Three fully leased retail buildings in Marana sold as Cadence completed a second Arizona shopping-center acquisition in Surprise within days

MARANA, ARIZ. (July 28, 2026) — Cadence Capital Investments entered the Arizona retail market with the $16.8 million acquisition of three fully leased retail buildings at Gladden Farms Commercial Center in Marana.

Gladden Farms Partners LP and Belton16 LLC, affiliates of Cadence Capital Investments, purchased the buildings from Barclay Holdings CXXII LLC, an affiliate of Barclay Group Holdings. The investment sale closed July 1.

The transaction comprises three buildings totaling approximately 24,290 square feet on 5.04 acres at 11320, 11360 and 11370 W. Tangerine Road. The purchase price equates to approximately $691.64 per square foot, or $5.6 million per building.

The properties are located within the new Fry’s Marketplace-anchored Gladden Farms Commercial Center at the northeast corner of Tangerine Road and Lon Adams Road. Barclay Group described the transaction as evidence of continued investor demand for well-located retail properties in fast-growing trade areas, particularly grocery-anchored centers supported by consistent traffic, strong demographics and a diverse tenant mix.

The acquired properties include the approximately 6,090-square-foot Shops A building, leased to Thai Chili 2 Go, Tropical Smoothie Café, Fat Dogs and Black Rock Coffee Bar.

The approximately 14,000-square-foot Shops B building is leased to My Dr Now, Classic & Fancy Nails, Supercuts, Domino’s Pizza, Peachwave, Verizon, Eden’s Echo Farmstead, The UPS Store and Jersey Mike’s Subs.

The approximately 4,200-square-foot Shops C building is occupied by Heartland Dental. The buildings were constructed in 2024 and are zoned Village Commercial by the Town of Marana.

Matthew Archer, vice president of Barclay Group, represented the seller. Josh Katzner, manager of Belton16 LLC, represented the purchasers.

Barclay Group continues to market one remaining pad at the center. The available site contains approximately 49,619 square feet, according to transaction materials. Barclay’s property information identifies Archer as the leasing contact for the remaining space.

The Marana closing came shortly after Cadence acquired Grand Village Center in Surprise, marking a nearly simultaneous entry into both the Tucson and Phoenix metropolitan retail markets.

Grand Village Center, a 52,685-square-foot necessity-based retail center at the southeast corner of Reems Road and U.S. Route 60, sold June 24 for $10.7 million, or $203 per square foot. John Schweikert and Chad Tiedeman of Phoenix Commercial Advisors represented the seller, whose identity was not disclosed in the brokerage announcement.

Together, the two acquisitions added approximately 76,975 square feet of Arizona retail space to Cadence’s portfolio for a combined investment of $27.5 million.

Founded in 2001, Cadence Capital Investments is a Greenwood Village, Colorado-based real estate development and investment company with experience in shopping-center acquisition, redevelopment, build-to-suit projects and value-add investments. Before the Arizona acquisitions, the company’s publicly identified market presence focused on Colorado, California and Washington.

Source: RED Comp #12597

TUCSON, AZ (July 27, 2026) — Southern Arizona’s commercial leases recorded 26 transactions during the week of July 20–24, 2026, comprising 20 new leases and six renewals. The reported transactions totaled 94,554 square feet across retail, industrial, and office properties, as well as a 1.48-acre industrial land lease and a sublease of an ATM facility.

Retail accounted for the largest share of the week’s activity, led by Just Between Friends Tucson’s 26,500-square-foot lease at 2520 S. Harrison Road. Other notable transactions included an 8,816-square-foot industrial lease by Abrams Airborne Manufacturing and Rentokil North America’s renewal of 8,400 square feet on North Forbes Boulevard.

NEW LEASES

Retail – 2520 S. Harrison Road, Tucson, AZ 85730 | East Submarket
Just Between Friends Tucson leased 26,500 square feet of retail space at 2520 S. Harrison Road in Tucson. The landlord is Harrison 135th St., LLC. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord.

Industrial – 7775 N. Casa Grande Highway, Tucson, AZ 85743 | Northwest Submarket
Abrams Airborne Manufacturing, Inc. leased approximately 8,816 square feet of industrial space at 7775 N. Casa Grande Highway in Tucson. The company specializes in precision sheet-metal fabrication, CNC machining, aluminum dip brazing and related processes and will take immediate occupancy. Andreas Castillo of VOLK Company represented the tenant. Bruce Suppes of CBRE represented the landlord, Casa Grande Tucson LLC. The property address and ZIP code are confirmed as 7775 N. Casa Grande Highway, Tucson, AZ 85743.

Retail – 2711 E. Grant Road, Tucson, AZ 85716 | Central Submarket
G&D Properties, LLC leased approximately 4,800 square feet of retail space at 2711 E. Grant Road in Tucson. The tenant, which operates Mobility Plus, plans to open at the location during the fourth quarter of 2026. Andreas Castillo of VOLK Company represented the tenant. The landlord is BTT Sunstate Plaza, LLC.

