SAHUARITA, ARIZONA – The first phases of Entrada Del Rio subdivision in the Master Planned Community of Rancho Sahuarita has all its lots either sold or under contract. Meritage Homes has committed to 112 SFR lots and recently took down 41 lots.

Meritage Homes closed on 21 additional new home lots in Entrada Del Rio in Rancho Sahuarita for $1.115 million ($53,095 per lot) in June and 20 more lots in July for $1,020,225 ($51,011 per lot), continuing to offer homebuyers stunning new home options in the master planned community’s newest neighborhood. The lots are located just north of the homes currently being built by Lennar.

Another 20 lots are scheduled for acquisition on August 18^th and 20 more lots by year end.

Since opening for presales in December 2019, the builder has had strong sales in the community, with the first homeowners moving in in June. Meritage Homes will sell the additional homes from their existing model and Sales Center located at 903 W. Calle Tolima.

Meritage Homes currently offers five different floorplans, ranging from 1,912- to 2,920-square-feet. The floorplans include four- and five-bedroom homes in both single- and two-story layouts. The open concept floorplans feature expansive kitchens, with covered porches, first floor dens and more. Meritage Homes feature ENERGY STAR certified appliances, advanced thermostats, Fresh Air Management Systems and other energy-efficient appliances and technologies for families to enjoy.

“With four homebuilders at Entrada Del Rio: Richmond, Lennar, KB Homes and Meritage, July was a phenomenal month for home sales,” said Diana Dessy, Director of Land Assets for Rancho Sahuarita Management Company. “There were 41 homes sold in Entrada Del Rio between June and July. With final lots sold or contracted for here we will be moving south to plat several hundred more lots in regions 6 and 7 to fill our builders’ pipeline.”

Entrada Del Rio will comprise over 500 new homes in Rancho Sahuarita when complete, with ease of access in and out of the community, close proximity to local schools, and the Parque Del Rio neighborhood amenities and the Rancho Sahuarita Marketplace nearby.

The commercial component, Rancho Sahuarita Marketplace is also going strong. Arby’s recently purchased here for their second restaurant in Sahuarita, and Northwest Hospital, under construction, is scheduled to open this Fall.

More information about the line of Meritage Homes available in Entrada Del Rio can be found online

For more information, Dessy can be reached at 520.275.7235.

To learn more, see RED Comp #7854 and #7982.

TUCSON, ARIZONA – An affiliate of True Mechanical Heating and Air Conditioning bought the industrial property at 632 West Flores Street in Tucson for $385,000 ($54 PSF). The 7,078-square-foot building was built in 1960 on .32 acres.

True Mechanical will owner occupy the property. Established in 2015, this family owned and operated company does repairs and replacements for residential and commercial air conditioning, as well as building and home inspections for both existing and new construction. True Mechanical does full refrigeration, chiller boiler support and preventative maintenance on all major systems including American Standard, Carrier, Rheem and Trane.

Paul Hooker with Cushman & Wakefiedl | Picor represented the seller, Fabian Aparisi of Tallahasee, Florida. Mark Hays with Tierra Antigua represented the buyer in the transaction..

For more information, Hooker can be reached at 520.748.7100 and Hays should be contacted at 520.444.5401.

To learn more, see RED Comp #7867.

TUCSON, ARIZONA – Two Pizza Huts in Tucson sold for $1.85 million to a company from Houston, Texas that specializes in partnering with brands and operators to turnaround, transform, and transition quick service restaurants.

Pizza Hut of Arizona sold two of its restaurants, one at 1865 W Valencia Road and the other at 1502 West St. Mary’s Road in Tucson to Emerge! Properties AZ, LLC an affiliate of Emerge! (Kamal Singh, Founder).

Emerge looks for underperforming QSR units with potential. It develops operations, improves assets, upgrades management teams and partners with brands to enhance the guest and employees’ experience.

According to the company’s website, its portfolio includes 94 branches nationwide consisting of KFCs, Taco Bells, Sonic and Pizza Hut restaurants.

The founder of Emerge! has an interesting story to tell.

“In 2009 I began my journey in the restaurant business.  I gained approval as a franchisee of Lenny’s Sub shop and purchased my 1st unit, Singh explains. “After several other purchases and sales, I was given the opportunity to turnaround 7 challenged KFC-Taco Bell units in Louisiana.  I became so obsessed with the turnaround that I sold everything I had to focus on getting the formula right.”

“We became experts in the industry doing the dirty work many others won’t do.  But after 67 turnarounds, 94 transitions and so much experience gained, we discovered our true calling is in building, cultivating and sustaining growth.  We grow units through growing people.”

“Through the relentless commitment to excellence in operations, culture, results, assets and strong relationships, we found a formula for success with our brand partners and stakeholders.”

There were no brokers involved in the sale.

To learn more see RED Comps #7887 and #7888.