Completed Sale/Lease Transactions (March 13th – March 17th, 2023)

 

SALE 

 

ZBH/Medina, Ltd. purchased a 46,706-square-foot industrial building at Medina Business Park II, 2425 E. Medina Rd. in Tucson, from Descanso Medical Plaza, LLC for $3,470,000. Jesse Blum, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Patrick Sheehan and Max Schumacher with Rein & Grossoehme, represented the buyer. 

 

CANNON & WENDT REAL ESTATE LLC purchased from G.E.C. PROPERTY AND LEASING L.L.C. the office and industrial buildings located at 1760, 1784 and 1820 East Pace Ct., in TucsonThe 14,704 square feet of commercial space was sold for $1,037,000. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. 

 

 

LEASE 

 

Fusion Plumbing LLC leased a 5,760-square-foot industrial building at 5150 N. Casa Grande Highway in Tucson, from Tin Cup Properties, LLC. Paul Hooker, SIOR, Principal, Jesse Blum, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Tile Outlet LLC renewed their lease with Pegasus Tucson Owner LLC for 2,876 square feet of industrial space at Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 105 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

  

Southwest Dental Partners, LLC leased 2,530 square feet of new, ground-up shop space at 6601 E. Grant Rd., from C2D2 Associates, LLC. Aaron LaPrise and Dave Hammack, Principals and Retail Specialists with Cushman & Wakefield | PICOR, handled this transaction. Other tenants at the project are Mountain Mike’s Pizza and Jamba Juice. Tenants will open late 2023. 

 

Premium Manufacturing LLC leased 1,400 square feet of industrial space at South Dodge Business Center, 3240 S. Dodge Blvd., Suite 8 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. 

 

Sean Flynn, Wayne Satten, Darren Hammergren, Lina Rosin renewed their lease with Lillestrom II, LLC for 1,314 square feet of office space at 5920 E. Pima St., Suite 140 in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. James Buchanan with Chapman Management Group LLC, represented the landlord. 

 

12 Spa Massage leased 1,250 square feet of retail space at 6011 E. 22nd St. in Tucson, from Orange Sandblast LLC & Xperts Investments LLC. Sam Ramirez, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

High Desert Sauce Co, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,233 square feet of industrial space at Town Central Business Park, 4953 E. 29th St. in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Skye Forrest & Blaine Carpenter leased 1,163 square feet of industrial space at Central Point Business Plaza, 3957 E. Speedway Blvd., Suite 204 in Tucson, from Central Point Tucson, LLC. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

DOMAC, INC. leased 554 square feet of office space at 5931 N Oracle Rd., Suite 209 in Tucson, from SAN MARCOS PLAZA LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

RoofSmart LLC leased 291 square feet of office space at West Grant Centre, 1955 W. Grant Rd., Suite 125-X in Tucson, from WestGrant Investors, LLC. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Yoga Oasis, LLC leased another retail space at Santa Fe Square, 7000 E. Tanque Verde Rd., Suite 9 in Tucson, from Conley Holdings, LLC. Dave Hammack, Principal, and Andy Seleznov, CCIM, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Kristy Kelley with Long Realty Company (Sunrise), represented the tenant. 

 

Key One Locksmith leased the freestanding Kiosk at the Frys anchored Eastpoint Marketplace, southwest corner of 22nd and Kolb in Tucson, from Eastpoint Marketplace Additional Investors, LLC. Salad and Go and Starbucks recently opened at the shopping center in new freestanding drive through facilities.  Greg Furrier, Principal, and Natalie Furrier, retail specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. John Galen with Shenkarow Realty Advisors, represented the tenant. 

 

 

 

 

 

 

 

 

Leave a Reply

Let's Connect!

    Would you like to speak with a broker?

    Contact Us