TUCSON, AZ (September 22, 2025) – The Tucson Lease Report shows a total square feet leased. Total square feet leased: 125,204 SF

By property types:

• Medical Office — 80,078 SF;
• Office — 23,180 SF;
• Industrial — 13,850 SF;
• Retail — 8,096 SF; and
• Renewals: 4,793 SF.

Leasing activity during the week was anchored by TMC Healthcare’s 77,971-square-foot commitment at El Dorado Health Campus, complemented by a strong office showing on Rosemont Boulevard and steady industrial transactions across the west and south submarkets. Retail activity featured a new Marana martial arts academy, a Church’s Texas Chicken drive-thru, and several in-line signings.

The following leases were reported to the Real Estate Daily News for the week of September 15–20, 2025.

MEDICAL OFFICE – EL DORADO HEALTH CAMPUS, 1400 N. Wilmot Rd., Tucson, 85712, Northeast Submarket
TMC Healthcare leased 77,971 square feet of medical office space from HSRE – MPCCA Tucson MOB, LLC. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the tenant.

OFFICE – 2221 N. Rosemont Blvd., Tucson, 85712, Northeast Midtown Submarket
Nova Via, LLC leased 12,609 square feet on the second floor from Handmaker Jewish Services for the Aging. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. George Amos, III, with Tucson Realty & Trust Co., represented the tenant.

INDUSTRIAL – 2425 N. Huachuca, Tucson, 85745, West Submarket
Casitas A Footwear Company, Inc. leased 9,450 square feet. David Blanchette with NAI Horizon represented the tenant, and Max Fisher with BRD Realty represented the landlord.

RETAIL – 13549 N. Sanders Rd., Marana, 85653, Northwest Submarket
Omnia Jiu Jitsu, LLC leased a freestanding building of 4,380 square feet at the southwest corner of Sanders Rd. and Grier Rd. Omnia Jiu Jitsu is a martial arts academy projected to open during Q1 2026. Craig Finfrock of Commercial Retail Advisors, LLC, represented the landlord, REB Ventures, LLC, and Michael Cortez of Commercial Real Estate Group of Tucson represented the tenant.

RETAIL – 1450 W. Saint Mary’s Rd., Tucson, 85745, West Central Submarket
Border Chicken AZ, LLC dba Church’s Texas Chicken® leased the freestanding drive-thru building. This will be the company’s seventh Tucson location, expected to open during Q1 2026. Craig Finfrock of Commercial Retail Advisors, LLC, represented the tenant.

OFFICE – 6130 N. La Cholla Blvd., Suite 205, Tucson, 85741, Northwest Submarket
USHV Management, LLC leased 2,467 square feet at La Cholla Medical Plaza from CWRP LA CHOLLA ORO MOB OWNER, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Adam Tolson with Lee & Associates and John H. Pope with Pope Corporation represented the tenant.

INDUSTRIAL – BUTTERFIELD BUSINESS PARK, 4595 S. Palo Verde Rd., Suite 503 & 509, Tucson, 85714, South Submarket
Coronado Communications Corporation leased 2,400 square feet from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

MEDICAL OFFICE – 603 N. Wilmot Rd., Suite 200B, Tucson, 85711, East Submarket
Tucson Medical Center dba TMC Health Cancer Center leased an additional 2,107 square feet from Magnum Realty, LLC. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the tenant. Buzz Isaacson with CBRE represented the landlord.

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, 3655 E. 44th St., Suite B, Tucson, 85713, South Submarket
Elite Crete of the Desert LLC leased 2,000 square feet from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 7720 N. Oracle Rd., Oro Valley, 85704, Northwest Submarket
Cole Technologies, LLC, leased 2,495 square feet from Augat Enterprises, LLC. Gordon Wagner and Ben Craney with NAI Horizon represented the landlord.

RETAIL – MIDPOINT BUSINESS PLAZA, 1801 S. Alvernon Way, Suite 108, Tucson, 85711, Central East Submarket
Lineup’z Barber Shop, LLC leased 1,200 square feet from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 1450 W. Saint Mary’s Rd., Tucson, 85745, Central Submarket
Border Chicken AZ, LLC dba Church’s Texas Chicken® leased the 1,216-sqaure-foot freestanding drive-thru building. This will be the company’s seventh Tucson location, expected to open during Q1 2026. Craig Finfrock of Commercial Retail Advisors, LLC, represented the tenant.

OFFICE – 2970 N. Swan Rd., Suite 220, Tucson, 85712, Midtown Northeast Submarket
Scott Rose dba Roses Insurance Group leased 1,103 square feet. Ben Craney and Phil Skillings with NAI Horizon handled the transaction.

OFFICE – COUNTRY CLUB BUSINESS CENTER, 622 N. Country Club Rd., Suite E, Tucson, 85716, Central Submarket
Zestful Wellness LLC leased 1,050 square feet from H26ONE L.L.C. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – GREEN VALLEY MEDICAL MALL, 1055 N. La Canada Dr., Suite 101, Green Valley, 85614, South Submarket
Inspired Life Chiropractic & Wellness, LLC, leased 962 square feet from MLL Green Valley LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – EL DORADO SQUARE, 1200 N. El Dorado Place, Suite H-800B, Tucson, 85715, Northeast Submarket
Gigapetz, LLC dba Thrivent, leased 1,494 square feet. Isaac Figueroa, CCIM, SIOR, represented the landlord, and Frank Arrotta represented the tenant, both with Larsen Baker.

OFFICE – CAMINO SECO BUSINESS PARK, 140 S. Camino Seco, Suite 418, Tucson, 85710, East Submarket
Zachary Rinker leased 1,000 square feet. Michelle Ward and Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord.

