TUCSON, ARIZONA (June 16, 2026) — A Southern Arizona delegation returned from Taiwan with new semiconductor, education, and government partnerships and what Pima County officials describe as multiple qualified leads for potential business investment in the region.

Representatives from Pima County, the City of Tucson, the University of Arizona, and the Arizona Commerce Authority traveled to Taiwan from May 23 through June 4. The mission focused on attracting semiconductor suppliers, technology companies, and startups while strengthening workforce, research, and academic partnerships.

According to a memorandum prepared by Pima County Economic Development Director Heath Vescovi-Chiordi, the trip generated multiple qualified economic-development leads for Pima County. The companies were not identified, and the County did not disclose potential investment or employment figures.

County officials said follow-up is underway with local, state, and international partners to turn the leads into business recruitment and expansion opportunities.

The delegation focused on semiconductor activities that complement Southern Arizona’s existing economic base, including supply chain services, testing, packaging, and assembly. Officials also explored opportunities involving optics and photonics, aerospace and defense technology, startups, research, and workforce development.

Among the organizations visited was Advanced Semiconductor Engineering, one of the world’s largest semiconductor assembly and testing companies. Delegates discussed potential partnerships involving the SPArK initiative and possible expansion opportunities.

SPArK is an international academic-industry partnership focused on talent development in areas including photonics innovation, co-packaged optics, advanced semiconductor packaging, and three-dimensional heterogeneous integration.

The delegation also visited Kuan Yuan Technology Park, part of the Hsinchu Science Park, and heard presentations from Phison Electronics, Rayvatek, and other companies interested in learning more about Pima County and Tucson.

Several startup companies participating in meetings in Kaohsiung were described as seeking entry into the U.S. market through Arizona.

New agreements with Kaohsiung

The trip resulted in two new agreements involving Pima County, Tucson, and Kaohsiung, a major industrial and port city in southern Taiwan.

Pima County Board of Supervisors Vice Chair Matt Heinz, Tucson Mayor Regina Romero, and Kaohsiung Mayor Chen Chi-mai signed a sister-government agreement on May 31.

The agreement calls for cooperation in economic development, smart-city innovation, education, semiconductor and advanced manufacturing, talent development and public-private partnerships.

A separate memorandum of understanding with the Kaohsiung City Education Bureau establishes a framework for faculty and student exchanges, academic seminars, shared educational resources, and collaborative research.

The two agreements build on a six-party semiconductor partnership signed in Pima County in March by Pima County, Tucson, the University of Arizona, the Arizona Commerce Authority, Kaohsiung City, and National Sun Yat-sen University.

The University of Arizona and National Sun Yat-sen University are exploring student and faculty exchanges, joint research, and semiconductor-related training programs. Officials also continued discussions about creating a Talent and Innovation Hub in Pima County to connect education, research, workforce training, startup recruitment, and business expansion.

The delegation participated in the Computex and Innovex technology conference in Taipei, where Arizona representatives promoted the state to Taiwanese companies seeking access to U.S. customers and markets.

While Arizona’s largest semiconductor manufacturing investments remain concentrated in the Phoenix area, Pima County is working to position Southern Arizona as a complementary location for testing, packaging, optics, research, specialized suppliers, and workforce development.

The newly signed agreements do not guarantee that a company will establish operations in Pima County. However, the County’s identification of multiple qualified investment leads indicates that the Taiwan mission produced potential recruitment prospects that extend beyond ceremonial relationship-building.

TUCSON, Arizona (June 15, 2026) — The following commercial leases were reported to Real Estate Daily News for the week of June 8–12, 2026. Eight transactions represented a combined 20,280 square feet: 4,992 square feet of new leasing and 15,288 square feet of renewals.

NEW LEASES

OFFICE – 205 W. GIACONDA WAY, TUCSON, AZ 85704, NORTHWEST SUBMARKET
Tucson Neuropsychology Institute, LLC leased 2,594 square feet of office space at 205 W. Giaconda Way, Suite 135, in Tucson from Giaconda 205 Partners, LLC. Thomas J. Nieman, Principal and Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Kyle Kilgore with NAI Horizon Tucson represented the tenant.

RETAIL – PLAZA AZTECA, 3553 S. 12TH AVE., TUCSON, AZ 85713, SOUTH SUBMARKET
Marina Gomez Jimenez, doing business as Dance & Fitness Studio, leased 1,200 square feet of retail space at Plaza Azteca, 3553 S. 12th Ave., Suite 199, in Tucson from NAI Investments, LLC. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Ana Aguilar with VOLK Company represented the tenant.

INDUSTRIAL – TOWN CENTRAL BUSINESS PARK, 4949 E. 29TH ST., TUCSON, AZ 85711, EAST SUBMARKET
SunDanzer Refrigeration Incorporated leased 1,198 square feet of industrial space at Town Central Business Park, 4949 E. 29th St., in Tucson from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

INDUSTRIAL – TUCSON TECH PARK, 1665 E. 18TH ST., TUCSON, AZ 85719, CENTRAL SUBMARKET
Herrera’s Automotive LLC renewed and expanded its lease with SBC Investors, LLC for a total of 4,860 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 101, in Tucson. Kameron Norwood, Investment Sales and Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – RUTHRAUFF COMMERCE CENTER, 2450 W. RUTHRAUFF RD., TUCSON, AZ 85705, CENTRAL SUBMARKET
ZEROREZ of Tucson, LLC renewed its lease with Pegasus Tucson Owner LLC for 4,400 square feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Road, Suites 130 and 160, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – VALENCIA AUTO CENTER, 1431 W. VALENCIA RD., TUCSON, AZ 85746, WEST SUBMARKET
Dwight’s Auto Glass renewed its lease with Valencia Auto Center, LLC for 3,750 square feet of retail space at Valencia Auto Center, 1431 W. Valencia Road, Suite 121, in Tucson. Kameron Norwood, Investment Sales and Leasing Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – TUCSON TECH PARK, 1665 E. 18TH ST., TUCSON, AZ 85719, CENTRAL SUBMARKET
AZ Wholesale Windows renewed its lease with SBC Investors, LLC for 1,220 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 120, in Tucson. Kameron Norwood, Investment Sales and Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – MIDWAY BUSINESS PARK, 4500 E. SPEEDWAY BLVD., TUCSON, AZ 85712, NORTHEAST SUBMARKET
Sandra Solial, doing business as The Beauty Boutique, renewed her lease with Pegasus Tucson Owner LLC for 1,058 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 68, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected]

