2nd Quarter Sales

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Retail and Land Transactions Worth $6.89 Million Reported by VOLK Company

TUCSON, AZ, April 26, 2023 — The former U-Like Buffet restaurant building at 5101 N Oracle Rd. in Tucson sold for $3.48 million ($204 PSF). The 17,050-square-foot building (built in 1988) was vacant at River and Oracle Road is being repurposed for a medical/surgical center. The asset closed on April 7, 2023. Rick Borane of […]

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CBRE Arranges $110 Million Sale of JW Marriott Tucson Starr Pass Resort & Spa

TUCSON, Ariz. – April 25, 2023 – CBRE has facilitated the sale of the JW Marriott Tucson Starr Pass Resort & Spa, a 575-key resort located at 3800 West Starr Pass Blvd., in Tucson,Arizona. Southwest Value Partners purchased the property for $110 million ($191,304,348 per room). Christian Charre, Jennifer Bergamo, Paul Weimer, and Jennifer Jin

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Marcus & Millichap Announces the Sale of Portillo’s, an 8,000-SF Net-Leased Property in Tucson

TUCSON, Ariz., April 25, 2023 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Portillo’s, a 8,000-square-foot net-leased property located in Tucson, Arizona. The asset sold for $5,650,000 ($708 PSF) Mark Ruble and Chris Lind, investment specialists

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