MedImpact Buys Independence Plaza for Expansion at Williams Centre for $2.9 Million

TUCSON, ARIZONA — Independence Plaza, situated in the William’s Centre, a master planned office, retail and apartment development at 350 South Williams Blvd in Tucson sold for $2.925 million ($131 PSF) by MedImpact Healthcare Systems of San Diego for expansion.

Located in the heart of Tucson’s dynamic East Central Office Submarket area. Williams Centre is recognized as Tucson’s premier office development at the southwest corner of Broadway Blvd. and Craycroft Road. The 22,276-square-foot, two-story office building was developed in 2000 for either single or multi-tenant uses. The building allows an owner-user to occupy the entire building. There were three  tenants in the building on month-to-month leases that were relocated prior to MedImpact closing to occupy the whole building.

Buzz Isaacson of Buzz Isaacson Realty represented the buyer.

“MedImpact will be a single occupant planning to consolidate with its subsidiary Scripps Safe, already in Tucson,” said Isaacson. “To build out the redactive space into a modern office use intended to attract employees is precisely what the building needs. MedImpact will make a great addition to Williams Centre near Texas Instruments and other technology companies.”

The seller, Vantage West Credit Union, was represented by Mark and Janine Irvin, CCIMs, of Mark Irvin Real Estate Services in Tucson.

For additional information, the Irvins should be reached at 520.620.1833 and Isaacson can be contacted at 520.529.1300.

To learn more, see RED Comp #6557.