Devington Court Apartments with 40-Units sells for $4.35M in Tucson

Devington Court

TUCSON, AZ (January 20, 2026) — Devington Court Apartments LLC and Gose Capital, LLC have purchased Devington Court, a 40-unit apartment community at 5570 E. Hampton St. in Tucson for $4.35 million ($108,750 per unit). The property totals 27,632 square feet and was built in 1972, trading at approximately $157.43 per square foot.

The seller was Devington, LLC. The transaction reflects an investment sale of a garden-style complex constructed of frame and stucco on approximately 1.35 acres, with amenities including a pool, clubhouse, and on-site laundry. Unit mix includes one- and two-bedroom floor plans, including both one- and two-bath configurations.

Allan Mendelsberg and Joey Martinez, principals and multifamily specialists with Cushman & Wakefield | PICOR, represented both the buyer and seller in the transaction.

Source: RED Comp #12258.




Eastpoint Marketplace Neighborhood Center Sells for $12.85M on Tucson’s Eastside

Eastpoint Marketplace

TUCSON, AZ (January 13, 2026) – Eastpoint Marketplace, a neighborhood shopping center at 6964 E. 22nd Street at Kolb Road on Tucson’s Eastside, has sold for $12.85 million ($224.51 PSF) in an investment transaction that closed December 29, 2025.

The property totals 57,235 square feet on 5.81 acres and was built in 1988.

Tucson Newcrest LLC, c/o Prodige Investments LLC (Gilbert, Arizona), acquired the center from Eastpoint Kolb Additional Investors LLC. Rob Tomlinson with Cushman & Wakefield | PICOR represented both buyer and seller.

As leasing agents for the center (and part of the long-term ownership group), Greg Furrier and Natalie Furrier describe a value-oriented tenant mix led by Dollar Tree, with other key draws including Vantage West Credit Union and Jerry Bob’s Restaurant, alongside service and food tenants such as Subway, Supercuts, and H&R Block.

The long-time ownership group said the center has been actively upgraded since 2022. They cited a series of tenant and pad improvements, including moving Starbucks into a former Boston Market pad they acquired separately about three years ago. The Starbucks pad was sold roughly two years ago and was not part of the Eastpoint Marketplace sale. The original in-center Starbucks location, which operated for about 20 years, is now occupied by Vantage West Credit Union. The sellers also said they acquired the old Jack in the Box pad on Kolb Road and developed a Salad and Go building; that building remains separately owned by the partners and was not included in the sale.

Other changes cited include replacing the Kolb Road end cap space that was originally Blockbuster – first with Brushfire BBQ and, more recently, Anchor Bar, and upgrading the merchandising mix by replacing Factory 2U with Dollar Tree as an anchor.

Ownership also pointed to the center’s visibility at a high-traffic intersection – estimated at more than 100,000 vehicles per day – and to continued strength in the surrounding retail node. They noted that McDonald’s purchased and redeveloped the former Chevron station at the corner (not previously owned by the center), and that the nearby Fry’s store has been remodeled three times during their ownership; the store was originally built as a Smith’s grocery store.

For more information, contact Tomlinson at 520.546.2757.

Source: RED Comp #12277




TW Shannon Park Buys 90-Unit Shannon Park Apartments in Central Tucson for $12.1 Million

Shannon Park Apartments

TUCSON, AZ (January 14, 2026) — TW Shannon Park LLC has purchased Shannon Park Apartments, a 90-unit multifamily community at 3737 N. Country Club Rd. in Tucson’s Central submarket, according to public records. The property sold for $12,075,000 ($134,166 per unit) to Bayliss Associates Limited Partnership, closing on December 18, 2025.

The apartment community totals approximately 68,476 square feet on about 6.65 acres and was built in 1971 with masonry construction. The sale equates to roughly $172 per square foot.

Shannon Park Apartments offers a unit mix of (56) one-bedroom/one-bath units (672 square feet), (19) two-bedroom/one-bath units (856 square feet), and (15) two-bedroom/two-bath units (972 square feet), along with a clubhouse and pool.

Allan Mendelsberg and Joey Martinez, principals and multifamily specialists with Cushman & Wakefield | PICOR, represented the buyer, while Matt Bollinger with Realty Executives Arizona Territory represented the seller.

For information, Allan Mendelsberg can be reached at (520) 546-2721, Joey Martinez at 520.546.2730, and Matt Bollinger at (520) 886-7500.

Source: RED Comp #12270.