Cushman & Wakefield announced the firm has brokered the sale of Tucson Fiesta, a 93,005-square-foot shopping center asset in Tucson, Arizona. Located at the NWC corner of Oracle Rd and Limberlost Dr, the asset consists of three retail anchor buildings at 4215, 4225 and 4235 N Oracle Rd that are fully leased to three major retailers in the discount furniture, clothing, and golf industries.

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Eagle, ID-based Alturas Real Estate Funds acquired the property for $14.6 million from EVT Tucson Fiesta, LLC. Cushman & Wakefield’s Chris Hollenbeck represented the buyer in the transaction.

“Tucson Fiesta was a very attractive investment acquisition with a super tenancy of well-established, high quality brands and a desirable location along heavily trafficked Oracle Rd and across the street from the premier dining and entertainment district of Tucson,” said Chris Hollenbeck. “Buyers from across the country remain drawn to commercial properties in Arizona.”