High-Demand Tucson Retail Property Sold for $4.23M in VOLK Company Deal

1570 E Tucson Marketplace Boulevard, Tucson, AZ

TUCSON, ARIZONA (April 23, 2025) – Tempe-based, R&P Properties, LLC has completed the sale of a fully leased, multi-tenant retail center located at 1570 E Tucson Marketplace Boulevard for $4,228,817.80 ($461. PSF). The 9,175-square-foot strip center sits on a 64,076-square-foot parcel (1.47 acres) with five tenants. The property is part of the Bridges Master Plan, one of Tucson’s premier mixed-use developments.

Tenants include: NextCare Urgent Care: A walk-in medical clinic providing injury treatment, physicals, pediatrics, X-rays, lab services, STD testing, immunizations, and occupational health services.AT&T Authorized Retailer: A store offering wireless plans, the latest smartphones, accessories, and other telecommunications services; and Kahu Hawaiian BBQ: A restaurant bringing Hawaiian BBQ cuisine from Phoenix to Tucson, marking their second location.

The buyers, Conteslin LLC and Shops H LLC of Bellingham, WA, acquired the asset in a strategic investment move that positions them to benefit from ongoing growth in the area — including the highly anticipated 100,000-square-foot Bass Pro Shops Mega Store, currently under construction across the property.

The transaction was brokered by Jeramy Price, Joey Castillo, and Andreas Castillo of VOLK Company, who represented the seller. Joey Castillo also represented R&P in its 2021 property acquisition and has been its leasing agent since then. His team will continue leasing efforts under the new ownership.

The property was 100% leased at the time of sale, offering the buyers immediate, stabilized cash flow and long-term upside potential. Its high-traffic location near Costco, Walmart, Planet Fitness, and the University of Arizona Tech Park enhances its desirability for retailers and investors.

This sale underscores ongoing investor interest in quality retail assets within well-located, growth-oriented Tucson submarkets.

For more information, Price can be reached at 520.441.4721, Joey Castillo at 520.495.2234, and Andreas Castillo at 520.495.3220.

To learn more, subscribers should refer to RED Comp #11840.




Berkadia Negotiates $48 Million Multifamily Build-to-Rent Property Sale in Phoenix

Phoenix, Arizona (April 23, 2025) – Berkadia, a distinguished leader in the commercial real estate sector, announced today the sale of Sanctuary at South Mountain, a 166-unit, horizontal Build-to-Rent (BTR) community in South Phoenix, Arizona. Senior Managing Directors Mark Forrester and Ric Holway, and Managing Directors Andrew Curtis and Dan Cheyne of Berkadia Phoenix, led the transaction on behalf of the seller, Arizona-based CRP/Brown 40th and Southern Owner, L.L.C.

Sanctuary at South Mountain sold for $48 million to San Diego-based Tower 16 Capital Partners on April 16. The sales price reflects a per-unit price of $289,157 or $262.00 per square foot.

“Cottage-Style (BTR) Properties continue to attract strong interest from the investment community,” said Curtis. “We are pleased to represent the seller on this transaction, and we are thankful for the thoughtful execution by the buyer who believes in the product type.”

Located at 6250 S. 40th Place, Sanctuary at South’s Mountain’s convenient location off the I-10 freeway provides easy access to various high-wage employment hubs across the metro area, notably in Tempe, Central Phoenix, and around Sky Harbor International Airport. Built in 2024, Sanctuary at South Mountain offers a desirable selection of one, two, and three-bedroom single- and two-story apartment homes in an irreplaceable central, infill Phoenix location. Each unit boasts well-designed floor plans with nine-foot ceilings, smart home systems, and privately fenced-in yards or patios. The community also features best-in-class amenities, including a first-rate clubhouse, expansive fitness center, and resort-style pool and spa.




Tucson Mariachi Conference Celebrating 43 Years of Tradition

Tucson, AZ (April 23, 2025)  — The Tucson International Mariachi Conference returns for its 43rd year on April 23 for five spectacular days of the best of authentic Mariachi and Folklorico performances, workshops, and celebrations. This Tucson-based conference has grown and evolved over the years into a truly world-class event while it continues to fulfill the mission of promoting awareness and traditional values of Mariachi music and Baile Folklorico through education and performance, while promoting pride in youth and community.  https://drive.google.com/file/d/1XUcapr5eozx9JkJGkgUm_yfZQd4pJm-X/view

Finalists in both Mariachi and Folklorico  will compete to be winners in their respective categories at the Fiesta Garibaldi on Saturday, April 26.  For Tickets and additional information on workshops and performances visit https://www.tucsonmariachi.org/

CONFERENCE HIGHLIGHTS

El Mariachi Canta Vocal Competition – April 23. 

