Arizona Theatre Enterprise has leased 22,560 square feet of industrial place on Tucson’s south aspect for its creation store.

In addition to the creation store — exactly where sets are constructed and costume inventory is saved — the house places of work for administration will also be housed in the room at the Tucson Intercontinental Company Centre, 6363 S. Country Club Highway, around Valencia Road.

Previous yr, the theatre offered just one of its historic downtown properties, The Glenwood Lodge at 343 S. Scott Ave., for $1.1 million. It experienced housed administrative team for 14 decades.

Started in 1966, ATC is the professional theater of the state of Arizona and the only member of the League of Resident Theatres in the region that produces in two towns.

ATC provides at the Temple of Audio and Art in Tucson and the Herberger Theater Heart in Phoenix.

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Picor brokers dealt with the lease. Paul Hooker represented the landlord, 6363 S Nation Club LLC, and Robert Glaser represented the tenant.

Other new genuine estate transactions include things like:

VRE Storage Tucson Kolb LLC bought the former Century Theatre at 770 N. Kolb Road for $4 million. The 45,556-sq.-foot making sits on 6 acres of land. Greg Furrier, with Picor, represented the vendor and James Montgomery, with Verdad, represented the purchaser.

701 E. Adams LLC acquired the six-unit Adams Luxury Housing at 701 E. Adams St. from Firstadams LLC for $1.9 million. Picor’s Allan Mendelsberg and Conrad Joey Martinez represented the two parties.

Boulder Terrace Companions LLC purchased the five-unit Boulder Terrace Flats at 202-206 N. Boulder Terrace from 202 N Boulder Terrace LLC for $1.1 million. Allan Mendelsberg and Conrad Joey Martinez, with Picor, represented equally get-togethers.

McDonald’s United states of america LLC negotiated a 20-12 months floor lease with Vail-SSC LLC, for 57,209 sq. ft of restaurant room in the Vail Safeway Purchasing Centre, 13360-13410 E. Mary Ann Cleveland Way in Vail. Aaron LaPrise, with Picor, represented the landlord and Brian Harpel, with Velocity Retail Team, represented the tenant.

Ralph’s Transfer Inc. leased 30,000 sq. feet of industrial house at 6760 S. Lisa Frank Ave. from Greenbean Investments LLC. Robert Glaser and Paul Hooker, with Picor, represented the landlord and Mark Irvin, with Mark Irvin Industrial True Estate Products and services LLC, represented the tenant.

Facts for Tucson Real Estate is compiled from records at the Pima County Recorder’s Business and from brokers. Send out facts to Gabriela Rico, [email protected]

By Lela