SCOTTSDALE, ARIZ. ‒ CivTech, a consulting engineering firm specializing in traffic engineering, transportation planning, and traffic design, has created a new capacity to provide its services to the Southern Arizona market by merging with Mathieu Engineering Corp to form the CivTech Tucson office.

Mathieu Engineering Corp. (MEC) was founded in 2003 and for 19 years has provided traffic engineering services to a long list of clients in Tucson and in Arizona. MEC has prepared traffic engineering reports across the state of Arizona from Flagstaff to Nogales and from Yuma to Cochise counties.

Mick Mathieu will be the Managing Director for the CivTech Tucson office.

“Mick is an expert in traffic engineering and will allow us to bring a new level of service and capacity to the Southern Arizona marketplace,” said Dawn Cartier, PE, PTOE, President and Principal of CivTech. “We were looking for someone that fit our existing culture and would enhance our current skill sets. Mick was the perfect fit.”

CivTech was founded in 2002 by Cartier. It is focused on providing affordable, creative design while delivering excellent customer service. CivTech’s focus is the continuation of quality and cost-effective designs tailored to each specific project for each client.

With a staff of 30, including PE’s and AICP’s dedicated to transportation projects, CivTech has the capability to provide innovative and unique solutions for a wide variety of projects.

Some of CivTech’s traffic engineering projects in Arizona include the Rivulon Traffic Impact Analysis, Gilbert; the Novus Traffic Impact Analysis, Tempe; the Paradise Valley Mall Shared Parking Analysis, Phoenix; and the SR 89A Crash Analysis and Safety Evaluation, Sedona.

Transportation planning projects include the Tempe Core Small Area Transportation; the Transit Development Plan, Casa Grande; Conceptual Pedestrian Bridge Location and Design, ASU and Tempe; the I-10/Tangerine Road Traffic Interchange Traffic Report and Area Transportation Model, Marana.

CivTech traffic design projects include the Tempe Streetcar traffic signals, street lighting, signing and striping; Mockingbird Lane and Lincoln Drive traffic engineering plans, Paradise Valley; and the Candy Lane Traffic Signal and Interconnect Plans, Cottonwood.

“I am extremely honored and happy to be joining the CivTech team. The more I spoke with Dawn Cartier about the possibility of having a CivTech Tucson office, the more I knew that this was the right move,” Mathieu said.

“The list of services that can be now be provided to my Tucson clients is impressive and will now create the opportunity for more progressive traffic solutions to the local Tucson community. The goal of the Tucson office is to grow the list of clients across Tucson and Southern Arizona,” Mathieu said.

PHOTO: Mick Mathieu and CivTech’s Dawn Cartier.

TUCSON, ARIZONA — Hughes Federal Credit Union purchased 79,072 square feet of industrial flex space at 3301 – 3321 E. Global Loop in Tucson. The property was purchased from Global Loop Tucson, LLC, Mercator Properties, LLC, and RSD MT Marathon, LLC c/o Dire Wolf Ventures of Anchorage, AK for $13,893,950 ($176 PSF).

The class A brand new interior build out has multiple bathroom cores, break areas, coffee stations, wellness rooms, and conference rooms of various sizes. Power up to 8,000 amps of electrical that is fully redundant, serviced by two separate substations. Generator existing fenced pad with conduit to the interior electrical room, new 300-ton water cooled chiller, and a clear height minimum of 22 feet. High density parking (8+ to 1,000 SF) is expandable.  The property is also located in an Opportunity Zone.

The transaction closed May 9, 2022. Hughes Federal Credit Union purchased the property for administrative back office support use for the credit union.

Hughes Federal Credit Union was formed in 1952 in Tucson to serve the financial needs of Hughes Aircraft Company (now Raytheon) employees and their families. In 1992, it merged with Arizona Transportation Credit Union, which served Union Pacific Railroad employees and more than 400 other select employee groups in Phoenix and Tucson. In 2001, the National Credit Union Administration approved Hughes Federal Credit Union to serve the underserved community in Tucson providing membership eligibility to anyone who lives, works, worships or attends school in Tucson. In 2020, it merged with APC Employees Federal Credit Union, which served Arizona Portland Cement and Cal Portland employees and their families in Arizona.

Today, Hughes Federal Credit Union serves more than 169,000 members and has more than $2 billion in assets.

Jesse Blum and Stephen D. Cohen, Principals and Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. Brian Harpel with Velocity Retail Group, Tucson, represented the buyer.

For more information, Blum can be reached at 520.546.2772, Cohen can be contacted at 520.546.2750 and Harpel should be reached at 520.721.7999.

To learn more, see RED Comp #9864.

YOUNGTOWN, Ariz. – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Youngtown House Apartments, a 64-unit multifamily property located in Youngtown, Arizona.

According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $10,000,000 ($156,250 per unit).

Richard Butler, senior vice president investments in Marcus & Millichap’s Phoenix office, had the exclusive listing to market the property on behalf of the seller, a private investor who purchased the property in 2019 for $4,100,000. This is the fourth time Butler has sold the property since 1998 when he sold it for the original developer who built the property in 1971.

“The seller decided to exit the multifamily market due to identifying a higher yielding, alternative product investment opportunity in central Phoenix,” said Butler.

The buyer, represented by Andrew Tate from Keller Williams Commercial Realty, also owns a 71-unit property in Youngtown that was purchased in 2021.

“The buyer plans to upgrade this C-grade property to include en-suite washers and dryers, new kitchens, bathrooms, doors, windows, exterior paint, roofs and landscape. They were able to secure a bridge loan for the acquisition and future improvements,” added Butler.

All units are studios and one-bedrooms with master-metered utilities and a chiller system. The property will be rebranded as South Edge Apartments.