GREEN VALLEY, AZ (January 10, 2025) — A 2.55-acre parcel of CB-2 land at 3140 S. Prosperous Place in Green Valley sold for $465,000 ($4.18 PSF)

 The Florida buyers bought the 40-bed assisted living facility across the street in 2023. They will use the land for extra parking now and plan to expand it into a 40-bed behavioral health residential facility, in the future.

Gordon Wagner of NAI Horizon represented the seller, The Retreat at Santa Rita Springs (Mike Naifeh, manager).

The buyer, KLM Holdings (Kembra Marshall, manager) was represented by Mark Biery, CCIM, a specialist in Senior Housing with ‎Berkshire Hathaway Commercial Real Estate.

For more information, Wagner can be reached at 520 398 5130, and Biery is at 520.235.2531.

TUCSON, AZ (January 7, 2025) – Escalante Concrete purchased an approximately 20,000-square-foot concrete tilt office building on 3 acres from 1455 River Rd LLC for $3,850,000 ($193.55 PSF).

For more than 35 years, Escalante Concrete Construction has provided outstanding service, workmanship, and the highest-quality placement of residential and commercial concrete in Southern Arizona. With professional planning and execution, it focuses on serving its clients’ priorities. It understands what clients want: the foundation of their projects done right the first time.

Constructed in 2000, the building was vacant at the time of sale and had previously been leased to ITT Technical Institute and Mural Consulting.

Greg Furrier, with Cushman & Wakefield | PICOR represented the seller, an affiliate of 4-D Properties, and Max Fisher, BRD Realty, represented the buyer.

For more information, Furrier can be reached at 520.909.6111, and Fisher is at 520.465.9989.

Subscribers can find more details at RED Comp #11644.

TUCSON, ARIZONA (December 24,2024) — Lennar Arizona, (Ginger Kneup, Lennar Land Acquisition Manager-Tucson Division) added to its position in the Rocking K master-planned community in Vail. The 33 SFR lots were 45’ X 120’ and located in Rocking K South Neighborhood BB.  The builder recently paid $4,564,890 ($138,330/lot) for the second takedown for 121 homesites, including 3 model lots, under the Millrose Properties Arizona, LLC entity.

Read about the initial takedown in September here: https://realestatedaily-news.com/lennar-continues-tucson-acquisition-surge-adds-new-finished-lots-from-forestar-at-rocking-k-mpc/

Mattamy Tucson, LLC (Briana Rader, Director of Land Acquisition-Tucson) closed on 73 finished lots at Blackhawk at the SWC of Wilmot and Interstate 10. The lots were 40’X110’. The builder paid $7,300,000 ($100,000/lot).

Forestar (USA) Real Estate Group Inc. sold the lots in both transactions. Forestar continues to be extremely active in the Tucson market.

To learn more, subscribers can refer to RED Comp #11658.

Will White and John Carroll of Land Advisors Organization in Tucson handled both transactions. For more information on these transactions, White and Carroll should be reached at 520.514.7454.