2014 Q1 Sales Archive

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Stone Canyon Enclave, aka Stone Canyon Donut Hole, Sells for $3 Million

Enclave Holdings, LLC a company formed by Terry Klipp of Terramar Properties, Inc. of Tucson purchased the conceptual site plan for a new 70-lot residential subdivision, known as Stone Canyon Enclave, for $3 million ($43,000 per lot). Located in Stone Canyon in Rancho Vistoso, north of Tortolita Mountain Circle and east of Hohokam Village Place […]

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“America’s Drive-In” Structures Sale Leaseback worth $3.12 Million in Tucson

The Tucson Sonic Drive-in franchise owner, Stuart Carey, has structured a sale leaseback on six of his nine Sonic restaurants in Tucson for $3.12 million. The sale price was for partial interest in four of the six properties at 2222 E Broadway, 3800 N First Ave, 9439 E Broadway Blvd, and 7940 N Thornydale Road.

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KB Home’s Latest Subdivision at La Cima Esplendora, Tucson

KB Home Tucson purchased 57 P&E lots at the new La Cima Esplendora subdivision, 23.51 acres located on the southwest corner of Houghton Road and Escalante, for $1.6 million ($27,500 per lot). The new residential cluster project has southeast Tucson high elevation lots that provide views of Tucson from this elevation and Rincon Mountains views

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