4th Quarter Sales

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VOLK Company Handles Two Tucson Retail and Medical Use Transactions

TUCSON, ARIZONA — Debbie Heslop CCIM of VOLK Company represented the seller, Prince Road Professional Plaza, LLC, in the sale of an approximately 4,000-square-foot parcel with approximately 3,625-square-feet of medical building improvements at 2028 East Prince Road in Tucson to Transformational Medicine, PLLC (Dr. Zach Saber, member) for $429,100 ($118 PSF). The buyer plans to […]

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The Woods Apartments at Midvale Park Buy Expansion Land for $1 Million

TUCSON, AZ –  Vacant land located at the northeast corner of Valencia and Headley Roads, Tucson, AZ, has been sold to a multi-family investor for the expansion of The Woods Apartments at Midvale Park, 1970 W Valencia Rd in Tucson. The 7.046 acres sold for $1 million ($3.25 PSF). The transaction closed on October 20,

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CIM Real Estate Finance Trust, Inc. Closes First Tranche of $1.25 Billion Transaction of Single-Tenant Properties with Realty Income

Tucson, Arizona – Certain subsidiaries of CIM Real Estate Finance Trust, Inc. (“CMFT”), a publicly registered non-listed real estate investment trust (“REIT”), completed the sale of 411 single-tenant properties for $1.035 billion, representing the first tranche of the transaction with Realty Income Corporation (“Realty Income,” NYSE: O) that was previously announced in September. The sale

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