Correction: This article has been updated to clarify the buyer’s intended use of the property.

TUCSON, AZ (March 31, 2026) —A two-story office building at 1890 E. River Road in Tucson’s Northeast submarket sold March 19 for $5.3 million, or about $326 per square foot, in an owner-user transaction. The 16,257-square-foot property sits on 1.13 acres at the southwest corner of River Road and Campbell Avenue, one of Tucson’s most established office and mixed-use corridors.

The seller was River Campbell LLC of Tucson, managed by Hank Amos. The buyer was 1890 River LLC, care of LBSL Investments LLC and Gose Capital of Tucson, managed by Chris Huizenga and Kristian Gose. Built in 1987, the property is part of Saint Philip’s Plaza / Cambric Corporate Center.

The building was vacant at the time of sale. The buyer plans to occupy half of the upper floor for several businesses, including real estate investment, private lending, and operations tied to F45 Training, which has a studio across the street in St. Philip’s Plaza. The remainder of the building is being offered for lease to real estate-based businesses in suites ranging from 1,000 to 6,000 square feet, along with smaller office spaces of about 100 to 350 square feet.

According to the seller, the exterior had recently been repainted and was in good condition. The site also includes 98 parking spaces, supporting both owner-user occupancy and future multi-tenant leasing.

The property sold at the high end of the price-per-square-foot range for vacant office space, a premium attributed largely to its location. Positioned on a highly visible corner at River Road and Campbell Avenue, the building benefits from a corridor known for its mix of office, retail, restaurant, and residential uses. The sale reflects continued demand for well-located office assets that offer both owner-user functionality and lease-up potential in central infill locations with established surrounding amenities.

Source: RED Comp #12395

TUCSON, AZ (March 30, 2026) — Lease activity reported for the week of March 23-27 totaled 60,004 square feet across retail, office, and industrial properties, including new leases, expansions, and renewals. Office led the week with 21,589 square feet, followed by industrial with 19,633 square feet and retail with 18,782 square feet. The top retail lease was Barnes & Noble’s 16,056-square-foot commitment at Oracle Wetmore Shopping Center, where Aaron LaPrise of Cushman & Wakefield | PICOR represented the landlord, and Phil Dagostini and Greg Laing of Phoenix Commercial Advisors represented the tenant. The top office lease was Tucson Medical Center’s 14,976-square-foot deal at 2070 W. Rudasill Rd., with Thomas J. Nieman and Stephen D. Cohen of Cushman & Wakefield | PICOR representing the landlord and Richard M. Kleiner and Alexis Corona of Cushman & Wakefield | PICOR representing the tenant. The top industrial lease was The Hiller Companies’ 6,242-square-foot lease at 3745 N. I-10 EB Frontage Rd., where Stephen D. Cohen and Robert C. Glaser of Cushman & Wakefield | PICOR represented the landlord and Hagen Hyatt of JLL represented the tenant.

The following leases were reported to the Real Estate Daily News for the week of March 23-27, 2026.

NEW LEASES

RETAIL – 4380 N. ORACLE RD., SUITE 150, TUCSON, AZ, 85705 – CENTRAL
Barnes & Noble leased 16,056 square feet of retail space at Oracle Wetmore Shopping Center from Acacia-Tucson LLC. Aaron LaPrise, principal, retail specialist with Cushman & Wakefield | PICOR, represented the landlord. Phil Dagostini and Greg Laing with Phoenix Commercial Advisors represented the tenant. Barnes & Noble is expected to open in late 2026.

OFFICE – 2070 W. RUDASILL RD., TUCSON, AZ, 85704 –  NORTHWEST
Tucson Medical Center leased the 14,976-square-foot medical office building from Redyns Development LLC. Thomas J. Nieman, principal, office specialist, and Stephen D. Cohen, principal, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord. Richard M. Kleiner, MBA, principal, and Alexis Corona, office specialists with Cushman & Wakefield | PICOR, represented the tenant.

INDUSTRIAL – 3745 N. I-10 EB FRONTAGE RD., SUITE 115, TUCSON, AZ, 85705 – CENTRAL
The Hiller Companies, LLC leased 6,242 square feet of industrial space from Peacock Investment Builders Tucson II, LLC. Stephen D. Cohen and Robert C. Glaser, SIOR, CCIM, principals, industrial specialists with Cushman & Wakefield | PICOR, represented the landlord. Hagen Hyatt with Jones Lang LaSalle Americas, Inc. represented the tenant. The Hiller Companies provides fire protection services.

