Maracay Homes, an Arizona-based home builder took down the first of 54-lots at Tortolita Vistas this week. This first takedown was for 7 lots at $160,000 per lot, or $1.12 million. The lots are oversized lots and will allow Maracay to have a model ready here for early next year.

This article has been archived, please login for access or subscribe now by going to the subscribe tab at the top of page.

[mepr-show rules=”58038″]Maracay will join A.F. Sterling at Tortolita Vistas, who is wrapping up with only a few homes remaining to finish.

When we spoke with Tom Lemmon, VP of Land Acquisition at Maracay Homes to discuss the recent closing of the 122 acres at Rancho Vistoso “Donut Hole” he mentioned with excitement the opening of Tortolita Vistas. “It is an extraordinary community and Maracay plans to take full advantage of the opportunity,” Lemmon said.

Meanwhile, the home builder continues construction and takedowns at the Preserve at Dove Mountain, taking down an additional 7-finished lots in September for $395,500 ($56,500 per lot) following four lots in August from Miramonte at Dove Mountain. All takedowns were at the option price for finished lots.

To read the full story on the $23 million Rancho Vistoso sale click here.

Will White with Land Advisors Organization of Tucson represented Maracay Homes on these transactions and all the Maracay communities in the Tucson area.

White can be contacted at (520) 514-7454. Visit also www.maracayhomes.com for more information on Maracay Homes’ new communities opening 2014.

Login for additional information.

Sale date 10/4/2013 for $1,120,000, (980,000 down) for first phase of 54 lots at Tortolita Vistas.  Options at the Preserve at Dove Mountain: 9/16/2031, 4 lots. 9/30/2013, 3 lots. 8/30/2013, 4 lots. All were $56,500 per finished lot. [/mepr-show]

THE FOLLOWING INDUSTRIAL PROPERTIES BY SUBMARKET WERE BOUGHT FOR INVESTMENT PURPOSES:
SOUTH SUBMARKET
This article has been archived, please login for access or subscribe now by going to the subscribe tab at the top of page.
[mepr-show rules=”58038″] Tin Cup Properties of Tucson (John Lashley) purchased the 8,439 sq. ft. industrial building at 220 E 27th Street in South Tucson for $300,000 ($36 PSF). The seller, Archie and Janice Anderson Revocable Living Trust had been an owner occupant. Property was built in 1979, has 7 grade level doors, and is on a fenced .58 acre lot zoned SB-2A. Vacant at time of sale, property was an investment purchase to be leased to multi-tenants. Ron Zimmerman with Cushman & Wakefield | Picor represented the buyer and is also leasing the property. Since property sold, 2,100 sq. ft. has already been leased to two separate tenants. Zimmerman should be contacted at (520) 748-7100.

SOUTH SUBMARKET

802/816 Evans, LLC of Tucson (Billie Meuschke) bought the multi-tenant industrial building at 802-816 E Evans in Solomon Industrial Park in Tucson for $450,000 ($38 PSF). The 11,850 sq. ft. building (built 1973) has 8 grade level doors and is built out to accommodate four tenants. There was 4,100 sq. ft. vacant at time of sale. The seller was Niner Holdings, LLLP of Portland, OR and no brokers were involved in the transaction.

CENTRAL SUBMARKET
R. W. and B.J. Strunk Trust acquired the industrial property at 3752 E Hardy Dr. in Tucson from Doherty Plumbing, Inc. for $220,000 ($92 PSF). Doherty Plumbing occupied the 2,400 sq. ft. building (built 1999) on a 10,800 sq. ft. lot prior to sale. The buyer purchased the property as investment for lease and had an undisclosed tenant for the property subsequent to the purchase. Property is zoned MU.

CENTRAL SUBMARKET
The 12,200 sq. ft. industrial building at 2020-2050 E Eastland in Tucson sold to Spectrum Capital Investments, LLC for $350,000 ($29 PSF) for investment. Property includes two parcels totaling .64 acre with a 20’ clear span metal building (built 1971) with over 6,000 sq. ft. of storage mezzanine, and approximately 1,200 sq. ft. of office space. Building has one grade level and one well dock, fenced yard, and 200A/240V/single phase power and 100A/208V/3-phase power. Property had a clean phase I environmental report and a C of O from the City of Tucson for warehouse usage. Two bathrooms had new fixtures. Mark Hays of Tierra Antigua in Tucson represented the seller, K&E Buildings Family, LLP. Brandon Rodgers of Cushman & Wakefield | Picor represented the buyer. Rodgers can be reached at (520) 546-2714 and Hays is at (520) 444-5401.

