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Oro Valley Shopping Center Trades for $41M
Tucson-based Town West Realty purchased Oracle Crossings, a Sprouts Farmers Market-anchored neighborhood shopping center in Oro Valley, AZ, from Houston-based Weingarten Realty for $40.8 million.
The 251,194-square-foot suburban Tucson center is located at Oracle Road and Magee Road. Other anchors at the 98.2%-leased property include Kohl’s and Home Goods.
Cushman & Wakefield’s Michael Hackett and Ryan Schubert negotiated the transaction on behalf of the seller.
Hackett says, “Oracle Crossings shopping center services Oro Valley with daily needs retailers including Sprouts Farmers Market. Town West Realty made an attractive purchase of this asset in this affluent suburb north of Tucson.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

