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Tucson Lease Report July 9-13, 2018

The following commercial leases were reported to the Real Estate Daily News for the Tucson Lease Report from July 9 thru 13, 2018. SEASONAL SPACE LEASED FOR 3 HALLOWEEN SUPERSTORES CBRE arranged the leases for three retail spaces totaling 53,764-square-feet to seasonal “pop-up” tenant Spirit Halloween Superstores. Nancy McClure with CBRE Tucson represented the landlords …

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Del Pueblo Communities Purchases Harper’s Nursery for new Development

Scottsdale, Arizona — Del Pueblo Communities, Scottsdale, AZ paid $1.6 million ($20.52 PSF) to acquire 1.79 acres located at the SEC Hayden Road & Virginia Avenue in Scottsdale. The property is currently being planned for a single-family attached development. The seller of the transaction was Harper’s on Hayden LLC. Richard Arambula and Dan Krantz of …

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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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