TUCSON, Arizona — Local investment group, The Clover Company (Paul Kraft, CEO) through affiliates, Princeton GM and 4675 Coach Drive, LLC traded into an industrial investment at 4675 S Coach Drive and excess land in the Butterfield Business Park in Tucson for $1.6 million.

The 16,568-square-foot building on .98 acres was built in 2000 in the Butterfield Commerce Park sold on cap rate. It was fully occupied by a single tenant, Gyros Protein Technologies, a world leader in research and utilization of microfluidic technologies used to miniaturize and automate immunoassays. Gyrolab immunoassay platforms increase productivity and efficiency during development of biotherapeutics and vaccines, saving time, labor and sample. Major biopharmaceutical companies and their service providers utilize Gyrolab platforms to boost time-critical workflows and meet increasingly stringent regulatory demands.

The seller, Rainin Tucson, LLC of Oakland California also sold Lot 38 at Butterfield Business Park to the investor, a 4.01 acre vacant lot that was purchased for resale.

Rob Glaser with Cushman & Wakefield | Picor represented the seller in the transaction and is also marketing the vacant lot for the buyer.

For additional information, Glaser should be reached at 520.546.2707.

To learn more, see RED Comp #4684 and 4691.

TUCSON, AZ — EG, LLC of Tucson (Joe Tarver, manager) purchased a 45,675-square-foot industrial building in Butterfield Business Park, 4700 S. Overland Dr. in Tucson, from Legacy Property Management, LLC of Phoenix (Terry Proctor, Manager) for $6.08 million ($133.11 PSF).

The Property is comprised of a single industrial manufacturing facility constructed of concrete tilt-up panels. It was a built-to-suit for the current occupant, Xeridiem, in 1999 on 3.5 acres. Office space is of high quality and the manufacturing areas have substantial power and are fully air-conditioned. Of the building area, approximately 28,451-square-feet, or 62%, is of finished and air-conditioned space. Approximately 14,000-square-feet is dedicated to the cleanrooms with about 14,400-square-feet of office space and approximately 17,280-square-feet of warehouse space.

The single-tenant building was purchased as an investment property and is fully leased to Xeridiem Medical Devices, a medical device contract manufacturer.

Xeridiem has been a proven expert in the design and manufacture of Minimally Invasive delivery and access devices for 25+ years, working closely with customers to help identify their core competencies. The company as an outsourcing partner with customers to develop device concept into a manufacturable design, utilizing extensive development, engineering, QA & RA and manufacturing capabilities. As a result, Xeridiem’s delivers quality products in a timely and cost effective manner and creates the necessary pathway to transfer the design into full scale production at its FDA ISP Class 8 Cleanroom for medical device assembly and manufacturing in Tucson, Arizona.

Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Patrick Lindley, SIOR, with Cushman & Wakefield, Indianapolis, IN, represented the buyer.

For more information, Glaser can be contacted at 520.546.2707 and Lindley should be reached at 317.639.0457.

To learn more see RED Comp #4157.

Sasiadek’s Information Technologies purchased the former Pima Federal Credit Union building at 4841 S Overland Dr. in Tucson for $575,000 ($67 PSF) for the 8,554 sq. ft. building for its new location. Located in the Butterfield Business Park, the building was built in 1992 and has been vacant for about one year after the credit union vacated it. The office building in this industrial setting is on a 1.18 acre lot zoned CI-1 and was built out at time of sale as 80% offices and 20% bank operations.
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[mepr-show rules=”58038″]Sasiadek’s business has changed locations, products, and services many times since it was founded. However, their motto has followed throughout the changes. Sasiadek’s has always been in the business of serving business.

Sasiadek’s Information Technologies provides network management, I.T. consulting and printer services to businesses. In the middle of the last century, 1957, Sasiadek’s started selling hand operated adding machines and servicing manual typewriters. Over the years their products and services have changed. Sasiadek’s continued to focus on delivering real value and personalized service to their clients. Today, Sasiadek’s is providing a complete outsourced information technology department for a flat fee to organizations throughout Southern Arizona.

In the middle of the last century, 1957, Sasiadek’s started in Tucson selling hand operated adding machines and servicing manual typewriters. Over the years their products and services have changed. Sasiadek’s continued to focus on delivering real value and personalized service their clients.

Sasiadek’s believes that the company’s success is equal to the summation of all the employees’ successes. Recruiting and comprehensive selection process enables them to hire very smart, talented people who want to contribute, and be part of a very successful organization. Today, Sasiadek’s has a hundred plus employees.

Sasiadek’s is a local, family-owned and operated business and the recipient of many awards recognizing its commitment to excellence and integrity. Sasiadek’s has earned a reputation for delivering outstanding technical service.

John Yarborough of Romano Real Estate Corporation in Tucson represented the seller, Pima Federal Credit Union. Victor Nasser with Tierra Antigua in Tucson represented the buyer in the transaction.

Yarborough can be reached at (520) 577-1000 and Nasser should be contacted at (520) 544-2335.

Sale date: 9/5/2013. All cash deal for $575,000.[/mepr-show]