ORO VALLEY, ARIZ. (Aug. 25, 2026) — Bourn Companies, through BP Innovation Partners, LLC, has acquired approximately 335 acres of undeveloped commercial land within Innovation Park in Oro Valley for $21.25 million, according to RED Comps research.
The transaction closed July 22, 2026. The property is 333.57 acres, or approximately 14.53 million square feet, reflecting a land value of approximately $63,705 per acre, or $1.46 per square foot. The transaction encompassed approximately 30 parcels within the Innovation Corporate Center Business Park.
The seller was VWI / Vistoso Investment, LLC, affiliated with Venture West Group and represented by Neil Simon. The buyer was BP Innovation Partners, LLC, affiliated with BP Innovation Investors, LLC and represented by Don Bourn. Rick Kleiner and Rob Glaser with Cushman & Wakefield | PICOR represented the seller in the transaction…