Sun. Jun 4th, 2023

Ding Tea will open up shortly at 2739 E. Speedway, up coming to the Baggin’s shop.

A Taiwanese tea shop is set to open its very first Tucson place in midtown.

Ding Tea leased 1,035 square toes at 2739 E. Speedway, future door to Baggin’s on the northwest corner of Treat Avenue.

Ding Tea is a around the globe franchise that characteristics milk teas in flavors these as crimson bean, brown sugar and matcha. The store will also offer you fruit juices, refreshing teas, yogurt and Yakult.

Craig Finfrock, with Professional Retail Advisors, represented the tenant and Dave Hammack, with Picor, represented the landlord, JBGST Have confidence in.

Ding Tea is predicted to open up this summer time.

Other new commercial transactions consist of:

Non-public traders bought two apartment complexes for $2.4 million each and every — the 19-unit Westwood Flats, 714 E. 10th St., and the 31-unit Park Vista at 2497 N. Park Ave. James K. Crawley and Hamid Panahi, with Marcus & Millichap, handled the sale.

Paul E. Monson and Jan S. Monson bought a 21,400-square-foot industrial incubator setting up at 4001 S. Contractors Way from Gary L. Atchison for $1.6 million. Stephen D. Cohen and Robert Glaser, with Picor, handled the transaction.

Thorinson LLC acquired 14,752 square toes of industrial space at 1420-1434 and 1500-1524 E. Benson Freeway from Melvin S. Ross, Trustee of the Melvin S. Ross Revocable Rely on, and Chautauqua Investments LLP for $1.3 million. Robert Glaser, with Picor, represented the seller.