2015 Q1 Sales Archive

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Del Norte Shopping Center Trades for $1.15 Million to be repositioned

The Del Norte Shopping Center at 902 – 954 West Prince Road in North Central Tucson sold for $1.15 million ($42 PSF) to California investors, Marlene and Louis Morago of Sacremento, California. The 27,543-square-foot center, located at the northwest corner of Prince and Fairview, was built in 1961 and sold with 21 potential tenants, 92%

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Multifamily Properties Continue Quick Sale Pace in Tucson

Multifamily property sales ended 2014 on a strong note and continued into the new year without skipping a beat. With a current 8.87% vacancy rate in metro Tucson and interest rates remaining low, there’s a healthy appetite for multifamily properties of all sizes in urban areas. These following multifamily sales closed within the past two

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