SALE
LRTucson, LLC purchased 1100 N. Wilmot Rd., the 11,379 square foot two-story office building nicknamed the “Upside Down Pyramid” due to its iconic architecture. The seller is Vantage West Credit Union, which continues to operate a branch on the 1st floor. Sale price was $2,250,000. Richard M. Kleiner, MBA, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the seller and Scott Soelter with NAI Horizon, represented the buyer.
Long Tall Sally LLC purchased 8,278 square feet of industrial space at 2880, 2902, and 2910 N. El Burrito Ave in Tucson, from Lem W Nash Jr and Kristy L Nash for $775,000. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.
TK Family, LLC purchased 2.73 acres of land at 2410 & 2435 N. Tanque Verde Village Pl. in Tucson, from SCOTIA JV 2005, LLP for $375,000. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Frank Arrotta with Tucson Realty & Trust Co., represented the buyer.
LEASE
Highland Valley Partners LLC renewed their lease with EastGroup Properties, LP for 162,478 square feet of industrial space at Airport Distribution Center, 6874 S. Palo Verde Rd. in Tucson. Industrial Specialists with Cushman & Wakefield | PICOR handled this transaction. Robert C. Glaser, SIOR, CCIM, Principal, represented the landlord. Jesse Blum, Principal, represented the tenant.
R & G Food Services, Inc., dba Latitude Catering, renewed their lease with Pegasus Tucson Owner LLC for 7,383 square feet of industrial space at Butterfield Tech Center II, 4650 S. Coach Dr., Suite 100-110 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Azian, renewed their lease with San Clemente, LLC for 4,077 square feet of retail space at San Clemente Shopping Center, 15 N. Alvernon Way in Tucson. Greg Furrier, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Hospice Family Care, Inc. leased 3,522 square feet of office space at Williams Centre, 310 S. Williams Blvd., Suite 300 in Tucson, from DHS Property Investments, Ltd. Partnership. Ryan McGregor, and Thomas J. Nieman, Principal, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Alan Lizell with Capital Asset Management, represented the tenant.
Starbucks Corporation leased 2,400 square feet of retail space at Grant & Swan Shopping Center, 4702 E. Grant Rd., in Tucson, from 4702 Grant Road., LLC. Retail Specialists with Cushman & Wakefield | PICOR handled this transaction. Greg Furrier, Principal, represented both parties, and Dave Hammack, Principal, represented the landlord.
MD Office Solutions of Arizona LLC leased 2,134 square feet of office space at Midway Business Park, 4500 E. Speedway Blvd., Suite 106 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.
Elsa’s Closet Inc. expanded their lease with NAI Investments, LLC for an additional 1,300 square feet of retail space at Plaza Azteca, 3553 S. 12th Ave., Suite 157 in Tucson. Cintya Denisse Angulo Garcia, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
KCI USA, Inc. renewed their lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 33 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction. Alea Gregg and Jenny Turner with Cresa, Phoenix, represented the tenant.
Alvaro Claros, dba ALCE Services, renewed their lease with Pegasus Tucson Owner LLC for 1,133 square feet of office space at Midpoint Business Plaza, 1835 S. Alvernon Way, Suite 201 in Tucson. Paul Hooker, SIOR, Principal, Andrew Keim, and Molly Mary Gilbert with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Coronado Dental Services, Inc. leased 1,050 square feet of office space at Country Club Business Center, 622 N. Country Club Rd., Suite B in Tucson, from Siegmund Properties, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction.
Settlers West Home Builder, LLC renewed their lease with CALDOR Investments of Arizona, LLC for 1,042 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 217 in Tucson. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Value Electric LLC leased 1,000 square feet of industrial space at Town Central Business Park, 5015 E 29th 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.
