TUCSON, ARIZONA (June 8, 2026) — Cushman & Wakefield | PICOR, CBRE, Larsen Baker, Grimm Commercial, and other brokerage firms reported 20 commercial lease transactions totaling 113,780 square feet for the week of June 1-5, 2026.

The activity included 55,064 square feet in new leases and expansions and 58,716 square feet in renewals.

NEW LEASES / EXPANSIONS

INDUSTRIAL – DREXEL COMMERCE CENTER, 2740 E. DREXEL ROAD, UNIT 2110, TUCSON, AZ 85706 – SOUTH SUBMARKET
NEFCO Construction Supply LLC leased 24,221 square feet of industrial space at Drexel Commerce Center, 2740 E. Drexel Road, Unit 2110, in Tucson. Tim Healy, Mike Puzzo, and John McCormick with CBRE represented the tenant. Jesse Blum and Alex Demeroutis with CBRE, along with Rob Glaser of Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 5151 E. BROADWAY OFFICE TOWER, 5151 E. BROADWAY BLVD., SUITES 550, 600 & 620, TUCSON, AZ 85711 – EAST SUBMARKET
Advanced Financial Company expanded its office lease with KCI Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont Broadway, LLC, and Tucson 5151 Investments, LLC for a total of 13,576 square feet of office space at 5151 E. Broadway Office Tower, 5151 E. Broadway Blvd., Suites 550, 600, and 620, in Tucson. Mark Isenberger with Cushman & Wakefield | PICOR represented the landlord.

OFFICE – 275 W. CONTINENTAL ROAD, SUITES 133-141, GREEN VALLEY, AZ 85622 – EXTENDED SOUTH SUBMARKET
Alignment Healthcare USA LLC leased 4,536 square feet of office space at 275 W. Continental Road, Suites 133-141, in Green Valley. David Montijo with CBRE represented the landlord, Sheridan-120 LLC. Thomas Nieman with Cushman & Wakefield | PICOR represented the tenant.

INDUSTRIAL – TUCSON TECH PARK, 1665 E. 18TH ST., SUITE 206, TUCSON, AZ 85719 – CENTRAL SUBMARKET
MagMod leased 3,367 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 206, in Tucson, from SBC Investors, LLC. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – MONTESA PLAZA, 50 S. HOUGHTON ROAD, SUITES 130 AND 140, TUCSON, AZ 85748 – EAST SUBMARKET
Rozanna Ramirez Corporation dba Desert Beauty Salon leased 1,733 square feet of retail space at Montesa Plaza, 50 S. Houghton Road, Suites 130 and 140, in Tucson. The space was formerly Glenn Royce Salon and will continue to be used for the same purpose. Isaac Figueroa, CCIM, SIOR, and Michelle Ward with Larsen Baker represented the landlord and handled the transaction.

RETAIL – SPEEDWAY CRAYCROFT PLAZA, 5470 E. SPEEDWAY BLVD., SUITE 109A, TUCSON, AZ 85712 – NORTHEAST SUBMARKET
AZ’s Barbershop, LLC leased the 1,664-square-foot end cap retail suite at Speedway Craycroft Plaza, 5470 E. Speedway Blvd., Suite 109A, in Tucson. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord and handled the transaction.

OFFICE – NORTH TUCSON BUSINESS CENTER, 3895 N. BUSINESS CENTER DRIVE, SUITE 101, TUCSON, AZ 85705 – CENTRAL SUBMARKET
Lionheart Security International Consulting LLC leased 1,261 square feet of office space at North Tucson Business Center, 3895 N. Business Center Drive, Suite 101, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TUCSON TECH PARK, 1665 E. 18TH ST., SUITE 118, TUCSON, AZ 85719 – CENTRAL SUBMARKET
Manthra Ventures, LLC dba Sonoran Fleet Care leased 1,220 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 118, in Tucson, from SBC Investors, LLC. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – SYNERGY PLAZA, 4646 E. FORT LOWELL ROAD, SUITES 106-107, TUCSON, AZ 85712 – NORTHEAST SUBMARKET
Intentional Psychiatry PLLC leased 1,023 square feet of office space at Synergy Plaza, 4646 E. Fort Lowell Road, Suites 106-107, in Tucson. Jason Shaltiel with CBRE represented the landlord, Synergy Plaza LLC. Scott McGill of MCG Realty LLC represented the tenant.

INDUSTRIAL – CENTRAL POINT BUSINESS PLAZA, 3961 E. SPEEDWAY BLVD., SUITE 316, TUCSON, AZ 85712 – NORTHEAST SUBMARKET
Sam’s Tint LLC leased 940 square feet of industrial space at Central Point Business Plaza, 3961 E. Speedway Blvd., Suite 316, in Tucson, from Central Point Tucson, LLC. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Michael Coretz with Commercial Real Estate Group of Tucson LLC represented the tenant.

OFFICE – HERDER BUILDING, 2033 E. SPEEDWAY BLVD., TUCSON, AZ 85719 – CENTRAL SUBMARKET
Saul Salinas Insurance Agency, Inc., dba Farmers Insurance, leased 850 square feet of office space at the Herder Building, 2033 E. Speedway Blvd., in Tucson. Juan C. Pantoja of Grimm Commercial, LLC, represented the landlord, Zebas Properties, LLC, in the transaction.

