Framingham, Mass-based Staples, one of the country’s biggest retailers, began last March a two-year plan to close 225, or roughly 12%, of its North American stores, and downsize the remaining ones to be half the size. In November, Staples leaving Tucson, announced its aim to close 170 stores in North America in 2014, up from a […]
Staples leaving Tucson, adds another Phoenix store to Close Read More »
Prestige Assisted Living at 1175 S Abrego Drive in Green Valley, Arizona changed hands for $13.9 million ($178,205 per unit) in a portfolio of eight properties to Ventas, Inc. of Chicago, Ill. Prestige will continue to operate the facility under the name of Prestige Assisted Living of Green Valley. The 39,812-square-foot Green Valley facility (built
Chicago REIT Acquires Prestige Assisted Living of Green Valley for $13.9 M Read More »
Colony Financial, Inc. (NYSE:CLNY) has acquired the multi-tenant Tucson industrial building at 6161 S Palo Verde Road in Tucson for $7.7 million ($60 PSF) as part of a 256 asset portfolio valued at $1.6 billion. Built in 1996, the 128,941-square-foot Palo Verde building was leased to tenants such Amcor in 83,139-square-feet, and Cactus Portable Storage
Tucson Industrial Asset Sells in $1.6 Billion Portfolio Sale Read More »