RETAIL – RANCHO CENTER, 3400 E. Speedway Blvd., Suite 104, Tucson, 85716, Central Submarket
Genesis Accounting HR & Taxes, LLC dba Simply AHT leased 1,300 square feet. Isaac Figueroa, CCIM, SIOR, and Michelle Ward with Larsen Baker represented the landlord.

RENEWALS

INDUSTRIAL – SOUTH DODGE BUSINESS CENTER, 3655 E. 44th St., Suite A, Tucson, 85713, South Submarket
Elite Crete of the Desert LLC renewed its lease for 2,400 square feet with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – MERCED ASSOCIATES, 6910 N. Camino Martin, Suite 130, Marana, 85741, Northwest Submarket
Capital CAM Services, LLC renewed its lease for 1,461 square feet with FJM Merced Associates, L.P. Alex Demeroutis and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – AJO/EVANS BUSINESS PARK, 3855 S. Evans Blvd., Suite 401, Tucson, 85714, South Submarket
Postal Strategy Consulting LLC renewed its lease for 932 square feet with FJM Merced Associates, L.P. Andrew Keim and Alex Demeroutis, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected]

TUCSON, AZ (September 22, 2025) — Trend Report Office Trends was released today. The past year has reminded us that Southern Arizona’s economy is not insulated from national forces—yet it also has unique drivers shaping how we experience cycles. The office market, in particular, has become one of the most closely watched sectors. With hybrid work redefining demand, technology reshaping how companies operate, and infrastructure a make-or-break factor for location decisions, the office landscape is more complex than ever.

In this month’s issue, we focus on “Office Trends.” The goal is not simply to track absorption numbers or vacancy rates, but to put those statistics in context. Why does Tucson’s office market seem to be outperforming national peers? How do new technologies like artificial intelligence influence the way businesses allocate space? And what does the controversy over Project Blue tell us about growth, governance, and community trust?

The lessons are layered. Tucson has recorded its strongest net absorption in six years, lowering vacancy and signaling that employers still see value in the region’s talent base and affordability. Meanwhile, Phoenix is reassessing strengths, weaknesses, opportunities, and threats through a “SWOT” analysis, offering insight into how metros across Arizona must position themselves to stay competitive. Together, these stories show that office markets remain highly local—even as national headlines tell a more cautious tale.

Another theme is the connection between housing and office health. Workforce housing is no longer a “nice to have” but a foundation of economic development. Employees who cannot live near job centers face long commutes and affordability pressures, weakening the very office corridors employers rely on. Zoning reform, adaptive reuse, and mixed-use development all come into play. These solutions expand housing options while strengthening the ecosystems surrounding office districts.

Infrastructure is the third critical pillar. Whether water, power, or transportation, companies now evaluate these resources with greater scrutiny. Project Blue underscored how secrecy and fragmented decision-making can erode trust. Going forward, Southern Arizona must align leadership, communicate transparently, and ensure infrastructure is ready before—not after—large investments arrive. Doing so will give site selectors and corporate boards confidence that our region is prepared for the long term.

What gives me optimism is the resilience and creativity of our business community. From adaptive reuse projects in Tucson or technology talent from Phoenix, and from cross-border manufacturing synergies to new approaches in financing, our region continues to evolve. The challenge for all of us—public leaders, private investors, and community members—is to ensure that growth builds both prosperity and trust. That means being bold enough to welcome opportunity, and disciplined enough to demand sustainability.

I extend heartfelt thanks to all who share research and perspective in the Trend Report, and to our production team — Patti vanLeer, Michael Rossmann, and Jack Paddock—for bringing each issue to life.

Looking ahead, don’t miss our November issue: Infrastructure Trends, that takes a deep dive into the deals, data, and developments shaping 2025 —plus fresh op-eds!

We welcome your feedback and contributions—visit trendreportaz.com and click “Connect” to get in touch and subscribe.

Sharpen your edge with actionable insight!

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MARANA, AZ (September 19, 2025) – Welltower Inc. (NYSE: WELL), one of the nation’s largest healthcare real estate investment trusts, has acquired Cogir at Continental Ranch, a premier Class A assisted living and memory care community located at 8689 N Silverbell Road in Marana, Arizona. The $22,247,103 ($205,991 per unit) acquisition was completed as part of a portfolio transaction.

Built in 2018, as a Watermark Community, the two-story spans 108 units licensed for 118 beds across 101,782 square feet. The property is situated on 3.99 acres along Silverbell Road and Continental Reserve Loop in one of Marana’s fastest-growing corridors. Residences include studio, one-bedroom, and two-bedroom layouts, complemented by a full suite of amenities such as a commercial kitchen and dining hall, fitness center, salon, theater, landscaped courtyards, and specialized memory care wings.

The seller, Kayne Anderson Real Estate of Boca Raton, Florida, developed the project in partnership with Watermark Senior Living and held the property until this transaction.

The acquisition underscores the continued appeal of Southern Arizona’s senior housing sector to national institutional investors. Strong demographics, reliable cash flow, and stable occupancy trends are driving capital inflows into the region. With Welltower’s acquisition and rebranding as Cogir at Continental Ranch, the community is positioned to serve a rapidly growing senior population while benefiting from the scale and operating expertise of Welltower’s extensive national portfolio.

The buyer was 8689 N Silverbell Rd Propco LLC c/o Welltower Inc. (Toledo, OH) and the seller, Marana Property Owner c/o Kayne Anderson Real Estate (Boca Raton, FL) / Watermark Senior Housing JV OPCO LLC – Kayne Anderson Real Estate

Welltower Inc., a leading healthcare real estate investment trust driving the transformation of healthcare infrastructure. The company invests in seniors housing, post-acute communities, and outpatient medical properties in major, high-growth markets in the U.S., Canada, and the U.K.

Source: RED Comp #12060