4th Quarter Sales

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Harkins Theatres at Arizona Pavilions Sells for $8.5 Million

MARANA, ARIZONA – The Harkins Theatres Arizona Pavilions 12 Cinema in Marana, AZ sold to  30 West Pershing, LLC, a subsidiary of the Missouri-based investment company, EPR Properties. The sale closed on December 4, 2019 for a purchase price of $8,475,000 ($186 PSF). EPR is a specialty real estate investment trust (REIT) that invests in […]

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Sunbelt Holdings Sells 91 Lots at Red Rock Village MPC to Richmond American Homes

SCOTTSDALE, Ariz. – Scottsdale-based Sunbelt Holdings, who acquired the remaining 680-acres within the 1,000-acre Red Rock Village master planned community in 2018, announced the closing of the first 91 lots to Richmond American Homes. Sunbelt Holdings will begin development of the 50’x120’ sized lots in early 2020 in preparation for a Richmond American Homes’ model

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Rain Bird Buys Leased Building for $14.05 Million in Tucson

TUCSON, ARIZONA — Rain Bird Corporation purchased the building at 6991 E Southpoint Road in Tucson, Arizona for $14.05 million ($52 PSF). Built in 1989, the 270,665-square-foot warehouse / distribution building sits on 25.7 acres northwest of Kolb Road and Valencia Road, near Tucson International Airport. Rain Bird was a long-term tenant of the property

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