University Villa

University Villa at Ironwood recently sold for $17.45 million.

Cushman & Wakefield completed the sale of University Villa at Ironwood, located at 2550 W. Ironwood Hill Drive, to March Investment, LLC, an entity formed by Phoenix-based Clear Sky Capital, which purchased the property from SFC Sterling Tucson Investors, LLC and Geary Tucson, LLC for $17.45 million.

The property offers two-, three- and four-bedroom floor plan options with an average unit size of over 1,287 square feet.  Built in 2001, University Villa at Ironwood unit interiors include washer/dryer and private patios/balconies. The property’s amenities include a computer lab and study lounge, fitness center, theater room, basketball court and sand volleyball court. 

Cushman & Wakefield Executive Managing Directors David Fogler and Steven Nicoluzakis represented the seller.

 

Sales and Leases

La Botana Grill leased 1,693 square feet at 5526 E. Grant Road from Maqsood and Sabrina Enterprises, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the tenant. Robert Nolan of Oxford Realty represented the landlord.

John Dorris purchased a 2.88-acre vacant land parcel at 4980 E. Canada St. from Arizona Buying Company, LLC for $215,964.00. Brandon Rodgers, CCIM with Cushman & Wakefield | PICOR represented the buyer. Terrry Lavery with Realty Executives Tucson Elite represented the seller.

Mettler–Toledo Thorton, Inc. renewed its lease for 8,050 square feet at 2102 N. Forbes Blvd. Ste. 103-107 from East Park VI Holding Company, LLC. Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord Jesse Blum with CBRE represented the tenant.

Ironwood Gastroenterology, PLLC and Rehan Iftikhar, PLLC expanded leaseholds for an additional 3,883 square feet at 1951 W. Grant Road, Ste. 150 and 160 from Wright and Case Holdings, LLC. Rob Tomlinson and Brandon Rodgers, CCIM with Cushman & Wakefield | PICOR represented the landlord. Esther Empens with Tierra Antigua Realty, LLC represented the tenant.

Jack in the Box will construct and lease a 2,600-square-foot restaurant located in Park View Plaza, 1740 W. Ajo Way. Aaron LaPrise with Cushman & Wakefield | PICOR represented the tenant. Richard Volk represented the landlord. 

Acorn Associates Architecture, Ltd. renewed its lease for 1,837 square feet of office space at 5151 E. Broadway Blvd. Ste. 1050 from Kent Circle Partners. Tom Nieman and Rick Kleiner, MBA with Cushman & Wakefield | PICOR represented the landlord. 

The Facilities Company, LLC leased 1,725 square feet at 2341 S. Friebus Ave., Ste. 13 from Friebus Investors, LLC. Rob Glaser, SIOR, CCIM and Brandon Rodgers, CCIM with Cushman & Wakefield | PICOR represented the landlord. 

H&R Block Enterprises, LLC renewed its lease for 1,200 square feet in the Broadway Albertson’s Center, 9595 E. Broadway Blvd., from Grabbert Ranch, Inc. Rob Tomlinson and Greg Furrier with Cushman & Wakefield | PICOR handled the transaction. 

Jose Corral and Concepcion Leon leased 1,200 square feet in Plaza Azteca, 3553 S. 12th Ave. Ste. 173 from NAI Investments, LLC. Denisse Angulo-Badilla and Rob Tomlinson with Cushman & Wakefield | PICOR handled the transaction. 

3 Wishes Tattoo and Supply Company, LLC leased 1,200 square feet in Grant Square, 4444 E. Grant Road, Ste. 121 from Kolvoord Family Limited Partnership. Rob Tomlinson with Cushman & Wakefield | PICOR represented the landlord. Hilda Ramirez with HomeSmart represented the tenant. 

The Ballet of Conservatory Dance Music and Art, LLC expanded its lease for an additional 1,189 square feet at 6330 N. Campbell Ave. Ste. 110 from HRA Paloma Village, LP, bringing the total square feet for the studio to 5,247 square feet. Rob Tomlinson with Cushman & Wakefield | PICOR represented the tenant.