NORTHWEST SUBMARKET
A.D. Post Service Company of Tucson (Daniel Post) purchased the industrial property at 13830 N Adonis Road in Marana for $252,500 ($105 PSF). The 2,400 warehouse on 1.5 acre yard was constructed in 1992. It has 400 A/208V/ 3-phase power, 2 grade level doors and is zoned HI (Heavy Industrial) near I-10 and downtown Marana. The yard area has electrical, phone and sewer hookup for an office trailer. The seller was Sumac, LLC of Tucson. Buyer purchased property as investment to lease.

THE FOLLOWING PROPERTIES WERE SOLD TO INDUSTRIAL OWNER / USERS:

CENTRAL SUBMARKT
A&K Team of Tucson (Andrew Aragon, managing member) dba Revolvstore Services, an independently owned and operated service shop specializing in nothing but Volvos, bought the property at 175 W Plata in Tucson. The 5,243 sq. ft. property (built 2010) sold for $485,000 ($93 PSF) and has one grade level on a .69 acre lot with I-1 zoning. The seller was Stamoff Investments, LLC of Tucson (Richard St. Aubin, managing member). Revolvstore has relocated to the property and will be an owner occupant.

CENTRAL SUBMARKET
The 4,451 sq. ft. industrial property at 449 E Fort Lowell in Tucson sold to an owner / user for $310,000 ($70 PSF). The building was built in 1979 on a 22,412 sq. ft. lot. Tony Reed with Long Realty represented the seller, the Musse Goldbaum Living Trust and Ed Henne also with Long Realty of Tucson represented the buyer. Reed can be reached at (520) 915-5189 and Henne is at (520) 918-5989

WEST SUBMARKET
Christopher and Kylie Harvey, dba Blue Coyote Paint, purchased the property at 2251 N Dragoon in Tucson for $150,000 ($76 PSF). The 1,968 sq. ft. building (built 1988) is zoned I-1 and sits on a 16,478 sq. ft. lot. Blue Coyote Painting is a painting company specializing in the residential/commercial painting and repainting of fine Tucson homes and businesses for more than 25 years. Tony Reed of Long Realty in Tucson represented buyer and seller, MJI Company of Phoenix (Micah Strunk, managing member). Reed should be contacted at (520) 915-5189.

SOUTH SUBMARKET
Gerson’s Building Supply purchased 4,431 sq. ft. at 4726 S Country Club Rd. in Tucson from KMS Enterprises, LLC for $425,000 ($96 PSF). Gerson’s moved from 1811 S Park Avenue where it operated for more than 30 years selling used building supply materials. Brandon Rodgers of Cushman & Wakefield | Picor represented the seller and Curt Stinson with Realty Executives Tucson Elite represented the buyer in the transaction. Rodgers can be reached at (520) 546-2714 and Stinson is at (520) 877-4942.

[/mepr-show]

Sasiadek’s Information Technologies purchased the former Pima Federal Credit Union building at 4841 S Overland Dr. in Tucson for $575,000 ($67 PSF) for the 8,554 sq. ft. building for its new location. Located in the Butterfield Business Park, the building was built in 1992 and has been vacant for about one year after the credit union vacated it. The office building in this industrial setting is on a 1.18 acre lot zoned CI-1 and was built out at time of sale as 80% offices and 20% bank operations.
This article has been archived, please login for access or subscribe now by going to the subscribe tab at the top of page.

[mepr-show rules=”58038″]Sasiadek’s business has changed locations, products, and services many times since it was founded. However, their motto has followed throughout the changes. Sasiadek’s has always been in the business of serving business.

Sasiadek’s Information Technologies provides network management, I.T. consulting and printer services to businesses. In the middle of the last century, 1957, Sasiadek’s started selling hand operated adding machines and servicing manual typewriters. Over the years their products and services have changed. Sasiadek’s continued to focus on delivering real value and personalized service to their clients. Today, Sasiadek’s is providing a complete outsourced information technology department for a flat fee to organizations throughout Southern Arizona.

In the middle of the last century, 1957, Sasiadek’s started in Tucson selling hand operated adding machines and servicing manual typewriters. Over the years their products and services have changed. Sasiadek’s continued to focus on delivering real value and personalized service their clients.

Sasiadek’s believes that the company’s success is equal to the summation of all the employees’ successes. Recruiting and comprehensive selection process enables them to hire very smart, talented people who want to contribute, and be part of a very successful organization. Today, Sasiadek’s has a hundred plus employees.

Sasiadek’s is a local, family-owned and operated business and the recipient of many awards recognizing its commitment to excellence and integrity. Sasiadek’s has earned a reputation for delivering outstanding technical service.

John Yarborough of Romano Real Estate Corporation in Tucson represented the seller, Pima Federal Credit Union. Victor Nasser with Tierra Antigua in Tucson represented the buyer in the transaction.

Yarborough can be reached at (520) 577-1000 and Nasser should be contacted at (520) 544-2335.

Sale date: 9/5/2013. All cash deal for $575,000.[/mepr-show]