Tag Archives: Cushman & Wakefield | PICOR

Bakehouse Bread Company, LLC purchased the 22,550 square foot industrial building at 2520 N. Jackrabbit Ave. in Tucson.

Trinity Art Collective, Desert Whale Jojoba sign leases in Tucson

Cushman & Wakefield | PICOR announced the following transactions in Tucson:

 

Trinity Art Collective leased 1,200 square feet at 7455 W. Twin Peaks Rd., Suite 101 in Tucson from CJR Investments, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant. Lori Casey with Oxford Realty Advisors represented the landlord in this transaction.

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Desert Whale Jojoba Co., Inc. leased 8,200 square feet at 2021 E. Beverly Dr. in Tucson from SRS Acquisition Corporation.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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Bakehouse Bread Company, LLC purchased the 22,550 square foot industrial building at 2520 N. Jackrabbit Ave. in Tucson from Michael & Janet Gompper for $1,350,000.   The Bakehouse Bread Company, a local wholesale bakery founded in 1996, will be moving its operation to a facility more than double the size. The wholesale bakery provides quality artisan breads to local restaurants, caterers and resorts in Phoenix, Tucson and Southern Arizona. Stephen Cohen and Russ Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller. Tim Healy and Bob Delaney with CBRE, represented the buyer in this transaction.

 

Retina Centers, P.C. renewed their lease for 1,182 square feet at 1701 W. St. Mary’s, Suite 111 in Tucson from Healthcare Realty Services.  Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

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TestAmerica Laboratories, Inc. leased 1,200 square feet at 1870 W. Prince, Suite 59 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Abel Wenning with Cresa Partners represented the tenant in this transaction.

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Wood and Stone, LLC leased 1,390 square feet at 850 E. Ohio, Suite 3 in Tucson from Rich Rodgers Investments, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

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Southard Knives & Tools, LLC leased 1,500 square feet at 6890 N. Camino Martin, Suite 110 in Tucson from Camino Martin Partners II, LLC. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled the transaction.

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Sonora Quest Laboratories, LLC renewed their lease for 1,563 square feet at 1773 W. St. Mary’s, Suite 101 from Richard A. Silver Irrevocable Life Insurance Trust.  Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

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Doug and Anne Stewart dba Solutions i3, LLC leased 1,725 square feet at 2341 S. Freibus, Suite 17, in Tucson, from Oak Properties.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

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Destiny Church International leased 4,459 square feet at 4500 E. Speedway, Suite 110-112 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction.

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MoKelly, Inc. dba Famous Sam’s leased 4,640 square feet at 2480 W. Ruthrauff, Suite 170-192, in Tucson, from Presson Scottsdale, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, handled this transaction.

bakehouse-bread v2, WEB

Bakehouse Bread Company buys 22KSF in Tucson

CBRE has negotiated the purchase of a 22,500-square-foot industrial facility for Bakehouse Bread Company. The property is located at 2520 N. Jackrabbit Ave. in Tucson. The asset commanded a sale price of $1.35 million.

 

Tim Healy and Bob DeLaney with CBRE’s Tucson office represented Bakehouse Bread Company in the transaction. The landlord, Michael and Janet Gompper, was represented by Steve Cohen with PICOR/Cushman & Wakefield.

 

We are incredibly excited about this next phase of growth, said John McKearney, who founded Bakehouse with his wife Nancy in 1996 after relocating to Tucson from Michigan. “The Greater Tucson community, and Arizona as a whole, has been supportive of our company from day one welcoming Bakehouse Bread Company with open arms. I think that response speaks to the quality of our product, but also says a great deal about the community’s desire to support local business, too.”

 

This purchase marks an expansion for the Tucson-based artisan-bread wholesaler, relocating its operations from its leased 7,875-square-foot facility located at 2550 N. Dragoon in Tucson. With the expansion of its physical footprint, Bakehouse Bread Company also has plans to expand its employee base to accommodate the growth of the company and better serve the needs of its expanding customer list.

 

First opened as retailer Village Bakehouse in June of 1996, the company grew rapidly. In 2001, founders John and Nancy McKearney decided to focus solely on the wholesale side of the operation, sold the retail locations, and Bakehouse Bread Company was born. The artisan-bread company now partners with many local restaurants, caterers, resorts, markets and institutions in the greater Tucson and Phoenix markets. Current notable clients include Fox Restaurant Concepts, the University of Arizona, Fry’s Food Stores and Trader Joe’s, among others.

 

This transaction really is indicative of the overall state of the industrial market in Greater Tucson as the metro area continues to be in need of functional industrial space,” said CBRE’s Healy. “John and Nancy have been looking to purchase a facility over the last several years; finding the right property to fit their needs was a challenge and really a matter of timing due to the lack of quality and available product online at any given time.”

