4th Quarter Sales

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Marana Safeway Sells in $720M Bulk Sale-Leaseback Agreement to CF Albert PropCo

4th Quarter Sales, Archive / By

MARANA, Arizona – Safeway Store #1749 at 9100 N Silverbell Road in Marana sold as part of an agreement that included 71 stores to a Delaware limited liability company for an aggregate purchase price, exclusive of closing costs, of approximately $720 million, in a sale leaseback agreement. According to public records the store was valued […]

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TUSD Sells Townsend Middle School to Pima Medical Institute for $5.63 Million

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TUCSON, Arizona — The Tucson Unified School District (TUSD) 2015 approved sale of Townsend Middle School closed this week at 2120 N Beverly Ave. in Tucson to Pima Medical Institute (PMI) for $5.63 million.  The site will be developed into a medical educational campus with a mix of medical office and small retail use on

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The Ledges at West Campus in Tucson Sold for $23 Million

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TUCSON, Arizona — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) announces the sale of The Ledges at West Campus, a 205-unit apartment property in Tucson, Arizona. The $23 million sales price equates to $112,195 per unit. “Previous ownership improved the presentation of the property and minimized capital cost exposure for

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