Tucson (No longer used)

Village Inn to Open Restaurant in Marana

Village Inn announced the addition of a new location in Marana’s Arizona Pavilions shopping center. The new tenant of the retail complex is already well known in the Tucson area, currently operating three other restaurants to Tucson.

Radium Investments Buys Apartment Community from HSL Properties for $8.1M

HSL Properties sold the 160-unit multifamily property located at 7424 East Speedway Boulevard in Tucson to Radium Investments I, LLC. The buyer is a recently established entity led by Jim and Kevin Szymanski of James Associates Management Equity Services.

FirstService Residential to Provide HOA Management for Hill Farm

The Hill Farm community in northeast Tucson has recently selected FirstService Residential to provide HOA management services for the Hill Farm Homeowners Association.

Ground Broken on Pima Mine Road Solar Generating Facility

Construction has started on the Pima Mine Road Solar Generating Facility. The developer, Avalon Solar Partners recently hosted a groundbreaking ceremony, marking the mid-May beginning of the site works.

Business Property Trust Picks Up Broadway SelfStorage for $1.1M

Tucson’s Broadway Self Storage changed hands just recently, a trade publication reports. A limited liability company acquired the facility from Broadway Wilmot Self Storage, LLC and paid $1.1 million.

The Ensign Group Acquires 230-Bed Skilled Nursing, Rehabilitation Center

Formerly known as Kindred Transitional Care Northwest, Casas Adobes Post-Acute Rehabilitation Center has a new owner, a recent trade publication reports. The Ensign Group acquired the 230-bed skilled nursing facility located at the corner of Orange Grove and Corona roads, adjacent to Northwest Hospital Medical Plaza in Tucson.

W.P. Carey Buys Raytheon Office Building for $19M

A real estate investment trust has just recently acquired a 143,650 square-foot Class A office building currently leased to one of The Raytheon Company’s main business divisions, Raytheon Missile Systems which is the largest of Raytheon’s six operating segments and the largest private employer in the Tucson area.

Dine-in Movie Theater Replaces Grand Cinemas Crossroads 6

Roadhouse Cinemas, a group of local entrepreneurs will open a state-of-the-art dine-in cinema in Tucson later this year. The group will spend over $2 million on the recovery of Grand Cinemas Crossroads 6, an existing discount theater located at the corner of East Grant and North Swan Road at Crossroads Festival Shopping Center.

County Approves 716-Acre Multifamily Development Near Corona de Tucson County

The Pima County Board of Supervisors approved a development agreement with Diamond Ventures, Inc, Arizona Daily Star reports. The company is the owner of Hook M Ranch which is situated on 716 acres of land near Corona de Tucson. The development includes 1, 376 houses and 400 apartments, open space, small commercial spaces and a K-8 school for the Vail School District.

Global Nanotechnology Company Brings 5,000-Sq.-Ft. HQ to Tucson Region

Duralar Technologies announced recently that it has established its U.S. headquarters at 7620 North Hartman Lane in a 5,000 square-foot leased building that is scheduled to open by May 2014.