Pasadera Behavioral Health Network purchased the campus of Arizona’s Children Association at 2700 and 2820 S. 8th Ave. in South Tucson for $2,025,000 ($34 PSF). The property consists of nine buildings with residential, clinical, academic and administrative facilities. Pasadera will consolidate numerous programs at the site. See RED Comp #2372 for more information.
Tom Knox, SIOR, Office Specialist with Cushman & Wakefield | PICOR, and Bob Kaplan with Marcus & Millichap in Denver, represented the buyer in this transaction.
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Pacific Southwest District of the Wesleyan Church (Christian Faith Fellowship) purchased a 21,806-square-foot church area at 1900 N. Country Club Rd. in Tucson from Catalina Baptist Church for $1,700,000 ($78 PSF). The acquisition of the Country Club property will provide the additional space necessary for the continued growth of Christian Faith Fellowship. Catalina Baptist Church had already expanded into their new location at 480 E. Ina Rd., also brokered by Tomlinson, in 2012. See RED Comp #2356 for more information.
Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the seller and Jon Ash with CBRE, represented the buyer in the transaction.
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Desert Hope Lutheran Church purchased an 8,000-square-foot building at 7474 E. Speedway in Tucson from TM Building Damage Restoration, Inc. for $750,000 ($94 PSF). The new location will accommodate the continued growth of Desert Hope Lutheran. The property is conveniently located on the eastside. The building sits on +/-4.7 acres of land, offering additional growth opportunities and excess space for recreation and fellowship. See RED Comp #2399 for more information.
Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer and Terry Lavery, CCIM, and Mike Gross with Tucson Realty & Trust Co., represented the seller in this transaction.
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Iglesia De Cristo purchased a 6,000-square-feet church area at 333, 345, 359 E. Roger Rd. in Tucson from Greater Tucson Casas Adobes Post 10188 Veterans of Foreign Wars for $473,000 (79 PSF). See RED Comp #2350 for more information.
Rob Tomlinson, Retail Specialist with Cushman & Wakefield | PICOR, represented the buyer in the transaction and Bob Baker of Sonoran Ventures, represented the sellers.
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To learn more about these transactions, Knox should be called at 520.546.2701, Kaplan can be reached at 520.271.2304. Call Ash at 520.323.5177 and Lavery and Gross can be contacted at 520.577.7000. Baker is at 520.320.9990 and Tomlinson should be called at (520) 546-2757.
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[mepr-show rules="58038"] Arizona's Children Association, 2700 & 2820 S 8th Ave, Tucson closed 12/24/2014 at $2,025,000 all cash transaction, APNs: 119-02-051, 052, 129A, 053-068.
1900 N Country Club Church, closed: 12/19/2014 at $1.7 million, zero down. APNs: 122-15-312A, 320, & 324Q.
333-359 E Roger Rd, Tucson, AZ closed 12/22/2014 at $473,000, all cash. APN: 105-13-030A.
7474 E Speedway, Tucson, AZ closed 1/7/2014 at $750,000. Private financing zero down. APN: 133-23-099L
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