 

A recent study by CBRE reports that 83 percent of industrial buildings in Greater Tucson are 14 years old or older. The challenge for new tenants/users or existing tenants/users that would like to expand is finding existing space that meets their requirement as a large portion of vacant buildings are becoming functionally obsolete. As this trend continues, desirable space will be leased or purchased, vacancy will decrease, rental rates will increase and speculative development will be required.

 

6652 S. Memorial

Cushman & Wakefield | PICOR reports recent transactions

Cushman & Wakefield | PICOR reported the following transactions June 23.

Kevin & Christine Conway leased 1,200 square feet at 4500 E. Speedway, Suite 94 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, Principal and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. John Hamner and Cindy Hartin with Keller Williams of Southern Arizona represented the tenant in this transaction.

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ISS Facility Services, Inc. leased 3,600 square feet at 4565 S. Palo Verde, Suite 203 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. JT Walker with Mohr Partners, Inc. represented the tenant in this transaction.

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MPG Automotive Services Valencia, LLC renewed their lease for 3,720 square feet at 8170 E. 22nd St. in Tucson from Autocare 22nd Associates, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant. George Larsen with Larsen Baker, LLC represented the landlord in this transaction.

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Gould Family Properties VIII, LLC purchased a 7,676 square foot industrial building at 4320 E. Illinois St. in Tucson from Commerce Bank of Arizona for $384,000.  Brandon Rodgers, CCIM, with Cushman & Wakefield | PICOR, represented the buyer in this transaction.

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Barlow Delivery, LLC leased 29,750 square feet at 6652 S. Memorial Pl. in Tucson from Century Park Research Center, LLC. Barlow Delivery, LLC delivers and installs major appliances. Russ Hall, SIOR, GSCS and Steve Cohen, Industrial Specialists with Cushman & Wakefield | PICOR represented the landlord. Gary Emerson with GRE Partners, LLC represented the tenant in this transaction.

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Platinum Plaza, LLC bought 5 acres at 6991 E. Old Vail Rd in Tucson, AZ from Valencia Socios, LLC for $95,000.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the seller. Maritza Barrera with HomeSmart represented the buyer in this transaction.

4560 S Coach

PICOR reports recent transactions

Amerit Fleet Solutions, Inc. leased 5,000 square feet at 5254 Casa Grande Highway in Tucson from John Herder, LLC. Russ Hall, SIOR, GSCS and Steve Cohen, Industrial Specialists with Cushman & Wakefield | PICOR, and Chris Burns with Cushman & Wakefield of California represented the tenant, Henry Zipf of Henry Zipf Realty represented the landlord in this transaction.

StrengthBuilding Partners, LLC leased 6,575 square feet at 4560 S. Coach Dr. in Tucson from DHT Enterprises, Inc. Las Puertas Community School, a program of StrengthBuilding™ Partners will be utilizing the space. Las Puertas Community School is a tuition-free public charter school, opening in August 2014 for grades 6-8.  The mission of Las Puertas is to establish a project-based learning community which assures that all students are college ready, contributing members of the community and able to use strength building concepts throughout their lives.

Pat Welchert, SIOR, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Russ Hall, SIOR, GSCS and Steve Cohen Industrial Specialists with Cushman & Wakefield | PICOR represented the tenant in this transaction.

Hamilton Distillers leased 8KSF at 2106 N. Forbes, Suite 103 in Tucson.

Cushman & Wakefield | PICOR Releases Recent Transaction List

Cushman & Wakefield | PICOR has released the following recent transaction list:

Cricket Wireless leased 810 square feet at 3921 E. 29th Street, Suite 308 in Tucson from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR represented the landlord and Dave Dutson with CBRE represented the tenant in this transaction.

Balanced Spirit Pilates Studio, LLC leased 1,200 square feet in the Mission Plaza Shopping Center at 4619 E. Speedway (NWC Speedway/Swan) in Tucson from Brazo, LLC.  Aaron LaPrise and Greg Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord and Jeff Zellet, Commercial Specialist with Cushman & Wakefield | PICOR represented the tenant in this transaction.

Pink Cloud Alterations leased 1,200 square feet in Winterhaven Square on the southeast corner of Fort Lowell & Country Club in Tucson from Glover Associates.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Cricket Wireless leased 1,200 square feet in Winterhaven Square on the southeast corner of Fort Lowell & Country Club in Tucson from Glover Associates.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Dave Dutson with CBRE represented the tenant in this transaction.

Janitorial Maintenance and Supply leased 1,500 square feet at 3790 E. 44th Street, #222 in Tucson, Arizona from Rich Rodgers Investments, Inc.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Rogelio Godinez leased 1,725 square feet at 2341 S. Friebus Avenue, Suite 19 in Tucson from Oak Properties.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Aaron Ochoa with HomeSmart represented the tenant in this transaction.

