TUCSON, ARIZONA (Sept. 10, 2026) — Ventas, Inc., one of the nation’s largest healthcare real estate investment trusts, has acquired Sierra Del Sol Assisted Living | Memory Care and Respite Care at 8151 E. Speedway Blvd. in Tucson for $14.96 million.

The transaction closed September 2, 2026.

VTR Sierra Del Sol LLC purchased the 135 units, 140 bed senior living property from KRE Tiger Sierra Del Sol LLC, an entity affiliated with Kohlberg Kravis Roberts & Co., also known as KKR.

The sale equates to approximately $110,814 per unit, $106,857 per licensed bed and $151.34 per square foot.

The property contains approximately 98,852 square feet in two buildings on 4.69 acres. It was constructed in 1997 and is licensed as a 140-bed memory care and assisted living community. Amenities include dining areas, living and activity rooms, a library, pool lounge, movie theater, television room and outdoor patios.

The buyer contact, Alex Russo joined Ventas in 2025 and oversees acquisitions, strategic transactions, underwriting and other investment activity for the company and Ventas Investment Management. Prior to joining Ventas, he spent 18 years with Lazard, where he led the firm’s coverage of the healthcare real estate sector.

The acquisition adds another senior housing asset to Ventas’ extensive healthcare real estate portfolio. The Chicago based company owns or has investments in senior housing, outpatient medical facilities, research and innovation properties and other healthcare related real estate across North America and the United Kingdom.

Sierra Del Sol previously sold in 2018 for $12.32 million, showing the latest transaction reflects an increase of approximately $2.64 million, or about 21 percent, from the prior sale.

TUCSON, ARIZONA (Sept. 9, 2026) — Courtesy Automotive Group has expanded into Tucson with the acquisition of Watson Chevrolet and Infiniti of Tucson with the acquisition of Watson Chevrolet and Infiniti of Tucson, including a $29.5 million real estate transaction for the Watson Chevrolet dealership at 625 W. Auto Mall Drive.

Pinnacle Mergers & Acquisitions facilitated the sale of the two Tucson dealerships to Scott Gruwell, President and CEO of Courtesy Automotive Group. The dealership transaction closed August 31, 2026, with Watson Chevrolet becoming Courtesy Chevrolet of Tucson and Infiniti of Tucson becoming Courtesy Infiniti of Tucson.

Courtesy RE of Tucson LLC acquired the Watson Chevrolet and Infiniti property at 625 W. Auto Mall Drive, Tucson, AZ 85705, from Watson Chevrolet Inc. for $29.5 million. The real estate sale transaction was recorded September 1, 2026.

The Central Tucson property encompasses approximately 15.01 acres, or 653,880 square feet, within the Tucson Auto Mall. Improvements total approximately 113,339 square feet among eight buildings constructed in 1988. The purchase equates to approximately $260.28 per square foot of building area.

The transaction included the operating business and was identified as an owner user acquisition, indicating Courtesy will continue operating the property as an automobile dealership.

The dealership acquisition includes both Watson Chevrolet and Infiniti of Tucson. Pinnacle Mergers & Acquisitions Founder and CEO Bill Scrivner advised and facilitated the transaction.

Courtesy Automotive Group traces its roots to 1955, when Courtesy Chevrolet was founded in Phoenix. The family owned company grew from a single Chevrolet dealership into a multibrand automotive group with locations across Arizona and Southern California. Scott Gruwell, President and CEO, began his career at Courtesy Chevrolet as a retail salesperson working alongside his father and later helped expand the company into brands including Chevrolet, Chrysler, Dodge, Jeep, RAM, Nissan, Kia, Volvo, Polestar and Isuzu Truck. The group marked its 70th anniversary in 2025.

The acquisitions significantly expand Courtesy Automotive Group’s presence into the Tucson market and establish the Courtesy name at two existing Tucson automobile dealerships.

