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March 20, 2019
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AZ Neighborhood Shopping Center Fetches Over $40 Mil

12/20/18

Oracle Crossings, a 251.2k sf Sprouts Farmers Market-anchored neighborhood shopping center Oro Valley, AZ, was purchased by Tucson-based Town West Realty for $40.8 mil ($162/sf). The property was sold by Weingarten Realty of Houston.

Oracle Crossings is located at the southwest corner of Oracle Rd and Magee Rd. The center, anchored by Sprouts Farmers Market, Kohl’s and Home Goods, is currently 98.2% leased to a diverse tenant roster.

Michael Hackett and Ryan Schubert of Cushman & Wakefield’s Phoenix office negotiated the transaction on behalf of the seller.





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