BRD Realty Negotiates Sale of Tucson Trucking Terminal for $157 PSF

TUCSON, ARIZONA – The Beneto Family Trust of Polsom, CA sold the Trucking Terminal at 3920 E Illinois in Tucson for  $1,005,850 ($157 PSF). The investor was also from California, Paul Beckwith of Moraga, CA.

Built in 1999, the 6,400-square-foot metal building on 2.49 acres is a key logistical property to the energy industry as inventory for heavy industrial zoned property is at an all-time low and the energy industry is arguably as key as it has ever been.

The property sold as a leased investment with KAG (Kenan Advantage Group) as the tenant. Kenan Advantage Group is North America’s largest tank truck transporter and logistics provider, delivering fuels, chemicals, specialty products, food products, and industrial gases through unique operating platforms. KAG Logistics provides industry-leading transportation management solutions and value-added logistics services designed for the fuels, renewable energy, chemicals, specialty products, food and merchant gas supply chains across North America. KAG operates out of approximately 300 terminal and satellite locations throughout North America. Kenan Advantage Group is the only independent fuels delivery carrier with a nationwide network, with operations in 40 states and the ability to deliver within all 48 continental United States, Canada, and Mexico.

Max Fisher with BRD Realty of Tucson represented the seller. Jeff Post with Kidder Matthews of Sacramento, CA represented the buyer.

For more information, Fisher should be reached at 520.465.9989.

To learn more, see RED Comp #9890




Hanson Ridge Sells out final piece of Phase I to KB Homes

VAIL, ARIZONA – KB Home has acquired 129 platted and engineered lots at Hanson Ridge in Vail for $2.6 million. ($20,155 per lot). This is the final piece for Phase I in the subdivision located in the Vail area of Tucson at Colossal Cave and Old Vail Road

KB will be joining Meritage and DR Horton, that in March purchased a combined total of 227-lots in  Hanson Ridge for an aggregate amount of $14.7 million as we reported on March 18, 2022 in The Real Estate Daily News.

The 129 lots are 35’x115’  and closed on May 10, 2022.

Dan Feig with Chapman Lindsey Commercial Real Estate Services handled the transaction for the seller, Vail UPRR South, LLC and Vail UPPR Russo, LLC of Tucson, Duff Hearon, manager.

For more information, Feig should be reached at 520.747.4000 ext. #103.




Cadden Community Management Tucson Office to Relocate to New Building

Tucson, AZ — Cadden Community Management Tucson Office to relocate to the old Northwest Fire Administration Building in Marana beginning June 1, 2022. The new office is located at 5225 W Massingale Rd in Marana.

Brett Anderson, president of Cadden, purchased the building for $1.1 million on April 29, 2022 and Northwest Fire vacated it at the end of April to relocate to 13535 N Marana Main Street in Marana.

“After 20+ years in the same location, we are excited to be moving to a standalone office where we have room to grow,” said Anderson.

The public should continue to visit Cadden’s current office located at 1870 W Prince Rd., Suite 47, through June 10th, at which time their new location will be open.

To learn more, see RED Comp #9836.