Cushman & Wakefield Arranges $5.2 Million Sale of Shoppes at Cortaro Ranch in Tucson

by Alex Tostado

Tuscon, Ariz. — Cushman & Wakefield has negotiated the sale of Shoppes at Cortaro Ranch, a newly constructed retail property located at 5660 W. Cortaro Farms Road in Tucson. Colorado-based Sonoma Heights acquired the asset from Terry Haute, Indiana-based Cortaro Commercial JV LLC for $5.2 million. Built this year, Shoppes at Cortora Ranch features 10,617 square feet of retail space. At the time of sale, the property was fully leased. Chris Hollenbeck of Cushman & Wakefield’s Phoenix office represented the seller in the transaction.

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