1st Quarter Sales

Tucson, Arizona - Larsen Baker, through its affiliate Manzanita Investment Group, LLC, purchased Manzanita Plaza, a 116,400-square-foot neighborhood center at the northwest corner of Valencia and Cardinal Road in Tucson, Arizona. The purchase price was $15,150,000 ($130 PSF). Built in 1986, Manzanita Plaza is anchored by Safeway, and includes McDonalds,...

TUCSON, ARIZONA -- Vast Commercial Real Estate Solutions (VAST), a full-service commercial real estate and investment brokerage firm, brokered the sale of two retail buildings with a combined 176 feet of frontage on Speedway Blvd located at 4932 and 4940 E Speedway Blvd, Tucson, AZ 85712. Built in 1956 and...

TUCSON, ARIZONA -- Bill Alter is pleased to announce the sale of EZ 8 Self Storage located at 702 W. Silverlake Road in Tucson, Arizona. The sale closed on February 28, 2019 for more than $2,150,000, which represents a price per square foot of about $60 and a cap rate...

TUCSON, ARIZONA – Two Class A office condominiums recently sold at Top of Swan offices at the northeast corner of Swan and Skyline Drive in Tucson.  The 37,469-square-foot project was built in 2015 and offers office condos for sale and for lease with an option to buy. KOA Properties, LLC...

TUCSON, ARIZONA – Richmond American Homes has acquired an additional 74-lots at La Estancia for $4.023 million ($54,360 per finished lot). The 45’ wide lots are the next phase of current offering with Richmond that is priced at $1,208 per finished lot frontage. Richmond is finishing its first 99-lots that...

MARANA, ARIZONA -- In one of the largest number of lots sold in a single transaction for the past year in metro Tucson, Lennar Arizona closed on 195 pre-platted lots at Preserve Twin Peaks located at Twin Peaks and Camino De Manana for $6.7 million ($34,359 per lot). The...

TUCSON, ARIZONA - The KFC leased property at 6872 E. Tanque Verde Rd in Tucson was sold to a local investor, Dahlstrom 9872 Tanque Verde, LLC (Terry Dahlstrom, manager) for $592,262 ($326.50 PSF). The 1,814-square-foot building was built in 1992 with drive thru on a 15,246-square-foot lot near Country...

TUCSON, ARIZONA -- Independence Plaza, situated in the William’s Centre, a master planned office, retail and apartment development at 350 South Williams Blvd in Tucson sold for $2.925 million ($131 PSF) by MedImpact Healthcare Systems of San Diego for expansion. Located in the heart of Tucson’s dynamic East Central Office...

TUCSON, Arizona – A 35,000-square-foot pad at the Bridges sold for $605,323 ($17.29 PSF) by AMPROP Enterprises of Tampa, FL for an 8,000-square-foot Brake Max.  The new Brake Max is expected to have 8-bays when completed near Costco. Tucson Marketplace at the Bridges is located between Park and Campbell at...

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...