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New KB Home Community Selling in Tucson at Prices from $192,000-$243,000
A new neighborhood in southeast Tucson, La Cima Esplendora has launched sales recently, as announced by KB Homes.
Investor Acquires Triple-Net Leased Gas Station for $4.21M
Capizzi Family Trust, an investment firm from Downey, California, recently picked up the Circle K store and gas station at 3301 S 6th Avenue in Tucson for $4.21 million or $956 per square foot as a triple net investment. Tatyana Meulemans with Newmark Grubb Knight Frank in Phoenix represented the seller, the Deconcini Family Trust of Tucson.
New Retail Center Coming Soon to Southeast Tucson
Retail options at the Rita Ranch master planned community in Tucson’s southeastern precinct will broaden in the near future as site work has recently begun on a new shopping and restaurant hub. The shopping complex is being built on a 17-acre parcel at the northwest corner of Houghton and Old Vail Roads, across from Houghton Towne Center and approximately 1.5 miles from Interstate 10.
Tucson International Airport begins $15M-$20M Terminal Upgrade
The Tucson Airport Authority has selected Sundt Construction, Inc. as construction manager at risk for a terminal optimization program at the Tucson International Airport. The project is expected to begin in late 2015 and the construction cost is budgeted at $18-23 million.
Two Arizona Architects Selected to Design New Banner Health Facility
Following its merger with the University of Arizona Health Network in late February, Banner Health has tapped two Arizona architecture firms to design its new hospital in Tucson.
California Bioscience Firm Opens Diagnostic Lab near Tucson
By Balazs Szekely, Associate Editor A health diagnostics laboratory is soon to arrive at the Tucson scene. LCMS Laboratories Inc. announced a new commercial lease agreement for an undisclosed amount of space at 10831 N. Mavinee Drive, Suite 105 in Oro Valley. Bob Davis of Rein & Grossoehme Commercial Real Estate represented LCMS Laboratories in […]
The Ritz-Carlton, Dove Mountain receives Five Star Rating
The Ritz-Carlton, Dove Mountain near Tucson has been named a new Five Star hotel as Forbes Travel Guide recently unveiled its latest Star Rating list. The distinction puts the 850-acre resort among the top luxury destinations worldwide. Two other Arizona properties have also received the Five Star rating this year, The Canyon Suites at The Phoenician in Scottsdale and Kai Restaurant in Chandler.
Santé Operations to Build Its First, Acute Care, Facility in Tucson
Santé Operations has recently announced its plans to construct a new transitional rehabilitation center in Tucson
Associa Brings Its Community Management Services to Tucson
Community association management firm Associa has recently introduced Associa Arizona by opening its newest location in Tucson, on January 26.
HSL Properties to Sell Portion of 383-Acre Hilton Property it Acquires
Hilton El Conquistador Golf & Tennis Resort and the El Conquistador Country Club is now part of HSL Properties’ hospitality portfolio following a recent acquisition closed by CBRE Hotels. The brokerage group represented the seller, New York City-based MetLife, and the team negotiating the transaction included Jerry Hawkins, S. Douglas Henkel, Lewis C. Miller, Andy Wimsatt and Jeff Woolson. The deal including an additional 18 acres of developable land on Oracle Road was worth $15 million.