Tucson
Arizona Business Owners Stand Against Opening Too Soon
More than 400 small business owners in Arizona have signed a petition at Too Soon Arizona indicating they don’t plan… Read more
Kidder Mathews Brokers 143-Acre Arizona Land Deal
Phoenix-area investor and developer Southern Cross, LLC acquired a 143-acre development site in Casa Grande, AZ for $1.5 million. The… Read more
1031 Exchange Buyer Bags Tucson Safeway for Nearly $11M
South Lind Square, LLC completed a 1031 exchange involving the purchase of the Safeway at La Toscana Village in Tucson… Read more
Raytheon, Aerojet Rocketdyne Strike $1B Strategic Sourcing Deal for Missile Programs
Tucson-based missile maker Raytheon Co. signed a new $1-billion multiyear deal for propulsion systems with California-based Aerojet Rocketdyne. The deal… Read more
NorthMarq Sells, Finances Tucson Value-Add MF for $19M
Rancho Del Mar Apartments, a 312-unit property located near Campbell Avenue and South of Drexel Road in Tucson, sold for… Read more
NexCore Group Launches Construction on 60-Bed Northwest Transitions
NexCore Group began construction on Northwest Transitions, a post-acute care (PAC) center for Northwest Healthcare and Community Health Systems (CHS).… Read more
Customs and Border Protection Moving to TIA Executive Terminal
The U.S. Customs and Border Protection (CBP) is moving to its new location, at Tucson International Airport’s old executive terminal.… Read more
Buena Vista Takes 50K SF for New Clinic
Close to two years after Mainstreet Health pulled its Rapid Recovery Center concept out of Arizona, a new tenant moved… Read more
Rancho de Los Cerros Hits the Auction Block
Rancho de Los Cerros, consisting of a replica 1800s Western town, historic carriage house, 8,000-square-foot hacienda, swimming pool and event… Read more
Partner Engineering Acquires MC Consultants’ Environmental Services Division
Partner Engineering and Science Inc. acquired the Phoenix-based Environmental Services Division of MC Consultants Inc. The acquisition will help the… Read more
UA to Break Ground on 120K-SF South Side Tech Building
The Boyer Co., in conjunction with the University of Arizona, began construction on The Bridges, a four-story, 120,000-square-foot tech-oriented building… Read more
Tucson’s 977-Bed Sol y Luna Trades for Record-Breaking $200M
Nelson Partners Student Housing acquired Sol y Luna, a 341-unit, 977-bed student housing complex serving the University of Arizona in… Read more
Rosewood Property Acquires Colorado Springs Self-Storage Center
Rosewood Property Co. shook hands with a Tucson, AZ entity to buy Front Range Self-Storage, a 658-unit property in Monument,… Read more
Bascom Group Sells Two MF Assets for Combined $88M
The Bascom Group and funds managed by Oaktree Capital Management LP sold two Tucson multifamily properties, totaling 486 units, to… Read more
Hines Partners with Watermark, MorningStar on Senior Developments
Developer Hines launched a senior living program that will lead to senior housing developments with best-in-class operators. So far, the… Read more
Seattle, Bay Area Remain Two Hottest Markets for Tech Talent
There is still time to join us tomorrow for Connect Bay Area at the Grand Hyatt San Francisco. Get more… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
MBARK Global Pays $27M for 211K SF
MBARK Global acquired 4690 N. Oracle Rd. in Tucson, AZ. The 211,152-square-foot building is on a long-term lease to Comcast,… Read more
Yardi Matrix: A Steady March for Multifamily
Yardi Matrix’s March 2019 multifamily report showed that U.S. rents remained steady, with rent increases during the month led by… Read more