TUCSON, ARIZONA – Vice President David Blanchette, CCIM, of the NAI Horizon Tucson office negotiated the $1.14 million ($194 PSF) acquisition of a 5,874-square-foot retail property at 522 N. 4th Ave., in Tucson. NAI Horizon represented the seller, Stan S. Katz of Encinitas, Calif., in the transaction. Doug Jones of...

PHOENIX, ARIZONA – NAI Horizon Senior Vice President Denise Nunez partnered with Kris Wessel, a commercial specialist with NAI Martens, in negotiating the $3.85 million ($6,672 per unit) sale of Reno Avenue Self Storage in Oklahoma City. Nunez and Wessel represented the seller, a regional self-storage owner/operator. Adam Slovis of...

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

TUCSON, ARIZONA – Epic Real Estate Partners purchased Ventana Village, a 110,116-square-foot grocery-anchored neighborhood center at 6860-6920 East Sunrise Drive in Tucson, Arizona for $21.55 million ($196 PSF). Strategically positioned at the intersection of Sunrise Drive and Kolb Road, Ventana Village is 90.8% occupied and anchored by a high-performing Basha’s...

PHOENIX, Arizona – CBRE has completed the sale of a new Pei Wei ground-lease located at 10450 North 28th Dr. in a dense infill area of Phoenix. The 3,100-square-foot retail property is home to Pei Wei’s new prototype restaurant, which opened in December 2015. The restaurant commanded a sale price...

PACC received $5,000 grant on Aug. 14 to carry foster program forward PIMA COUNTY – Pima Animal Care Center has received a $5,000 award from the Petco Foundation to develop its lifesaving idea of matching at-risk pets with foster parents who live in settings like senior centers. The Petco Foundation...

Scottsdale Psychiatry & Therapy Center Plans Expansion Phoenix, Arizona  –  The Valbuena Institute has purchased a medical office building at 9831 E. Bell Rd. for $1,321,936.00.  The institute will relocate its Valbuena Wellness Center to the property. “This property offered very convenient access to the Loop 101 and enables my...

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from Aug. 4 thru Aug. 11, 2017. INDUSTRIAL – 5120 S Julian DR., TUCSON JUMP! Family Entertainment Center, an indoor bounce house and birthday party destination, leased 14,049-square-feet at 5120 S. Julian Dr., Suite...

Company has experienced 200+% employee head count growth in Phoenix in the last year. Phoenix, Arizona – Varsity Tutors, the live learning company that provides access to more than 30,000 experts on its platform, announced that it is significantly expanding its sales and customer support team and footprint in the...

TUCSON, ARIZONA -- Caterpillar this week unveiled the design of its new building that will be constructed west of Interstate 10. Architects showed neighbors the design for the three-story, 150,000-square-foot building, which will have a masonry base and copper or copper-inspired panels on top. The building, to be named...

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...