1st Quarter Sales

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Industrial Buildings Sell to Las Vegas Document Shredding Business for $4.5 Million

Tucson, AZ (March 19, 2024) — Three Industrial Buildings Sold at 1440 S Euclid Avenue & 602 E 24th Street, in Tucson for $4.5 million ($77 PSF). Built in 1972, the buildings comprise 58,661 square feet on a 3-acre lot. The buyer is a document shredding company, Assured Document Destruction, Inc., based in Las Vegas, […]

Industrial Buildings Sell to Las Vegas Document Shredding Business for $4.5 Million Read More »

IPA Closes Suburban Tucson Multifamily Asset Sale for $59.8 Million

TUCSON, Ariz., March 15, 2024 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona that sold for $59.8 million ($181,212 per unit / $212 PSF) according to public records. The transaction closed on March 8,

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Significant retail Pad at Las Plazas at Old Vail Sells, Attracting 4 New Tenants

VAIL, AZ (March 13, 2024)—Lot 12 at Old Vail Plaza, at the northwest corner of Houghton and Old Vail Road, is an 11,989-square-foot land parcel that recently sold for $725,000 ($60.47 PSF). It was purchased to construct a 7,500-square-foot retail building for four pre-leased tenants:  Rock & Roll Sushi, Body Fit Training (BFT) Fitness, Jerimiah

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