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Small Parking Lot in Downtown Tucson Sells for $1.5 Million

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  • 4th Quarter Sales
  • Small Parking Lot in Downtown Tucson Sells for $1.5 Million
4th Quarter Sales
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January 14, 2025
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Karen Schutte
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TUCSON, AZ (January 14, 2025) -- 140 Alameda, LLC (Ezekiel Gebrekidane, manager)  has purchased .39 Acres at 140 E. Alameda Street, land with parking lot stall rentals, from De La Warr Investment Corporation ( Geoffrey Shepard, President).  Located northwest of Alameda Street and 6th Avenue, between Toole Ave and Alameda, in Downtown Tucson, the parking lot sold for $1.5 million ($88.30 PSF). 

The asset closed December 23, 2024 and the buyer will continue use as a parking lot.

Lori Casey and Nancy Gansline of Oxford Realty Advisors represented the buyer, and Ben Becker, Adam Becker, and John Ash of CBRE represented the Seller in this transaction.

For more information, Casey and Gansline can be reached at 520.232.0200, Ben Becker is at 520.323.5149, Adam Becker at 520.323.5188, and John Ash at 520.323.5177.

To learn more, subscribers should reference RED Comp #11679.

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