TUCSON, AZ – California- based, Sage Tucson Senior Living LLC, purchased 8.9 acres at 2365 W Orange Grove Road in Tucson for $940,000 ($2.43 PSF). The vacant land is to be used for construction of a two-story, 96,159-square-foot Assisted Living and Memory Care Center dba Sage Desert Senior Living.

The new facility will be located at the southwest corner of Orange Grove and San Joaquin, near the Northwest Medical Center campus.

This 119-bed facility will be the buyer’s first in the Tucson area and sold ready to break ground, with all permits in place. Sage has other facilities in California and Nevada.

Wayne Van Hell of Jeffrey DeMure & Associates in California is the lead architect for the project.

Jason Wong, CCIM, LEED-AP, CDP, CRX of Crestline Properties in Tucson represented the seller, the Lee Family Trust of Tucson and Pat Welchert, SIOR, of Cushman & Wakefield | Picor represented the buyer in the transaction.

For more information, Wong should be reached 520.603.1191 and Welchert can be contacted at 520.546.2748. Van Heel is at 916.783.3700.

To learn more, see RED Comp #4196.

TUCSON, AZ — WCCP Williams Tech LLC of Scottsdale (William Metzler, manager) purchased two office buildings at 5431 and 5451 East Williams Blvd in Tucson for $13.6 million ($141 PSF) from BP WCTC Investors of Tucson, an affiliate of Bourn Partners (Don Bourn, manager).

5431 and 5451 East Williams Boulevard are located in the prestigious Williams Centre Technology Campus in Tucson, Arizona, near the southwest corner of Broadway Blvd. & Craycroft Road. The buildings offer a total of 96,421 square feet of Class “A” office space. Both two-story office buildings are state-of-the-art facilities, with 6-inch raised flooring and back-up generator.

5431 East Williams Boulevard sold 100% leased to three industry leading tenants, Texas Instruments (NASDAQ: TXN), Sorenson Communications and Centene Corporation. The 46,878-square-feet of Class “A” office space was built in 2000.

5451 East Williams Boulevard sold 100% leased to ADP (NASDAQ: ADP). The 49,543-square-feet of Class “A” office environment was built in 2001.

Bill Palmer of Palmer Capital Inc. in Roseville, California negotiated the sale for the seller and Phil Skillings with NAI Horizon of Tucson, also a principal in the transaction, represented the investor.

For additional information, Palmer should be reached at 916.462.6201. Skillings can be contacted at 520.977.6369.

To learn more, see RED Comp #4189.

TUCSON, AZ –MS Tucson, LLC an affiliate of Mainstreet Property Group, purchased 8.5 acres located at 5151 E. Pima Street in Tucson from 5151 Pima, LLC (Craig Masters, manager), for $2.4 million ($6.47 PSF).

The buyer plans to construct a 47,300-square-foot Transitional Care Medical Facility on 5.5 acres, and make the 3-acres of excess land available for sale, to be represented by PICOR.  The property is located at Pima and Rosemont Blvd., within blocks of Tucson Medical Center.

The Mainstreet Group is an Indiana-based developer of senior housing and care properties, specialized in the acquisition and development of real estate properties focusing on both the long-term and short-term care for the senior population.

Transitional Care Centers assist patients with complex medical needs, primarily older patients, at risk of poorer outcomes due to medication errors and other errors of communication among the involved healthcare providers and between providers and patients/family caregivers. Most transitional care occurs from hospitalization to the next provider setting – often a sub-acute nursing facility, a rehabilitation facility, or home either with or without professional homecare services. Adverse patient outcomes include continuation or recurrence of symptoms, temporary or permanent disability and death. Healthcare utilization outcomes for patients experiencing poor transitional care include returning to the emergency room or being readmitted to the hospital. As healthcare expenditures rise at an unsustainable rate there is increasing focus by patients, providers and policymakers on restraining unnecessary resource utilization such as that incurred by preventable re-hospitalizations.

Rick Kleiner, MBA, Office Specialist with Cushman & Wakefield | PICOR, represented the seller. Devpal Gupta with Cushman & Wakefield, Phoenix, represented the buyer in this transaction.

For more information, contact Kleiner at 520.546.2745 or Gupta at 602.682.8207.

To learn more, see RED Comp #4169.