CBRE Releases Recent Tucson Transactions Report

Tucson – CBRE’s Tucson office has released the following recent real estate transactions report:

Cognosys Inc. purchased a 1,356 sq. ft. medical office condo at 1500 N. Wilmot Road. The seller was represented by Bruce Suppes and David Volk with CBRE.

DBR Investment Properties, LLC & MJ Equity Investments, LLC has purchased a 3,049 sq. ft. building at 2819 E. Broadway Blvd, the buyer was represented by Brandon Rodgers with Cushman & Wakefield, PICOR.  The seller, American Lung Association of the Southwest, was represented by Jeff Casper with CBRE.

Blackrock Brewers leased 3,760 sq. ft. of space at 1664 S. Research Loop. Pete Villaescusa and Jesse Peron with CBRE represented the tenant. Rob Glaser and Sarah Rushing with Cushman & Wakefield | PICOR represented the landlord.

Smoothie King leased 1,200 sq. ft. of retail space at Marana Marketplace. This will be their first store in the market.  Michael Laatsch with CBRE represented the tenant and Chad Russell with Land Advisors Organization represented the Landlord.

Chestnut Construction has purchased 3,010 sq. ft. office building at 3821 E. Broadway Blvd. Debbie Heslop with Volk Company represented the buyer. The seller, Arizona Territorial Lands was represented by Jeff Casper with CBRE.

Community Partners leased 7,934 sq. ft. of office space at New World Plaza, 5055 E. Broadway Blvd. CBRE’s David Montijo and Damian Wilkinson represented the landlord. David Volk also with CBRE represented the tenant.

Goldberg and Osborne has leased 1,231 sq. ft. at Broadway Plaza, 7787 E. Broadway Blvd. Pete Villaescusa and Jesse Peron with CBRE represented the tenant. Kevin Heglin with Phillips Edison represented the landlord.

Eat Drink Jackson leased 4,406 sq. ft. of retail space for a new restaurant at The Shoppes at Bears Path, located at 8800 E. Tanque Verde. Michael Laatsch with CBRE represented the tenant. The landlord was represented by Dave Dutson with NAI Horizons.

Engineering and Environmental Consultants leased 7,477 sq.ft. of office space at 555 E. River Road. Bruce Suppes and Dave Volk with CBRE represented the landlord. Tom Nieman with Cushman & Wakefield | PICOR represented the tenant.

St. Joseph’s Hospital leased a 2,498 sq. ft. medical clinic at 4600 Park Avenue. David Montijo and Damian Wilkinson represented the tenant. Isaac Figueroa and Rob Glaser with Cushman & Wakefield | PICOR with represented the landlord.

Skyline Financial Corp. leased 2,280 sq. ft. of office space at 2830 N. Swan Road. Jeff Casper with CBRE represented the landlord. The tenant was represented by Doug Marsh with Oxford Realty, and Taylor Wood with Cresa.

The 11 transactions listed above totaled over 38,400 square feet with the largest being 7,934 sq ft leased to  Communities atNew World Plaza  at 5055 E. Broadway.