Karen Schutte

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Marana’s ‘Tangerine Commerce Park’ Broke Ground Yesterday

The Tangerine Commerce Park at 7753 W Tangerine Road in Marana broke ground Tuesday. The new industrial / office park is block platted for 10-lots zoned F-Planned Development in Marana. Rancho Palomita Associates, LLC of Tucson (Richard Spross, managing member) purchased the 50 acres of land in 2008, and in February 2012 split off and

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Rein & Grossoehme Opens Tucson CRE Office

High-end boutique commercial brokerage firm, Rein & Grossoehme of Scottsdale has established a new regional office in Tucson. Founded in 1993, the firm is celebrating its 20th anniversary. Rein & Grossoehme specializes in the sale of shopping centers, office and industrial buildings, self-storage, single tenant triple net leased properties and commercial land & pads.  They

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AHF American Homes Fund Buys 50 SFR Portfolio for $4.4 Million

A multifamily investor, AHF American Homes Fund (USA), LP, an Arizona limited partnership, purchased a 50 Single Family Home Rental Portfolio in Phoenix for $4.4 million ($88,000 per unit). The Phoenix investment is the buyer’s third bulk single-family home purchase in the past 11 months. The 50 Single Family Home Portfolio is comprised of fifty

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