Completed Sale/Lease Transactions (June 1-5, 2020)

SALE

 

BBAM, LLC purchased Eucalyptus Apartments, a 44-unit apartment complex located at 3055 N. Tyndall Ave. in Tucson.  The 44-unit apartment complex, consisting of 15,620 square feet of multifamily space, was purchased from 3055 North Tyndall Avenue, LLC for $1,930,000. Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

46th St Investors, LLC purchased a 25,673-square-foot flex building located in Solomon Industrial Park, 706-736 E. 46th St. in Tucson.  The multi-tenant industrial property was purchased from El Gato Investment Two, LLC for $1,125,000.  Cushman & Wakefield |PICOR Industrial Specialists handled this transaction.  Stephen D. Cohen and Max Fisher represented the seller; Brandon Rodgers, SIOR, CCIM, represented the buyer.

 

Gould Family Properties VIII, LLC purchased Calle Arizona Apartments, an 8,250-square-foot multi-family complex located at 269, 271 and 281 E. Calle Arizona in Tucson.  The 10-unit property was purchased from Interdependent-Tucson-269/271 E. Calle Arizona, LLC for $637,000.  Allan Mendelsberg, Principal and Multifamily Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

LEASE

 

Distinctive Carpets Incorporated renewed and expanded their lease with JDLH Investments, LLC for a total of 16,600 square feet of industrial space located at 3751-3765 E. 43rd Pl. in Tucson.  Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

Solgen Power, LLC leased 5,760 square feet of industrial space, located at 2200 E. Benson Highway in Tucson, from Poets Corner, LLC.  Cushman & Wakefield | PICOR, represented both parties in this transaction.  Max Fisher, represented the landlord; Ron Zimmerman represented the tenant.

 

The Pain Center of Arizona, PC, renewed their lease with St. Mary’s MOB, LLC, for 5,027 square feet of office space located in St. Mary’s Medical Plaza II, 1704 W. Anklam Rd., Suite 109 in Tucson. Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Turf Paradise, LLC leased 2,500 square feet of industrial space located in the Park/Ajo Commerce Center, 3760 S. Park Ave., Suite 107-D in Tucson, from Park/Ajo Associates, LLC.  Ron Zimmerman, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Tuk Thai leased 2,498 square feet of restaurant space located in Campbell Plaza, 2990 N. Campbell Ave., Suite 130 in Tucson, from DSW JCR Tucson Retail, LLC.  Dave Hammack and Greg Furrier, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Tucson Surveying and Mapping, LLC leased 897 square feet of office space, located at 8750 E. Speedway Blvd., Suite 120 in Tucson, from LLJ Holdings, LLLP.  Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.

 

M5 Delivery, LLC leased 882 square feet of office space in West Grant Centre, 1955 W. Grant Rd., Suite 118 in Tucson, from WestGrant Investors, LLC.  Molly Mary Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Edward Brown leased 805 square feet of office space, located at 7290 E. Broadway Blvd. in Tucson, from Swan Court, LLC.  Ryan McGregor and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

Adoption Solutions of Arizona renewed their lease with El Dorado Ventures, LLC for 783 square feet of office space located in El Dorado Square, 1200 N. El Dorado Pl., Suite B-260 in Tucson.  Thomas J. Nieman and Molly Mary Gilbert, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

 

 

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