Final Round will be held on Wednesday, April 23rd at the MSA Annex: 267 S. Avenida del Convento, at 6 pm.

Student Showcase Concert – April 24

The Tucson International Mariachi Conference proudly presents The “Armando C. Gonzales Student Showcase.” Mariachi and Folklórico groups come together from many cities across the southwestern United States. Their parents, nanas, tatas, tios, tias, padrinos, friends and many family members proudly watch the students perform!

Students take the stage to showcase their musical and dancing talents, which they learned in the previous days’ workshops. Student groups, each taking the stage for 9 minutes, perform to a delighted audience.

Espectacular Concert – April 25

Our Espectacular Concert has been honored and graced with world-renowned performers, Mariachi groups, and Baile Folklorico Dancers.  We provide a memorable night that exemplifies the best in entertainment with amazing talent that energizes our audiences. The Espectacular Concert has been an integral part of The Tucson International Mariachi Conference and promises to continue to have outstanding entertainers to enhance our culture, music, dance, and education for years to come. Featuring performances by Nuevo Tecalitalán Mariachi.

Fiesta de Garibaldi – April 26 Jacome Plaza Downtown Saturday, April 26, 2025 10 am – 10 pm

Mariachi León – 10:20 am-10:40 am

Mariachi Los Potrillos -10:40 am-11:00 am

Mariachi Los Caballeros 11:00 am-11:20 am

Mariachi Oro de Rancho 11:25 am-11:45 am

Mariachi Oro de Tolleson 11:50 am- 12:10 pm

Ballet Folklorico de Tolleson Union High School Guinda y Oro 12:15 pm-12:35 pm

Mariachi Las Aguilitas 12:40 pm-1:00 pm

Cimarrones de Sierra Folklorico 1:05 pm- 1:25 pm Mariachi Sierra 1:30 pm-1:50 pm Mariachi Nueva Luna 1:55 pm-2:15 pm

Mariachi Los Dragoncitos 2:20 pm-2:40 pm

Mariachi Los Toritos 2:45 pm-3:05 pm

Mariachi Alma del Cañon 3:10 pm – 3:30 pm

Compañia de Danza Folklorica AZ 3:30 pm-3:55 pm

Mariachi Innovación 4:00 pm-4:20 pm

Mariachi Orgullo Nacional 4:25 pm-4:55 pm

Mariachi Pumas 5:00 pm-5:20 pm

Mariachi Estrella Juvenile 5:25 pm-5:55 pm

Los Changuitos Feo de Tucson 6:00 pm- 6:20 pm

Mariachi Olimpico de Roosevelt High School 6:25 pm-6:55 pm

Mariachi Rayos del Sol de Tucson High 7:00 pm-7:55 pm

Mariachi Aztlán de Pueblo High School 8:00 pm-8:20 pm

Mariachi Los Diablitos 8:25 pm-8:55 pm

Canta Winners 9:00 pm-9:15 pm

Mariachi Nuevo Azteca 9:15 pm-10:00 pm

Mariachi Mass – April 27 -noon – Features Liturgical Music By A Mariachi Band

You are cordially invited to participate in this spiritual and colorful celebration. This traditional Catholic Mass is a beautiful fusion of culture and faith. This solemn celebration is performed by our local Catholic Priest, featuring local mariachi and folklorico performers. The Mariachi Mass attracts a diverse segment of the community in a wonderful celebration that is open to all denominations. A release of white doves will follow Mass.

Since 1982, the Tucson International Mariachi Conference, a 501(c)3), has been a leading force in supporting the development of Mariachi and Ballet Folklorico instruction in schools across the United States. The annual conference helps to increase pride and awareness of Mexican American culture, promotes a sense of Achievement, Success, Craftsmanship, Discipline, Pride, and encourages youth to Engage in Education. For additional information, workshop sign up and to purchase tickets visit https://www.tucsonmariachi.org/ .