TUCSON, ARIZONA (Aug. 4, 2026) — Tucson Unemployment Rate recorded one of the largest year-over-year increases in unemployment among the nation’s major metropolitan areas in June 2026, according to the U.S. Bureau of Labor Statistics.

The Tucson metropolitan area’s unemployment rate rose to 5.7 percent in June, up from 4.6 percent in June 2025. The 1.1 percentage point increase was the third largest among the 56 metropolitan areas with populations of at least 1 million, trailing only Hartford, Connecticut, and Tulsa, Oklahoma.

Phoenix also experienced a notable increase. The Phoenix Mesa Chandler metropolitan area posted a June unemployment rate of 4.9 percent, compared with 4.0 percent one year earlier, an increase of 0.9 percentage points.

Nationally, unemployment rates declined in 27 of the 56 large metropolitan areas, increased in 26 and remained unchanged in three during the year ended June 2026.

Columbus, Ohio, recorded the largest improvement, with its unemployment rate falling 1.2 percentage points to 3.3 percent. Hartford, West Hartford, and East Hartford had the largest increase, rising 1.3 percentage points to 4.9 percent. Tulsa followed with a 1.2-point increase to 4.5 percent.

Among the large metropolitan areas, Raleigh-Cary, North Carolina, and Urban Honolulu recorded the lowest unemployment rates in June at 3.1 percent each. Fresno, California, posted the highest rate at 7.7 percent, followed by Tucson at 5.7 percent.

The Tucson rate was also higher than several other western metropolitan areas, including Las Vegas at 5.2 percent, Los Angeles at 5.0 percent, Phoenix at 4.9 percent, Sacramento at 4.8 percent, San Diego at 4.4 percent, and Denver at 3.9 percent.

The figures are from the Bureau of Labor Statistics Local Area Unemployment Statistics program. Metropolitan unemployment rates are not seasonally adjusted, and the June 2026 figures are preliminary.

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TUCSON, AZ (Aug. 3, 2026) — Tucson Weekly Lease Report recorded 13 transactions totaling 72,134 square feet during the week of July 27–31, 2026. Industrial, medical office, and retail users accounted for several of the week’s largest transactions.

The largest transaction was Copper State Bolt & Nut Co.’s 14,159-square-foot expansion at 4061 W. Costco Place. CBRE’s Tim Healy represented the landlord, Lilly Investment Group LLC, while Healy and CBRE’s Bill Bayless represented the tenant. Medical office activity also contributed two of the week’s largest leases. TMC One Urology renewed 11,173 square feet on the Tucson Medical Center hospital campus, and TMC Pain Clinic renewed 7,355 square feet at Tucson Medical Park. Richard M. Kleiner and Alexis Corona with Cushman & Wakefield | PICOR represented TMC Holdings, Inc. in both transactions.

The following leases were reported to the Real Estate Daily News from July 27-31, 2026.

NEW LEASES

Industrial – 4061 W. Costco Place, Tucson, AZ 85741 – Northwest Submarket
Copper State Bolt & Nut Co. expanded into 14,159 square feet at 4061 W. Costco Place in Tucson. CBRE’s Tim Healy represented the landlord, Lilly Investment Group LLC. Healy and CBRE’s Bill Bayless represented Copper State Bolt & Nut Co.

Medical Office – 2424 N. Wyatt Drive, Tucson, AZ 85712 – NorthEast Submarket
TMC One Urology renewed its lease with TMC Holdings, Inc. for 11,173 square feet of medical office space on the Tucson Medical Center hospital campus. Richard M. Kleiner, MBA, principal, and Alexis Corona, office specialists with Cushman & Wakefield | PICOR, represented the landlord.

Retail – 845 N. Park Ave., Suite 155, Tucson, AZ 85719 – Central Submarket
Rally House leased 9,100 square feet of retail space at Main Gate Square from The Marshall Foundation. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord. Brian Leardon with RUE Realty, LLC represented the tenant.

Medical Office – 5335 E. Erickson Drive, Tucson, AZ 85712 – NorthEast Submarket
TMC Pain Clinic renewed its lease with TMC Holdings, Inc. for 7,355 square feet of medical office space at Tucson Medical Park. Kleiner and Corona with Cushman & Wakefield | PICOR represented the landlord.

Industrial – 3631 S. Broadmont Drive, Tucson, AZ 85713 – South Submarket
TDIndustries renewed its lease for 6,760 square feet at 3631 S. Broadmont Drive. CBRE’s Tim Healy represented the landlord, Broadmont Investments LLC. Cushman & Wakefield | PICOR’s Stephen Cohen represented TDIndustries.

