Two Broadmoor Office Condos Sell to Investor

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The Bank of Tucson through affiliate BOT Real Estate Holdings I, LLC (Robert Placzek, managing member) sold two office condos, unit 102 & 103, at 200 and 208 S Stratford Drive in Tucson to Kippat, LLC of Tucson (Pat Welchert, managing member) for[mepr-show rules=”58038″]$149,000 ($55 PSF) all-cash. The 2,589 offices were vacant and bank owned at time of sale.

The class-B property at the Broadmoor Executive Center is already leased to two separate undisclosed medical tenants by the new owner. The 200 S Stratford office condo (built 1953) is 1,497 sq. ft. while the condo at 208 S Stratford (built 1958) is 1,196 sq. ft.

Brandon Rodgers, CCIM, Industrial Sepcialist with Cushman & Wakefield / Picor represented the seller. Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield / Picor represented the buyer in this transaction.

Placzek at Bank of Tucson can be reached at (520) 321-4500. Welchert should be contacted at (520) 546-2748 and Rodgers is at (520) 546-2714.

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