3rd Quarter Sales

TUCSON, Ariz. (October 20, 2023) — Montecito Medical, a Nashville-based REIT, acquired the Pain Institute of Southern Arizona office building at 4741 East Camp Lowell at the Swan Corporate Center in Tucson for $2.9 million ($597 PSF) in a sale-leaseback agreement. The Pain Institute of Southern Arizona (PISA) is a medical practice specializing in Interventional Pain …

PISA Monetizes Real Estate Asset in Sale-Leaseback of Tucson Property Read More »

Tucson, Ariz. (October 19, 2023) – Twenty-four two-bedroom / one-bath units, in two-story buildings at 3234 E Bellevue Street in Tucson sold for $2,917 million ($121,541 per unit). Amenities include a pool and onsite laundry; all units have fenced patios or balconies. Built in 1979, the property had 92% occupancy when sold and an average current …

Sevilla Apartments in Tucson Sells for repositioning Read More »

TUCSON, ARIZONA (October 18, 2023) — Situated just off the southeast corner of Speedway and Wilmot, a ±7,410-square-foot medical office designed with eight exam rooms and seven offices sold. Its design features two potential reception areas with separate entrances, completed in 2006. Located at 6422 E Speedway Blvd., the office sold vacant for $1.425 million …

Medical Office Space Continues to see High Demand Read More »