Friday, July 11, 2014

Commercial Real Estate For Sale Tucson

Local Happenings with Commercial real estate for sale Tucson AZ. Here are recent closed Commercial real estate sales and Commercial real estate leases. SALES & LEASES Gould Family Properties VIII, LLC purchased a 7,676 square-foot industrial building at 4320 E. Illinois St. from Commerce Bank of Arizona for $384,000. Brandon Rodgers, CCIM with Cushman & Wakefield | PICOR represented the buyer. Platinum Plaza, LLC purchased 5 acres at 6991 E. Old Vail Road from Valencia Socios, LLC for $95,000. Ron Zimmerman with Cushman & Wakefield | PICOR represented the seller. Maritza Barrera with HomeSmart represented the buyer. Krikawa Jewelry Design leased 4,208 square feet at 21 E. Congress St. They will have retail space for jewelry sales and space for on-site custom design and manufacturing. Chris Sauer of Peach Properties represented the landlord and Michael Coretz of Commercial Real Estate Group represented the tenant. Gary Goldstein, MD, PLLC leased 1,344 square feet of office space located at 6630 E. Carondelet Drive from Team Anasazi, LLC. Tari Auletta of Tucson Realty & Trust Co. represented both the landlord and the tenant. Tucson Medical Group, PLLC leased 3,572 square feet of office space located at 603 N. Wilmot Road, Suite 201 from Magnum Realty, LLC. Doug Richardson of Tucson Realty & Trust Co. represented the landlord. Tari Auletta, CCIM, also of Tucson Realty & Trust Co., represented tenant. Nutrition Perfection leased 1,300 square feet in River Crossing, located at 1980 W. River Road, Suite 120 from La Cholla and River Road Associates, LLC. The tenant is opening a Herbalife Nutrition Club. The new nutrition consulting, vitamin and smoothie bar will be opening this fall. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord. Esther Empens of Tierra Antigua Realty represented the tenant. Tammy Jo Rogers and Darron Ginn leased 3,912 square feet of industrial space at 3500 S. Dodge Blvd. from 3500 S. Dodge, LLC. Tim Healy and Robert DeLaney from CBRE’s Tucson office represented the landlord. The tenant was self-represented. Plutus Motor Group leased 6,998 square feet of industrial/showroom space at Copenhagen Warehouse, located at 3648 E. Ajo Way from Jorgen V. Hanson. CBRE Tucson’s John Ash, Robert DeLaney and Tim Healy represented the landlord. The tenant was represented by Gordon Wagner with Coldwell Banker’s Commercial Group. Poliska, LLC leased 2,504 square feet of retail space at Midstar Plaza, located at 4518 E. Broadway Blvd. from Midstar Partners, LLC. Nancy McClure and Michael Laatsch with CBRE’s Tucson office represented both the tenant and the landlord. Red Zone Sportz leased 2,050 square feet of retail space at Broadway Star Shopping Center, located at the northeast corner of Broadway Boulevard and Prudence Road from Broadway Star Partners, LLC. CBRE Tucson’s Nancy McClure and Michael Laatsch represented the landlord. The tenant was represented by Gary Best with KW Commercial. Crossfit Zona leased 3,000 square feet of industrial space at the Sunbelt Business Center, located at 1653 W. Grant Road from Romo Enterprises Ltd. CBRE Tucson’s s Tim Healy, Robert DeLaney and Bruce Suppes handled the transaction. Frost A Gelato Shoppe leased 2,505 square feet of office space at Foothills Corporate Center, located at 3430 E. Sunrise Drive from United Insurance Company of America. David Volk with CBRE’s Tucson office represented the landlord. The tenant was represented by Bruce Suppes, also with CBRE Tucson. SBBL Architecture & Planning leased 2,266 square feet of office space at the Pioneer Building, located at 100 N. Stone Ave. from Holualoa Pioneer, LLC. CBRE Tucson’s Buzz Isaacson represented the tenant. The landlord was represented by Bruce Suppes and David Volk, also with CBRE Tucson. The Tucson Pain Institute, PC leased 6,400 square feet of office space at 6252 E. Grant Road from Zebra Design & Development. The landlord was represented by Bruce Suppes and Ian Stuart with CBRE’s Tucson office. The tenant was represented by Mark Irvin with Mark Irvin Commercial Real Estate. Team Arizona Pizza, Inc. leased 1,500 square feet in the Southgate Shopping Center, located at 3312 S. Sixth Ave. from Red Mountain Asset Fund I, LLC. The tenant plans to open a Domino’s Pizza in the space. Southgate Shopping Center is anchored by Curacao, El Super, Melrose, and BBB Fashion. Debbie Heslop, CCIM with Volk Company represented the tenant. Jayme Fabe of CBRE Tucson represented the landlord. OPENINGS & EXPANSIONS Valley-based pizza joint Fired Pie is opening a downtown Tucson location. The fast-casual, build-your-own pizza (and salad) concept opened last year in the Phoenix area and this year plans to grow from four to eight restaurants. One of those shops will be in the Cadence student housing complex on Congress Street. This is the first Southern Arizona store for Fired Pie. THIS & THAT Tucson-based HSL Properties is expanding its Maricopa County presence with the purchase of a 414-unit, Class A apartment complex in Phoenix. With its June 24 acquisition of The Station on Central, 4140 N. Central Ave. (Central Avenue at Indian School), HSL now owns five apartment communities in the Phoenix metro and more than 40 across Arizona. Its greatest presence, of course, is in Tucson, and that too will be growing— the company plans to start building another luxury Encantada community in northwest Tucson later this year. The Station on Central, which HSL purchased for $53 million, will undergo a $600,000 renovation over the next year.

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