TUCSON, AZ (Sept. 8, 2026) — Tucson Lease Report activity totaled 23,774 square feet in the latest reported transactions, led by The Room Store’s 6,000-square-foot expansion at Speedway Square Shopping Center. The activity included retail, industrial, office and medical users across Tucson and Oro Valley. The 11 transactions totaled 23,774 square feet, consisting of 10,967 square feet of retail space, 9,784 square feet of industrial and office/warehouse space, and 3,023 square feet of office space.

NEW LEASES
Retail – 5611 E. Speedway Blvd., Tucson, AZ 85712 – Northeast
The Room Store, LLC leased an additional 6,000 square feet at Speedway Square Shopping Center, 5611 E. Speedway Blvd. in Tucson. The expansion brings the furniture retailer’s total occupancy at the center to 14,994 square feet. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord and handled the transaction.

Industrial – 740 E. 46th St., Tucson, AZ 85713 – South
Revive Church of God leased 2,565 square feet of industrial space from RRL Inc. at 740 E. 46th St. in Tucson. Max Fisher of BRD Realty handled the transaction.

Office/Warehouse – 8101 E. Research Court, Suite 105, Tucson, AZ 85710 – East
Self-Synergy LLC leased 2,284 square feet of office/warehouse space from Research Investors LLC at 8101 E. Research Court, Suite 105, in Tucson. Max Fisher of BRD Realty handled the transaction. The space will be used for an outpatient physical therapy and medical rehabilitation clinic serving veterans.

Office – 9740 N. Oracle Rd., Suite 102, Oro Valley, AZ 85737 – Northwest
Inspired Life Chiropractic & Wellness, LLC leased 2,056 square feet of office space at El Corredor Shopping Center, 9740 N. Oracle Rd., Suite 102, in Oro Valley, from Christoferson AZ Investments LLC. Aaron LaPrise and Rob Tomlinson, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord. Bruce Suppes with CBRE, Tucson, represented the tenant.

Industrial – 2420 W. Ruthrauff Rd., Suite 160A, Tucson, AZ 85705 – Central
Tucson Tile & Grout, LLC leased 1,435 square feet of industrial space at Ruthrauff Commerce Center, 2420 W. Ruthrauff Rd., Suite 160A, in Tucson, from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Retail – 446 W. Valencia Rd., Tucson, AZ 85706 – South
Zenith Vape & CBD leased 1,180 square feet of retail space at Valencia Mercado, 446 W. Valencia Rd. in Tucson, from Valencia Mercado Manager LLC. Rob Tomlinson and Aaron LaPrise, Principals and Retail Specialists with Cushman & Wakefield | PICOR, handled the transaction.

Industrial – 3820 E. 44th St., Suite 416, Tucson, AZ 85713 – South
South Tucson Wolfpack leased 1,100 square feet of industrial space from RR 44 Inc. at 3820 E. 44th St., Suite 416, in Tucson. Max Fisher of BRD Realty handled the transaction.

Office – 17 W. Wetmore Rd., Suite 300, Tucson, AZ 85705 – Central
The Watkins Agency, LLC leased 967 square feet of office space at 17 W. Wetmore Rd., Suite 300, in Tucson, from Coronado Tower Tucson, LLC. Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Matthew Bustamante with Trilogy Commercial Real Estate represented the tenant.

Industrial – 5023 E. 29th St., Tucson, AZ 85711 – East
Tail Waggin L.L.C. leased 600 square feet of industrial space at Town Central Business Park, 5023 E. 29th St. in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

Retail – 3175 N. Swan Rd., Suite 125, Tucson, AZ 85712 – Northeast
BMO Bank renewed its lease with Swan Retail, LLC for 3,787 square feet of retail space at The Shoppes at Creekside, 3175 N. Swan Rd., Suite 125, in Tucson. Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Bruce Suppes with CBRE, Tucson, represented the tenant.

Industrial – 3601 E. 44th St., Suite 106, Tucson, AZ 85713 – South
Bella Luna Beverages LLC renewed its lease with Pegasus Tucson Owner LLC for 1,800 square feet of industrial space at South Dodge Business Center, 3601 E. 44th St., Suite 106, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

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