Phoenix, Ariz. – ABI Multifamily has announced the $8 million / $90,909 per unit / $74.23 PSF sale of INDI Tucson in Tucson, Arizona.

INDI Tucson is an 88-unit / 232-bed garden-style student apartment community located six blocks from the University of Arizona’s main campus at 1920 N 1st Ave in Tucson. Built in 1972, 43 units were extensively renovated in 2018.

“INDI Tucson represented a truly unique market opportunity,” said ABI Multifamily Senior Managing Partner Rue Bax. “It’s orientation as student-focused housing and proximity to the University of Arizona main campus made it an inherently appealing property, and the Seller’s investment in extensively renovating 43 of the units demonstrated the potential for the Buyer to realize additional rent premiums by continuing the process.”

ABI Multifamily’s Rue Bax, Desiree Palmer, John Kobierowski, Alon Shnitzer, Eddie Chang and Doug Lazovick represented the Seller.

The Seller is an Arizona-based private equity real estate investor. The Buyer is a private California-based commercial real estate investment, management and advisory firm.

Scottsdale, AZ — Kent Circle Partners (Scott Seldin, president and Kevin Miller, senior vice president, acquisitions and development) completes sale of a 99-acre parcel (KCI Goodyear South LLC) located on the NWC corner of Bullard Avenue and Yuma Road, in Goodyear, AZ., for $19.16 million. ($4.44 PSF).

The buyer, Compass datacenters of Dallas, TX., is planning to build a new data center campus on the property. The parcel is the last one located within Centerpoint at Goodyear, an approximately 200-acre master planned business park. In June 2018, KCI Goodyear South LLC sold .75-acres to Arizona Public Service Co. to provide the ability to expand a future substation on Bullard Avenue servicing the robust data center growth in the area.

Tony Lydon and Marc Hertzberg of Jones Lang La Salle Incorporated (JLL) represented both buyer and seller in this transaction with Compass datacenters. 

In December 2011, recognizing the area’s access to I-10, Loop 303 and Goodyear Airport, a Seldin entity purchased two 100-acre parcels which were combined to form Centerpoint at Goodyear. KCI Goodyear South LLC is located on the NWC corner of Bullard Avenue and Yuma Road, and KCI Goodyear North LLC is on the SEC corner of Bullard Avenue and Van Buren Street. The KCI Goodyear North LLC parcel was sold in three separate transactions. In February 2015, 8-acres were sold to the City of Goodyear, in September 2018, 43-acres were sold to DBM Ventures of Phoenix, AZ., and in December 2018, the remaining 49-acre parcel was sold to Peak Realty Investments, LLC (Vantage Data Centers) of Santa Clara, CA.

Fun in the sun, swimming lessons and County swim team options offered

PIMA County — Grab your towel and sunscreen and head to one of Pima County’s nine public swimming pools. All pools open Memorial Day weekend (Saturday, May 25 and will remain open until local school districts resume. Four pools (Wade McLean, the Northwest YMCA, Manzanita and Ajo) will be open through Labor Day, Sept. 2.

In addition to offering a cool respite for Pima County residents, the pools also offer swimming lessons for children as young as six months, a Novice Summer Swim Team Pro

Grab your towel and sunscreen and head to one of Pima County’s nine public swimming pools. All pools open Memorial Day weekend (Saturday, May 25 and will remain open until local school districts resume. Four pools (Wade McLean, the Northwest YMCA, Manzanita and Ajo) will be open through Labor Day, Sept. 2.

In addition to offering a cool respite for Pima County residents, the pools also offer swimming lessons for children as young as six months, a Novice Summer Swim Team Program for children ages 5 to 18, and a Junior Lifeguard Program for children ages 11 to 15.

Swimming lessons are provided in two-week sessions of eight classes, with the first session beginning Monday, June 3. Lessons are $20 per session and registration is now online at www.pima.gov/pools. Online registration for swim lessons opened May 14.

Novice Summer Swim Team is offered at all Pima County pools except for the Picture Rocks pool. The fee is $20 for the whole summer, including all practices and meets. Registration for the Novice Summer Swim Team is open and available online at www.pima.gov/swimteam. Registration continues until June 7, or until the team at a specific pool reaches capacity.

The first swim practice is May 28. Swim meets are on Saturday mornings or nights during June and July. Meets will continue through the Championship meet on July 20.

The Junior Lifeguard Program is designed to prepare tweens and teens between the ages of 11and 15 to become future lifeguards. This program does not certify participants in first aid, CPR or AED (automated external defibrillation), nor certify as a lifeguard, but will introduce the participants to skills needed for entry to the Lifeguarding course.

The program runs from June 3-27, at different times, depending on the pool where the student completes training. The fee is $30 for the entire program and includes a Pima County Junior Lifeguard T-shirt for participants who successfully complete the program. Registration is currently open and can be completed online at www.pima.gov/pools.

The schedule for swimming lessons, information on pool admission fees, pool hours, locations and phone numbers, as well as information on the Junior Lifeguard program, can be found at www.pima.gov/pools. For additional swim team information, call 520-724-5189 or visit www.pima.gov/swimteam.

For more aquatic information, please contact Grant Bourguet at 520-724-5189 or email [email protected].