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Old 08-06-2019, 05:46 AM
694 posts, read 695,756 times
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Arizona Daily Star regular real estate column.


New Calif. owners to renovate Orange Grove shopping center

By Gabriela Rico


Orange Grove Village Shopping Center has been sold to California investors who plan a major renovation.

The center is on the northwest corner of West Orange Grove and North Oracle roads.

After 55 years of ownership, Tucson based 4-D Properties sold the 19,154-square-foot retail strip center.

Records with the Pima County Recorder's Office list a sale price of $2.7 million.

Stickley Design Group is working on the renovation drawings. Chapman Management Group has been hired as the property manager and Commercial Retail Advisors will continue in its capacity as the project leasing agent.

Craig Finfrock of Commercial Retail Advisors LLC represented both the seller and the buyer, S1K LLC.

Other recent commercial transactions include:

•Palm Canyon Apartment Homes, 2255 W. Orange Grove Road, sold to Seattle-based Thayer Manca Residential for $40.3 million. Art Wadlund and Clint Wadlund, of Berkadia's Tucson office, represented the seller, Houston-based Domain Communities (continued...).
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Old 08-06-2019, 06:03 AM
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I go to The Parrish on a regular basis, so that part of the complex is decent. But the rest of that strip mall is dated and could use access to Orange Grove.
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