LevRose Commercial Real Estate welcomes multifamily broker Eric Hegarty as Senior VP

SCOTTSDALE, Ariz. (June 24, 2026) – LevRose Commercial Real Estate is proud to announce that Eric Hegarty has joined the firm as Senior Vice President, specializing in multifamily investment sales across the Metro Phoenix market.

Hegarty brings more than 12 years of dedicated multifamily experience, having worked across a wide range of property sizes and market cycles. His expertise spans key submarkets including Phoenix, Tempe, Chandler, Scottsdale, and Mesa, where he is known for delivering informed, results-driven guidance to apartment owners and investors.

“Eric’s depth of experience and client-first mindset make him a perfect fit for LevRose,” said Mike Baumgardner, President of LevRose Commercial Real Estate. “He has a proven track record of helping clients navigate complex market conditions and achieve strong outcomes. We’re excited to welcome him to the team and expand our multifamily platform with his leadership.”

Hegarty’s approach is centered on empowering clients with the insights needed to make confident, strategic decisions. He has built a reputation as a trusted advisor by combining analytical expertise with a hands-on understanding of the local market.

Prior to his career in commercial real estate, Hegarty worked as a club golf professional and in the insurance and financial services industries, experience that continues to inform his strategic thinking and risk-management perspective.

“I enjoy helping investors and apartment owners make informed decisions that lead to prosperous outcomes,” Hegarty said. “Joining LevRose provides an incredible opportunity to collaborate with a respected platform and deliver even greater value to clients across the Valley.”

Outside of the office, Hegarty enjoys spending time with his wife, Susan, and daughters, Grace and Ana. An avid outdoorsman, he can often be found playing golf, surfing, or fly fishing.

Real Estate Daily News Commercial Lease Report: June 15–19, 2026

(June 22, 2026) — Leases reported to Real Estate Daily News for June 15–19, 2026, included transactions in the Tucson market as well as leases handled by Tucson commercial real estate brokers in Phoenix, Chandler, and Nogales, Sonora, Mexico.

The week’s reported activity totaled 75,411 square feet in new leases, expansions, subleases and renewals, plus a 3.41-acre industrial land renewal in Nogales. New leases, expansions and subleases accounted for 66,012 square feet, while renewals totaled 9,399 square feet.

Out-of-region transactions included a 16,922-square-foot retail sublease in Chandler handled by Denisse Angulo-Badilla of Cushman & Wakefield | PICOR; a 3,979-square-foot office renewal in Phoenix handled by Bruce Suppes of CBRE; and a 3.41-acre industrial land renewal in Nogales, Sonora, Mexico, handled by Denisse Angulo-Badilla of Cushman & Wakefield | PICOR and Bob Tardy with Cushman & Wakefield.

NEW LEASES / EXPANSIONS / SUBLEASES

INDUSTRIAL – 6223 S. PALO VERDE ROAD, TUCSON, AZ 85706 – SOUTH SUBMARKET
Midstate Mechanical, LLC expanded its Tucson office by leasing 31,405 square feet of industrial space at 6223 S. Palo Verde Road, Suite 101, in Tucson from 6221 & 6223 S. Palo Verde Road, Tucson, LLC. Stephen D. Cohen, Principal and Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Kyle McGinley and Payton Kruidenier with Ross Brown Partners, Inc., and Darrick G. Klamut with Rolls Realty Commercial represented the tenant.

RETAIL – 1 W. CHANDLER BOULEVARD, CHANDLER, AZ 85225 – CHANDLER
Sonoran Restaurant Concepts, LLC sublet 16,922 square feet of retail space at 1 W. Chandler Blvd. in Chandler from Padeland Chandler LLC. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, represented the sub-lessor. Luisa F. Acevedo with Keller Williams Integrity First Realty represented the sub-lessee.

RETAIL – 2911 E. GRANT ROAD, TUCSON, AZ 85716 – CENTRAL SUBMARKET
Mobility Plus leased 4,800 square feet at Sunstate Plaza, 2911 E. Grant Road, in Tucson from BTT Sunstate Plaza LLC. Jesse Peron with CBRE represented the landlord. Andreas Castillo of VOLK Company represented the tenant.

