Office transactions listed by submarkets:
EASTSIDE SALES
Willard and Everly Rens have purchased a 2,562-square-feet office building at 627 N Swan Road in Tucson. The seller was Victor Schwanbeck. The property has seven private offices, plenty of parking and conference room, reception and waiting room. It will be occupied by Answers For Life, a pregnancy center. Peter Canacakos of Long Realty represented the seller in this transaction. The asset commanded a sale price of $215,000 ($84 PSF).
Recover and Realign, LLC of Tucson ( Jeruel Hewitt) a massage therapist, has purchased approximately 2,616-square-feet of medical office space at 6552 E Carondelet, Building F, Units A & B, Tucson, at the San Rafael Medical Center. The seller was James and Vicky Sherman. Doug Richardson of Tucson Realty & Trust Co. represented the buyer and Jeff Casper and Dave Montijo of CBRE represented the seller in the transaction. The asset commanded a sale price of $143,880 ($55 PSF).
Tucson Tax Team, LLC of Tucson (Mona Coury, manager) has purchased a 1,604-square-feet office condominium at Old Farm Executive Park located at 6111 E. Grant Road in Tucson. The seller, 6111 Partners LLC, was represented by CBRE’s David Montijo and Damian Wilkinson. The buyer was represented by Jeff Casper with CBRE. The asset commanded a sale price of $270,000 ($168 PSF).
CENTRAL SALES
Barrio Holdings, LLC of Tucson (Eric Oxman, manager) has purchased the 9,464-square-foot office building located at 721 N 4th Ave. in Tucson from Bernard and Sylvia Rabinovitz. Tom Knox, SIOR, with Cushman & Wakefield | Picor, represented the seller. Tony Reed with Long Realty Commercial Division represented the buyer in the transaction. The asset commanded a sale price of $975,000 ($103 PSF).
NORTHWEST SALES
Zapazoo Properties, LLC of Oro Valley (Atty D Smith, manager) has purchased a 1,550-square-feet office condo at 1840 E Innovation Park Dr. at the Rancho Vistoso Innovation Corporate Center in Oro Valley. The seller, MG DDS Holdings, and the buyer were represented by Jordan Simon of Venture West. The asset commanded a sale price of $295,000 ($190 PSF).