1st Quarter Sales

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Romano Completes Sale of Colonia Verde Retail Shops for $2.93 Million

TUCSON, Arizona — Phoenix investors, The Bynum Family Trust, traded into the purchase of Colonia Verde at 7245 E Tanque Verde Road in the Eastern submarket of Tucson.  The 9,216-square-foot retail center sold fully occupied with five tenants. The property commanded a sale price of $2.925 million ($317 PSF). Built in 2001, the property offers […]

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Taylor Morrison / Pulte JV Pays $100M for 410 Acres State Land for MPC

SCOTTSDALE, AZ — Taylor Morrison Home Corporation (NYSE: TMHC) and Pulte Homes (NYSE: PHM) have announced a joint venture to acquire approximately 410 acres of land in North Phoenix from the Arizona State Land Department and develop it into a new master plan community. Development of the site is slated to begin in spring 2017 and

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