Efforts by the Tucson Industrial Development Authority recently allowed Catalina Village, an assisted-living complex serving senior and low-income residents with special needs, to complete a 17-year project to rehabilitate its 107 residential units and build a new kitchen, dining hall and activity center.
Tucson IDA issued bonds three times since 2000 to purchase the facility, finance the improvement project and help restructure debt incurred when the facility was purchased the same year.
“The Tucson Industrial Development Authority is honored to assist Catalina Village,” said Tucson IDA Acting President Larry Lucero. “The dedicated staff, counselors and medical experts offer assistance and help increase independence for their residents, providing an invaluable service to our community.”
Sales and Leases
South Beach, LLC purchased approximately 23,974 square feet located at 2210, 2216 and 2218 S. Sixth Ave. from Beach Furniture & Appliance, Inc. Pat Darcy of Tucson Realty & Trust Co. represented the seller. Ron Schwabe of Peach Properties HM, Inc. represented the buyer.
WLJ & Company, LLC dba: Mian Sichuan leased 1,200 square feet located at 4695 N. Oracle Road. Gordon Wagner and Dave Dutson with NAI Horizon represented both parties.
E. 34th St., LLC purchased 29,525 square feet located at 3785 E. 34th Street from 34th Street Penguins, LLC, 34th Street Investment Partners, LLC, and Gayle Brickman for $1,665,000. Stephen D. Cohen, Russell W. Hall, SIOR, GSCS, and Brandon Rodgers, SIOR, CCIM with Cushman & Wakefield | PICOR handled the transaction. The team of Cohen and Hall represented the seller. Brandon Rodgers represented the buyer.
Covenant Generations Church purchased 30,532 square feet located at 651 S. Kolb Road from Palo Verde Church of Christ Corp. for $1,350,000. Rob Tomlinson, Stephen D. Cohen and Russell W. Hall, SIOR, GSCS with Cushman & Wakefield | PICOR handled the transaction.
Robert Lee Conser, Gregory Paul Conser & Madelyn Patrice Conser Trust purchased 14.84 acres of land located at Interstate 10 and Twin Peaks Road from Continental Ranch Development, LLC for $1 million. Robert C. Glaser, SIOR, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR represented both parties.
DFA, LLC purchased 9,000 square feet located at 4995 N. Casa Grande Highway from Gregory Paul Conser and Madelyn Patrice Conser, Robert Lee Conser Trust for $850,000. Robert C. Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the seller.
Crawford & Sowers Holdings, LLC purchased 7,730 square feet located at 6825 E. Outlook Drive from Westpointe Holdings, LLC for $640,000. Stephen D. Cohen and Russell W. Hall, SIOR, GSCS with Cushman & Wakefield | PICOR represented the seller. Isaac Figueroa with BFL Ventures, LLC, represented the buyer.
Meridiano Investments III, LLC purchased a 10,010-square-foot building at 3529 E. Golf Links Road from VCN, LLC for $615,000. Ron Zimmerman with Cushman & Wakefield | PICOR represented the seller. Rick Borane with Volk Company represented the buyer.
MJI, Company, LLC purchased 0.82 acres of land located at 3224 N. Freeway Industrial Loop from C.A. Linaker Company, Inc for $200,000. Max Fisher with Cushman & Wakefield | PICOR represented the buyer. John G. Yarborough with Romano Real Estate Corporation represented the seller.
Tin Cup Properties, LLC purchased a 4,644-square-foot building at 2632 S. Sixth Ave. from Halle Properties, LLC for $195,000. Ron Zimmerman, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.
Ministerios Zoe, Inc. leased 6,600 square feet at 3840 S. Palo Verde Rd., Suite 201 in Tucson, from Palo Verde Trust Partners, LLC. Rob Glaser, SIOR, CCIM and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.
Nelson Precision Manufacturing, LLC & Boogeyman Customs, LLC leased 3,760 square feet at 1664 S. Research Loop from Clairemont Partners, LLC. Max Fisher and Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR handled the transaction.
Golden State Overnight leased 3,300 square feet at 1639 W. Grant Road, from Rodgers Hoge Partners. Brandon Rodgers, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord. Michael Petrick with Fischer and Company represented the tenant.
Desert Earth & Wood, LLC leased 2,400 square feet located at 245 S. Plumer Ave. from Plumer Partners, LLC. Paul Hooker and Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord.
Famous Dave’s Bar-B-Que leased 2,307 square feet located at 3007 E. Speedway Blvd. from Mahoney Family Partnership. Greg Furrier with Cushman & Wakefield | PICOR represented the landlord. Craig Finfrock with Commercial Retail Advisors represented the tenant.
Thread Ready leased 1,600 square feet located at 4500 E. Speedway Blvd. from Presson Midway, LLC. Paul Hooker and Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord.
Pueblo Vida Brewing Co. leased 1,485 square feet at 41 S. Sixth Ave. from Rich Rodgers Investment, Inc. Brandon Rodgers, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord. Curt Stinson with Engel & Volkers Tucson represented the tenant.
Tucson New Thought, Inc. leased 1,067 square feet located at 4500 E. Speedway Blvd. from Presson Midway, LLC. Paul Hooker and Rob Glaser, SIOR, CCIM with Cushman & Wakefield | PICOR represented the landlord.
D2K Enterprises, LLC leased 1,056 square feet at 2020 N. Forbes Blvd. from Santo Tomas Partners, LLP. Brandon Rodgers, SIOR, CCIM, and Ryan McGregor, with Cushman & Wakefield | PICOR, handled the transaction.
Lori Carroll & Associates selected as interior design firm for Grande Vita project
University of Arizona graduate and Tucson resident, Lori Carroll, and her award-winning team have been chosen as the lead interior designers for the $300 million Grande Vita assisted living facility in Mesa.
Groundbreaking for Grande Vita will take place on May 21. There is a Residence Inn on the campus that has already been built and will unveiled to the public in early May. That extended stay hotel will open to the public in May of 2019, just ahead of the official ground breaking on the campus.