Development Slated, Lease Signed by Banner Alzheimer’s Institute for Multidisciplinary Memory Center in Tucson

Hacienda Professional Office, LLC is poised to begin development of a build-to-suit, Class A office building at 2626 East River Road (southeast corner of River Road and Hacienda del Sol Road within Tucson city limits) for end user Banner Alzheimer’s Institute. Groundbreaking is anticipated this summer. The project will be adjacent to The Hacienda at the River, a Watermark community encompassing assisted living, memory care, Medicare-certified skilled nursing and rehabilitation, integrative therapies including equine therapy, and hospice services.

Banner Alzheimer’s Institute has entered into a long term lease to occupy 10,000 square feet of the build-to-suit Class A office building. The remaining 5,000 square feet of leasable Class A office space is represented by David Montijo, CBRE.

The new building will be home to a Tucson expansion of Banner Alzheimer’s Institute’s globally respected program in Phoenix.  Banner Alzheimer’s Institute in Tucson will see patients with cognitive disorders to provide diagnostic evaluations, individualized treatment plans and ongoing support from an experienced team.

Developer of the 15,000-square foot build-to-suit building is Michael R. Wattis Inc. Architect is Highton Company Commercial Architectural Services. Contractor is W.E. O’Neil Construction Co. of Arizona.

About Michael R. Wattis, Inc.
Michael R. Wattis, Inc., a closely held real estate development firm specializing in industrial and commercial build-to-suit developments, brings over 25 years of commercial real estate and development experience to this project. Over three decades in Tucson, Wattis has attentively nurtured business relationships with a network of principals in real estate and related disciplines. These positive, long-term relationships have led Wattis to diverse opportunities in real estate development primarily in Southern Arizona.

About Banner Alzheimer’s Institute
Through its research and care, Banner Alzheimer’s Institute is dedicated to the goal of ending Alzheimer’s disease without losing another generation. Founded in 2006 by Banner Health, one of the country’s largest nonprofit health care systems, BAI has a three-fold focus: to conduct revolutionary studies in the detection, treatment and prevention of Alzheimer’s; to set a national standard of patient and family care; and to forge scientific collaborations that bring together institutions and disciplines internationally. For more information visit www.banneralz.org; to support our programs and services go to give.bannerhealth.com/Alzheimers.
 

Contact Information

Michael R. Wattis

Developer

Michael R. Wattis Inc.

(1) 520-886-8806

mike@wattisinc.com