MasterPieces Puzzle Company of Tucson (David Rolls, President / CEO) purchased the 8,430-square-foot office building at 12475 N Rancho Vistoso Blvd. in Oro Valley from ArrowVistoso Properties, LLC of Tucson (Robert Hansen, Trustee) for $1.14 million ($135 PSF). The property was vacant at time of sale, the seller, a former owner occupant dba Hansen Investments.
The buyer purchased the property for an expansion move from its current location at 2843 W Master Pieces Drive in Tucson. The Rancho Viscose property was constructed in 2004 on 1.72 acres it has a 1.46 / 1,000 SF parking ratio and sold in above average condition with many high end furniture & fixtures included in the sale.
MasterPieces Puzzle Company was founded in 1995 with a passion to serve diverse retail markets and partner with evergreen brands and top puzzle artists. The company is celebrating 20 years of serving the Toy Industry this year, having established itself as the market leader for combining the best quality products with the best value.
Works of Ahhh wood craft brand, acquired by MasterPieces in 2007, originated out of the specialty toy business. MasterPieces also launched a Sports Toy Division in 2013 on the strength of partnerships with National Football League (NFL), Major League Baseball (MLB), National Hockey League (NHL) and over 40 different NCAA Colleges.
Tom Nieman, Office Specialist with Cushman & Wakefield | Picor of Tucson represented the seller and Alan Moore of Chapman Lindsey Commerical Real Estate also of Tucson, represented the buyer in the transaction.
Moore said, “This was an excellent opportunity for both buyer and seller, a true ‘win-win’ for both, and was one of the most pleasant transactions I’ve had the pleasure to work on in my 30-years of commercial real estate experience.”
To learn more Moore can be reached at 520.747.4000 ext. #105 and Nieman is at 520.546.2728.