The Specialists Audio leased 3,000 square feet at 5602 E. Broadway in Tucson from Broadway-Craycroft, LLC.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Hamilton Distillers leased 8,000 square feet at 2106 N. Forbes, Suite 103 in Tucson from MRI Saddlehorn Investments II, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Kristy Kelley with Long Realty Company represented the tenant in this transaction.

Kleinn Automotive Accessories leased 1,000 square feet at 2112 N. Dragoon Street.

Cushman & Wakefield | PICOR Releases Recent Transaction List

Kleinn Automotive Accessories leased 1,000 square feet at 2112 N. Dragoon Street, #16 in Tucson, Arizona, from Rich Rodgers Investments, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Flash in the Past Studio leased 1,485 square feet at 43 S. 6th Avenue in Tucson, Arizona, from Rich Rodgers Investments, Inc. Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord and Billy Mordka with Harvey Mordka Realty represented the tenant in this transaction.

Henry Tusinski leased 1,740 square feet at 220 E. 27th Street, Suite D in Tucson from Tin Cup Properties, LLC. Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Merle’s Automotive Supply, Inc. leased 7,200 square feet at 6550 N. Thornydale Road, in Marana from Encino Investments, LLC to expand their store at that location and better serve their clients in the area. Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

Ray Parri purchased a 10,000 square foot warehouse at 3424 S. Campbell Avenue in Tucson, Arizona, from Campbell Industrial, LLC for $511,300. Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer and Tony Reed with Long Realty represented the seller in this transaction.

604 N. 6th Ave.

PICOR Releases Recent Transaction List

Magnetmod, LLC leased 1,200 square feet at 4500 E. Speedway Boulevard, Suite 65 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Jungle Partners, LLC leased 1,200 square feet at 4500 E. Speedway Boulevard, Suite 35 in Tucson from Presson Midway, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

MPC Design Technologies Arizona, LLC leased 1,300 square feet at 4575 S. Palo Verde Road, Suite 327 in Tucson from Presson Equity Partners, LLP.  Rob Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

MedOne Healthcare, LLC leased 3,622 square feet at 1870 W. Prince Road, Suites 69 – 71 in Tucson from Presson Corporation.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Pacific Insulation renewed their lease for 10,000 square feet at 3761 E. 43rd Place, in Tucson from JDHL Investments.  Pacific Insulation is the Southwest’s leading commercial and industrial insulation distributor/fabricator with locations in Southern California, Northern California, Arizona and Nevada. Russell W. Hall, SIOR, GSCS and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction and Tim Healy of CB Richard Ellis represented the tenant.

CODAC Behavioral Health Services of Pima County of Tucson leased 16,999 square feet at 3130 E. Broadway Boulevard in Tucson from LC 3130, LLC.  Tom Nieman, Principal and Office Specialist, with Cushman & Wakefield | PICOR, represented the landlord and Tom Knox, SIOR, Principal and Office Specialist and Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

University City Church purchased a 34,163 square foot church, a historic landmark structure built in 1925, at 604 N. 6th Avenue in Tucson, Arizona, from Crosslife Ministries for $1,900,000.  Rob Tomlinson, Retail Specialist and Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.

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Cushman & Wakefield|PICOR release recent transactions

Cushman & Wakefield | PICOR announced the following transactions in December:

Ftita, LLC purchased the 3,522 square foot office building located at 7370 N. La Cholla in Tucson, from Shakaz, LLC for $840,000.  Rob Glaser, SIOR, CCIM, with Cushman & Wakefield | PICOR, represented the buyer while Jordan Simon with Venture West represented the seller in this transaction.

NCS Pearson, Inc. leased 25,000 square feet at 4690 N Oracle Rd, Suite 50 in Tucson from The Tanager Company.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction while Pat Darcy with Tucson Realty & Trust represented the tenant.

Vision Church purchased a 10,091 square foot building at 7511 N. Benet Drive in Marana, Arizona, from South Pacific District of the Christian & Missionary Alliance for $1,200,000.  Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented both parties in this transaction along with Robert Fletcher and Eric Knowles with Cushman & Wakefield San Diego.

The Starbucks Corporation leased 2,000 square feet at the southwest corner of Speedway & Pantano in Tucson from First Pioneer Properties.  Greg Furrier, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant in this transaction.

Guillermo Madariaga purchased the 10 unit apartment complex at 1741 E. Hedrick Drive in Tucson, from Rodos Apartments LLC for $800,000. Bob Kaplan and Allan Mendelsberg, Investment Specialists with Cushman & Wakefield | PICOR, handled this transaction.