Mattamy Homes Expands in Vail with $6.75M Windmill Ridge Lot Purchase

TUCSON, AZ, (February 27, 2026) — Mattamy Homes, the largest privately owned homebuilder in North America, continues to deepen its commitment to the Tucson market with the acquisition of 54 additional finished lots in Windmill Ridge at Mountain View Ranch, located in the highly desirable community of Vail, Arizona.

Mattamy Tucson LLC closed on the 54-lot purchase for $6,753,024 on February 18, 2026. Briana Rader, Director of Land Acquisition for Mattamy, coordinated the purchase. The seller in the transaction was Windmill Ridge Development, LLC. This comes on the heels of their successful acquisition of the initial 50 lots in December. See REDaily News for prior sale here

This acquisition marks yet another strategic move by Mattamy within the larger Mountain View Ranch master-planned community, reinforcing its long-term growth vision in the southeast Tucson submarket. The lots will support Mattamy’s signature single-story product line, featuring spacious floorplans on oversized homesites that have resonated strongly with Tucson buyers.

The Windmill Ridge transactions were handled by Will White and John Carroll of the Land Advisors Organization in Tucson. Land Advisors retains the assignment for additional phases of Mountain View Ranch.

“Mattamy’s has put this location on the map. Its continued investment in Mountain View Ranch speaks to how dramatically this location has matured,” White commented. “Vail submarket continues to be one of the most sought-after addresses in the greater Tucson area. We expect a lot of activity at SR 83 and I-10 over the next 24 months.  The demand for well-positioned platted and finished lots here remains as strong as we’ve ever seen it.”

See also RED Comp #12350




Capital Bay Partners acquires 10.9-acre Arizona Building Supply yard in Tucson

Arizona Building Supply
TUCSON, ARIZONA  (February 26, 2026) – Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the successful sale of a 45,042 SF industrial asset located at 450 E. Irvington Road in Tucson, Arizona. The transaction closed for a total consideration of $4.9 million ($108.78 PSF).

Jeff Hays and Sam Rutledge of CPI represented the buyer, 450 Propco Tucson (Capital Bay Partners), in the acquisition. The purchase highlights the continued institutional and private demand for high-utility industrial assets within the Tucson South submarket. ” We’re excited to add this asset to our portfolio and continue expanding our footprint in high-demand industrial markets, stated Capital Bay Partners. “Thank you to Jeff Hays and Samuel Rutledge for getting this deal smoothly across the finish line.”

The property, situated on a sprawling ±10.9-acre site, features approximately 45,000 square feet of industrial buildings. Notably, the site is a well-established hub for building material distribution, currently 100% leased to Arizona Building Supply (a division of US LBM). Its strategic location provides exceptional logistical advantages, as it sits just one mile from Interstate 10 and approximately four miles from Tucson International Airport.

“This acquisition represents a significant opportunity for our client to secure a mission-critical industrial site with substantial outdoor storage—a commodity that is increasingly scarce in today’s market,” said Jeff Hays, Senior Vice President at CPI. “The combination of a long-standing tenant and the property’s proximity to major transportation infrastructure makes it a premier addition to Capital Bay Partners’ portfolio. We’d like to recognize Brandon Pike and Justin Smith with Capital Bay Partners and the Listing Broker, Mark Williams, with Preferred Real Estate Brokers.”

The site’s features include a functional warehouse layout, an active rail spur, and extensive usable acreage zoned for Light Industrial (I-1) use. This sale follows a strong year of activity for the Hays/Rutledge team, which remains a dominant force in the Arizona industrial and Industrial Outdoor Storage (IOS) sectors.

For additional information, please contact Jeff Hays at [email protected] or (480) 889-25525, or Sam Rutledge at [email protected] or (480) 621-3292.

Source: RED Comp #12340




Copper Creek Apartments in East Tucson Sells for $11.08M

Copper Creek Apartments

TUCSON, AZ (February 25, 2026)Copper Creek Apartments, a 99-unit multifamily community at 6666 E. Golf Links Road in Tucson’s East submarket, sold Feb. 18, 2026, for $11.075 million, according to the recorded transaction. The sale equates to approximately $111,868 per unit / $119.38 per square foot for the 92,772-square-foot property. The community was built in 1973 and sits on roughly 6.3 acres within the Vista del Prado subdivision.

The buyer was NorthStar Management and Consulting Inc., a Tucson-based multifamily owner/operator headquartered at 140 E. 4th St. The seller was AndMark Copper Creek Apartments, LLC, an affiliate of AndMark Investment Fund V LLC of Los Angeles.

NorthStar’s Ramona Meyer, as president, positioned the firm as an apartment portfolio operator and property manager in Southern Arizona.

Copper Creek’s physical profile is typical of legacy, garden-style inventory that continues to trade in Tucson due to durable renter demand and the ability to drive value through operations and targeted capital improvements. The property is described as (31) two-story buildings and a clubhouse, with a unit mix weighted toward family-sized layouts: (16) one-bedroom/one-bath units, (48) two-bedroom/one-bath units, and (35) three-bedroom/1.5-bath units. The average unit size is about 900 square feet. Amenities include a business center, clubhouse, pool, fitness center, laundry facilities, resident lounge, playground, basketball court, and a pet play area.

The transaction was marketed and closed through Marcus & Millichap’s Tucson office, operating through Institutional Property Advisors (IPA), with Hamid Panahi and Clint Wadlund shown as contacts on the listing/selling sides.

The price level—roughly $112,000 per unit—underscores continued investor appetite for well-located, workforce-oriented communities where rents can be supported by nearby retail/services and commuter access along the major eastside corridor.

For more information, Wadlund can be reached at 520.349.0621, and Panahi can be reached at 520.719.6511.

Source: RED Comp #12346