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Arizona Culinary Institute-Leased Property In Scottsdale Sells to 1031-Exchange Buyer for $4.7 Million

SCOTTSDALE, ARIZONA – CBRE arranged the $4.7 million sale of an 18,035-square-foot property located in Scottsdale, Ariz. to a private, California-based 1031-exchange buyer. The freestanding, single-tenant facility is occupied under a long-term triple-net lease by the Arizona Culinary Institute. CBRE’s Geoff Turbow, Matt Pourcho, Anthony DeLorenzo, Gary Stache, Doug Mack and Bryan Johnson represented the

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DR Horton Acquires 24 Lots at Windmill Ranch

TUCSON, ARIZONA — Windmill Ranch a well kept secret, located in the West Tucson submarket. The new subdivision is near Tucson Mountain Park, west of  San Joaquin and Bopp Roads. DR Horton is building there having recently purchased the 24 lot subdivision for $1.1 million ($45,833 per lot). The minimum lots size is 36,000-square-feet. If

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