2nd Quarter Sales

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Downtown Pioneer Building Sold at Auction for $3.8 Million

TUCSON, AZ (June 18, 2024)—The Pioneer Building, one of the first high-rise buildings in Tucson, was sold at auction for $3,792,500 ($27.49 PSF). The seller was an affiliate of Holualoa Arizona, Inc., and the buyer was Pioneer Tucson, LLC, a California investor. Constructed in 1929 as the Pioneer Hotel, it was later converted to office […]

Downtown Pioneer Building Sold at Auction for $3.8 Million Read More »

Tucson Auto Museum Buys Former Hidden Valley Inn for $2.76 Million

TUCSON, AZ (June 14, 2024)—Tucson’s Gould Family, renowned for their deep-rooted passion for classic cars, has acquired the former Hidden Valley Inn at 4825 N Sabino Canyon Road. The building will now be transformed into the Tucson Auto Museum. The 25,000-square-foot asset sold for $2,758,00 ($107 PSF). The Hidden Valley Inn closed its doors in

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Marcus & Millichap Negotiates the Sale of Midtown on 1st, a 94-Unit Multifamily Property in Tucson

TUCSON, Ariz., June 11, 2024 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced today the sale of Midtown on 1st, a 94-unit apartment property located in Tucson, Arizona. The asset sold for $13,600,000 ($144,680 per unit) and closed on May

Marcus & Millichap Negotiates the Sale of Midtown on 1st, a 94-Unit Multifamily Property in Tucson Read More »

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