TUCSON, ARIZONA -- Serenity Holdings III LLC, an affiliate of CODAC Health, Recovery & Wellness purchased 31,471-square-feet of office space at 4585 E. Speedway Blvd. in Tucson. The former Brown Mackie College Campus was acquired from Eugene Pamfiloff and Erena Pamfiloff for $3.65 million ($116 PSf)
CODAC is one of Arizona’s oldest and most respected community providers of specialty care for mental illness, addiction and trauma. What began as a grassroots drug abuse prevention program has grown into a multi-faceted organization that provides services across the entire spectrum of behavioral health care. Through a comprehensive range of outpatient and residential treatment services, CODAC helps children, youth, adults and families meet their mental health, substance abuse, trauma, and general wellness goals.
Kristine Welter- Hall, Senior Vice-President of Marketing and Business Development at CODAC said, “The property will house CODAC’s Administrative and Training Facility as well as an Outpatient Health & Wellness Center, with a full continuum of integrated primary care, psychiatric, therapy, consulting, peer-to-employment support and other wellness services.”
Expected to open by the end of the year, the new facility will consolidate CODAC’s current administrative offices at 1615 East Fort Lowell and Outpatient Services at 630 N Alvernon Way in Tucson.
Cushman & Wakefield | PICOR handled the transaction. Thomas J. Nieman, Principal, and Office Specialist represented the seller; Paul Hooker, Principal, and Industrial Specialist, represented the buyer.
For more information, Nieman should be reached at 520.546.2728 and Hooker is at 520.546.2704.
To learn more, see RED Comp #8692.