facebook
Traded Co logo
Submit a Deal
3610 East Valencia Road
SOLD

Bridge Investment Group Acquires Tucson Industrial Asset For $118.6M

3610 East Valencia Road

Industrial
806,606 SF
clock iconSold 60 days ago
Molly Hunt
Kirk Kuller
Will Strong
+ 5
the dealplayerscompscontact
share iconContact now

Summary

Sale
ARIZONA
Industrial
806,606 sqft

The Tucson Commerce Center, located at 3610 East Valencia Road in Tucson, AZ, spans across 47.5 acres. The industrial property consists of two multi-tenant buildings totaling 504,163 square feet, alongside a fully leased 302,443-square-foot building. The sale price for this transaction was $118,600,000, with a price per square foot of $147.

Summary of transaction details:

Bridge Investment Group, represented by Tim Healy & Joseph Orscheln of CBRE, acquired the Tucson Commerce Center for $118.6 million. Additionally, an undisclosed buyer purchased a fully leased 302,443-square-foot building within the center for $39.6 million.

Players

  • All

    9

  • Agents

    7

  • Agencies

    2

Molly Hunt's profile picture
Molly Hunt
Cushman & Wakefield-image
Associate
$479.5M Sold
Kirk Kuller's profile picture
Michael Matchett's profile picture
Dean Wiley's profile picture
Tim Healy's profile picture

Details

Deal Summary
minus icon
SOLD
IMAGE: 05/14/2024 ADDRESS: 3610 East Valencia Road MARKET: Tucson, AZ ASSET TYPE: Industrial ~ ACRES: 47.5 BUYER: Bridge Investment Group SELLER: Flint Development BUYER'S REP: Tim Healy & Joseph Orscheln - CBRE SELLER'S REP: Dean Wiley, Kirk Kuller, Michael Matchett, Molly Hunt & Will Strong - Cushman & Wakefield SALE PRICE: $118,600,000 SF: 806,606 ~ PPSF: $147 NOTE: Bridge Investment Group and an undisclosed buyer acquired the Tucson Commerce Center for $118.6 million. Bridge Investment Group bought two multi-tenant buildings totaling 504,163 square feet for $79 million, while the separate buyer acquired a fully leased 302,443-square-foot building for $39.6 million.

View on map

Loading...

Address3610 East Valencia Road

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want