Dan Gardiner

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Phoenix Vacant Fry’s Grocery Leased to Marshalls & Michaels

Phoenix, Arizona –  Velocity Retail Group has leased a vacant Fry’s Food & Drug store at the southeast corner of Bell Road and 7th Street.  The Fry’s expanded and relocated further east along Bell Road earlier this year.  The 48,000-square-foot vacant big box will be split to accommodate two national retailers.  Marshalls will occupy 23,475-square-feet […]

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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

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Shops at San Dorado in Oro Valley Sells Fully Leased for $11.28 Million

The Shops at San Dorado sold to California-investor, Enos Ranchos LLC of Santa Ynez, CA (Samuel Rhea, member) for $11.28 million ($550. PSF) for this Class A property, location, tenants and construction quality. Build in 2013 and expanded in 2015, San Dorado is at First and Oracle Road, the highest traffic intersection in Oro Valley,

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