Real Estate & Construction

Marless Saguaro, LLC purchased a 5,215-square-foot, free standing restaurant at 4499 W. Ina Road on 52,042 square feet of land in Marana from Edwards Ina Lee Mar, LLC for $680,000. David Lee of David Lee Real Estate represented himself as the buyer and Nancy McClure of CBRE represented the seller.

840 N. Alvernon Way, LLC purchased Peachtree Apartments, a 42-unit multifamily complex located at 840 N. Alvernon Way from Ridgeway and Starr Family Trust for $1,725,000. The Multifamily team of Allan Mendelsberg and Daniel Leibsohn with Cushman & Wakefield | PICOR represented the buyer and the seller.

Bowman Consulting Group, LTD leased 4,082 square feet of industrial space at 3280 Hemisphere Loop in the Sierra Valencia Center from Sierra Valencia Properties. Michael Coretz of Commercial Real Estate Services represented the tenant and Tim Healy and Bob DeLaney of CBRE represented the landlord.

The Block on H, LLC purchased Las Colinas Apartments, a 16-unit multifamily complex located at 1488 E. Hedrick Drive from Las Colinas Apartments, LLC for $1,210,000. The Multifamily team of Allan Mendelsberg and Daniel Leibsohn with Cushman & Wakefield | PICOR represented the buyer and the seller.

Edward Eades, MD, PC, leased 2,376 square feet located at 2940 N. Swan Road, Ste. 129 and 130 from WCCP Plaza Palomino, LLC. Andrew Sternberg, Phil Skillings and Ben Craney with NAI Horizon represented the landlord and Bruce Suppes with CBRE represented the tenant.

5590 E. River Plaza, LLC purchased a once-acre, vacant land parcel located in the Rio Verde Shopping Center, 5590 E. River Road.  The future site for another Southern Arizona Urgent Care facility was purchased from Craycroft / River, LLC for $1,050,000. Aaron LaPrise with Cushman & Wakefield | PICOR represented the buyer.  

Orthomed, LLC leased approximately 4,361 square feet of office space located at 7601 N. Oracle Road, Ste. 101 from National Bank of Arizona, ZB, N.A. Michael Gross of Tucson Realty & Trust Co. represented the landlord and Jeff Casper of CBRE represented the tenant.

Cox Property Management, LLC purchased an 8,116-square-foot office building located at 635 N. Craycroft Road from UCPSA, LLC for $825,000. Rick Kleiner, MBA, with Cushman & Wakefield | PICOR, represented the seller and Dale Bidegain with Bidegain Realty represented the buyer.

Bourns, Inc. leased 1,015 square feet located at 333 E. Wetmore Road, Ste. 245 from 4512 Emerald Forest, LLC. Andrew Sternberg and Phil Skillings with NAI Horizon represented the landlord and the tenant.

Rincon Flower Properties, LLC purchased a 12-unit, apartment complex located at 3525 E. Flower St. from CD Gemini Investments, LLC for $707,000. The Multifamily team of Allan Mendelsberg and Daniel Leibsohn with Cushman & Wakefield | PICOR represented the buyer and the seller.