2nd Quarter Sales

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Marcus & Millichap Arranges the Sale of a 3-Tenant NNN Retail Property in Tucson

TUCSON, ARIZONA – Marcus & Millichap (NYSE: MMI) announced today the sale of a 4,832-square-foot retail property 100% leased to a diverse tenant profile in Tucson, Arizona. Tenants include Sprint, Long Realty, and Zanes Law, all three of which have triple-net leases. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset

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Large Vacant Retail Building on Fort Lowell in Tucson Sells for Medical Use Conversion

TUCSON, ARIZONA – West Coast Capital Partners bought the vacant building at 3700 E Fort Lowell in Tucson for $1.325 million ($73 PSF). The 18,210-square-foot building was built in 1990 and most recently occupied by a Circus Furniture store after it was used as a California Design Center. The building had extensive vandalism to it

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Six Tucson Apartment Communities Fetch $7.3 Million

TUCSON, ARIZONA – In the midst of the COVID-19 crisis, the multifamily team of Allan Mendelsberg and Conrad Martinez of Cushman & Wakefield | Picor have closed on six apartment communities with an aggregate value of $7.3 million. The Carlton Apartments at 4363 E 2nd Street in Tucson sold for $1.625 million ($45,139 per unit)

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