Homebuilder to Expand Tucson Footprint in the Master Plan’s Newest Phase of Development

SAHUARITA, AZ (March 20, 2025) —  Century Complete, part of Century Communities, Inc.—a top national homebuilder and industry leader in online home sales, featured on America’s Most Trustworthy Companies and World’s Most Trustworthy Companies by Newsweek—has closed on 110 lots in Rancho Sahuarita’s next phase of residential development, Entrada Del Toro. The builder is expected to close on additional lots before year-end and into 2026.

This first transaction closed March 11, 2025, for $8,855,00 ($80,500 per finished lot).

The new Entrada Del Toro neighborhood consists of nearly 1,000 lots, many of which are already in escrow or closed with four additional homebuilders. The neighborhood will also be home to Rancho Sahuarita’s next large recreation amenity, Club Del Toro, which is expected to open in the Summer of 2026.

Showcasing spacious floor plans with popular open-concept layouts and designer-selected finishes, Century Complete homes provide the perfect blend of comfort and modern living. Features such as Whirlpool® stainless-steel appliances, granite countertops, modern white cabinetry, and Shaw® wood-look plank flooring ensure style and quality in every home.

Jeremy Sharpe, Managing Partner for Rancho Sahuarita, said “We are thrilled to welcome Century Complete to Rancho Sahuarita. We look forward to continue working with their team to offer yet another great option for homebuyers in our next phase, and we’re excited for their opening in the coming months!”

More information about floor plans and pricing will be made available soon. Visit www.CenturyCommunities.com/EntradaDelToro to join the interest list or to learn more.

To learn more, subscribers should refer to RED Comp #11788.

Phoenix, AZ. (March 19, 2025) – ABI Multifamily, the premier multifamily brokerage and advisory services firm in the Western U.S., is pleased to announce the $22,350,000 sale of La Posada Apartments, a 136-unit multifamily community in Tucson, Arizona. The transaction, priced at $164,338 per unit and $189.09 per square foot, was facilitated by ABI Multifamily’s Phoenix-based Institutional Arizona Team—Alon Shnitzer, Rue Bax, Eddie Chang, Doug Lazovick, and Tyler Bruggman—in collaboration with their Tucson Apartment Team, Desiree Palmer and Ryan Kippes. The buyer, Break of Day Capital, is based in California, while the seller, Element Property Company, a national multifamily investment firm, acquired the property in 2020.

La Posada Apartments is located in the Midvale neighborhood of Tucson, Arizona, at 1745 South Headley Road, just north of West Valencia Road. Residents enjoy convenient access to downtown Tucson, which is approximately a 15-minute drive via Interstate 19. The property is also just two miles from the Tucson Spectrum outdoor mall, offering a wide range of amenities, including Target, The Home Depot, Ross Dress for Less, Best Buy, Discount Tire, Harkins Theatre, Sprouts Farmers Market, and Main Event.

Completed in 1999, La Posada Apartments features wood frame and stucco construction with pitched tile roofing. The property offers a well-balanced unit mix, including 26 one-bedroom/one-bathroom units, 30 two-bedroom/one-bathroom units, and 80 three-bedroom/two-bathroom units, with an average size of 869 square feet. Each unit is individually metered for electricity and has its own hot water heater. Unit interiors include air conditioning, walk-in closets, patios/balconies, vinyl-wood flooring (in select units), ceiling fans (in select units), and access to cable and high-speed internet. Kitchens are fully equipped with stainless steel appliances (in select units). On-site amenities include a swimming pool/spa, clubhouse, laundry facilities, fitness center, business center, children’s playground, gated entry, and ample open parking.

Nearby employers include Banner University Medical Center South, Freeport-McMoRan, Walmart, Intuit, and the University of Arizona, making La Posada Apartments a prime location for tenants.

To learn more, subscribers should refer to RED Comp #11784.

TUCSON, AZ (March 18, 2025) — The multitenant office building at 800 E Wetmore in Tucson recently sold for $2.4 million ($52.15 PSF). The 38,464-square-foot building sits on 2.7 acres southeast of Wetmore and First Avenue in Tucson.

The asset sale closed on February 28, 2025.

At the time of sale, five office spaces totaling 25,514 square feet were available for lease. Individual spaces range from 2,085 to 13,960 square feet. The lease rate was $19.50 per square foot per year on a full-service basis. The building itself encompasses approximately 38,464 square feet of office space.

This two-story Class B office building, constructed in 1990 at the base of the Foothills, features 278 parking spaces at the Wetmore Road and 1st Avenue intersection and offers prominent signage opportunities.

Building Highlights include:

• Striking dark glass exterior with excellent signage
• Office improvements can be customized to suit tenant requirements
• Spacious lobby and outdoor patio, ideal for coworking
• Ample covered parking and a secured lot for company vehicles
• Convenient access to a variety of local amenities
• Outdoor areas are perfect for lunch breaks and entertaining

The buyer plans to update the interior lobby and suites and create a rear gate access to the neighboring Sprouts market. The buyer intends to occupy 3,800 SF under the business name Ajo Enterprises, Inc. and renovate the remaining suites for lease.

The seller, Wetmore 800, LLC of Tucson, was represented by Cushman & Wakefield | PICOR’s team, Rick Kleiner, Tom Nieman, and Alexis Corona.

The buyer, Wetmore Tucson, LLC is an affiliate of Ajo Enterprises, Inc. c/o Jon Bradford, manager was represented by Realty One Group (Phoenix) Jason Miszuk.

For more information, the Cushman & Wakefield team can be reached at 520.748.7100, and Miszuk can be contacted at 623.236.1413.

To learn more, subscribers should refer to RED Comp #11766.