2nd Quarter Sales

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Former Progressive Service Center Sells for $2.25 Million

TUCSON, AZ (May 23, 2024)—The former Progressive Insurance building at 1305 S Alvernon Way sold for $2.25 million ($155 PSF) at South Alvernon Way and 22nd Street in Tucson. Progressive built the 14,496-square-foot modern office/retail flex building for a service center in 2014 on 3.64 acres and relocated its center and employees from 5255 E […]

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Class A Office Building on Carondelet Drive sells for $3.25 Million

TUCSON, AZ (May 22, 2024) — Golden Parachute Properties, LLC purchased 11,200 square feet of Class A medical office space at 6452 E. Carondelet Dr. in Tucson from AM Properties, LLC for $3,250,000 ($290 PSF). Completed in 2009, the building was 36% occupied at the time of sale, with North Valley Endodontics and Oral Surgery

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Casitas on Los Altos Sold at $102,083 per unit

TUCSON, AZ (May 21, 2024)—Casitas on Los Altos is a 12-unit apartment complex that recently sold for $1,225,000 ($102,083 per unit). Built in 1964, the unit mix consists of (2) one-bedroom / one-bath and (10) two-bedroom / one-bath units with covered parking, storage, backyards, and in-place management in two single-story buildings that had recent capital

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