Tucson Williams Center Portfolio Sells for $13.6 Million

TUCSON, AZ — WCCP Williams Tech LLC of Scottsdale (William Metzler, manager) purchased two office buildings at 5431 and 5451 East Williams Blvd in Tucson for $13.6 million ($141 PSF) from BP WCTC Investors of Tucson, an affiliate of Bourn Partners (Don Bourn, manager).

5431 and 5451 East Williams Boulevard are located in the prestigious Williams Centre Technology Campus in Tucson, Arizona, near the southwest corner of Broadway Blvd. & Craycroft Road. The buildings offer a total of 96,421 square feet of Class “A” office space. Both two-story office buildings are state-of-the-art facilities, with 6-inch raised flooring and back-up generator.

5431 East Williams Boulevard sold 100% leased to three industry leading tenants, Texas Instruments (NASDAQ: TXN), Sorenson Communications and Centene Corporation. The 46,878-square-feet of Class “A” office space was built in 2000.

5451 East Williams Boulevard sold 100% leased to ADP (NASDAQ: ADP). The 49,543-square-feet of Class “A” office environment was built in 2001.

Bill Palmer of Palmer Capital Inc. in Roseville, California negotiated the sale for the seller and Phil Skillings with NAI Horizon of Tucson, also a principal in the transaction, represented the investor.

For additional information, Palmer should be reached at 916.462.6201. Skillings can be contacted at 520.977.6369.

To learn more, see RED Comp #4189.