COMMERCIAL REAL ESTATE

BizTUCSONJanuary 28, 2025

Office Building Sold in Downtown Tucson

Schmiggins Real Estate has purchased a 1,750 square-foot office building situated on a 8,715 square-foot parcel located at 239 N.…

BizTUCSONNovember 14, 2024

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…

BizTUCSONOctober 17, 2024

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…

BizTUCSONOctober 1, 2024

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…

BizTUCSONSeptember 19, 2024

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…

BizTUCSONAugust 29, 2024

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…

BizTUCSONAugust 6, 2024

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…

BizTUCSONAugust 2, 2024

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…

BizTUCSONJuly 30, 2024

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…

BizTUCSONJuly 2, 2024

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…

BizTUCSONJune 20, 2024

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…

BizTUCSONMay 2, 2024

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…

BizTUCSONMarch 29, 2024

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…

BizTUCSONFebruary 29, 2024

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,…

BizTUCSONJanuary 30, 2024

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…

BizTUCSONJanuary 10, 2024

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…

BizTUCSONNovember 28, 2023

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…

BizTUCSONNovember 23, 2023

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…

BizTUCSONNovember 2, 2023

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…

BizTUCSONNovember 2, 2023

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…

BizTUCSONOctober 31, 2023

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…

BizTUCSONOctober 3, 2023

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…

BizTUCSONSeptember 28, 2023

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…

BizTUCSONAugust 8, 2023

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…

BizTUCSONAugust 3, 2023

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…

BizTUCSONJuly 20, 2023

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…

BizTUCSONJune 30, 2023

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…

BizTUCSONApril 13, 2023

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…

BizTUCSONApril 11, 2023

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…

BizTUCSONMarch 30, 2023

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…

BizTUCSONMarch 29, 2023

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…

BizTUCSONMarch 9, 2023

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,…

BizTUCSONFebruary 21, 2023

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…

BizTUCSONDecember 29, 2022

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…

BizTUCSONDecember 28, 2022

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…

BizTUCSONNovember 29, 2022

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…

BizTUCSONNovember 15, 2022

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,…

BizTUCSONNovember 8, 2022

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…

BizTUCSONOctober 18, 2022

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…

BizTUCSONOctober 12, 2022

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…

BizTUCSONOctober 6, 2022

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…

BizTUCSONSeptember 22, 2022

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…

BizTUCSONSeptember 6, 2022

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…

BizTUCSONSeptember 1, 2022

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…

BizTUCSONAugust 18, 2022

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…

BizTUCSONAugust 5, 2022

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…