MARANA, Arizona (Oct. 27, 2026) —Sekisui House Arizona, Inc. purchased 30 finished single-family residential lots in Saguaro Reserve II and III at Dove Mountain from Cottonwood Properties, Inc. for $6.3 million, or $210,000 per lot. The transaction closed October 21, 2026.

The acquisition includes two lots in Saguaro Reserve II and 28 lots, numbered 209–236, in Saguaro Reserve III. Together, the homesites encompass approximately 6.3 acres within the Dove Mountain master-planned community in northwest Marana.

Cottonwood Properties is associated with Dove Mountain developer David Mehl. Michael Del Castillo, division president of Richmond American Homes, represented the buyer.

The transaction marks the first acquisition recorded in RED Comps under the Sekisui House Arizona, Inc. name, although homes continue to be marketed under the established Richmond American Homes brand.

The buyer’s corporate name reflects Richmond American’s ownership by Japan-based Sekisui House. In April 2024, Sekisui House completed its approximately $4.9 billion acquisition of M.D.C. Holdings, Richmond American’s parent company, expanding its U.S. homebuilding operations and bringing Richmond American into its family of builders.

The purchase adds 30 finished 70′ x 127′ homesites to the buyer’s Dove Mountain holdings.

Sekisui House is a top-tier house manufacturer in Japan, engaging in custom detached houses, rental housing, architectural/civil engineering, remodeling, real estate management, houses for sale, condominiums, urban redevelopment and overseas business, with a global vision to “make home the happiest place in the world”. Having delivered 2,662,183 homes worldwide since its establishment (as of January 31, 2024), Sekisui House has footprints in Japan, the U.S., Australia, Singapore, and the U.K. Sekisui House also aims to contribute to solving environmental and social issues as a leading company in ESG management through providing homes.

Source: RED Comp #12777

TUCSON, AZ (Oct. 22, 2026) — Larsen Baker, through its affiliate Kolb Office Investors, LLC, has acquired the distinctive 29,317-square-foot office campus at 1580–1670 N. Kolb Road in Tucson for $3,221,790 ($110 per square foot).

Located between Speedway Boulevard and Tanque Verde Road, the campus combines Tucson architectural charm with a highly visible, accessible eastside location. Property highlights include prominent signage opportunities, mountain views, quiet outdoor spaces and direct access to The Loop for walking and biking, along with nearby restaurants, shopping and services.

Three spaces are available for lease, including one first-floor space without a balcony. Office condominiums are also available for purchase.

Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the buyer and handled the transaction. For leasing information, Figueroa should be reached at (520) 296-0200 x218 or email [email protected]

TUCSON, Ariz., (Oct. 21, 2026) – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, has announced the sale of The Place at 2120, a 202-unit multifamily property in Tucson, Arizona. The asset traded for $18.05 million, or $89,356 per unit.

“Tucson’s affordability, diversified employment base, and long-term housing demand continue to make it an attractive market for multifamily investments, including assets like The Place at 2120,” said Hamid Panahi, IPA senior managing director investments. “Economic development in the submarket, such as the forthcoming Casino Del Sol Vahi Taa’am, is quantifiably increasing the employment base, and infrastructure improvements are improving connectivity to employers, retail destinations, and lifestyle amenities,” said Clint Wadlund, IPA senior managing director investments. Panahi and Wadlund represented the seller, The Founders Group and procured the buyer, AndMark.

The property is on Silverbell Road, near Grant Road and Interstate 10, which lead to employment hubs throughout Tucson. The city’s major employers include Davis-Monthan Air Force Base, the University of Arizona, Raytheon, Banner Health, and Tucson Medical Center. Downtown Tucson is nearby, with a variety of dining, shopping, and entertainment options available at Tucson Premium Outlets, Tucson Mall, and La Encantada.

Built in 1986, on over seven acres, The Place at 2120 is a 12-building property with one-, two- and three-bedroom floor plans. Previous ownership upgraded approximately 90% of the unit interiors with white Shaker-style cabinetry, resurfaced countertops, a black appliance package, and modern lighting and plumbing fixtures. Select floor plans have vaulted ceilings and linen closets. Community amenities include a swimming pool and spa, a fitness center dog park, laundry facility, and playground.