Holbrook Asphalt Buys Land at Breakers 40 Industrial Park, Marana

MARANA, ARIZONA (May 18, 2023) – Three land parcels (lots 6, 7, & 8) were recently sold at Breakers 40 Industrial Park. 8125, 8145, and 8165 W Breakers Way in Marana sold for $705,000 ($5.37 PSF / $235,000 per lot) for 3 acres of vacant land.

The buyer, HDMB Holdings, LLC, dba Holbrook Asphalt, an asphalt company doing DOT and Town of Marana and other area municipalities’ asphalt repairs, plans to occupy one of the lots as a contractor’s yard on lot 8 for their asphalt tanks and trucks and may eventually build a warehouse building.

Plans are to retain for investment the other two (#6 and 7) lots. The transaction closed on May 5, 2023.

The company specializes in HA5 road preservation. HA5 is a fast-growing trend in pavement preservation using a high-density mineral bond for roadway preservation. HA5 was developed to meet the demand for effective asphalt preservation on residential roadways without the adverse side effects of chip seals or slurry seals. Specifically engineered to preserve the native asphalt binder, HA5 is exceptional at preventing oxidative damage. As a result, streets last longer and cost less to own.

Meeting the stringent demands of a High-Density Mineral Bond, HA5 is uniquely emulsified with a near-neutral charge that can hold a unique blend of fine aggregates. As a result, limiting oxidative damage from moisture is fundamental to HA5’s preservation qualities. But just as critical to preventing oxidative damage from water is preventing oxidative damage from Ultraviolet (UV) radiation. HA5 combats oxidation from UV by including limited amounts of specific polymers to reflect damaging UV rays.

HA5 features include:

• A specialized, non-ionic emulsion specifically engineered to carry mineral types incompatible with anionic and cationic emulsions.
• A blend of ultra-dense, angular-shaped fine aggregates formerly unavailable in thin surface treatment.
• A combination of specific polymers that combat oxidation by deflecting Ultra-Violet Rays.

Batoun Herrington, CCIM, CPM, of Branel Real Estate Company in Tucson, represented the buyer. The seller, MC Tangerine Property, LLC of Tucson, was represented by Tim Healy of CBRE in Tucson.

For more information, Harrington can be contacted at 520.524.5248, and Healy is at 520.323.5119.

To learn more, see RED Comp #10662.