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Completed Sale/Lease Transactions (March 14th – March 18th, 2022)

 

SALE

 

DM Phase IV Investment, LLC, purchased 237.27 acres of vacant land located at 11800 E. Valencia Rd. in Tucson. The industrial land parcel, situated on Valencia Rd. at the Pantano Wash, was purchased from California Portland Cement Company for $1,000,000.  Robert C. Glaser, SIOR, CCIM, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, and Roy (Thrac) Paulette, with Cantera Real Estate, LLC, represented the seller in this transaction. 

 

LS El Dorado, LLC, purchased the 5,294-square-foot medical office located at El Dorado Medical Plaza, 1500 N. Wilmot Rd., Suite A110 in Tucson. The property was purchased from GMRS MOB, LLC, for $950,000. Cushman & Wakefield | PICOR Principals and Office Specialists Richard M. Kleiner, MBA, represented the seller, and Thomas J. Nieman, represented the buyer.

 

 

LEASE

  

Kodiac Interiors Group, LLC dba Arizona Appliance and Home, leased 17,727 square feet of industrial space at West Commerce Court, 1641 W. Commerce Ct., Suite 101 in Tucson, from Miller Sales & Engineering, Inc. Ron Zimmerman, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Andy Seleznov, CCIM, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. 

 

Distribution International, Inc. renewed their lease with JDLH Investments, LLC for 15,000 square feet of industrial space at 3759, 3761, & 3763 E. 43rd Place, in Tucson. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, and Beau Kaleel with Cushman & Wakefield, Houston, represented the tenant. 

 

PowerPhotonic Inc. leased 14,000 square feet of industrial space at SAMTEC, 16220 South La Cañada Dr., Suite 1 in Sahuarita, from the Town of Sahuarita. Alex Demeroutis, and Jesse Blum, Principal, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Ian Stuart and Tim Healy with CBRE, Tucson, represented the landlord. 

   

Savant of the West LLC renewed their lease with Doubletree Investments, Inc. for 6,230 square feet of industrial space at 4175 S. Fremont Ave., Suite 106 in Tucson. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ted Liles and Marissa Dichiara with Cresa, Phoenix, represented the tenant. 

  

All Nations Church renewed their lease with Pegasus Tucson Owner LLC for 3,176 square feet at Midway Business Park, 4500 E. Speedway Blvd., Suite 109-110 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Timberlake Crafts, LLC leased 2,322 square feet of industrial space at Eastside Research Commerce Center, 1646 S. Research Loop, Suite 140 – 150 in Tucson, from Eastside Center, LLC. Ron Zimmerman, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Boxed Services LLC leased 2,315 square feet of industrial space at Central Point Business Plaza, 3961 E. Speedway Blvd., Suite 414 & 415 in Tucson, from Central Point Tucson, LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. Greg Furrier, and Rob Tomlinson, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord. 

 

WaterLogic Americas, LLC leased 2,200 square feet of industrial space at Central Point Business Plaza, 3959 E. Speedway Blvd., Suite 308 & 309 in Tucson, from Central Point Tucson, LLC. Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. David Blanchette, CCIM with NAI Horizon, Tucson, represented the tenant. 

  

Tradesmen International, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,720 square feet of office space, at Butterfield Business Park, 4555 S. Palo Verde Rd., Suite 105 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. David Blanchette, CCIM, with NAI Horizon, Tucson, represented the tenant. 

 

Zimmer US, Inc. leased 1,599 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite A-1 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. Kevin Burnett with Colliers, represented the tenant. 

  

Studio 220, dba Got All Your Marbles renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space, at South Dodge Business Center, 3601 E. 44th St., Suite 105 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Saguaro Staffing Solutions LLC leased 310 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Executive Suite W in Tucson, from WestGrant Investors, LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

 

 

 

 

 

 

 

 

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