2nd Quarter Sales

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Cox Communication Tucson Office Sells for $8.15 Million in Single-Tenant Net Leased Sale

TUCSON, ARIZONA – Cox Communications Corporate Office at 1440 East 15th Street in Tucson sold in a net lease transaction for $8.15 million ($263 PSF). The 28,591-square-foot building on 4.86-acres was built in 1988 as a built-to-suit for another television station and was later used for a local radio station. The radio tower continues to

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Tucson Multifamily Asset Sale Closed by Institutional Property Advisors

TUCSON, Arizona – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Canyon Heights, a 196-unit multifamily property in Tucson, Arizona. The property at 550 N Pantano Rd. in Tucson traded for $33 million, or $168,367 per unit. “Demand for multifamily assets in Tucson continues to escalate

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California Investor Buys Two-Tenant Property within Rio Verde Village

Newly Constructed Tucson Center Offers Investor Full Occupancy TUCSON, ARIZONA – A California investor has purchased a two-tenant property within Rio Verde Village in Tucson for a price of $4.75 million. The Class-A property, located at 5590 E. River Rd., is newly constructed and fully leased. This property provides the buyer with two durable, high-quality,

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