TUCSON, ARIZONA – Houghton Town Center is a highly successful 60-acre community center located on Houghton Road north of I-10 and serving Rita Ranch, Vail and southeast Tucson.  Anchors include Walmart, Discount Tire, TJ Maxx, AutoZone, Petco, Brake Masters, Nationwide Vision, SuperCuts and Ross Dress For Less joined by numerous restaurants, retailers and service tenants including Northwest Emergency Center and Hughes Federal Credit Union.

Jaime Medress of Marcus & Millichap in Phoenix represented Houghton Developers’ affiliate, HTC Shops III LLC (Bill Kelley, manager) in the sale of a 9,075-square-foot retail pad at Houghton Town Center for $3.51 million ($387 PSF) at 9172 S Houghton Road, Tucson.

The buyer is an investor from San Diego, NWCD, LLC an affiliate of DePrima Ventures (Dave Karlman, director). The property was fully leased at time of sale with four tenants: Jersey Mike’s Subs, Realty Executives, Sunstreet Mortgage and Inverse Jiu Jitsu.

The buyer was represented by Bryce Karlman of CBRE San Diego / Northern Baja office.

In a separate transaction, Brenna Lacey and Jeramy Price of Volk Company represented Houghton Developers, LLC in the $925,000 ($15.42 PSF) sale of approximately 60,000-square-feet of land at 10206 & 10212 E Old Vail Road in the Houghton Town Center to Surf Thru, Inc. of Bakersfield, CA.

Surf Thru purchased the site for its fourth Car Wash in the metro Tucson region.

Craig Finfrock of Commercial Retail Advisors represented Surf Thru.

For additional information, Medress can be reached at 602.687.6700 and Karlman is at 858.546.2605. Lacey and Price should be contacted at 520.326.3200 and Finfrock is at 520.290.3200.

To learn more, see RED Comp #6431 and #6449.

ORO VALLEY, Arizona – Loredo, Texas-based, Avery Commercial Small C, LLC an affiliate of Laredo Horizons Development Corp. (Brian Moreno, COO) purchased a 7,725-square-foot multi-tenant retail building at 9630 N. Oracle Road in Oro Valley for $2.4 million ($311 PSF).

The property is a newly constructed multi-tenant retail building in El Corredor Commercial Center. Growler USA – America’s Microbrew Pub and Oro Valley Posh Nail Spa were tenants in the building at time of sale and the buyer plans to occupy the remainder for a Clear Vision Express store.

The building is adjacent to a Kneader’s with additional retail, restaurants and office space planned.

The seller, Boulder Oro Valley, LLC (Ross Rulney and Malcolm Berman, managers) are developing the seven acre El Corredor mixed-use project located at the northwest corner of Oracle Road and Linda Vista in Oro Valley.

Debbie Heslop, CCIM, of Volk Company represented the seller and Rob Tomlinson of Cushman & Wakefield | Picor represented the buyer.

For more information, Heslop can be contacted at 520.326.3200 and Tomlinson should be reached at 520.748.7100.

To learn more, see RED Comp #6442.

TUCSON, ARIZONA — O’Reilly Auto Enterprises, LLC purchased a 42,154-square-foot lot near the southeast corner of Ajo Way and Kinney Road.  The seller was SEC Ajo & Kinney LLC, an affiliate of Glenwood Development of Mesa.

The land sold for $750,000 ($17.79 PSF) and will be used to construct a 6,300-square-foot O’Reilly Auto Parts store.

Debbie Heslop, CCIM, of Volk Company represented the buyer in the transaction.

The planned O’Reilly Auto Parts will be adjacent to a multi-tenant building under construction in the new retail project being developed by Glenwood Development Company.  Tenants of that planned retail building include Domino’s Pizza, Dairy Queen and Cricket.  Kevin Volk of Volk Company is the leasing agent of this property.

For more information, Heslop and Volk can be reached at 520.326.3200.

To learn more, see RED Comp #6466.