Plaza Campana Condominiums are Jumping with Owner / User Interest

TUCSON, ARIZONA – Plaza Campana is a 73,516-square-foot garden-style office condominium development located on the westside of Oracle Road between Ina & Orange Grove. It is one of Tucson’s premier class A office condo projects with 12 buildings situated on approximately 8.26 acres of land.  Units range in size from 1,537-square-feet to 12,612-square-feet.

The complex features a number of fountains, two monument signs on Oracle Road, a central courtyard, mature landscaping, and convenient parking (both covered and uncovered). Although the complex was built in 2002, the parking lot was resurfaced and all buildings were repainted in 2017 and all HVAC units have been replaced in the past few years. Plaza Campana is located at 6831-6893 N Oracle Road in Tucson.

Lately is has been attracting owner / users for a mixture of uses from medical uses to professional services.

Wellbeing Institute sold Units 22-24 at 6861 N Oracle Road Tucson in Plaza Campanas Condominiums for $756,720 ($180 PSF). The buyer plans to convert the 4,204-square-foot office to medical use as Hurst Plastic Surgery, Dr. Craig Hurst, principle.

John Yarborough and David Carroll with Romano Real Estate in Tucson represented the seller. Alan Moore with Chapman Lindsey Commercial Real Estate represented the buyer.

To learn more, see RED Comp #8066.

Another owner/user purchased a 1,537-square-foot office in shell condition at 6849 N Oracle, Tucson in Plaza Campanas Condominiums for $210,000 ($137 PSF). The buyer was Mary Schultz, a financial planner and will use property to occupy as Schultz Financial Group.

John Yarborough and David Carroll with Romano Real Estate in Tucson represented the seller, Wellbeing Center, Inc. and the buyer.

To learn more, see RED Comp #7894.

Earlier in the year, a 1,637-square-foot condominium was purchased by the tenant for $320,000 ($195 PSF) at 6867 N Oracle #157 in Tucson. Buyer was a tenant prior to sale and will continue to occupy as a medical practice dba Tucson Family and Geriatric Medicine – Karen Lee, MD.

John Yarborough and David Carroll with Romano Real Estate in Tucson represented the seller, Capri, Inc. and the buyer.

To learn more, see RED Comp #7485

For more information, Yarborough and Carroll should be reached at 520.577.1000 and Moore can be contacted at 520.747.4000




Sale of 3 Finished Industrial Lots within Fuller Commercial Center in Gilbert, AZ

GILBERT, Ariz. Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of three finished industrial lots totaling 3.1 acres within the Fuller Commercial Center in Gilbert, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the three assets sold for a total of $937,631 ($312,550 per lot).

“The all-cash buyer, as an owner/user, plans to construct an office building and fleet storage yard on the property,” said Art Rullo, investment specialists in Marcus & Millichap’s Phoenix office. “The in-place LI (Light Industrial) zoning allowed for a short due diligence period with close of escrow just days after the expiration of due diligence.”

Rullo had the exclusive listing to market the property on behalf of the seller, a limited liability company based in Phoenix, alongside his team members Michael Farrar and Ross Smith also in the firm’s Phoenix office. This transaction was one of several in which the seller has utilized the brokerage services of Marcus & Millichap throughout the country, according to Rullo. “This was pleasant collaborative effort between the buyer’s representative and our team,” he added. “At the end of the day, both the buyer and seller were pleased with the outcome of the transaction.”

The three improved commercial lots are located at 1063, 1031 and 1095 West Melody Avenue within the Fuller Commercial Center in Gilbert, Arizona.




Engage with Oro Valley; serve on a board or commission

Oro Valley, Arizona – The Town of Oro Valley offers residents many opportunities for public engagement and active participation in local government. Serving on a board or commission is an opportunity to engage in a particular area of interest, such as the Historic Preservation Commission, Stormwater Utility Commission, Board of Adjustment and many more.

Although board and commission members are ultimately appointed by the Mayor and Town Council, the first step in that process is submitting an application. To serve on a board or commission, members must be residents of the Town of Oro Valley; be available to attend the designated meetings; and be committed to the completion of the Town’s Community Academy within their term.

Please visit the following website for all Oro Valley board and commission vacancies; https://www.orovalleyaz.gov/Government/Departments/Town-Clerk/Services/Apply-for-a-Board-or-Commission

For questions, please contact Deputy Clerk Michelle Stine at [email protected] or 520-229-4744.