2nd Quarter Sales

TUCSON, ARIZONA – A new Burger King is planned at Interstate Commerce Park in Tucson. Phoenix- based, Laird Real Estate, LLC (Michael Laird) an affiliate of Laird Management purchased a 47,916-square-foot pad, approximately 1.1 acres, north of the northeast corner of I-10 and Rita Road for a built-to-suit restaurant...

TUCSON, Arizona – The multi-tenant office building at 17 West Wetmore in Tucson sold for $1.25 million ($58 PSF). A 21,473-square-foot 3- story building, built in 1984, has a total of 19,409-square-feet leaseable with approximately 7,375-square-feet (38%) occupied at time of sale. The property was lender owned by Commercial Loan...

TUCSON, Arizona -- Jeramy Price of Volk Company in Tucson represented Quananhdai, LLC of Tucson (Quan Le, member) in its purchase of the 2,650-square-foot building, built 1998, and 28,260-square-feet of land at 5010 South Campbell Avenue in Tucson. The property commanded a sale price of $650,000 ($245 PSF) fully leased...

Payday Auto Loan Building Sold at 3670 East Grant Road to City of Tucson for $420,000 TUCSON, Arizona – When we saw the sale of a property at the southeast corner of Chrysler and Grant Road we got a bit excited and thought it would be a good time for...

TUCSON, Arizona – Amazon recently paid $11.6 million ($145,926 per acre / $3.35 PSF) for its 79.5-acre site at  6701 S Kolb Road in Tucson within the 767-acre Century Park Research Center, an active inland port of Tucson in an active Foreign Trade Zone (FTZ) and an Arizona Enterprise...

SAHUARITA, Arizona -- With the unanimously approval by Pima County Board of Supervisors on June 19, the acquisition of 3.227 acres of land from Sahuarita Unified School District for $621,509 ($4.42 PSF) for the new Sahuarita Library can proceed. Purchasing this property allows the County to build the Sahuarita...

United Development and Christifulli Companies Complete two site sales at The Shops at Valencia TUCSON, ARIZONA – United Development Company of Southlake, Texas and Christifulli Companies of Phoenix, Arizona recently sold an IHOP at 1963 W Valencia and Risas Dental and Braces at 1979 W Valencia sites at their Shops...

TUCSON, ARIZONA -- Fort Lowell Realty & Property Management, Inc. (James Collopy, director) purchased an office building located at 2026 E. Prince Rd. in Tucson, from Prince Road Professional Plaza, LLC (Ione Jitare, member) for $432,099 ($130 PSF) Tucson-based Fort Lowell Realty & Property Management was a tenant for two-years...

TUCSON, ARIZONA – A joint venture between R+R Development, LLC (Randi Dorman and Rob Paulus, members) and Bourn Properties, LLC (Don Bourn, manager), Trinity Project Investors LLC, closed on the first takedown from Trinity Presbyterian Church of Tucson for $700,000 ($21 PSF). The 33,198-square-foot lot is located along University...

TUCSON, Arizona -- Universal Avionics Systems Corporation (“UA”) completed its acquisition by Elbit Systems Ltd. (NASDAQ and TASE: ESLT) with the $21.3 million (133 PSF) sale of its headquarters at 3260 E Universal Way in Tucson. As part of the $120 million acquisition of the assets and operations of...

TUCSON, ARIZONA -- Empty Box, LLC purchased a 2,515-square-foot former Jack in the Box, located southeast of Alvernon Way at 3950 E. 22nd St. in Tucson from an affiliate of 4-D Properties, 3950 E. 22nd Street, LLC for $637,500 ($253 PSF). Naomi and Chris Pershing purchased the Le Cave’s Bakery...

Marana, Arizona -- O’Reilly Auto Enterprises, LLC, dba O’Reilly Auto Parts, purchased a 44,431-square-foot PAD located at 9090 N. Silverbell Road, Marana, AZ for $650,000 ($14.63 PSF). The PAD is in the Safeway anchored shopping center known as Shoppes at Continental Ranch at the southeast corner of Twin Peaks...