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Completed Sale/Lease Transactions (May 2nd – May 6th, 2022)

 

SALE  

 

RSK 5140, LLC purchased an 8,492-square-foot medical office located at 5140 E. Glenn St., in Glenn Medical Village, Tucson, from DBS Property Holdings, LLC, BS & AD Investments, LLC, and Constantin C. Boiangiu for $4,028,000. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Tucson Cathodes & Tankhouse Services LLC, a corporation formed to serve the copper mining/metallurgical industry in Arizona, all the United States and Mexico, purchased Alvernon Rail Center Lot 14, at 4050 E. Columbia St. in Tucson. The 8,603-square-foot industrial building was purchased from Dick Cole Properties, LLC for $1,635,000. Industrial Specialists with Cushman & Wakefield | PICOR handled this transaction. Robert C. Glaser, SIOR, CCIM, Principal, and Paul Hooker, SIOR, Principal, represented the seller. Stephen D. Cohen, Principal, and Andrew Keim, represented the buyer. 

 

331 S Railroad Holdings LLC purchased a 6,552-square-foot multifamily complex located at 331-337 S. Railroad Ave. and 322-328 S. 3rd Ave. in Tucson. Railroad & 3rd Four-Plexes, an 8-unit property, was purchased from 324 3rd Ave LLC for $1,620,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Mortazavi Properties, LLC purchased a 6,615-square-foot professional office located at 1640 E. River Rd., Suite 215, in Mesquite Corporate Centre, Tucson, from K O P E Real Estate, LLC for $1,356,075. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the buyer; and John G. Yarborough, with Romano Real Estate Corporation, represented the seller in this transaction. 

 

TMZ Dunkin’ Properties LLC, dba Dunkin Donuts, purchased Block D of South Gate Business Park, 1991 E. Ajo Way, in Tucson, AZ. The 22,395-square-foot pad was purchased from South Gate Partners II, LLC for $375,000. Rob Tomlinson, Principal, Retail Specialist, and Ron Zimmerman, Principal, Industrial Specialist, with Cushman & Wakefield | PICOR, represented the seller in this transaction. Kevin Volk with Volk Company, represented the buyer. 

 

1991 E Ajo Way LLC, dba Eegee’s, purchased Block C of South Gate Business Park, 1991 E. Ajo Way, in Tucson. The 32,696-square-foot pad was purchased from South Gate Partners II, LLC for $375,000. Rob Tomlinson, Principal, Retail Specialist, and Ron Zimmerman, Principal, Industrial Specialist, with Cushman & Wakefield | PICOR, represented the seller in this transaction. Terry Dahlstrom with Volk Company, represented the buyer. 

 

TMC Holdings, Inc. purchased 5265 E. Knight Dr., a 4,140-square-foot medical office building located in Tucson Medical Park, from Johnson-Corcoran Office Building Partnership, LLP for $372,600. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. 

 

Automotive Payment Solutions, LLC purchased a 2,175-square-foot industrial building located at 3137 E. 47th St. in Tucson. The single-tenant property with yard, was purchased from Willie L. Hardin, Sr., and Jane Henderson-Hardin for $275,000. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. 

 

 

LEASE 

 

Torus IT Systems LLC leased 27,000 square feet of industrial space at 5901 S. Belvedere Ave., in Tucson, from AAW Belvedere LLC. Robert C. Glaser, SIOR, CCIM, Principal, and Paul Hooker, SIOR, Principal, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Alliance Beverage Distributing Company, LLC dba Breakthru Beverage Arizona, leased 23,513 square feet of industrial space at Daybreak Distribution Center, 6360 S. Tucson Blvd., Suite 140 in Tucson, from Daybreak Industrial QOB, LLC. Robert C. Glaser, SIOR, CCIM, Principal, and Paul Hooker, SIOR, Principal, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Robert Martensen, SIOR, CCIM with Colliers International AZ, represented the tenant. 

 

Best Insulation Arizona LLC renewed their lease with Pegasus Tucson Owner LLC for 11,440 square feet of industrial space at Broadbent Business Center, 2165 N. Forbes Blvd., Suite 103 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Theraplay4kidz, d/b/a Arizona Autism, leased 7,919 square feet of office space from Kolb Office Park, LLC, located in Kolb Office Park, 2090 N. Kolb Rd., Suites 100, 130 and 150 in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. John G. Yarborough, with Romano Real Estate Corporation, represented the landlord. 

 

Aeora Rocks LLC leased 6,098 square feet of industrial space at Broadbent Business Center, 2165 N. Forbes Blvd., Suite 105 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. 

 

Aerotek Affiliated Services, Inc. renewed their lease with WCCP Craycroft, LLC for 5,640 square feet of office space, at 250 S. Craycroft Rd., Suite 460 in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, and Charles Wagandt with Cushman & Wakefield, represented the tenant in this transaction. Andrew Sternberg and Philip Skillings with NAI Horizon, Tucson, represented the landlord. 

