The buyer is Tropic Investments LLC, a private group headed by principal Jan Hinton that is based in the suburb of Glendale. The 100,000-sf complex stands at 4331 N. 44th Ave.
The mixed-use facility is leased to Popular Outdoor, a retailer of outdoor sporting goods. Tropic Investments was represented by the Tucson office of Marcus & Millichap Real Estate Investment Brokerage Co.
The seller is Blossoms Blooming LLC, a private Phoenix group headed by Jonathan Tratt. Blossoms Blooming represented itself in the transaction.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.