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Core Campus Pays $1.45 Million for Alvernon Office Building

Core Campus Tucson II, LLC an affiliate of Chicago-based Core Campus, purchased the 8,045-square-foot office building at 1001 N Alvernon Way in Tucson for $1.45 million ($180 PSF). The property was multi-tenant (built 2003) and was purchased to accommodate a single tenant, DIRECT Center for Independence (DIRECT). DIRECT is a consumer-directed, community-based advocacy organization that […]

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C&W Picor Q3: Student Housing & Class A Construction Lead the News

Bob Kaplan and Allen Mendelsberg, multifamily specialists with Cushman & Wakefield | Picor  report on the Tucson region for third quarter. Operating fundamentals continued to slowly improve in Tucson with modest decreases in vacancy, positive absorption, a small increase in rental rates and some continued decline in rental concessions. Average vacancy dropped from 9.4% to 9.3%

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