CBRE Releases Recent Transaction Report

CBRE’s Tucson office has released the following recent transaction report:

Keith Newlon of Pioneer Title purchased a 5,940 sq. ft. office property at 1889 N. Kolb Road. Frank Arrotta of Tucson Realty & Trust Co. represented the buyer. Buzz Isaacson and Jeff Casper of CBRE represented the seller, 1889 N. Kolb Road Company LLC, in the transaction. The sales price was $1,069,200.

Tucson Physician Group Holdings leased 7,068 sq. ft. of medical retail space at 5655 E. River Road in the River Center. David Montijo and Damian Wilkinson of CBRE represented the tenant. Jeff Casper, Pete Villaescusa and Jesse Peron of CBRE represented the landlord, GRI River Center, LLC, in the transaction.

The Department of Veteran Affairs renewed their 11,200 sq. ft. office lease at 2945 West Ina Road in the Russell Plaza. David Volk and Bruce Suppes of CBRE represented the landlord, 2945 West Ina Road LLC, in the transaction.

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