Lee & Associates Sells Tucson Whole Foods-Anchored Shopping Center for $24.8 Million

  River Center, a 117,563 SF Whole-Foods and Petco anchored shopping center at 555 E. River Rd. in Tucson, has sold for $24.775 million. The sale posted a cap rate of 5.5 percent. The January 9 closing was led by Lee & Associates Arizona principals Patrick Dempsey and Jan Fincham. The buyer was Global Retail Investors, LLC, a subsidiary of…