2016 Q3 Sales Archive

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Pima Pain Center Buys New Location for $1.75 Million

Community Behavioral Health Properties of Southern Arizona, LLC (COPE) sold the 12,358-square-foot office building at 4601 E. Broadway Blvd. in Tucson to Louis River, LLC (Emil Annabi, MD, member) for $1.75 million ($142 PSF). The property sold in a sale leaseback agreement, with seller leasing back the building for three months, while its new location […]

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Colliers International Negotiates Sale of Tucson Area $47.5 Million Apartment Portfolio

Tucson showing strong signs of market recovery Phoenix, AZ — Colliers International in Greater Phoenix has negotiated the sale of a portfolio containing five apartment communities in Tucson.  The properties were the first Arizona acquisition for a Colorado-based investment group and commanded a sale price of $47.5 million ($47,311 per unit) in a bulk portfolio

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Tucson Raytheon Missile Systems Flex Building Sells for $10.5 Million

TUCSON, AZ – Lee & Associates is proud to announce the sale of a 72,000-square-foot former Raytheon Missile Systems flex office building at 3360 E. Hemisphere Loop, Building M10, Tucson for $10.5 million ($145.83 PSF). Lee Principals Jerry Marrell and Dave Johnson negotiated on behalf of DCG IV, LLC, a Seattle-based investment firm. Lee Principal

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