City: Tucson

Commercial Real Estate Direct Staff Report Park Place Mall in Tucson, Ariz., which in October 2023 was deeded to the CMBS trust that held a $156.87 million loan against it, has been appraised at a value of $80 million. The shopping ...

Commercial Real Estate Direct Staff Report Olympus Property has paid $37.5 million, or $240,384/unit, for Place at Arroyo Verde, a 156-unit apartment property in Tucson, Ariz. The Fort Worth, Texas, investment manager purchased the property from MC Cos. of Scottsdale, ...

Commercial Real Estate Direct Staff Report Calmwater Capital has provided $41.1 million of financing against Moderne at Rocking K, a 224-unit apartment property in Vail, Ariz. The two-year loan, which was arranged by Way Capital, allows the owner of the ...

AZ Big Media El Rio Health has agreed to fully lease the 94,569-square-foot medical-office building at 4888 North Stone Ave. in Tucson, Ariz. The healthcare provider is taking its space from Meridian, which recently acquired the property for $8.05 million. ...

Real Estate Daily TPA Group has broken ground on Butterfield Logistics Center, a 194,879-square-foot industrial property in Tucson, Ariz. The Atlanta developer is building the property at 3725 East Columbia St., about six miles south of Tucson's downtown. Butterfield Logistics ...

AZ Big Media Lincoln Property Co. has started work on the first phase of I-10 International, a 1 million-square-foot industrial property in Tucson, Ariz. The Dallas developer is constructing the property at the southeast corner of Alvernon Way and Los ...

Commercial Real Estate Direct Staff Report Investors Capital Group has paid $60.2 million, or $209,027/unit, for Equestrian, a 288-unit apartment property in Tucson, Ariz. The Seattle investor purchased the property from Bridge Investment Group of Salt Lake City, which had ...

Commercial Real Estate Direct Staff Report Brookfield Property Partners, which owns the Town East Mall in Mesquite, Texas, and Tucson Mall in Tucson, Ariz., has asked that the $324.27 million mortgage against the properties be extended again, this time by ...

Commercial Real Estate Direct Staff Report The $192.07 million CMBS loan against the Tucson Mall in Tucson, Ariz., has transferred to special servicer Wells Fargo Bank as it's expected to default at its maturity next month. The collateral property is ...