TUCSON, AZ (May 4, 2026) — Eleven leases totaling 19,126 square feet were reported in the Tucson market for the week of April 27–May 1, 2026. The activity included 8,664 square feet of industrial/office-warehouse space, 8,568 square feet of retail space, and 1,894 square feet of office space. The largest retail lease was United Optum Real Estate, LLC for 5,220 square feet at 5330 E. Broadway Blvd., with Dave Hammack of Cushman & Wakefield | PICOR representing the landlord and David Montijo of CBRE representing the tenant. The largest industrial/office-warehouse lease was DR Air LLC for 2,646 square feet at 2802 N. El Burrito Ave., handled by Max Fisher of BRD Realty. The largest office lease was Breadsmith for 1,054 square feet at Ventana Plaza, with Dave Hammack and Ryan McGregor of Cushman & Wakefield | PICOR representing the landlord and Cory Lamb and Robert Lamb of Long Realty Company representing the tenant.

The following leases were reported to the Real Estate Daily News for the week of April 27–May 1, 2026.

NEW LEASES
RETAIL – 5330 E. BROADWAY BLVD., TUCSON, AZ, 85711 – EAST SUBMARKET
United Optum Real Estate, LLC leased 5,220 square feet of retail space at 5330 E. Broadway Blvd. in Tucson from AAMP Properties, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. David Montijo with CBRE, Tucson, represented the tenant.

INDUSTRIAL – 2802 N. EL BURRITO AVE., SUITE 2, TUCSON, AZ, 85705 – CENTRAL SUBMARKET
DR Air LLC leased 2,646 square feet of office/warehouse space at 2802 N. El Burrito Ave., Suite 2 in Tucson from Burrito Investors LLC. Max Fisher, BRD Realty, handled this transaction.

RETAIL – 3102 E. FORT LOWELL RD., TUCSON, AZ, 85716 – CENTRAL SUBMARKET
Soldier’s Best Friend leased 1,788 square feet of retail space at Winterhaven Square, 3102 E. Fort Lowell Rd. in Tucson, from Winterhaven Investors LLC. Rob Tomlinson, Principal, and Natalie Furrier, Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord. Tholin Johnson with PAK Home Realty represented the tenant.

RETAIL – 5604 E. BROADWAY BLVD., TUCSON, AZ, 85711 – EAST SUBMARKET
Sell Your Gadgets leased 1,560 square feet of retail space at Broadway Center, 5604 E. Broadway Blvd. in Tucson from Broadway Craycroft, LLC. Greg Furrier and Natalie Furrier with Cushman & Wakefield | PICOR represented the landlord. Frank Arrotta with Larsen Baker, LLC represented the tenant.

OFFICE – 5455 N. KOLB RD., SUITE 113, TUCSON, AZ, 85750 – NORTHEAST SUBMARKET
Breadsmith leased 1,054 square feet of office space at Ventana Plaza, 5455 N. Kolb Rd., Suite 113 in Tucson, from ETT Ventana Plaza, LLC c/o Carbas Corporation. Dave Hammack, Principal, Retail Specialist, and Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Cory Lamb and Robert Lamb with Long Realty Company represented the tenant.

INDUSTRIAL – 227 E. VALENCIA RD., SUITE 235, TUCSON, AZ, 85706 – SOUTH SUBMARKET
Stagecoach Goods LLC leased 990 square feet of office/warehouse space at 227 E. Valencia Rd., Suite 235 in Tucson from VCC Investors LLC. Max Fisher, BRD Realty, handled this transaction.

OFFICE – 2343 E. BROADWAY BLVD., SUITE 112B, TUCSON, AZ, 85719 – CENTRAL SUBMARKET
Movement Mortgage, LLC leased 840 square feet of office space at The Continental, 2343 E. Broadway Blvd., Suite 112B in Tucson, from Continental Development Company – 2343 Broadway, LLC. Thomas J. Nieman, Principal, and Molly Mary Gilbert, CCIM, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. Bruce Suppes with CBRE, Tucson, represented the tenant.

