TUCSON, ARIZONA — Fort Lowell Realty & Property Management, Inc. (James Collopy, director) purchased an office building located at 2026 E. Prince Rd. in Tucson, from Prince Road Professional Plaza, LLC (Ione Jitare, member) for $432,099 ($130 PSF)

Tucson-based Fort Lowell Realty & Property Management was a tenant for two-years prior to purchasing the 3,321-square-foot office, built in 1985, and exercised a lease option to occupy it as an owner occupant. Located in Prince Road Office Park, east of Campbell Avenue, Fort Lowell Realty & Property Management is a full service property management and leasing company with offices in Tucson and Phoenix AZ.

The company opened its Tucson office in 1981 and has been putting together property owners with residents ever since.

Tom Nieman, Office Specialist with Cushman & Wakefield | PICOR, represented the seller; James Collopy with Fort Lowell Realty & Property Management, represented the buyer.

For additional information, Nieman can be reached at 520.546.2728 while Collopy is at 520.322.0000.

To learn more, see RED Comp #5844.

Bob Collopy, Phoenix branch manager for Fort Lowell Realty & Property Management, recently obtained his Arizona real estate broker’s license at the age of 23. “I’m quite possibly the youngest broker in the state of Arizona!” says Bob.

Bob grew up in the real estate industry and started by ripping out carpet for home remodels as a teenager. Now he oversees all Phoenix operations for Fort Lowell Realty, a growing property management company with headquarters in Tucson, AZ and a Phoenix branch office. Bob has a focus in multi-family acquisitions and also acts as the property manager for the properties he acquires for Fort Lowell’s clients and partners.

Bob obtained his real estate salesperson license while attending the W.P. Carey School of Business at Arizona State University where he graduated with a bachelor’s degree in marketing and a minor in real estate. He is currently finishing up requirements to obtain a Certified Property Manager (CPM) designation from the Institute of Real Estate Management (IREM) and plans to gain designation as a Certified Commercial Investment Member (CCIM) soon after.

Collopy should be reached at 602.441.3492 or via email at bob@flaz.com