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Completed Sale/Lease Transactions (December 20th, 2021-January 7th, 2022)

 

SALE

 

Colonia Properties LLC, Colonial HP, LLC, & SW REO Colonial, LLC purchased Colonia de Tucson, a 47,808 square foot investment property at 1335 & 1351 W. Saint Mary’s Road in Tucson. The 84 unit facility was purchased from 1335 W. Saint Mary’s, LLC for $7,800,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

  

Yulapa Investments, LLC and Creekside Investments, LLC purchased the AMR Rural/Metro Ambulance Tucson Headquarters Facility, located at 3759 N. Commerce Drive in Tucson, Arizona. The 21,000 square foot building on 4.8 acres was purchased for $7,200,000, from West Partners Too, LLC. Paul Hooker, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, Michael Sharapata and John Ruskin with Jones Lang LaSalle Brokerage, Inc., represented the seller in this transaction. Ronald Reinking with Newmark Knight Frank, represented the buyer. 

 

Compass RE, LLC purchased a 53,751 square feet industrial building at 3535 E. Columbia Street in Tucson, from Glazer Investments Inc. for $6,500,000. Paul Hooker, Principal, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, and William Honsaker with Jones Lang LaSalle Americas, Inc., represented the seller in this transaction. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer. 

 

CTI, Inc. purchased 19.51 acres of industrial land at Tangerine Commerce Park, Lot 5 in Marana, from Tangerine/I-10, LLC for $4,098,680. Jesse Blum, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Wayne R. Rutschman with Wayne R. Rutschman, represented the buyer.

 

GATB Holdings, LLC purchased 5,733 square feet of multifamily space at 3210 E. Benson Highway in Tucson, from DMT Holdings, LLC for $930,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

QC Sierra Vista Dr., LLC, purchased 12.40 acres of commercial land located at 11494 S. Success Business Court in Vail, AZ.  The vacant land parcel was purchased for $650,000 from Title Security Agency of Arizona, LLC, as Trustee Under Trust No. 201509Jose Dabdoub, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction.

 

Ayan Investments, LLC, purchased a centrally located, owner/user investment property located at 3430 N. 1st Ave. in Tucson.  The 7,136square-foot, office/retail building was purchased from Gregory Ingram and Laura Ingram, as Trustees of the Gregory & Laura Ingram Living Trust, for $630,000.  Paul Hooker, SIOR, Principal, and Molly Mary Gilbert, with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Michael Coretz, with Commercial Real Estate Group of Tucson LLC, represented the buyer.

 

LEASE

 

Cornerstone Behavioral Health Tucson, LLC, expanded and extended their lease with HSRE-MPCCA Tucson MOB, LLC, for a total of 41,086 square feet of medical office space located within the El Dorado Health Campus, 1400 N. Wilmot Rd. in Tucson.  Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

AOR Management Company of Arizona, LLC, leased 28,389 square feet of medical office space from Tucson Medical Center, inclusive of the First Floor (12,758 square feet) and Second Floor (15,631 square feet) of the medical office building located at 2625 N. Craycroft Rd. in Tucson.   Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Scott Solomon with CBRE (TX), represented the tenant.

 

Zamora Trucking leased 0.57 acres of industrial land at Mariposa Industrial Park, Lot 3 in Nogales, from 18232, LLC. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Quark Business Services, LLC renewed their lease with Pegasus Tucson Owner LLC for 5,150 square feet of industrial space at Butterfield Business Park, 4585 S. Palo Verde Road, Suite 405 & 413 in Tucson. Paul Hooker, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Querobabi Tile Setters LLC leased 4,270 square feet of industrial space at Butterfield Business Park, 4595 S. Palo Verde Road, Suite 517 in Tucson, from Pegasus Tucson Owner LLC.  Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Joseph & Diane Naranjo renewed their lease with Pegasus Tucson Owner LLC for 4,129 square feet of space at Midpoint Business Plaza, 1801 S. Alvernon Way, Suite 110 & 111 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

TMC Medical Network renewed their lease with TMC Holdings, Inc. for 3,711 square feet of office space located in Tucson Medical Park, 5300 E. Erickson Dr., Suite 100 in Tucson. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Ausenco Engineering USA South Inc. leased a 3,302 square foot office building at 595 S. Meyer Avenue in Tucson, from Suarez Family, LP. Molly Mary Gilbert, Office Specialist, and Paul Hooker, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ian Stuart with CBRE, Tucson, represented the tenant.

