COMMERCIAL REAL ESTATE
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Oracle Gateway Shopping Center Sold
The sale of the retail portion of Oracle Gateway shopping center located at the northeast corner of Oracle Road and…
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TPA Group Breaks Ground on Butterfield Logistics Center
TPA Group has broken ground on the Butterfield Logistics Center, a significant industrial project in Tucson. The development is located…
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Tucson Commerce Center is Fully Leased
Microstar Logistics leased 72,169 square feet at Tucson Commerce Center, located at 6690 S. Alvernon Way. This lease takes up…
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Lincoln Property Company Breaks Ground on I-10 International
Full-service commercial real estate firm Lincoln Property Company recently joined with project partners and local dignitaries to break ground on…
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CBRE Announces Renewal of TDIndustries at Broadmont Drive
Tim Healy at CBRE represented the landlord Broadmont Investments in the renewal of 6,760 SF located at 3631 S Broadmont…
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Larsen Baker Signs Another Local Retailer Sunny Days Gifts to Sol Block
Larsen Baker has announced its newest lease at the Rio Nuevo Sunshine Mile redevelopment project. Retro Trek, dba Sunny Days…
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Cushman & Wakefield | PICOR Releases Q2 Industrial Market Report
During Q2 2024, Tucson’s industrial vacancy rates rose to 5.6% from a historic low of 1.8% in Q1 2023, driven…
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Cushman & Wakefield | PICOR Releases Q2 Retail Report
During Q2 2024, the Tucson retail market maintained stability with a 5.7% vacancy rate and positive absorption of 52,500 square…
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New Tucson Auto Museum Acquired for $2.7 Million
One of the recent top sales at Cushman & Wakefield | PICOR was 4825 N. Sabino Canyon Rd., which sold…
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Multi-Tenant Warehouse at 2106 N. Forbes Blvd. Sells for $3.92 Million
A recent top sale at Cushman & Wakefield | PICOR is a 40,078-square-foot, multi-tenant investment industrial property at 2106 N…
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Larsen Baker and Volk Acquire Airport Commerce Center
Larsen Baker, through its affiliate Commerce Center Developers, and Volk Company through its affiliate Commerce People, recently acquired the 135,760…
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CBRE Brokers Sale of 484-Bed, Student Housing High Rise at UArizona
CBRE has announced the sale of The Parker, a 484-bed pedestrian student housing community located across the street from the…
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Fred Astaire Dance Studios Leases Last Space in Two Oracle in Oro Valley
Larsen Baker has announced that Fred Astaire Dance Studios has leased 4,097 square feet of space at 7315 N Oracle,…
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Larsen Baker Acquires El Dorado Square Office Park
Larsen Baker, through its affiliate Dorado Opportunity Group, LLC recently acquired the nine- building office/medical campus located at 1200 N…
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Roadhouse Crossroads Leases Bed Bath & Beyond Space for New Entertainment Concept
Larsen Baker has announced that Roadhouse Crossroads, LLC has leased the 36,518-square-foot retail big box space formerly occupied by Bed…
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CBRE Arranges $15 Million in Financing for Oracle Wetmore Shopping Center
CBRE has secured $15 million in permanent financing for a shadow-anchored retail property located at the intersection of Oracle Road…
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Gantry Secures $7.8 Million to Refinance Marana Neighborhood Retail Center
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $7.8 million permanent loan to refinance…
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Larsen Baker Completes Lease Up of San Dorado Plaza, New Construction Retail Building in Oro Valley
Larsen Baker is pleased to announce three leases to fully occupy a new build retail/office building on pad F in…
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Larsen Baker Brokers Sale of Grant Road Shopping Center
Larsen Baker is pleased to announce the sale of the retail strip at 6383 E Grant Road. Known as Grant…
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Decibel Coffee Works Leases Iconic Palm Tree Building at Sol Block on Sunshine Mile
Larsen Baker is pleased to announce that Decibel Coffee Works has pre-leased 1,275 sf at its Sol Block project on…
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eegee’s Chooses Broadway Building for New Headquarters
Larsen Baker has announced that Eegee’s has leased 5,415 square feet on the third floor of the office building at…
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Montecito Medical Acquires Tucson Urology Building
Montecito Medical, a leading acquirer of medical office properties nationwide, has acquired a 14,000-medical office building in Tucson. The property…
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Big Brothers Big Sisters Establishes New Youth Mentoring Hub
Big Brothers Big Sisters of Southern Arizona has a new home for youth mentoring. The nonprofit organization has purchased two…
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Grant & Alvernon Center Has New Owner
The Grant & Alvernon Shopping Center at the southeast corner of Grant Road and Alvernon Way, has been sold to…
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Larsen Baker Sells Big Brothers Big Sisters Building
Larsen Baker has announced the sale of the 14,000-square-foot office building, 160 E. Alameda, the former home of Big Brothers…
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Gantry Secures $11.9 Million Construction Loan to Develop New Arizona Luxury Multifamily
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $11.9 million construction loan for development…
