TUCSON, ARIZONA (May 13, 2026) — Roger Soriano and Ana Fuentevilla purchased an office property at 4100 N. 1st Avenue in Tucson from Raskam LLC for $770,000.

The sale equates to $218.07 per square foot. The property was identified as an investment sale.

Built in 1978, the 3,531-square-foot office property sits on 0.37 acres in Tucson’s Central submarket. The property includes two buildings, one totaling 2,871 square feet and one totaling 660 square feet. The improvements include five offices, two conference rooms, a lobby, reception area, break room, kitchen, two restrooms, fenced and gated improvements, and 15 parking spaces.

The property is located along North 1st Avenue near East Roger Road, with access to the Tucson Mall area, the University of Arizona, downtown Tucson, the Catalina Foothills, and nearby resorts and restaurants. Prior marketing highlighted the property’s 1st Avenue frontage and signage visibility.

Molly Gilbert with Cushman & Wakefield | PICOR represented the seller. Danny Roth with OMNI Homes International represented the buyer. Gilbert can be reached at 520.546.2766, and Roth at 520.490.4000.

Source: RED Comp #12475.

TUCSON, ARIZONA (May 14, 2026) — Tucson Real Estate and Investments LLC purchased Sonoran Palms Student Housing, a five-unit multifamily property at 1002 E. Lester Street in Tucson, from Lester Investment Partners LLC for $980,000. The transaction closed on April 29, 2026.

The sale equates to $196,000 per unit, $89,091 per bed, and $200.25 per square foot. The property sold at a reported 6.78% cap rate.

Built in 1967, the 4,894-square-foot property sits on 0.34 acres in Tucson’s Central submarket near the University of Arizona and Banner University Medical Center. The property consists of two buildings with five units: four two-bedroom, one-bath units and one three-bedroom, one-bath unit. The asset also includes a courtyard and individual gas and electric meters.

The property was marketed as Sonoran Palms Student Housing and positioned around its location in a high-demand University of Arizona rental corridor. The buyer, Tucson Real Estate and Investments LLC, is based in Los Angeles and was represented by David Richard Vertieb, a member.

Allan Mendelsberg and Joey Martinez with Cushman & Wakefield | PICOR represented both the seller and buyer in the transaction. Mendelsberg can be reached at 520.546.2721, and Martinez can be reached at 520.546.2730.

Source: RED Comp #12460

TUCSON, AZ (May 12, 206) — A two-tenant retail property occupied by Prep & Pastry on Grant and Sauce Pizza & Wine at 6450 E. Grant Road in Tucson sold for $3,850,000 in an investment sale.

The buyer was Lippow/Bablak 1 LLC and Lippow/Kyrene 1 LLC, affiliates of Lippow Development Company of Martinez, California. The seller was Grant Wilmot Retail LLC of Tucson.

The 6,094-square-foot retail building was constructed in 2015 on approximately 0.86 acres at the Grant Road commercial corridor in Tucson’s northeast submarket. The sale price equates to approximately $631.77 per square foot. The property includes two restaurant units and approximately 50 parking spaces.

The transaction was completed as a 1031 exchange for the buyer, who also owns the nearby Zinburger property and is expanding its investment portfolio in the area.

David Carroll of Paul Ash Commercial Real Estate handled the sale for the buyer and can be reached at 520.795.2100.

Prep & Pastry is a popular Tucson-based breakfast-and-brunch concept, while Sauce Pizza & Wine is a fast-casual restaurant brand known for pizza, pasta, salads, and wine. Their tenancy gives the property strong restaurant visibility along one of Tucson’s established east-side retail corridors.

Source: RED Comp #12476