SALE
114 Laguna, LLC, purchased Commons at 114 Apartments, a 21,930-square-foot, multifamily property located at 114 W. Laguna Street in Tucson. The 39-unit apartment complex was purchased from B Ave Investments LLC & Gary B. Evans for $3,600,000. Allan Mendelsberg, Principal, and Conrad Joey Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented both parties in this transaction.
Michael Berezniak & Jose Jaramillo Jr. purchased 3.93 acres of industrial land at 3590 E. Ajo Way in Tucson, from BPHH, LLC for $470,775. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. David Blanchette, CCIM with NAI Horizon, Tucson, represented the buyer.
Clifford B. Halbert and Pamela E. Halbert Trust purchased 0.50 acres of industrial land from Fairview Grant, LLC. The vacant land parcel, Lot 2 located in Fairview Business Park, 2545 N. Fairview Avenue in Tucson, was purchased for $175,000. Paul Hooker, SIOR, and Diane Carlson, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction.
LEASE
Motion Industries, Inc., leased 23,476 square feet of industrial space from Daybreak Industrial QOB, LLC, located in Daybreak Distribution Center, 6360 S. Tucson Blvd., Suite 100 in Tucson. Cushman & Wakefield | PICOR Industrial Specialists, Robert C. Glaser, SIOR, CCIM, and Paul Hooker, SIOR, handled this transaction.
Wyoming Dinosaur Discovery, LLC, leased a 4,414-square-foot industrial building from Western American Investments, LLC, located at 3825 E. 37th Street in Tucson. Paul Hooker, SIOR, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
InTegriLogic Corporation renewed their lease with First Family Company LTD, for 3,281 square feet of industrial space at 1931 W. Grant Rd., Suite 310 in Tucson. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Empire Ridge Ranch LLC leased 2,540 square feet of industrial space at Dodge Business Center, 3669 E. 44th St. in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
CPR2U, LLC renewed their lease with Pegasus Tucson Owner, LLC for 2,400 square feet of space at Midway Business Park, 4500 E. Speedway Blvd., Suite 58 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Green Shield Pest Control of Tucson, LLC leased 2,335 square feet of industrial space at Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 112 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Ryan Leavitt with Ventana Commercial, LLC, represented the tenant.
MEI Mail Services, Inc., leased 1,615 square feet of office space from Tucson Aeroplex, LLC, located in the Aeroplex building in Tucson, 1840 E. Valencia Road, Building 8, Suite 217A. Cushman & Wakefield | PICOR handled this transaction. Paul Hooker, SIOR, Principal, and Industrial Specialist represented the landlord; Ryan McGregor, Office Specialist, represented the tenant.
Kettlelicious LLC leased 1,120 square feet of industrial space at Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 312 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
RMS Doors LLC leased 900 square feet of industrial space at South Dodge Business Center, 3621 E. 44th St., Suite 6 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.