SALE
La Paz Regional Hospital, Inc purchased a 5,943-square-foot retail building at 401 W. Riverside Dr. in Parker, from JPMorgan Chase Bank for $1,255,000. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller. David Plunkett with David Plunkett Realty, represented the buyer.
Reding Family Trust purchased Lee Cottages, a 4,380-square-foot investment property at 3831, 3833, & 3835 E. Lee St. in Tucson. The 6-unit apartment property was purchased from Kevin Rapport for $895,000. Allan Mendelsberg and Joey Martinez, Principals and Multifamily Specialists with Cushman & Wakefield | PICOR, represented the seller. Eddie Watters with Realty Executives Arizona Territory, represented the buyer.
LEASE
Western States Flooring, Inc. renewed their lease with Peacock Investment Builders Tucson I, LLC for 6,720 square feet of industrial space at 3741 N. I-10 EB Frontage Rd., Suite 109 in Tucson. Robert C. Glaser, SIOR, CCIM, and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.
Plato’s Closet leased 4,317 square feet of retail space at Tucson Spectrum Shopping Center, 5373 S. Calle Santa Cruz, Suite 232 in Tucson, from Tucson Shopping Center, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Benjamin Craney with NAI Horizon, Tucson, represented the landlord.
The Door Church Marana leased 1,708 square feet of space at 8567 N. Silverbell Rd., Suite 225 in Tucson, from Namaki Living Trust. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Craig Finfrock with Commercial Retail Advisors, LLC, represented the landlord.
Gema’s Grill, LLC leased 1,200 square feet of retail space at Plaza Azteca, 3553 S. 12th Ave., Suite 133 in Tucson, from NAI Investments, LLC. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.
