SALE
Tiny Kat Investments LLC purchased the Dollar General STNL investment property located in Sierra Vista, AZ at 5240 E. Hwy 90 from Sequoia Capital Realty, LLC for $2,475,000. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer. Jesse Limon with Marcus & Millichap, represented the seller.
1409 E Drachman LLC purchased University Casitas, a 7-unit apartment complex located at 1409-1429 E. Drachman St. in Tucson. The 5,670 square-foot complex was purchased from Nido 2, LLC for $1,700,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily specialists with Cushman & Wakefield | PICOR, represented both parties.
7 Brew Coffee purchased retail pad at Southwest Corner of SR-92 and Fry Blvd. in Sierra Vista, from Tacobocci, LLC for $1,500,000. Aaron LaPrise, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller. Bryan Babits with Western Retail Advisors, LLC, represented the buyer.
Elm Street LLC purchased 0.51 acres of industrial land at 1679 N. Halron Ct. in Tucson, from The Ajay S. Madhvani Trust for $200,000. Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented the buyer.
LEASE
MTD CONSUMER PRODUCTS MEXICO S. DE R.L. DE C.V. dba Stanley Black and Decker renewed their lease with Norah Dabdoub Escobar for 3.41 acres of industrial land in Nogales, Sonora Mexico. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR and Bob Tardy with Cushman & Wakefield, represented the tenant.
Midstate Mechanical, LLC expanded their Tucson office by leasing 31,405 square feet of industrial space at 6223 S. Palo Verde Rd., Suite 101 in Tucson from 6221 & 6223 S. Palo Verde Rd., Tucson, LLC. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Kyle McGinley and Payton Kruidenier with Ross Brown Partners, Inc., and Darrick G. Klamut with Rolls Realty Commercial represented the tenant.
Sonoran Restaurant Concepts, LLC sublet 16,922 square feet of retail space, at 1 W. Chandler Blvd. in Chandler, AZ from Padeland Chandler LLC. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the sub-lessor. Luisa F. Acevedo with Keller Williams Integrity First Realty, represented the sub-lessee.
Nationwide Vision renewed their lease for 2,484 square feet at Oracle Wetmore Shopping Center, 4386 N. Oracle Rd., Suite 100 in Tucson. Aaron LaPrise, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Sarah Walker with Mohr Partners, Inc., represented the tenant.
Athletico Management, LLC renewed their lease with La Rubia, LLC for 1,736 square feet of office space, at La Cholla Medical Park, 5880 N. La Cholla Blvd. (Fully Leased), Suite 120 in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tristan LaBorde with Swearingen Realty Group, LLC and Dave Carroll and John G. Yarboroughwith Paul Ash Commercial Real Estate, represented the tenant.
Subway renewed their lease with Blue Hat, LLC for 1,200 square feet of retail space at Santa Cruz Plaza, 3792 S. 16th Ave., Suite 6 in Tucson. Dave Hammack and Aaron LaPrise, Principals, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.
