SALE
Schnitzer Properties, LLC purchased 140,000 square feet of industrial space at 5120 S. Julian Dr. in Tucson, from AZCOMS, LLC for $16,300,000. Industrial Specialists with Cushman & Wakefield | PICOR handled this transaction. Stephen D. Cohen, Principal, represented the seller. Jesse Blum, Principal, and Alexandra Demeroutis, represented the buyer.
RR Properties I, LLC purchased 3,997 square feet of office space at 2918 W. Ina Rd. in Tucson, from BFD Investments, LLC for $925,000. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, and Paul Blum with West USA Realty, Inc., represented the seller in this transaction.
Ideal Tucson Holdings LLC purchased a 5,709 square foot multi-tenant retail building at 5961 – 5971 N. Oracle Rd. in Tucson. The building, occupied by Leslie’s Pool Supplies and OM Yoga, was purchased from The Gary and Sandra Palant Trust for $900,000. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Jeramy Price with Volk Company represented the buyer.
LEASE
Easy Going Smoke Shop leased 1,800 square feet of retail space at Shops at Desert Springs, Northeast corner of Ina & LaCholla in Tucson, from La Cholla Retail, LLC. Aaron LaPrise, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ramiro Scavo, with Realty Executives Arizona Territory, represented the tenant.
Rincon Orthopedic Associates, PC leased 1,763 square feet of medical space at Tucson Medical Park, 5225 E. Knight Dr., Suite 201 in Tucson, from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
T.B.V Enterprises, Inc. leased 850 square feet of office space at Speedway Professional Center, 2302 E. Speedway Blvd., Suite 110 in Tucson, from Professional Center, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ian Stuart with CBRE, Tucson, represented the tenant.
