By: Barbi Reuter, COO, Cushman & Wakfield | Picor Vacancy in the Tucson retail market remained at 6.6% in the first quarter, in line with the stability reported over a two-year span. Comparing year-over-year Q1 net absorption, the delta represented 139.0% more space absorbed in Q1 2016 than was lost in Q1 2015. The top […]
Restaurants & Medical Uses Lead the Tucson Retail Charge Q1 Read More »
An affiliate of Los Angeles-based, Decurion Corp. (Michael Forman, CEO) bought the Tucson West office building at 333 East Wetmore Road in Tucson for $26.5 million ($186 PSF). The seller was WCCP Tucson West, LLC, an affiliate of West Coast Capital Partners (William Metzler, manager) with offices in Scottsdale and Torrance, CA. The seller, WCCP,
Tucson West Office Building Changes Hands for $26.5 Million to California Investor Read More »
PHOENIX, AZ – Marcus & Millichap (NYSE: MMI) announced the sale of Shea Professional Plaza, a 26,531-square foot office property located at 3101 East Shea Boulevard in Phoenix, AZ. The office, Shea Professional Plaza, was purchased by an individual / personal trust. It was secured and represented by Michael R. Myrick, an investment specialist in Marcus & Millichap’s
Shea Professional Plaza in Phoenix Sells for $1.2 Million Read More »