1st Quarter Sales

TUCSON, Arizona -- Mainstreet, one of the largest developers of post-acute properties in the United States, is having a rocky launch for its Rapid Recovery Center offering in Arizona and recently sold off the partially completed transitional care property at 5151 East Pima Street in Tucson for $14.04 million...

TUCSON, ARIZONA – Saguaro Lot Development, Inc. (Scott Lundberg, President) and partners from the Seattle area purchased 825 acres in the Saguaro Ranch luxury community in the higher Tortolita Mountains for $7.2 million, bringing new life to this community in northwest Tucson. “We are excited to bring energy and purpose into...

TUCSON, ARIZONA -- Blue Sky Equity Partners  has added to its hotel portfolio by acquiring the Red Lion Inn & Suites Tucson North Foothills for $7 million ($44,872 per room) and plans to rename and reposition the hotel as a boutique hotel called 3 Palms Tucson North Foothills at...

TUCSON, Arizona – Dave Gallaher, CCIM, of Tucson Industrial Realty has announced the closing of 4625 South 3dr Avenue in Tucson for $850,000 ($36.80 PSF) for the sellers, James and Patricia Novak to Howard Tran, the buyer. Seller was motivated since having sold the business ACS International, formerly known as...

TUCSON, ARIZONA -- Mister Car Wash purchased 1.49 aces of vacant land at Tucson Marketplace at the Bridges located at 2975 South Kino Pkwy in Tucson for $1.4 million ($21.57 PSF). Tucson-based Mister Car Wash continues to expand, now with 266 car washes it operates in 21 states. Prior...

TUCSON, ARIZONA -- Built in 1976, the Campbell Plaza Apartments consist of 30 one-bedroom units in 6 single-story buildings totaling approximately 14,688-square-feet on approximately 1.12 acres. The property at 1811 E Blacklidge Drive in Tucson recently sold for $1.6 million ($53,333 per unit) to Oregon investors, MLIII Investments, LLC and...

ORO VALLEY, Arizona – Pulte Home Company purchased the Saguaros Viejos West subdivision in Oro Valley for $2.838 million ($64,500 per lot). The 44 lots were platted only for 12,000-square-foot lots in this new subdivision located northwest of Naranja and La Cholla Blvd. in Oro Valley. Saguaros Viejos West is...

TUCSON, ARIZONA – An investment group of seven LLCs managed by Steve Grimm of Grimm Commercial has acquired the Fiesta Plaza at the northwest corner of Oracle and River Road in Tucson for $5.3 Million and is planning to bring RoadHouse Cinemas to the site. The acquisition followed the sale...

TUCSON, Arizona -- Volk Company started the year off strong with eight closings in a thirty-day period, totaling almost $8 million, and including four restaurant sales. Brenna Lacey and Kevin Volk of Volk Company represented the seller, Steamroller Pad LLC, in the $2,660,000 net leased investment sale of the Starbucks...

TUCSON, Arizona – A California investor from Alamo, CA, FLM LLC, traded into the acquisition of a Starbucks outpad at 1765 West Valencia Road in Tucson for $2.66 million ($850 PSF). Brenna Lacey and Kevin Volk of Volk Company represented the seller, Steamroller Pad LLC (Richard Volk, manager) in the...

TUCSON, ARIZ. —  MK Tucson Properties, owner of Skin Appeal, purchased expansion space at 1700 East Fort Lowell Rd. Ste. #101 & #102 in Tucson for $723,150 ($136 PSF). The additional 5,317-square-feet in two condominiums were constructed in 2000 in the Fort Lowell Condominiums and will allow expansion for Skin...

TUCSON, Arizona- HSL Properties (Omar Mireles, President) through its affiliate HSL Bear Canyon Apartments, sold Bear Canyon Apartments at 9055 East Catalina Highway in Tucson for $35.6 Million ($150,000 per unit) to M3 Multifamily Fund of Santa Barbara, CA. The property was originally platted for condominiums in 1996 with (72)...