Pulte Homes has purchased 115 acres of land in Northwest Tucson with plans to build 101 homes.
The parcel, on the southeast corner of North Thornydale Road and West Lambert Lane, was sold by Hawks AZ Land LLC for $5.3 million, records from the Pima County Recorder’s Office show.
Pulte Homes plans to build a 101-home development on 115 acres at North Thornydale Road and West Lambert Lane.
Craig Finfrock, with Commercial Retail Advisors, represented the seller.
The yet-to-be-named subdivision will have enhanced amenities and open space, the company says.
No timeline for construction, home sizes or prices has yet been announced.
Visit Pulte Homes Tucson site for updates on the new development.
Other local commercial activity includes:
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• Basom Arizona Ventures bought the 289-unit Domain 3201 complex at 3201 W. Ina Road from Investor Capital Group for $45.5 million. Hamid Panahi and Clint Wadlund, with Institutional Property Advisors, handled the sale.
• Tucson Window and Door bought 29,600 square feet at 4443 E. Speedway from H&L Speedway Properties for $2 million. Natalie Furrier and Greg Furrier, with Picor, handled the sale.
• MagMod, a lighting company, leased 3,367 square feet at 1665 E. 18th St. from SBC Investors. Kameron Norwood and Andrew Keim, with Picor, represented the landlord.
• AZ Barbershop leased 1,664 square feet at 5470 E. Speedway, at Speedway Craycroft Plaza, from Larsen Baker. The landlord was represented by its broker, Isaac Figueroa.
• Intentional Psychiatry leased 1,023 square feet at 4646 E. Fort Lowell Road from Synergy Plaza LLC. Jason Shaltiel, with CBRE, represented the landlord and Scott McGill, with MCG Realty, represented the tenant.
Information for Tucson Real Estate is compiled from records at the Pima County Recorder’s Office and from brokers. Send information to Gabriela Rico, grico@tucson.com
Gabriela Rico
Reporter
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