PIMA COUNTY, ARIZONA – As part of Pima County’s efforts to inform the public of the status of the COVID-19 pandemic, the Health Department has distributed a mass alert message to the public using the My Alerts system. The message informs those who have opted for emergency alerts that the County Health Department has issued a Public Health Advisory about actions the public needs to take to prevent the spread of COVID-19.

The message notifies the public that COVID-19 transmission rates are currently extremely high. Because of this, area hospitals are at or near maximum capacity.

For the health and safety of the public, the Pima County Health Department has advised residents to remain home when possible and to always wear masks and practice distancing when in public.

The message reiterates Board of Supervisors Resolution 2020-96, passed Dec. 4, which strengthened the County response to the pandemic by requiring everyone to wear masks or face coverings when in public and can’t easily maintain a continuous distance of at least six feet from others. The Resolution also mandates businesses require customers to wear masks.

PHOENIX, ARIZONA – Sales of three parcels of land and two office buildings totaling $3.051 million highlight recent deals closed by NAI Horizon professionals.

Jay Mininberg, J.D. and Thomas Bean, CCIM negotiated a sale of a 4,432 SF office building representing the buyer, Levin Family Holdings, LLC for $1.51 million. The property is located at 11111 N. Scottsdale Road, Scottsdale, AZ. The seller, Davis, Blase, Stone & Holder, PLLC was represented by Jason Triano and Tanner Milne with Menlo CRE.

Mark Wilcke negotiated a sale of 4.97 acres of land representing the seller, Stehly Family Trust for $977,500. The property is located at 6447 S. Mountain Road, Mesa, AZ. The buyer, TWC Properties, LLC was represented by Mike Parker with CBRE.

Christopher Lewis negotiated a sale of a 3,204 SF retail building representing the seller, Eric J. Werner for $570,000. The property is located at 10812 N. Cave Creek Road, Phoenix, AZ. The buyer, Martin Nieto was represented by Denise Adame with A/J & Associates DBA Home Pros.

Rick Foss negotiated a sale of 8 acres of land representing the buyer, Diamond A. Quarter Horses, LLC for $319,000. The property is located at 0000 West Randolph Road, Casa Grande, AZ. The seller, Gary and Kathie Little was represented by LD Hawkins with Hawkins and Associates Realty Inc.

Laurel Lewis and Dylan Whitwer negotiated a sale of a 2,732 SF office condo representing the seller, Troon LLC, a Nevada Limited Liability Company for $175,000. The property is located at 10045 E. Dynamite Blvd., Scottsdale, AZ. The buyer, Coronado House, LLC, an Arizona Limited Liability Company was represented by Ron Hassid.

Christopher Lewis negotiated a sale of 0.16 acres of land representing the seller, Law Office of Michael Doyle 401K for $70,000. The property is located at 1719 E. Madison St., Phoenix, AZ. The buyer, Picacho Peak Construction was represented by Kristin Dong with ES Realty.

PHOENIX, ARIZONA – CBRE announced the sale of TriWest Corporate Headquarters Campus, a four-building office property in Phoenix, to an East Coast-based private buyer for an undisclosed amount, making their first investment in the Phoenix market.

CBRE’s Barry Gabel, Chris Marchildon and Will Mast represented the seller, Irvine, Calif.-based Granite Phoenix Complex Holdings, in the transaction.

Located at 15810, 15820, 15830 & 16010 North 28th Avenue, the 121,511-square-foot property is situated on about 12.34 acres within the 100-acre Arizona Business Park in the Deer Valley submarket. The site is 100 percent leased to TriWest Healthcare Alliance, which has occupied the property since 2003 and recently renewed their lease. The property is near Interstate 17 and the Loop 101 Freeway, providing access to 70 percent of Maricopa County within a 40-minute commute.

Due to the proximity to two major freeways, the Deer Valley Office Submarket has the largest concentration of professional and financial services workers in Arizona, with more than 23,000 jobs within a three-mile radius of the I-17 and Loop 101 Freeway interchange, according to CBRE research. The area also has the highest concentration of single-tenant corporate and regional headquarter campuses in metro Phoenix. Approximately 66 percent of the submarket’s office space is leased to or owned by single-tenant corporate users.

”The sale of the TriWest Corporate Headquarters is indicative of what investors are seeking in today’s marketplace,” said Marchildon. “Single-tenant office investment opportunities are a preferred product type due to reliable cash flow and minimal managerial oversight. The sale of this corporate headquarters campus provides the buyer with a recently upgraded facility, in a high-barrier-to-entry location, with a long-term consistent income stream and a tenant that has called this property home for nearly 20 years.”