Tuesday, July 16, 2019

Long Realty Sells Titan II Missile Bunker in Marana for $1.5...

TUCSON, Arizona -- What was once one of America's most top secret places is now Acacia Nursery at 8080 West Tangerine Road in Marana. GreyWolfe Investments of Gilbert bought the 10-acre site for $1.5 million ($150,000 per acre). Divided into two parcels, five acres holds Acacia Nursery business and...

Tractor Supply Center to be joined by Goodwill Store at Midvale...

TUCSON, ARIZONA –  Earlier this year, Tucson South Development Group LLC, an affiliate of Long Development Corporation (David Long, president) purchased 5.34-acres south of the southeast corner of Indian Agency Rd and Valencia Rd in the Midvale Park Shopping Center in Tucson, Arizona to split into two lots. The construction...

Denny’s America’s Diner Coming to Houghton Town Center

TUCSON, Arizona – Feast Properties, LLC of Murrieta, California, the construction arm for Denny’s Restaurants, purchased a pad at Houghton Town Center for $575,000 ($20 PSF). Ready for construction, Vail should have its first Denny’s sometime next year right along with the McDonalds that has started construction at Houghton...

Government Leased Building Sells for $10 Million in Tucson

TUCSON, ARIZONA – Chicago-based, Boyd Watterson Asset Management affiliate, Boyd State Tucson, LLC (Kristen Frank, VP Asset Management) bought the building at 2255 West Ina Road in Tucson for $10 million ($216 PSF) in an all-cash transaction. The 3-story, 46,094-square-foot, high profile building was fully leased to government agencies at...

Marana El Pollo Loco Investment Sale Concluded for $2.56 Million

TUCSON, Arizona - El Pollo Loco at 3781 W Ina Road sold for $2.56 million ($771 PSF) in an investment sale. The former Burger King restaurant site was sold and converted by WKS Restaurant Group (Roland Spongberg, CEO) in 2015 to El Pollo Loco. Headquartered in Lakewood, California, WKS Restaurant...

Twin Peaks Retail Property in Marana Sells for $5.12 Million

Marana, Arizona -- 7455-7475 W Twin Peaks Road in Marana sold to John Kai, Jr., LLC for $5.12 million ($275 PSF). This is the second purchase at Twin Peaks Plaza for the investor. Earlier this year, 7555 W. Twin Peaks Rd, an 8,540-square-foot retail pad building, was purchased for $2 million...

Harsh Investment Acquires Another Tucson Industrial Property for $10.5 Million

TUCSON ARIZONA – Harsch Investment Properties, a Portland-based real estate investment, development and management company, continued its aggressive growth in Tucson, Arizona with the purchase of 2201 East Medina Road in Tucson for $10.5 million ($72.50 PSF) from Intercontinental Real Estate Corporation of Boston, MA. The property is 144,900-square-feet and...

C&W Picor Handles Sale of Southern Arizona Urgent Care for $2.9...

TUCSON, Arizona - Dermody Family Limited Partnership I of Reno, Nevada purchased a 5,274-square-foot retail building located at 90 W. River Rd. in Tucson, from 90 W River, LLC for $2.855 million ($541 PSF). The property was fully occupied by Southern Arizona Urgent Care and sold in an investment...

Northwest Fire District Expanding in High Growth Northwest Tucson

Marana, Arizona – Northwest Fire District (NWFD) knowing time is of the essence in an emergency has purchased two new sites for stations: a 2.76-acre parcel in Dove Mountain for $735,781 ($6.12 PSF) and a 1.48-acre lot at Gladden Farms for $400,00 ($6.20 PSF) both in Marana, Arizona. “Northwest Fire...

Mercado El Herradero Carniceria Coming to Ina Road & I-10 in...

MARANA, Arizona – Primo’s R/E Investments of Mesa (Ernetso Rascon, manager) purchased a 29,294-square-foot padded lot at 4505 West Ina Road in Marana for $445,000 ($15.19 PSF). The buyer plans to build a 5,200-square-foot Mercado El Herradero Carniceria on the site. The seller, David Lee of Marlee Saguaro, LLC and...

In one and a half years, Mister Car Wash Outgrows Tucson...

TUCSON, Arizona — Mister Car Wash, based in Tucson Arizona, has acquired five more car washes, four in Tucson and one in Sierra Vista, in keeping with the company’s growth by acquisition strategy. Mister Car Wash now operates 201 car washes and 34 express lubes in 19 states and...

Sunflower Apartments in Tucson Sell for $6.67 Million

TUCSON, Arizona – The Marcus & Millichap Real Estate Investment Services Team of Hamid Panahi, Steve Gebing and Cliff David closed on the Sunflower Apartments at 6502 E Golf Links Road in Tucson for $6.67 million ($46,300 per unit). The seller of the 144-unit complex was GR Partners Sunflower, an...
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