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On 3/27/2013 Two office condos sold as investment sales at Magee Center Office Condominium, 2292 West Magee Road Suites #230 & 270 in Northwest Tucson for

[mepr-show rules=”58038″]$250,000 ($117 PSF). The transaction was a short sale, the seller, Devkey, LLC of North Las Vegas.

Both suites were leased at time of sale, Del Oro Realty in Suite 230 and Executive Pest Control in Suite 270.

With this purchase, the buyer, John Kai of Tucson owns seven suites at Magee Center and reported three currently vacant. The complex was reported to be 85% economically occupied at time of sale and 50% physically vacant.

John Hamner of Keller Williams represented the seller in the transaction.

Hamner can be reached at (520) 907-0030.

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INDUSTRIAL SPACE – 3850 E. 44th Street, Tucson
Aguirre Enterprises of Nogales, AZ leased 20,364 sq. ft. at 3850 E. 44th Street in Tucson from CJ Southwest Property Partners, LLC for a wheel and tire warehouse dba California Tire Store. Stephen Cohen and Russ Hall, Principals and Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled this transaction.

INDUSTRIAL SPACE – 2155 N. Forbes Boulevard, Suite 104, Tucson
Trane U.S. renewed their 16,795 sq. ft. lease at 2155 N. Forbes Boulevard, Suite 104 in Tucson from Forbes Tucson, LLC. Rob Glaser, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the Landlord in this transaction.

INDUSTRIAL SPACE – 845 E. Ohio, Suite 109, Tucson
AAA Old Pueblo Moving and Storage leased 10,000 sq. ft. at 845 E. Ohio, Suite 109 in Tucson from 845 Ohio, LLC. Brandon Rodgers, CCIM, Industrial Specialist, Russ Hall, Industrial Specialist and Stephen Cohen, Industrial Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord and Rob Fischrup with Vast Commercial represented the tenant.

INDUSTRIAL SPACE – 3837 E. 37th Street, Tucson
Record Energy Concepts, Inc., a heating and cooling service company, leased 3,750 sq. ft. of warehouse space at 3837 E. 37th Street in Tucson from Bob’s Thirty-Seventh Street Property, LLC. Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord in this transaction

INDUSTRIAL SPACE – 3819 S. Evans Boulevard, Suite 303, Tucson
Earth Song Botanicals / New Star Nootropics of Tucson leased 930 sq. ft. at Ajo/Evans Business Park – 3819 S. Evans Boulevard, Suite 303, in Tucson from Ajo/Evans Business Park, LLC. Pat Welchert, SIOR, Industrial Specialist and Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the landlord in this transaction.

RETAIL SPACE – 1870 W. Prince Road, Suite 3, TUCSON
Darin & Diana Weathersby, DBA Affordable Windows of Tucson, leased 1,440 sq. ft. at 1870 W. Prince Road, Suite 3 in Tucson from Presson Corporation. Rob Glaser, Principal, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, represented the landlord and Jeff Zellet, Retail Specialist with Cushman & Wakefield | PICOR Commercial Real Estate Services represented the tenant.

FLEX SPACE – 4500 E. Speedway, Tucson, AZ
The following businesses leased and renewed space at 4500 E. Speedway from Presson Midway, LLC: CQR Holdings, LLC leased 1,067 sq. ft. in suite6. Visual Images Production, Inc leased 1,600 sq. ft. in suite 8. Sushi Ten leased 3,100 sq. ft. in suites 1& 2. Universal Protection Service leased 958 sq. ft. in suite 2A and 1,620 sq. ft. to Nails to Go Go in suite 87. Rob Glaser, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR Commercial Real Estate Services, handled these transactions.

TENTATIVE OFFICE LEASE – 100 N STONE AVE, TUCSON
Gangplank of Tucson, an Arizona nonprofit that fosters creative, collaborative and entrepreneurial working environments reports it is about to finalize negotiations with an affiliate of Holualoa Companies for an 8,000 sq. ft. in the Pioneer Building at 100 N Stone Ave. with free rent for the first six months from the landlord and help from supporters. The nonprofit has also applied for financial assistance from the City of Tucson for economic development program.

To submit your leases or sales email [email protected]

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Dunkin Donuts franchisee, Campbell Tucson Retail, LLC of Chandler, AZ (J. Aaron Klusman, manager) exercised a purchase option on the restaurant at 2553 N Campbell Ave. in Tucson[mepr-show rules=”58038″]for $575,000 ($336 PSF) after doing a complete reconstruction of the former Los Alazones Mexican Food restaurant. The 1,712 sq. ft. building was originally built in 1970 as a What-A-Burger and is located northwest of Campbell and Grant. The sellers were Edward E Colson and Karen Jeanne Colson, Trustees of the Colson Family Trust of Carlsbad, CA.

As part of a double escrow, also on March 22nd, Campbell Tucson Retail resold the property to Ronnie and Judith Green of Aurora, CO in a sale leaseback agreement with the franchisee for $1.25 million and undisclosed terms.

The new Dunkin Donuts is to open Saturday, March 30th. The building has been completely transformed from the original structure that was razed down to the slab and one wall, as the before and after photos indicate. The transformation to the entire city block is a dramatic one. The franchisee owns other Dunkin Donuts and / or coffee shops in the Phoenix and Las Vegas markets. This is its first store to open in Tucson.

Rick Borane of Volk Company in Tucson handled the lease and purchase option with sale for the franchisee.

To contact Borane call (520) 326-3200. Klusman is at (602) 774-3300.

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