Tucson shopping center sells for $18.4M | Subscriber

A Catalina Foothills-location searching middle has been bought by traders for $18.4 million. The 33,347-square-foot Paloma Village Middle, on the southeast corner of Skyline Push and Campbell Avenue, sits on 4.49 acres.

Tenants include things like Fleming’s Steakhouse, CVS, Starbucks and several modest retail and service businesses. Chad Tiedeman and Danny Gardiner, with Phoenix Business Advisors, represented the seller.

“Along with the area, the encompassing community, Catalina Foothills, supplies the house with a single of the most affluent purchaser trade areas in the point out which served entice the consumer,” Tiedeman said.

No adjustments to the heart have been declared.

Other local real estate transactions include:

Equinox on Prince, a 114-unit complex at 1625 E. Prince Highway, was bought by buyers for $21.1 million. Clint Wadlund, Hamid Panahi, Steve Gebing and Cliff David, with Institutional House Advisors, represented the vendor, Waahe Capital and the consumer, Vertical Road Ventures.

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The lately renovated making on the northwest corner of Campbell Avenue and Skyline Generate occupied by Charles Schwab was bought by 6401 N. Campbell JV LLC for $5.8 million. The seller, Skyline Encantada Traders LLC, was represented by Isaac Figueroa with Larsen Baker.

ZFI LLC and Caneel Investments AZ LLC acquired the 24-unit Vista del Sol intricate at 3810 E. Monte Vista Push from Mantel Qualities LLC for $2 million. Joseph Chaplik and Joe Boyle, with Joseph Bernard Investment True Estate, taken care of the sale.

407 Utah JGJ LLC purchased a 6-unit apartment advanced at 407 W. Utah St. from Guillermo Qualities LLC for $925,000. Chris Tsighis, with Coldwell Banker, represented the seller, and Rick Horst, with Keller Williams Realty, represented the buyer.

Ralph’s Shifting and Storage leased 60,000 square ft of industrial place at 6760 S. Lisa Frank Ave. from Greenbean Investments LLC. Robert Glaser, with Picor, represented the landlord, and Mark Irvin, with Mark Irvin Commercial Genuine Estate Providers, represented the tenant.

The Silverbell Center searching center, 8547 N. Silverbell Road, has two new tenants. Southern Arizona Spirit Squad LLC leased 1,158 sq. ft for a dance studio centered on pom, hip hop, jazz and procedure classes. Daniel and Sarai Monreal, of the Door Church Marana, leased 1,708 sq. toes for a non-denominational Christian church. Craig Finfrock, with Business Retail Advisors, represented the landlord, Namaki Dwelling Belief.

Info for Tucson True Estate is compiled from records at the Pima County Recorder’s Workplace and from brokers. Ship information and facts to Gabriela Rico, [email protected]