2014 Q1 Sales Archive

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City of Tucson to Sell First Three Major Parcels of Surplus Land for Development

Tucson, AZ –  The marketing assignment for several major land parcels owned by the City of Tucson which have been declared surplus by Mayor and Council has been awarded. The first three parcels, located at the northeast, southeast and southwest corners of the new Kino Parkway Overpass and 22nd Street intersection, were brought to market […]

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River Center Sells for $24.8 Million – First Tucson Retail Sale of 2014

First Washington Realty, Inc., through its Global Retail Investors, LLC joint venture, purchased River Center at River and Craycroft in Tucson for $24.8 million ($212 PSF). The 117,000-square-foot retail center had been owned and operated by Larsen Baker, LLC of Tucson for 14-years and was 100% leased at time of sale. The four-anchor center (built

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Tucson area Housing Market Shows Demand and Price Gains for 2013

Tucson Association of Realtors (TAR) released stats for Year-End 2013. Year-over-year unit sales, volume, median and average sales price as well as active listings were all slightly up over 2012. The latest Tucson Association of REALTORS® Multiple Listing Service (TARMLS) report includes both year-to-year (2013 over 2012) and month-to-month (December over November 2013) statistics. Here’s

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