TUCSON, AZ (December 19, 2024) -- M&A Building Ventures of Tucson (Andre Spindler, manager) has acquired the 14,116-square-foot multi-tenant office building located at 3530 N Camp Abierto for $2.9 million ($205 PSF). This strategic purchase further strengthens M&A Building Ventures' growing portfolio and underscores its commitment to expanding its presence in key real estate markets.
The property, situated on 1.53 acres in a prime location in the Northeast Tucson submarket between Skyline and Sunrise Drives in the Catalina Foothills, offers significant potential for value appreciation. M&A Building Ventures intends to leverage its expertise to enhance the property’s value through potential improvements and development opportunities that align with its long-term growth strategy.
Dave Volk of VOLK Company represented M&A Building Ventures in the transaction that closed on December 4, 2024.
The seller, Waldemere LLC, was represented by Mark and Janine Irvin of Mark Irvin Commercial Real Estate Services of Tucson.
For more information on this transaction, Volk can be contacted at 520.326.3200 or the Irvins at 520.620.1833.
To learn more, subscribers can refer to RED Comp #11630 for details.