2nd Quarter Sales

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CBRE Announces $803,000 Sale of STNL Smoothie King, Tucson, Ariz. to Mid State Real Property Investments, LLC

Tucson, Arizona – CBRE announced the sale of a single-tenant net investment sale of a Smoothie King, Tucson, Ariz. sold to Mid State Real Property Investments, LLC. for $803,000 ($608 PSF). CBRE’s Nancy McClure and John Ash in Tucson represented, Entrada Contenta Lot 2, a New Mexico LLC, who was the original developer on its

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Mattamy Homes Acquires Key position in Vail Submarket

TUCSON, ARIZONA — Mattamy Homes purchased 189-lots in Phase II of Rincon Knolls in Vail. The fully approved, platted and engineered lots were purchased for $5,200,000 or approximately $27,500 per lot. The seller in the transaction was TTLC Rincon Knolls, LLC (Aidan Barry, Manager). The phase is made up of a balanced mix of lots,

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Highest Price Per SF 2020 Retail Pad Sells at Oracle & Limberlost for a Panda Express

TUCSON, ARIZONA – CFT NV Developments, LLC of Las Vegas, NV (Mickey Wong, Manager) recently purchased a 23,708-square-foot pad at Tucson Fiesta Center, 4241 N Oracle Road in Tucson for $1.68 million ($71 PSF) from EVT Tucson Fiesta, LLC (Jason Eisenberg, Manager). Located at the northwest corner of Limberlost and Oracle Roads, the site will

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