Optima Medical Group Buys Medical Building at La Naranja Medical Center in Tucson

TUCSON, AZ (September 17, 2024) – Optima Medical Group will occupy the medical building at 2171 W Orange Grove Road in La Naranja Medical Center in Tucson, having purchased it for $1.8 million ($357 PSF). The asset sold on August 19, 2024.

Optima Medical Group provides experienced general practitioners and a family medicine team specializing in primary care services to prevent and manage chronic diseases, common illnesses, and injuries.

It is located across from Northwest Medical Center in Northwest Tucson at the southwest corner of Orange Grove and La Cholla Blvd. It was built as a medical office, with a lobby, reception area, fully functional cath lab/operating areas, post/pre-op offices, break room, and utility room formerly occupied by Modern Vascular.

Near many amenities, including the Uptown redevelopment of the Foothills Mall.

Kyle Kilgore and Phil Skillings with NAI Horizon represented the seller, Fredriks Nursery Inc. and Orange Grove Tucson, LLC of Ripon, CA.

For more information, Kilgore can be reached at 520.235.0750 and Skillings is at 520.326.2200.

To learn more, subscribers should refer to RED Comp #11446.

 

 




Top 500 Engineering Firm Buys Tucson Industrial Building for $1.725M

Tucson, AZ (September 13, 2024) — CBRE’s Tim Healy represented ZNARF LLC, in selling an 11,443-square-foot industrial property formerly occupied by Action Imaging Group at 3970 South Evans Blvd., Tucson, Ariz.  Max Fisher of BRD Realty LLC represented the buyer, Ninyo & Moore Geotechnical and Environmental Sciences Consultants, the owner/user.

The asset sold for $1,725,000 ($150.75 PSF) on August 29, 2024.

Established in 1986 in San Diego, Ninyo & Moore is one of the largest engineering firms specializing in Geotechnical Engineering, Environmental Engineering, Materials Testing, and Inspection Services. Engineering News-Record (ENR) recognizes the firm as one of the Top 500 Design Firms in the United States. Ninyo & Moore has fully equipped and certified in-house testing laboratories that offer full-service field and laboratory services for geotechnical design and soil and materials testing projects.

Ninyo & Moore is a professional geotechnical and environmental sciences consulting firm providing services in geotechnical engineering, engineering geology, geophysics, hydrogeology, soil and materials testing, special inspection, soil and groundwater contamination assessment, site remediation, hazardous building materials, industrial hygiene, and occupational safety.

Its geotechnical, environmental, and materials testing specialists provide services to clients in the public and private sectors. With offices in California, Nevada, Arizona, Colorado, Texas, and Utah, our firm is fully committed to being responsive, cost-efficient, and thorough in meeting clients’ project needs and objectives.

The quality of Ninyo & Moore’s personnel base has become widely recognized. The firm employs 600 professionals, including registered geotechnical and civil engineers, geologists, hydrogeologists, engineering geologists, geophysicists, environmental scientists, industrial hygienists, field technicians, special deputy inspectors, and specialists in regulatory issues and interpretation, hazardous waste management, health and safety, and remedial action planning.

For more information, Ninyo & Moore Geotechnical and Environmental Science Consultants can be reached at 520.577.7600 in Tucson.

For information on the transaction, Healy can be reached at 520.323.5100, and Fisher should be contacted at 520.465.9989.

RED Comps subscribers can learn more details at RED Comp #11468.

 




Keurig Dr Pepper Buys Kalil’s Real Estate Assets in Tucson for $8.55 Million

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.