RENEWAL
INDUSTRIAL – 3855 E. EVANS BLVD., SUITE 403-404, TUCSON, AZ, 85713 – SOUTH SUBMARKET
Paragon Diversity Group Inc renewed its lease with FJM Merced Associates, LP for 2,398 square feet of industrial space at Ajo/Evans Business Park, 3855 E. Evans Blvd., Suite 403-404 in Tucson. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3855 S. EVANS BLVD., SUITE 401, TUCSON, AZ, 85714 – SOUTH SUBMARKET
Postal Strategy Consulting LLC renewed its lease with FJM Merced Associates, LP for 932 square feet of industrial space at Ajo/Evans Business Park, 3855 S. Evans Blvd., Suite 401 in Tucson. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3819 S. EVANS BLVD., SUITE 306, TUCSON, AZ, 85714 – SOUTH SUBMARKET
G Squared Consulting, LLC renewed its lease with FJM Merced Associates, LP for 918 square feet of industrial space at Ajo/Evans Business Park, 3819 S. Evans Blvd., Suite 306 in Tucson. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1100 E. AJO WAY, SUITE 211, TUCSON, AZ, 85713 – SOUTH SUBMARKET
Nailddicted, LLC renewed its lease with FJM Merced Associates, LP for 780 square feet of industrial space at Ajo/Evans Business Park, 1100 E. Ajo Way, Suite 211 in Tucson. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected]

TUCSON, AZ — 243 E University LLC purchased a five-unit Historic West University multifamily property at 243 E. University Blvd. in Tucson from ReDesign by Blaser LLC for $1.092 million.

The transaction closed April 8, 2026. The sale price equates to approximately $218,400 per unit and $416 per square foot based on 2,624 square feet.

The property is located in Tucson’s West University area near the University of Arizona, Fourth Avenue and downtown Tucson. Built in 1906, the masonry property includes five residential units on approximately 0.27 acres. The unit mix includes one single-family residence of approximately 912 square feet with two bedrooms and one bathroom, along with an apartment building totaling approximately 1,712 square feet with four one-bedroom, one-bath units.

The property is zoned HR-3, historic high-density residential, and is located within Tucson’s central submarket.

Denice Osbourne with Long Realty listed the property. Daniel W. Reichardt with Genesis Real Estate & Management represented the buyer.

For more information, Osbourne should be contacted at 520.909.6592 and Reichardt is at 520.390.1270.

Source: RED Comp 12411

TUCSON, AZ (May 1, 2026) — D.R. Horton, Inc. purchased 132 lots and common-area land for Phase 2 of the Redford Estates subdivision in southwest Tucson from Redford Estates BLF LLC for $2.046 million.

The transaction included 132 single-family residential lots and associated common-area property at 2730 W. Sneakers Street in Tucson’s west submarket. The sale closed on April 16, 2026. The purchase price equates to $15,500 per lot.

The property is part of Redford Estates, a residential subdivision planned near Valencia Road in southwest Tucson. This Phase 2 sale represents a continuation of the project originally reported by Real Estate Daily News in 2024, when Walton Global acquired the 276-lot subdivision through its Builder Land Financing program to support future new-home development.

The current sales represent the Phase 2 lot takedown by D.R. Horton. The price mirrors the original reported lot valuation from the 2024 transaction, when the subdivision’s 276 platted lots were valued at approximately $15,500 per lot.

The seller, Redford Estates BLF LLC, is tied to Walton Global’s Builder Land Financing model, a structure designed to help production homebuilders control future lot supply without carrying the full land position on their balance sheet from the outset.

Under the model, Walton acquires land identified for residential development and works with builders through phased takedown arrangements. That allows a builder such as D.R. Horton to secure a pipeline of lots while purchasing them in stages as the community moves forward.

That structure appears to be reflected in Redford Estates. This latest transaction involving 132 – Phase 2, mirrors the lot pricing from the original 2024 takedown as D.R. Horton continues its planned takedown within the subdivision.

The arrangement also illustrates how national homebuilders are managing land strategy in the current market: controlling future inventory through phased commitments, while limiting upfront land exposure and aligning purchases with absorption, construction timing, and buyer demand.

D.R. Horton is actively marketing Redford Estates as a new home community in southwest Tucson. The community adds to new-home inventory serving Tucson’s southwest growth corridor, an area benefiting from proximity to Valencia Road, Interstate 19, Tucson International Airport, major employment centers, and established residential demand.

D.R. Horton’s buyer representative was Sam Mills, Division Vice President of Land. The seller representative was Paul Brae, Vice President of Portfolio Management for Walton.

The transaction underscores continued builder activity in Tucson’s entry-level and move-up housing market, particularly in phased subdivisions where national builders can control lot supply over time.