Tucson Office Condo Market is Brisk at Year End

2810 N Swan Road, Tucson, AZ
2810 N Swan Road, Tucson, AZ

Offices and office condominiums have been selling at a quick clip as we close on 2015. The following condominium sales took place in late November and December in Tucson.

Law Broski’s, LLC (Steven Centuori and Rene Alcoverde, Jr.) purchased a 3,013-square-foot office condominium in North Swan Condominiums, located at 2810 N Swan Road, Ste. 160 in Tucson from Buehler Properties, LLC of Tucson (Robert Buehler) for $527,275 ($175 PSF). The buyer purchased to owner occupy the space for the law firm Centuori & Alcoverde, PC. Janine Irvin of Mark Irvin Commercial Real Estate Services represented the buyer and Buzz Isaacson and Jeffrey Casper with CBRE in Tucson represented the seller.

For more information, Irvin can be reached at 520.620.1833, Isacccson is at 520.323.5100 and Casper should be called at 520.323.5181. To learn more, see RED COMP #3481.

4007 E Paradise Falls Drive, Tucson, AZ
4007 E Paradise Falls Drive, Tucson, AZ

Consensus Ventures, LLC of Tucson (Chris McLean) purchased a 3,191-square-foot office condominium at Rillito Crossing Corporate Center, located at 4007 E Paradise Falls Drive, Units 125 and 126 from William K Wonders, trustee of the Wonders Living Trust for $725,000 ($227 PSF). The office space was built in 2007 and vacant at time of sale. To learn more, see RED COMP #3455.

6041-6043 E Grant Rd, Tucson, AZ
6041-6043 E Grant Rd, Tucson, AZ

CGAA, LLC of Tucson (Amber Perry) purchased the 2,368-square-foot office condominium in Old Farm Executive Park, located at 6041-6043 East Grant Road in Tucson for $305,000 ($129 PSF) from Debra Budinger Meyer and Cynthia O’Rourke Sands. Built in 1996, the property sold with a tenant in 1,368-square-feet and two years remaining on the lease. Jordan Simon and Karen Ferrell of Venture West in Tucson handled the transaction.

For more information, contact Simon and Ferrell at 520.722.9292. To learn more, see RED Comp #3508.

1607 W Ina Road, Tucson, AZ
1607 W Ina Road, Tucson, AZ

Deriana Properties, LLC of Tucson (Ronald Deriana) bought the 1,514-square-foot office condominium, located in the Ina Road Professional Center at 1607 W Ina Road, from the National Bank of Arizona for $215,000 ($142 PSF). The buyer was a tenant prior to sale, dba Dr. Ronald Deriana, DDS.

For more information, see RED Comp #3509.

Page Holdings, LLC has purchased 2,112-square-foot office condominium at San Rafael Medical Center located at 6560 E. Carondelet Drive in Tucson from James and Vicky Sherman for $139,392 ($66 PSF). The transaction was conducted by CBRE’s Tucson office. The buyer was represented by Bruce Suppes. The seller was represented by Jeff Casper, David Montijo, and Damian Wilkinson.

For more information, Suppes, Casper, Montijo and Wilkinson can be reached through the CBRE office at 520.323.5100. To learn more, see RED COMP #3478.

7475 E Broadway Blvd, Tucson, AZ
7475 E Broadway Blvd, Tucson, AZ

Andrew and Brenda A Knapik of Tucson purchased a 1,700-square-foot office condominium, located in the Broadway Executive Plaza, 7475 E Broadway Blvd in Tucson from ACE CAT, LLC of Tucson (Ben Bradford) for $121,500 ($71.47 PSF). Built in 1980, the unit had been refurbished with new carpet and paint. Jon O’Shea with Vast Real Estate Solutions represented the seller in the transaction.

For more information, O’Shea can be contacted at 520.398.7104. To learn more, see RED Comp #3420.

2579 M First Ave, Tucson, AZ
2579 M First Ave, Tucson, AZ

Bouchard Properties, LLC of Tucson (Francis and Deborah Bouchard) purchased an 817-square-foot office condominium in Jacinto Business Plaza, located at 2579 N. First Ave. in Tucson, from Aaron J. Eden for $87,500 ($107 PSF).  Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR, represented the seller and Ellen Golden with GoldSmith Real Estate, represented the buyer in this transaction.

For more information, Zellet should be reached at 520.546.2739 and Golden is at 520.219.3100. To learn more, see RED COMP #3515.