RETAIL – 3630 E. FORT LOWELL ROAD, TUCSON, AZ 85716 – CENTRAL SUBMARKET
Presta Coffee Roasters leased 2,500 square feet at 3630 E. Fort Lowell Road in Tucson from HHC Tucson Real Estate LLC. Shannon Murphy, Kaitlyn Millerd and John Ash with CBRE represented the landlord. Jesse Peron with CBRE represented the tenant.

RETAIL – 7070 N. ORACLE ROAD, TUCSON, AZ 85704 – NORTHWEST SUBMARKET
Frei Remodel & Design LLC and Lindsey the Esthi Beauty Salon leased a combined 1,900 square feet at 7070 N. Oracle Road in Tucson from Arizona Meyer Properties LLC. Bruce Suppes with CBRE represented the landlord. Frei Remodel & Design LLC was self-represented, and Lindsey the Esthi Beauty Salon was represented by Lily Sanchez.

OFFICE – 140 W. DUVAL MINE ROAD, SAHUARITA, AZ 85614 – SOUTH SUBMARKET
Best Life Wellness AZ, LLC leased 1,846 square feet of office space at 140 W. Duval Mine Road, Suite 106, in Sahuarita from Duval Mine Road REI, LLC. Gary Heinfeld, CCIM, with Advisors in Real Estate, Inc., represented the landlord. Bruce Suppes with CBRE represented the tenant.

RETAIL – ORACLE PLAZA SHOPPING CENTER, TUCSON, 85704 – NORTHWEST SUBMARKET
Satrang Arts leased 1,740 square feet at Oracle Plaza Shopping Center in Tucson. Kaitlyn Millerd with CBRE represented the tenant. Natalie Furrier with Cushman & Wakefield | PICOR represented the landlord, Oracle Plaza LLC.

OFFICE – 6296 E. GRANT ROAD, TUCSON, AZ 85712 – NORTHEAST SUBMARKET
Spectrum of Joy, Inc. leased an additional 1,684 square feet of office space at 6296 E. Grant Road, Suite 110, in Wilmot Professional Plaza in Tucson, bringing its total occupancy to 4,400 square feet. Isaac Figueroa, CCIM, SIOR, of Larsen Baker represented the landlord and handled the transaction.

COMMERCIAL – 1687 W. GRANT ROAD, TUCSON, AZ 85745 – WEST SUBMARKET
Birch Enterprises LLC leased 1,375 square feet at 1687 W. Grant Road in Tucson. Jackson Kraft with CBRE represented the tenant. Max Fisher of BRD Realty represented the landlord, Grant Investors LLC.

RETAIL – MOUNTAIN VIEW PLAZA, ORO VALLEY, 85755 – NORTHWEST SUBMARKET
NM Smith Agency LLC leased 1,000 square feet at Mountain View Plaza in Tucson from Mountain Vista Plaza LLC. Bruce Suppes and Jesse Peron with CBRE represented the landlord. Nina Marvcesim represented the tenant.

OFFICE – 2343 E. BROADWAY BOULEVARD, TUCSON, AZ 85719 – CENTRAL SUBMARKET
Movement Mortgage LLC leased 840 square feet at 2343 E. Broadway Blvd. in Tucson. Bruce Suppes with CBRE represented the tenant. Tom Nieman of Cushman & Wakefield | PICOR represented the landlord, Continental Development Company.

RENEWALS

INDUSTRIAL LAND – NOGALES, SONORA, MEXICO – NOGALES
MTD Consumer Products Mexico S. de R.L. de C.V., dba Stanley Black & Decker, renewed its lease with Norah Dabdoub Escobar for 3.41 acres of industrial land in Nogales, Sonora, Mexico. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, and Bob Tardy with Cushman & Wakefield represented the tenant.

OFFICE – 2198 E. CAMELBACK ROAD, PHOENIX, AZ 85016 – PHOENIX
Udall Law Firm LLP renewed its lease for 3,979 square feet at 2198 E. Camelback Road in Phoenix. Bruce Suppes with CBRE represented the tenant. The landlord, Camelback Building LLC, was represented by Mike Evans of Camidor Property Services.

RETAIL – 4386 N. ORACLE ROAD, TUCSON, AZ 85705 – CENTRAL SUBMARKET
Nationwide Vision renewed its lease for 2,484 square feet at Oracle Wetmore Shopping Center, 4386 N. Oracle Road, Suite 100, in Tucson. Aaron LaPrise, Principal and Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord. Sarah Walker with Mohr Partners, Inc., represented the tenant.

