{"id":1004121104,"date":"2015-06-12T08:01:19","date_gmt":"2015-06-12T16:01:19","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=352746"},"modified":"2025-02-25T23:19:28","modified_gmt":"2025-02-26T07:19:28","slug":"massachusetts-investor-buys-into-tucsons-m-f-market","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/massachusetts-investor-buys-into-tucsons-m-f-market\/","title":{"rendered":"Massachusetts Investor Buys into Tucson\u2019s M-F Market"},"content":{"rendered":"<div id=\"attachment_352747\" class=\"wp-caption alignright\" style=\"width: 310px\"><a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Domain-3201-Apartment-Homes-tucson.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-352747\" title=\"Domain 3201 Apartment Homes tucson\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Domain-3201-Apartment-Homes-tucson.jpg\" alt=\"Domain 3201 Apartment Homes\" width=\"300\" height=\"225\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">Domain 3201 Apartment Homes<\/p>\n<\/div>\n<p>Northeast meets Southwest \u2013 Aspen Square Management, a company headquartered in West Springfield, Mass., has just closed on a multifamily neighborhood in Tucson\u2019s Casas Adobes submarket.<\/p>\n<p>The Place at Tierra Rica at 3201 and 3225 West Ina Road was previously part of the MC Companies portfolio. Berkadia sold the property on behalf of the Scottsdale, Ariz.-based company. The transaction marks the buyer\u2019s second acquisition in Tucson, following The Ledges at West Campus on West Speedway Boulevard. The new owner renamed the property Domain 3201 Apartment Homes.<\/p>\n<p>Located near Interstate 10, Domain 3201 is less than 2 miles from the Foothills Mall and the Omni Tucson National Resort. Northwest Medical Center and Raytheon are also considered main employers in the area, with premises within easy reach from the community. The 288-unit property was built in 1988, and it offers various floor plan options with up to three bedrooms.<\/p>\n<p>The property sold for $14.3 million or $49,479 per unit, around$69 per square foot. The Berkadia marketing team was led by Senior Managing Director Art Wadlund and Associate Clint Wadlund of the firm\u2019s Tucson office.<\/p>\n<p><em>Photo credits:\u00a0Aspen Square Management<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Northeast meets Southwest &ndash; Aspen Square Management, a company headquartered in West Springfield, MA, has just closed on a multifamily neighborhood in Tucson&rsquo;s Casas Adobes submarket.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[1815],"class_list":["post-1004121104","post","type-post","status-publish","format-standard","hentry","category-latest","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Massachusetts Investor Buys into Tucson\u2019s M-F Market - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/massachusetts-investor-buys-into-tucsons-m-f-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Massachusetts Investor Buys into Tucson\u2019s M-F Market\" \/>\n<meta property=\"og:description\" content=\"Northeast meets Southwest &ndash; Aspen Square Management, a company headquartered in West Springfield, MA, has just closed on a multifamily neighborhood in Tucson&rsquo;s Casas Adobes submarket.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/massachusetts-investor-buys-into-tucsons-m-f-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-12T16:01:19+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-26T07:19:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Domain-3201-Apartment-Homes-tucson.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Massachusetts Investor Buys into Tucson\u2019s M-F Market\",\"datePublished\":\"2015-06-12T16:01:19+00:00\",\"dateModified\":\"2025-02-26T07:19:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/\"},\"wordCount\":192,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/06\\\/Domain-3201-Apartment-Homes-tucson.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/massachusetts-investor-buys-into-tucsons-m-f-market\\\/\",\"name\":\"Massachusetts Investor Buys into Tucson\u2019s M-F Market - 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