4th Quarter Sales

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Meritage Homes Ends 2019 at Gladden Farms and Starts 2020 at La Estancia

As Tucson moves to affordability, Meritage Homes is strategically entrenched MARANA and TUCSON, ARIZONA – Meritage Homes closed on 91 SFR lots at Gladden Farms in Marana near the end of 2019 for $4.1 million, $44,800 per finished lot. All lots are 40 x 120. Gladden Farms is a 1,350-acre master planned community in northern […]

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Oro Valley 9.76 Acres Purchased for New Luxury Rental Community

ORO VALLEY, ARIZONA – Linda Vista Luxury Rentals, LLC an affiliate of Tucson-based Aerie Development (Roger Karber, chairman) purchased 9.76 acres of commercially zoned land at Linda Vista and Oracle Road in Oro Valley for $2.6 million ($6.00 PSF). The real estate developer plans to construct one-story fourplexes with a total or 64-units being called

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Amazon’s “Last Mile” Building in Tucson Sells as Net Lease Investment to New York Investors

TUCSON, Arizona – The Amazon Distribution building at 775 W Silverlake Road in Tucson in a net investment sale for $17.718 million ($358 PSF). The newly constructed 49,500-square-foot distribution center is located near I-10 and I-19 close to downtown Tucson for delivery vans. Scanell Properties of Indianapolis, Indiana assembled the 17.3-acre parcel for Amazon in

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