14,010 SF Industrial building sold off market to Technicians for Sustainability. The former owner was DBLS Holdings.
The building will be used by the solar company, Technicians for Sustainability and West Coast Roofing occupies about 2,500 SF of the building.
This transaction was handled by Max Fisher and Paul Hooker of Cushman & Wakefield | PICOR
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Rob Glaser & Max Fisher of Cushman & Wakefield | PICOR handled the transaction.
At closing, the 24,903 SF business park had one 4,000 SF vacancy. Existing tenants include, KG's Westside Cafe, Bellazza Salon, Northwest Hospital, and High Point Scientific.
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Something to watch. We have a very limited housing supply. I believe this is mostly because the millennial generation recently jumped into the housing market so now we have the millennials AND baby boomers AND those in between are active in the housing market. Supply will become more available as the baby boomer generation ages. Values of housing may drop substantially as baby boomers exit the housing market and millennials fail to reproduce like previous generations.
Photo is 12 Acres of the remaining Tucson Airport Commerce Center industrial land ($1,830,000) listed by Rob Glaser and Max Fisher of Cushman & Wakefield | PICOR. Other parcels are owned or leased by Chamberlain (Liftmaster), Eastgroup, Custom Back Office Solutions, Diamond Ventures, LKQ, Walmart, DR Horton, Intuit, and Keystone.
Max Fisher, Industrial Properties Broker