$1.25M Central Tucson Industrial Complex Sold by C&W | PICOR

TUCSON, ARIZONA (June 11, 2025) – Burrito Investors, LLC (Brandon Rodgers, Manager) has acquired an 18,386-square-foot multi-tenant industrial property located at 2802 and 2804 N. El Burrito Avenue in Tucson for $1,250,000 ($72 per square foot). The seller was Ray and Tara Bolinger.

The freestanding 9-unit complex features a mix of flexible warehouse and office space, offering configurations well-suited for light manufacturing, distribution, or service-based industrial operations. Situated in Tucson’s central submarket, the property benefits from strategic access to major arterials and proximity to key employment and logistics corridors.

Kameron Norwood, Investment Sales & Leasing Specialist with Cushman & Wakefield | PICOR, represented both buyer and seller in the transaction.

The sale highlights sustained investor interest in Tucson’s industrial sector, where a combination of moderate pricing, supply constraints, and resilient tenant demand continues to drive activity from owner-users and private capital sources.

For more information on this transaction, Norwood can be reached at 520.546.2792.

Reference: RED Comp #11918




Tenant-Turned-Owner: HVF Precious Metals Buys Tucson Industrial Site for $1.58M

TUCSON, ARIZONA (June 10, 2025)HVF Precious Metals LLC, a Michigan-based precious metals recovery firm, has purchased the 28,930-square-foot industrial facility located at 5657 S. Wilmot Road in Tucson for $1,579,300 ($54.59 PSF). The seller was Allied Industrial, LP of Tucson.

Although the sale closed on May 15, 2025, HVF has been operating at the Wilmot Road site since at least mid-2022, when it was a tenant. In July 2022, the company submitted a petition to the U.S. Environmental Protection Agency (EPA) seeking regulatory variances for its Tucson operations. The EPA formally granted these variances in July 2023, allowing the company to reclaim precious metals from electroplating waste and related materials, with a focus on environmental compliance and efficiency.

The Tucson facility is equipped with a high-capacity furnace capable of processing between 5,000 to 7,500 pounds of material per day at temperatures exceeding 1,500°F. HVF’s services include incineration, strip line processing, melting, and analytical lab work, supporting clients across the electronics and manufacturing industries.

With its headquarters in Trenton, Michigan, HVF Precious Metals is expanding its national footprint by adding this ownership presence in Southern Arizona, a region well-positioned for industrial growth and access to border markets.

For more information about HVF Precious Metals and its services, visit www.hvfpreciousmetals.com.

Reference: RED Comp #11910.




Casitas at La Mariposa Community Acquires 36.77 Acres in Tucson for Build-to-Rent Development

TUCSON, ARIZONA (June 6, 2025) – Casitas at La Mariposa Community, an entity affiliated with the developers of the upcoming Casita Village at La Mariposa, has acquired 36.77 acres of vacant land in East Tucson for $4,584,600. The property, located along Houghton Road adjacent to the La Mariposa Resort, was purchased from Ruth Chmeik and Fiona Brophy of Castle Pines, Colorado. The transaction closed on May 30, 2025.

The site is slated for development as a 162-unit build-to-rent casita community. In April, the Tucson Mayor and Council voted unanimously (6-0) to approve the rezoning for the project, with the proposal presented by The Planning Center. Led by Tucson-based developer Phil Amos, in partnership with Philip Aries and Kirk Saunders of Saunders & Amos, LLC, the project is the result of nearly four years of collaboration with local neighborhoods, floodplain regulators, and city officials.

Once completed, Casita Village at La Mariposa will feature single-story rental homes designed to integrate with the natural surroundings while meeting the region’s growing demand for affordable and attainable housing. The location offers proximity to parks, trails, and established neighborhoods, making it ideal for a thoughtfully scaled infill community.

Phil Amos, who also serves as the designated broker of Amos Realty Services, is known for his long-standing involvement in neighborhood-sensitive development throughout Tucson. The Casita Village project embodies this commitment and supports regional goals of increasing housing access while preserving community character.

No outside brokers were involved in the sale.

For more information about this transaction or land sale opportunities for development in the Tucson market, please inquire with your local commercial brokerage professional and reference RED Comp #11932.