Foundation Partners Group Adds to Tucson Footprint

Adair Funeral Home, 1050 N Dodge Blvd., Tucson. AZ

TUCSON, ARIZONA — Foundation Partners Group, a leading provider of innovative funeral and cemetery experiences and products, has purchased the Adair Funeral Homes and Desert Sunset Funeral Homes in Tucson, Arizona for an aggregate amount of $4.72 million.  The acquisition includes three locations in the greater Tucson area and expands Foundation Partners Group’s rooftops in the market to six.

* Desert Sunset Funeral Home, 3081 W Orange Grove Rd, Tucson sold for $778,000.
* Adair Funeral Home, 1050 N Dodge Blvd., Tucson sold for $1.938 million
* Adair Funeral Home, 8090 N Northern Ave., Tucson sold for $2 million.

“Adair Funeral Homes and Desert Sunset Funeral Homes make great additions to our growing portfolio of funeral operations in Tucson,” stated Bob Bukala, President and CEO of Foundation Partners Group. “The Adairs have set a high standard of service for their families and their community that perfectly matches ours. We are very proud to have Martha, Ron, Hank and their team join Foundation Partners and help us grow our presence in Arizona.”

Adair Funeral Home, 8090 N Northern Ave, Tucson, AZ

The Adair Funeral Homes were founded in 1956 by Arthur and Martha Adair.  After Arthur passed away in 1973, Martha along with her sons, Ron and Hank, continued operating the firm.  The second Adair chapel opened in January of 1975 on the northwest side of Tucson, and a few years later, Desert Sunset was added to the company. Over the last 20 years, Hank’s daughter and son, Hillary and Taylor, joined the firm to continue the Adair legacy in the funeral profession.

“When I first met Bob Bukala a while back, I saw we shared the same vision of where the funeral profession is headed,” said Martha Adair, owner of Adair Funeral Homes.  “Now, having learned even more about Foundation Partners Group, I am convinced that they are best positioned to help us continue to address the needs of Tucson’s families in the coming years.”

“Our family sensed a real comfort level with the team at Foundation Partners, especially after we talked with other friends in funeral service who had joined them,” added Ron Adair.  “Foundation Partners Group will let us not only maintain our legacy in the Tucson market but allow us to grow it as well.”

“We continue to explore partnerships with the finest independent funeral homes and cremation centers in our profession,” stated Jason Widing, Vice President of Business Development at Foundation Partners Group. “We are pleased to welcome the teams at Adair and Desert Sunset to the Foundation Partners family.”

For more information, visit the Foundation Partners Group website at www.foundationpartners.com.



Goettl Purchases Commercial Land Parcel in Scottsdale

Air Conditioning Company to Build Corporate Headquarters on Site

Phoenix, Arizona – Goettl Air Conditioning & Plumbing, an 80-year-old Phoenix-based company, has purchased approximately six (6) acres of land at:  8701 E. McDowell Road for approximately $5 Million. The company plans to build a new corporate facility on the site that will serve as its corporate headquarters and also house the firm’s new “Goettl University.”

The property, which is situated at the southwest corner of McDowell Road and the 101 freeway, will be the site of an approximately 60,000-square-foot commercial building, which is scheduled for completion in late 2020.  In addition to the Goettl Headquarters, the company will operate its Goettl University in the new building.  The new, high-tech trade school will be the first of its kind in their industry.

“This was a tremendous opportunity to purchase a very visible corporate location with sightlines from both McDowell and the 101 Freeway,” says Greg Hopley, executive vice president with Colliers International in Arizona.  “This property is surrounded by outstanding demographics in terms of labor pool and access to company clientele.”

The City of Scottsdale is also excited to have this renowned company relocating to South Scottsdale. “We are delighted to welcome Goettl Corporate Headquarters to Scottsdale,” said Mayor W.J. “Jim” Lane.   “Eighty years of business success in the valley is an amazing legacy to bring to Scottsdale. We look forward to their positive economic impact and new job opportunities in our McDowell Road Corridor.”

