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Completed Sale/Lease Transactions (April 11th – April 15th, 2022)

 

SALE  

 

BLW Holdings, LLC purchased a 10,724-square-foot industrial building located at 546 E. 25th St. in Tucson. The single-tenant, manufacturing property was purchased from Applied Process Technologies, Inc. for $1,020,000. Paul Hooker, SIOR, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in the transaction. William Mordka, with Harvey Mordka Realty, represented the seller. 

  

Kristina Olivarez purchased 2,628 square feet of retail space at 335 W. American Ave. in Oracle, from Circle K Stores, Inc. Greg Furrier and Rob Tomlinson, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Zach Nichols with Realty Executives Arizona Territory, represented the buyer. 

 

 

LEASE 

  

Mettler-Toledo Thornton, Inc. renewed their lease with East Park VI Holding Company, LLC for 8,050 square feet of industrial space at Broadbent Business Center, 2102 N. Forbes Blvd., Suite 103-107 in Tucson. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tim Healy with CBRE, Tucson, represented the tenant. 

 

Thayer Medical Corporation renewed their lease with Pegasus Tucson Owner LLC for 7,287 square feet of industrial space at Butterfield Business Park, 4575 S. Palo Verde Rd., Suite 335 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tim Healy with CBRE, Tucson, represented the tenant. 

 

TMC Medical Network leased a 4,955-square-foot medical office from TMC Holdings, Inc., located at 1396 N. Wilmot Rd. in Tucson. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Sonora Quest Laboratories, LLC renewed their lease with Magnum Realty, LLC for 2,933 square feet of space at 603 N. Wilmot Rd., Suite 141 in Tucson. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Buzz Isaacson with Buzz Isaacson Realty, LLC, represented the landlord. 

  

Tile Outlet LLC renewed their lease with Pegasus Tucson Owner LLC for 2,876 square feet of retail space at Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 105 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

   

Title Security Agency of Arizona, LLC renewed their lease with William and Susan Daugherty, JT/RS, for 1,900 square feet of office space located in Tanque Verde Place, 7479 E. Tanque Verde Rd. in Tucson. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. 

   

Lorlie Investments Group Corp. leased 1,440 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite B-13 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. 

  

Bretstar, Inc., dba D & M Painting renewed their lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite B-12 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

   

Trisha Farrar renewed their lease with Pegasus Tucson Owner LLC for 1,202 square feet of space at Midway Business Park, 4500 E. Speedway Blvd., Suite 72 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

  

Prince Hauling, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite F-64 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Greig Communications Inc. leased 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 48 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. 

  

“1” Naishyn LLC leased 1,016 square feet of industrial space at Town Central Business Park, 5017 E. 29th St. 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. 

  

High Desert Sauce Co, LLC leased 1,000 square feet of industrial space at Town Central Business Park, 5003 E. 29th St. 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.

 

 

 

 

 

 

 

 

 

 

 

 

 

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