TUCSON, AZ (September 12, 2024) — The American Bottling Company dba Keurig Dr Pepper (NASDAQ: KDP) announced earlier this year an agreement to acquire all production, sales, and distribution assets of independent bottler Kalil Bottling Co. (Kalil).  The Tucson real estate transferred for $8.55 million ($52.83 PSF) for seven buildings totaling 161,835 square feet and 7.71 acres at 931 S Highland Ave. and 1201-1262 E 19th Street in Tucson.

With the agreement, KDP’s Company-owned direct-store delivery (DSD) operations gain new bottling and distribution rights in Arizona to key KDP brands, including Canada Dry, 7UP, A&W, Snapple, and Core Hydration. These brands will service 7.4 million consumers and approximately 4,500 retail outlets.

Keurig Dr Pepper is a leading beverage company in North America. With a portfolio of more than 125 owned, licensed, and partnered brands and powerful distribution capabilities, it provides a beverage for every need, anytime, anywhere.

With the close of this transaction, KDP will operate the production facility in Tucson and sales and distribution centers in Tucson and Tempe. KDP expects to add approximately 425 employees to support these new state-wide operations and will work with Kalil to actively recruit from its existing talent base.

“This exciting acquisition strengthens our unique national DSD capabilities and creates opportunities for enhanced scale and brand building in a fast-growing region for beverages,” said Tim Cofer, Chief Executive Officer at KDP. “Amplifying our route to market advantage is a key investment priority for KDP, and this strategic move will extend our system’s reach while providing us more direct insight into the local consumer base and stronger retail collaboration.”

Commenting on the announcement, John Kalil, President, Kalil Bottling Co. stated: “The Kalil family has been in Arizona since before statehood, and Kalil Bottling Co. has been around for seventy-six of those years. We thank Arizona for allowing us to serve you. We are transferring Kalil Bottling Co.’s business to Keurig Dr Pepper. When you pair the Kalil’s Family legacy with KDP’s national footprint, the future looks bright.”

“Kalil has been an amazing independent bottling partner to KDP for decades, and we look forward to continuing Kalil’s commitment to service excellence for our Arizona customers and consumers,” said Andrew Archambault, President, U.S. Refreshment Beverages at KDP. “As we continue to optimize the best possible route to market throughout the U.S. for our portfolio of leading brands, we are thrilled about adding the first KDP-owned manufacturing, sales and distribution operation in the state.”

The full terms of the agreement were not disclosed.

To learn more, subscribers can see RED Comp #11438.

TUCSON, AZ (September 12, 2024) – Cushman & Wakefield | PICOR announced the purchase by Sports Empire Ventures, LLC of a 2,380-square-foot retail building on 1.43 acres of land at 5943 E. Speedway Blvd for $1.25 million ($525 PSF). Facilitated by C&W | PICOR’s Dave Hammack (Retail Specialist) and Steve Cohen (Industrial Specialist), representing the seller, and Jose Dabdoub (Industrial Specialist), representing the buyer, this deal brings a new sports venue to Tucson.

This former veterinary clinic is being transformed into Padel Alley, featuring eight padel courts, four pickleball courts, a terrace bar, and a pro shop. It will provide a variety of academies, clinics, tournaments, and more. Padel is a racket sport that combines elements of tennis and squash and is always played in doubles on an enclosed court. This space is perfect for the growing trend of competitive socializing, which has surged by 386% since 2021.

As consumers increasingly prioritize experiences over products, venues like Padel Alley are ideal for mixed-use districts that offer engaging amenities, unique tenants, and fun meeting places for all, benefiting landlords, tenants, and consumers alike.

The location of Padel Alley is particularly beneficial; situated at the intersection of Speedway and Wilmot, it benefits from high traffic counts—Speedway Blvd alone sees 40,000 vehicles per day—and a demographic population of over 115,000 residents within a three-mile radius.

Follow Padel Alley on Instagram (@Padel.Alley) to stay updated on their grand opening, and get ready to get your game on!

To learn more about the sale, subscribers can go to RED Comp #11434.

MARANA, AZ (September 11, 2024) — Mattamy Homes, the largest privately owned homebuilder in North America, has announced the purchase of 22 acres of land for the creation of a new community, to be known as Tavira at Twin Peaks, in Marana, AZ. The land, located near the intersection of Twin Peaks Road and Camino De Mañana, was acquired by the company’s Tucson Division for a purchase price of $1.485 million. The deal closed on September 5, 2024.

The new community will feature 45 homes on 60′ x 134′ lots, and homebuyers can select from five spacious single-story floorplans.

“We are excited to introduce Tavira at Twin Peaks to the Marana community,” said Anjela Salyer, President of Mattamy Homes’ Tucson Division. “This new community offers the perfect blend of convenience and natural beauty, with stunning views of the Catalina and Tortolita Mountains. As always, we strive to provide our homeowners with exceptional living experiences, and we are confident that Tavira will surpass their expectations.”

One of the main highlights of Tavira is its gated community feature, which provides a sense of exclusivity for residents. In addition, the community will offer a variety of amenities, including a sunset viewing and garden area, a pocket park with a ramada and playground, and a community trailway system. The property is also directly connected to the Camino De Mañana and Twin Peaks Road multi-use paths, leading to an 8-mile paved pathway along Tangerine Road, perfect for walkers, runners, and cyclists.

The Tortolita Preserve Trailhead is also easily accessible, only 3.5 miles northwest of the property, with the 8-mile Tortolita Preserve Loop Trail located just 2.9 miles away. Those who prefer more recreational activities can look forward to the upcoming improvements at Tangerine Sky Park, which is 2.5 miles from the community. The park is set to offer dog parks, playgrounds, trailways, and court space, as well as a splash pad. The Tortolita Mountain Park, with its 40-mile trail system, is a short 12-minute drive away.

Tavira is strategically located with easy access to major transportation corridors, making it ideal for families and individuals looking for a convenient place to call home. With grocery stores, retail shops, and a variety of restaurant options just minutes away from the property, residents can enjoy the best of both worlds—a tranquil and serene community while still having all the necessary amenities within reach.

Groundbreaking is anticipated to start later in September, with sales expected to open in the Summer of 2025.

Visit www.mattamyhomes.com for more information.