TUCSON, AZ (April 14, 2025) — This week, Richard M. Kleiner and Alexis Corona of Cushman & Wakefield | PICOR and Buzz Isaacson with CBRE, handled a new 26,953-square-foot medical office lease to Tucson Medical Center dba TMC Health Cancer Center.

The following leases were reported to Real Estate Daily News from April 7 – 11, 2025.

OFFICE – 603 N WILMOT RD., TUCSON, 85711 – East Submarket
Tucson Medical Center dba TMC Health Cancer Center leased a 26,953-square-foot medical office at 603 N. Wilmot Rd., Suites 141,151, and 2nd floor, in Tucson from Magnum Realty, LLC. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the tenant. Buzz Isaacson with CBRE, Tucson, represented the landlord.

OFFICE – MONTE V CORPORATE CENTER, TUCSON, 85716 – Central Submarket
Nesco Resource, LLC leased 2,597 square feet of office space at Monte V Corporate Center, 3501 E. Speedway Blvd., Suite 275 in Tucson, from Monte V, LLC. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant.

INDUSTRIAL – ORO VALLEY COMMERCE CENTER, ORO VALLEY, 85737 – Northwest Submarket
CJ 5 Enterprises, LLC leased 2,350 square feet of industrial space at Oro Valley Commerce Center, 10831 N. Mavinee Dr., Suite 105 in Oro Valley, from SN Investment Properties, LLC. Jesse Blum, SIOR, Principal, and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Molly Mary Gilbert, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, TUCSON, 85705 – Central Submarket
Alan Rios leased 1,360 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 140-142 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 3333 N CAMPBELL AVE., TUCSON, 85719 – Central Submarket
Petrichor Therapeutics has leased 560 SF at 3333 N. Campbell Ave., #3,  from Copper Villas,  LLC, for a 3-year term.  Robert Nolan of Oxford Realty Advisors represented the Landlord in this transaction.

RENEWALS

INDUSTRIAL – MIDPOINT BUSINESS PLAZA, TUCSON, 85711 – East Submarket
Insurely LLC renewed its lease with Pegasus Tucson Owner LLC for 5,990 square feet of industrial space at Midpoint Business Plaza, 1835 S. Alvernon Way, Suites 213, 214, 216, 217 and 3925 E. 29th St., Suite 405 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – AJO / EVANS BUSINESS PARK, TUCSON, 85713 – South Submarket
Portable Practical Educational Preparation, Inc. renewed its lease with FJM Merced Associates, LP for 2,187 square feet of industrial space at Ajo/Evans Business Park, 1200 E. Ajo Way, Suite 101-103 in Tucson. Alex Demeroutis and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – MIDWAY BUSINESS PARK, TUCSON, 85712 – Northeast Submarket
Trisha Farrar renewed its lease with Pegasus Tucson Owner LLC for 1,202 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 72 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Kettlelicious LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3230 S. Dodge Blvd., Suite 6 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TOWN CENTRAL BUSINESS PARK, TUCSON, 85711 – East Submarket
Peach Pest Co LLC renewed its lease with Pegasus Tucson Owner LLC for 1,000 square feet of industrial space at Town Central Business Park, 5003 E. 29th St., in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, TUCSON, 85713 – South Submarket
Michael Lussier renewed its lease with Pegasus Tucson Owner LLC for 900 square feet of industrial space at South Dodge Business Center, 3621 E. 44th St., Suite 12 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TOWN CENTRAL BUSINESS PARK, TUCSON, 85711- East Submarket
Molinar LLC renewed its lease with Pegasus Tucson Owner LLC for 400 square feet of industrial space at Town Central Business Park, 4963 E. 29th St., in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to REDailyNews@outlook.com

Will White of Land Advisors Organization with regional housing development maps

TUCSON, AZ (April 11, 2025) — Quarter 1 of 2025 is a wrap. Fresh on the heels of the big SAHBA/LAO Land and Housing Forecast, the Tucson housing market continues to find its way in 2025’s selling season. Signals are mixed on the national scene and in Southern Arizona. In what has become an annual tradition, we went to the source of land and homebuilders in Tucson, Will White of Land Advisors Organization -Tucson, this new year with new questions. With Q2 underway, we wanted to get Will’s thoughts on where Tucson has been and where it might be headed. Will and his partner, John Carroll, at Land Advisors Organization – Tucson, represent most of Tucson’s large-scale master-planned communities and residential projects.

