Arizona Star Daily
August 26, 2019
By Gabriela Rico

One of the country’s largest apartment owners has bought its fifth complex in the Tucson area.

Newton, Mass.-based Northland Investment Corp. recently added Pima Canyon Apartments to its portfolio. The sale price was $44.8 million, records from the Pima County Recorder’s Office show.

Pima Canyon is a new complex on Orange Grove Road, just west of Oracle Road, with 240 units.

Pima Canyon is a gated community and the units have 10-foot ceilings and several amenities on site. It also has room for a second phase of development, which would add an additional 50 units.

The firm was named to the 2019 National Multifamily Housing Council’s list of Top 50 Largest Apartment Owners.
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