2nd Quarter Sales

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Tower 16 Capital Partners Acquires 322-Unit Multifamily Property in Tucson for $35.5 Million

Commercial Real Estate Investment Firm Has Acquired Their Third Property in Tucson Since Late 2020 TUCSON, ARIZONA  — Tower 16 Capital Partners (“Tower 16”) has acquired Nottinghill Apartments, a 322-unit multifamily property in Tucson, AZ in an off-market transaction for $35.5 million. Tower 16 was founded in 2017 by principals Mike Farley and Tyler Pruett

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Pulte and Meritage Enter Entrada del Pueblo at Rancho Sahuarita

Rancho Sahuarita housing market continues along at a frenzied pace. SAHUARITA, ARIZONA — The latest 428-lot subdivision in award-winning Rancho Sahuarita Master Planned Community, Entrada Del Pueblo, has all of its lots committed to four home builders now. Pulte closed on 105 SFR lots for $6,507,635 ($61,977 per finished lot) and Meritage closed on 115

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Former Diamond Shamrock at Grant & I-10 in Tucson Sells for $1 Million

TUCSON, ARIZONA – Avila Enterprises of Tucson (Juan Roberto Avila, manager) sold the former Shamrock gas station at 1306 West Grant Road in Tucson for $1 million to PARBHU, LLC of Tucson (Sumit Thathi, manager). Purchased in April for $624,000, the seller was able to resell the property 2 months later. This high traffic site

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