Q: First, the event was great, a who’s who of the homebuilding and land industry in Tucson. What were your thoughts?

White: “Those events are very important for the Tucson market. It was a packed house, and we hit a bunch of major topics we all are dealing with in Pima County. Evan from Zonda brought a bunch of detail and our panel was brilliant and one of the best in a long time. We really enjoyed collaborating on this with David Godlewski from SAHBA and look forward to doing more of these types of events in the future.”

Q: Ok, one quarter under our belt, how do things look out there?

White: “Sales are higher this year than they were through the same time period last year. Closings are 30% higher, permits are down, and they are going to have to move up as homes need to get in the ground. We were short on inventory to start the year, and the volume and pace are higher than it was last year. Add in some material cost sensitivity, and I think the logical conclusion is that it is better to build now than wait and deal with uncertain pricing later.  All in all, while most data is similar to where we were in 2024, it feels like momentum is growing. That is what we want to see!”

Q: How is the deal flow? What are you noticing?

White: “Deal flow is as expected for the start of the ‘selling season’. A significant amount of our offerings have already closed or are slated to close by Summer. This is in spite of some new record land pricing! More of our inventory will be released in Q2/Q3, and this will include several large-scale new projects and new, big phases of some of the best-known communities in town. Builders are looking to quickly secure what remains of available ‘shovel-ready’ lots, and I don’t see that changing for any time soon. It looks really good!”

Q: Last year, you were high on a couple of builders and their strategies. How about this year?

White: “Those builders got things done and were very effective, and I think now they will focus on working through their big hauls. The rest of our limited builders in town need to buy now to keep up, especially since we have a handful of builders from outside Tucson looking to buy in. If any builder in Tucson tells you they are ok on inventory past mid-2027, I would be skeptical.”

“So you have the big 3 in Tucson that need lots to continue to feed their larger pipelines, you have the ones that are very short on lots for their business plan and will need to make some moves, and then you have the new builders to the market that are already contracting deals. Demand isn’t stopping; in fact, it is likely going to continue to grow.”

Q: Who is selling the lots?

White: “Tucson’s table is largely set. The builders here know, and have relationships, with who delivers the lots. The master-planned communities sell 75%+ of the lots in Tucson, and – at present – Sunbelt Holdings, Diamond Ventures, Crown West, and Forestar are the giants as it relates to their delivery programs to homebuilders and future pipelines. If you don’t buy lots from them yet, you will likely be buying from them soon.”

Q: The event was big on infrastructure for Southern Arizona. Give us a few thoughts on that.

White: “I have been studying the lot shortage and the infrastructure situation in Pima County for a decade. The post-pandemic era hit the fast-forward button on growth while infrastructure construction remained idle. Here’s an interesting fact: at present, we have 20,000+ lots being held off market until it is physically and economically viable to turn them on, making it critical that we expedite regional infrastructure! I’m not exaggerating when I say infrastructure is the main component now affecting the region’s affordability. It’s no longer just ‘if’ solutions come, it is now ‘how long’ will it take to construct those solutions?”

Q: Where is the growth and the momentum?

White: “Plain and simple, all growth is logically being funneled into the areas that have the infrastructure. Right now, areas that are moving and have a path to grow are north Marana, Southeast/Vail, and the Southwest submarket. It’s no surprise that these areas are the focus of the homebuilders as they always will follow the path of least resistance. Go where the lots are ready and more will be coming!

