TUCSON, AZ (March 3, 2026) — Rick Borane of VOLK Company represented the seller, Lauremar Inc., in two recent sales totaling $2,200,000. Both properties are former Famous Sam’s Fun Food & Spirits locations.

8058 N. Oracle Road sold for $1,200,000 and includes approximately 6,600 square feet of improvements on approximately 55,413 square feet of land. The property will be redeveloped into the new corporate headquarters and showroom for the buyer, Area 51 Audio Engineering & Consulting, Inc. The buyer was represented by Omer Kreso and Michael Pedicone of Realty Executives Arizona Territory.

2048 E. Irvington Road sold for $1,000,000 and includes approximately 5,976 square feet of building improvements on approximately 45,120 square feet of land. The buyer, McSpillers Holdings, LLC, plans to redevelop the site into iSmile Dentistry, a dental practice whose team has served the community since 2002.

The seller, which continues to operate Famous Sam’s Fun Food & Spirits at Manzanita Plaza (West Valencia and Cardinal), welcomes loyal patrons and newcomers alike to visit and enjoy the full menu—including Sam’s Famous Hot Pastrami & Cheese Samwich.

For more information, contact Borane at 520.326.3200. Kreso and Pedicone are at 520.247.7480.

Source: RED Comp #12361and 12249

TUCSON, AZ (March 2, 2026) — Tucson commercial lease report activity for the week totaled 100,699 square feet, led by 81,548 square feet of industrial transactions, plus 11,803 square feet of office leasing and 7,348 square feet of retail deals. The largest industrial lease was Nolato GW, Inc., renewing 28,971 square feet at Bay Colony Technology Center, 2700 E. Executive Dr., handled by Cushman & Wakefield | PICOR. The top office lease was Coldwell Banker Residential leasing 7,460 square feet at Sunrise Corporate Center, 3300 E. Sunrise Dr., with Larsen Baker representing the landlord and Lee & Associates representing the tenant. The top retail lease was Cactus Laundromat leasing 2,800 square feet at Midvale Plaza, 1694 W. Valencia Rd., represented by Cushman & Wakefield | PICOR.

The following leases were reported to the Real Estate Daily News for the week of February 23–27, 2026.

LAND – 2814–2980 S. 6TH AVE., TUCSON, AZ, 85713, SOUTH SUBMARKET
Caballero Circus leased one acre at the Fiesta Mercado Shopping Center, 2814–2980 S. 6th Ave., in Tucson from the Choi Family Trust. They will operate their circus during February. Dave Hammack and Aaron LaPrise, Principals, Retail Specialists with Cushman & Wakefield | PICOR, handled the transaction.

OFFICE – 3300 E. SUNRISE DR., TUCSON, AZ, 85718, NORTHEAST SUBMARKET
Coldwell Banker Residential leased 7,460 square feet at Sunrise Corporate Center, 3300 E. Sunrise Drive in Tucson, where the firm will operate its Tucson Foothills office. Isaac Figueroa, CCIM, SIOR of Larsen Baker represented the landlord and Sean Bishop of Lee & Associates represented the tenant.

INDUSTRIAL – 970 S. CAMPBELL AVE., TUCSON, AZ, 85719, CENTRAL SUBMARKET
AJay’s Auction House leased 6,000 square feet of industrial space at 970 S. Campbell Ave. in Tucson from Gigalways LLC. Alex Demeroutis, former Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant. Alain Hartmann with Hartmann Commercial represented the landlord.

INDUSTRIAL – 3951 E. MICHIGAN ST., TUCSON, AZ, 85714, SOUTH SUBMARKET
Kellogg Supply Co. leased 4,536 square feet at 3951 E. Michigan in Tucson. CBRE’s Tim Healy represented Copper Pointe Business Park LLC. CBRE’s Tim Kempton, Kevin Calihan, and Antonio Grigoriou represented Kellogg Supply Co.

