2015 Q1 Sales Archive

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National REITs Investments in Tucson Retail this Week Total $6.1 Million

ARCP acquired the Tucson retail property Family Dollar Store at 9776 S Nogales Hwy in Tucson for $1.7 million ($199 PSF) from Hutton Growth One (Derek Jones, director) of Chatanooga, TN. The seller bought the .83 acre lot in April, 2014 for construction of the 8,392-square-foot Family Dollar. Maryland-based, ARCP (NASDAQ: “ARCP”) is a leading, […]

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Steady and Active for January Office Sales of $3+ Million

‘Steady and active’ for office sales in January. While in 2014 the most common word was ‘steady’. ‘Steady and active’ seem to better describe the Tucson office market for the first month of this year. The following January office sales total over $3 million: Kenneth Swanson, Inc. of Los Gatos, CA purchased a 7,280-square-feet office

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ARCP Pays $39.75 Million for 24 Property Reay’s Ranch Portfolio

Tucson, Ariz. – CBRE has completed the sale of a twenty-four property gas station and convenience store portfolio for properties in Tucson and 5 counties throughout Southern Arizona. The portfolio commanded a sale price of $39.75 million, in the largest sale to date for the new year in Southern Arizona. Pete Villaescusa and Jesse Peron

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