OFFICE – 3444 N. COUNTRY CLUB ROAD, SUITE 202, TUCSON, AZ 85716 – CENTRAL SUBMARKET

Home Town Hero Partners LLC leased 673 square feet of office space at 3444 N. Country Club Road, Suite 202, in Tucson, from 3438/3444 CC, LLC. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS
OFFICE – SUNDT CORP. SOUTHERN AZ HQ, 2015 W. RIVER ROAD, SUITE 125, TUCSON, AZ 85704 – NORTHWEST SUBMARKET
Curriculum Associates, LLC renewed its lease with Sundt Companies, Inc. for 20,328 square feet of office space at Sundt Corp. Southern AZ HQ, 2015 W. River Road, Suite 125, in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Buzz Isaacson with CBRE, Tucson, represented the tenant.

INDUSTRIAL – 2125 E. BEVERLY DRIVE, TUCSON, AZ 85719 – CENTRAL SUBMARKET
United Refrigeration Inc. renewed its lease with GS Eternal, LLC – Series C for 16,520 square feet of industrial space at 2125 E. Beverly Drive in Tucson. Paul Hooker, SIOR, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – CLAIREMONT PLAZA, 1668 S. RESEARCH LOOP, SUITE 360, TUCSON, AZ 85710 – EAST SUBMARKET
Manufacturing Machining Services LLC renewed its lease with Pegasus Tucson Owner LLC for 11,218 square feet of industrial space at Clairemont Plaza, 1668 S. Research Loop, Suite 360, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, 2450 W. RUTHRAUFF ROAD, SUITE 180, TUCSON, AZ 85705 – CENTRAL SUBMARKET
Southwest Fuel Care, LLC renewed its lease with Pegasus Tucson Owner LLC for 3,300 square feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Road, Suite 180, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TUCSON TECH PARK, 1665 E. 18TH ST., SUITE 115, TUCSON, AZ 85719 – CENTRAL SUBMARKET
Boxing Inc. University renewed its lease with SBC Investors, LLC for 3,030 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 115, in Tucson. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, 2480 W. RUTHRAUFF ROAD, SUITE 190, TUCSON, AZ 85705 – CENTRAL SUBMARKET
Coolsys Light Commercial Solutions, LLC renewed its lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at Ruthrauff Commerce Center, 2480 W. Ruthrauff Road, Suite 190, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – CLAIREMONT PLAZA, 1684 S. RESEARCH LOOP, SUITE 524, TUCSON, AZ 85710 – EAST SUBMARKET
GR Arizona Design, LLC renewed its lease with Pegasus Tucson Owner LLC for 1,240 square feet of industrial space at Clairemont Plaza, 1684 S. Research Loop, Suite 524, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, 2430 W. RUTHRAUFF ROAD, SUITE 128, TUCSON, AZ 85705 – CENTRAL SUBMARKET
Field Distributors LLC renewed its lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Road, Suite 128, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Please submit sales and leases to [email protected]

TUCSON, ARIZONA (June 5, 2026) – The Star Valley master-planned community continues to be the go-to destination for homebuilders in Tucson’s southwest submarket. Lennar Arizona, LLC has closed on an additional 85 finished lots, advancing its existing program within the master plan. The builder paid $7,905,000 ($93,000 per lot) for the finished lots.

The seller in the transaction was GAC Star Valley, LLC, a partnership managed by Sunbelt Holdings, including Rick Andreen and Mike Geddes of Scottsdale. Sunbelt Holdings has become one of the most active master developers in the Tucson region, delivering a significant share of the market’s new finished lots annually. In addition to Star Valley, their portfolio includes well-known communities such as La Estancia, Red Rock Village, Sycamore Canyon, Monarch in Marana, and Camino Verano. Star Valley alone has delivered more than 1,500 lots to homebuilders in the past 48 months.

The project was initially acquired by Geddes and Andreen of Scottsdale in 2019, who later partnered with Sunbelt Holdings to develop the balance of the community. The 85 lots purchased by Lennar are 40′ x 115′ in Block 3, Phase 2. Star Valley’s near-term focus will be preparing additional plats for delivery to the community’s homebuilders later in 2026.

The transaction was brokered by Will White and John Carroll of Land Advisors Organization in Tucson. Land Advisors Organization has the marketing assignment at Star Valley.

“Star Valley continues to be a reliable source of lots for Tucson’s homebuilders in the southwest submarket, White commented. “Lennar has been a consistent and strategic partner in the master-plan, and this transaction reflects that ongoing commitment.”

For more information, contact White and Carroll at 520.514.7454.

ORO VALLEY, ARIZONA (June 5, 2026) — Larsen Baker, through its affiliate Vistoso Investment Partners, LLC, in partnership with Vistoso People, LLC as tenants in common, has acquired Rancho Vistoso Center, an 83,464-square-foot retail shopping center located at 12925–13005 N. Oracle Road in Oro Valley.

The property sold for $10.6 million, or approximately $127 per square foot, at an 8% cap rate based on the existing net operating income. The center is located on approximately 10.96 acres at the northeast area of Oracle Road and Rancho Vistoso Boulevard in Oro Valley’s northwest submarket. The property was built in 1995 and is zoned PAD, Planned Area Development.

Rancho Vistoso Center is anchored by Harbor Freight, Chase Bank, and Walgreens, along with a mix of national and local tenants. The center includes addresses at 12925, 12985, 12995, 13005, and 13023 N. Oracle Road.

The project also includes 18,000 square feet of available junior anchor space with a 22-foot clear height. The space may be leased as a single junior anchor space or divided into smaller shop spaces.

The seller was WCP Rancho Vistoso, LLC, c/o West Coast Capital Partners of Scottsdale. The buyer was Vistoso Investment Partners, LLC and Vistoso People, LLC, c/o Larsen Baker, LLC of Tucson.

Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the buyer. Pat Dempsey with JLL represented the seller.

For leasing information, contact Isaac Figueroa of Larsen Baker at 520.296.0200 ext. 218.

The sale closed June 1, 2026.

Source: RED Comp #12525.