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Roadrunner Lock and Safe under an affiliate, Bean & Bean, LLC (Scott Warner) purchased the 8,199 sq. ft. building at 5001 E Speedway Blvd in Tucson for[mepr-show rules=”58038″]$690,000 ($84 PSF). Located at the northeast corner of Speedway and Santa Rosa, just west of Rosemont Blvd., the building sits on a 33,600 sq. ft. lot.

The property was formerly occupied by tenant, Graphic Impact that moved to 5440 E Speedway Blvd.

Roadrunner will vacate its current office at 4444 E   Grant Road Ste 112 to owner occupy the property. Roadrunner is a locally owned business since 1986 and full service locksmith for residential, commercial and safes and vaults including – lock out service, lock repair, rekeying, dead bolt installation, decorative hardware, gun safes, safe sales, and installation. Commercial master keying, rekeying, high security locks, hardware, access control, panic hardware, camera systems, and keyless access. They also  sell, open, repair, service, change combinations, move and install all brands of safes, including Liberty Safes, Heritage Safes, American Security Products, Horizon Safe, Eclipse Safes, Adesco, and Gardall.

Wells Fargo handled financing for the buyer.

The seller, Speedway Impact Partners, LLC (Marlene and Howard Volin) were represented by Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield / Picor Commercial Real Estate Services.

Warren at Roadrunner can be reached at (520) 326-5111. Furrier at Picor is at (520) 546-2735.[/mepr-show]

INDUSTRIAL – 1627 W GRANT ROAD, TUCSON

Luis Carillo leased 3,600 square feet at 1627 W. Grant Road in Tucson, the space formerly leased by All Sons Moving & Storage that moved to 750 E Ohio Street.  The landlord Rich Rodgers Investment, Inc. was represented by Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services.

INDUSTIRAL – 850 E OHIO ST, TUCSON

Legendary Woodworks (Matthew Habkirk) leased 2,780 square feet at 850 E. Ohio, Suites 20 and 21 in Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled this transaction.

INDUSTRIAL – 3820 E 44TH   STREET, STE 116, TUCSON

PooVak, LLC (Jerry Robichaux) leased 1,100 square feet at 3820 E. 44th Street, Suite 116 in Tucson from Rich Rodgers Investment, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled this transaction.

To submit sales and leases email [email protected]

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Infinity Insurance, a wholly owned subsidiary of Infinity Property and Casualty Corporation (NASDAQ:IPP) purchased the 49,964 sq. ft. building at 3160 E Transcon Way in Tucson for[mepr-show rules=”58038″]$5 million ($100 PSF) for its new Tucson location. Infinity plans to house 450 employees in the 49,964 sq. ft. building on 4.25 acres at final build out.

Infinity is already operating in about 22,000 sq. ft. of the building with 30 employees at Valencia Road and Country Club Road, having moved into the space formerly occupied by EOS Systems. The company plans to initially invest $500,000 – $1 million in the operation and hire 120 workers by the end of the year. When fully built out it will employ 400-450 employees. The remaining 28,000 sq. ft. is vacant, ready for final build out.

Infinity’s grand opening is scheduled for sometime in this Fall.

Infinity is a national provider of personal automobile insurance. Its products are offered through a network of approximately 13,000 independent agencies and brokers. According to TREO’s Regional Development Director, Michael Guymon, “Infinity first approached TREO last October and was attracted to Tucson for its bilingual workforce.”

Bo Cupps, Infinity’s Real Estate Director who handled the transaction for the company, says he knew the region from being stationed at Fort Huachuca in the military and sees one of the main attractions of locating to Tucson is being away from most natural distasters.  “The transaction was very straight forward and after all the negotiating and details were worked out closed in 30-days,” according to Cupps.

Todd Poer formerly with Jones, Lang LaSalle of Atlanta represented Infinity in the transaction. Poer has since moved to D. Scott Murphy Realtors of Atlanta. Tim Healy of CBRE in Tucson represented the sellers, AEH Investors V, LLC and PMH Investors V, LLC (Brandt Hazen, manager) of Tucson.

Guymon at TREO can be reached at (520) 260-3666. Cup at Infinity can be contacted at (205) 588-3230. Healy is at (520) 323-5119. Poer can be contacted (678) 584-5900.[/mepr-show]

Login for more information for subscribers. [ismember] This was a 1031 exchange for seller. On 6/5/2013 seller bought 4881 E Grant Road for $4,265,000 as part of the exchange. [/ismember]