DR Horton has seen some success in the southern submarket of Tucson. In Sahuarita Highlands DR Horton took down an additional five finished SFR lots for $225,923 ($45,185 per lot); its second to last takedown from Tucson-based, Red Point Development (Daniel Leung, president) in this one-acre + lot subdivision. Dan Feig and Aaron Mendenhall of […]
Home Builders See More Success with Recent Lots Purchased in Tucson Read More »
The CVS Pharmacy at 6310 E Broadway in Tucson has sold in an investment sale to Phoenix-based American Realty Capital Properties, Inc.(ARCP) for $5.45 million ($374 PSF). The 14,576-square-foot building (built 2013) on 2.3 acres is located at the southeast corner of Broadway and Wilmot with a drive-thru. The CVS opened October, 2013. ARCP is
ARCP Buys CVS Pharmacy at Broadway & Wilmot for $5.45 Million Read More »
Largest Multifamily Portfolio Sale in Tucson Since 2010 Colliers International in Greater Phoenix recently completed the sale of four Class B multifamily value-add properties in Tucson for an aggregate of $34.65 million ($29,717 per unit) for the 1,166-unit portfolio in four properties. Omninet Capital, LLC, of Beverly Hills, Calif., purchased the four properties from Gaines
4 Multifamily Properties on Tucson’s Eastside Sell for $34.65M Read More »