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CBRE Handles Industrial Building Sale in Tucson

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  • 2nd Quarter Sales
  • CBRE Handles Industrial Building Sale in Tucson
2nd Quarter Sales
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May 10, 2024
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Karen Schutte
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TUCSON, AZ (May 10, 2024) – California-based Hal Hays Construction, Inc. (HHCI) purchased the property at 5809 S Belvedere Ave. in Tucson for $1,050,000 ($169.35 PSF).

HHCI has long-standing roots in Arizona as a utility and gas construction contractor. One year prior, it opened its Tucson office at 2455 N Fairview Avenue, owned by the Pascua Yaqui Tribe, near the new casino at I-10 and Grant.

The Belvedere property was built in 2021. It is a 6,200-square-foot metal building with a fully fenced and gated yard and three grade-level doors. HHCI plans to owner-occupy it.

The transaction closed on April 26, 2024.

Tim Healy with CBRE in Tucson represented the seller, 5809 South Belvedere, LLC, an Auto House of Tempe affiliate that occupied the property as an owner-occupant prior to the sale.

Jackson Kraft with CBRE in Tucson represented the buyer in the transaction.

For more information, Healy can be reached at 520.323.5119, and Kraft is at 520.323.5124.

To learn more, subscribers should see RED Comp #11266.

 

 

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