Karen Schutte

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Industrial Buildings Sell to Las Vegas Document Shredding Business for $4.5 Million

Tucson, AZ (March 19, 2024) — Three Industrial Buildings Sold at 1440 S Euclid Avenue & 602 E 24th Street, in Tucson for $4.5 million ($77 PSF). Built in 1972, the buildings comprise 58,661 square feet on a 3-acre lot. The buyer is a document shredding company, Assured Document Destruction, Inc., based in Las Vegas, […]

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Tucson Commercial Lease Report – March 11-15, 2024

TUCSON, ARIZONA (March 18, 2024) — Highlighted this week is a 10,000-square-foot retail lease at Ventana Village Shopping Center, 6884 E. Sunrise Dr. Suite 150 in Tucson to Daiso USA LLC.  Dave Hammack with Cushman & Wakefield | PICOR, represented the landlord. Steve Lenz with Frontera Development, LLC, represented the tenant. The following leases were

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IPA Closes Suburban Tucson Multifamily Asset Sale for $59.8 Million

TUCSON, Ariz., March 15, 2024 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona that sold for $59.8 million ($181,212 per unit / $212 PSF) according to public records. The transaction closed on March 8,

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