The owners of six vacant Phoenix-area Albertson’s grocery stores were faced with a challenge in 2012. The partnership wanted to sell the assets at a time, and in a market, that was saturated with big boxes. Four of these buildings were in the southeast valley, which had been hardest hit by big box vacancy. Retail
Sixth and Final Albertson’s Store in Portfolio Fetches $2.3 Million Read More »
The vacant former site of International School of Tucson (IST) located on the southeast and northeast corner of Lester Street and First Ave in Tucson sold for $832,500 ($100 PSF) for redevelopment. The buyer, Pinnacle Realty Investors LLC of Tucson (Jarrett Reidhead, managing member) is an experienced real estate investor and broker who sees the
Former Private School Site Sells for Redevelopment Read More »
Tucson Small School Project (TSSP) dba City High School purchased the historic building known as the Cele Peterson Building at 37-48 E Pennington Street in Downtown Tucson for $1.8 million ($66 PSF) from Four Peterson, LLC of Tucson (Eva Ann Peterson, Manager). TSSP was founded in 2002 with two primary goals: first, to launch and oversee a
City High School Buys Historic ‘Cele Peterson’ Building Downtown for $1.8 M Read More »