 

Mako US Corp. leased 4,980 square feet of office space, located at 120 N. Stone Ave., Suite 220 in Tucson, from 120 North Stone, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. David Volk, with Volk Company, represented the landlord. 

 

TMC Medical Network renewed their lease with TMC Holdings, Inc. for a 4,810-square-foot medical office at 2380 N. Ferguson Ave., Suite 104, located in Tucson Medical Park. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Better Business Bureau of Tucson, Inc. renewed their lease with 120 North Stone, LLC for 4,525 square feet of office space at 120 N. Stone Ave., Suite 200 in Tucson. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. David Volk with Volk Company, represented the landlord. 

 

Arizona Property Management Solutions, Inc. leased 3,931 square feet of office space from Alpine Chalet Apartments, LLC, located in Bootbarn Plaza, 6701-6763 E. Broadway Blvd., Suite 6725-6729 E. Broadway Blvd. in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in the transaction. Gordon Wagner and David Dutson, with NAI Horizon, represented the landlord. 

 

Integrated Audio Video Solutions, LLC renewed their lease with Pegasus Tucson Owner LLC for 2,710 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite 22-23 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Solgen Power, LLC sub-leased 2,550 square feet of office space from Thinkmap, Inc., located in 1202 Studios, 1202 E. Broadway Blvd., Suite 110 in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the sub-tenant in this transaction. David Volk with CBRE, Tucson, represented the sub-landlord. 

 

WeedCo, LLC renewed their lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at Ruthrauff Commerce Center, 2470 W. Ruthrauff Rd., Suite 170 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

F.D.A. Tile, LLC renewed their lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at Commerce Plaza, 245 S. Plumer Ave., Suite 35 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

MDM Prime LLC leased 1,920 square feet of industrial space at Broadbent Business Center, 2015 N. Forbes Blvd., Suite 110 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. 

 

Stretch Lab leased 1,500 square feet of retail space at Sunrise Village Shopping Center, 4772 E. Sunrise Dr. in Tucson, from Sunrise Village Investors, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Joey Castillo with Volk Company, represented the tenant. 

 

StretchLab leased 1,440 square feet of retail space at Arizona Pavilions Shopping Center, 5960 W. Arizona Pavilions, Suite 110 in Tucson, from AZPAV, LLC. Dave Hammack and Aaron LaPrise, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Joseph Castillo with Volk Company, represented the tenant. 

 

Matt Neel leased 1,360 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 136-138 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. 

 

bioVETERIA Life Sciences, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,280 square feet of industrial space at Midpoint Business Plaza, 3925 E. 29th St., Suite 401 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Arizona Democratic Party leased 1,243 square feet of office space at 3131 N. Country Club Rd., Suite C-209 in Tucson, from Spirits, LP. Office specialists with Cushman & Wakefield | PICOR handled this transaction. Molly Mary Gilbert represented both parties, and Ryan McGregor represented the landlord. 

 

Four Halos Boutique LLC leased 1,202 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 73 in Tucson, from Pegasus Tucson Owner LLC. Agents with Cushman & Wakefield | PICOR handled this transaction. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists, represented the landlord. Molly Mary Gilbert, Office Specialist, represented the tenant. 

 

Polly Spencer renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 55 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Tutoring Club Select, LLC renewed their lease with Sunrise Village Investors, LLC for 1,200 square feet of retail space at Sunrise Village Shopping Center, 4776 E. Sunrise Dr. in Tucson. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Tuk Tuk Thai leased 1,200 square feet of retail space at Ventana Village Shopping Center, 6878 E. Sunrise Dr., Suite 160 in Tucson, from EREP Ventana II, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

Evans Cool Solutions, Inc. 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 6 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Compressor Now renewed their lease with Pegasus Tucson Owner LLC for 1,197 square feet of industrial space at South Dodge Business Center, 3601 E. 44th St., Suite 103 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Alpha Pools LLC leased 1,176 square feet of industrial space at South Dodge Business Center, 3200 S. Dodge Blvd., Suite 8 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. 

 

National Center for Youth Law leased 1,050 square feet of office space at 622 N. Country Club Rd., Suite E in Tucson, from Siegmund Properties, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Rasnake & Sons, Inc. renewed their lease with Pegasus Tucson Owner LLC for 958 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 42A in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Carpet & Flooring Network LLC renewed their lease with Pegasus Tucson Owner LLC for 910 square feet of industrial space at Midpoint Business Plaza, 3925 E. 29th St., Suite 406 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

TBV Enterprises, Inc. renewed their lease with Spirits, LP for 784 square feet of office space located at 3131 N. Country Club Rd., Suite 203 in Tucson. Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Jeremy Richard Algier leased 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 112 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. 

 

Field Distributors LLC leased 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 128 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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