Completed Sale/Lease Transactions (March 27th – March 31st, 2023)

 

SALE 

 

Olive Tree Apts LLC purchased Olive Tree Apartments, a 16,000-square-foot investment property at 1841 S. Irving Ave. in Tucson. The 20-unit apartment was purchased from 1841 S Irving LLC for $2,072,500. Allan Mendelsberg and Joey Martinez, Principals and Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction. 

 

DesertEastSky, LLC purchased the 7,607 square foot medical office at 1241-1245 N. Wilmot Rd. in Tucson, from Demeter Medical Properties, LLC for $999,900. Alejandra “Alexis” Corona, Associate, and Richard M. Kleiner, Principal, Office Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Thomas Coury with Great American Financial Corporation, represented the buyer. 

 

Apostolic Christian Church of Willcox AZ purchased 7,398 square feet of retail space at 150 W. Grant St. in Willcox, from JPMorgan Chase Bank for $415,000. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. 

 

Owen Brown purchased a 5,852 square foot building at 425 E. Grant Rd. in Tucson, from Sally A. McNamara for $350,000. Robert C. Glaser, SIOR, CCIM, Principal, and Paul Hooker, SIOR, Principal, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Angel Rodriguez and Omer Kreso with Realty Executives Arizona Territory, represented the buyer. 

 

 

LEASE 

 

Hangar Prosthetics & Orthotics West, Inc. renewed their lease with Joseph James Machado for 6,204 square feet of office space at Crossroads East Shopping Center, 4951 E. Grant Rd., Suite 135 in Tucson. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, and Daniel Rasmussen with Cushman & Wakefield, Washington, DC, represented the tenant. 

 

Troubadour Theatre leased 1,600 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 18 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.

 

Epic One Builders LLC leased 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite D-47 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. 

 

Vertex Painting, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite B-12 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Meridian Surveying & Development renewed their lease with Pegasus Tucson Owner LLC for 1,240 square feet of industrial space at Clairemont Plaza, 1684 S. Research Loop, Suite 530 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

G & G Janco Enterprises LLC leased 1,200 square feet of industrial space at Midpoint Business Plaza, 1801 S. Alvernon Way, Suite 101 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. 

 

Purelotus Scents LLC leased 1,200 square feet of retail space at Midway Business Park, 4500 E. Speedway Blvd., Suite 45 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.

 

National Center for Youth Law leased 1,050 square feet of office space at Country Club Business Center, 622 N. Country Club Rd., Suite E in Tucson, from Siegmund Properties, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.  

 

G2 Contracting, LLC renewed their lease with Pegasus Tucson Owner LLC for 1,000 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 34 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Lone Saguaro Fine Carpentry LLC leased 878 square feet of industrial space at South Dodge Business Center, 3621 E. 44th St., Suite 4 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. 

 

Action Yard & Tree, LLC renewed their lease with Pegasus Tucson Owner LLC for 815 square feet of industrial space at Midpoint Business Plaza, 3925 E. 29th St., Suite 403 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

POL, Ent, 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 110 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Aarcher Contracting Corporation leased 400 square feet of industrial space at Town Central Business Park, 5021 E. 29th St. 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. 

 

 

 

 

 

 

 

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