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Investment from an Owner's Perspective.


What We Do

Ashland Group is a real estate investment and development company.  We manage and develop raw land, industrial, self-storage, and office buildings.


Our History

Ashland Group and the Hearon Company is a third generation family business that has been invested in Arizona since 1935.  


Our Value

We invest our own capital along with our partners in every investment we manage.   This alignment with our investors allows us a strong sense of ownership throughout the process to maximize returns; from asset selection, due diligence and development, to operation and eventual exit.

 Ashland Group Overview

Completed Projects

New Projects Under Development

Years Of Investment Experience

Executive Team

Duff has over 35 years of commercial real estate investment experience. As the owner of Ashland Group since 1985, Duff and his partners have syndicated and operated over 100 million dollars in assets and transactions.  Before starting Ashland, Duff obtained his CPA while working for Arthur Andersen in Chicago.  He then returned to the University of Arizona to earn his JD and practiced law as a tax and commercial attorney with Molloy, Jones & Donohue. 

Duff is a board member of the Arizona Commerce Authority and the Southern Arizona Leadership Council.  He is active in fundraising for the First Tee and Boys and Girls Club of Tucson through the Tucson Conquistadors, and many other activities. 

Duff Carson Hearon

President & CEO

Duff James has over 14 years of experience in real estate and asset management.  He obtained his business degree in Accounting from University of Arizona and began his career in management consulting and finance, primarily in the financial services industry.  He obtained his CPA while working with Ernst & Young and then worked in multiple hedge funds before joining Ashland Group full-time.

Duff James is an active member of the Urban Land Institute, Pinal Partnership, Valley Partnership and Metropolitan Pima Alliance.  He also volunteers with the First Tee Phoenix.

Duff James Hearon

Vice President


1050 E River Rd Suite 300 Tucson, AZ 85718

3610 N 44th Street Suite 140 Phoenix, AZ

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