Office – 201 N. Bonita Avenue, Tucson, AZ 85745 | Downtown/West Submarket
Corvid Technologies LLC leased approximately 4,400 square feet of office space at 201 N. Bonita Avenue in Tucson. Dave Volk of VOLK Company represented the tenant. David Montijo of CBRE represented the landlord, Boyd Tucson II GSA LLC.

Industrial – 1665 E. 18th Street, Suite 111, Tucson, AZ 85719 | Central Submarket
Batyl LLC leased 3,030 square feet of industrial space at Tucson Tech Park, 1665 E. 18th Street, Suite 111, in Tucson. The landlord is SBC Investors, LLC. Kameron Norwood and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

Retail – 4092 E. 22nd Street, Tucson, AZ 85711 | East Submarket
MGRM Pinnacle, Inc. leased approximately 2,876 square feet at Randolph Plaza Shopping Center, 4092 E. 22nd Street in Tucson. Andreas Castillo of VOLK Company represented the tenant. Jesse Rozio of Ignite Commercial Real Estate represented the landlord, A & C Properties, Inc.

Office – 5210 E. Williams Circle, Suite 740, Tucson, AZ 85711 | East Submarket
Modern Technology Solutions, Inc. leased 2,556 square feet of office space at Williams Centre, 5210 E. Williams Circle, Suite 740, in Tucson. Alexis Corona and Richard M. Kleiner, MBA, with Cushman & Wakefield | PICOR and Lawson Wilder with Savills Inc. represented the tenant. Philip Skillings and Kyle Kilgore with NAI Horizon represented the landlord entities, WCCP Rosemont, LLC, RPI Williams Circle, LLC and PEA Williams Circle, LLC.

Office – 101 S. La Cañada Drive, Suites 20–21, Green Valley, AZ 85614 | Green Valley Submarket
HM Management, LLC leased approximately 2,050 square feet of office space at 101 S. La Cañada Drive, Suites 20 and 21, in Green Valley. Dave Volk of VOLK Company represented the tenant. Karen Farrell of Venture West represented the landlord, Delta Properties, LLC.

Retail – 1101 S. Naco Highway, Suite B-5, Bisbee, AZ 85603 | Bisbee Submarket
The Vybe Café, LLC leased 1,800 square feet at Bisbee Plaza, 1101 S. Naco Highway, Suite B-5, in Bisbee. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, with Larsen Baker represented the landlord and handled the transaction.

Retail – 8969 E. Tanque Verde Road, Suite 209, Tucson, AZ 85749 | Northeast Submarket
ABLE Nutrition and Fitness, LLC, doing business as Able Fresh, leased 1,411 square feet at Bear Canyon Shopping Center, 8969 E. Tanque Verde Road, Suite 209, in Tucson. The center, located at the northwest corner of Tanque Verde Road and Catalina Highway, is now fully leased. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord. Alec Gee with Tango Commercial represented the tenant.

Retail – 3388 E. 22nd Street, Tucson, AZ 85713 | South Submarket
Los Amigos Barbershop LLC leased approximately 1,400 square feet at 3388 E. 22nd Street in Tucson. The tenant plans to open during the fourth quarter of 2026. Jeramy Price and Scott Negilski of VOLK Company represented the landlord, East 22nd Street Revocable Trust No. 3388.

Retail – 445 N. Campbell Avenue, Suite 140, Tucson, AZ 85719 | Central/University Submarket
Bang Fitness, LLC, which operates Sweat House, leased approximately 1,310 square feet of retail space at Sam Hughes Place, 445 N. Campbell Avenue, Suite 140, in Tucson. With the completion of the lease, Sam Hughes Place is now fully leased. Joey Castillo of VOLK Company represented the landlords, Harris Family Trust and Sandy Retail Investors LLC. Kaitlyn Millerd of CBRE represented the tenant.

Retail – 4514 E. Broadway Boulevard, Tucson, AZ 85711 | East Submarket
Luxe White Smiles, LLC leased approximately 1,200 square feet of inline retail space at Midstar Plaza, 4514 E. Broadway Boulevard in Tucson. The tenant plans to operate a teeth-whitening spa. Jeramy Price, Joey Castillo, Andreas Castillo and Scott Negilski of VOLK Company represented the landlord, Midstar Properties LLC.

Office – 2221 N. Indian Ruins Road, Suite 121, Tucson, AZ 85715 | Northeast Submarket
Lauremar Inc. leased 1,125 square feet of office space at 2221 N. Indian Ruins Road, Suite 121, in Tucson. The landlord is Ozam Investments, LLC. Molly Mary Gilbert, CCIM, with Cushman & Wakefield | PICOR represented the landlord.

Industrial – 140 S. Camino Seco, Suite 421, Tucson, AZ 85710 | East Submarket
Copper Valley AC leased 1,000 square feet at Camino Seco Business Park, 140 S. Camino Seco, Suite 421, in Tucson. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, with Larsen Baker represented the landlord and handled the transaction.