RETAIL – 1694 W. VALENCIA RD., TUCSON, AZ, 85743, NORTHWEST SUBMARKET
Cactus Laundromat leased 2,800 square feet of retail space at Midvale Plaza, 1694 W. Valencia Rd. in Tucson from HAM Midvale, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 4626 E. FORT LOWELL RD., TUCSON, AZ, 85712, NORTHEAST SUBMARKET
Saguaro Therapy leased 2,650 square feet at 4626 E. Fort Lowell Road in Tucson. CBRE’s Jason Shaltiel represented Synergy Plaza LLC. Angel Rodriguez of Realty Executives represented Saguaro Therapy.

INDUSTRIAL – 3860 S. PALO VERDE RD., TUCSON, AZ, 85706, SOUTH SUBMARKET
ModHaus LLC leased 2,100 square feet of industrial space at Palo Verde Business Center, 3860 S. Palo Verde Rd., Suite 313 in Tucson from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 2637 E. BROADWAY BLVD., TUCSON, AZ, 85716, CENTRAL SUBMARKET
Yong Sheng Herbs leased 1,307 square feet of retail space at 2637 E. Broadway Blvd. in Tucson from Sol Block, LLC. Alex Demeroutis, former Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant. Jeff Ell with Ambrell Realty and Isaac Figueroa with Larsen Baker, LLC, represented the landlord.

INDUSTRIAL – 1665 E. 18TH ST., SUITE 215, TUCSON, AZ, 85719, CENTRAL SUBMARKET
AZ Tile Solution, LLC leased 1,220 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 215 in Tucson from SBC Investors, LLC. Andrew Keim, Industrial Specialist, and Alex Demeroutis, former Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

RETAIL – 4130 N. ORACLE RD., TUCSON, AZ, 85716, CENTRAL SUBMARKET
High There Smoke Shop LLC leased 1,206 square feet of retail space at Oracle Limberlost Center, 4130 N. Oracle Rd. in Tucson from T Limberlost AZ LLC. Dave Hammack and Aaron LaPrise, Principals, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4957 E. 29TH ST., TUCSON, AZ, 85711, EAST SUBMARKET
ACM Enterprises, Inc. leased 1,200 square feet of industrial space at Town Central Business Park, 4957 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.

INDUSTRIAL – 540 W. PRINCE RD., TUCSON, AZ 85705, CENTRAL SUBMARKET
Kino Roofing LLC leased 1,141 square feet at 540 W. Prince Road in Tucson. CBRE’s Jason Shaltiel represented SAW Properties & Development LLC. Kino Roofing LLC was self-represented.

OFFICE – 3275 W. INA RD., SUITE 113, TUCSON, AZ 85741, NORTHWEST SUBMARKET
Rejuvenate Studio AZ, LLC leased 1,043 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 113 in Tucson from CALDOR Investments of Arizona, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the tenant.

RETAIL – 2515 E. CAMPBELL AVE., TUCSON, AZ, 85719, CENTRAL SUBMARKET
DMC Carpentry, LLC leased 835 square feet of retail space at Kwan Center, 2515 E. Campbell Ave. in Tucson from Always Sunny Properties, Inc. Aaron LaPrise and Dave Hammack, Principals, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

OFFICE – 4646 E. FORT LOWELL RD., TUCSON, AZ, 85712, NORTHEAST SUBMARKET
Awakened Wombs LLC leased 650 square feet at 4646 E. Fort Lowell Road in Tucson. CBRE’s Jason Shaltiel represented Synergy Plaza LLC. Jeffrey E. Smith of Commercial West Real Estate Advisors represented Awakened Wombs LLC.

RENEWALS

INDUSTRIAL – 2700 E. EXECUTIVE DR., TUCSON, AZ, 85756, CENTRAL SUBMARKET
Nolato GW, Inc. renewed 28,971 square feet of industrial space with 2700 Executive Properties, LLC at Bay Colony Technology Center, 2700 E. Executive Dr., Suites 130, 140, 150 in Tucson. Stephen D. Cohen, Principal, Industrial Specialist, and Alex Demeroutis, former Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4000 E. COLUMBIA ST., TUCSON, AZ, 85714, SOUTH SUBMARKET
Reece Supply renewed 20,485 square feet at 4000 E. Columbia Street in Tucson. CBRE’s Tim Healy represented JSL Properties LLC. Newmark’s Dan Dobric represented Reece Supply.

