Showit expands, relocates headquarters to The Jonathan in downtown Chandler, Arizona

The JonathanJLL lease adds creative technology company to The Johnathan tenant roster

PHOENIX, Ariz. (October 6, 2025) – The Phoenix office of JLL has signed a 30,257-square-foot lease that relocates and expands the corporate headquarters of technology company Showit to The Jonathan in downtown Chandler, Arizona.

Founded in Santa Barbara, California, in 2006, Showit focuses on providing a no-code website-building platform for creative entrepreneurs and website designers. With its new lease, the company joins the tenant roster at The Johnathan, a 107,510-square-foot, Class A creative office building located at 55 N. Arizona Place, in the heart of downtown Chandler.

JLL Vice President Kyle Seeger, Senior Managing Director Ryan Bartos, and Executive Vice President Jami Savage-Gray represented Showit in its lease negotiations. JLL Senior Vice President Brett Thompson represented the building owner, Asana Partners.

“The Johnathan puts us in the center of a vibrant and walkable downtown, within a recently reimagined building that truly reflects who we are – innovative, collaborative, and energized,” said Showit CEO and Founder Todd Watson. “We’re excited to begin our company’s next chapter in a setting that elevates our culture, attracts talent, and inspires innovation.”

Extensively renovated in 2021, The Johnathan and sister building The Alexander offer shared tenant amenities including two training rooms, a tenant lounge, video greenroom, mother’s room, billiards room, library, and on-site Kaleidoscope Juice café. It also features a fitness center with a yoga studio and meditation room, as well as outdoor spaces that include a garden area, dog patio, and a gaming area with bocce ball.

The building is served by an adjacent parking garage and is surrounded by a highly walkable downtown area with expansive retail, dining, and residential development.

“The Johnathan is uniquely qualified to support Showit’s focus on creativity and technology,” said Seeger. “It is premiere office space in a submarket with decreasing vacancies and limited new supply, and a growing list of tech and innovation companies that are choosing Chandler as home.”

The Johnathan is minutes from the Loop 202 freeway, linking the property to a deep local labor pool, expansive residential housing and both Sky Harbor and Mesa Gateway airports.

Showit is expected to move into its new offices in February 2026.

 




Historic Arizona Inn Sold to Tucson Investor Group for $21.125 Million

Arizona Inn

TUCSON, AZ (October 6, 2025) – After nearly a century of continuous family ownership, the historic Arizona Inn has been sold to a Tucson-based investor group that includes NBA coach Steve Kerr. The transaction closed at $21,125,000, equating to approximately $227,153 per room and $240 per square foot.

The 14-acre Spanish Colonial resort at 2200 E. Elm Street was founded in 1930 by Isabella Greenway, Arizona’s first congresswoman, and has been a beloved Midtown landmark ever since. The Inn offers 93 guest rooms, including 89 casita-style suites, across 87,991 square feet of building area, along with extensive grounds and amenities.

In March 2025, JLL’s Hotels & Hospitality Group announced it had been retained to market the property. JLL Senior Director Matt Riley highlighted the Inn’s historical significance and prime location near the University of Arizona, Banner University Medical Center, and downtown Tucson. Offered unencumbered by management or brand agreements, the Inn represented a rare opportunity for new stewardship of a Tucson treasure.

The Inn had remained in the Greenway family for 95 years, most recently under the care of Patty Doarr and Will Conroy. Upon the sale, they stated:

“Our family is grateful that such a strong, knowledgeable and motivated group has come together to carry on and revitalize the traditions of warmth and hospitality at the Arizona Inn. We’re especially heartened by the group’s longtime Tucson ties and sincere affection for the hotel.”

The purchasing group, Arizona Inn Group, LLC, includes Greg and Marla Amado, Steve and Margot Kerr, Phil and Mimi Amos, Kirk Saunders, Ann Peterson, Jim and Kerrin Berwick, and Brian and Shamra Strange. They describe themselves not as owners, but as custodians:

“The Arizona Inn doesn’t need reinvention – it deserves devotion. Our role is to preserve what makes it authentic while enhancing it for generations to come,” said the owners in a published interview recently.

Brian Strange, an experienced boutique hotel owner and operator, will lead renovations and operations through S Hotel Properties.

Ownership has committed to a 24-month capital improvement program, including:

  • Refreshed guest rooms preserving Spanish Colonial elegance.
  • Reopening of the historic bar as Bar 1933.
  • Creation of a new spa in the Greenway House.
  • A revitalized pool area with striped cabanas, bar carts, and light fare.
  • An updated dining program that maintains beloved classics while introducing contemporary dishes.

For nearly a century, the Arizona Inn has been a setting for weddings, milestones, and civic traditions. Among its most iconic events is the annual Silver & Turquoise Ball. Two new owners, Marla Amado and Mimi Amos, serve on the Ball’s Board of Hostesses, ensuring continuity of this Tucson tradition.

The sale of the Arizona Inn marks one of Tucson’s most notable hospitality transactions of the decade, transferring stewardship of an irreplaceable resort to a group of local investors committed to honoring its legacy while shaping its future.

Source: RED Comp #12126




HSL Properties Grows Multifamily Holdings with 204-Unit Vintage Apartments Deal

Vintage Apartments

TUCSON, AZ (October 3, 2025) — HSL Properties has expanded its Tucson multifamily portfolio with the purchase of The Vintage Apartments, a 204-unit community at 8225 E. Speedway Blvd., near Pantano, for $24.45 million, according to public records. The acquisition price reflects $119,852 per unit and $193.64 per square foot on the property’s 126,268 rentable square feet.

The seller was RP WR8255 LLC, an investment entity managed by Core Woodridge JV LLC, tied to Phoenix-based institutional investors. The buyer of record was HSL East Speedway Apartments Delaware LLC, an affiliate of Tucson-based HSL Properties.

Built in 1981, The Vintage’s unit mix of one- and two-bedroom floor plans features a private patio or balcony, window coverings, and extra storage space. Community amenities include a newly renovated swimming pool and spa, laundry facility, package lockers, and a 24-hour fitness center.

The property is situated along Speedway Boulevard, a major east-west corridor, offering residents direct access to the University of Arizona to the west and Saguaro National Park to the east. Additional recreational destinations, such as The Loop, Sabino Canyon, and the Tucson Botanical Gardens, are also nearby. The Williams Center and the Park Place Mall are within proximity.

The transaction was marketed by Marcus & Millichap’s Institutional Property Advisors team in Tucson. Clint Wadlund (520.349.0621) and Hamid Panahi (520.719.6511) are both based in Tucson.

“The Vintage is located in Tucson metro’s east submarket with proximity to numerous employment generators and recreational attractions,” said Clint Wadlund, IPA managing director investments. “Previous ownership enhanced the community’s common areas and established a renovation program positioned for continuation under new ownership,” said Hamid Panahi, IPA senior managing director investments.

Wadlund, Panahi, and IPA’s Steve Gebing and Cliff David represented the seller and procured the buyer.

HSL Properties, headquartered in Tucson, is one of Arizona’s largest privately held apartment owners and operators, with a portfolio spanning thousands of multifamily units across the state.

Source: RED Comp #12094.