City: Tucson

Greenwater Real Estate Management has paid $32 million, or $106,312/unit, for the Peaks at Redington, a 301-unit apartment complex in Tucson, Ariz. The locally based company purchased the 13-building property from MF Asset Management, which had paid $53.9 million for it ...

Commercial Real Estate Direct Staff Report A venture of Cohen & Steers Income Opportunities REIT Inc. and Phillips Edison & Co. has paid $53.85 million, or $202.80/sf, for the 265,530-square-foot Oracle Crossings retail property just north of Tucson, Ariz. The ...

Commercial Real Estate Direct Staff Report An affiliate of Bascom Group has paid $45.5 million, or $157,439/unit, for the 289-unit Domain 3201 apartment property in Tucson, Ariz. The Irvine, Calif., investment manager acquired the property, at 3201 West Ina Road, ...

Commercial Real Estate Direct Staff Report Break of Day Capital has paid $33 million, or $110,000/unit, for the 300-unit River Oaks apartment property in Tucson, Ariz. The Manhattan Beach, Calif., investment manager, led by real estate syndicator Gary Lipsky, acquired ...

Commercial Real Estate Direct Staff Report AndMark Management Co. has paid $28.25 million, or $103,860/unit, for the 272-unit Brookwood apartment property in Tucson, Ariz. The Los Angeles investment manager, which invests in apartment properties through a series of funds, bought ...

Mortensen Development Inc. has paid $25 million for a 2.5-acre development site at 1815 East Speedway Blvd. in Tucson, Ariz. The Minneapolis developer acquired the property from two limited liability companies that were represented by Transwestern. Meanwhile, Mortensen is planning ...