SALE
Elliott Bay Medical Properties Holdings III, LLC purchased a 15,000 square foot medical investment property located at 4881 E. Grant Rd., in Tucson from a private investment group for $5,500,000. The investment asset is currently occupied and leased by the Pain Institute of Southern Arizona on a long-term basis. Bryce Horner, Capital Markets Specialist with Cushman & Wakefield | PICOR, represented the seller.
Costco Wholesale Corporation purchased Costco Plaza, a 14,519 square feet retail strip center located at 3821 W. Costco Dr., in Tucson from Bay Shore Oil Company Inc. for $4,206,000. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller. Greg Laing with Phoenix Commercial Advisors, represented the buyer.
Delta Properties, LLP purchased 8,257 square feet of office space at 240 N. Freeport Dr., in Nogales from Joffroy Holdings, LLC for $800,000. Stephen D. Cohen, Principal, and Denisse Angulo-Badilla, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller. Jose Dabdoub, previous Industrial Specialist with Cushman & Wakefield | PICOR also represented the seller.
O’Reilly Auto Enterprises, LLC purchased 7,880 square feet of retail space at 6641 N. Sandario Rd., in Tucson from Realty Income Properties 18, LLC for $595,000. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller. Joey Castillo with Volk Company, represented the buyer.
Elm Street, LLC purchased 0.47 acres of industrial land at 1650 N. Halron Ct., in Tucson from The Ajay S. Madhvani Trust for $225,000. Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented the buyer.
LEASE
Tucson Medical Center dba TMC Health Cancer Center leased medical offices of 29,078 square feet at 2625 N. Craycroft Rd., Suite 100, 200A, 201, and 221 in Tucson from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented both parties.
Interceramic, Inc. leased 29,000 square feet of industrial space at 6223 S. Palo Verde Rd., in Tucson from 6221 & 6223 S. Palo Verde Tucson, LLC. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. John Slattery with CBRE, Tucson, represented the tenant.
Tucson Medical Center dba TMC Health Cancer Center leased the 10,769 square foot medical office at 1315 S. La Canada Dr., Green Valley, from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented both parties.
Commercial Foodservice Repair, Inc. leased 6,619 square feet of industrial space at 4355 S. Santa Rita Ave., in Tucson, from DSSL Associates, LLC. Alex Demeroutis, Industrial Specialist with Cushman & Wakefield | PICOR, and Gary Ceder with Cushman & Wakefield, New York, represented the tenant. Gary Emerson with GRE Partners, LLC, represented the landlord.
MDM Prime LLC renewed their lease with Pegasus Tucson Owner LLC for 1,920 square feet of industrial space, at Broadbent Business Center, 2015 N. Forbes Blvd., Suite 110 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Sunshine Psychotherapy, LLC leased 1,008 square feet of office space at Campbell Casitas, 2933 N. Campbell Ave., in Tucson from Hanarm Building, LLC. Jason Shaltiel, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant. Robert Nolan and Cameron Casey with Oxford Realty Advisors, represented the landlord.
APRE Instruments LLC leased 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 130 in Tucson from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
