2015 Q2 Sales Archive Archives

Tucson Apartments getting ‘High Interest and Multi-Offers’

Cushman & Wakefield | Picor Multifamily Market Snapshot Q1 is reporting positive absorption and growth in all the important statistical categories for the Tucson multifamily market. Tucson apartments vacancy rates (averaging 8.5%) and average rents ($10.56 PSF) continue to see positive gains, while Tucson continues to generate significant investor interest due to low interest rates […]

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Texas Forestar Buys Land Position at Dove Mountain for $6.1 Million

2015 Q2 Sales Archive, 2nd Quarter Sales, Archive / By Karen Schutte

Austin Texas-based Forestar Group Inc. (NYSE:FOR) purchased TLC Dove Mountain’s position in 88-finished lots at Boulder Bridge Pass in Dove Mountain for $6.1 million ($69,318 per lot) not the finished lot value. Miramonte Homes of Tucson retained builder option on the lots. This is Forestar’s second acquisition since March, when they bought 98-platted lots also

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Lin’s Grand Buffet, Starbucks and Verizon coming to Tucson Marketplace

2015 Q2 Sales Archive, 2nd Quarter Sales, Archive / By Karen Schutte

Tucson Marketplace at the Bridges anchored by Costco and Walmart between Park and Campbell at I-10, will have a new Lin’s Grand Buffet, Starbucks and Verizon there soon. Tucson Park Ave., LLC (Frank Lam, manager) purchased Pad #3, 2.48 acres, for construction of a 10,000-12,000-square-foot Lin’s Grand Buffet. The address at 3387 S Park Avenue,

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