Aztera creates 30,000 SF ‘Hub of Innovation’ in Central Tucson

1120-1140 N Anita Ave
1120-1140 N Anita Ave, Tucson, AZ

Aztera Properties, LLC (Manny Teran, manager) purchased an approximately 30,000-square-foot office/manufacturing facility in two buildings at 1120-1140 N Anita Avenue in Tucson for $1.25 million ($42 PSF). The property is at I-10 and Speedway Boulevard in Central Tucson and formerly occupied by Victory Motorcycles.

Technology innovation is the driving force of Aztera, and with four sister companies currently under one 5,000-square-foot roof, the company is expanding into what Teran calls a “hub of innovation”. From thermostat interfaces, to flow batteries and solar enhancements, the company provides diverse technological solutions to specialized problems with a team of mechanical, electrical, and software engineers.

In 2011, Teran realized there was a need for customer-focused technology development, and he launched Aztera to respond. The company worked closely with Tech Launch Arizona (TLA) in creating a domain list of experts. TLA under the leadership of Dr. David Allen works with technology companies to commercialize UA technologies and facilitate industry-sponsored research. Aztera worked with TLA to compile a list of 13,000 domain experts who could be called on for specific expertise as the need rises.

Manny Teran
Manny Teran

For instance, when two TMC nurses approached Aztera with a better idea on how bed-ridden patients could be turned using technology, instead of the current lumbersome pillows and a sheet method, the TiltRite patient turning system was engineered and developed.

Acomni, another sister company, developed a Wi-Fi enabled HVAC monitoring device that allows users to visualize their energy expenses. Users have complete control over the unit and interfacing to the power grid. Power companies can then smooth out power use throughout the gird.

BrockTek, a company purchased by Aztera three months ago, has developed a product called Sun Sweep, a system used to clean solar panels in large commercial solar fields without the use of water. Space for manufacturing of Sun Sweep will be done at the new facility.

BrockTek also has an unmanned aerial and ground systems design and manufacturing company. The company provides complete solutions for aerial and ground data gathering, processing, and analysis in order to deliver strategic and actionable information to clients in military and defense, as well as across a variety of civilian sectors. The BrockTek team is comprised of highly specialized and diverse skillsets in systems design & integration, research & development, composites, custom machining, custom software design, and CAD modeling.

Engineer and entrepreneur, Manny Teran told us, “The two buildings purchased will become a hub of innovation, with manufacturing in the building to the north and offices in the southern building, separated by an installation of solar panels and a few Tesla battery stations on just over 2 acres.”

Gary and Randy Emerson of GRE Partners, LLC represented the seller, the co-trustees of the Louis W. Barassi Revocable Trust of Tucson and Bob Davis of Tango Commercial Real Estate (formerly of Rein & Grossoehme) represented the buyer.

To learn more the Emersons can be reached at 520.777.4949 and Davis cam be reached at 520.906.5682.

For more details on the products being marketed by Aztera go the the websites https://www.acomni.com/, https://www.brocktekus.com/, and https://www.tiltrite.com/ for more information.

Details on this sale transaction can be found at RED Comp #3262.




Larsen Baker Acquires Multi-Tenant Flex Building for $7.4 Million

4755-4775 S Butterfield Dr, Tucson, AZ (click to enlarge)
4755-4775 S Butterfield Dr, Tucson, AZ (click to enlarge)

Larsen Baker of Tucson (George Larsen and Don Baker, members) has acquired the industrial flex office building at 4755 – 4775 S Butterfield Drive in Tucson for $7.4 million ($77 PSF).

The 93,913-square-foot building (built 1986) is located on 7.6 acres in the Class A industrial park, Butterfield Business Center.

A call center for Sears occupies 73 percent of the building, or about 70,000-square-feet. Other tenants include a QuikTrip office, and CSL Plasma. There was 5,500-square-feet available for lease at time of sale.

Mark Palmer with Palmer Capital represented the seller, FAEC fbo 3430 Sunrise, LLC of Tucson (Eddy Chernecki, manager) and Andy Seleznov, CCIM, and Melissa Lal, CCIM, represent Larsen Baker in the sale and leasing of the property.

To learn more Palmer can be reached at 916.462.6205 and Seleznov and Lal can be contacted at 520.296.0200.

For additional information see RED Comp #3261.




Cali Buyers Pay $1.69 Million for Desert Atrium Apartments in Tucson

Desert Atrium Apartments (click to enlarge)
Desert Atrium Apartments (click to enlarge)

Nexpa Properties of Sausalito, CA (Kelsey and Jordan Gootnick members) purchased the Desert Atrium Apartments at 8750 E Cooper Street in Tucson for $1.69 million ($45,676 per unit).

Desert Atrium was built in 1972 and consists of a single two-story, garden-style apartment building situated on a 1.31 acre lot. The property has four different floor plans including two studios, (24) one-bedroom/one-bath, (10) two-bedroom/two bath units and one one-bedroom / one bath large deck unit, totaling approximately 28,256 rentable square feet.

The seller had done extensive interior & exterior renovations in 2013 and 2014 including: Major roof repairs including roof drains; Rebuilt second floor balconies Installed new irrigation and landscaping; Replacement of all iron railing bring them up to code; Pool decking, equipment and pool all brought up to code; Complete renovation of laundry room and all new equipment which is owner owned; Replaced 100 gallon water heater; Replaced 11 sliding door with French doors; installed security key card system; rehabbed 32 of 37 units new cabinets, tile and appliances.

The property is on the eastern part of town and situated 0.2 miles south of Broadway Boulevard, a major east-west arterial running through Tucson. The asset is conveniently located near many entertainment, retail and employment hubs including Saguaro Vista Shopping Center, Eastside City Mall, North mall Centre, University of Phoenix, St. Joseph’s Hospital, Cornerstone Hospital, Davis- Monthan Air Force Base, and Tucson International Airport.

Tony Reed of Long Realty represented the seller, Desert Atriums, LLC of Biddeford, ME and Allan Mendelsberg of Cushman & Wakefield | Picor represented the investor in the transaction.

To learn more Reed should be reached at 520.918.5189 and Mendelsberg can be contacted at 520.546.2721.

For more information see RED Comp #3216.