Completed Sale/Lease Transactions (May 1st – May 5th, 2023)

 

 

SALE 

 

8500 S Rita Road LLC purchased a 116,898-square-foot industrial building at 8500 S. Rita Rd. in Tucson, from Mithril Real Property, Inc. for $13,000,000. Robert C. Glaser, SIOR, CCIM, Principal, and Jesse Blum, Principal, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Gary Emerson with GRE Partners, LLC, and Robert Cohen with Newmark Knight Frank represented the buyer.  

 

Long Far Investments LLC purchased an 8,000 square foot industrial building at 2055 E. 17th St. in Tucson, from R2 Ewaste, LLC for $675,000. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

 

 

LEASE 

 

And Go Concepts, LLC, dba Salad and Go, leased 25,000 square feet of space at SWC 1st Ave. and Limberlost Dr. in Tucson, from First & Limberlost Plaza, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Rick Borane and David Volk with Volk Company, represented the landlord. 

 

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

 

Samia Psychiatry leased 6,880 square feet of flex space at 1082 E. Ajo Way in Tucson, from 3800 South Evans Boulevard, LLC. Paul Hooker, SIOR, Principal, and Jesse Blum, Principal, with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

HosePower USA renewed their lease with Peacock Investment Builders Tucson II, LLC for 3,763 square feet of industrial space at 3745 N. I-10 EB Frontage Rd., Suite 101 in Tucson. Industrial Specialist with Cushman & Wakefield | PICOR handled this transaction. Stephen D. Cohen, Principal, represented both parties. Robert C. Glaser, SIOR, CCIM, Principal, represented the tenant. 

 

Montoya’s Ornamental Ironworks leased 3,315 square feet of industrial space at 2620 S. Alvernon Way 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. 

 

Southwest Fuel Care, LLC renewed their lease with Pegasus Tucson Owner LLC for 3,300 square feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 180 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

WeedCo, LLC lease 3,271 square feet of industrial space at Ruthrauff Commerce Center, 2480 W. Ruthrauff Rd., Suite 140 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.

 

DACO Automation & Control, LLC leased 3,101 square feet of industrial space at Eastside Research Commerce Center, 1775 S. Pantano Rd., Suite 180-190 in Tucson, from Eastside Center, LLC. Agents with Cushman & Wakefield | PICOR handled this transaction. Alex Demeroutis, Paul Hooker, SIOR, Principal, and Jesse Blum, Principal, represented the landlord. Cintya Denisse Angulo Garcia represented the tenant. 

 

Grace Kingdom Church of God renewed their lease with Pegasus Tucson Owner LLC for 2,800 square feet of space at Town Central Business Park, 5037 & 5041 E. 29th St. in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Vantage West Credit Union leased 2,315 square feet of office space at Golder Ranch Plaza, 15250 N. Oracle Rd., Suite 150 in Tucson, from Golder Ranch Property, LLC. Alexis Corona and Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction. Jeramy Price, Andreas Castillo, and Joseph Castillo with Volk Company, represented the landlord. 

 

KM Paint LLC leased 1,500 square feet of industrial space at 220 E. 27th St., Suite E 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. Chris Tsighis with Coldwell Banker Realty, represented the tenant. 

 

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. 

 

Meziab International LLC leased 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 24 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. 

 

Colosseum Rare Metals Inc. renewed their lease with Pegasus Tucson Owner LLC for 1,100 square feet of industrial space at Ruthrauff Commerce Center, 2460 W. Ruthrauff Rd., Suite 198 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists 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. 

 

Peach Pest Co LLC leased 1,000 square feet of industrial space at Town Central Business Park, 5003 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. 

 

Farmers Insurance renewed their lease with Pegasus Tucson Owner LLC for 810 square feet of office space at Midpoint Business Plaza, 3921 E. 29th St., Suite 307 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Winfield Dental Studio, LLC renewed their lease with Pegasus Tucson Owner LLC for 800 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 75 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. 

 

Vector Marketing leased 618 square feet of office space at 7290 E. Broadway Blvd., Suite 106 in Tucson, from Swan Court, LLC. Molly Gilbert and Ryan McGregor, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. 

 

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. 

 

 

 

 

 

 

 

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