), represented the buyer.

 

 

LEASE 

 

Mariposa Inspection Terminal, LLC expanded their lease with Nogales Warehouse, LLC, to include an additional 22,538 square feet of industrial warehouse space, totaling 42,488 square feet, located at 772 W. Frontage Rd., Suites 2 and 3 in Nogales, AZ.  Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

NextGen Aviation Services leased 15,000 square feet of industrial space from Walker Tucson Property, LLC, located at 1859 W. Grant Rd., Suite 101 in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

JOERNS, LLC leased 15,000 square feet of industrial space from Daveck Properties, LLC, located at 3781 N. Highway Dr. in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Silver Mountain Mining Operations, Inc. leased 12,356 square feet of industrial space from SN Investment Properties, LLC, located at 10861 N. Mavinee Dr., Suite 163 in Tucson.  Paul Hooker, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Jesse Blum and Ian Stuart with CBRE, represented the landlord.

 

Dollar Tree Stores leased 11,200 square feet of retail space from 4-D/Weil Sierra Vista Shopping Center, LLC, located in the 7th Street Marketplace, 820 E. Fry Blvd. in Sierra Vista.  Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  Kurt Kaolcin with Christifulli Commercial Real Estate, LLC, represented the tenant.

 

H-E Parts International leased 8,400 square feet of industrial space from MJI Company, LLC, located in Freeway Industrial Park, 3224 N. Freeway Industrial Loop, Suite 102 in Tucson.   Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Max Fisher with BRD Realty, LLC, represented the landlord.

 

Relentless Athletics, LLC leased 6,166 square feet of industrial space from Freeway Clover, LLC, located in Freeway Industrial Park, 3248 N. Freeway Industrial Loop, Suite 108 in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

Consolidated Electrical Distributors, Inc. leased 6,000 square feet of retail space from BD Equity Investments, LLC, located at 1365 E. Warehouse Ave. in Tucson.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Brandon Rodgers with BRD Realty, LLC, represented the landlord.

 

Double Gun Garage, LLC leased 6,000 square feet of industrial space from Tic Tac Properties, LLC, located in Tucson Industrial Center, 4151 E. Tennessee St., Suite 206 in Tucson.  Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

AB 46 Investments, LLC leased 5,907 square feet of industrial space from AP&D Investments, LLP, located in Alvernon Business Center, 3865 E. 34th St., Suites 101 & 109 in Tucson.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

The Physio Shop, LLC leased 4,722 square feet of retail space from PDO Real Property, LLC, located in Placita del Oracle, 6011 N. Oracle Rd., Suite 151 in Tucson.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Anytime Fitness leased 4,200 square feet of retail space from CTW-FVP, LLC, in Placita de Oro, located at First Ave. and Tangerine  Rd. in Oro Valley.  Aaron LaPrise and Dave Hammack, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Southwest Fuel Care, LLC leased 3,300 square feet of industrial space from Ruthrauff Partners, LLC, located in Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 180 in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists, with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Komlan Gedeon Guidi, d/b/a All Nations Church, leased 3,176 square feet of space from Presson Midway, LLC, in Midway Business Park, 4500 E. Speedway Blvd., Suites 109 and 110 in Tucson. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Eazy Breezy Heating and Cooling, LLC leased 2,478 square feet of industrial space from CRE Higley Park, LLC, located in Gateway Industrial Park, 3710 S. Park Ave., Suites 705-707 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Sunlogix Energy Inc. and Psalm 112 L.L.C., d/b/a Tucson Solar Pros, leased 2,400 square feet of industrial space from Exchange Partners, LLC, located in Exchange Place Business Center, 1870 W. Prince Rd., Suites E-52-53 in Tucson.   Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Sonora Quest Laboratories, LLC renewed their lease with CD Gemini Properties, LLC, for 2,000 square feet of medical office space located at 1848 E. Innovation Park Dr. in Oro Valley.  Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

 

Nico’s Taco Shop leased 1,945 square feet of restaurant space from Old Lobo Tang X, LLC, located in The Shoppes at Tangerine Crossing, situated at the northeast corner of Tangerine and Thornydale Rds. in Marana.  Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, handled the transaction.

 

Tomlinson Financial Group, LLC, a locally owned and operated CPA firm, offering a wide range of financial services to both businesses and non-profit organizations, leased 1,642 square feet of office space from KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC, located at 5151 E. Broadway Blvd., Suite 451 in Tucson.  Thomas J. Nieman, Richard M. Kleiner, MBA, and Rob Tomlinson, Principals, with Cushman & Wakefield | PICOR handled this transaction.  Nieman and Kleiner represented the landlord; Tomlinson represented the tenant.

 

Miner of Arizona, LP renewed their lease with Grant Clover Commons, LLC for 1,500 square feet of industrial space, located in Grant Interstate Commons, 1101 W. Grant Rd., Suite 201 in Tucson. Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

The Joint Corp. leased 1,500 square feet of retail space from EPH 1, LLC & EPH 2, LLC, located in Arizona Pavilions, 8150 N. Cortaro Rd., Suite 150 in Tucson.  Dave Hammack, Principal, and Retail Specialist, represented the landlord in this transaction.

