2015 Q1 Sales Archive

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Timeline for Nuevo-Norville-ville gets Nod from Rio Nuevo Board

At the Rio Nuevo meeting Tuesday, the board moved ahead to finalize an agreement with Allan Norville’s Nor-Generations, LLC, or ‘Nor Gen’ to acquire and develop the 8.5 acres adjacent to the freeway, where the Greyhound Bus Terminal is currently located, commonly referred to as the Arena Site, or the western gateway to Downtown Tucson. […]

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Tucson’s Paloma Village Neighborhood Center Sells for $17.2 Million

TUCSON, AZ – Paloma Village Center, located at one of the most desirable intersections in the State, Campbell Ave & Skyline Drive in Tucson, sold for $17.2 million ($456 PSF). The 37,739-square-foot center on 4.49 acres sold to HRA Paloma LP, a commercial real estate entity affiliated with Hannay Realty Advisors based in Phoenix plans

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Two North Central Tucson Apartment Complexes Sold for $7.76 Million

Two North Central Tucson apartment complexes sold for a total of $7.76 million to out of state investors. Investors from Washington State, Blacklidge Terrace Apartments – Tucson, LLC of Sammamish, WA (Marco Lizardi, manager) purchased the Blacklidge Terrace Apartments for $4.5 million ($21,635 per unit). The property was 91% occupied at time of sale. Blacklidge

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