SALE     North Eastern, LLC purchased a 7,564-square-foot, freestanding retail building located at 6211 E. Speedway Blvd. in Tucson.  The single-tenant property was purchased from Spartco, LLC for $1,250,000.  Aaron LaPrise, Principal, and Retail Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction.  Juan Teran, with Realty Executives Tucson Elite, represented the buyer.    Pueblo Cielo, LLC purchased 6,190 square feet of multifamily space located […]

Read More…

In Q2, Tucson’s post-pandemic office market began to re-center itself, as vaccinations became more widespread, and employers planned their return to office strategies. Vacancy rose to 9.5%, with an expectation it will approach 10.0% by year… […]

Read More…

    SALE     Rancho California Center, LP purchased a 94,831-square-foot, sale/leaseback investment property located at 6885 E. Southpoint Rd. in Tucson on 12.11 acres.  The single-tenant, triple-net leased investment was purchased from Teritom Holdings, LLC, for $11,250,000.  Stephen D. Cohen, Principal, and Industrial Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Ronald King and Joseph McDermott, with Kidder Mathews of California, represented the buyer.    Winding Creek Apartments, LLC, acquired three, mid-town Tucson apartment complexes […]

Read More…

In Q2 2021, Tucson industrial and flex space of all types remained the darling during tumultuous pandemic times and for the foreseeable future. E-commerce and expanded consumer buying power drove logistics and fulfillment demand and a 5.5% … […]

Read More…

For investors looking for investments $20 million and under, Tucson ranked number 4 on the list of small/middle sized markets. A larger driver of the demand for multifamily in Tucson is the attractive year-over-year (YOY) average rent growt… […]

Read More…

    SALE     Sierra Sky Medicine, LLC purchased a 6,733-square-foot medical office building located at 6585 N. Oracle Rd. in Tucson. The single-tenant property was purchased from Novahud, LLC for $1,050,000. Richard M. Kleiner, MBA, Principal, and Office Specialist with Cushman & Wakefield | PICOR, represented the seller in this transaction. Thomas Coury, with Great American Financial Corporation, represented the buyer.    BMH OV Holdings, LLC, purchased 4,660 square […]

Read More…

Tucson’s Q2 retail vacancy held steady at 6.2% amid a resurgence in demand for consumer goods, entertainment, and travel as vaccine availability and guidance opened the door for spending like it’s 2019. Summer midweek waitlists at restauran… […]

Read More…

    SALE   Casitas On Country Club, LLC purchased 11,037 square feet of multifamily space located at 1340-1390 N. Country Club Rd. in Tucson.  Casitas @ Thirteen Forty, a 24-unit apartment complex, was purchased from Thirteen Forty Holdings, LLC for $1,785,000.  Allan Mendelsberg, Principal, and Conrad Martinez, Multifamily Specialists with Cushman & Wakefield | PICOR, represented the seller in this transaction. […]

Read More…