TUCSON-A grocery-anchored, fully leased shopping plaza that wasn’t on the market has gone to a group of Phoenix investors who offered the seller $2.5 million for 25,741 sf of shadow retail space.

Jeff Chalfin with Sperry Van Ness, tells GlobeSt.com that Tucson’s Rincon Plaza wasn’t on the market when owner Harrison Family Properties of Phoenix was approached by 9240 Golf Links LLC of Phoenix with the multi-million dollar offer. “We had a relationship with the owner and knew he was willing to entertain offers so we brought him one that was accepted,” Chalfin said of the deal that delivered the deed for 9240 Golf Links.

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