2014 Q4 Sales Archive

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Redevelopment Imminent for Former El Parador Site

The former John Jacob’s, El Parador Restaurant was sold by HSBC Bank to a local real-estate investment firm, Semro Family Investments (Don Semro) of Tucson, for $410,381 ($10.63 PSF), land value of the C-2 zoned, 38,406-square-foot lot at 2744 E. Broadway Blvd in Tucson. Located at the southwest corner of Broadway and Treat Avenue, the […]

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Four Tucson Industrial Buildings Sold for $2.06 Million

Tin Cup Properties, Kenneth Burke and Orvieto Investments bought four Tucson industrial properties that totaled $2.06 million, all closed Q4, 2014. Tin Cup Properties, LLC (John Lashley) of Tucson purchased the industrial property at 1624 S Euclid Ave in Tucson from Susan J Ollweiler and Linda Marie Ronstadt, as Co-Trustees of the Normal Trust, for

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Medical Building on Ground Lease Sells for $2.9 Million Investment Sale

Redyns Development (Harold Snyder, manager) of Tucson purchased the 11,036-square-foot medical building at 1620 W St. Mary’s Road in Tucson. The building sold with a leased fee interest in the land owned by Carondelet for $2.9 million ($262.78 PSF). The seller was St. Mary’s Silverbell Building, LLC (Mike Wattis, manager) also of Tucson. The building

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