Tucson, Ariz. – CBRE has completed the sale of a twenty-four property gas station and convenience store portfolio for properties in Tucson and 5 counties throughout Southern Arizona. The portfolio commanded a sale price of $39.75 million, in the largest sale to date for the new year in Southern Arizona. Pete Villaescusa and Jesse Peron […]
ARCP Pays $39.75 Million for 24 Property Reay’s Ranch Portfolio Read More »
The CVS Pharmacy at 6310 E Broadway in Tucson has sold in an investment sale to Phoenix-based American Realty Capital Properties, Inc.(ARCP) for $5.45 million ($374 PSF). The 14,576-square-foot building (built 2013) on 2.3 acres is located at the southeast corner of Broadway and Wilmot with a drive-thru. The CVS opened October, 2013. ARCP is
ARCP Buys CVS Pharmacy at Broadway & Wilmot for $5.45 Million Read More »
NEW YORK CITY-Having sought unsuccessfully to acquire Cole Credit Property Trust III this past spring, American Realty Capital Properties Inc. will be taking over Phoenix-based Cole Real Estate Investments Inc., the REIT formed from the subsequent merger of Cole Credit III and Cole Holdings. Valued at $11.2 billion, the merger announced Wednesday morning—along with the
ARCP & Cole Real Estate Merger Valued at $11.2 Billion Read More »