Completed Sale/Lease Transactions (August 26 – August 30, 2024)

 

 

SALE 

 

Fortis Broadway LLC purchased 0.47 acres of retail land at Wilmot Place Shopping Center, Lot 2 in Tucson, from DSW for $1,100,000. Angie’s Lobster will be open late 2024. Cushman & Wakefield | PICOR representatives – Dave Hammack, Natalie Furrier and Greg Furrier handled the transaction. 

 

Sunflower Properties AZ LLC purchased St. Michael’s Apartments, a 16-unit multi-family property located at 5349 E. Ferry Dr. in Tucson, from Costitch/Hutter LLC for $1,050,000. Allan Mendelsberg and Joey Martinez, Principals, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties. 

 

347 Consulting, LLC purchased 6,368 square feet of industrial space at 5100 & 5120 N. La Cholla Blvd., in Tucson from La Cholla Enterprises, LLC for $945,000. Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller. 

 

Valley Real Estate 84, LLC purchased 2.77 acres of industrial land at Butterfield Business Center (Lots 46 & 47), 3785 & 3745 E. Irvington Rd. in Tucson, from Butterfield Tucson Limited Partnership, LLP for $922,500. Jesse Blum, SIOR, and Robert C. Glaser, SIOR, CCIM, Principals, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller.

 

 

LEASE 

 

Pepperidge Farm, Inc. leased 15,000 square feet of industrial space at Tucson Airport Center, 2859 E. Elvira Rd. in Tucson, from H&A Realty, LLC. Jesse Blum, SIOR, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, and Chon Kantikovit with Cushman & Wakefield, Irvine, represented the tenant. 

 

Midwest Battery, LLC leased 15,000 square feet of industrial space at Park/Ajo Commerce Center, 3770 S. Park Ave. in Tucson, from Park/Ajo Associates, LLC. Stephen D. Cohen, Principal, Alex Demeroutis, and Briclyn Chase, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, Greg Charmoli with Cushman & Wakefield Commercial Kentucky, represented the tenant. 

 

TDIndustries, Inc. renewed their lease with Broadmont Investments, LLC for 6,760 square feet of industrial space at 3631 S. Broadmont Dr., in Tucson. Stephen D. Cohen, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, and Todd Noonan with Stream Realty represented the tenant. Tim Healy with CBRE, Tucson, represented the landlord. 

 

Copperstate Classic Cars of Tucson LLC leased 4,560 square feet of industrial space at 4001 S. Contractors Way, Suite 121 in Tucson, from Paul E. and Jan S. Monson. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. 

 

Piteau Associates USA Ltd. renewed their lease with Pegasus Tucson Owner, LLC for 3,521 square feet of industrial space at Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 306 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. 

 

Grasons Estate Sales leased 2,408 square feet of industrial space at 4001 S. Contractors Way, Suite 131 in Tucson, from Paul E. and Jan S. Monson. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. 

 

Sport Clips renewed their lease with Zeviya, LLC for 1,932 square feet of retail space at Oracle Wetmore Shopping Center, 4230 N. Oracle Rd., Suite 120 in Tucson. Aaron LaPrise, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. 

 

Luna Ink & Oddities leased 1,449 square feet of retail space at 561 N. 4th Ave. in Tucson, from Birds of a Feather. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. 

 

Chito’s Barbershop leased 1,393 square feet of retail space at 2813 S. 6th Ave., Suite A in Tucson, from Pescaderia El Puerto de Guaymas #3, LLC. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, handled this transaction. 

 

Sagebrush | Saguaro leased 1,296 square feet of retail space at 733-735 N. 4th Ave. in Tucson, from Univfourth Associates. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented both parties.

 

Vintage Entertainment LLC leased 1,117 square feet of office space at Broadbent Business Park, 2020 N. Forbes Blvd., Suite 108 in Tucson, from Ocaso, LLC. Jesse Blum, SIOR, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Molly Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant.

 

THM Publishing Tucson, LLC dba The Home Mag renewed their lease with CALDOR Investments of Arizona, LLC for 992 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 201 in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. 

 

Portable Practical Educational Preparation, Inc. renewed their lease with FJM Merced Associates, LP for 860 square feet of industrial space at Ajo/Evans Business Park, 1100 E. Ajo Way, Suite 212 in Tucson. Andrew Keim and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. 

 

Old Republic Title Insurance Agency, Inc. leased 604 square feet of office space at 2292 W. Magee Rd., Suite 130 in Tucson, from Magee Marquez LLC. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented both parties. 

 

 

 

 

 

 

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