Tenant-Turned-Owner: HVF Precious Metals Buys Tucson Industrial Site for $1.58M

TUCSON, ARIZONA (June 10, 2025)HVF Precious Metals LLC, a Michigan-based precious metals recovery firm, has purchased the 28,930-square-foot industrial facility located at 5657 S. Wilmot Road in Tucson for $1,579,300 ($54.59 PSF). The seller was Allied Industrial, LP of Tucson.

Although the sale closed on May 15, 2025, HVF has been operating at the Wilmot Road site since at least mid-2022, when it was a tenant. In July 2022, the company submitted a petition to the U.S. Environmental Protection Agency (EPA) seeking regulatory variances for its Tucson operations. The EPA formally granted these variances in July 2023, allowing the company to reclaim precious metals from electroplating waste and related materials, with a focus on environmental compliance and efficiency.

The Tucson facility is equipped with a high-capacity furnace capable of processing between 5,000 to 7,500 pounds of material per day at temperatures exceeding 1,500°F. HVF’s services include incineration, strip line processing, melting, and analytical lab work, supporting clients across the electronics and manufacturing industries…

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