Allan Goddard–Farmers Insurance leased 1,129 square feet at 5403 E. Pima St.  from DBR Investment Properties, LLC. Ryan McGregor with Cushman & Wakefield | PICOR represented the landlord. Bruce Suppes with CBRE represented the tenant. 

Ai-Yun and Mei-Ying Fang leased 1,080 square feet in Grant Square, 4444 E. Grant Road Ste. 104 from Kolvoord Family Limited Partnership. Rob Tomlinson with Cushman & Wakefield | PICOR represented the landlord. Daniel Yan and Chris Tsighis with Coldwell Banker represented the tenant.

True Collectors leased 950 square feet in for 1,200 square feet in the Broadway Albertson’s Center, 9595 E. Broadway Blvd. from Grabbert Ranch, Inc. Rob Tomlinson and Greg Furrier with Cushman & Wakefield | PICOR handled the transaction. 

Ai-Yun and Mei-Ying Fang leased 1,080 square feet in Grant Square, 4444 E. Grant Road Ste. 104 from Kolvoord Family

 

Limited Partnership. Rob Tomlinson with Cushman & Wakefield | PICOR represented the landlord. Daniel Yan and Chris Tsighis with Coldwell Banker represented the tenant.

True Collectors leased 950 square feet in Monterey Village Shopping Center, 6126 E. Speedway Blvd. from Monterey Village, LLC. Greg Furrier with Cushman & Wakefield | PICOR handled the transaction.  

Presidio Hair and Nails leased 900 square feet in Central Point Business Plaza, 3955 E. Speedway, Ste. 107 from Central Point Tucson, LLC. Rob Tomlinson and Greg Furrier with Cushman & Wakefield | PICOR handled the transaction. 

Hairdoer Studio, LLC leased 425 square feet in Midstar Plaza, 4560 E. Broadway Blvd. Ste. 229 and 230 from Midstar Partners, LLC. Isaac Figueroa with Cushman & Wakefield | PICOR represented the landlord.

Monier Insurance leased 275 square feet of office space in El Dorado Square, 1200 N. El Dorado Pl. Ste. D-430 from El Dorado Ventures, LLC. Tom Nieman with Cushman & Wakefield | PICOR represented the landlord. Mark Monier with Monier Realty & Insurance represented the tenant.

Tommie’s Barber and Beauty LLC leased 995 square feet at 3400 E. Speedway Blvd. Ste. 100 from Rancho Center, LLC. Debbie Heslop, CCIM of Volk Company represented the landlord. Adam Donaldson of CXT Realty, LLC represented the tenant.

Red Star Vapor, LLC leased 1,327 square feet at Tucson Spectrum, 1251 W. Irvington Road, from DDR Tucson Spectrum I LLC. Debbie Heslop, CCIM of Volk Company represented the tenant. Jayme Fabe of NAI Horizon represented the landlord.

Team Arizona Pizza, Inc. leased 1,500 square feet in a new retail building to be constructed just east of the southeast corner of Ajo Highway and Kinney Road from Ajo SEC Shops LLC and at Shops at Ajo & Kinney. Kevin Volk and Debbie Heslop, CCIM of Volk Company handled the transaction.

Painted Temple leased 1,253 square feet at the Boot Barn Plaza, 6747 E. Broadway Blvd. Gordon Wagner and Dave Dutson with NAI Horizon represented the landlord.

Subway Real Estate LLC leased 1,400 square feet at Mountain View Plaza, 9725 N. Thornydale Road. Dave Dutson and Ben Craney with NAI Horizon represented the landlord.

Surf Thru, Inc. purchased 46,986 square feet of land located at 6307 E. Grant Road for $700,000 from Altima Investments, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the buyer. Rob Tomlinson and Isaac Figueroa of Cushman & Wakefield | Picor represented the seller.

O’Reilly Auto Enterprises, LLC dba: O’Reilly Auto Parts purchased a 1.02 acre PAD located at 9090 N. Silverbell Road from Shoppes at Continental Ranch, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the seller. Debbie Heslop of Volk Company represented the buyer.

Split Rock Holdings, LLC leased for a vacant car lot with a 720-square-foot building at 3101 E. Ajo Way from Continental Investment Properties, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord. George Reitz of Real Estate Marketing Professionals of Tucson, LLC, represented the tenant.