TUCSON, ARIZONA (June 15, 2026) — The redevelopment of the former Foothills Mall is entering a visible new phase as Uptown begins taking shape as an “Urban Resort Village” featuring residences, a lifestyle hotel, restaurants, retailers, and public gathering spaces in northwest Tucson.

Bourn Companies is transforming the 51-acre site at 7401 N. La Cholla Blvd., near the northwest corner of La Cholla Boulevard and Ina Road, into Uptown, a large-scale mixed-use district the developer is marketing as Southern Arizona’s first “Urban Resort Village.”

The master plan calls for approximately 2.5 million square feet of residential, retail, restaurant, hospitality, entertainment, office, and wellness uses arranged around pedestrian-oriented streets and gathering areas. Plans also include outdoor performance and event spaces, landscaped promenades, an event lawn, a splash pad, and other public spaces intended to keep the property active beyond traditional retail hours.

Unlike the enclosed shopping mall it replaces, Uptown is being designed as a walkable neighborhood where residents, hotel guests, employees, and visitors can move among apartments, restaurants, stores, entertainment venues, and public spaces.

The first residential component, The Astrie, is scheduled to begin welcoming residents this month. The five-story, 157-unit luxury apartment community at 7450 N. Uptown Drive offers studio, one- and two-bedroom residences, including several layouts with dens.

The apartments feature contemporary kitchens, quartz countertops, smart thermostats, keyless entry, in-unit washers and dryers, and private balconies in selected units. The community is positioned directly along Uptown’s planned promenade, giving residents access to the district’s restaurants, retail, and entertainment offerings as they open.

Another major component is the Tempo by Hilton Tucson Uptown, a five-story, 144-room lifestyle hotel under construction at 7400 N. Uptown Drive. The project reached its topping-out milestone in March, marking completion of the hotel’s vertical structure. Opening is now anticipated in January 2027.

The hotel will be operated by Valencia Hotel Group and is being designed around Hilton’s wellness-focused Tempo concept. Plans include approximately 3,000 square feet of flexible meeting and event space, a boardroom, an indoor-outdoor bar, a second-level swimming pool, and a fitness center.

Five specialized wellness rooms will include Peloton bicycles in each room. The hotel’s restaurant and beverage component, Moonsong Bar + Café, is planned as a destination for hotel guests, Uptown residents and the broader community.

EBCO General Contractors is serving as the general contractor for the hotel. Mayse & Associates is the architect of record, Studio 11 Design is providing hospitality interior design, and Stovelight is overseeing hospitality purchasing and procurement.

Uptown has also announced three new food-and-beverage tenants expected to open in 2027.

Los Milics Vineyards will establish a second Tucson-area tasting room at Uptown, complementing its downtown location and its vineyard and tasting room in Elgin. The concept is expected to pair Los Milics wines with a food program that reflects the vineyard’s Southern Arizona identity.

Omaha-based Flagship Restaurant Group will bring two of its restaurant concepts, Clio and Memoir, to the development.

Clio is a Mediterranean-inspired restaurant centered on mezze, spreads, salads, and entrées, supported by a cocktail program and European wine list. Memoir is an American grill concept offering classic dishes and sushi in a more intimate dining environment.

Barnes & Noble, one of the property’s longstanding tenants, has committed to space within Uptown. The bookseller currently operates at 7325 N. La Cholla Blvd. Other businesses that remained active during the mall’s redevelopment include AMC Theatres and several restaurants and retailers in the surviving perimeter buildings.

The transformation represents the second time Bourn Companies has undertaken a major repositioning of the Foothills Mall property.

Foothills Mall originally opened in 1982 as an upscale enclosed shopping center. Bourn Companies and its partners acquired the struggling property in 1994, when occupancy had fallen to approximately 12 percent. The ownership group converted it into an outlet and promotional retail center, added restaurants and entertainment uses, and increased occupancy to approximately 95 percent before selling the mall in 1999.

Bourn Companies and FHM Partners reacquired the property in 2016 after the mall began losing tenants again. The opening of Tucson Premium Outlets in Marana in 2015 accelerated the decline, as several outlet retailers relocated to the newer center. Online shopping and broader changes in consumer habits also weakened the traditional enclosed-mall model.

Demolition of much of the mall began in 2023. More than 350,000 square feet of the former structure was removed, clearing space for a denser combination of residential, hospitality, and commercial development.

Earlier plans envisioned as many as 1,000 apartments, approximately 500,000 square feet of retail space, more than 500 hotel rooms, 25 food-and-beverage establishments, and six distinctive outdoor environments at full buildout. Buildings of up to 10 stories have been approved for portions of the property.

The development is expected to proceed in multiple phases, with The Astrie representing the first major residential delivery, followed by the Tempo hotel and an expanding collection of dining, entertainment, retail, and public-space components.

With its combination of residences, hospitality, and experiential retail, Uptown represents one of the largest efforts in Southern Arizona to replace an obsolete regional mall with a denser, mixed-use destination intended to function throughout the day and into the evening.