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CBRE Arranges Sale of Sonoran Reserve Multifamily Property for $58.5 Million

CBRE represented the seller Holualoa Companies TUCSON, ARIZONA – CBRE represented Holualoa Companies in the recent sale of the Sonoran Reserve apartment community to Milburn & Company that sold for $58.5 million ($215,074 per unit). The property is located at 2800 W. Broadway Blvd. in Tucson and is comprised of 272 units. CBRE professionals involved …

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Chuck E. Cheese Corporate Purchases Franchisee’s East Tucson Location

TUCSON, AZ – Chuck E. Cheese Corporation has purchased franchisee’s 15,184-square-foot building situated on 2.33 acres of land located at 6125 E. Speedway Blvd., Tucson, AZ. Chuck E. Cheese is the #1 operator in the family entertainment industry in the world, with 659 locations. The asset was purchased from the Franchisee for $3.3 million ($217 …

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Aerie Northwest Land Acquired for $3.7 Million to build Luxury Apartment Homes

TUCSON, ARIZONA – Aerie Development affiliate, Aerie Northwest, paid $3.7 million for 12.7-acres at 2050 W Oracle Jaynes Station Road for its latest luxury multifamily project.  Located at La Cholla and Oracle Jayne Station, the property is adjacent to The Fountains at La Cholla. Aerie Development (Roger Karber, manager) took over an existing escrow between …

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