New Multifamily Project being proposed at Valencia & I-10

Valencia & I-10

TUCSON, AZ (February 20, 2026) — A 6.3-acre C-2 general commercial land parcel at 5070 E. Valencia Road in Tucson’s South submarket traded for $800,000 ($126,936 per acre, or $2.91 PSF) in an all-cash transaction that closed January 9, 2026.

The site totals 274,532 square feet and sits near the Valencia Road/I-10 interchange, positioning it as a freeway-oriented commercial opportunity with regional access advantages. Marketing materials cited proximity to major employment drivers, including Davis–Monthan Air Force Base and Tucson International Airport.

The seller was WB Real Estate LLC (San Antonio, Texas), and the buyer was 5070 E Valencia LLC of Tucson, David Williams, manager.

The property was characterized as an investment sale, with the buyer proposing a multifamily concept for the site.

Brokers on the transaction included Velocity Retail Group, Brian Harpel, and Darren Pitts for the seller, and Tucson Realty & Trust Company, Michael Gross, who represented the buyer.

For more information, Harpel can be reached at 520.721.7999, Pitts at 602.682.6050, and Gross should be contacted at 520.577.7000.

Source: RED Comp #12302




Central Tucson Industrial: NGW Properties Builds Fort Lowell/Estrella Yard Assemblage

NGW Properties

TUCSON, AZ (February 18, 2026) — NGW Properties LLC of Tucson has assembled a compact industrial yard footprint in Tucson’s Central submarket with the purchase of two industrial buildings and gated yard space at 208 E. Fort Lowell Road and 1350 N. Estrella Avenue for $300,000 ($94.28 PSF). The seller was Estrella Lowell LLC, and the transaction closed on September 23, 2025. Built in 1950, the fully walled and gated site totals 0.54 acres (approximately 23,500 square feet) and includes 3,182 square feet in two buildings: a 1,800-square-foot building and a 1,382-square-foot building, within the Coronado Heights area, and zoned C-2.

NGW Properties acquired the property for owner-occupancy by an affiliated user, J.W. Civil Construction Company, to support its Tucson operations, and the deal was structured with a seller carryback.

That footprint was recently expanded with an additional acquisition. On February 12, 2026, NGW Properties purchased a small adjacent parcel with a 1,600-square-foot office building at 204 E. Fort Lowell Road (SEC of Estrella Avenue) for $200,000 ($125 PSF).

The buyer was represented by Juan Teran of Realty Executives, and the seller was represented by Patrick Teske of Tierra Antigua.

J.W. Civil is a local, fast-growing contractor—often visible at active, fenced construction sites around town via its jobsite banners—making the assembled Fort Lowell/Estrella location a strategic operations base with secured yard functionality.

Source: RED Comp #12343

 




Tenant-to-Owner: HOPE Buys Central Tucson Building for $1.7M

HOPE

Tucson, AZ (Feb. 17, 2026) – The HOPE Building, located at 1200 N. Country Club Rd, in Central Tucson, a single-story property located on Country Club Rd, just north of Speedway Blvd, has sold for $1,700,000 (11,065 sf, $153.64 PSF) and closed on February 11, 2026.

The seller, HMS, Inc., was represented by Ryan Johnson of Ryco Properties, LLC. The buyer, the building’s tenant, Helping Ourselves Pursue Enrichment, Inc. (HOPE), was represented by Buzz Isaacson of CBRE.

Originally built in 1970 by the seller, the property was upgraded in 2010 when HOPE began occupying it.

The buyer will continue to occupy the building.

Helping Ourselves Pursue Enrichment (HOPE), Incorporated is a consumer-run (AKA peer and family-run) specialty provider of behavioral health services. With over thirty years of service delivery, HOPE provides professional peer-support services to individuals who are living with mental illness and/or substance use disorders, and to those involved in the criminal justice system. Designated a Center of Excellence by AZ Complete Health, HOPE provides quality care to individuals and families in Cochise, Navajo, Mojave, Pima, Pinal, Santa Cruz, Yavapai, and Yuma Counties, with further expansion efforts on the horizon.

For more information on this transaction, contact Ryan Johnson with Ryco Properties, LLC at (520) 955-8125 or Buzz Isaacson with CBRE at (520) 400-5500.

See also RED Comp #12339