Banner Leases 8,000 SF for new Clinic at Rita Ranch

TUCSON, ARIZONA – In a time when healthcare has come front and center with a global pandemic, Banner-University Medical Group leased 8,000-square-feet at Rita Ranch Plaza, 8270 – 8290 S Houghton Road in Tucson, located on the southwest corner of Rita and Houghton Roads from KMC III, LLC.  The space was formerly used for the Carondelet Medical Mall.

This news comes after Rincon Neighborhood Hospital, a subsidiary of TMC HealthCare, announced at new 60-bedhospital to be built at the TMC Rincon Health Campus, located at the intersection of Drexel and Houghton roads. It is scheduled to open in 2023 according to a news release from TMC.

Banner – University Medical Center Tucson and Banner – University Medical Center South are part of Banner – University Medicine, a premier academic medical network. These institutions are academic medical centers for the University of Arizona College of Medicine – Tucson. Included on the two campuses are Diamond Children’s Medical Center and many specialty clinics. The two academic medical centers are part of Arizona-based Banner Health, one of the largest nonprofit health care systems in the country.

Although the opening of new clinics had slowed this year, Banner – University Medicine opened three new primary care offices last year in the area. One in Marana and two more in the Tucson area.

“We constantly hear from the community about how difficult  it is to find a primary care provider in Tucson, so we are making access to convenient primary care a priority this year,” said Chad Whelan, MD, chief executive officer of Banner – University Medicine in Tucson said in a press statement.

The Banner – University Medicine Cortaro Primary Care office at 8020 N. Cortaro Road, Suite 150, opened to patients in April, 2019.

Banner – University Medicine then opened a second primary care office at 6860 E. Sunrise Drive.

A third primary care office opened in June or July, 2019 at 7355 S. Houghton Road.

The landlord was represented by Andrew Sternberg and Gordon Wagner of NAI Horizon and the tenant was represented by Vicki Robinson of JLL in Phoenix.

For more information Sternberg can be reached at 520 729 1694 and Wagner should be contacted at 520 398 5130.

NAI Horizon adds veteran office, industrial specialist Mike Myrick to its Phoenix professional staff

Mike Myrick, CCIM, NAI Horizon

PHOENIX, ARIZONA – NAI Horizon continues to grow its Phoenix office with the hiring of industry veteran Mike Myrick, CCIM.

Myrick, who specializes in leasing and sales of office and industrial properties, returns to NAI Horizon after almost four years at Marcus & Millichap. He previously worked at NAI Horizon from 2012 to 2015.

Myrick has been involved in more than 500-million-square-feet of agency transactions and more than $1 billion in leasing and investment sales transactions. He currently acts in an advisory capacity to a large national financial institution and has also worked for one of the largest private equity funds.

“I’m happy that Mike made the decision to return to NAI,” said Terry Martin-Denning, CEO and Designated Broker of NAI Horizon. “His strong experience and relationships are valuable assets that strengthen our NAI team.”

Myrick holds the prestigious designation of Certified Commercial Investment Member (CCIM).

A native of the Southeast Valley, Myrick earned a BS in business administration from Northern Arizona University in Flagstaff.

Myrick serves as a youth sports coach, has served on various boards and commissions and currently is the President of the Kyrene School District Governing Board.

National RV Central at Orange Grove I-10 Plaza Sells for $6.74 Million

RV Central, 6260 North Travel Center Dr., Marana

MARANA, AZ —  The LeClaire Group of Marcus & Millichap (NYSE: MMI) of Denver brokered the sale of National RV Central, a 125,015-square-foot enclosed RV storage facility located at 6260 North Travel Center Drive in Marana, AZ for $6.74 million ($54 PSF). Located in the Orange Grove I-10 Plaza, the seller was also the developer of the property and the 21-acre Plaza in 2006.

Thomas Parsons, Investment Associate, and Adam Schlosser, Senior Vice President Investments, had the listing to market the property on behalf of the seller, NSS RV Central OG, Limited Partnership, a local partnership with the Schomac Group (Dennis Winans, CFO).

“This is one of the largest fully enclosed and climatized RV storage facilities in the country which helped drive interest from nationwide investors,” said Parsons. The buyer was a national private self-storage operator, In Self Storage, based in Colorado. This is the buyer’s first investment in the Tucson market.

RV Central sits on 7.03 acres and in addition to this the buyer purchased an additional 2.42 acres of vacant land for an aggregate value of $583,458 ($5.54 PSF) for future expansion. Gordon Wagner with NAI Horizon in Tucson handled the lot sales.

National RV Central is the only fully enclosed and climate-controlled RV and boat storage option in this market. Built in 2006, the facility is comprised of 112,115 NRSF of indoor climate-controlled RV storage, 5,100 NRSF of traditional drive-up self-storage, and a 7,800 NRSF service bay rented to a third party.  There is no outside storage, 100 percent of the RV and boat storage is fully enclosed.  The property is strategically located next to Interstate 10 (I-10).

Because of the tall buildings and prominent signage, the facility is very visible to all 110,000 vehicles which drive by each day.  The property is situated in a populated area with approximately 130,279 people and 53,233 households in a five-mile radius with an average household income of $72,389.

For additional information, Parsons and Schlosser can be reached at 303.328.2068 and Wagner can be contacted at 520.398.5130.

To learn more, see RED Comp #6661, #6734 and #6738.