Marcus Muirhead

Comments: Lee & Associates Investment Principals Steve Gonzalez, Marcus Muirhead and Greg Guglielmino brokered the sale of a single-tenant medical office building in Tucson for $1.175 million. Located at 6238 E. Pima St., the Lee & Associates team represented both the buyer and seller in the sale of the single-tenant triple net (NNN) lease property. Constructed in 1998 as a build-to-suit for this specific use, NextCare Urgent Care has leased the space for the last 20 years. Located along one of the busiest traffic corridors in Metropolitan Tucson, the property’s location benefits from high multifamily and single-family density as well as strong retail tenants from national and regional companies.  

Date: Apr 25, 2018

Comments: Lee & Associates Investment Principals Steve Gonzalez, Marcus Muirhead and Greg Guglielmino brokered the sale of Rooney Ranch Professional Plaza, a three-building business park totaling 34,237 square feet, to a local investment entity for $6.715 million on April 25.  Lee *& Associates Principals Steve Gonzalez, Marcus Muirhead and Greg Guglielmino represented the seller, Berkeley Land Co. Inc., from Danville, Calif. The buyer was the Clover Companies, LLC, from Tucson, Ariz. represented by Swain Chapman of Chapman Management Group.  “Rooney Ranch Professional Plaza’s long-term occupancy history and office/medical office tenant mix makes this offering an attractive opportunity,” Guglielmino explains. “The demographics of the area, proximity to the 550,000-square-foot Rooney Ranch power center and frontage on the Oracle Road make up this a great acquisition for the buyers. Swain’s long-standing knowledge of the subject as property manager helped make this a smooth and fair transaction for buyer and seller.”  The property, constructed in 1991 and 1998, consists of a campus with three office buildings situated on an approximate 3.95 acres in the Town Center and commercial hub of Oro Valley, Ariz.

Date: Apr 25, 2018