TUCSON, AZ (April 3, 2026) – In what represents Tucson’s largest residential lot transaction of 2026 and the most significant master-planned community launch the market has seen in recent memory, Ashton Woods/Starlight Homes has closed on the Phase 1 acquisition of Camino Verano, marking the debut of Sunbelt Holdings’ transformative 710-acre, 2,000-lot development in Southeast Tucson’s rapidly expanding employment corridor.

The Phase 1 acquisition encompasses 480 finished residential lots across four strategically planned parcels offering varied product widths (40′, 45′, and 50′), with a combined transaction value of $49,290,890—making it unequivocally the largest single lot acquisition in Tucson for 2026 to date. Construction is scheduled to commence Q2 2026, with model home grand openings anticipated in early 2027. Phase 1 will also include an amenity package to enhance the residential experience and kick off Camino Verano.

The 480-lot Phase 1 closing marks the third partnership between Ashton Woods/Starlight and Sunbelt Holdings in just 12 months—an unprecedented builder commitment that has put over 1,000 lots into play in that timeframe and signals a fundamental shift in how the nation’s largest homebuilders are approaching the Tucson market.

“When a large builder commits to 1,000+ lots with you in a single year across multiple projects, that transcends typical buyer-seller dynamics,” Greg Mohl, vice president and head of Sunbelt’s Tucson operations, commented. “That’s a strategic partnership built on trust, certainty of execution, and shared conviction in Tucson’s long-term trajectory. Ashton Woods/Starlight sees at Camino Verano what we see: a generational opportunity to capture Tucson’s employment-centric housing demand at scale. Phase 1’s 480 lots are just the opening chapter of what will be a decade-long commitment of delivering 2,000+ homes to this market.”

Redefining the Employment-Centric Community at Unprecedented Scale

What fundamentally differentiates Camino Verano from other master-planned communities launched in recent years is its strategic positioning directly within—not adjacent to—the metro’s primary employment and economic growth engine in Tucson. While traditional communities push homebuyers to the metropolitan fringe requiring 30-minute freeway commutes, Camino Verano delivers immediate, freeway-free access to Southeast Tucson’s massive and expanding employment base:

• Raytheon Missile Systems – 8 minutes (10,000+ employees, Tucson’s largest private employer and a cornerstone aerospace/defense employer)
• Tucson International Airport – 10 minutes (2,500 direct employees, Arizona’s second-busiest airport)
• Davis-Monthan Air Force Base – 12 minutes (9,100 military and civilian personnel, permanent federal installation)
• University of Arizona Tech Park – 10 minutes (6,000 employees across multiple technology and research tenants)
• Over 40,000 active jobs within a 10-minute drive radius—no freeway access required

Over $200 million in institutional industrial capital deployed in the past 24 months—creating a self-reinforcing growth cycle, for upwards of 5,000 future jobs, that benefits Verano’s long-term positioning:

Complete Lifestyle Ecosystem Already Operational

In a stark departure from master-planned communities in growing areas where residents endure years waiting for promised retail and amenity infrastructure, Camino Verano launches with Southeast Tucson’s mature, fully operational commercial and lifestyle ecosystem already in place—a critical competitive advantage that eliminates the “pioneer penalty” typical of new community launches:

Comprehensive Retail Infrastructure: Walmart Supercenter, Costco Wholesale, Target, Fry’s Food & Drug, Safeway, complete banking services (Wells Fargo, Bank of America, Chase), full-service healthcare facilities, urgent care, pharmacy chains (CVS, Walgreens), and major restaurant corridors spanning national chains to local favorites—all within a 10-minute drive.

Premier Recreation & Entertainment Destinations:

• Mosaic Quarter (5 minutes) – Pima County’s landmark $100+ million sports and entertainment complex featuring a 175,000 SF ice sports facility (MQ Iceplex), 131,000 SF multi-sport field house (basketball, volleyball, indoor soccer, wrestling, track & field), outdoor sportsplex for tournament play, and event pavilion, with ambitious future phases including hotels, dining, performing arts venues, and sports medicine facilities
• Casino Del Sol (10 minutes) – Full-service resort, gaming, dining, and entertainment complex
• Kino Sports Complex (10-15 minutes) – Pima County’s 300+ acre flagship sports venue featuring Kino Veterans Memorial Stadium (11,000 seats), 7 baseball fields, 8 regulation soccer fields, 20 pickleball courts, and professional clubhouses hosting MLS preseason training, FC Tucson professional soccer, major concerts, and year-round youth sports leagues

Will White and John Carroll of Land Advisors Tucson handled the transaction and represent Sunbelt Holdings at Camino Verano.

