TUCSON, AZ (March 5, 2026) — A large Southeast Pima County ranch property known as The Aqua Verde Ranch has changed hands in a $3.05 million investment sale, combining deeded acreage near Vail with substantial grazing rights and water infrastructure.

The Aqua Verde Ranch, located at 18891 E Miller Ranch Road in Vail, encompasses 237.39 acres (about 10.34 million square feet), pricing the land component at approximately $12,848 per acre (or $0.29 per square foot).

The seller was Ray Ranches LLC, represented by Ms. Elizabeth Ray (member), and the buyer was Polley Ranches LLC, represented by Mr. Sam Alan Polley (manager).

In addition to the deeded acreage, the transaction includes approximately 19,500 acres of State, County, and U.S. Forest Service grazing rights and three wells, with the property value annotated as $12,000,000 of personal property tied to those components.

The wells are supported by natural springs and an extensive upgrade to the water distribution system, underscoring the ranch’s operational capability for livestock and land management.

The property is described as being between Vail Hills and the base of the Rincon Mountains, with the ranch bisected by Agua Verde Creek, creating a lush corridor of local flora and fauna while remaining within a short drive of Tucson.

The sale also includes a 1,680-square-foot newly constructed home with two bedrooms and two bathrooms, plus an attached one-bedroom/one-bath apartment with a full kitchen.

Source: RED Comp #12316

PHOENIX, ARIZ. (March 5, 2026) – ULI Arizona will host its inaugural Women’s Leadership Initiative (WLI) Luncheon on April 1, bringing together leaders from across the real estate, development, investment, and civic sectors for an afternoon focused on elevating women’s voices and advancing industry leadership.

The event will feature a fireside chat with Anita Verma-Lallian, one of Arizona’s most influential entrepreneurs and investors whose work spans real estate, film, global capital, and philanthropy.

The luncheon begins at 11:30 a.m. at Evie’s Pavilion at Papago Golf Club, 5595 E. Karsten Way, in Phoenix. The event ends at 1:30 p.m. following a networking session.

Verma-Lallian is the Founder and CEO of Arizona Land Consulting. She has become a sought-after expert in high-stakes land strategy, including major AI data center transactions shaping the region’s economic future. Verma-Lallian is also the founder of Camelback Productions, the first South Asian, female-owned film production company in Arizona, and is a driving force behind philanthropic initiatives that expand opportunity and representation.

“Anita embodies the spirit of innovation, resilience, and community-minded leadership that WLI exists to champion,” said Women’s Leadership Initiative Committee Chair Jennifer Swanton, Director of Business Strategy and Growth, DAVIS. “Her work at the intersection of capital, culture, and community offers a powerful model for the next generation of leaders in our industry.”

The luncheon will offer attendees the opportunity to hear Verma-Lallian’s insights firsthand, explore the evolving landscape of leadership in Arizona, and connect with professionals committed to advancing women across the built-environment fields. The program is open to all ULI members and non-members.

Register here: ULI Arizona Women’s Leadership Initiative Luncheon with Anita Verma-Lallian | ULI Arizona

TUCSON, AZ (March 3, 2026) — Rick Borane of VOLK Company represented the seller, Lauremar Inc., in two recent sales totaling $2,200,000. Both properties are former Famous Sam’s Fun Food & Spirits locations.

8058 N. Oracle Road sold for $1,200,000 and includes approximately 6,600 square feet of improvements on approximately 55,413 square feet of land. The property will be redeveloped into the new corporate headquarters and showroom for the buyer, Area 51 Audio Engineering & Consulting, Inc. The buyer was represented by Omer Kreso and Michael Pedicone of Realty Executives Arizona Territory.

2048 E. Irvington Road sold for $1,000,000 and includes approximately 5,976 square feet of building improvements on approximately 45,120 square feet of land. The buyer, McSpillers Holdings, LLC, plans to redevelop the site into iSmile Dentistry, a dental practice whose team has served the community since 2002.

The seller, which continues to operate Famous Sam’s Fun Food & Spirits at Manzanita Plaza (West Valencia and Cardinal), welcomes loyal patrons and newcomers alike to visit and enjoy the full menu—including Sam’s Famous Hot Pastrami & Cheese Samwich.

For more information, contact Borane at 520.326.3200. Kreso and Pedicone are at 520.247.7480.

Source: RED Comp #12361and 12249