2nd Quarter Sales

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Phoenix Investment Firm Acquires Former Bank of America Branch in Oro Valley for $650,000

ORO VALLEY, ARIZONA (May 2, 2025) – MFG SPEC 1, LLC, a Phoenix-based CRE investment firm managed by William Finch, has acquired the former Bank of America branch at 12132 N Rancho Vistoso Blvd in Oro Valley, Arizona. The purchase price was $650,000 ($145 PSF), and the transaction closed on April 23, 2025. Bank of […]

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Elliott Bay Medical Properties Acquires Fully Leased Tucson Medical Office for $5.5 Million

PISA, 4881 E. Grant Road, Tucson TUCSON, ARIZONA (May 1, 2025) – Seattle-based Elliott Bay Medical Properties Holdings III, LLC has acquired a 15,000-square-foot medical office building at 4881 E. Grant Road in Tucson for $5,500,000 ($372.35 PSF). The seller was a Tucson-based private investment group. “This is a highly desirable medical office asset that

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CBRE Facilitates Two Sales in Phoenix and Tucson

The office and industrial properties traded in 1031 exchanges. PHOENIX & TUCSON (May 1, 2025) – CBRE negotiated the all-cash sale of two single-tenant properties in Phoenix and Tucson, totaling $5.65 million. A buyer undergoing a 1031 exchange purchased a single-tenant medical office building in North Phoenix and a single-tenant industrial building in Tucson. CBRE’s Geoffrey

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