TUCSON, ARIZONA (May 15, 2026) — Larsen Baker announced the sale of Craycroft Plaza, a three-building office complex at 1011 N. Craycroft Road in Tucson, for $2.55 million. The sale equates to approximately $92 per square foot.

The property is located on Craycroft Road south of Speedway Boulevard in Tucson’s east submarket and anchored by LabCorp and Southern Arizona Endodontics.  It was sold as an investment asset.

The property is 27,717 square feet on 2.22 acres. The improvements include three masonry office buildings built in 1959.

The sale closed on April 14, 2026.

The seller, Craycroft Plaza, LLC, et al was represented by Isaac Figueroa, CCIM, SIOR, with Larsen Baker. The buyer, MTT Craycroft LLC, was represented by Robert Nolan with Oxford Realty Advisors.

For more information, Figueroa can be reached at 520.296.0200, and Nolan is at 520.232.0200.

Source: RED Comp #12423

TUCSON, ARIZONA (May 13, 2026) — Roger Soriano and Ana Fuentevilla purchased an office property at 4100 N. 1st Avenue in Tucson from Raskam LLC for $770,000.

The sale equates to $218.07 per square foot. The property was identified as an investment sale.

Built in 1978, the 3,531-square-foot office property sits on 0.37 acres in Tucson’s Central submarket. The property includes two buildings, one totaling 2,871 square feet and one totaling 660 square feet. The improvements include five offices, two conference rooms, a lobby, reception area, break room, kitchen, two restrooms, fenced and gated improvements, and 15 parking spaces.

The property is located along North 1st Avenue near East Roger Road, with access to the Tucson Mall area, the University of Arizona, downtown Tucson, the Catalina Foothills, and nearby resorts and restaurants. Prior marketing highlighted the property’s 1st Avenue frontage and signage visibility.

Molly Gilbert with Cushman & Wakefield | PICOR represented the seller. Danny Roth with OMNI Homes International represented the buyer. Gilbert can be reached at 520.546.2766, and Roth at 520.490.4000.

Source: RED Comp #12475.

TUCSON, ARIZONA (May 14, 2026) — Tucson Real Estate and Investments LLC purchased Sonoran Palms Student Housing, a five-unit multifamily property at 1002 E. Lester Street in Tucson, from Lester Investment Partners LLC for $980,000. The transaction closed on April 29, 2026.

The sale equates to $196,000 per unit, $89,091 per bed, and $200.25 per square foot. The property sold at a reported 6.78% cap rate.

Built in 1967, the 4,894-square-foot property sits on 0.34 acres in Tucson’s Central submarket near the University of Arizona and Banner University Medical Center. The property consists of two buildings with five units: four two-bedroom, one-bath units and one three-bedroom, one-bath unit. The asset also includes a courtyard and individual gas and electric meters.

The property was marketed as Sonoran Palms Student Housing and positioned around its location in a high-demand University of Arizona rental corridor. The buyer, Tucson Real Estate and Investments LLC, is based in Los Angeles and was represented by David Richard Vertieb, a member.

Allan Mendelsberg and Joey Martinez with Cushman & Wakefield | PICOR represented both the seller and buyer in the transaction. Mendelsberg can be reached at 520.546.2721, and Martinez can be reached at 520.546.2730.

Source: RED Comp #12460