Bourn Companies

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Tucson’s Bourn Companies Plan Second Renaissance for Foothills Mall

4th Quarter Sales, Archive / By

TUCSON, Arizona – Tucson-based, Bourn Companies (Don Bourn, manager) and its affiliate, FHM Partners, LLC have announced the acquisition of Foothills Mall from Columbus-based Schottenstein Property Group, Inc. (SPG). Bourn has had past experience with the 514,379-square-foot mall, owning it back in 1994 when it was at 12% occupancy and then selling it in 1999 […]

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Tucson Lease Report December 5-9, 2016

Archive, Lease Archives, Leases / By

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from December 5 thru 9, 2016. RETAIL – 5280 E. GRANT RD., TUCSON Pyramid Federal Credit Union extended their ground lease with TMC Foundation for 40,000-square-feet located at 5280 E. Grant Rd. in Tucson.  Rick Kleiner, MBA, Office Specialist

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Tucson’s Wilmot Plaza Fully Leased Fetches $47.3 Million

2016 Q3 Sales Archive / By

TUCSON, ARIZONA – DSW Wilmot Plaza LP, an Arizona based investment group, has acquired Wilmot Plaza shopping center.  The group’s managing director Michael Sarabia along with partner James Hardman (DESCO Southwest) believe strongly in the fundamentals of the 139,000-square-foot multi-building “trophy” asset. Wilmot Plaza was purchased for $47.3 Million ($340 PSF) from BP Wilmot Plaza,

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