Goettl, known for its regional dominance in the air conditioning/plumbing industry, is looking forward to the transition. “We are proud to build a headquarters of this magnitude in our home state of Arizona. This move will give us a firm anchor to continue to expand our legacy. The addition of Goettl University will expand our capacity to train technicians in the Goettl Way: to do things the right way, not the easy way and will facilitate our goal to Goettlize the Nation,” says Ken Goodrich, chief executive officer for Goettl.

Goettl purchased the property from Southwest Next Land Fund 1, LLC.  Commercial Broker Greg Hopley, Executive Vice President with Colliers International in Arizona, represented Goettl Air Conditioning in this purchase transaction.  The seller was represented by Arizona Retail Services.



Raytheon Picks Tucson for Missiles & Defense Unit Headquarters

TUCSON, ARIZONA — After rumors circulated for several days from Raytheon employee leaks, Raytheon, the largest employer of Southern Arizona, has confirmed its choice of Tucson for its headquarters of a new missiles and defense unit headquarters.

Tucson will become the new headquarters for a combined business unit made up of Tucson-based Raytheon Missile Systems and a Massachusetts-based Raytheon business when parent Raytheon Co. and United Technologies Corp. finalize their merger, expected in March.

A Raytheon Missile Systems spokesman confirmed Friday that Tucson will become headquarters for the new Raytheon Missiles & Defense business, which will combine Missile Systems and Raytheon Integrated Defense, now headquartered in Tewksbury, Massachusetts.

“We shared with our employees that upon merger close, our consolidated businesses will be named Raytheon Missiles & Defense and Raytheon Intelligence & Space,” Raytheon spokesman John Patterson said.

“They’ll be headquartered in Tucson, Arizona and Arlington, Virginia respectively. We look forward to sharing more information once the merger closes — anticipated early in the second quarter of this year.”

Raytheon Intelligence & Space will be formed from Raytheon’s Space and Airborne Systems and Intelligence, Information and Services units, and UTC Mission Systems and Raytheon’s Forcepoint cybersecurity unit. Together with two of UTC’s current businesses — engine maker Pratt & Whitney and Collins Aerospace — they will form the four main business units of the merged company.

The headquarters’ location of the other new business units are expected to be announced after the merger is finalized.

The so-called “merger of equals” will create an aerospace and defense behemoth with annual revenues of $74 billion, second only to Boeing in the industry.

Raytheon and United Technologies shareholders have approved the merger of the two companies, which is also contingent on United Technologies’ successful spinoff of its Carrier heating, ventilation and air-conditioning business and its Otis Elevator subsidiary.

The deal is also subject to federal anti-trust approval, which is expected after the Defense Department said it had few concerns about the merger.

Raytheon is the Tucson region’s largest employer with about 13,000 local workers. The company has been working to expand its campus at Tucson International Airport amid a plan to add more than 2,000 jobs. Raytheon also has significant operations at the University of Arizona Tech Park.

In 2018, Raytheon executives along with federal, state and local leaders formally dedicated six new buildings at the company’s Tucson plant site. The company has since completed infrastructure expansion and hired more than 2,000 new workers. Raytheon plans additional hiring, as well as investments and improvements in manufacturing, engineering technology and facilities infrastructure in order to meet growing customer demand.

“Raytheon is one of our state’s most valuable assets,” said Arizona Gov. Doug Ducey. “This high-tech powerhouse is a major jobs creator, and its products help to defend freedom around the globe. Arizona will continue to foster a pro-growth tax and regulatory environment that allows Raytheon to thrive in our state for years to come.”

The company makes many of the nation’s front-line defense systems, including the Tomahawk cruise missile and the Standard Missile series of ship-defense and ballistic missile interceptors, and more recently has been working on hypersonic missiles and laser weapons to defeat drones and other threats.

Raytheon Missile Systems’ parent company is finalizing a merger with United Technologies Corp announced last year.

The new consolidated business will be named Raytheon Missiles & Defense and Raytheon Intelligence & Space.  It is the Missiles & Defense Unite which will be rooted in Tucson. Intelligence & Space will be based in Arlington, Virginia.