New Year Brings Flurry of Sales and Leases

New Year Brings Flurry of Sales and Leases

New Year 2015 ushers in a flurry of sales and leases for Tucson Realty & Trust Co. Agents

Commercial Real Estate Agents at Tucson Realty & Trust Co. have ushered in the New Year with a flurry of transactions. Coupled with the recent activity in December there has been a lot of movement particularly in office.

Sales:

Mike Gross, commercial real estate agent Office for sale or leaseJanuary 8, 2015 – La Playa Caliente, LLC, with Desert Hope Lutheran Church as Assignee, purchased the property located at 7474 E Speedway Blvd., Tucson, Arizona, from TM Building & Development, Inc.  The property consists of an approximately 8,000 square-foot building on approximately 4 acres of land. Michael Gross and Terry Lavery, CCIM, of Tucson Realty & Trust Co. represented the Seller and Rob Tomlinson of Picor Commercial Real Estate Services represented the Buyer in the transaction. (Note:  Sale Price:  $750,000.00)

Leases:

January 9, 2015 – Les-Paul Lounge, LLC, leased approximately 659 square feet of office space (Suite 411) and approximately 2,658 square feet of restaurant/lounge space (Suite 113) located at 4400 E. Broadway Blvd., Tucson, Arizona, from 4400 Broadway, LLC.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord in the transaction.

Carpenter Hazelwood Delgado & Bolen, PLC, leased approximately 2,534 square feet of office space located at 333 N. Wilmot Road, Suite 180, Tucson, Arizona, from National Bank of Arizona.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord and David Volk of CBRE represented the Tenant in the transaction.

Southwest Contractor’s Supplies, Inc. leased approximately 1,347 square feet of office space located at 6303 E. Tanque Verde, Suite 240, Tucson, Arizona, from Mark D. Brinton Family Trust.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord in the transaction.

January 9, 2015 – Shoshana Elkins leased approximately 1,068 square feet of office space located at 2055 N. Kolb Road, Suite 121, Tucson, Arizona, from KRP, LLC.  Tari Auletta, CCIM, and Doug Richardson of Tucson Realty & Trust Co. represented the Landlord in the transaction.

Tucson Realty & Trust Co. Agents also saw a lot of activity in December 2014

Sales:

December 2, 2014 – Tin Cup Properties, LLC, purchased the property located at 1624 S. Euclid Avenue, Tucson, Arizona, consisting of an approximately 8,000 square-foot building on 78,200 square feet of land, from the Normal Trust. Chuck Blacher of Tucson Realty & Trust Co. represented the Seller and Ron Zimmerman of Picor Commercial Real Estate Services represented the Buyer in the transaction. (Note:  Sale Price:  $350,000.00)

December 15, 2014 – Brinton Investments, LLC, purchased an approximately 30,588 square-foot building on approximately 67,433 square feet of land located at 6303 E. Tanque Verde, Tucson, Arizona from Roben Family Limited Partnership, L.P.  Michael Gross of Tucson Realty & Trust Co. represented the Seller and John Weaver, Real Estate Broker, Tucson, Arizona, represented the Buyer in the transaction. (Note:  Sale Price:  $1,492,000.00)

4400 E. Broadway Blvd., Tucson, AZ office for leaseDecember 20, 2014 – Norcap, LLC, purchased the property located at 4400 E. Broadway Blvd. Tucson, Arizona, from 4400 Tower, LLC.  The property consists of two buildings totaling approximately 132,000 square-feet of space on 4.57 acres of land. Michael Gross of Tucson Realty & Trust Co. and Rick Kleiner of Cushman & Wakefield/Picor represented the Seller in the transaction.  The Buyer was self-represented. (Note:  Sale Price:  $8,125,000.00.)

Leases:

December 19, 2014 – Fairway Independent Mortgage Corporation leased approximately 794 square feet of office space located at 190 W. Magee, Suite 172, Oro Valley, Arizona, from WVLC, LLC.  Michael Gross and Douglas Richardson of Tucson Realty & Trust Co. represented the Landlord in the transaction.

December 17, 2014 – Pima Council on Aging leased approximately 5,162 square feet of office space located at 6303 E. Tanque Verde, Suite 300, Tucson, Arizona, from Brinton Investments, LLC.  Michael Gross of Tucson Realty & Trust Co. represented the Landlord and David Volk of CBRE represented the Tenant in the transaction.

December 12, 2014 – Community Medical Services leased approximately 1,650 square feet of medical office space located at 6628 E. Carondelet Drive, Tucson, Arizona, from Team Anasazi, LLC.  Tari Auletta, CCIM, and Doug Richardson of Tucson Realty & Trust Co. represented the Landlord and Bruce Suppes of CBRE represented the Tenant in the transaction.

 

 

 

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