Cushman & Wakefield Brokers $8 Million Sale of Wildcat Canyon Village Near the University of Arizona

TUCSON, Ariz. — (January 6, 2026) — Cushman & Wakefield announced it has arranged the sale of Wildcat Canyon Village, a 76-unit, 128-bed student housing community at 1050 E. 8th St. in Tucson. The property sold for $8,000,000 ($62,500 per bed and $105,263 per unit) on December 8, 2025.

Cushman & Wakefield’s Steven Nicoluzakis and David Fogler represented the seller, the Federal Home Loan Mortgage Corporation (Freddie Mac). The buyer was Campus Investco, LLC.

“This previously lender-owned community represents a compelling value-add opportunity for repositioning and growth in the Tucson student housing market,” Nicoluzakis said.

Built in 1968, Wildcat Canyon Village is configured for 128 beds and offers upside through a potential expansion to 164 beds via strategic unit conversions. The flexible layout allows ownership to legalize converted three-bedroom units or return to the original unit mix, depending on market demand.

Amenities include a swimming pool, basketball court, picnic area with barbecue grills, and a coffee bar, along with controlled access, package lockers, on-site laundry and free resident parking.

The community is within walking distance of the University of Arizona and is surrounded by nearby retail, dining, and entertainment.

For more information, contact Nicoluzakis at 602.224.4429 or Fogler at 602.224.4443.

Source: RED Comp #12232

Walmart Closes on Site for 176,000 SF Building at Crossroads at Gladden in Marana

Walmart

MARANA, AZ (January 5, 2026) — Walmart Stores, Inc. has acquired a major retail pad in Marana’s fast-growing Tangerine Road corridor, purchasing Blocks 7 and 8 at Crossroads at Gladden for $9.78 million in an all-cash transaction that closed Dec. 18, 2025.

The sale covers 28.14 acres, a large, graded/padded site positioned near the Interstate 10 and Tangerine Road interchange—one of the Northwest submarket’s most active growth corridors. The purchase is valued at approximately $347,674 per acre, underscoring continued investor confidence in Marana’s north-of-Tucson expansion path. The buyer’s planned use is a new Walmart store of approximately 176,000 square feet, with fueling stations, which would add a major daily-needs draw and likely accelerate follow-on tenant demand for complementary uses such as quick-service restaurants, services, and neighborhood retail for Gladden Farms.

Crossroads at Gladden has been marketed as a regional retail destination with strong freeway visibility, growing rooftops, and expanding nearby employment and mixed-use activity. Marketing materials for the project highlight traffic exposure from Tangerine Road and I-10 and emphasize the site’s role in anchoring the broader commercial district.

Crossroads at Gladden is being positioned as a broader freeway-interchange commercial node, supported by a wave of nearby rooftops and new community infrastructure. CBRE’s marketing materials highlight hot residential growth in the immediate trade area, including Mandarina (2,500 planned homes with planned commercial/retail) and Tortolita Shadows (2,500 planned homes), alongside the now-open Tangerine Farms K–8 School and Northwest Fire District #341 facility.

The marketing brochure also notes additional development momentum in the corridor, including ±304 multifamily units slated to open in 2025 and “planned medical, warehouse and distribution, multi-family, plus more,” reinforcing the site’s draw for daily-needs retail and services beyond the Walmart anchor.

The seller, Tangerine 2021 LLC, is managed by Dean Wingert of Crown West Realty. CBRE’s Nancy McClure handles marketing for the Crossroads at Gladden.

For more information, contact Nancy McClure, CBRE Retail, at 520-323-5117 or Dean Wingert, Crown West Realty, at 520-888-3962.

Source: RED Comp #12260.

Owner-User Real Estate Transactions Highlight Continued Demand Across Tucson Submarkets

TUCSON, AZ (December 19, 2025) — A trio of owner-user real estate transactions closed in early December underscores continued demand for well-located commercial properties across multiple Tucson submarkets, with buyers ranging from a regional credit union to medical and industrial owner-occupants.

In the Northwest submarket, Idaho Central Credit Union acquired a former Bank of America branch located at 12132 N. Rancho Vistoso Boulevard in Oro Valley for $2.3 million ($514.20 PSF). The 4,473-square-foot retail building, constructed in 2004 and situated on 0.86 acres within Safeway Vistoso Plaza, sold at $514.20 per square foot. The property includes 27 parking spaces and three drive-thru lanes and was purchased for owner-occupancy. The seller was Vistoso Plaza II LLC, an affiliate of Brentwood Developments (California) Fund III. CBRE’s David Montijo represented the buyer, while Tyler Griffith of Kidder Mathews handled the listing.

In central Tucson, a medical office condominium at 1601 N. Tucson Boulevard, Suite 18, sold for $390,000 ($144.12 PSF) in an owner-user transaction. The 2,706-square-foot office was originally built in 1953. The buyer, 1601 N Tucson Blvd 18 LLC, acquired the space for owner-occupy under the management of Surekha Bandlamuri, MD. The property features multiple exam rooms, lab space, and recent capital improvements, including a new roof installed in 2025 with a transferable warranty. CBRE’s John Ash and Bruce Suppes represented the buyer, while Chris Tsighis and Veronica Lawson of Coldwell Banker Realty represented the seller, the Michael E. and Eline I. Duperret Family Trust.

In the Northeast submarket, Pimar LLC purchased the Wildcat Heating and Cooling facility at 4699 E. Pima Street for $390,000 ($206.35 PSF). The 1,890-square-foot industrial building, constructed in 1971 and located on 0.24 acres. The buyer had previously occupied the property as a tenant and completed the purchase to owner-occupy the site, which includes office space, a grade-level roll-up door, ten parking spaces, and a fenced yard. CBRE’s David Montijo represented the seller, The Renee Hobeich Revocable Trust, while Kristy Kelley of Bright Properties represented the buyer.

Collectively, the transactions reflect continued confidence among owner-users seeking long-term control of real estate across retail, office, and industrial product types, particularly in established Tucson corridors with strong neighborhood fundamentals.

Source: RED Comps #12235, #12238, and #12242.