INDUSTRIAL – 637 S. VINE AVE., TUCSON, AZ, 85719 – CENTRAL
Sparks & Arcs Customs leased a 5,250-square-foot industrial building from Chargers 1 LLC. Max Fisher of BRD Realty handled the transaction.

RETAIL – 7348 N. ORACLE RD., TUCSON, AZ, 85704 – NORTHWEST
Chill-N leased 1,436 square feet of retail space. Kaitlyn Sump of CBRE represented the tenant. David Carroll of Paul Ash Commercial Real Estate represented the landlord, Back to the Future Cottonwood LLC.

INDUSTRIAL – 1955 W. GRANT RD., TUCSON, AZ, 85745 – WEST
H Cortez leased 1,276 square feet of office-warehouse space from WESTGRANT INVESTORS LLC. Max Fisher of BRD Realty handled the transaction.

RETAIL – 2112 W. GRANT RD., TUCSON, AZ, 85745 – WEST
Prime Barber Lounge leased 900 square feet of retail space at Silverbell Plaza from Wisconsin Mall Properties, LLC and R Jeter Family Trust. Aaron LaPrise and Dave Hammack, principals, retail specialists with Cushman & Wakefield | PICOR, represented the landlord. Manuel Miranda with Coldwell Banker Realty represented the tenant.

RETAIL – 2959 N. SWAN RD., TUCSON, AZ, 85712 – NORTHEAST
Local Lash & Aesthetics leased 390 square feet of retail space at Synergy Plaza from Synergy Plaza LLC. Jason Shaltiel of CBRE represented the landlord. The tenant was self-represented.

RENEWAL

INDUSTRIAL – 2551 N. DRAGOON ST., TUCSON, AZ, 85745 – WEST
Regency Medical Equipment Inc. renewed its lease for 6,865 square feet. Tim Healy of CBRE represented Lilly Investment Group LLC. Regency Medical Equipment Inc. was self-represented.

OFFICE – 190 W. CONTINENTAL RD., SUITE 226, GREEN VALLEY, AZ, 85622 – SOUTH
Embarc Realty AZ, LLC exercised its option to expand its suite and extend its term for 3,334 square feet of office space at Continental Plaza. Rob Tomlinson, principal, retail specialist, and Ryan McGregor, office specialist with Cushman & Wakefield | PICOR, represented the landlord, Continental Green Valley Associates, LLC.

OFFICE – 2530 E. BROADWAY BLVD., SUITE B, TUCSON, AZ, 85716 – CENTRAL
Pima Family Advocacy Center, Inc. expanded its lease with LLJ Holdings, LLLP for a total of 3,279 square feet of office space at Broadway Midtown Plaza. Ryan McGregor, office specialist with Cushman & Wakefield | PICOR, represented both parties. Molly Mary Gilbert, CCIM, office specialist with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected]

TUCSON, AZ (March 27, 2026) — A two-property Tucson cannabis dispensary portfolio occupied by Earth’s Healing sold March 20 for a combined $6 million ($784 PSF), reflecting investor demand for stabilized cannabis real estate with experienced operators.

The portfolio includes Earth’s Healing North at 78 W. River Road in Tucson’s Northwest submarket and Earth’s Healing South at 2075 E. Benson Highway in the South submarket. The River Road property sold for $2.4 million, while the Benson Highway location sold for $3.6 million. Together, the two properties total 7,654 square feet on approximately 1.96 acres. Earth’s Healing North contains 3,668 square feet and was built in 1998. Earth’s Healing South, a newer facility built in 2021, contains 3,986 square feet. Both transactions were recorded as bulk portfolio investment sales with seller carryback financing, and both properties were acquired fully occupied.

The seller was listed as Meridiano Investments III LLC and Meridiano Investments LLC. The buyers were affiliated Mesa entities Sarionn LLC and Reonn LLC, both tied to Jigar Patel as manager. Sellers, Vicky Puchi-Saavedra and Kelly Park will continue to operate the Earth’s Healing business following the sale.

That ongoing operating role fits the company’s long-term identity in the Tucson market. Earth’s Healing was described as a woman-owned, family-run business, with Puchi-Saavedra identified as owner/operator of the dispensaries. In prior reporting, she said the company began as “a small family business” and had grown into “a really big family business.” The Star also reported that family members were active in the company’s operations and leadership.

The transactions give the buyer two established Tucson dispensary properties in separate trade areas while keeping the operating business in local hands. For Southern Arizona, the deal also highlights the investment appeal of cannabis real estate backed by an established brand, in-place tenancy, and a long-running local operator.

Source: RED Comps #12397 & #12398.