PGIM Trades Tucson-Area Assisted Living Center for $23M

The Watermark at Oro Valley, a 101-unit assisted living community at 9005 N. Oracle Road in Oro Valley, sold for $23 million.

The buyer was Steller Senior Living. The seller was PGIM Real Estate.

Built in 2018, the two-story assisted living facility contains 83,059 square feet on 3.42 acres in the Shadow Mountain Estates area. The property is located in Tucson’s northwest submarket near Oracle Road and Hardy Road in Oro Valley…

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