Aircraft parts supplier upgrades expands into Tempe, Arizona industrial building

Tempe, Ariz. – (July 31, 2024) – Citywide Commercial is pleased to announce that it has successfully facilitated the acquisition of a prime 112,300-square-foot industrial property located at 1345 S. 52nd St. in Tempe, Arizona.

The building was purchased by Setna iO/Setnix for $27,500,000, marking a significant local expansion for the global organizations, which specialize in aftermarket aircraft parts supply and high-tech airplane parts machining and repair.

The newly renovated facility features a 32’ clear ceiling height, three dock-high and 10 drive-in doors, 4,000 amps of power, full building air conditioning and modern office spaces, all of which will support the company’s rapid growth. Situated on a 9.17-acre site, the property offers 494 parking spaces.

“This new property allows Setna iO and Setnix to significantly expand their local repair and distribution capabilities, and continue their ongoing growth and commitment to innovation. The metro Phoenix aerospace market has experienced a tremendous boom, making Tempe a perfect market for these two companies to continue to thrive,” said Todd Hamilton, SIOR, CCIM, Managing Partner of Citywide Commercial.

Hamilton and Denise Stein Chaimovitz, SIOR, MA, with Entre Commercial Realty LLC, represented the buyers, Setna iO and Setnix, in this transaction. The acquisition underscores Citywide Commercial’s dedication to providing tailored real estate solutions to meet its clients’ evolving needs.

Mike Haenel, Andy Markham, and Phil Haenel of Cushman & Wakefield represented the property seller, LBA Logistics.

The new Setna iO/Setnix building is near the confluence of Interstate 10 and US 60. Seven major freeways or expressways are located within 10 minutes of the property, and Phoenix Sky Harbor International Airport is five minutes away.

TUCSON, AZ (July 31, 2024) – The Southern Arizona CCIM Chapter is pleased to announce its upcoming luncheon on August 13th, featuring esteemed guest speakers Chris Poirier, AICP, Pima County Planning Official, and Koren Manning, Deputy Director for the City of Tucson Planning and Development Services Department. Both speakers will provide updates and insights on the Transit Oriented Development initiative.

Chris Poirier brings over 25 years of dedicated service in the Pima County Development Services Department. With a rich background rooted in Tucson, Chris and his team have significantly contributed to community enhancements through strategic code and policy revisions to reduce housing barriers. At the luncheon, Chris will share valuable updates and insights into the recently enacted Transit Oriented Development initiative, providing attendees with a unique opportunity to learn about the future of development in Pima County.

Koren Manning serves as Deputy Director for the City of Tucson Planning and Development Services Department. In this role, she advances sustainability, equity, and economic growth, promotes excellence in customer service, and fosters inclusive community engagement. Koren’s impressive background includes her tenure as a Senior Planner and Team Leader in the Brooklyn Office of the NYC Department of City Planning. She holds a Masters of Urban and Environmental Planning from the University of Virginia and a Bachelor’s in Geography from the University of Arizona. Koren will provide valuable insights into the Transit Oriented Development initiative and discuss her department’s ongoing efforts to enhance Tucson’s planning and development landscape.

Event Details:

• Date: August 13, 2024
• Time: 11:30 AM
• Location: DoubleTree by Hilton Reid Park

The Southern Arizona CCIM Chapter invites all interested parties to attend this enlightening luncheon. Don’t miss this opportunity to gain insights into our region’s future development from two of its most knowledgeable and influential planning officials.

For more information and to register for the event, please visit https://southernazccimchapter.com/meetinginfo.php?id=161&ts=1721762687.

Following the discussion, participants can attend a CE Credit renewal class titled “Environmental Disclosures and Commercial Transaction” in the category of Disclosures. The course, scheduled to begin at 1:30 PM on August 13th, is taught by Instructor Pat Sheahan. To register and for more information about the Southern Arizona CCIM Chapter and upcoming events, please visit southernazccimchapter.com

TUCSON (July 30, 2024) – Ascent Companies & Vanderbilt and property management company, Bryten Real Estate Partners officially opened Amavida Marana, the newest luxury community in the heart of Marana, Ariz.

Amavida Marana features 200 one-, two-, and three-bedroom apartment homes with upgraded in-home amenities, including smart thermostats, nine-foot ceilings, stainless steel appliances, and vinyl wood flooring.

Amavida Marana also offers residents unique outdoor amenities not found in many other communities, making it a perfect home for outdoor enthusiasts. Residents will have the safety, tranquility, and convenience of a private four-acre, gated community park on the property.

The park has four premier pickleball courts, a playground, a walking and jogging loop, and an enclosed dog park.

“If you want relaxation, recreation or a lush place to work out, having an exclusive park on the community is something all residents can enjoy,” says Amity Dalton, Vice President of New Development at Bryten. “Amavida Marana is a place where residents can find an exceptional place to play and stay active.”

The community also has electric vehicle charging stations, an indoor/outdoor fitness center, a swimming pool and hot tub, pet washing stations, and a beautifully appointed clubhouse.

“Whether you want a luxury community, an environment that offers private outdoor spaces, sustainable features or a great location, Amavida Marana has something to fit everyone’s lifestyle,” adds Dalton.

Located at 5555 W Ina Rd., Amavida Marana is conveniently situated at the southeast corner of Ina and Silverbell Roads, near the 131-mile Tucson Loop, Chuck Huckleberry Bike Path, Saguaro National Park, Arizona Pavilions Shopping Center, and Tucson Premium Outlets.

Residents will be moving into the community as early as August 1^st. To learn more about Amavida Marana, visit amavidamarana.com.