Centre Point Plaza in Tucson Sold for $7.1 Million

TUCSON, ARIZONA – Vast Commercial Real Estate Solutions (Vast), a commercial real estate and investment brokerage firm, brokered the sale of a retail shopping center at 1992 East Irvington Road, Tucson, AZ 85714. Located on the southeast corner of Campbell Avenue and Irvington Road, the 46,685-square-foot retail center sold for $7.1 million ($152 PSF) on February 7, 2022.

Centre Point Plaza is a well-trafficked center, anchored by Food City and surrounded by residential and commercial development.Jon O’Shea of Vast represented the Seller, EJC Properties of Tucson, AZ. The Buyer, Center Point Plaza, LLC, was represented by Maha Odeh Arnold of Regal Properties, a San Diego-based real estate services company, providing professional brokerage and consulting services. Financing was provided by Wells Fargo.

Vast is a commercial real estate firm that specializes in investment and consulting services. Since its inception in 2008, the company has represented purchasers and sellers in over $100 million dollars of transactions, while having actively leased over 600,000-square-feet in Southern Arizona.

For more information, O’Shea should be reached at 520.343.5074.




Arizona Land Consulting Closes on a $40 Million Master-Planned Community in Buckeye 

Female-owned land consulting company closed on the 2,000-acre property with plans to rezone for industrial use

PHOENIX, ARIZONA –  Arizona Land Consulting, the Valley’s leading, female-owned land consulting firm, announced today the closing of a 2,000-acre property near the Buckeye airport for $40 million ($20,000 per acre).

The land was originally zoned for a master-planned community called Cipriani. However, Arizona Land Consulting CEO and founder, Anita Verma-Lallian and her group of investors have plans to rezone the property for industrial use, with the hopes of developing it into a business park.

Industrial zoned properties are typically much easier to develop. Arizona Land Consulting already has interest from potential buyers and is open to dividing the property into 400-500 acre parcels to sell as the size and location lists it as a high-demand property.

“It is difficult to find parcels of land that are a contiguous 50+ acres, making this a spectacular find,” said Verma-Lallian. “Not only was the serial acreage impressive but the location and city growth in itself made this particular property outstanding.”

The property is located next to the Buckeye airport in one of the fastest-growing cities in Arizona, strategically located off the I-10 freeway. A future off-ramp on the I-10 will lead right into the property located off Johnson Road and Yuma Road.

For more information about Arizona Land Consulting, please visit https://arizonalandconsulting.com/.




C&W | PICOR Celebrates Record 2021 Excellence in Performance

TUCSON, ARIZONA – Cushman & Wakefield | PICOR honored and celebrated its team members who demonstrated exceptional performance and production in 2021 at the company’s annual awards luncheon, held appropriately at the award-winning Hacienda del Sol Guest Ranch, on January 20, 2022. After the challenges and uncertainty of 2020, C&W PICOR team members facilitated record transaction volume for their clients and worked tirelessly to create asset value.

Congratulations to these dedicated and ambitious individuals:

Company Awards
  • President’s Award for Excellence: Thomas J. Nieman
  • Peter H. Douglas Heart & Soul Award: Greg Furrier
Brokerage Awards

Winner’s Circle (Top Producers)

  • # 1 Producer: Allan Mendelsberg
  • # 2 Producer: Stephen Cohen
  • # 3 Producer: Richard M. Kleiner, MBA
Division Leaders (Highest Producers)
  • Industrial: Stephen Cohen
  • Retail: Dave Hammack
  • Office/Medical: Richard M. Kleiner, MBA
  • Multifamily: Allan Mendelsberg
Property Management Awards
  • Manager of the Year: Linda Montes-Cota, RPA
  • MVP: Kathy Moon
  • Tenant Relations Award: Andrea Reno
Admin Awards
  • Admin Employee of the Year: Camille Cook

PHOTOS: Tom Nieman, President’s Award for Excellence; Allan Mendelsberg, Top Producer 2021