Arizona
Food Distribution Center Coming to Tucson Suburb
Shamrock Foods Company, a 100-year-old, family-owned Phoenix-based company, has acquired 81 acres f...Read more
Half of Iconic Tucson Highrise Office To Convert to Hotel
Opwest Partners has partnered with Tucson-based Iridius Capital to open a hotel inside the 23-stor...Read more
Former Tucson Sears Store Sells to Joint Venture
The Tucson Sears Store was built in 1965. It closed in 2018. Since then, 25% of it has been leased ...Read more
Tucson Hospital Buys Outlying Parcel
Tucson Medical Center (TMC) is looking to build another medical center in nearby Marana. Vintage Pa...Read more
Arizona Build-To-Rent Developer Buys 39 Acres in Casa Grande
The MODUS Companies is planning to build 470 units in the fast growing town of Casa Grande. Casa Gr...Read more
Goodyear Distribution Facility Trades for $109 Million
Newly constructed early in 2022, the property, known as Lakin Park Building 1A, is 100% leased to a...Read more
JLL Capital Arranges Building Loan for Flagstaff Apartment Project
JLL Capital Markets arranged the $49.4 million construction loan so Wexford Development could get s...Read more
Surfs Up! Maricopa May Be Site for Phoenix-Area Water Park
Big Surf was all the rage when it opened in Mesa, Arizona in 1969. Not just a huge pool, but one th...Read more
Historic Tucson Hotel to Convert to Apartments
The Hacienda Motel at 1742 North Oracle in Tucson sold for $2.85 million ($157 PSF). The 51-room mo...Read more
Southside Tucson Mercado Sells for $12.27 Million
An undisclosed California-based 1031 exchange investor paid $12.27 million for the Fiesta Mercado S...Read more
Tucson Apartment Property Trades for $165,948 Per Unit
The 232-unit Metro Tucson was sold to Vertical Street Ventures for $38.5 million. Institutional Pro...Read more
Tucson Suburb Site for New Marriott Hotel
A new Springhill Suites is on its way in Marana, Arizona, five miles northwest of Tucson. The two a...Read more
SB Pacific Group Spins Off Tucson Multifamily Asset
The California-based private equity real estate investment firm bought the property in 2017 for $14...Read more
Logan Capital Purchases 155-Unit Flagstaff Rental-Home Community
This was Logan Capital Advisors third build-for-rent (BFR) purchase in Arizona since February of 20...Read more
Tucson’s Massive Hilands Changes Hands
It's a well known Tucson property, situated on the way up to the affluent Catalina Foothills. Besid...Read more
Southern Arizona Rental Property Fetches $46.5 Million
The 252-unit Port Royale is in Sierra Vista, about an hour south of Tucson. The selling price equat...Read more
Tucson Multifamily Asset Sells for $28 Million
Next to Davis/Monthan Air Force Base and Tucson International Airport, the Palomino Crossing is nea...Read more
Lincoln Property Group to Develop Million Square Foot Industrial Park in Tucson
LPC Desert West, a division of Dallas-based Lincoln Property, is building a four-warehouse project ...Read more
High-End Retail Center Changes Hands in Tucson
Paloma Village Center sold for $18.4 million, or $480 a square foot. Situated on 12 acres, the 38,3...Read more