TUCSON, AZ (FEBRUARY 9, 2026) — There were 18 lease transactions reported this week: 8 new leases and 10 renewals,  totaling 85,111 square feet, which were reported to the Tucson Lease Report, including 64,700 square feet of retail, 19,086 square feet of industrial, and 1,325 square feet of office.

The week’s largest retail lease was Just Between Friends Tucson at 2520 S. Harrison Rd. for 26,500 square feet, with Natalie Furrier and Greg Furrier representing the landlord. The largest industrial transaction was Safelite AutoGlass at 1402 S. Kolb Rd. for 9,916 square feet, with Natalie Furrier and Greg Furrier representing the landlord. The top office lease was Omni Elite Improvements, LLC at 3275 W. Ina Rd., Suite 269, for 1,325 square feet, with Thomas J. Nieman representing the landlord.

The following leases were reported to the Real Estate Daily News for the week of February 2–6, 2026.

RETAIL – 2520 S. HARRISON RD., TUCSON, AZ, 85748 WEST SUBMARKET
Hansenaz in Tx, Inc. dba Just Between Friends Tucson leased 26,500 square feet of retail space at 2520 S. Harrison Rd. in Tucson from Harrison 135th St., LLC. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord.

RETAIL – ROONEY RANCH, NWC ORACLE RD & FIRST AVE, ORO VALLEY, AZ,  85737 NORTHWEST SUBMARKET
Boot Barn Inc. leased 19,775 square feet of retail space at Rooney Ranch, NWC of Oracle Rd & First Ave, in Oro Valley, from Rooney Ranch D, LLC. Dave Hammack and Aaron LaPrise with Cushman & Wakefield | PICOR represented the landlord. Todd Folger of CBRE in Phoenix represented the tenant.

RETAIL – 6979 E. BROADWAY BLVD., SUITES 121/123/125, TUCSON, AZ, 85710 EAST SUBMARKET
Desert Rose MedSpa leased 3,400 square feet at 6979 E. Broadway Blvd., Suites 121/123/125 from Maqsood & Sabina Enterprises, LLC for a 5-year term. Robert Nolan of Oxford Realty Advisors represented both the tenant and the landlord.

RETAIL – SAN FRANCISCO SQUARE, SEC ORACLE RD & ROGER RD, TUCSON, AZ, 85705 CENTRAL SUBMARKET
Jazzercise leased 2,400 square feet of retail space at San Francisco Square at the SEC of Oracle Road and Roger Road in Tucson from The Machado Family Trust. Dave Hammack with Cushman & Wakefield | PICOR represented the landlord.

RETAIL – 8554 E. BROADWAY BLVD., TUCSON, AZ, 85710 EAST SUBMARKET Apothecurious Tap Room leased 1,764 square feet of retail space at Berkshire Village, 8554 E. Broadway Blvd. in Tucson, from JMK Family Properties. Aaron LaPrise, Greg Furrier, and Rob Tomlinson with Cushman & Wakefield | PICOR represented the landlord. Kameron Norwood with Cushman & Wakefield | PICOR represented the tenant.

OFFICE – 3275 W. INA RD., SUITE 269, TUCSON, AZ, 85741 NORTHWEST SUBMARKET
Omni Elite Improvements, LLC leased 1,325 square feet of office space at Ina Corporate Center, 3275 W. Ina Rd., Suite 269 in Tucson, from CALDOR Investments of Arizona, LLC. Thomas J. Nieman with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 1870 W. PRINCE RD., SUITE 65, TUCSON, AZ, 85705 CENTRAL SUBMARKET
Erick Estrella and Sylvia Estrella leased 1,200 square feet of industrial space at Exchange Place, 1870 W. Prince Rd., Suite 65 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 2450 W. RUTHRAUFF RD., SUITE 198, TUCSON, AZ, 85705 CENTRAL SUBMARKET
Acme House Company leased 1,100 square feet of industrial space at Ruthrauff Commerce Center, 2450 W. Ruthrauff Rd., Suite 198 in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

RENEWAL

RETAIL – 1402 S. KOLB RD., TUCSON, AZ, 85710 EAST SUBMARKET
Safelite AutoGlass renewed its lease with Eastpoint South Kolb, LLC for 9,916 square feet of retail and warehouse space at 1402 S. Kolb Rd. in Tucson. Natalie Furrier and Greg Furrier with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 1668 S. RESEARCH LOOP, SUITE 344, TUCSON, AZ, 85710 EAST SUBMARKET
Mineral Seal Corporation renewed its lease with Pegasus Tucson Owner LLC for 7,346 square feet of industrial space at Clairemont Plaza, 1668 S. Research Loop, Suite 344, in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 1870 W. PRINCE RD., SUITES 52–53, TUCSON, AZ, 85705 CENTRAL SUBMARKET
WSP USA Inc. renewed its lease with Pegasus Tucson Owner LLC for 2,400 square feet of industrial space at Exchange Place Business Center, 1870 W. Prince Rd., Suites 52–53 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord. Dan Dobric with Newmark Real Estate of Arizona LLC represented the tenant.

