1st Quarter Sales

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Downtown Tucson Industrial Building Sells to RSD, Inc.

TUCSON, ARIZONA — Refrigeration Supplies Distributor (RSD, Inc) purchased 2101-2103 E 19th St for $975,000 ($70 PSF) in the downtown industrial submarket as a distribution hub for air conditioners and air conditioning supplies. Located northeast of Plumer and 19th Street at Aviation Highway, the 14,000-square-foot industrial building was built in 1964 on a .72 acre […]

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Berkadia Arranges the Sale of 3 Apartment Properties in Tucson for $104 Million

TUCSON, ARIZONA — Art and Clint Wadlund with Bercadia Tucson has completed the sale of three apartment properties in Tucson: Villa Bugambilias Apartments, Agave at 22, and Tierra Vida Apartments. The assets sold for $34.75 million ($96,530 per unit), $33.45 million ($125,750 per unit) and $35.75 million ($178,750 per unit) respectively; an aggregate of $103.95

Berkadia Arranges the Sale of 3 Apartment Properties in Tucson for $104 Million Read More »

Tucson’s Equilibrium Villas Trades into Office and Retail Properties for $1.5 Million Aggregate

TUCSON, ARIZONA – Local investment group, Equilibrium Villas LLC, (Sofonias Astatke, managing partner) has purchased the 10,800-square-foot office building at 4067 East Grant Road in Tucson for a sale price of $995,000 ($92 PSF). This was the buyer’s upleg in a 1031 exchange. The seller, Walnut Grant, LLC is Phoenix-based (Bryan Bailey, manager). Equilibrium Realty

Tucson’s Equilibrium Villas Trades into Office and Retail Properties for $1.5 Million Aggregate Read More »

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