TUCSON, ARIZONA (June 20, 2025) – Tucson I – Buyer has, a Tucson investor, acquired the Glenn Dorado Apartments, a 28-unit multifamily community located at 3839 E. Glenn Street in Tucson, for $2,660,000 ($95.000 per unit). The property was purchased from M&L-LA Properties #2 LP and B Ave Investments LLC of San Diego, in a deal that closed on June 6, 2025.

Glenn Dorado Apartments spans approximately 22,400 square feet and offers a mix of one- and two-bedroom units in a central Tucson location. The community is situated near major thoroughfares, shopping centers, and the University of Arizona, offering tenants convenient access to public transportation and local amenities.

Allan Mendelsberg and Joey Martinez, Principals and multifamily specialists with Cushman & Wakefield | PICOR, represented both the buyer and the seller in the transaction.

“This sale reflects continued investor confidence in Tucson’s in-town multifamily market, particularly for well-located value-add properties,” said Mendelsberg.

The new ownership is expected to implement strategic upgrades to enhance long-term asset value and tenant appeal.

For more information, contact Cushman & Wakefield | PICOR at (520) 748-7100 or visit www.picor.com.

Reference: RED Comp #11943

TUCSON, ARIZONA (June 19, 2025) – A fully leased medical office building at 2155 W. Orange Grove Road in Tucson has sold for $3,109,500 ($299 PSF). The 10,405-square-foot facility, located in the La Naranja Medical Center complex, was acquired by The Kenneth M. Phrang & Cynthia L. Phrang Trust from OGFP Building, LLC. The transaction closed on June 10, 2025.

Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the seller. Ryan Gonzales with Marcus & Millichap Real Estate Investment Services represented the buyer.

The property is home to Orange Grove Family Practice, a well-established primary care clinic offering family and internal medicine services. Staffed by nine licensed providers, the practice serves a diverse patient base and operates Monday through Friday, offering full-service clinical care supported by a 24/7 patient portal.

Strategically located in northwest Tucson, the building benefits from strong visibility along Orange Grove Road, convenient access to major thoroughfares, and proximity to dense residential neighborhoods and healthcare providers. The site offers ample parking, is wheelchair accessible, and is well-positioned for long-term medical office demand.

For more information, contact Richard M. Kleiner at (520) 546‑2745, Alexis Corona at (520) 546‑2729, and Ryan Gonzales in San Diego at (858) 373‑3127.

Reference: RED Comp #11964

TUCSON, Arizona (June 18, 2025) — Circle K Stores Inc. has acquired a 1.6-acre parcel located at 10290 E Tanque Verde Road, at the southwest corner of Tanque Verde and Houghton Roads in East Tucson. The property sold for $1,250,000 on June 2, 2025.

The site, positioned along one of Tucson’s most traveled eastside corridors, offers high visibility and strong accessibility factors that continue to drive commercial development interest in the area.

Jesse Peron and Peter Villaescusa, LLC, with CBRE in Tucson, represented the buyer, Circle K Stores Inc. The seller, SCO Properties, LLC, was self-represented in the transaction.

The acquisition underscores Circle K’s ongoing strategy of securing high-traffic, growth-oriented locations throughout Southern Arizona. The property will be used for a new Circle K Convenience Store and fueling canopy, featuring six fuel pumps, totaling a 5,200-square-foot C-store and a 3,936-square-foot fuel canopy area.

The purchase highlights ongoing demand for well-located land parcels in Tucson’s eastside submarket, particularly at key arterial intersections with established traffic patterns and residential growth.

To learn more, Peron can be reached at 520.323.5130, and Villaescusa is at 520.323.5112.

Reference: RED Comp #11939