Office – 2127 E. Speedway Blvd., Suite 201, Tucson, AZ 85719 – Central Submarket
Barr Credit Services, a Caine & Weiner company, leased 5,981 square feet at 2127 E. Speedway Blvd., Suite 201. CBRE’s Jeff Casper represented both the tenant and the landlord, 2127 E Speedway Office LLC, in the new lease.

Office – 201 N. Bonita Ave., Suite 140, Tucson, AZ 85745 – West Submarket
TNI Partners leased 4,201 square feet at Rio Nuevo Professional Plaza. CBRE’s David Montijo represented the landlord, Boyd Tucson II GSA LLC. TNI Partners was self-represented.

RENEWALS

Industrial – 4575 S. Palo Verde Road, Tucson, AZ 85714 – South Submarket
Bling by Design renewed its lease with Pegasus Tucson Owner LLC for 3,900 square feet of industrial space at Butterfield Business Park. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialists with Cushman & Wakefield | PICOR, represented the landlord.

Industrial – 3865 E. 34th St., Suite 109, Tucson, AZ 85713 – South Submarket
Full Spectrum Lab, LLC renewed its lease with AP&D Investments, LLP for 3,812 square feet of industrial space at Alvernon Business Center. Robert C. Glaser, SIOR, CCIM, principal and industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

Office – 2343 E. Broadway Blvd., Tucson, AZ 85719 – Central Submarket
Focus Partners Wealth renewed its 2,711-square-foot lease at 2343 E. Broadway Blvd. CBRE’s Bruce Suppes represented Focus Partners Wealth. Molly Gilbert and Tom Nieman with Cushman & Wakefield | PICOR represented the landlord, Continental Development Company LLP.

Office – 5151 E. Broadway Blvd., Suite 1190, Tucson, AZ 85711 – East Submarket
A Tigney Solutions LLC leased 1,207 square feet of office space at 5151 E. Broadway Blvd., Suite 1190. Mark Isenberger with Cushman & Wakefield | PICOR represented the landlords, KCI Broadway, LLC, Scott Seldin-Broadway, LLC, Belmont Broadway, LLC and Tucson 5151 Investments, LLC.

Medical Office – 2001 W. Orange Grove Road, Building 6, Tucson, AZ 85704 – Northwest Submarket
Choice Medical Group renewed its 1,200-square-foot lease at 2001 W. Orange Grove Road, Building 6. CBRE’s David Montijo represented the landlord, SPE Desert Life MOB LLC. Choice Medical Group was self-represented.

Office – 2231 N. Indian Ruins Road, Suite 6, Tucson, AZ 85715 – NorthEast Submarket
Sweetheart Haven LLC leased 575 square feet of office space from Ozam Investments, LLC. Molly Mary Gilbert, CCIM, office specialist with Cushman & Wakefield | PICOR, represented the landlord. Nina Marvcesim with Realty Executives Southern Arizona represented the tenant.

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Phoenix, Ariz. (Aug. 3, 2026) – Marketech International Corporation (MIC), a leading Taiwanese technology service provider, has finalized a lease for a 151,451-square-foot warehouse facility at 950 West Rose Garden Lane in Phoenix’s Deer Valley submarket. Kidder Mathews Executive Vice Presidents Mike Ciosek and Eric Bell represented MIC in the transaction.

MIC is a key contractor supporting Taiwan Semiconductor Manufacturing Company (TSMC) and its massive fabrication campus in North Phoenix. The transaction underscores MIC’s long-term commitment to the Phoenix market and its critical role in the semiconductor supply chain as TSMC continues to expand its Arizona operations. Just last week, TSMC announced another $100 billion for the project, bringing the total to over $265 billion.

The Deer Valley industrial corridor has become one of the Valley’s most competitive submarkets, with available space near TSMC’s campus in high demand from suppliers, contractors, and logistics partners racing to establish a local footprint. Securing a facility of this scale in the current market reflects MIC’s proactive real estate strategy and its broker’s ability to navigate an environment with shrinking inventory and increasing competition among TSMC-adjacent tenants.

This lease marks the fifth transaction that Kidder Mathews has completed on MIC’s behalf, further strengthening a real estate partnership built on trust, market expertise, and a proven track record of delivering results.

“This lease reflects just how important proximity to TSMC has become for the companies supporting the semiconductor supply chain,” said Ciosek. “As TSMC’s Arizona footprint continues to grow, so does the need for its key contractors to be positioned nearby, ready to respond quickly and support ongoing operations. I’m honored to continue building on our relationship with MIC. This marks our fifth transaction together, and it was a pleasure working with both MIC and the landlord’s team to bring this deal across the finish line.”