Catalina Foothills

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Five Palms Restaurant in Catalina Foothills Sells for Redevelopment

TUCSON, Arizona — The former Five Palms Steak & Seafood in the Catalina Foothills at 3500 E Sunrise Dr., Tucson sold for $1.9 million ($148 PSF) for redevelopment. The 12,800-square-foot restaurant was originally built for Café Terra Cotta restaurant that moved from St. Phillip’s Square. Located on Sunrise east of La Encantada Mall, Five Palms […]

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Colonia Verde Shopping Center Sells for $24.5M in Tucson

TUCSON, Arizona– Holliday Fenoglio Fowler, L.P. (HFF) announces the $24.5 million ($248 PSF) sale of and the $17.8 million acquisition financing for Colonia Verde, a 98,937-square-foot, grocery- and pharmacy-anchored neighborhood shopping center in Tucson. The HFF team marketed the property on behalf of the seller, Westwood Financial Corporation of Los Angeles and represented the buyer,

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Walgreens in Catalina Foothills Tucson Sells for $3.9 Million

TUCSON, ARIZONA – Walgreens at 4910 North 1st Avenue in Tucson sold to The Clover Company (Paul Craft, CEO) for $3.925 million ($253 PSF) from 4910 N 1st, LLC (Steven M Swanson II, manager). Located at 1st Avenue ad River Road, this net-leased investment is approximately 15,525-square-feet and has been in operation at this site

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