1st Quarter Sales

TUCSON, Arizona -- Walter & Sons LLC (Rick Walter, manager) of Tucson bought a 44,736-square-foot industrial building at 4551-4571 S. Alvernon Way from HS-Tucson AZ LLC an affiliate of Holoaloa HDS LLC for $3.865 million ($86 PSF). ). Built in 2000, with I-1 zoning, 24' clear height, a 3-acre...

TUCSON, ARIZONA — Pima Council on Aging purchased the 15,000-square-foot office building located at 600 South Country Club Road in Tucson Arizona for $1,755,000 ($117 PSF). Pima Council on Aging is Pima County’s leading expert on aging well, advocacy, and unbiased information for older people and their families. Founded in...

TUCSON, Arizona – Two multifamily apartment deals totaling 145-units and an aggregate sale price of $8.4 million sold in the first month of 2019.  Multifamily property sales are expected to continue to be a preferred investment with no slowdown in site for Tucson. Colorado investors, Hung N Tran and Nina...

TUCSON, ARIZONA -- ADP building located in Williams Centre, 5452 East Williams Boulevard, traded to Allegretti & Company, Inc., out of Chatsworth, California for $11.025 million ($222.53 PSF). The class-A office building is 100% occupied by Automatic Data Processing (ADP). Allegretti & Company (Joe Allegretti, President) was in a 1031...

TUCSON, ARIZON -- Northwest Exterminating and Northwest Landscaping purchased a 2800-square-foot industrial building and 1.33 acre of vacant excess land in Shamrock Center for an aggregate total of $905,000. The company already occupies the building at 4645 N Shamrock Place and purchased the properties for expansion. The building at 1771...

ORO VALLEY, ARIZONA -- Northland Investment Corporation of Newton, MA (Matthew Gottesdiener, Chief Investment Officer) acquired Canyons at Linda Vista Trail, a 228-unit luxury apartment community in Oro Valley, for $41.25 million ($181,000 per unit). The purchase of the new development completed in 2014 by Boulder Oro Valley (Ross...

TUCSON, Arizona – The iconic DeConcini Building at 2525 E Broadway in Tucson sold for $4.725 million ($147 PSF). The 32,160-square-foot building located on 2.08 acres at the northeast corner of Broadway and Tucson Boulevards was 100% occupied at time of sale and purchased by Broadway Executive Plaza (Robert Assenmacher,...

TUCSON, ARIZONA -- Crandell Holdings, LLC (Aaron Crandell, manager) purchased 4349 E. Tennessee Street from Tucson Industrial Centers Inc. for $620,000 ($74 PSF). The 8,400-square-foot industrial building was built in 1982 on 2.68 acres and has a large fenced storage yard. United Rental, a previous tenant, did a new buildout...

MARANA, ARIZONA – Revere Investments of Mesa (Robert Campbell, manager) purchased 27,000-square-feet of land in Marana for $515,000 ($19 PSF) for construction of a Jack-in-the-Box Restaurant. Located across from McDonalds near Circle K, south of Marana Road on Sandario near the new roundabout. The buyer dedicated a portion of the...

TUCSON, ARIZONA -- Pacific Acquisitions, LLC an affiliate of Bond Commercial Properties purchased a 57,000-square-foot industrial building from Davis Selected Advisors located at 3601 East Britannia Drive in Tucson Arizona for $12.45 million ($218. PSF). The property was fully occupied by a defense related tenant and sold in for investment. The...

TUCSON, Arizona -- David D. Heaton, D.C. and Ida Drucilla Heaton of Tucson purchased the 4,080-square-foot building at 601 N. Craycroft Road in Tucson from United Cerebral Palsy of Southern Arizona (UCPSA) for $448,800 ($110 PSF). Built in 1986 on an 18,900-square-foot lot, the property is located at the southeast...

Oro Valley, Arizona -- Land Advisors Organization (LAO) Closed on $7.721 million in residential land deals in northwest Tucson since the start of 2019. Pulte Home Company plans to plat for development 45 acres of land in Oro Valley at Rancho Vistoso. The land drew a sale price of $4.9...