Q: LAO has been leading the charge in Tucson for more than two decades. How do you maintain your large market share and stay ahead?

White: “I always figured we are ‘ALL IN’ anyway, so why not press the pace. Despite some of the previously mentioned challenges facing Tucson – and they are real challenges, we enjoy moving the needle here. Our daily discussions are about how to put our clients in the best spot to succeed and give them an advantage in the market. For LAO Tucson, if we execute that, the market share and the volume take care of itself. We have been here a long time and have a good formula that is hard to replicate.”

Q: Okay, it’s time for the crystal ball. What do you see for the balance of the year?

White: “I see permits at about the same as last year, so around 4,300. As it picks up this summer, and due to the limited offerings, I think finished lot prices will increase somewhere in the neighborhood of 15% over the next 6 months. Until we balance the supply, prices will stay elevated. While we have our challenges, the Tucson metro area is balanced and – in my opinion – is on sound footing!”

INTERNATIONAL JAZZ DAY and INTERNATIONAL DANCE DAY

Tucson, AZ (April 11, 2025) –Tucson will celebrate two special days on April 30 on the plaza at Hotel Congress: INTERNATIONAL DANCE DAY  (designated April 29 as International Dance Day by the Dance Committee of the International Theatre Institute ITI, the main partner for the performing arts of UNESCO) and INTERNATIONAL JAZZ DAY (In November 2011, the United Nations Educational, Scientific and Cultural Organization UNESCO officially designated April 30 as International Jazz Day in order to highlight jazz and its diplomatic role of uniting people in all corners of the globe)

The Big Band Dance Era event is sponsored by the Tucson Jazz Music Foundation (TJMF) in partnership with The Century Room, with organization by its artistic director Arthur Vint (also a TJMF director and 2024 JAZZ HERO/Jazz Journalists Assn).

The celebration will feature the nationally recognized, award-winning Tucson Jazz Institute Ellington Big Band directed by Brice Winston playing dance music – a first for this band that usually plays in venues for a seated audience at various venues including FOX Tucson Theatre (Tucson Jazz Festival), Desert View Performing Arts Center (Saddle Brooke), The Highlands at Dove Mountain, The Century Room, The Sands (UofA), Tohono Chul, and the Community Performance & Arts Center (CPAC in Green Valley).

Connecting ‘swing dance’ with ‘jazz’ – two arts forms created in the U.S.A. the audience will be invited to participate in a beginner East Coast Swing/Lindy Hop dance lesson at 6 pm taught by special guest artist from Minneapolis Naomi Uyama. She’s a Lindy Hop superstar who has won many dance competitions around the country as well as a vocalist and band leader of Her Handsome Devils who will be performing after the Ellington Band. Dance music will continue until 10 pm. The dance floor will be provided by the Arizona Swing Cats, a University of Arizona dance club whose members will be on hand to assist in the dance lesson and to motivate attendees to dance!

Naomi will also teachi Lindy Hop lessons on Thursday at the Center of Creative Dance at 3131 N Cherry. Registration will be through the Arizona Swing Cats and open to the community. On Friday Naomi and Her Handsome Devils will perform two shows at The Century Room (6:30 & 9:30 pm).

Tickets for this ‘family friendly’ event are available through DICE / Hotel Congress PLAZA: FREE for those 18 and under, $10 students with valid ID, $20 adults, $30 preferred seating. All can be purchased here: Tickets

ADDITIONAL INFORMATION ABOUT THE TJI ELLINGTON BIG BAND

The TJI Ellington Big Band is preparing for a trip to NYC to attend the prestigious Essentially Ellington high school big band competition May 7-11, 2025 – an honor they have experienced 8 other times, always placing in the top three spots with five of them being 1^st place. They will be one of thirty bands competing with three of them from Spain, Australia and Japan. This competition is often described as the Super Bowl equivalent for high school big bands and it is organized and produced by Jazz Academy, a division of Jazz at Lincoln Center directed by Wynton Marsalis.  https://jazz.org/education/school-programs/essentially-ellington/

TJI Ellington Big Band consists of 16 high school students and 2 eight graders from 9 schools in Southern Arizona: 1 private school (The Gregory School), 2 middle/intermediate schools (Cross Middle School, Gallego Intermediate), and 6 high schools (Catalina Foothills HS, Tucson HS, University HS, Desert View HS, Marana HS, Nogales HS). [Cast list at the end.]

