Real Estate.jpg

The Canyons at Linda Vista Trail was recently acquired by Northland Investment Corporation. The move brings the company’s Tucson portfolio to roughly 1,800 units.

Northland Investment Corporation recently announced the acquisition of The Canyons at Linda Vista Trail in Oro Valley. The property offers 228 one- to three-bedroom multifamily units across 13 acres, and is Northland’s fourth acquisition in the Tucson area.

The Canyons at Linda Vista Trail community is located less than one mile from Northland’s multifamily asset in Oro Valley, Villas at San Dorado. This acquisition gives Northland 26 percent of the multifamily inventory within this region, and brings its Tucson portfolio to nearly 1,800 units.

Sales and Leases

Sean-Jacob Company, LLC dba: The Dapper Doughnut leased 1,040 square feet located at the 4016 N. First Ave., Ste. 180 from Shoppes at 1st & Roger, LLC. Craig Finfrock of Commercial Retail Advisors, LLC represented the landlord. Christopher Tsighis of Coldwell Banker represented the tenant.

QuanAnhdai, LLC purchased 2643 N. Campbell Ave. from Campbell 19G, LLC for $1.25 million. Jeramy Price of VOLK Company handled the transaction.

The River 5 LLC purchased a 3,926-square-foot condominium located at 1640 E. River Road for $779,000. Brenna Lacey of VOLK Company represented the buyer. Tom Nieman of Cushman & Wakefield | PICOR represented the seller.

SRP Three LLC purchased a 1,200-square-foot restaurant space located at 1060 S. Kolb Road, and leased the property to Sonoran Brunch Company, LLC. Jeramy Volk of Volk Company represented both transactions.

Nutrition One LLC purchased a 4,005-square-foot building located at 2537 N. Stone Ave for $295,000 from New Phoenix Investments LLC for $295,000. Kevin Volk of Volk Company represented the buyer. Ron Zimmerman and Rob Tomlinson from Cushman & Wakefield | PICOR represented the seller.

Verizon Wireless LLC leased a 2,366-square-foot pad building located in front of the El Con Mall, 3601 E. Broadway Blvd., from TKG El Con Center LLC. Brenna Lacey, Kevin Volk and Jeramy Prive from Volk Company handled the transaction.

Quality Lube & Tune, LLC purchased a 47,810-square-foot parcel of land at Lot 5 of Shops at Thornydale from BOKF, NA. Debbie Heslop, CCIM, from Volk Company, represented the seller.

Good Deals LLC leased 12,116-square-feet of space located at 3820 N. Oracle Road from 3838 Oracle Plaza Joint Ventures LLC. Craig Finfrock from Commercial Retail Advisors represented the landlord. Rick Borane of Volk Company represented the tenant.

The Wong Family Limited Partnership, LLP purchased Lot 3 of Houghton Town Center, a 15,253-square-foot parcel of land located at 10282 E. Old Vail Road, for $300,000 with the intent of developing a fast food restaurant. Jeramy Price of Volk Company handled the transaction.

OV Vapescape leased 1,400-square-feet of space in Vistoso Plaza, 12112 N. Rancho Vistoso Blvd., from Vistoso Opco LLC. Jeramy Price and Kevin Volk of Volk Company represented the landlord.

Arizona Computer Guru LLC leased 758-square-feet of space at 2748 N. Campbell Ave., from Gee Properties-3 LLC. Kevin Volk of Volk Company represented the tenant. Jesse Peron from CBRE represented the landlord. 

Cole Valley Partners, LLC purchased the northeast corner of East 22nd St. and South Alvernon Way from Kettenbach, LLC. Scott Soelter and Ben Craney with NAI Horizon of Tucson represented the seller. GPS Retail out of Phoenix represented the buyer.

Continental Professional purchased a 6,192-square-foot office building located within Silverbell Plaza, 8555 N. Silverbell Road. David Volk and Bruce Suppes of CBRE’s Tucson office represented the seller.

Dish Network Services, LLC leased a 6,400-square-foot industrial space located at 4261 S. Station Master Drive from Broadmont Investments, LLC. Tim Healy and Jesse Blum of CBRE’s Tucson office handled the transaction.