INDUSTRIAL – 2420 W. RUTHRAUFF RD., SUITE 100, TUCSON, AZ, 85705 CENTRAL SUBMARKET
Plumber of Arizona PLLC, dba Plumber of Tucson, renewed its lease with Pegasus Tucson Owner, LLC for 2,160 square feet of industrial space at Ruthrauff Commerce Center, 2420 W. Ruthrauff Rd., Suite 100 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 4951 E. 29TH ST., TUCSON, AZ, 85711 EAST SUBMARKET
Hot Bamboo LLC renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at Town Central Business Park, 4951 E. 29th St. in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 2410 W. RUTHRAUFF RD., SUITE 170, TUCSON, AZ, 85705 CENTRAL SUBMARKET
Angelo’s Pizza and Gyros renewed its lease with Pegasus Tucson Owner, LLC for 1,200 square feet of industrial space at Ruthrauff Commerce Center, 2410 W. Ruthrauff Rd., Suite 170 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 5013 E. 29TH ST., TUCSON, AZ, 85711 SUBMARKET NOT PROVIDED
Advanced Electric & Solar, LLC renewed its lease with Pegasus Tucson Owner LLC for 1,000 square feet of industrial space at Town Central Business Park, 5013 E. 29th St. in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

RETAIL – 3921 E. 29TH ST., SUITE 309, TUCSON, AZ, 85711 EAST SUBMARKET
Bethel Dominion Rock of All Nations renewed its lease with Pegasus Tucson Owner LLC for 945 square feet of retail space at Midpoint Business Plaza, 3921 E. 29th St., Suite 309 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., SUITE 81, TUCSON, 85712 NORTHEAST SUBMARKET
Bruce’s Lock Shop renewed its lease with Pegasus Tucson Owner LLC for 800 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 81 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

INDUSTRIAL – 2430 W. RUTHRAUFF RD., SUITE 124, TUCSON, AZ, 85705 CENTRAL SUBMARKET
McWebdesigns, Inc. renewed its lease with Pegasus Tucson Owner LLC for 680 square feet of industrial space at Ruthrauff Commerce Center, 2430 W. Ruthrauff Rd., Suite 124 in Tucson. Paul Hooker, SIOR, and Andrew Keim with Cushman & Wakefield | PICOR represented the landlord.

Submit sales and leases to [email protected].

PHOENIX, AZ (February 8, 2026) — Short-term vacation rentals are back in the crosshairs at the Arizona Legislature, as a cluster of new bills and a proposed nightly fee from Gov. Katie Hobbs signal a renewed push to reshape how vacation rentals operate statewide.

The latest debate has opened a familiar divide at the Capitol: neighborhood advocates say tighter rules are needed to protect residential quality of life, while many hosts and property owners argue the current framework already provides enforcement tools—and that new restrictions would punish responsible operators and reduce tourism-related income for Arizonans.

Bills would expand local tools—especially in smaller communities

Lawmakers are considering proposals that would broaden what cities and towns can regulate without being deemed to be “banning” short-term rentals. Among the concepts under discussion: permitting frameworks that allow smaller communities to limit the number of short-term rental permits issued, stronger enforcement mechanisms tied to documented nuisance or safety issues, and additional restrictions on where short-term rentals may operate under local zoning rules.

Some proposals also focus on guest houses and accessory dwelling units, with language that could allow local jurisdictions to prohibit short-term rental use in those structures.

A separate proposal targets property-tax treatment for heavy-use STRs

In addition to local-control measures, lawmakers are also weighing proposals that could have significant financial consequences through the property-tax system.

One bill would establish a new property-tax classification for short-term rentals with high occupancy. Depending on how a property is used—such as how many days per year it is rented for stays under 30 days—some short-term rentals could be treated more like commercial operations for tax purposes. Critics warn that a shift like that could produce meaningful tax increases for certain owners, particularly those running multiple properties or operating year-round.

Hobbs proposes a $3.50 nightly fee tied to affordability

Separately from the legislative bills, Gov. Hobbs has proposed a $3.50-per-night fee on short-term rental stays. The concept has been framed as a way for visitors to contribute to housing affordability initiatives, though opponents argue it would increase travel costs, reduce demand, and ultimately cut into the income many small operators rely on.

Why it matters for Arizona real estate and tourism

For commercial real estate—and for Arizona’s broader housing and hospitality ecosystem—the 2026 short-term rental fight is shaping up to be about multiple levers at once:

• Local control and zoning: New authority could change where short-term rentals cluster and how they’re managed.

• Compliance and operating costs: Registration, enforcement exposure, and new fees can materially affect net returns.

• Property-tax exposure: Reclassification proposals could reshape valuations and holding costs for higher-occupancy operators.

Supporters of tighter regulation say short-term rentals have fundamentally altered some neighborhoods, shifting impacts like noise, parties, and public-safety calls onto permanent residents. Opponents counter that most hosts operate responsibly, that existing rules can address “bad actors,” and that short-term rentals serve a legitimate demand from visitors that supports local businesses across Arizona—from major metros to destination markets like Tucson and Flagstaff.

Editor’s Note: As the measures move through committees, the details—and the stakes—are likely to sharpen, particularly around local permitting power, the proposed nightly fee, and how any tax classification changes would be applied.

TUCSON, AZ (Feb. 5, 2026) — A 60-unit Tucson Student housing property known as 60 on Roger Apartments has sold in an investment transaction for $8,695,695, or $144,928 per unit.

The property is located at 1241 W. Roger Road, Tucson, AZ 85705, in the Central submarket. The asset totals 43,538 square feet on approximately 2.19 acres, priced at $199.73 per building square foot, with 124 beds.

Built in 1964, the complex is described as mixed construction in average condition. Marketed as student housing, the property includes two two-story buildings and offers a mix of units, including one four-bedroom floor plan, along with amenities such as remodeled common areas, self-service laundry, a pet park, a library, a courtyard, a BBQ grill, a picnic area, and a swimming pool.

Sixty On Roger Delaware by LevelUP LLC c/o Five Doors Plus, LLC of Scottsdale, Ken Kossoudji, manager, sold the asset to Equilibrium 3 Prop Inc., Sofonias Astatke, manager and broker.

Source: RED Comp #12318