2nd Quarter Sales

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Additional Apartment Units Proposed for Downtown Tucson in Two New Projects

Developer Ross Rulney wants to build 144 market-rate apartments in two separate downtown Tucson projects TUCSON, ARIZONA — Fifth Avenue Partmers OF, LLC (Ross Rulney, Manager) recently acquired the former Codac Behavioral Health building at 111 and 127 South Fifth Avenue in Tucson for $1.775 million ($175 PSF or $73 PSF for the land). The

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Starbucks at former Chad’s Steakhouse Site Sells for $2.15 Million

TUCSON, Arizona – Wong Family Limited Partnership acquired the Starbucks Coffee restaurant at 3001 N Swan Road for $2.15 million ($817 PSF) as a triple net investment. The seller, ADG Swan LLC (Steve Grimm and Marcel Dabdoub, members) an affiliate of Aspen Development Group, bought the former Chad’s Steakhouse site on the northwest corner of

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