2nd Quarter Sales

TUCSON, ARIZONA -- The River 5, LLC (Otto R Bohon, Jr., manager) purchased a 3,926-square-foot office condominium, Suite 208, located in Mesquite Corporate Centre, 1640 E. River Rd. in Tucson.  The class-A office condominium was purchased from the George and Jane Caughman Family Trust of California for $778,989 ($198...

MARANA, Arizona – Arizona Restoration Pros of Tucson (Paul Redman) purchased lot 9, a 24,059-square-foot lot, at Orange Grove I-10 Plaza for $140,745 ($5.85 PSF). The buyer plans to use the site for future construct of a building to be owner occupied by Arizona Restoration Pros, a company specialized in...

Tucson, Arizona – Majestyk Tucson, LLC (Michael Bennian, manager) of Scottsdale purchased the property located at 2530-2532 S. Harrison Road and 9425 E. Golf Links Road, Tucson, Arizona for $375,000 ($117 PSF).   The approximately 3,200-square-feet of retail space in Harrison Plaza was built in 1997 and is the end...

Picor Handles $3.47 Million in Multifamily Sales Tucson TUCSON, Arizona -- Allan Mendelsberg with Cushman & Wakefield | Picor closed on an aggregate of 48-units for $3.465 million ($61,625 per unit) in Tucson recently in four transactions. California-based, Brad Land Investors, LLC and The Martin and Stacey Cohan Trust bought an...

TUCSON, Arizona – Kyle Kolsrud, a Culver’s franchisee, closed on a 41,387-square-foot lot at the Shops on Valencia for $1.3 million ($31.40 PSF). This will be the third Culver’s operated by Kolsrud in metro Tucson and to be located at Valencia and Headley in the Midvale Park area. The seller...

TUCSON, Arizona – STRR Investments of Houston (Rehman Ahmed (manager) has closed on a 39,120-square-foot pad at Tucson Marketplace at the Bridges. For $675,000 ($17.25 PSF). The site in located north of the northeast corner of Kino Parkway and Tucson Market Place Blvd. KFC is joining Mister Car Wash, Discount...

TUCSON, ARIZONA -- Phoenix-based, Presson Corporation (Daryl Burton, President) purchased the 29th Street Business Plaza, a 72,190-square-foot industrial zoned flex property located at 4901-5069 East 29th Street in Tucson for $3.075 million ($42.60 PSF). Built in 1976, the 60 warehouse / incubator style flex units were originally 1,200-square-feet each on...

MARANA, AZ --  The LeClaire Group of Marcus & Millichap (NYSE: MMI) of Denver brokered the sale of National RV Central, a 125,015-square-foot enclosed RV storage facility located at 6260 North Travel Center Drive in Marana, AZ for $6.74 million ($54 PSF). Located in the Orange Grove I-10 Plaza,...

HSL continues to grow its eastside holdings with addition of prime Houghton road parcel TUCSON, Arizona – HSL Houghton Apartments, LLC, and affiliate of Tucson-based, HSL Properties (Omar Mireles, president) closed on a second site in the Vail submarket for $4.083 million from Mattamy Homes. The approximate 17 acre site is located...

Union on Sixth Brings 165 market rate apartments and 7,000 SF additional commercial / retail space to 4th Avenue TUCSON, ARIZONA – GEdR Union on 6th, LLC recently closed on an assemblage of 1.4 acres at the southwest corner of Sixth Street and Fourth Avenue in Tucson for $5.5 Million...

ORO VALLEY, Ariz. – Miles Labeling Company (Paul J. Miles, president) purchased the building at 2300 E Vistoso Commerce Loop in Oro Valley recently for $1.125 million ($95 PSF) from Anthem Equity Group. Miles Labeling Company is a 107-year-old printing business that lost its building on North Business Park Drive,...

TUCSON, ARIZONA -- Benson-DBS, LLC, a California investor from Rancho Mission Viejo, CA, purchased the brand-new Dollar General located at 28890 S. Nogales Highway in Amado, AZ.  The 9,100-square-foot Dollar General, that opened last week, was purchased from DCM Development Company, LLC for $1,642,800 ($180.53 PSF).  The store sits...