Retail – 1570 E. Tucson Marketplace Boulevard, Tucson, AZ 85713 | South Submarket
Levi Enterprises Inc. leased approximately 1,000 square feet of retail space at 1570 E. Tucson Marketplace Boulevard in Tucson. The tenant plans to operate a nail salon and open during the fourth quarter of 2026. Jeramy Price, Joey Castillo and Andreas Castillo of VOLK Company represented the landlord, Conteslin LLC.

Retail – 5480 E. Speedway Boulevard, Suite 101C, Tucson, AZ 85712 | Northeast Submarket
ZM Mobility, LLC, doing business as Total by Verizon, leased a 988-square-foot outparcel retail suite at Speedway Craycroft Plaza, 5480 E. Speedway Boulevard, Suite 101C, in Tucson. The center is now fully leased. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord. Tanya Tucker with Citywide Commercial represented the tenant.

Retail – 340 E. Sixth Street, Tucson, AZ 85705 | Downtown/Central Submarket
Beautiful Little Things LLC leased approximately 802 square feet of retail space at 340 E. Sixth Street in Tucson. The tenant plans to open a specialty coffee shop during the fourth quarter of 2026. Joey Castillo of VOLK Company represented the landlord, GEDR Union on 6th, LLC.

Industrial Land – 1636 N. 15th Avenue, Lot A, Tucson, AZ 85705 | Central Submarket
Gorman General Contractors, LLC leased 1.48 acres of industrial land at 1636 N. 15th Avenue, Lot A, in Tucson from Michigan Street LLC. Kameron Norwood with Cushman & Wakefield | PICOR represented the landlord.

ATM Facility – 2120 S. Craycroft Road, Tucson, AZ 85711 | East Submarket
Vantage West Credit Union subleased the fifth ATM lane at its former branch at 2120 S. Craycroft Road in Tucson from Lira Electric, LLC.  Alexis Corona and Richard M. Kleiner, MBA, with Cushman & Wakefield | PICOR represented Vantage West. Juan Pantoja with Grimm Commercial represented Lira Electric.

RENEWALS

Industrial – 2104 N. Forbes Boulevard, Suites 101–103, Tucson, AZ 85745 | Northwest Submarket
Rentokil North America Inc. renewed its 8,400-square-foot industrial lease at 2104 N. Forbes Boulevard, Suites 101, 102 and 103, in Tucson. Dave Blanchette of NAI Horizon represented the tenant. Max Fisher of BRD Realty represented the landlord, Cretcher Designs LC.

Industrial – 3631 S. Broadmont Drive, Tucson, AZ 85713 | Airport/ South Submarket
TDIndustries, Inc. renewed its lease for 6,760 square feet of industrial space at 3631 S. Broadmont Drive in Tucson. Todd Noonan with Stream Realty in Dallas and Stephen D. Cohen with Cushman & Wakefield | PICOR represented the tenant. Tim Healy with CBRE represented the landlord, Broadmont Investments, LLC.

Retail – 1301 E. Ajo Way, Suites 115–121, Tucson, AZ 85713 | South Submarket
ACTS LLC renewed its lease for approximately 5,250 square feet of retail space at Ajo Business Center, 1301 E. Ajo Way, Suites 115 through 121, in Tucson. The tenant operates Ajo Bikes, which has served Tucson-area bicycle enthusiasts since 2002. VOLK Company represented the landlord, Ajo Business Center Limited Partnership.

Retail – 5640 E. Broadway Boulevard, Tucson, AZ 85711 | East Submarket
Gospel Supplies, Inc. renewed its lease for 4,240 square feet of retail space at Broadway Center, 5640 E. Broadway Boulevard, in Tucson.  Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord, Broadway Craycroft, LLC.

Retail – 3684 W. Orange Grove Road, Tucson, AZ 85741 | Northwest Submarket
Ruben Contreras and Judith Contreras, doing business as Crying Onion Café, renewed their lease for approximately 1,800 square feet at 3684 W. Orange Grove Road in Tucson. Crying Onion Café has operated at the center since 2001.  Jeramy Price of VOLK Company represented the tenant. Isaac Figueroa and Elaina Elliott of Larsen Baker represented the landlord, Marana Mercado Associates, LLC.

Retail – 3771 S. 12th Avenue, Tucson, AZ 85713 | South Submarket
TitleMax of Arizona, Inc. renewed its lease for approximately 1,040 square feet at 3771 S. 12th Avenue in Tucson. The company has offered title-loan services at the location since 2011. Terry Dahlstrom of VOLK Company represented the landlord, Betz Family Trust.\

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TUCSON, ARIZ. (July 24, 2026) — Barrio Tech Park LLC, an entity affiliated with HFE International founder and CEO Thomas West, purchased an industrial property at 907–909 E. 17th Street in Tucson for $2.912 million, or approximately $90 per square foot.