 

Nu Flow Services of Phoenix, LLC renewed their lease with Pegasus Tucson Owner LLC for 2,807 square feet of industrial space at South Dodge Business Center, 3240 S. Dodge Blvd., Suite 1 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Pueblo Mechanical & Controls, LLC, leased 2,437 square feet of office space from Professional Center, LLC, located in Speedway Professional Center,2302 E. Speedway Blvd., Suites 102 and 104 in Tucson. Thomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Starbucks Corporation leased 2,403 square feet of space at 1565 N. Main Street, Suite 100, in San Luis, from NINETY-FIVE HOLDINGS, LLC. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Thomas J.Pancrazi with A.T.Pancrazi Real Estate Services, represented the landlord.

 

Madaras Gallery, Inc. renewed their lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd, Suite 67 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

J. Herndon Inc. renewed their lease with Pegasus Tucson Owner LLC for 2,400 square feet of office space Midway Business Park, 4500 E. Speedway Blvd, Suite 63 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Community Intervention Associates, Inc., d/b/a Community Health Associates, leased 2,400 square feet of medical office space from TMC Holdings, Inc., located inTucson Medical Park, 2375 N. Wyatt Dr., Suite 103 in Tucson. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ian Stuart with CBRE, Tucson, represented the tenant.

 

Tarence Cager and Andrea McGowen leased 1,600 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 12 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Layne’s Clocks leased 1,517 square feet of industrial space from Eastside Center, LLC, located in Eastside Research Commerce Center,1630 S. Research Loop, Suite 150 in Tucson Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Sunstate Power, LLC, leased 1,500 square feet of industrial space from Costa Verde Investments, LLC, located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 172 in Tucson.  Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Absolute WF, Inc., d/b/a Absolute Window Fashions, leased 1,500 square feet of industrial space from Costa Verde Investments, LLC, located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 148 in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

B2B Delivery, LLC, renewed their lease with Costa Verde Investments, LLC, for 1,500 square feet of industrial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 190 in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

The Tucson Team, L.L.C, renewed their lease withCosta Verde Investments, LLC, for 1,500 square feet of industrial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 154 in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

LOMAT Rentals LLC leased 1,400 square feet of industrial space at South Dodge Business Center, 3240 S. Dodge Blvd., Suite 6 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

The ICEE Company, a subsidiary of J & J Snack Foods Corp leased 1,200 square feet of industrial space at Clairemont Plaza, 1660 S. Research Loop, Suite 146 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Kevin Burns with Markeim Chalmers, Inc., represented the tenant.

 

Usable Surface Workshop LLC leased 1,200 square feet of industrial space at South Dodge Business Center, 3230 S. Dodge Blvd., Suite 6 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

La Cortina Drapery Shop, Inc. renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Town Central Business Park, 4911 E. 29th St in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Brenovations HVAC, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3210 S. Dodge Blvd., Suite 7 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Aptive Environmental, LLC leased 1,200 square feet of industrial space at Town Central Business Park, 4957 E. 29th St in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

DASTucson renewed their lease with Pegasus Tucson Owner LLC for 1,193 square feet of industrial space at Town Central Business Park, 4903 E. 29th St in Tucson. Paul Hooker, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Aztec Blinds and Shutters, LLC, renewed their lease with Costa Verde Investments, LLC, for 1,100 square feet of industrial space located in Romero-Prince Business Park, 3538 N. Romero Rd., Suite 100 in TucsonRon Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

D.C.O. Custom Builders, LLC renewed their lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Road, Suite 114 in Tucson. Paul Hooker, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Damien Hairston and Sherrod Dillon leased 600 square feet of retail space at Town Central Business Park, 5023 E. 29th St in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

 

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