Tucson Shopping Center Sold to Investment Trust for $125.4 million

Tucson, AZ – August 23, 2012 – (RealEstateRama) — The Tucson Spectrum Shopping Center sold to a publicly-traded investment trust for $125,375,000. DDR Corp. purchased the 709,811 SF and seven developable fi nished retail pads of the Phase II portion of the regional retail center located at Irvington Road and Interstate 19. Price per square foot for this transaction was calculated at $177.00.


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