Developer acquires commercial acreage in Oro Valley

Venture West Group Sells Innovation Park in Oro Valley, Arizona for $21.2M

ORO VALLEY, ARIZ. — Venture West Group has sold Innovation Park, a 333-acre master-planned business park in Oro Valley, to Bourn Cos. for $21.2 million. Robert Glaser, Richard Kleiner, Greg Furrier, Alexis Corona and Natalie Furrier of Cushman & Wakefield | PICOR represented the seller in the transaction. Kate Zimmerman, also with Cushman & Wakefield | PICOR, supported the transaction. Located at the northwest corner of Oracle and Tangerine road…

Developer acquires commercial acreage in Oro Valley

By Real Estate Daily News 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 transactio…