TUCSON, Arizona — David D. Heaton, D.C. and Ida Drucilla Heaton of Tucson purchased the 4,080-square-foot building at 601 N. Craycroft Road in Tucson from United Cerebral Palsy of Southern Arizona (UCPSA) for $448,800 ($110 PSF).
Built in 1986 on an 18,900-square-foot lot, the property is located at the southeast corner of Craycroft and East 5th Street. The transaction closed on January 10, 2019.
Lori A. Casey of Oxford Realty Advisors represented the buyer and Richard M. Kleiner of Cushman & Wakefield | PICOR represented the seller in the transaction.
The property was purchased for the long-term practice of David Heaton D.C. This ever-growing chiropractic practice’s new name is “Arizona Chiropractic and Spine Rehabilitation.”
For more information, Casey can be contacted at 520.232.0200 while Kleiner should be reached at 520.748.7100.
To learn more, see RED Comp #6505.
SVN’s Downtown Experts sell land for $2.2M in the Roosevelt Row District
811 – 8117 N. 3rd St., Phoenix, AZ
Phoenix, Arizona – Senior advisors Justin Horwitz and Paul Borgesen III are no strangers to downtown Phoenix. Known for their sale records in the Central and Downtown Phoenix area, they once again procured a buyer for the property located only minutes from the Arizona Center and surrounded by several multifamily properties down 3rd street.
The land is located at 811- 817 N. 3rd St. and sold for $2,148,600 ($102 PSF). The 21,000-square-foot parcel sold to Jon Vento with True North. SVN procured True North as the buyer for a development site in the Roosevelt Row district of Downtown Phoenix. The property is located less than a half a mile from the Arizona State University Downtown campus. While True North has not disclosed specifics, there are discussions of a mixed-use concept. SVN represented the seller in the transactions as well. Seller Paul and Janet Bonn were able to dispose of their last property in the Phoenix area with no plans for further commercial real estate investment.
Justin Horwitz stated, “This was an absolutely fantastic sale for the Seller and we are extremely excited to have partnered yet again with True North.” The property was under contract under three months and sold for $102/PSF. “This development will be a great addition to the already booming Roosevelt Row,” said Paul Borgesen III. “We are excited to see this development activity to keep gaining momentum.”
Downtown Phoenix is one of the most growing areas in Phoenix at this time. “This area is literally changing by the week and we are so excited to a part of it all,” Horwitz stated. True North will continue their development surge into Downtown Phoenix. Additionally, the SVN advisors currently have several sale listings in the DT Phoenix market that will help boost the growth of the economic development in the Greater Phoenix area.
Terracon’s Tucson office presents $10,000 grant to UA College of Engineering
Those at the check presentation included (L to R) UA professor Kevin Lansey, Terracon’s Derek Koller, department head Dominic Boccelli, and PhD student Arash Nikvar Hassani.
TEMPE, ARIZ.– The Tucson office of engineering consulting firm Terracon presented a $10,000 check from its foundation to the University of Arizona College of Engineering.
It’s the second grant from the Terracon Foundation Board this month. It recently presented a $5,000 grant to the Southern Arizona Research, Science, and Engineering Foundation (SARSEF).
“The grant will be used to support graduate students studying Geotechnical and Civil Engineering Materials at UA,” said Derek Koller, Terracon’s Tucson Office Manager. “Specifically, the grant will go towards supplementing student research funding and to provide students with financial support.”
Terracon’s Tucson Office has a longstanding relationship with UA’s College of Engineering. Regional Manager Brent M. Borchers, P.E., has been an adjunct professor for the past 7 years and Terracon employees interact with the college through its involvement with the American Society of Civil Engineering (ASCE). Terracon Materials and Geotechnical Departments have employed several interns over the years.
“Our ability to award this grant to UA is a demonstration of our commitment to support such an important part of our community and the development of future engineers,” Koller said. “Terracon Foundation University Grants are competitive grants that allow employee-owners to advocate for the communities in which we work. We are to be a firm willing to invest in the future.”
The grant is the second the Terracon Foundation has awarded to UA in as many years. In 2017, Terracon provided a $5,000 grant for graduate students studying environmental health sciences at the College of Public Health.
“We are grateful for Terracon and the Foundation for their support,” said Dominic Boccelli, Department Head at, UA Civil and Architectural Engineering. “The grant funds will help to support our geotech graduate students and our future professional engineers.”
Terracon is an employee-owned consulting engineering firm with more than 4,000 employees providing environmental, facilities, geotechnical, and materials services from more than 140 offices with services available in all 50 states.
Terracon currently ranks 24th on the Engineering News-Record list of Top 500 Design Firms and is ranked No. 1 in Asbestos and Lead Abatement Design. To learn more about Terracon visit terracon.com/offices/tucson/
