Michael Sarabia

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DSW Commercial Acquires Mesa Grand & Mesa Spectrum for $42.9 Million

MESA ARIZONA – DSW Mesa Grand/Spectrum acquired Mesa Grand and Mesa Spectrum shopping centers located on Stapley and Baseline Roads at US Highway 60 in Mesa, Arizona for $42.9 Million from Vestar Arizona LLC. Tucson based DSW Commercial Real Estate with investment partner Iridius Capital, purchased the well-positioned “Daily Use and Entertainment” center, which encompasses […]

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Tucson Development Activity Continues at Respectable Pace

Three Land Sales in Northwest and Broadway total over $3.7 Million for the Week TUCSON, Arizona — Circle K Stores, Inc. has purchased 2.36-acres of raw land at the southeast corner of Ina Road & Silverbell Road in Marana, from Ina & Silverbell 1, LP and Denton Investments (Don Denton, manager) for$1.25 million ($12.16 PSF). The

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Wilmot Plaza $47.3M Sale Named Tucson’s 2016 ‘Deal of the Year’

TUCSON, Arizona — As we look back over the 782 commercial transactions to-date for Tucson in 2016, with the help of our RED Comps database, the ‘Deal of the Year’ stands out as being the highest retail sale of the “trophy asset” Wilmot Plaza. Purchased in September 2016, by DSW Wilmot Plaza LP, an Arizona-based

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