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Completed Sale/Lease Transactions (January 10th-January 14th, 2022)

 

SALE  

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SBS Real Estate Holdings, LLC, purchased Limberlost Studio Apartments, an 11,880-square-foot, multifamily property located at 15 E. Limberlost Dr. in Tucson.  The 36-unit complex was purchased from Cardea Altruistic Trust for $3,025,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Margie Harish Patel purchased Blacklidge Apartments, a 5,452squarefoot, multifamily facility located at 260-266 W. Blacklidge Dr. and 3000-3008 N. Balboa Ave. in Tucson. The 8-unit property was purchased from Tyler Barrett, Rodney Rivera, and Shane Costello for $725,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

LEASE  

 

Nu Wheel Inc. leased 8,667 square feet of industrial space at Palo Verde Business Center, 3880 S. Palo Verde Road, Suite 405 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. 

 

First American Title Insurance Company, a Nebraska, leased 3,600 square feet of office space from Rox Investments, LLC, located in Lake Shore Village, 442 W. Kortsen Rd., Units 1 and 2 in Casa Grande, AZ.  Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. 

 

J2 Technology Solutions, LLC 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 49 & 50 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Aetna Life Insurance Company leased 2,327 square feet of office space at Campbell Office Plaza, 3497 N. Campbell Avenue, Suite 705 in Tucson, from Tierra Fuerte LLC. Molly Mary Gilbert, and Thomas J. Nieman, Office Specialists with Cushman & Wakefield | PICOR, and Elizabeth Rothschild with Cushman & Wakefield, Tampa, represented the tenant in this transaction. Dean Cotlow with Cotlow Company, represented the landlord. 

 

Home Service Experts, PLLC renewed their lease with Pegasus Tucson Owner LLC for 2,160 square feet of industrial space at Ruthrauff Commerce Center, 2420 W. Ruthrauff Road, Suite 100 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Melissa Miller Medical Massage, LLC, leased 2,033 square feet of office space from Giaconda 205 Partners, LLC, located in Giaconda West, 231 W. Giaconda Way, Suite 103 in TucsonThomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Bruce Suppes with CBRE, Tucson, represented the tenant.

 

Aparisi Visual and Performing Arts, LLC, leased 1,871 square feet of retail space from Sunrise Speedway LG, LLC, located in Sunrise Place Shopping Center, 7231 E. Speedway Blvd. in Tucson.   Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Karen Kobylinski, with Venture West Real Estate Services, LLC, represented the landlord. 

 

Sunlight Center for Change, LLC, renewed their lease with Spirits, LP, for 1,782 square feet of office space located at 3131 N. Country Club Rd., Suite 201 in Tucson.  Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Mosaic Senior Services, LLC, leased 1,329 square feet of office space from Spirits, LP, located at 3131 N. Country Club Rd., Suite 106 in Tucson.   Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Kelly Doty, with Long Realty Company, represented the tenant.

 

Lexicon Medical Supply Co. leased 1,202 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 73 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.

 

Custom Solar and Leisure, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,176 square feet of industrial space at Midpoint Business Plaza, 3941 E. 29th Street, Suite 601 in Tucson. Paul Hooker, Principal, SIOR, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Hospitality Staffing Solutions leased 870 square feet of office space from LLJ Holdings, LLLP, located in Broadway Midtown Plaza, 2530 E. Broadway, Suite E in Tucson. Cushman & Wakefield | PICOR Office Specialists handled this transaction. Molly Mary Gilbert represented both parties, and Ryan McGregor represented the landlord.

 

 

 

 

 

 

 

 

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