Rosewood Property Co. Acquires Tucson Self Storage Facility From Verdad Real Estate For $19M

Rosewood Property Co, represented by Rick Perdue, has acquired a self-storage facility in Tucson, Arizona from Verdad Real Estate for $19 million. The property is located at 2538 North Country Club Road and spans 70,000 square feet. The sale price equates to approximately $271 per square foot.

Summary of transaction details

• Property Type: Self Storage
• Transaction Amount: $19,000,000
• Address: 2538 North Country Club Road, Tucson, AZ
• Market: Tucson, AZ
• Buyer: Rick Perdue - Rosewood Property Co
• Seller: Matt Zonker - Verdad Real Estate
• Broker: Barbara Guffey - Blue Horizon Storage
• SF: 70,000
• PPSF: $271

The acquisition of the self-storage facility by Rosewood Property Co was facilitated by Barbara Guffey of Blue Horizon Storage. This transaction highlights the continued interest in the Tucson market for self-storage assets, as evidenced by the significant investment made by Rosewood Property Co.