Latest deals from David Weekley Homes, Marcus & Millichap, C&W | PICOR

David Weekley Homes buys Vistancia parcels

David Weekley Homes has purchased a total of 65 homesites among the final two remaining parcels in the private gated golf course community of Blackstone at Vistancia. This transaction brings David Weekley Homes’ total lots inside the luxury community to 310 homesites of the projected 650 total lots. Both land parcels are uniquely nestled around the award-winning Blackstone Country Club and offer an intimate and natural Sonoran Desert setting featuring spectacular mountain and golf course views.

The first parcel totaling 38 homesites is located along both the 8^th and 9^th holes of the Blackstone Country Club golf course. This neighborhood is planned to offer similar home styles currently offered in David Weekley Homes’ highly-successful 60’x120’ Greens neighborhood in Blackstone at Vistancia featuring single-story homes ranging from approximately 2,100 to 2,700 square feet and designed to enhance the indoor/outdoor living experience.

The second parcel includes an intimate collection of 27 homesites nestled around the 10^th hole of the golf course. These 50’x80’ homesites are envisioned to offer single-level detached homes for those who are looking for a smaller, lower maintenance home in a golf course community.

Development is currently underway on both David Weekley neighborhoods and grand openings are planned for 2018.

Marcus & Millichap sells Higley Pavilion

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada,announced the sale of Higley Pavilion , a 7,675-square foot retail property located in Gilbert, AZ, according to Ryan Sarbinoff, regional manager of the firm’s Phoenix office. The asset sold for 97% of list price at $3,500,000.

Mindy Korth and Sean Westfall at Colliers International represented the Buyer and Sanford Burstyn at Marcus & Millichap’s Phoenix office represented the seller.

Higley Pavilion is at 4764 S Higley Rd in Gilbert.  Located at an A+, hard corner location, maximum visibility, new construction, mostly credit tenants, ideal co-tenants in a strong demographic new car smell submarket of Gilbert, AZ.

Latest deals from C&W | PICOR

SALE

The White Ohana, LLC purchased a 32,391 square-foot building at 3951 E. Columbia St. in Tucson for $3,650,000.  Rob Glaser, SIOR, CCIM Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller; Ted Liles with Cresa Global, Inc., represented the buyer.

Hawkins Investment Solutions, LLC purchased a 20,000 square-foot industrial building at 3260 E. 36^th St. in Tucson, from Glazer’s Real Estate, LLC for $900,000.  Brandon Rodgers, CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer; Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, represented the seller.

The Connie Rae Simonds Trust purchased a 5,272 square-foot office building located at 3808-3818 E. 5^th St. in Tucson, from Wildcat Equities II, LLC for $582,502.50.  Brandon Rodgers, CCIM, Principal with Cushman & Wakefield | PICOR, represented the seller; Jim Briggs with Cornerstone Realty & Investments, LLC, represented the buyer.

Hands of Hope Tucson purchased a 2,830 square-foot office building located at 5240 E. Knight Dr., Suite 122 in Tucson, from Jim C. Holdings, LLC for $187,000. Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the buyer; John Yarborough, with Romano Real Estate Corporation, represented the seller.

The Gregory and Laura Ingram Living Trust purchased a 22,072 square-foot land parcel located at 311 E. Fort Lowell Rd. in Tucson, from W. Margarita Almeida for $85,000.   Paul Hooker, Industrial Specialist with Cushman & Wakefield | PICOR, represented the buyer in this transaction. 

LEASE

Rosemont Copper Company leased 5,376 square feet at 230 E. 27^th St., Suite 101 in Tucson, from Tin Cup Properties, LLC.  Ron Zimmerman, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord; Tim Healy with CBRE, represented the tenant.

VFLEA, LLC leased 3,250 square feet at 14075 NW Grand Ave. in Surprise, AZ., from Janice L. Eckenrode Family Trust and Jeri A. Wam Family Trust.  Ron Zimmerman, Industrial Specialist with Cushman & Wakefield | PICOR represented the landlord in this transaction.

Miner Southwest, LLC renewed their lease for 1,500 square feet in Grant Interstate Commons, 1101 W. Grant Rd., Suite 201 in Tucson, from the Sloat Family Partnership, LLLP.   Stephen D. Cohen and Russell W. Hall, SIOR, GSCS, Industrial Specialists with Cushman & Wakefield | PICOR, handled this transaction. 

Vail Physical Therapy leased 1,500 square feet in the new Vail Safeway Shopping Center, located at Colossal Cave Rd. and Mary Ann Cleveland Way, from Vail-SSC, LLC.   Aaron LaPrise, Retail Specialist with Cushman & Wakefield | PICOR, handled the transaction. 

Action Yard and Tree, LLC leased 815 square feet in Midpoint Business Plaza, located at 3925 E. 29^th St., Suite 403 in Tucson, from Presson Midpoint, LLC.  Rob Glaser, SIOR, CCIM, and Paul Hooker, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord in this transaction.

Healthlinx, Inc. leased 720 square feet in Butterfield Business Center, located at 4595 S. Palo Verde Rd., Suite 533 in Tucson, from Presson Equity Partners LLP.  Rob Glaser, SIOR CCIM, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord in this transaction.