Karen Schutte

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Tucson Creates New Office to Strengthen Regional Economic Coordination

TUCSON, AZ (June 15, 2026) — The City of Tucson’s new Office of Community and Economic Impact is intended to better coordinate the City’s economic-development, workforce, prosperity, cultural, and sustainability efforts with the outside organizations already working in those areas throughout the region to enhance Regional Economic Coordination. The Tucson Mayor and Council approved the

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CBRE Arranges Sale and Financing of Residences Kierland

Scottsdale, Ariz.  (June 12, 2026) – CBRE negotiated the sale of Residences Kierland, a 290-unit luxury multifamily community in North Scottsdale. CBRE’s Asher Gunter, Matt Pesch and Austin Groen represented the seller, Quarterra.  Bruce Francis, Doug Birrell, Bob Ybarra, Shaun Moothart and Nick Santangelo with CBRE’s Debt & Structured Finance practice facilitated debt financing for the buyer, MacNaughton. “Residences Kierland is a generational core asset

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Larsen Baker Sells 50% Interest in ArchWell Building at Broadway and Rosemont

TUCSON, ARIZONA (June 12, 2026) — Larsen Baker has completed the sale of its 50% interest in the freestanding ArchWell-occupied building at 5100 E. Broadway Blvd., located at the southeast corner of Broadway and Rosemont in Tucson. The seller, BRO Developer, LLC, an affiliate of Larsen Baker, sold its 50% interest in the property to

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