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Coronal-Panasonic Acquires Avalon Solar Project

The 35-megawatt Avalon Solar Project changed hands recently, the buyer – Coronal Group LLC – announced. While Coronal owns and manages the asset, Panasonic Eco Solutions, a unit of Panasonic Corporation of North America will oversee the operations and management of the project. Sumitomo Mitsui Banking Corporation was the financing provider for the sale.

Tucson Realtor First to Legally Conduct Aerial Real Estate Photography

On January 6, the Federal Aviation Administration issued a permit to Douglas Trudeau in Tucson for operating a drone in order to shoot real estate listing photos and videos. The Tierra Antigua Realty agent is the first realtor in the United States approved by the FAA to fly an unmanned aircraft system.

Redyns Development Buys Northwest Tucson Medical Building; St. Rudasill Road Clinic Receives QOPI Certification

An 11,036-square-foot medical building located at 1620 W St. Mary’s Road in Tucson changed hands recently. St. Mary’s Silverbell Building, LLC sold the building to Redyns Development with a leased fee interest in the land owned by Carondelet for $2.9 million, according to Real Estate Daily News.

HSL Properties Breaks Ground on $46M Encantada at Tucson National

Following the recent years’ success on Southern Arizona’s luxury apartment market, HSL Properties, Inc. completes its portfolio with Encantada at Tucson National. The company broke ground on the new multifamily property in early December.

Purcell Tire and Service Center Opens New Location in Tucson

Purcell Tire and Service Center expands with its third location in Tucson at 1515 East Ajo Way. The company hosted a grand opening and ribbon cutting ceremony with Mayor Jonathan Rothschild and company executives Bob and Juanita Purcell on Thursday December 4.The event included prize drawings, lunch and tours of the new tire service facility.

Colliers Transacts Sale of 13.72-Acre Class A Shopping Mall Property

The Dove Mountain Centre shopping mall changed hands recently. The Colliers International team representing the seller included Executive Vice President Mindy Korth and Vice President Kirk Kuller of the company’s Greater Phoenix arm. Paul Schloss of Bourne Advisory Services, LLC represented the buyer in the transaction.

MC Companies Picks Up 319-Unit Rock Ridge Apartments in Tucson

MC Companies has recently announced the acquisition of Rock Ridge Apartments in Tucson’s Oro Valley submarket. Rebranded as The Place at Rock Ridge, the community is the seventh residential rental property in the group’s Tucson portfolio.

Smoothie Factory Expands in Tucson, Adds 6 Juice Bars in Arizona

The Smoothie Factory Juice Bar franchise commenced a major expansion program that kicks off with the addition of seven new locations in Arizona. The first store is already under construction at the University of Arizona. The company has awarded the multi-unit development agreement to franchisee John Wilfert, of JW Health and Fitness, LLC, who also owns the existing Smoothie Factory at 1st Avenue in Tucson.

Univeristy of Arizona Completes Phase One of Solar Testing Facility

Tech Parks Arizona recently celebrated the completion of Phase One of Solar Zone at the University of Arizona Tech Park. The project, a partnership between UA and Tucson Electric Power, is one of the largest multi-technology solar testing and demonstration sites in the world.

Mister Car Wash Opens New National HQ in Tucson

Mister Car Wash, the largest car wash company in the United States has opened its national headquarters recently, in mid-October.