Wednesday, November 21, 2018

Dollar General Buys and Sells in Tucson

Investor, GFM Realty 2, LLC purchased the newly constructed Dollar General store at 9950 South Nogales Highway in Tucson for $1,670,588 ($184 PSF). The property consists of a 9,100-square-foot building on 63,598-square-feet of land. The investor was represented by Mike Schulte of The Schulte Company in Tucson and Dave Hammack...

Copper Bell Plaza and Carrabba’s Italian Grill Close for $3 Million...

The sale of Copper Bell Plaza, a 16,141-square-foot shopping center built in 1980 was recently recorded. The location of the property is the northeast corner of Southern & Stapley in Mesa, Arizona. The property sold to Stapley & Southern Partners LLC of Mesa, AZ. The seller was Higley Road...

Two Tempe Industrial Owner/User Transactions

59,375 SF Manufacturing Building Sells for $2.4M TEMPE, AZ – A Tempe manufacturing building at 1531 W. 17th St. in Tempe, sold for $2.4 million. The 59,275-square-feet facility brought a price square foot of $40.42. Lee & Associates principals, Matt Hobaica and Matt McDougall represented the seller, JCS, LLC of Tempe....

US RETAIL SALES TICK UP 0.2% IN JUNE

WASHINGTON — U.S. retail sales increased slightly in June, evidence that consumers remain cautious despite steady job gains this year. Retail sales rose just 0.2% last month, the Commerce Department said Tuesday, held back by a sharp drop at building and garden supply stores. So-called core sales, which strip out...

Real Estate Daily News Buzz – July 16, 2014

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Maybe It Wasn’t Just the Weather After All! Q2 Sales Simply...

The Restaurant Industry Snapshot for June, released this week by Black Box Intelligence and People Report, reports a disappointing second quarter for the industry that can no longer be attributed to the weather as we have been told so this year. Same store sales were 0.3% in positive territory,...

Tucson REALTORS® promote two, add two on staff

Organizational moves at the Tucson Association of REALTORS® (TAR) have resulted in two existing employees being promoted and two new additions to staff, CEO Philip Tedesco announced today. Aaron Reid was promoted from Education Coordinator to Account Executive, where he now manages administrative service contracts for various outside organizations.  As...

U.S. Retailers’ Projections Trail Most in 13 Years

Bloomberg.net is reporting U.S. retailers’ first-quarter earnings are trailing analysts’ estimates by the widest margin in 13 years after bad weather and weak spending by lower-income consumers intensified competition. Chains are missing projections by an average of 3.1 percent, with 87 retailers, or 70 percent of those tracked, having reported,...

Real Estate Daily News Buzz – July 15, 2014

Real Estate Daily News Buzz is designed to give news snippets to readers that our (yet to be award winning) editors thought you could use to start your day. They come from various business perspectives, real estate, government, the Fed, local news, and the stock markets to save you...

Tucson Lease Report – July 7 – 11, 2014

The following commercial leases were reported to Real Estate Daily News for the Tucson Lease Report from July 7 - 11, 2014. INDUSTRIAL – 1851 W. GRANT, TUCSON, AZ. CrossFit Now leased 18,000-square-feet at 1851 W. Grant in Tucson from Walker Tucson Properties, LLC.  Rob Glaser, SIOR, CCIM, Industrial Specialist with...

ASU Student Housing Project Sells for $38.7 Million

Tempe – Consolidated Investment Group in Englewood, CO (David Merage, principal), Regents Tempe RE LLC and CWS 1949 LLC, a company formed by CWS Captial Partners LLC in Newport Beach, Calif. (Steve Sherwood, chairman) paid $38.7 million ($172,000 per unit) to acquire the 225-unit Block 1949 student housing property...

Congressional Candidate Martha McSally Visits So AZ CCIM Chapter

  While many groups go dark with meetings during the hottest summer months, the  Southern  Arizona CCIM Chapter turned up the heat at its July 8th meeting with some politics and invited Colonel (retired) Martha McSally, Congressional Candidate for CD-2 to speak to an audience of just under 100 people. McSally,...
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