SALE
Grace Development & Investments, LLC purchased Flower and Columbus Apartments, a 26-unit apartment complex located at 2647-2651 N. Columbus Blvd. & 4253 E. Flower St., in Tucson. The 15,017 square-foot complex was purchased from Equilibrium Flower Columbus OZ LLC for $1,500,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties.
Delano & Balboa Apartments, LLC purchased Balboa & Delano Apartments, a 29-unit apartment complex located at 2432 N. Balboa Ave. & 219 E. Delano St., in Tucson. The 11,760 square-foot complex was purchased from Equilibrium Villas LLC for $1,060,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties.
Monson Properties AZ, LLC purchased 7,487 square feet of industrial space at 119 W. Alturas St. in Tucson, from Max Tucson LLC for $755,000. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller.
LEASE
Carvana, LLC leased 27,208 square feet of industrial space at 3690-3700 S. Palo Verde Rd. in Tucson, from Rio Equity Group, LLC. Kameron Norwood, Investment Sales & Leasing Specialist, and Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Cooper Fratt with CBRE, Inc, represented the tenant.
Ideatek Telcom, LLC leased 4,828 square feet of industrial space at 5990 S. Country Club Rd., Suite 160 in Tucson, from EastGroup Properties, LP. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.
Konica Minolta Business Solutions USA, Inc renewed/relocated to a 2,375 square foot office space located at 5151 E. Broadway Blvd., Suite 210 in Tucson. Mark Isenberger with Cushman & Wakefield | PICOR, represented the landlord, KCI-Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont-Broadway, LLC, Tucson 5151 Investments, LLC. Doug Marsh with Oxford Realty Advisors, represented the tenant.
City Property Management Company, LLC leased 1,467 square feet of office space at Ina Executive Center, 3295 W. Ina Rd., Suite 135 in Tucson, from Ina Executive Center, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Alexis Corona and Richard M. Kleiner, MBA, Principal, Office Specialists with Cushman & Wakefield | PICOR, represented the tenant.
Proof Bread, LLC leased 600 square feet of retail space at San Clemente Shopping Center, 3855 E. Broadway Blvd. in Tucson, from San Clemente, LLC. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR, represented both parties.
