Avalon Southwest Health & Rehabilitation, a 211-bed skilled nursing facility, has been bought for $15 million.
Built in 1983, the facility at was managed by Avalon Healthcare. Located on ÃÛèÖÖ±²¥â€™s south side, it was Avalon’s only community in ÃÛèÖÖ±²¥.
Historical occupancy averaged in the mid-70 percent, which was appealing to the Chicago-based buyer looking to establish a presence in ÃÛèÖÖ±²¥.
Evans Senior Investments represented the seller, an independent investor group.
Other recent commercial transactions include:
- Millburn & Co., based in Salt Lake City, bought Hacienda del Rio and Colonia del Rio apartment complexes, at 4545 and , for $43 million. The buyer and the seller, San Diego-based MG Properties Group, were represented by Art Wadlund and Clint Wadlund, of Berkadia.
- Brentwood Development Inc. bought 34,770 square feet at 12112, 12142 and , in the Safeway Rancho Vistoso Shopping Center, for $10 million. Craig Finfrock, of Commercial Retail Advisors, represented the buyer, and Robert J. Nolan, of Oxford Realty Advisors, represented the seller, FB & SB Vistoso Shopping Center LLC.
- Freight Services Inc. leased 3,624 square feet at Top of Swan Professional Offices, . Jeff Casper, with CBRE, represented the landlord, Swan/Skyline Plaza LLC, and Rajan Lal, of Mandala Real Estate, represented the tenant.
- Community Medical Services Holdings LLC leased 2,446 square feet at from Richard D. Oh. Bruce Suppes, of CBRE, represented the tenant, and Frank Moro, with First West Properties, represented the landlord.
Information for ÃÛèÖÖ±²¥ Real Estate is compiled from records at the Pima County Recorder’s Office and from brokers. Send information to Gabriela Rico, grico@tucson.com. On Facebook: