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

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.…

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FirstService Residential to Provide HOA Management for Hill Farm

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.…

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Ground Broken on Pima Mine Road Solar Generating Facility

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.…

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Business Property Trust Picks Up Broadway SelfStorage for $1.1M

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.…

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Luxury Casitas Come to Sabino Canyon

Luxury Casitas Come to Sabino Canyon

The Pima County Board of Supervisors has recently voted to approve re-zoning for building a luxury-style apartment home complex consisting of 130 casitas on Tucson's east side on a 15.1-acre land along Sabino Canyon Road.Sabino Canyon Road Properties develops the project and has plans for three-bedroom luxury rental units located…

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

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.…

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

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.…

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The Army Builds Its Largest-Ever Solar Project in Southern Arizona

The Army Builds Its Largest-Ever Solar Project in Southern Arizona

Development of a solar array in southeast Arizona is about to start, according to a written announcement recently released by the U. S. Army. The plant is designed to meet about 25 percent of the annual installation electricity requirement of Fort Huachuca, one of the United States Army’s busiest transient…

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Lightstone Group Acquires Aloft Tucson University Hotel from Starwood for $19M

Lightstone Group Acquires Aloft Tucson University Hotel from Starwood for $19M

Starwood has recently announced the $19 million sale of Aloft Tucson University to Lightstone Value Plus Real Estate Investment Trust II, Inc., a public, non-traded REIT sponsored by The Lightstone Group.…

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Dine-in Movie Theater Replaces Grand Cinemas Crossroads 6

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…

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County unveils new regional communications system, center

County unveils new regional communications system, center

With a simple turn of a knob on their radio devices, more than 30 public-safety agencies — including the Tucson Police and Fire departments, the Pima County Sheriff’s Department and seven county hospitals — have the ability to communicate with one another during emergencies now that the county’s regional communication…

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

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,…

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