OFFICE – 5880 N. LA CHOLLA BOULEVARD, TUCSON, AZ 85741 – NORTHWEST SUBMARKET
Athletico Management, LLC renewed its lease with La Rubia, LLC for 1,736 square feet of office space at La Cholla Medical Park, 5880 N. La Cholla Blvd., Suite 120, in Tucson. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tristan LaBorde with Swearingen Realty Group, LLC, and Dave Carroll and John G. Yarborough with Paul Ash Commercial Real Estate represented the tenant.

RETAIL – 3792 S. 16TH AVENUE, TUCSON, AZ 85713 – SOUTH SUBMARKET
Subway renewed its lease with Blue Hat, LLC for 1,200 square feet of retail space at Santa Cruz Plaza, 3792 S. 16th Ave., Suite 6, in Tucson. Dave Hammack and Aaron LaPrise, Principals and Retail Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected].

Pima County gap funding helps advance nearly 200 affordable housing units

PIMA COUNTY, (June 22, 2026) –– Three affordable housing developments supported by Pima County gap funding have each received allocations of $2.5 million in Low-Income Housing Tax Credits (LIHTC), moving closer to delivering nearly 200 new affordable housing units for local residents.

The Pima County Board of Supervisors approved $500,000 in gap funding for each project, helping developers secure additional financing and compete for the tax credits through the Arizona Department of Housing.

The Stone & Speedway Phase 1 project received $500,000 in County gap funding and is planned as a mixed-income development. The first phase will include 56 housing units (44 affordable), with additional housing planned in a future phase.

El Rincón received $500,000 in County gap funding for a development that will create 67 affordable housing units across two infill sites, including a larger site at 560 W. Davis St. in Barrio Anita and a second site near N. Main Avenue and W. St. Mary’s Road.

Drexel Commons, located at Drexel Road and Bonney Avenue, also received $500,000 in County support. The project will provide 72 affordable rental units.

“Affordable housing projects often face financing gaps that can prevent them from moving forward, even when there is a clear community need,” said Sofia Blue, the affordable housing division manager for Pima County’s Community & Workforce Development Department.  “Pima County’s gap funding helps bridge that final hurdle. It’s one way the County is putting its commitment to expanding affordable housing into action.”

The Board of Supervisors further supported the southside Drexel Commons project by selling the vacant land for the nominal amount of $200 as permitted by state statute.

Multiple County departments work together to further the County’s strategies under the 10-year Regional Housing Strategy and Funding Plan (PDF), including the development of housing affordable to low-income households in Community Revitalization Areas – higher-poverty areas identified in the city and County for housing and non-housing reinvestment to improve opportunity for residents in these neighborhoods. Drexel Commons is the first affordable housing project to be developed in a Pima County Community Revitalization Area.

“Drexel Commons is exactly the type of development envisioned by Pima Prospers and the County’s long-term housing strategy,” said Development Services Director Lauren Ortega. “By bringing new affordable housing to an area identified for urban infill and redevelopment, this project helps make efficient use of existing infrastructure, supports reinvestment in established neighborhoods, and expands housing opportunities for residents. It’s a great example of how thoughtful planning and public-private partnerships can work together to strengthen communities.”

In addition to increasing housing supply, the 10-year plan, approved by the Board in March 2026, addresses housing diversity through County zoning code changes, and housing stability through programs such as Emergency Eviction Legal Services, rental/utility assistance, and home weatherization and repair.

Even before the strategy was formally adopted, the County had begun investing in housing projects aligned with its goals. Since 2022, the Board has approved the investment of $20,984,361 in gap funding for 28 projects after recommendations from the Regional Affordable Housing Commission. Those approvals will preserve or develop a total of 1,857 affordable housing units in Pima County. A list of all the projects is available at pima.gov.

The Board has further strengthened its commitment to these priorities, having approved $250 million for affordable housing and keeping people housed over a 10-year period beginning in Fiscal Year 2026-27.

The commitment supports the Board-approved One Pima Initiative, which identifies stabilizing housing and preventing homelessness as a priority area. The actions also align with the housing pillar of the Board-approved Prosperity Initiative, a regional partnership to reduce generational poverty.