KOLD, LLC (Debbie Bush, Tucson General Manger) purchased the 22,804-square-foot industrial building at 7831 N Business Park Drive in Tucson from Redyns Development, LLC of Tucson (Harold Snyder, Manager) for $2,432,190 ($107 PSF).

KOLD-TV News 13 serves the entire Southern Arizona region with serious, hard-hitting news coverage and was a tenant in the property prior to the sale. The property serves as broadcast studios and offices for KOLD, KMSB Television and KTTU Television.

Raycom Media, Inc. of Montgomery, AL owns KOLD and the Belo Corporation, which owns KMSB and KTTU, the three entered into a Shared Service Agreement in February 2012 under which KOLD provides news, marketing and engineering services to KMSB/KTTU.

With 53 stations covering more than 13% of U.S. households, the group now ranks No. 11 (by spot revenue) on the BIA/Kelsey-TVNewsCheck Top 30.

Backed by the Alabama Retirement Systems, Raycom Media also owns Raycom Sports, a marketing, production, events management and distribution company.

Stephen Cohen and Russ Hall, SIOR, GSCS, Industrrial Specialists with Cushman & Wakefield | Picor represented the seller, Redyns Development in the transaction. Joe Judge of Washington, DC and Pat Williams of JLL Jones Lang LaSalle of Phoenix represented the buyer, KOLD.

To learn more Cohen and Hall can be reached at 520.748.7100. Williams can be contacted at 602.282.6300.

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.

WAA Wildcat House, LLC of Tucson (April A.Worden, Owner/Manager) bought the famous discotheque, Wildcat House at 1801 N Stone Avenue in Tucson for $675,000 ($67.50 PSF). The free standing 10,000-square-foot corner building (built 1977) located at the northwest corner of Stone Avenue and Lester Street, sold with 4.38 acres of I-1 zoned land, approximately 3.6 acres of which is excess land.

Like most major cities, Tucson had its own disco subculture scene ‘for sure’ and the Wildcat House was the ‘good vibes’ at the center of it all, ‘feelin’ the funk’ and ‘getting down’, the place to go to ‘get your groove on’ with the ‘Roxy’, dancing, ‘the threads’, and ‘big hair’,  all that ‘totally hot’ stuff from the late 1970s and 1980s. The Wildcat House was ‘loooo-king Gooood’ too up until April 2012 when the ‘far out crib’ closed, man.

Can you dig it? As recently as 2005 it had been rumored a possible disco revival with foxy Madonna was possible, but like ‘freaky-deaky’ it didn’t happen. Bummer!

It sold in ‘mint condition’ fully fixturized, complete with ‘flash back’ 16-foot ceilings, powerful PA system, a huge dance floor, dance cages, disco lights, and a type-6 liquor license.

The building could be ‘funked-out’ (repurposed) for almost anything, a fitness gym, church, charter school or other retail use. With the industrial zoning connected to the property, it could become anything one can imagine.

The seller was the original builder and owner-operator of the Wildcat Club for 35 years, The Graduate Restaurants of San Luis Obispo, CA (William Everett, Manager). Winfield Shiraz with Daum Commercial Real Estate of Los Angeles, CA represented the seller.

Juan Teran, CCIM, with Chapman Lindsey Commercial Real Estate Services of Tucson represented the buyer and will be marketing the property.

In conclusion, I’d just have to say, ‘Catch you on the Flip-side’ and ‘Keep on Truckin’.

To ‘dig’ more Teran should be reached at 520.747.4000 ext #104.