2nd Quarter Sales

TUCSON, ARIZONA – Single tenant net-leased investments, whether retail, office, or industrial properties have become one of the most in-demand type of property investments. Ron Zimmerman of Cushman & Wakefield | Picor tells us he had four offers on the following property within 24 hours of listing it. Santa Ana California investor purchased the 17,428-square-foot […]

TUCSON, Arizona – Lennar Homes closed on 162-platted lots at Valencia Crossing Lots 3 & 4, at the northeast corner of I-10 and Valencia Road for $1.82 million ($11,235 per lot). Valencia Crossing is a planned area development approved in June 2012 that encompasses areas of vacant land to the east and west of the

TUCSON, Arizona – California investors, Ava Terrace Apartments, LLC, Marcus & Jodi Bannon, members) purchased Oakwood Terrace Apartments at 2740 & 2750 N. Balboa Avenue in Tucson for $2.35 million ($40,517 per unit) as a value-add investment. Built in 1963 on 2.48 acres, Oakwood Terrace Apartments is a 58-unit complex located in the northwestern part