TJI Ellington Big Band’s first invitation to Essentially Ellington in 2010 resulted in a 1^st place win in the Community Band category where Wynton Marsalis said “TUCSON?” when he announced the winner. That moment put Tucson on the global jazz map and began the buzz identifying Tucson as having the best jazz music education in Arizona and the Southwest region. TJI’s wins (DownBeat, Monterey Jazz Festival, Fullerton, in addition to Essentially Ellington) also helped create a successful Tucson Jazz Festival, and more recently The Century Room – our first and only jazz club in Southern Arizona where many TJI alums perform and even headline their own bands. It’s a second home for them and reunion space during school breaks.

SPONSORS / PRESENTERS

This celebration is sponsored by the Tucson Jazz Music Foundation in partnership with The Century Room and Hotel Congress. The Foundation is a 501(c)(3) nonprofit charitable organization dedicated to making jazz music education accessible for Arizona’s youth and the community since 2012. For additional information visit: https://tjmfdn.org/international-jazz-day-international-dance-day-celebration/

The Century Room is Tucson’s jazz club in Hotel Congress since 2023. It is the downtown hotspot for featuring some of the finest and legendary jazz artists from around the country as well as local professionals. It’s partnership with the Foundation established the Century Room Jazz Education Program where national guest artists (and some locals) present master classes, workshops, and presentations for students and the community. https://hotelcongress.com/venues/centuryroom/

Naomi Uyama and Her Handsome Devils

 Naomi Uyama, vocalist, band leader, and dance instructor, from Minneapolis https://www.naomisdevils.com/about  Her Handsome Devils (locals): Scott Black/bass, Arthur Vint/drums, Sly Slipetsky/piano, Matt Mitchell/guitar, Rob Boone /trombone, Anthony Gibes/trumpet, Kevin Ravelette/reeds

Upcoming Performance: TJI Ellington Big Band performs at Tohono Chul on Sunday, April 13, 2025, 1-3 pm.

PHOTO: CAST TJI Ellington Big Band directed by Brice Winston (sorted by last name, school/district, instrument): Itzayana Alvarez, Tucson HS / TUSD, saxophone; Theo Balzer-Partain, Tucson HS / TUSD, saxophone; Ryan Burns, Catalina Foothills HS/Catalina Foothills, saxophone; Milo Fox, University HS / TUSD, trumpet; Jaxon Hirsh, Tucson HS / TUSD, saxophone (senior going to The New School in NYC – scholarship student); Zeke Hirsh, Tucson HS / TUSD, bass; Elia Johnson, Desert View HS / Sunnyside, trombone; Jayce Johnson, Desert View HS / Sunnyside, trombone (senior going to NAU); Hallie Larriva, Marana HS / Marana, trombone(senior going to NAU); Alex Meuillet, Cross MS 8th grade / Amphitheater, trumpet; David Nguyen, University HS / TUSD, tenor sax/ trumpet/ clarinet (senior going to University of Nevada Las Vegas on scholarship); Jacob Nguyen, Gallego Int 8th grade / Sunnyside, piano; Joshua Parker, The Gregory School / private, trombone; Ryan Robles, Nogales HS / Nogales, drums; Keenan Sammani, Catalina Foothills HS/Catalina Foothills, saxophone; Eli Trujillo, Desert View HS / Sunnyside, trumpet; Diego Valencia, University HS / TUSD, guitar; and Daniel Valenzuela, Desert View HS / Sunnyside, lead trumpet.