$2.9 million retail ground lease sale in Tucson, Ariz.
“MailBridge works,” says P. Jason Wong, CCIM, of Red Point Development in Tucson, Ariz. He responded to a want message sent by Susan Clift Brown, CCIM, of Clift Commercial LLC in Southern Pines, N.C., on behalf of her client JLSJ LLC. “We chatted about our education experience, and I felt I could trust a fellow CCIM,” Clift Brown adds. The pair quickly negotiated the more than $2.9 million sale of a 23-year, 14,980-sf Walgreens ground lease in Tucson, Ariz., from Pacific Income Properties LLC. “The high degree of professionalism and trust the CCIM designation confers allowed me to release due diligence information before negotiations were completed,” Wong explains. “We worked as a team to get the closing done in six days.”