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Completed Sale/Lease Transactions (May 16th – May 20th, 2022)

 

SALE  

 

Huges Federal Credit Union purchased 79,072 square feet of industrial space at 3301 – 3321 E. Global Loop in Tucson. The property was purchased from Global Loop Tucson, LLC, Mercator Properties, LLC, and RSD MT Marathon, LLC for $13,893,950. Jesse Blum and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Brian Harpel with Velocity Retail Group, Tucson, represented the buyer. 

 

ZFI, LLC and 45th Street Senior Apartments LLC purchased 17,784 square feet of multifamily space located at 219 W. Fort Lowell Rd. in Tucson. Westview Apartments, a 38-unit multifamily complex was purchased from 219 West Fort Lowell Owner, LLC for $2,800,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.  

 

Tin Cup Properties LLC purchased 8.31 acres of vacant land located at the southeast corner of Interstate 10 and Valencia Road in Tucson. Lots 1-11 were purchased for $750,000 from Santo Tomas Partners, LLP, and Martin J. Weil and Deirdre McGuire Weil, as Trustees of the McGuire Weil Family Trust. Cushman & Wakefield | PICOR industrial specialists handled this transaction. Jose Dabdoub represented the seller, and Ron Zimmerman represented the buyer.  

  

Bronco Towing purchased a 1.85-acre warehouse/office property located at 4484 E. Tennessee St. in Tucson. The industrial zoned property was purchased from T Rex Penguins LLC for $529,500. Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. Dean Cotlow, with Cotlow Company, represented the seller. 

  

  

LEASE 

 

Highland Valley Partners LLC renewed their lease with SN Investment Properties, LLC for 67,500 square feet of industrial space, at Medina Business Park, 2201 E. Medina Rd., Suite 1 A/C/D/E in Tucson. Jesse Blum, Principal, and Alexandra Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction. 

 

Manufacturing Machining Services LLC renewed their lease with Pegasus Tucson Owner LLC for 11,218 square feet of industrial space at Clairemont Plaza, 1668 S. Research Loop, Suite 360 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

And Go Concepts, LLC, dba Salad and Go, negotiated a 20-year ground lease with Kolb Slaw, LLC & 8195 N. Oracle Road, LLC, for 12,300 square feet of retail land located at 1302 S. Kolb Rd., within Eastpoint Marketplace Shopping Center in Tucson. Greg Furrier and Dave Hammack, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction.  

 

Oak Street Health MSO, LLC, leased 10,387 square feet of retail space from MROF I SPE I-Rolling Hills, LLC, located in Rolling Hills Shopping Center, 7036 E. Golf Links Rd., Suite 150 in Tucson. Dave Hammack and Greg Furrier, Principals, and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ty Brewster, with LocateAI Realty, Inc., Phoenix, represented the tenant. 

 

Karam Pump & Supply, Inc. leased 7,000 square feet of industrial space from Daveck Properties, LLC, located at 3791 N. Highway Dr. in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

The Dwyer Group, Inc, who operates Mr. Rooter, leased 6,200 square feet of industrial space at 4030 E. Michigan St., in Tucson, from Mark Anderson & Jie Yang. Stephen D. Cohen, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Michael Coretz with Commercial Real Estate Group of Tucson LLC, represented the tenant. 

 

Stat-Med, Inc. leased 2,489 square feet of industrial space from Eastside Center, LLC, located in Eastside Research Commerce Center, 1642 S. Research Loop, Suite 110-120 in Tucson. Ron Zimmerman, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Tim Healy with CBRE, Tucson, represented the tenant.

 

Immanuel Hospice, Inc. leased 2,411 square feet of office space located in Ina Corporate Center, 3275 W. Ina Rd., Suite 115 in Tucson, from CALDOR Investments of Arizona, LLC. Thomas J. Nieman, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in the transaction. Timothy Whipple, with HUB Commercial, LLC, represented the tenant.

 

Louie’s Lounge leased 2,350 square feet of retail space at Parkview Place, 8060 E. 22nd St., Suite 118 in Tucson, from 8060 E 22nd St LLC. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. David Dutson with NAI Horizon, Tucson, represented the tenant. 

 

Vector Fire Technology, Inc. renewed their lease with Pegasus Tucson Owner LLC for 2,120 square feet of industrial space at South Dodge Business Center, 3250 S. Dodge Blvd., Suite 9, 11, & 12 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Charles Ryan, dba Chariot Italian Bistro, renewed their lease with Pegasus Tucson Owner LLC for 2,100 square feet of retail space at Midpoint Business Plaza, 1835 S. Alvernon Way, Suite 207 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Bella Luna Beverages LLC renewed their lease with Pegasus Tucson Owner LLC for 1,800 square feet of industrial space at South Dodge Business Center, 3601 E. 44th St., Suite 106 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Logan Family Health LLC leased 1,680 square feet of office space at 3444 N. Country Club Rd., Suite 120 in Tucson, from 3438/3444 CC, LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Chad Kouts with Jump Ventures, Inc., represented the landlord. 

 

Just Churros leased 1,304 square feet of restaurant space from Dev Properties, LLC, located in Oracle Wetmore Shopping Center, at the southeast corner of Oracle/Wetmore in Tucson. Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, handled this transaction. 

 

United Builders, LLC, dba Patriot 3 General Contractors, renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Commerce Plaza, 245 S. Plumer Ave., Suite 25 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Pima Solar, LLC leased 1,200 square feet of industrial space at Commerce Plaza, 245 S. Plumer Ave., Suite 28 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. 

 

Harp Concepts LLC leased 1,200 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite 54 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. 

 

Tile Star LLC, dba Grout Medic of Tucson, leased 1,200 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suite E-57 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. 

 

Eric and Kerri Akers, dba Golden Brush Painting, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,180 square feet of industrial space at Midpoint Business Plaza, 3933 E. 29th St, Suite 507 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Soothing Touch, LLC leased 1,169 square feet of office space from Swan Court, LLC, located in Swan Court, 7290 E. Broadway Blvd., Suite 142 in Tucson. Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Tricord Engineering, LLC leased 1,015 square feet of office space from Swan Court, LLC, located in Swan Court, 7290 E. Broadway Blvd., Suite 148 in Tucson. Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Otis Elevator Company renewed their lease with Pegasus Tucson Owner LLC for 800 square feet of industrial space at Midpoint Business Plaza, 3933 E. 29th St., Suite 505 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Mike Gambino with Cushman & Wakefield, St. Louis, represented the tenant. 

 

Crimar Holdings, LTD, dba Crimar Industrial, China Liquor Sales, LLC and A Pawsitive Change Counseling, LLC leased 730 square feet of office space located in El Dorado Square, 1200 N. El Dorado Place, Suite A-120 in Tucson, from El Dorado Ventures, LLC. Thomas J. Nieman, Principal, and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Kailey Rozalyn Carranza leased 635 square feet of office space, at Ina Corporate Center, 3275 W. Ina Rd., Suite 209 in Tucson, from CALDOR Investments of Arizona, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Eric Wilson renewed their lease with Pegasus Tucson Owner LLC for 572 square feet of industrial space at South Dodge Business Center, 3210 S. Dodge Blvd., Suite 2 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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