SALE
Tempe Marquez LLC purchased a 9,656 square foot retail center known as Vineyard Center, 4325 S 48th St. in Tempe, from Tempe Plaza, LLC for $1,900,000. Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented the buyer. Ruben Nach with R.O.I. Properties, LLC, represented the seller.
Ray Bolinger purchased The Elaine, a 16-unit apartment complex located at 2322 N. Elaine Blvd., in Tucson. The 7,616 square-foot complex was purchased from JRJS West SAC Investors, LLC for $1,400,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily specialists with Cushman & Wakefield | PICOR, represented both parties.
Burrito Investors, LLC purchased 18,386 square feet of industrial space at 2802 N. El Burrito Ave., in Tucson from Ray and Tara Bolinger for $1,250,000. Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented both parties.
Excavating & Elite Services LLC purchased 4.91 acres of industrial land at Calle Suprema, Lot 8 in Douglas, AZ. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, handled the transaction.
LEASE
Cox Communications leased 1,977 square feet of retail space at Copper Plaza, 3122 N. Campbell Ave., Suite 120 in Tucson from 3122 North Campbell Ave., LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tanya Tucker with Citywide Commercial Real Estate represented the tenant.
Ethan Wolf leased 1,182 square feet of industrial space at Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 311 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Healthy Naturally You, LLC leased 1,235 square feet of office space at Giaconda Offices, 235 W. Giaconda Way, Suite 233 in Tucson, from Giaconda 205 Partners, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Bruce Suppes with CBRE, Tucson, represented the tenant.
Tucson Naturopathic and Regenerative Medicine PLLC leased 1,129 square feet of office space at Broadway Midtown Plaza, 2530 E. Broadway Blvd., Suite G in Tucson, from LLJ Holdings, LLLP. Molly Mary Gilbert, CCIM, and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Advanced Print Management LLC renewed their lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 134 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Hutch Companies, LLC leased 326 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Executive Suite Y in Tucson, from WestGrant Investors, LLC. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Eric Hutchens with Hutch Companies, LLC, represented the tenant.