“This is a major moment for Tucson’s residential market,” said White “Camino Verano represents a fundamental shift—2,000 lots positioned 8 minutes from the absolute epicenter of Southeast Tucson’s employment corridor, with zero freeway access required. Camino Verano is the convergence of scale, location, and infrastructure maturity. Day one, residents have complete services and 40,000 jobs all within 10 minutes—all accessible without touching I-10. Employment density and lifestyle infrastructure at this proximity, with no freeway dependence, is what makes Camino Verano transformational. Congratulations to the Sunbelt team and everyone at Ashton Woods/Starlight. “

The full Camino Verano development encompasses 710 acres with approximately 2,000 lots planned across five meticulously sequenced phases, leaving roughly 1,500 lots for future releases. At full build-out, Camino Verano will stand as one of Southeast Tucson’s largest residential communities and create a decade-plus inventory pipeline serving the market’s most critically undersupplied segment: well-located, employment-proximate finished lots. Land Advisors has the Marketing assignment for Camino Verano.

TUCSON, AZ (April 2, 2026) — Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving institutional clients, announced the sale of Brookwood, a 272-unit multifamily community at 201 S. Kolb Rd. in Tucson, for $28.25 million.

The March 19 investment sale works out to about $103,860 per unit and $138.76 per square foot for the 203,586-square-foot property, which sits on 9.93 acres. The seller was VP Brookwood LLC, c/o Stoneweg US LLC of St. Petersburg, Florida. The buyer was AndMark Brookwood Apartments LLC, c/o AndMark Investment Fund VII LLC of Los Angeles.

Marcus & Millichap’s Tucson office, working through IPA, handled the listing. Clint Wadlund and Hamid Panahi represented the seller and procured the buyer.

“Brookwood is well-positioned within East Tucson and benefits from proximity to multiple employment sectors, including healthcare, business and professional services, retail, and hospitality, offering residents access to approximately 3,200 employers and more than 77,000 jobs,” said Clint Wadlund, IPA managing director investments.

“This acquisition reflects the continued confidence investors have in Tucson’s multifamily fundamentals,” said Hamid Panahi, IPA senior managing director investments. “With a diversified employment base and sustained renter demand, Tucson continues to attract long-term capital. The buyer has been steadily expanding its footprint in the market, and this transaction reinforces its commitment to investing in Tucson’s long-term growth.”

The property is on Kolb Road just south of Broadway Boulevard, with access to Downtown Tucson and Interstate 10. Nearby employers include Raytheon, Davis-Monthan Air Force Base, Banner Health, Tucson Medical Center, and Carondelet Health Network.

Built in 1973, Brookwood is a two-story, garden-style apartment community with 23 apartment buildings and a unit mix of 176 one-bedroom and 96 two-bedroom apartments. The weighted average unit size is about 760 square feet. Amenities include a clubhouse, pool and spa, fitness center, EV charging stations, laundry facilities, courtyards, covered parking, and a dog park.

The buyer is not new to Tucson. Los Angeles-based AndMark Management Company focuses on workforce-oriented multifamily housing in smaller and mid-sized U.S. cities, targeting markets where it sees demand supported by steady middle-income employment and returns driven by cash flow and value-add improvements.

AndMark has already built a notable Tucson footprint with properties including Paragon on Pima, Copper Creek Apartments, San Marin Apartments, and Palomino Crossing. The firm also owned Paseo del Sol, a 152-unit Tucson apartment community, which it sold in 2022 for $33.6 million.

For more information, Wadlund can be reached at 520.349.0621 and Panahi at 520.719.6511.

TUCSON, AZ (April 1, 2026) — A 3,424-square-foot medical office building at 7416 N. La Cholla Blvd. at LaCholla Corporate Center in Northwest Tucson sold for $915,000, or approximately $267 per square foot, in a transaction that positions the property for lease.

CBRE’s David Montijo represented seller JMN Plastics LLC in the sale. The buyers, IC AZ LLC and BKAI LLC, were self-represented.

Located in La Cholla Corporate Center near La Cholla Boulevard and Magee Road, the one-story building is well-suited for medical office use and sits within one of Tucson’s more established northwest office corridors. The area offers convenient access to surrounding residential neighborhoods and regional traffic routes, making it an attractive location for healthcare and professional office users seeking smaller infill space.

The property is now being offered for lease at $27 per square foot, triple net, through Pawan Chabra. That suggests the buyers acquired the asset as an investment property rather than for immediate owner-user occupancy.

The transaction reflects continued interest in smaller medical office assets that appeal to investors and prospective tenants seeking functional, well-located space in established submarkets.

Contact Pawan Chabra at 412.225.5290 for leasing information.

For more information on the sale, contact David Montijo at 520.323.5136.