Meritage announces three new developments in the Tucson area | Construction / Real Estate

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The Tucson real estate market stays hotter than ever, and that goes for homes that are just on the market and those that are not even finished. Meritage Homes, a national real estate development company headquartered in Scottsdale, recently announced three new developments in the Tucson area in addition to its many existing communities.

First, they announced retreats at Twin Peaks coming to Marana, a closed community designed for home beginners and newcomers. The community near I-10 and in the Marana Unified School District will have homes priced at $ 400,000. There will be more than 60 apartments, each up to 3,000 square meters. All homes are single story and range from three to four bedrooms and two to three bathrooms. Retreats at Twin Peaks is currently in the pre-sale phase.

Meritage also announced the purchase of 161 lots in the city of Tucson. This community will be called Valencia Crossing and the houses will be between 1,327 and 2,220 square feet. Valencia Crossing is being developed on Valencia Road south of Tucson near the Tucson Airport and the University of Arizona Tech Park.

“At Valencia Crossing, residents will enjoy beautiful single-family homes with a variety of design features along with leading-edge energy-efficient technology,” said Jeff Grobstein, division president of Meritage Homes Tucson, in a press release. “This, coupled with the convenient location and the generous common areas, offers the residents an ideal home.”

Finally, Meritage is opening a new phase in their Saguaros Viejos development in the Oro Valley. This new phase includes 86 houses starting in the mid-400s and ranging from 1,844 to 3,306 square meters. Saguaros Viejos is located off I-10 and is in the Amphitheater School District.

For more information, visit MeritageHomes.com/state/az/tucson

SALES

Ideal Pima Holdings, LLC purchased 7,041 square feet of office space at the Pima Corporate Center, 5956 E. Pima St., Tucson. The three office portfolio consisting of suites 100, 130 and 140 was purchased by La Rubia, LLC for $ 1,000,000. Ryan McGregor, Office Specialist at Cushman & Wakefield | PICOR represented the seller in this transaction. Jeramy Price represented the buyer together with Volk Company.

Main Street Town Center, LLC, acquired 1,657 square feet of office space at the Pima Corporate Center, 5956 E. Pima St., Suite 120, Tucson. The single-tenant office apartment was purchased from Michael H. Strauss for $ 200,000. Ryan McGregor, Office Specialist at Cushman & Wakefield | PICOR represented the seller in this transaction. Volk Company’s Jeramy Price represented the buyer.

Steven J. Shenitzer and Hollece F. Shenitzer, Trustees of the Shenitzer Family Trust, and WV, LLC, purchased an 18,754-square-foot industrial building at 4575 S. Coach Drive, Tucson. The 1.54 acre industrial warehouse in the Butterfield Business Center was purchased by Real Estate Wise, LLC for $ 2,000,000. Robert C. Glaser, SIOR, CCIM, and Paul Hooker, Directors and Industry Specialists at Cushman & Wakefield | PICOR represented the buyer in this transaction. John Hamner, CCIM, and Julian Willetts of RE / MAX Excalibur represented the seller.

Rubicon 1st Ave, LLC acquired Brown Way Apartments, 4,665 square foot, multi-family investment property located at 4101-4105 and 4115-4117 E. Brown Way, Tucson. The apartment complex with 5 units, consisting of a triplex and a duplex, was bought by Michael J. Bosnos and Judith Bosnos for USD 748,000. Allan Mendelsberg, Headmaster, and Conrad Martinez, Multi-Family Specialists at Cushman & Wakefield | PICOR represented both parties in this transaction.

Rubicon 1st Ave, LLC acquired Bellevue Apartments, a 3,798 square foot multi-family investment property located at 5501-5509 E. Bellevue St., Tucson. The 5-unit apartment complex, consisting of two single-family houses and a triplex, was bought by Michael J. Bosnos and Judith Bosnos for US $ 748,000. Allan Mendelsberg, Headmaster, and Conrad Martinez, Multi-Family Specialists at Cushman & Wakefield | PICOR represented both parties in this transaction.

Paleteria y Neveria La Michoacana, LLC purchased 2,247 square feet of retail space at 3102 E. 22nd Street, Tucson from MEGB, LLC for $ 700,000. Jose Dabdoub, Industrial Specialist at Cushman & Wakefield | PICOR represented the seller in this transaction. Cintya Denisse Angulo Garcia, Commercial Specialist at Cushman & Wakefield | PICOR represented the buyer.

Zacharias Rodriguez bought a retail restaurant on 5801 S. Palo Verde Road in Tucson. The 4,015-square-foot, single-tenant building was purchased from the Estate of Timothy R. Lindblad for $ 285,000. Andy Seleznov, CCIM, Retail Specialist and Ron Zimmerman, Principal and Industrial Specialist at Cushman & Wakefield | PICOR represented the seller in this transaction.

Rental agreements

Solar Pros AZ, LLC, has rented 3,883 square feet of industrial space from La Cholla-OG, LLC located at 1951 W. Grant Road, Suite 180, Tucson. Paul Hooker, Principal, and Andrew Keim, Industrial Specialists at Cushman & Wakefield | PICOR represented the landlord in this transaction.

Kittelson & Associates, Inc. extended its lease with Two East Congress, LLC for 3,505 square feet of office space at 2 E. Congress St., Suite 705, Tucson. Ryan McGregor, Office Specialist at Cushman & Wakefield | PICOR and Thomas Usher, Matthew Johnson, Douglas Deurwaarder and Mark Carnese with Cushman & Wakefield from Oregon represented the tenant in this transaction.

Nanopec, Inc. has leased 3,211 square feet of industrial space from Eastside Center, LLC, located at Eastside Research Commerce Center, 1775 S. Pantano Road, Suites 100-110, Tucson. Ron Zimmerman, Principal and Industrial Specialist at Cushman & Wakefield | PICOR represented the landlord in this transaction. Chris Tsighis from Coldwell Banker Residential Brokerage represented the tenant.

Tucson Fitness, LLC has rented 1,740 square feet of retail space from Oracle Plaza, LLC at Oracle Plaza, 6336 N. Oracle Road, Suite C318, Tucson. Greg Furrier, Retail Specialist at Cushman & Wakefield | PICOR represented the landlord in this transaction. Mark Hays of Tierra Antigua Realty represented the tenant.

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