Broadway Star Shopping Center Sells Tucson, AZ

Broadway Star

Tucson, AZ (April 28, 2026) —  Broadway Star Shopping Center, an unanchored strip center located at a signalized intersection 7525-7543 E. Broadway Blvd, sold for $4,000,000 ($169 PSF).

The center was 100% occupied at the time of sale with a line-up of national, regional, and local tenants, including Dunn-Edwards Paint, Bimbo BakeryUSA, Boxing Inc, Liberty Tax, among others.  Situated on 3.38 acres, the 23,658 SF strip center has enjoyed long-term tenants and stabilized occupancy over decades.

Nancy McClure, formerly with CBRE and now with Sonoran Ventures, LLC, represented the ownership in its leasing.

“There has been national attention towards investment in retail strip centers, of late, as they offer customer convenience of ease of access to daily-needs tenants, and also giving tenants tremendous visibility to major corridors,” said McClure. “Broadway Star Shopping Center attracted multiple offers from multi-state investors.”

The seller, Tucson-based Broadway Star Partners, LLC, was represented by Nancy A. McClure, of Sonoran Ventures, LLC, partnering with CBRE’s National Retail Partners West, John Read, Matt Burson, and Trent Steeves.  The group leveraged its depth of industry knowledge and an expansive database of qualified investors.

The buyer, Bloomfield Capital, LLC, was represented by Volk Company’s Jeremy Price.

For more information, McClure should be reached at 520.237.2587, and Price is at 520.441.4771.




Larsen Baker Acquires Sam Hughes Office Project for $3.3 Million, Rebrands 100 North

Sam Hughes Office

TUCSON, AZ (April 24, 2026) — Larsen Baker, through its affiliate Tucson Sam Hughes, LLC, has acquired the office project at 100–150 N. Tucson Blvd. in Tucson’s Sam Hughes neighborhood for $3.3 million, or approximately $66 per square foot.

The roughly 50,000-square-foot office property sits on nearly four acres just north of Larsen Baker’s Sol Block retail property along Broadway. The project, now branded as 100 North, features a distinctive brick office building with a garden-level component and a central Tucson location near the Broadway corridor, the University of Arizona area, and surrounding residential neighborhoods.

The acquisition adds another infill asset to Larsen Baker’s Tucson portfolio and gives the company additional office leasing opportunities in one of the city’s most recognizable central neighborhoods. The property currently has 16,782 square feet available for lease.

Isaac Figueroa, CCIM, SIOR, with Larsen Baker, is handling leasing for the project. For leasing information, call 520.296.0200 ¦ Ext. 218.

Bob Davis with Tango Commercial and Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the buyer. Rick Kleiner and Alexis Corona with PICOR represented the seller.




Treat Casitas Sells in Tucson for $1.2 Million

Treat Casitas

TUCSON, AZ (April 22, 2026) — Treat Casitas, an eight-unit multifamily property at 2237–2241 N. Treat Ave. in Tucson, sold for $1.2 million in an off-market transaction that closed April 17. The sale equates to $150,000 per unit and $180.26 per square foot, with an attractive cap rate reported of 6.89%.

The property includes a mix of two one-bedroom/one-bath units, five two-bedroom/one-bath units, and one three-bedroom/two-bath single-family house. Marketing materials described the asset as a turn-key opportunity with recent major capital improvements, stainless steel appliances, and in-unit washers and dryers. The inclusion of the larger three-bedroom house adds another dimension to the unit mix and could broaden tenant appeal in a centrally located neighborhood near the University of Arizona and Culinary Dropout.

PICOR Multi-Family represented both parties in the transaction. Allan Mendelsberg and Joey Martinez of Cushman & Wakefield | PICOR handled the sale.

The deal stands out as another example of investor demand for smaller, well-located Tucson multifamily properties with updated interiors and operational upside already in place. Infill properties near the university area continue to attract attention, particularly when they offer a stabilized unit mix and recent improvements that limit near-term capital needs for a new owner.

For more information, Mendelsberg can be reached at 520.546.2721, and Martinez is at 520.546.2730.