Tucson Tamale Food Processing Plant, 102 W 29th Street, Tucson

TUCSON, ARIZONA (April 29, 2025) – Tucson Tamale Company has significantly expanded its production capabilities by launching a new 14,000-square-foot USDA-certified food processing facility at 102 W. 29th Street in South Tucson. The new plant will allow the company to produce up to 25 million tamales annually, representing a fivefold increase over its previous production capacity.

The facility results from a joint project with Diamond Ventures, which purchased the former Malone Meat & Poultry Co. building in January 2021 for $955,000. Diamond Ventures oversaw the buildout of the space, while Tucson Tamale equipped it with an advanced automated production system. Owners Todd and Sherry Martin have leased the building under a 15-year agreement.

In April 2025, PR & MC Properties acquired the property housing Tucson Tamale Company at 102 and 120 W. 29th Street for $2,395,000 ($178 per square foot). The seller was TT DVI, LLC, an affiliate of Diamond Ventures. The transaction was brokered by Geoffrey Turbow and Anthony DeLorenzo of CBRE Newport Beach along with Tim Healy of CBRE’s Tucson office  representing the seller.

The South Tucson facility supports Tucson Tamale’s expanding national footprint. Products are now available in over 4,000 retail stores nationwide, and a strong e-commerce business ships more than 3,500 orders each December. Locally, the company expects to sell between 25,000 and 30,000 tamales at each Tucson restaurant location during the holiday season.

Production at the new plant operates continuously, with an automated extruder mixing masa and filling tamales before they are hand-wrapped, cooked, frozen, and packaged. This new facility complements Tucson Tamale’s original Dragoon Street production site, which opened in 2015 and continues to produce 5 million tamales annually through a traditional batch system. Together, the company now employs approximately 50 full-time workers across both locations.

PR & MC Properties, LLC is a privately held real estate investment company based in Corona del Mar, California. Established on January 4, 2024, and registered with the Arizona Corporation Commission, the firm is headquartered at 1207 Starboard Way. Steven Paul Lancaster serves as both a member and a manager of the company.

The acquisition of the Tucson Tamale facility aligns with PR & MC Properties’ investment strategy, focused on stable, income-generating assets with long-term tenants. The facility is fully leased through 2036, providing a consistent and reliable revenue stream.

Reference: RED Comp #11871

240 N. Freeport Drive in Nogales, Arizona

NOGALES, ARIZONA (April 29, 2025)  — Delta Properties, LLP has acquired an 8,257-square-foot executive office building at 240 N. Freeport Drive in Nogales, Arizona. The property was purchased from Joffroy Holdings, LLC for $800,000.

Built in 1983, the two-story building sits on a 0.55-acre parcel (APN 113-49-019C) is zoned B-2 (General Business). Formerly occupied by United Parcel Service (UPS), the property was vacant at the time of sale. Strategically located near the Mariposa Port of Entry, the building offers large open office areas, multiple private offices, and conference rooms.

Delta Properties intends to lease the property, which is currently available at $16.00 per square foot per year on a triple-net (NNN) basis. Cushman & Wakefield | PICOR handles the leasing, with Stephen D. Cohen, Principal, and Jose Dabdoub, International Specialist, serving as the listing agents.

Stephen D. Cohen, Principal, and Denisse Angulo-Badilla, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in the transaction. Jose Dabdoub, former Industrial Specialist with the firm, also assisted in representing the seller.

Joffroy Holdings, LLC is associated with Joffroy Group, located at 1251 N. Industrial Park Avenue in Nogales, Arizona.

For leasing inquiries, contact Stephen Cohen at (520) 546-2750 or Angulo-Badilla at 520.546.2736. Jose Dabdoub can also be reached at 520.980.0282 for more information on the sale.

Reference: RED Comp #11879

TUCSON, AZ (April 28, 2025)— Allan Mendelsberg and Joey Martinez, Principals and multifamily specialists with Cushman & Wakefield | PICOR, brokered two separate multifamily transactions totaling $2,324,333 in Tucson, Arizona.

In the first transaction, the Lina Fang Trust acquired Longfellow Court, a 12-unit multifamily property located at 3950 E. Elmwood St. and 15–33 N. Longfellow Ave. The 6,640-square-foot complex includes a mix of two single-family homes, one duplex, and an eight-unit apartment building. Amenities at the property include a swimming pool and off-street parking. The asset was purchased from 15 Longfellow, LLC for $1,324,000 on March 24, 2025.

In the second transaction, Rodney and Nelly Gonzalez purchased two fourplexes at Morris Apartments, located at 5733–5735 S. Morris Blvd. The buildings total approximately 6,850 square feet and have eight units, each with two bedrooms and one bathroom. The properties were acquired from 5733 S Morris LLC and 5735 S Morris LLC for a combined price of $1,000,333. The deals closed in dual transactions on March 28, 2025.

For more information, contact Allan Mendelsberg at 520.546.2721 or Joey Martinez at 520.546.2730.

For more information, Mendelsberg should be called at 520.546.2721, and Martinez is at 520.546.2730.

Reference: RED Comp #11861 and #11805.