Radiology Limited building in Green Valley sells for $2.6 million

GREEN VALLEY, AZ (April 1, 2025) – The medical building at 450 W Continental Road in Green Valley was sold for $2.6 million ($360 per square foot) in an all-cash transaction. Page Holdings, LLC, a Paradise Valley investor, acquired the property as part of a 1031 exchange upleg.

Constructed in 1994, the 7,225-square-foot building was fully leased to Radiology Limited and sold as an investment property.

Karen Farrell of Venture West represented the seller, TIA-Real Estate, an affiliate of Venture West Real Estate Services in Tucson.

Justin Horowitz of SVN / Desert Commercial Advisors in Phoenix represented the buyer.

For more details, Karen Farrell can be reached at 520.722.9292, and Justin Horowitz at 480.425.5501.

Subscribers can refer to RED Comp #11790 for additional information.

TUCSON, AZ (March 28, 2025) — Larsen Baker has acquired a five-property portfolio of mostly industrial and some retail properties from California-based Sydco Realty Company. The portfolio, comprising assets across Central Tucson and one in Phoenix, sold for $8 million. It totals 126,878 square feet at approximately $63 per square foot.

The properties include:

• Tucson:
  • Industrial properties at 526 & 576 E 16th Street
  • Industrial property at 505 E 17th Street
  • Retail properties at 3952 & 3996 N First Avenue
  • Retail property at 712-714 N Stone Avenue
• Phoenix:
  • Industrial property at 3836 & 3840 N 28th Avenue

Tenants occupied all the buildings, and Larsen Baker plans to improve and gradually stabilize the properties.

“Larsen Baker is pleased to take over this well-maintained legacy portfolio from it’s a long-time owners,” said Melissa Lal, president of Larsen Baker. “We see continued upside in well located industrial buildings at well below replacement costs.”

The seller was self-represented in the transactions, and Isaac Figueroa and Frank Arrotta, with Larsen Baker, represented the buyer.

For more information, contact Arrotta and Figueroa at 520.296.0200.

Subscribers should refer to RED Comps #11808, #11813, #11810, and #11809 to learn more.

PHOTO: 5226 E 16^TH Street, Tucson

TUCSON, AZ (March 27, 2025) — SCS Tile purchased the industrial property at 2311 N 14th Avenue in Tucson for $1,175,000 ($113 PSF) for the metal buildings built in 1958 on .67 acres at 14th Ave and Sahuaro Street.

The property consists of two buildings totalling 10,340 square feet with three overhead cranes, 1000 amps / 3-phase power, 19-foot ceiling heights, two offices, two bathrooms, a metal roof, grade-level roll-up doors, and a fenced yard.

SCS Tile is a home remodeling company based in Arizona, dedicated to helping customers transform their houses into beautiful homes in Tucson and Phoenix. As a leading supplier of stone, tile, wood, and countertops, the company offers an extensive selection of in-stock materials, surpassing all other providers in the area. With over 25 years of experience, SCS Tile specializes in Granite and Quartz countertops and a wide range of indoor and outdoor flooring options, including porcelain, travertine, and slate. Additionally, the company provides medallions, mosaics, and sinks to complete any kitchen or bath project.

Rob Lamb of Long Realty Company represented the seller, Illinois-based Hubus1, LLC.

The buyer, KQTM, LLC, an affiliate of SCS Tile, was represented by Ed Henne, also with Long Realty Company.

To learn more, Lamb should be reached at 520.444.4411, and Henne is at 520.465.8000.

To learn more, subscribers should refer to RED Comp #11794.