Park ‘n Ride for Arizona Shuttle Planned for Twin Peaks & I-10

9633 N Tiffany Loop
9633 N Tiffany Loop Drive, Marana, AZ

Groome Properties IV LLC bought a 2.47-acre parcel of land at 9633 N. Tiffany Loop Drive from KOPE Real Estate II LLC for $570,000 ($5.30 PSF). Located at Twin Peaks and Tiffany Loop, the property was purchased to construct a Park ‘n Ride for Arizona Shuttle.

Arizona Shuttle has been the premier choice for transportation services throughout the state, since 1987. The company provides safe transportation options to over 250,000 passengers every year, and is constantly growing to provide both visitors and residents with service that meets their needs and expectations.

With regular daily shuttle service from Tucson, Phoenix, Prescott, Prescott Valley, Sedona, Cottonwood, Camp Verde, Flagstaff, and the Grand Canyon, home pick up and drop off, and charter and large group services, Arizona Shuttle offers an economical choice for getting to where passengers need to go safely.

“Our customer service is available 24 hours a day, 7 days a week to answer your questions and book reservations with any of our friendly, well-trained, and knowledgeable staff, or you can book your trip using our convenient online reservation system. We also offer same day package service between Phoenix, Tucson, Flagstaff, Prescott, and Cottonwood,” according to the company’s website https://www.arizonashuttle.com/

Arizona Shuttle is currently has over 200 employees and continues to grow.

The seller was represented by Randy and Gary Emerson of GRE Properties in Tucson.

For additional information, Gary Emerson can be reached at 520.777.4949 and Randy Emerson at 520.396.4812.

To learn more, see RED Comp #3953.




Former Luz Academy Sells for Senior Living Redevelopment

2797 Cerrado
2797 N Cerrado de Beto, Tucson, AZ  (Click to enlarge)

Ramsey Canyon, 4120, LLC has purchased the former Luz Academy at 2797 N. Cerrado de Beto from ROI Properties as Receiver for Luz Social Services, Inc. The former psychiatric hospital and charter school, constructed in 1999 and completely renovated in 2011 is comprised of approximately 40,000-square-feet and sits on 30 acres of land near Silverbell and Ironwood Hills Drive. The total purchase price was $2.25 million ($56.25 PSF).

The buyer plans a complete renovation of the building for a new senior living community.

Gary and Randy Emerson of GRE Partners and ROI Properties represented the Seller in the transaction.

For additional information, please contact Gary Emerson (520-603-9107) or Randy Emerson (520) 429-4967

To learn more, see RED Comp #3863.

 




GRE Partners Completes $4.44 Million Industrial / Retail Sales

1660 S Research Loop aerial 2GRE Partners, LLC in Tucson announced the sale of several industrial and retail closings this week with an aggregate sale price of $4.44 million in three transactions.

Clairemont Partners LLC purchased Clairemont Plaza, a 67,609-square-foot multi-tenant business park from Foothills Business Ventures LLC for $3.65 million ($54 PSF). Located at 22nd Street and Pantano Road, Clairemont Plaza is at 1660-1684 S Research Loop in Tucson consisting of five buildings within the Eastside Research Commerce Center, a light industrial / warehouse / manufacturing, flex space business park. Built in 1986, the property sits on a 5.65-acre lot.

Gary Emerson of GRE Partners LLC represented the seller and Rob Glaser of Cushman & Wakefield | Picor represented the investor.

7770 AKE LLC, dba Marcel’s Total Fitness & Athletics, purchased a 7,200-square-foot former day care center at 7770 E. Wrightstown Road in Tucson for $572,000 ($79 PSF).  The seller was Realty Income Corporation. The buyer purchased the property to convert it into a state-of-the-art fitness and training facility. Property is located at the southwest corner of Wrightstown and Pantano Road, adjoining Catalina Village Shopping Center anchored by PetCo and Brawley’s Restaurant.

The buyer was represented by Gary Emerson of GRE Partners, LLC and the seller was represented by Rob Tomlinson of Cushman & Wakefield | Picor.

All Makes and Models Auto Repair, a tenant in building prior to sale, purchased the auto repair facility at 1305 E. Benson Highway in Tucson from Corfinium Holdings LLC of San Francisco for $220,000 ($72.37 PSF). The buyer plans to continue to occupy the 3,040-square-foot buildings on .74-acre as an owner / user.

Gary and Randy Emerson of GRE Partners, LLC represented the Seller in the transaction.

For more information, Glaser and Tomlinson can be contacted at 520.748.7100. Gary and Randy Emerson should be reached at 520.305.3589.

To learn more, see RED Comp #3821, #3838, and #3841.