Trade Wind Properties Buys Medical Office Condominiums Near St. Mary’s Hospital for $1.825 Million

TUCSON, ARIZONA (June 10, 2026) — Trade Wind Properties LLC of Koloa, Hawaii, purchased five medical office condominium units at The Pain Center, 1704 W. Anklam Road in Tucson, for $1.825 million.

The seller was NWI St. Mary’s Medical Plaza Holdco LLC, an affiliate of Northwest Healthcare Properties REIT of Tucson.

The sale included Units 107, 108, 109, 113, and 201 within St. Mary’s Medical Plaza II Office Condominium Suites. The property is located near St. Mary’s Hospital in Tucson’s west submarket.

The office condominium property was built in 1987 and totals 13,582 square feet on approximately 0.32 acres. The sale price equates to approximately $134.37 per square foot, or $365,000 per unit.

The property is classified for professional office use and was sold as an investment sale. The building is masonry construction and was listed in average condition.

Medical office properties near established hospital campuses continue to draw investor attention due to their proximity to healthcare anchors, patient access, and stable long-term demand for outpatient medical services.

Tom Nieman and Bryce Horner with Cushman & Wakefield | PICOR represented the seller. Timothy Redelsperger with Long Realty represented the buyer.

For more information, Nieman can be reached at 520.546.2728, and Horner can be reached at 520.546.2737.

Source: RED Comp #12484

Insight Homes Buys Oro Valley Land for 30-Lot Residential Project

ORO VALLEY, AZ (June 9, 2026) — Insight Homes, a premier Tucson-based home builder with a legacy of craftsmanship and innovation dating back to 1980, is proud to announce its newest community — North Ridge Estates — a gated enclave of custom homes nestled in the heart of Oro Valley, Arizona.

Insight Investment Company purchased approximately 36.44 acres of vacant residential land at the southwest corner of North La Cañada Drive and West Moore Road in Oro Valley for $3,525,000. The sale equated to approximately $96,734 per acre or $117,500 per lot, based on a preliminary plat for 30 single-family residential lots. The property is located at 12701 N. La Cañada Drive in Oro Valley’s northwest submarket.

Insight HOmes

North Ridge Estates offers discerning buyers the rare opportunity to own a finely appointed custom home on generous homesites, several of which exceed one full acre in size. The gated community reflects Insight Homes’ commitment to delivering a lifestyle that blends privacy, elegance, and quality construction.

Insight Homes has established itself as a trusted name in Tucson real estate by offering unique, energy-efficient new construction homes paired with a level of personal service rarely found in today’s market. The company’s dedication to excellence is evident in its previous work at La Canada Ridge, a community of 30 semi-custom homes situated directly adjacent to North Ridge Estates.

Mike Jones, founder and owner of Insight Homes, has been building homes in Tucson since 1980 and remains deeply committed to the community.

“Insight Homes continues to grow alongside the Tucson community,” said Jones. “North Ridge Estates represents everything we stand for — quality, craftsmanship, and homes built to last.”

The seller was The Estate of Dewanne D. Hopson.

According to the broker, the property was annexed into Oro Valley, master-planned, rezoned, and engineered with a preliminary plat over approximately three and a half years, beginning in September 2022, at the buyer’s cost and expense. The preliminary plat includes 30 lots on the 36-acre site.

The transaction highlights continued builder interest in Oro Valley and the northwest Tucson area for residential land, where entitled and engineered sites remain limited and difficult to assemble. The La Cañada and Moore Road location places the property near established Oro Valley neighborhoods, schools, services, and major northside transportation corridors.

Roger Breckenridge of Long Realty represented the seller. Ben and Adam Becker of CBRE Tucson represented the buyer.

For more information, Breckenridge can be reached at 520.918.5813. Ben Becker can be contacted at 520.323.5149, and Adam Becker at 520.323.5188.

The sale closed on May 28, 2026.

Source: RED Comp #12519

Lennar Expands at Star Valley with $7.9 Million Lot Purchase

TUCSON, ARIZONA (June 5, 2026) – The Star Valley master-planned community continues to be the go-to destination for homebuilders in Tucson’s southwest submarket. Lennar Arizona, LLC has closed on an additional 85 finished lots, advancing its existing program within the master plan. The builder paid $7,905,000 ($93,000 per lot) for the finished lots.

The seller in the transaction was GAC Star Valley, LLC, a partnership managed by Sunbelt Holdings, including Rick Andreen and Mike Geddes of Scottsdale. Sunbelt Holdings has become one of the most active master developers in the Tucson region, delivering a significant share of the market’s new finished lots annually. In addition to Star Valley, their portfolio includes well-known communities such as La Estancia, Red Rock Village, Sycamore Canyon, Monarch in Marana, and Camino Verano. Star Valley alone has delivered more than 1,500 lots to homebuilders in the past 48 months.

The project was initially acquired by Geddes and Andreen of Scottsdale in 2019, who later partnered with Sunbelt Holdings to develop the balance of the community. The 85 lots purchased by Lennar are 40′ x 115′ in Block 3, Phase 2. Star Valley’s near-term focus will be preparing additional plats for delivery to the community’s homebuilders later in 2026.

The transaction was brokered by Will White and John Carroll of Land Advisors Organization in Tucson. Land Advisors Organization has the marketing assignment at Star Valley.

“Star Valley continues to be a reliable source of lots for Tucson’s homebuilders in the southwest submarket, White commented. “Lennar has been a consistent and strategic partner in the master-plan, and this transaction reflects that ongoing commitment.”

For more information, contact White and Carroll at 520.514.7454.