Former Copenhagen Imports Property Sells for $6.96 Million to Arizona Steel and Ornamental Supply

Copenhagen Imports

TUCSON, ARIZONA (Aug. 6, 2026) — Covenant Properties LLC purchased the former Copenhagen Imports Service and Clearance Center at 3648 and 3764 E. Ajo Way for $6,957,935.

The 61,427-square-foot warehouse, showroom and office property sits on approximately 4.56 acres in Tucson’s south industrial submarket. The sale equates to approximately $113.27 per square foot. The transaction closed July 9, 2026.

HHC Tucson Real Estate LLC, an entity associated with Copenhagen Imports, sold the property.  Jackson Kraft and John Ash with CBRE represented the seller. Raymundo Olvera of Open Realty represented the buyer.

The concrete tilt-up building was constructed in 2005 and includes a mezzanine, showroom, and warehouse space. The property was vacant at the time of sale.

Covenant Properties acquired the property as an owner-user for Arizona Steel and Ornamental Supply, which plans to occupy the facility. Victor M. Olvera is identified as manager of the purchasing entity.

The site is zoned CI-1 for light industrial and warehousing uses and is located near the Palo Verde and Butterfield business districts, with convenient access to Interstate 10 and Tucson International Airport.

Source: RED Comp #12601




Port of Tucson Expansion: Century Park Properties Acquires 61.95 Acres for $5.75 Million

Port of Tucson

TUCSON, Ariz (Aug. 5, 2026) — Century Park Properties LLC, affiliated with the Levin Family Trust, purchased 61.95 acres of industrial land at 6701 S. Wilmot Road in Tucson for $5.75 million, or approximately $92,817 per acre and $2.13 per square foot.

The property is directly adjacent to the Levin family’s Port of Tucson and Century Park holdings, making the acquisition a strategic expansion of the inland port and industrial campus. The site is located north of Interstate 10, near Amazon distribution facilities and the Union Pacific rail corridor.

Zoned for light and heavy industrial uses, the property is suitable for warehouse, distribution, research and development, or industrial park development. Century Park Properties lists an address at 6964 E. Century Park Drive, immediately east of the acquired parcel.

Apollo Gardens LLC, managed by Sukhbinder Khangura, sold the property in an all-cash transaction. Apollo Gardens acquired the land for $4.5 million in April 2022. The latest sales represent an increase of $1.25 million, or approximately 27.8 percent, over slightly more than four years. Three older industrial buildings on the property were considered obsolete and assigned no value in the transaction.

Patrick Welchert, SIOR, of Alpha Commercial Real Estate Service represented the seller and marketed the property. Welchert can be reached at 520.360.9394 or [email protected]. The property was offered at $5.75 million, the same price paid by the buyer.

Marketing materials indicate that environmental and geotechnical studies had been completed and that plans were available for more than 100,000 square feet of development. Utilities serving the site include Tucson Water, Tucson Electric Power and Southwest Gas, with Pima County sewer service nearby.

For more information, contact Welchert at 520.360.9394.

Source: RED Comp #12626




Orange Grove Village Shopping Center Sells in Tucson

Orange Grove Village

TUCSON, ARIZONA (Aug. 4, 2026) — Orange Grove Village, a neighborhood shopping center at the northwest corner of Oracle and Orange Grove roads in Tucson, has sold to BSOP-24, LLC.

The 19,154-square-foot retail center is located at 6421–6453 N. Oracle Road and 400 W. Orange Grove Road. The transaction closed July 27, 2026, for $6,450,000 ($337 PSF).

Orange Grove Village was originally developed in 1964 and remodeled in 2020. The center was approximately 88% occupied at the time of the sale, providing the buyer with an established tenant base along with an opportunity to lease the remaining vacant space.

The property occupies a prominent position at one of the northwest Tucson area’s heavily traveled commercial intersections. Its location provides visibility and access from both Oracle and Orange Grove roads and places the center near established residential neighborhoods, retail businesses, restaurants, and medical services.

Craig Finfrock of Commercial Retail Advisors, LLC represented the seller, S1K, LLC.

Bryan Belk of Franklin Street and Scott Reid of ParaSell, Inc. represented the buyer, BSOP-24, LLC, in the acquisition.

Source: RED Comp #12635