TUCSON, AZ (January 22, 2025)—A single-tenant industrial property located at 285 E Missouri Street in Tucson sold for $1,275,000 ($203 PSF) to BPM Holdings, LLC. The cross-dock industrial building featured ten roll-up bay doors and 6,275 square feet of leased space. It was occupied by a long-term tenant on a multi-year lease.
Chapman Management Group will manage the property for the new owners.
Erik Chapman, CCIM, CPM, and Nick Travassos, MRED of Chapman Management Group, LLC, represented Gallaher Grit Limited Partnership, the seller. Matt Hagan and Brian Payne of Lee & Associates Arizona represented the buyer.
The sale occurred on December 23, 2024.
For more information, Erik Chapman can be reached at (520) 867-8899, and Nick Travassos can be reached at (520) 867-8438.
To learn more, subscribers should refer to RED Comp #11716.