TUCSON, Ariz. (July 2, 2025) – Komatsu America Corp., a global leader in construction and mining equipment, has acquired the industrial property at 3285 E 44th Street in Tucson, Arizona, as part of its recent acquisition of Core Machinery’s southwestern dealership network. The transaction closed on June 12, 2025, with a recorded sale price of $3,119,504 ($143 PSF).
The 44th Street property, previously operated by Core Machinery, has now become a fully integrated Komatsu-owned facility. Located within Tucson’s South Industrial submarket, the site serves as a key regional hub for the sale, service, and support of heavy equipment.
Komatsu announced the broader acquisition of six Core Machinery locations, including Tucson, on June 9, 2025, as a strategic effort to strengthen its direct distribution and customer service capabilities in the Southwest. In an official release, Komatsu stated:
“This acquisition allows Komatsu to expand its support for construction and mining customers in Arizona, New Mexico, and West Texas. We are committed to continuing Core Machinery’s legacy of service while providing access to Komatsu’s global resources and technology.”
The seller of the Tucson facility was Core Machinery, headquartered in Phoenix, Arizona. The buyer, Komatsu America Corp., is based in Chicago, Illinois.
Source: RED Comp #11958