TUCSON, Arizona — After more than a year of planning, development, and construction, Caylor Design and Construction has completed the refurbishment of the Holidome Hotel into Gospel Rescue Mission’s new men’s shelter, the H.S. Lopez’s Family Foundation Center of Opportunity.

The complete renovation and remodeling of the 45,000-square-foot main building of this iconic hotel and conference center enables Gospel Rescue Mission to greatly enhance and expand the homeless shelter and recovery services they will now be able to provide.

Caylor provided the leadership team that, along with Gospel Rescue Mission volunteers, successfully coordinated and facilitated the transformation of the old hotel into a modern facility that includes shelter beds, classroom, workforce development, and office space, a chapel, medical and dental clinics, dining rooms, a full kitchen (capable of preparing 3,000 meals daily), and a 150-seat multi-media theater perfect for chapel services and classes.

This new facility, the first of its kind in the country, has been called “amazing” by staff and volunteers alike. It will allow Gospel Rescue Mission to greatly expand their current capacity, dramatically increasing the number of individuals they can help with vital human services ranging from shelter housing to workforce development and assistance in accessing government assistance.

Eventually, there will be even more buildings on the property.

There is an open house on Saturday from 11 a.m. to 2 p.m. Anyone is welcome to walk through and see the facility before everyone moves in.

The address of the facility is 4550 S. Palo Verde Road.

Phoenix, Arizona — Velocity Retail Group Investment Division completed the $5,700,000 NNN investment sale of a 25,000-square-foot Goodwill of Central Arizona store at the Heritage Square shopping center in Queen Creek.  The shopping center is located at the southeast corner of Rittenhouse Road and Ellsworth Road in Queen Creek.

The project is a joint venture between Wadsworth Development Group and Accelerated Development Services who purchased the 14.5 acre site at the end of 2015 and developed the center over the last three years.  Other tenants in the center include, Wendy’s, Wienerschnitzel, Palette Collective, Salad and Go, Bridgestone Firestone and Sodalicious.

Velocity Retail Group’s Dave Cheatham, Darren Pitts, and Eli Castronova, represented the Seller in the transaction (JKG, LLC), the single-purpose entity of Wadsworth Development Group and Accelerated Development Services.  The Buyer, Santiago Villa was represented in the transaction by Patrick Stafford of Mahoney & Associates from Monterey, California.

The Goodwill is located on a 2.85 acre parcel within the shopping center and opened in January of 2017.  This is one of two other recent NNN investment sales completed in the project by the Investment team at Velocity Retail Group.  “The property is in the heart of the retail core for Queen Creek.  Goodwill is a quality tenant that will provide a good income stream to the buyers for years to come,” said Castronova.

Wadsworth Development Group is a vertically integrated regional real estate firm with its headquarters in Draper, Utah. It provides development, management, and brokerage services throughout the intermountain West for a wide range of clients and partners. Its Arizona office is in Scottsdale. https://www.wadsdev.com/

Tucson, AZ – BFL Construction Co., Inc. promoted Isaac Figueroa to Chief Commercial Officer.

Figueroa will be responsible for spearheading BFL’s commercial strategy, business development and marketing efforts along with managing client, community and government relations.

This new role is in addition to his current position as Director of Real Estate Development for BFL Ventures, the investment and development arm of BFL Construction. In his director role, Figueroa was instrumental in leading BFL’s endeavors in the investment and development arena and will continue to do so along with his new position and responsibilities.

Figueroa holds a bachelor’s degree from University of Arizona and a professional certificate in commercial real estate finance and development from Cornell University.

BFL Construction is a full-service commercial construction firm offering construction and design/build services for all product types including industrial, office and multi-family with an expertise in mid- and high-rise construction. For more information, contact Isaac Figueroa at (520) 882-4800.