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Gibraltar Development Partners Acquires 2.83 Acres of Land for Self Storage Project

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  • 4th Quarter Sales
  • Gibraltar Development Partners Acquires 2.83 Acres of Land for Self Storage Project
4th Quarter Sales
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October 28, 2022
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Karen Schutte
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TUCSON, ARIZONA, October 28, 2022 – Commercial Retail Advisors is pleased to announce the sale of ±2.83 acres of vacant land located at the southeast corner of Interstate 10 and Valencia Road in Tucson for $810,000 ($6.57 PSF).

Gibraltar Development Partners, LLC, a self- storage developer based in Phoenix, AZ purchased the site for construction of a self-storage facility. The transaction closed on October 6, 2022.

Craig Finfrock of Commercial Retail Advisors, LLC represented the buyer, Tucson – Valencia I-10 SS, LLC. The seller, Jay Shree Ram, Inc., was self-represented in this transaction.

Commercial Retail Advisors, founded in 2001, specializes in the leasing and sales of shopping centers and retailer tenant representation throughout southern Arizona.

For more information, Craig Finfrock can be contacted at 520.290.3200 or visit the website at www.cradvisorsllc.com.

To learn more, see RED Comp #10229

 

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