CBRE Releases Recent Transaction Report

CFT NV Development LLC purchased 1.15 acres of land on the northeast corner of Sahuarita Road and Rancho Sahuarita. Jesse Peron and Pete Villaescusa of CBRE represented the buyer. Dave Hammack of the Volk Company represented the seller, Rancho Sahuarita XX LLC, in the transaction. The Purchase price was $950,000.

L&J Investment III purchased 1.51 acres of land at 2533 & 2549 W. Poppy Avenue in Tucson. Tim Healy and Bob DeLaney of CBRE represented the sellers, Deanna Kilgour and Mark Smith, in the transaction. The purchase price was $200,000.

C&S Lock and Security purchased a 1,755 sq. ft. free standing building at 1435 W. Prince Road.  Michael Laatsch of CBRE represented the seller, Dr. Robin O’Neal, in the transaction. The Purchase price was $155,000.

 

 

ProActive Physical Therapy leased 4,361 sq. ft. of office space at 7601 N. Oracle Road. Jeff Casper of CBRE represented the tenant. Mike Gross of Tucson Realty and Trust represented the landlord, National Bank of Arizona, in the transaction.

Sterling Jewelers, Inc (DBA:  Kay Jewelers), based in Akron, Ohio, has signed a long-term lease at Tucson Spectrum, 1183 W. Irvington Road, #130, in 2,660 SF.  CBRE’s Nancy McClure and Michael Laatsch represented the Landlord, DDR Tucson Spectrum I, LLC, in the transaction.   Tenant is slated to open this Fall.

 

 

Gary Repovsch CPA leased 1,940 sq. ft. of office space at 1 W. Wetmore. David Montijo and Damian Wilkinson of CBRE represented the tenant. Tom Neiman of Picor | Cushman Wakefield represented the landlord, Issa & Henrietta Hallaq, in the transaction.

Design and Adorn LLC leased 1,936 sq. ft. of retail space at 4630 and 4632 E. Grant Road. The tenant has operated in part of this space since 2010 and recently signed a long-term lease expanding into the adjacent suite.  Nancy McClure of CBRE represented the landlord, HLF Properties, in the transaction.

 

 

Saguaro Sky 3, LLC dba Baja Cafe leased 1,445 sq. ft. of retail space at 3900 Ina Road in the Embassy Plaza shopping center. Esther Empens of Tierra Antiqua represented the tenant. Michael Laatsch of CBRE represented the landlord, Embassy Plaza LLC, in the transaction.

 

 

Rita Brimer leased 1,040 sq. ft. of retail space for a hair salon at 3900 W. Ina Road in the Embassy Plaza shopping center. Michael Laatsch of CBRE represented the landlord, Embassy Plaza LLC, in the transaction.

 

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