INDUSTRIAL – 6906 N. CAMINO MARTIN, TUCSON, AZ, 85741, NORTHWEST SUBMARKET
Showbiz Academy of Dance, LLC renewed 4,349 square feet of industrial space with FJM Merced Associates, L.P. at 6906 N. Camino Martin, Suites 100–120 in Tucson. Andrew Keim, Industrial Specialist, and Alex Demeroutis, former Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON, AZ, 85712, NORTHEAST SUBMARKET
Thomas Promotions, Inc. renewed 4,188 square feet of industrial space with Pegasus Tucson Owner, LLC at Midway Business Park, 4500 E. Speedway Blvd., Suite 89–92 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3611 S. BROADMONT DR., TUCSON, AZ, 85714, SOUTH SUBMARKET
Lynch Construction renewed 3,000 square feet at 3611 S. Broadmont Drive in Tucson. CBRE’s Tim Healy represented Broadmont Investments LLC. Lynch Construction was self-represented.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON, AZ, 85712, NORTHEAST SUBMARKET
The Crow’s Nest renewed 1,600 square feet of industrial space with Pegasus Tucson Owner LLC at Midway Business Park, 4500 E. Speedway Blvd., Suite 19 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., TUCSON, AZ, 85712, NORTHEAST SUBMARKET
Legendary Automotive renewed 1,525 square feet of industrial space with Pegasus Tucson Owner LLC at Midway Business Park, 4500 E. Speedway Blvd., Suite 71 in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4953 E. 29TH ST., TUCSON, AZ 85711, EAST SUBMARKET
High Desert Sauce Co LLC renewed 1,233 square feet of industrial space with Pegasus Tucson Owner LLC at Town Central Business Park, 4953 E. 29th St. in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 3790 S. 16TH AVE., TUCSON, AZ, 85713, SOUTH SUBMARKET
Cricket Wireless renewed 1,200 square feet of retail space with Blue Hat, LLC at Santa Cruz Plaza, 3790 S. 16th Ave. in Tucson. Aaron LaPrise and Dave Hammack, Principals, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected].

TUCSON, ARIZONA  (February 26, 2026) – Commercial Properties, Inc./CORFAC International (CPI), Arizona’s largest locally owned commercial real estate brokerage, is pleased to announce the successful sale of a 45,042 SF industrial asset located at 450 E. Irvington Road in Tucson, Arizona. The transaction closed for a total consideration of $4.9 million ($108.78 PSF).

Jeff Hays and Sam Rutledge of CPI represented the buyer, 450 Propco Tucson (Capital Bay Partners), in the acquisition. The purchase highlights the continued institutional and private demand for high-utility industrial assets within the Tucson South submarket. ” We’re excited to add this asset to our portfolio and continue expanding our footprint in high-demand industrial markets, stated Capital Bay Partners. “Thank you to Jeff Hays and Samuel Rutledge for getting this deal smoothly across the finish line.”

The property, situated on a sprawling ±10.9-acre site, features approximately 45,000 square feet of industrial buildings. Notably, the site is a well-established hub for building material distribution, currently 100% leased to Arizona Building Supply (a division of US LBM). Its strategic location provides exceptional logistical advantages, as it sits just one mile from Interstate 10 and approximately four miles from Tucson International Airport.

“This acquisition represents a significant opportunity for our client to secure a mission-critical industrial site with substantial outdoor storage—a commodity that is increasingly scarce in today’s market,” said Jeff Hays, Senior Vice President at CPI. “The combination of a long-standing tenant and the property’s proximity to major transportation infrastructure makes it a premier addition to Capital Bay Partners’ portfolio. We’d like to recognize Brandon Pike and Justin Smith with Capital Bay Partners and the Listing Broker, Mark Williams, with Preferred Real Estate Brokers.”

The site’s features include a functional warehouse layout, an active rail spur, and extensive usable acreage zoned for Light Industrial (I-1) use. This sale follows a strong year of activity for the Hays/Rutledge team, which remains a dominant force in the Arizona industrial and Industrial Outdoor Storage (IOS) sectors.

For additional information, please contact Jeff Hays at [email protected] or (480) 889-25525, or Sam Rutledge at [email protected] or (480) 621-3292.

Source: RED Comp #12340