Holualoa Sells Campbell Plaza for $32M

TUCSON-Camelback Corporate Center Joint Venture LLC, a company controlled by locally based Holualoa Cos., ended its close to 15-year hold on Campbell Plaza, selling it to entities belonging to Krausz Cos., which is headquartered in San Francisco. When the dust settled, the seller received $32.3 million for the 190,000-square-foot retail asset, which is anchored by an Albertsons grocery store.

The center, situated on the northeast corner of Campbell Avenue and Glenn Street, is also home to other regional and national credit tenants such as Ace Hardware, Panda Express, Rubio’s Fresh Mexican Grill, T-Mobile, Jamba Juice, GameStop, Old Chicago Restaurant, Five Guys Burgers and Fries and Sauce Pizza and Wine.