Victory Police Motorcycles, LLC of Tucson (Nita Buckner, member) purchased the 14,730-square-foot industrial building on 1.21 acres at 1410 S Alvernon Way in Tucson for $595,000 ($40 PSF). The partial two-story automotive facility was built in 1978 with 12 grade level doors and frontage along Alvernon Way near 22^nd Street.

The property has been vacant for two years and was banked owned by Commerce Bank of Arizona when it sold in this REO sale.

Nita Buckner told us they did not yet have a moving date from their current location at 1106 N Anita Avenue but added, “We are very excited about our new location and hope to be there soon.”

A local success story, Victory Police Motorcycles is a Tucson-based company known worldwide for its ‘American Police Motorcycles’. The company was founded by Motor Officers for Motor Officers and is proud of their motorcycles being American-made by American workers.

Polaris Industries, Inc. introduced its ‘made in the USA’, large displacement cruiser motorcycles under the brand name ‘Victory’ in the spring of 1998, making Polaris one of the newest contenders on the motorcycle market. The brand name ‘Victory’ originates from the code name for the project, instead of naming it Project X, Polaris employees gave it the symbolic name ‘Victory’ and it stuck!

Financing for the facility purchase was done by Seacoast Commerce Bank.

Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | Picor, represented the seller and Pat Connor with Carter Capital Realty & Investments, LLC represented the buyer in this transaction.

Victory Police Motorcycles should be contacted at (520) 770-9500. Rodgers can be reached at (520) 546-2714 and Connor is at (520) 825-7700, for more information.

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[mepr-show rules=”58038″]Sale date: 5/30/14. Down payment was $82,400 and balance financed by Seacoast Commerce Bank. Zoning: C-2. Building has three separate metered sections with 1,260 AMP, 3-phase power. APN: 130-07-163D & 153C.[/mepr-show]

Old Pueblo Community Services (OPCS) purchased a 10,200-square-foot group home facility at 3701 E 3^rd Street in Tucson from Rio Verde Ventures (Jeffrey Katz, manager)for $600,000 ($59 PSF). The property consists of six casitas (built 1947) and eight apartments (built 1958) for an aggregate of 14-units ($42,857 per unit) at the northeast corner of Third Street and Dodge Blvd.

Formerly occupied as Tucson Centers For Women, the properyty includes a secure walled campus with central courtyard, covered ramada, basketball court, playground, commercial kitchen and laundry room. A 1,300-square-foot SFR has been converted to an administrative and meeting room building prior to sale.

OPCS offers multi-resident housing facilities, providing a structured living environment enhanced by a well-balanced assortment of support services a process of change through which individuals can improve their health and wellness, live a self-directed life, and strive to reach their full potential

OPCS provides excellent supportive services,using evidence-based practices, through: transitional living programs, substance abuse counseling services, home ownership programs and veterans assistance programs.

OPCS welcomes men, women and families reentering the community from incarceration, military service or combat, hospitalization, treatment, and/or detoxification – people with a strong desire to change the course of their lives.

OPCS currently operates ten transitional living properties in Tucson, with a bed capacity of approximately 300 beds, working closely with multiple federal, state and community partners.

This quote comes from the Old Pueblo Community Services website:

“Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending.” – Carl Bard

Bob Kaplan, Investment Specialist with Cushman & Wakefield | Picor represented the seller. Jack Hopkins with Tierra Antigua Realty of Tucson represented the buyer in this transaction.

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[mepr-show rules=”58038″]Sale date: 5/28/2014. Down payment: $180,000. Zoning R-3.APN: 125-11-156.[/mepr-show]

TUCSON, Ariz.– Bourn Companies, LLC of Tucson (Don Bourn, managing member) a commercial real estate investment, development and services company, announced Tuesday the demolition of the north half of Wilmot Plaza, located at the northeast corner of Broadway Boulevard and Wilmot Road in Tucson. TJ Maxx, Christie’s Appliance, Brawley’s Restaurant and R&S Mattress will remain open as the vacant buildings are being taken down to the north and west of TJ Maxx.

Built in 1956, the property consists of relatively large buildings grouped along the northern and eastern edges of the site, two small, free-standing vacant buildings near the Broadway/Wilmot intersection, and a small building at the northwest corner of the site. The shopping center is zoned commercial C-1, except a strip of land on the north and east property boundary. Bourn Companies on behalf of the owner at the time rezoned 2.6 acres from R-1 to C-1 for redevelopment in 2012.

Tucson General Plan defines the area as a regional commercial activity center that includes Park Place Mall and several shopping centers along Broadway Blvd, a high density office and residential node northwest of the intersection and the St. Joseph’s Hospital and medical office complex. The General Plan also encourages redevelopment and expansion of strip commercial development to improve traffic flow, pedestrian circulation and safety, and streetscape quality, providing primary access from an arterial street away from residential uses.

The initial phase of redevelopment was made possible with support of the Vice Mayor Paul Cunningham’s office and the San Rafael Neighborhood Association who wanted to see the property revitalized and returned as an amenity to the area, after years of vacancy and neglect.

Bourn acquired the property in July 2013, the center was 60-70% vacant when it sold to BP Wilmot Plaza, an investment group formed by Don Bourn, managing member.

Through redevelopment efforts Bourn intends to transform the 10 acre property into a first-class shopping center. In addition to the demolition, the buildings not being razed will undergo a complete remodel. The redevelopment of the property is estimated to last approximately one year.

While no new tenants are being announced at this time, Bourn is looking forward to bringing quality retailers to the high profile location to service the east side of Tucson.

Contact Alan Tanner or Brig Stevens at (520) 323-1005 for more information.

For related article see the Real Estate Daily News article Real Estate Facts, Rumors and half-truths