 

Pin-Point & Associates, LLC leased 1,420 square feet of industrial space from Dodge Business Plaza Partners, LLC, located in South Dodge Business Center, 3200 S. Dodge Blvd. (Suite 8) and 3250 S. Dodge Blvd. (Suite 10) in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Oops Laser, LLC leased 1,395 square feet of medical office space from Grant Road Group, LLC, located in Grant Road Place, 5647 E. Grant Rd. in Tucson.   Richard M. Kleiner, MBA, Principal, and Diane Carlson with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Red Star Vapor, LLC leased 1,338 square feet of retail space from PDO Real Property, LLC, located in Placita del Oracle, 6001 N. Oracle Rd., Suite 111 in Tucson.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Big Denali Development, LLC leased 1,320 square feet of retail space from CAS Real Property, LP, located in Placita del Norte, 5827 N. Oracle Rd. in Tucson.   Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Beth L. Vance and Niki A.E. Rowe renewed their lease with KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, and Tucson 5151 Investments, LLC, for 1,306 square feet of office space located at 5151 E. Broadway Blvd., Suite 730 in Tucson.  Richard M. Kleiner, MBA, and Thomas J. Nieman, Principals, and Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Galaxy Nails leased 1,291 square feet of retail space from Pearland RJR, LLC, located in Lee Lee Plaza, 2040 W. Orange Grove Rd., Suite 122 in Tucson.  Aaron LaPrise and Dave Hammack, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Grand Openings, Inc. leased 1,274 square feet of industrial space from Presson Midway, LLC, located in Midway Business Center, 4500 E. Speedway Blvd., Suites 111-112 in Tucson.   Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Signature Title Security Agency, LLC leased 1,246 square feet of office space from Oracle Office Park Associates, LLC, located at 4750 N. Oracle Rd., Suite 115 in Tucson. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR represented the tenant in this transaction.  Michael A. Stilb, M.A.S. Real Estate Services, Inc., represented the landlord.

 

Randy Lawrence Root leased 1,236 square feet of industrial space from Presson Corporation, located in Town Central Business Park, 4901 E. 29th St. in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

H&R Block Enterprises, LLC renewed their lease with Grant and Alvernon Realty Trust for 1,200 square feet of retail space in Grant Center, 3936 E. Grant Rd. in Tucson.   Greg Furrier, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

The Flame Broiler, LLC, d/b/a Alibaba Grill, leased 1,200 square feet of restaurant space from EREP Ventana II, LLC, located in Ventana Village, 6878 E. Sunrise Dr., Suite 160 in Tucson. Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

SK Nails & Spa leased 1,200 square feet of retail space at the northwest corner of Swan and Sunrise Rds., 5673 N. Swan Rd. in Tucson, from Swan & Sunrise Associates, LLP.  Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction.

 

Elsa’s Closet, Inc. leased 1,200 square feet of retail space from NAI Investments, LLC, located in Plaza Azteca, 3553 S. 12th Ave., Suite 155 in Tucson.  Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Turbo Deals, LLC leased 1,161 square feet of industrial space from Eastside Center, LLC, located in Eastside Research Commerce Center, 1646 S. Research Loop, Suite 130 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Americas Rehab Campuses, LLC leased 1,125 square feet of office space from Rodgers Investment Fund II, LP, located at 2211 N. Indian Ruins Rd., Suite 121 in Tucson.  Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Colosseum Rare Metals, Inc. leased 1,100 square feet of industrial space from Ruthrauff Partners, LLC, located in Ruthrauff Commerce Center, 2460 W. Ruthrauff Rd., Suite 198 in Tucson.   Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Primus Property Management, LLC leased 1,100 square feet of industrial space from Central Point Tucson, LLC, located in Central Point Business Plaza, 3957 E. Speedway Blvd., Unit 204 in Tucson.  Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Maile, LLC, d/b/a Ding Tea, leased 1,035 square feet of retail space from JBGST Trust, located in Speedway Treat Retail Center, 2739 E. Speedway Blvd. in Tucson.  Dave Hammack, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Craig Finfrock with Commercial Retail Advisors, LLC, represented the tenant.

 

Tittorrian Rice, d/b/a DeMure Nails Bar, leased 945 square feet of space from Presson Midpoint, LLC, located in Midpoint Business Plaza, 3921 E. 29th St., Suite 308 in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Navmax Fitness, leased 945 square feet of retail space from Presson Midpoint, LLC, located in Midpoint Business Center, 3921 E. 29th St., Suite 309 in Tucson.  Principal Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Carpet & Flooring Network, LLC leased 910 square feet of industrial space from Presson Midpoint, LLC, located in Midpoint Business Plaza, 3925 E. 29th St., Suite 406 in Tucson. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

Create Your Space With Class, LLC leased 680 square feet of industrial space from Ruthrauff Partners, LLC, located in Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 134 in Tucson.  Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Principals, and Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

 

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