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

3rd Quarter Sales, Archive / By

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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Tucson’s Wilmot Plaza Fully Leased Fetches $47.3 Million

2016 Q3 Sales Archive / By

TUCSON, ARIZONA – DSW Wilmot Plaza LP, an Arizona based investment group, has acquired Wilmot Plaza shopping center.  The group’s managing director Michael Sarabia along with partner James Hardman (DESCO Southwest) believe strongly in the fundamentals of the 139,000-square-foot multi-building “trophy” asset. Wilmot Plaza was purchased for $47.3 Million ($340 PSF) from BP Wilmot Plaza, …

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