A medical clinic that offers specialized counseling services in office, in home or virtually will open early next year in midtown Tucson.
Teri’s Health Services leased 3,054 square feet at 40 N. Swan Road, just north of Broadway, from Larsen Baker.
The landlord was represented by its broker, Isaac Figueroa.
Teri’s Health Services was started by Teri Hourihan as a one-person practice in 2017.
It has since grown to 65 employees.
The clinic offers primary care, COVID-19 testing and vaccines, psychiatric care and counseling.
All services will be available at the clinic, in a patient’s home or office or via telemedicine.
Teri’s currently provides mobile services in Pima County and the addition of the clinic will allow for group counseling sessions and other in-office services.
Visit terishealthservices.org for more information.
Other recent commercial transactions include:
1001 Flint Street LLC bought the 13-unit Vista De Monte Apartments, 2555-2579 E. Water St., from Tucson Rents LLC for $1.4 million. Allan Mendelsberg and Conrad Joey Martinez, with Picor, represented both parties.
Border Chicken AZ LLC bought the property at 3815 E. Grant Road from Southern Arizona Association for the Visually Impaired for $450,000 to build a Church’s Chicken. Isaac Figueroa, with Larsen Baker, handled the sale.
Halter Holdings LLC bought 3,570 square feet of industrial space at 2601 E. Ginter Road from Deft Tuc I LLC for $440,000. Stephen D. Cohen, Andrew Keim and Ron Zimmerman, with Picor, handled the sale.
Blind Echo LLC leased 12,611 square feet at 5335 E. 29th St. from Parker Enterprises Ltd. Dave Hammack and Stephen D. Cohen, with Picor, handled the lease.
Cyclefit Solutions Bicycle Shop leased 1,515 square feet at Shops at Ventana, 6960 E. Sunrise Drive, from Sunrise & Kolb East LLC. Dave Hammack and Greg Furrier, with Picor, handled the lease.
Reading Therapy Center of Southern Arizona leased 1,449 square feet in Craycroft Plaza, 1011 N. Craycroft Road, for a one-on-one tutoring center for children with learning challenges, such as dyslexia, autism, intellectual disability, communication disorders, ADHD, and learning disabilities. It will open early next year. The landlord, Larsen Baker, was represented by its broker Isaac Figueroa.
Light Research Inc. leased 1,216 square feet of office space at Speedway Professional Center, 2302 E. Speedway, from Professional Center LLC. Thomas J. Nieman, with Picor, represented the landlord.
2021 rewind: A look back at Tucson's wild housing market this year
We are sharing Arizona Daily Star reporters' and photographers' favorite work from 2021.
While most housing experts predicted a housing crash at the beginning of the pandemic, the opposite happened.
A mix of Tucsonans working from home who wanted a home upgrade and transplants from the east and west coast sent prices surging.
As a result, home sellers saw cash offers for their homes of up to $50,000 over appraisal and developers of rental units were able to command never-before-seen rents of $3,000 and $4,000 a month.
Even lucrative student-housing projects have started to flip to market-rate units because the demand is so high.
The run-up has posed a challenge for keeping housing costs affordable in the Tucson market and with the Fed's insistence of keeping interest rates low, there is no clear end in sight.
Arizona Daily Star reporter Gabriela Rico covered all of the twists and turns. Check out her work from this year:
While many of the national homebuilders have focused on more amenities into smaller spaces to keep new home prices down, the median cost of a new home still rose to $322,015 in 2020.
The plan would allow for buildings up to 14 and 16 stories tall, with affordable housing, along two miles of Broadway, known as the Sunshine Mile.
High demand and limited supply of rental property in the the Tucson market has one developer converting a student housing complex to traditional apartments.
The desire for mobility and maintenance-free living is driving the demand.
For Star subscribers: The average price of a new home in the Tucson market has reached an eye-popping amount not seen here before.
For Star subscribers: As students flock to high-priced housing near campus, outlying complexes that served them are switching up their clientele.
For Star subscribers: Nearly 200 rentals are opening for Tucsonans in need, but it's a fraction of the demand for affordable housing across Arizona.
For Star subscribers: A new complex aims to fill the void for those who can't afford luxury apartments but don't qualify for affordable housing.