CBRE has completed the sale of the ReCommunity Recycling Center located at 3780 E. Ajo Way in Tucson, Ariz. The asset commanded a sale price of $7 million ($130 PSF). Mike Sandahl, David Blanchette, CCIM and Wyatt Campbell in CBRE’s Tucson office negotiated the transaction on behalf the buyer, S Bragaw II, Bragaw II and
ReCommunity Recycling Center in Tucson Sells for $7 Million Read More »
Multifamily sales of properties in the South and Central submarkets were active in the month of February totaling $8.3 million in sales volume. SOUTH SUBMARKET Lakewood Townhomes LLC of Casabasas, CA (Carolyn Felger, manager) sold the196-unit Lakewood Townhomes & Apartments in 133,938-square-feet at 4200 E Benson Hwy in Tucson for $5.85 million ($29,847 per unit).
Multifamily Sales for South and Central Tucson Total $8.3 Million in February Read More »
La Estancia adds a 25.5 acre commercial block SBH La Estancia, an affiliate of Sunbelt Holdings, a privately-held Scottsdale developer, acquired a 25.55 acre commercial block platted at La Estancia for $1.012 million. In August 2013, Sunbelt purchased the 480-acre La Estancia master planned community at the northwest corner of Kolb and I-10 for a
La Estancia MPC and Marana Main Street Both Well Underway Read More »