TUCSON, ARIZONA -- Central Arizona Supply of Phoenix acquired Benjamin Plumbing Supply, Arizona’s longest-standing plumbing supply company with two Southern Arizona locations and more than 40 employees. Founded in 1950, Benjamin Supply will continue to operate its Tucson and Sierra Vista locations under the existing name.
Located within the iconic (circa 1918) Tucson Warehouse and Transfer Building complex, the company paid $5.6 million ($105 PSF) for the 53,491 square foot 4-story building at 440 North 7th Avenue in Tucson.
Benjamin Supply was started by Anton Benjamin, and then brothersMartyandSid Bermanbought the business in 1950. It was Marty’s wife Ruth and her son Mark Berman that transformed the company into the institution that it is today. Mark Berman was a significant, longtime supporter and booster of the Tucson community and University of Arizona. He passed away earlier this year.
“The Smith and Berman families have worked hand-in-hand for decades helping one another grow our respective companies through collaboration and resource sharing,” said Jeremy Smith, co-owner of Central Arizona Supply, a fourth-generation family business that he runs with his siblings Brandon and Andrea. “When the opportunity presented itself to acquire the business, to keep Benjamin an Arizona-owned family business and ensure the Berman family’s 72-year legacy in the community lives on. We see it as a passing of the torch. Together, we now cover the entire state - from Page in the north, Nogales in the south, Lake Havasu in the west and Window Rock in the east.”