BELLINGS

Bourn Cos. Acquires Oro Valley’s Innovation Park for $21.2M

Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. The transaction encompassed approximately 30 parcels within the Innovation Corporate Center Business Park. Robert Glaser, Richard Kleiner, Greg…

Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. The transaction encompassed approximately 30 parcels within the Innovation Corporate Center Business Park. Robert Glaser, Richard Kleiner, Greg…

BELLINGS Intelligence Score: 10

Why it matters

This is a routine commercial real estate acquisition involving a $21.2 million business park sale, representing ordinary market activity with limited broader impact on credit markets or underwriting standards.

Sources

  • Connect CRE

    Bourn Cos. Acquires Oro Valley’s Innovation Park for $21.2M

    Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. The transaction encompassed approximately 30 parcels within the Innovation Corporate Center Business Park. Robert Glaser, Richard Kleiner, Greg…