The following medical office buildings sold in Tucson during Q2 2014: A 2,539-square-foot medical office condo sold to Green Valley Medical Building, LLC of Tucson (Scott Sheftel, MD) at 18855 S La Canada Dr., Unit 1, in Green Valley for Sheftel Dermatology. The property is new construction in Santa Rita Professional Plaza and commanded a […]
Tucson Medical Offices Totaling $4.59 Million in Sales Read More »
Westport Tucson Self Storage, an affiliate of Westport Properties and US Storage of Irvine, CA (Barry Hoeven, president) bought two ‘Lock-It-Lockers’ storage facilities at 4115 E Speedway and 2825 N First Ave. in Tucson for an aggregate total sale price of $4.675 million ($4,942 per unit blended). The property at 4115 E Speedway Blvd commanded
Two Tucson Self Storage Facilities Sell for $4.7 Million Read More »
Four Retail Net Investment Deals Worth $5.4 Million Sold Recently in Tucson The search for yield is pulling more investors toward the retail real estate sector and this has led to a pop in values. Despite its stronger showing, retail remains cheaper than other property types; with cap rates for retail properties closer to 6%
Retail Net Investments Attractive To Investors Read More »