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Commercial Retail Advisors Announces A. Torano Wines Lease at Broadway Village
A. Torano Family Wines has signed a lease for 892 square feet located at 14 S. Eastbourne Ave., in the…
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Ambassador Jewelers Leases at Larsen Baker Building
Larsen Baker has announced that Ambassador Jewelers/Arizona Stamp & Coin, has leased the 2,600 square-foot suite at the Larsen Baker…
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Larsen Baker Signs First Lease at Sol Block
Larsen Baker has announced that Quisty’s Gourmet Salads and Sandwiches has pre-leased 1,332 square feet at its Sol Block project…
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Northmarq Secures $44.9 million in Construction Financing for Amavida in Marana
Northmarq’s Debt and Equity team of Brandon Harrington and Tyler Woodard secured $44.9 million in construction financing for the development…
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CBRE Arranges Lease to New Operator of Sweet Tomatoes at Former Tucson Location
CBRE has arranged a 7,024-sq.-ft. lease at the former Sweet Tomatoes location at 6202 E. Broadway Blvd. to ST Three,…
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CBRE Arranges $38.6 Million Construction Financing for Tucson Multifamily Property
CBRE has secured $38.65 million in financing for the construction of Aerie Northwest, a 144-unit multifamily property located at the…
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Cushman & Wakefield | PICOR Report Continued High Investment Activity in Central Tucson
One of the top sales near month’s end at Cushman & Wakefield | PICOR was of Vine Apartments, an 8-unit…
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Larsen Baker Announces Two Drive-Thru Chipotle Concepts
Larsen Baker has announced that Chipotle Mexican Grill’s new drive thru concept with a mobile order pick-up lane known as…
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Larsen Baker Sells Summit Hut on Speedway
Larsen Baker, through its affiliate East Speedway Plaza LLC, sold the 22,960-square foot freestanding retail building occupied by Summit Hut, located at…
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Two New Tenants at Casa Blanca Plaza
Larsen Baker announced the signing of two new tenants for a total of 16,913 square feet at Casa Blanca Plaza,…
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Larsen Baker Signs Apricot Lane Boutique at The Plaza at Williams’ Centre
Larsen Baker has announced that Apricot Lane Boutique leased 1,120 square feet at The Plaza at Williams Centre, 5480 E…
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Larsen Baker Signs Lease to Bring Original ChopShop to Tucson
Larsen Baker, through its affiliate Campbell Avenue Developers, recently acquired the retail building located at 2749 N Campbell Ave. in…
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Moderne Communities Closes on 14 Acres at Gladden Farms
MODERNE Communities recently closed on its purchase of 14-acres from Gladden Phase II for $4.35 million. The parcel is situated…
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Gantry Secures $7.5 Million to Finance Acquisition, Repositioning of Tucson Retail Center
Gantry, the nation’s largest independent commercial mortgage banking firm in the U.S., has secured $7.5 million of bridge financing for…
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Shamrock Foods Acquires 81 Acres for Distribution Center at Crossroads at Gladden
Crossroads at Gladden has 63 acres of property remaining for a mix of uses, with plans underway for a shopping…
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NAI Horizon’s Lanne Chapman Multifamily Group Negotiates Sale of Gladden Farms
HSL Properties bought 57.8 acres of vacant land from Northwest Hospital in Gladden Farms for $14.2 million ($5.64 PSF). The…
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Larsen Baker Sells Former McAlister’s Deli Building
Larsen Baker, through its affiliate First Avenue Associates, has sold the 3,750-square-foot freestanding restaurant building with drive thru located at 735…
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Spa Valencia Leases Space at Manzanita Plaza
Larsen Baker has announced that Spa Valencia has leased 1,780 square feet in Suite 238 at Manzanita Plaza, located at…
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Goodegg Investments, Break of Day Capital Acquire Mission Antigua Apartments
Commercial real estate firms Goodegg Investments and Break of Day Capital announced the joint acquisition of Mission Antigua – a 248-unit class-B+ apartment community…
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Saguaro Solar and Paracelsus Consulting Lease Space at Valencia Tech Park
Larsen Baker has announced that Saguaro Solar and Paracelsus Consulting, LLC leased 9,500 square feet and 10,000 square feet, respectively,…
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Four Walls Real Estate Purchases Jacinto Plaza Office Building
Four Walls Real Estate, LLC has purchased a 4,952 square-foot office building in Jacinto Plaza located at 2583-2585 N. 1st Avenue.…
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Larsen Baker Acquires Land in Southpointe Industrial Park for Development
Larsen Baker, through its affiliate Valencia Southpointe Partners, LLC, recently acquired the 5.6-acre parcel located at 6900 E Valencia Rd.…
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Hilands $178 Million Multifamily Sale Breaks Record for Largest in Tucson History
Institutional Property Advisors, a division of Marcus & Millichap, has announced the sale of Hilands, an 826-unit multifamily asset in…
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Broadway Crossing Fully Leased
Larsen Baker has fully leased Broadway Crossing, the recently acquired 86,500 square-foot shopping center located at 5355-5455 E. Broadway Blvd.…
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Larsen Baker sells North Building at SkyCam
The recently renovated north building at SkyCam on the northwest corner of Campbell and Skyline was sold as an owner…
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