ORACLE, AZ (July 17, 2026) — The Coronado National Forest has acquired 693.77 acres near Oracle in the northern Santa Catalina Mountains for $2.08 million.

The transaction equates to approximately $2,998 per acre and represents the largest addition to the Coronado National Forest in 20 years.

Trust for Public Land facilitated the acquisition through a two-step transaction. The nonprofit acquired the privately owned property for $2.08 million in April 2026, then conveyed it to the U.S. Forest Service, c/o Coronado National Forest, for the same amount on July 1, 2026.

The property is located within the Coronado National Forest boundary and includes rolling grasslands, oak woodlands, and access to Charouleau Gap Road, also known as National Forest System Road 736.

The acquisition permanently preserves one of the largest remaining privately held properties within the forest and secures public access to recreational areas used for hiking, camping, hunting, wildlife viewing, and motorized recreation.

The property contains 693.77 acres according to public records, although Trust for Public Land and the Forest Service rounded the acquisition to approximately 695 acres in public announcements.

The land was previously considered for residential development. Plans proposed in 2006 reportedly called for as many as 260 homes and a new access road from State Route 77 (Oracle Road). The development did not move forward, and the property returned to the market in 2022.

Funding for the acquisition came from the federal Land and Water Conservation Fund, which is permanently funded through the Great American Outdoors Act.

The transaction involved Trust for Public Land, the Coronado National Forest, Pinal County, and several conservation and outdoor recreation organizations.

In addition to protecting the acquired acreage, the transaction improves access to approximately 12,000 acres of surrounding national forest land between Oracle and SaddleBrooke.

The property lies within the original Santa Catalina Forest Reserve, which was established in 1902 and later became part of the Coronado National Forest. The transaction closed July 1, 2026.

Scottsdale, Ariz. (July 17, 2026) – CBRE facilitated the $4.7 million sale ($347 per square foot) of a 13,531 sq. ft. boutique office building at 7020 East Acoma Drive in Scottsdale, Arizona. The seller, Kraken Holdings LLC, had occupied the building as an owner-user and completed partial renovations featuring high-end finishes during their tenure. The asset was sold to a Midwest-based firm seeking a permanent Phoenix base. CBRE’s Geoffrey Turbow represented the seller.

The Kierland/Scottsdale Airpark corridor is one of Arizona’s most supply-constrained office locations, where assets of this size and quality rarely trade. The property generated multiple offers and went under contract in 21 days, closing eight days ahead of schedule at 95.2% of the asking price. The sale included a comprehensive FF&E package, delivering fully furnished conference rooms, workstations, server infrastructure, and security systems at close.

“When the seller trusted our pricing recommendation, it set the tone for everything that followed,” said Geoffrey Turbow, senior vice president with CBRE. “The Kierland/Scottsdale Airpark corridor has the demand. Our job was to set a price that unlocked it. When you do that correctly, you don’t need time on market to find a buyer. The buyers find you, they compete, and the seller wins. Multiple offers, 21 days to contract, eight days ahead of close. That’s what strategic pricing produces.”

A significant number of qualified buyers were unable to compete before the property went under contract and remain actively seeking comparable product.

Built in 2003 and located near Loop 101, the two-story building features glass, steel, and masonry construction, efficient floor plates, and surface and covered parking, supporting full-building or multi-tenant configurations.

According to CBRE Research, the Northeast Valley/Scottsdale office submarket recorded a vacancy rate of 15.1% in the fourth quarter of 2025, the lowest in Metro Phoenix, reflecting strong tenant demand and limited available supply.

TUCSON, ARIZONA (July 17, 2026) — Pacifica Companies LLC purchased Desert Classic Mobile Home Park, a 275-space manufactured housing community in southeast Tucson, for $26.13 million in an all-cash transaction.

The sale equates to approximately $95,018 per mobile home space and $16.96 per square foot of land.

Located at 5250 S. Campbell Avenue and 5111 S. Cherry Avenue, the property encompasses approximately 35.38 acres, or 1.54 million square feet. The transaction included three parcels within the International Mobile Home Park subdivision, all zoned MH-1 for mobile home use.

Built in 1972, Desert Classic Mobile Home Park includes a swimming pool, spa, clubhouse, shower facility, and one park-owned home. Two support buildings total approximately 1,865 square feet. The property was reported to be in average condition at the time of sale.

“This currently and historically well-occupied property sold for the first time after a long period of multigenerational ownership,” said Dustin B. Wilmer of The Wilmer & Danny Group of Marcus & Millichap. “The sellers received multiple highly competitive offers.”

Wilmer said the winning offer came from a longtime client described as a well-respected owner and operator of manufactured housing communities and recreational vehicle resorts. The transaction represented one of the highest recorded per-site prices for an all-age mobile home park in Tucson, he said.

Wilmer and Jared Wallach of Marcus & Millichap, in conjunction with John Sheedy of Park Brokerage and Ryan Sarbinoff, Marcus & Millichap’s broker of record in Arizona, represented the buyer.

Desert Classic Mobile Home Park LLC sold the property to Pacifica Companies. The investment sale closed June 30, 2026.

Pacifica Companies is a privately held San Diego-based real estate investment and development firm founded in 1978. The company has invested across senior housing, multifamily, hospitality, commercial and residential development, manufactured housing and land. Pacifica reports investments across 22 states, along with international operations in India and Mexico.

(Republished from July 14, 2026, with brokers acknowledged – Source: RED Comp #12585)