3rd Quarter Sales

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Automotive Buyer Acquires 3951 W. Costco Drive in Marana for $1.55 Million

MARANA, Ariz.  (August 20, 2025) — An automotive buyer has purchased 3951 W. Costco Drive in Marana for $1,550,000 ($220 PSF) with plans to owner-occupy the property for an automotive use. The sale closed on August 15, 2025. The 7,033-square-foot building was initially configured into two spaces (5,200 SF and 1,803 SF), but the buyer […]

Automotive Buyer Acquires 3951 W. Costco Drive in Marana for $1.55 Million Read More »

Historic Hinchcliffe Court in Tucson’s El Presidio Neighborhood Sells for $4.58 Million / $457,500 per unit

TUCSON, Ariz. (August 19, 2025)  – The century-old Hinchcliffe Court, a rare Craftsman bungalow property in Tucson’s historic El Presidio neighborhood, has sold for $4,575,000 ($457,500 per unit). The buyer, Red Treasure Arizona LLC, c/o Zhaoyuan Peng, a member of Phoenix, acquired the property from Hinchcliffe Shire LLC, c/o Michael Bransby, a member from Altadena,

Historic Hinchcliffe Court in Tucson’s El Presidio Neighborhood Sells for $4.58 Million / $457,500 per unit Read More »

IPM Investments Enters Tucson Market with $16M Multifamily Portfolio Acquisition

Top left: Villa El Con Casitas, right: Royal El Con Apartments; bottom: Royal Palms Apartments. TUCSON, Ariz. (August 15, 2025) – CBRE has arranged the $16 million ($54,237 per unit) sale of a three-property multifamily portfolio in Tucson totaling 295 units, along with a 2.8-acre multifamily development site. CBRE’s Jeff Casper, first vice president, represented

IPM Investments Enters Tucson Market with $16M Multifamily Portfolio Acquisition Read More »

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