The Humane Society of Southern Arizona and local restaurants to host 4th annual “Woofdown Wednesday”

TUCSON, AZ –  On Wednesday, July 29th, The Humane Society of Southern Arizona will be hosting the 4th annual “Woofdown Wednesday” to raise money for homeless pets in need. Local restaurants will host simultaneous events to raise money for the Humane Society of Southern Arizona.  Dine in or take out at local participating restaurants for breakfast, lunch, dinner, or all three!

Restaurants such as Vero Amore, Village Bakehouse, Firehouse Subs and more will be donating a percentage of their profits from the day to the Humane Society. If you don’t feel like leaving the house, but want to support HSSA and participating local restaurants, you can simply make a donation. All money donated will be used to purchase gift cards at the participating restaurants.

“Woofdown Wednesday has always presented a tasty way for people to support the work of the Humane Society of Southern Arizona. This year also presents a great opportunity to try a new restaurant or to support a long-time favorite that might be struggling during the pandemic.”, says Randy Peterson, Director of Development, Marketing, and Communications.

Those who want to support are encouraged to visit the Humane Society of Southern Arizona’s event web page to see the full list of participating restaurants at: www.hssaz.org/woofdown.

 




Star Valley MPC relaunches with new lot acquisitions by Richmond American and Meritage Homes

TUCSON, ARIZONA — A new era has begun at the Star Valley master-planned community in Tucson’s southwest sub-market. Richmond American Homes and Meritage Homes each purchased lots for a combined total of 245 lots that will signal the re-start of this community, that has been quiet for almost a decade.

The project was initially purchased by Michael Geddes and Rick Andreen of Scottsdale in 2019. Earlier in 2020, Geddes and Andreen partnered with Sunbelt Holdings to develop the remainder of the project. Sunbelt Holdings has emerged as one of the largest master-developers in the Tucson region, developing well known projects as La Estancia, Red Rock Village, and Sycamore Canyon.

Richmond American Homes purchased 138 lots 47’x115′ for $7,134,600 (finished price of $51,700 per lot). Meritage Homes purchased 107 lots, 40’x115′ for $4,708,000 (finished price of $44,000 per lot).

“We are very excited to re-launch Star Valley with these first round of lot closings and look forward to developing lots for our homebuilding partners for many years to come in this project,” said Rick Andreen (GAC Star Valley). “Star Valley is an established community with years of strong performance. The timing is perfect to re-launch this community. The lot sizes will allow for homebuilders to offer high quality, affordable homes in close proximity to Tucson’s employment and in a master-planned setting.”

The transactions were handled by Will White and John Carroll of Land Advisors Organization in Tucson. Land Advisors has the marketing assignment for all lot sales at Star Valley.

“Star Valley’s timing was very good,” White commented.  “The homebuilders have been very active in the pursuit of entry-level product and they are targeting lots that are “shovel ready” and can deliver new communities in 2021 and 2022. Star Valley will have a long runway for homebuilders and we expect a great deal of of activity from this project for many years”

For more information, White and Carroll can be reached at 520.514.7454.




CBRE Brokers $9.19 Million Sale of Chandler Industrial Property

PHOENIX, ARIZONA — CBRE has negotiated the sale of a 96,000-square-foot industrial building at 6615 W. Boston Street in Chandler, Ariz. Ivanhoe/Evergreen acquired the property from Cabot Properties for $9.19 million.

Jackie Orcutt, John Grady and Jonathan Teeter represented both the buyer and seller in the transaction.

“Completing this transaction during a global pandemic speaks to the perseverance from all parties involved and demonstrates the strong appetite among investors for Phoenix industrial product,” said CBRE’s Orcutt. “The building’s prime Chandler infill location and quality, along with the metro’s underlying fundamentals, were key in getting Cabot’s first acquisition in Phoenix in several years across the finish line.”

6615 W. Boston Street was 100 percent leased at the time of sale to two tenants, including Advanced Circuits, Inc.

The property features 4,405-square-feet of office space, 22-foot clear height, 11 dock-high doors, one grade-level door and up to 189 parking spaces. It is located in the heart of West Chandler’s infill manufacturing district offers access to Interstate10 and the Loop 202, which now provides access to the Southwest Valley labor pool.