Chad Tiedeman

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CBRE Announces $2.06 Million Sale of STNL BrakeMAX in Marana (Tucson), Ariz.

Phoenix, Arizona – CBRE announced the sale of a single tenant net investment sale of a BrakeMAX in Marana (Tucson), Ariz. sold to a 1031 exchange buyer, 6055 Jenna Nicole, LLC, a private Tucson-based investor for the asking price of $2.06 million. ($377 PSF) in one of the first sales being reported in 2021. CBRE’s […]

CBRE Announces $2.06 Million Sale of STNL BrakeMAX in Marana (Tucson), Ariz. Read More »

CBRE Represents Buyer of Two Phoenix-Area Retail Properties

PHOENIX, Arizona – CBRE represented Phoenix-based Perry Investment Trust No. 1, LLC, in the acquisition of two Phoenix-area retail properties totaling 18,456 square feet. Barry Gabel and Chris Marchildon with CBRE’s Phoenix office represented the buyer in both transactions. The two properties, located at 950 E. Bell Road and 5120 N. Central Avenue, sold for

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Fiesta Mercado in South Tucson sells to TIC Investors for $7.75 Million

TUCSON, Arizona – A group of California and Wyoming investors came together in a 1031 TIC (tenants-in-common) to purchase the Fiesta Mercado Shopping Center at 2920-2980 S 6th Avenue in South Tucson for $7.75 million ($94 PSF). The 82,367-square-foot grocery story anchored center is located off I-10 and 6th Avenue, and was 82% occupied at

Fiesta Mercado in South Tucson sells to TIC Investors for $7.75 Million Read More »

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