HSL Properties has purchased a 13.59-acre multifamily development site adjacent to the Tucson Premium Outlets, 6401 W Marana Center Blvd., near Interstate 10 and Twin Peaks Road.
The company plans to build a 285-unit apartment complex on the site, known as Marana Center Parcel 3. The purchase price was $3.7 million. Mike Chapman and Justin Lanne, of NAI Horizon, represented the seller, Vintage Partners of Phoenix, doing business as VP Marana Investments LLC.
A four-story, 101-room Hampton Inn hotel is under construction on the mall’s east side, with completion planned later this year.