SALE
WAA 5251 E Speedway Blvd, LLC purchased a 22,960 square foot building at 5251 E. Speedway Blvd. in Tucson, from Inspired Adventures Investments, LLC for $3,500,000. Natalie Furrier and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the seller. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, SIOR, Principals, Industrial Specialists with Cushman & Wakefield | PICOR, represented the buyer.
William Jessup Separate Property Trust purchased Hacienda Motel, a 53-door apartment complex located at 1742 N. Oracle Rd., in Tucson. The 19,600 square-foot complex was purchased from Colonia Properties TIC II, LLC for $1,550,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily specialists with Cushman & Wakefield | PICOR, represented the seller. Robert Lamb with Long Realty Company, represented the buyer.
LEASE
Argus Professional Storage Management, LLC renewed their lease with La Mirada, LLC for 5,391 square feet of office space at Courtyard Center, 6400 E. Grant Rd., Suite 270 in Tucson. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Tucson Wellness leased 1,440 square feet of retail space at The Shoppes at Rita Ranch at the NWC of Rita & Houghton in Tucson, from GTT The Shoppes at Rita Ranch LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Jesse Peron with CBRE, Tucson, represented the landlord.
Me Latte Café leased 1,260 square feet of retail space at St. Mary’s Plaza located at the SEC of St. Mary’s & Silverbell in Tucson, from Tucson St. Mary’s Plaza, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.
MB Operations leased 1,125 square feet of office space at 2221 N. Indian Ruins Rd., Suite 121 in Tucson, from Ozam Investments, LLC. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.
