SALE

Synergy Plaza, LLC purchased the former McMahon Plaza in Tucson, located at 2941 – 2959 N. Swan Rd. & 4626 – 4646 E. Ft. Lowell Rd., from Western Alliance Bank for $5,000,000. The 46,933 square foot mixed-use property includes office, retail and restaurant space.  The project will be rebranded as “Synergy Plaza”.  The restaurant will be converted to office use, and the other on-site office buildings will remain as such. Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the buyer and Mike Sandahl and Buzz Isaacson with CBRE, Inc., represented the seller in this transaction.

McCraren Properties 1, LLC purchased a 14,636 square foot building at 3980 E. Columbia St. in Tucson from MMH Holdings, LLC for $730,000.  Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer and David Gallaher with Tucson Industrial Realty, represented the seller in this transaction.

LEASE

Arizona EndoVascular Center, PLLC renewed their lease for 7,337 square feet of medical office space at 6565 E. Carondelet Dr., Suite 235 in Tucson from Tucson Medical Investors, Ltd.  Rick Kleiner, MBA, and Tom Knox, SIOR, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord and Andrew Sternberg with Oxford Realty Advisors, represented the tenant in this transaction.

Lifeshare Management Group, LLC leased 4,394 square feet of office space at 2430 E. 6th St. in Tucson from Harvey Trust.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord and Paddy Mullen with Cushman & Wakefield of Missouri, represented the tenant in this transaction.

Creative Vapor, LLC leased 2,155 square feet in Broadway Center at 5622 E. Broadway Blvd. in Tucson from Broadway Craycroft, LLC.  Greg Furrier, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord and Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

Remblake Builders, LLC leased 1,440 square feet at 1870 W. Prince Rd., Suite 20 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

Great Escape Tucson, LLC leased 1,272 square feet at 4500 E. Speedway, Suite 113 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.