PIMA COUNTY, (June 22, 2026) – American Heritage Railways, the company operating Old Tucson Studios, 201 S. Kinney Road, has indicated that it doesn’t wish to execute the 10-year lease agreement option when the current term ends in April 2027.

County officials have met with representatives of American Heritage Railways and are actively discussing how they can move forward together.

“Both Pima County and American Heritage Railways share a deep and genuine appreciation for Old Tucson, and we remain committed to working collaboratively to determine the best path for its continued success,” County Administrator Jan Lesher wrote in a memo to the Board of Supervisors.

“We’ve met with them and are working to see how we can move forward,” said Diane Frisch, Pima County Attractions & Tourism director. “The bottom line is they love Old Tucson, and we love Old Tucson.”

The Halloween-themed Nightfall event and the holiday Yuletide celebration, both wildly popular, will continue as planned. Old Tucson is currently open, and all tours and other events are continuing as normal. County officials are encouraging visitors and residents to continue exploring all Old Tucson has to offer, from Ghost Tours to Summer Night Markets to studio tours and more.

County staff will continue to focus on the broader public interest in preserving and enhancing Old Tucson.

Old Tucson Studios, located between Saguaro National Park and Tucson Mountain Park, was built in 1939 and has served as the filming location for hundreds of classic western films and TV shows. Film greats such as John Wayne, Clint Eastwood, and many more have worked there. The studio opened its doors as a theme park in 1960 and continues to offer tours, special events, and rides to guests.

TUCSON, ARIZONA (June 19, 2026) — Two Tucson assisted living properties sold on the same day in separate transactions to different buyers for a combined $56,999,900.

Broadway Proper Assisted Living Community, a 232-bed assisted- and independent-living facility at 400 S. Broadway Place, sold for $52 million ($224,137 per unit). The buyer was Tucson PropCo 1 LLC, an affiliate of PropCo Holding LLC of Irvine, California. The seller was Stellar Broadway Proper LLC, c/o Harrison Street Real Estate Capital of Chicago.

Broadway Proper was built in 1998 on 6.5 acres in Tucson’s east submarket. The 389,728-square-foot property includes three three-story buildings with studio, one-bedroom, and two-bedroom units. The community offers assisted living, independent living, and retirement care services, with amenities including dining areas, a fitness room, a clubhouse, outdoor areas, housekeeping, transportation, resident programming, laundry service, an arts and crafts center, a game room, a movie or theater room, a pool, and a Jacuzzi.

Everett Benton represented the seller in the Broadway Proper transaction.

In a separate transaction that also closed May 18, Copper Canyon Assisted Living and Memory Care, a 41-unit licensed assisted living facility at 5901 N. La Cholla Blvd., sold for $4,999,900 ($121,948 per unit). The buyer was Tucson Mountain Holding LLC, c/o Pennant Services of Eagle, Idaho. Andrew Rider is the manager of the buying entity. The seller was 5901 La Cholla LLC of New York.

Copper Canyon was built in 2012 on 3.51 acres in northwest Tucson. The 32,173-square-foot property includes private suites, shared companion suites, semi-private suites, a beauty and barber shop, and a courtyard.

Together, the sales reflect continued investor interest in Tucson’s senior housing and assisted living market, with activity spanning both the east and northwest sides of the metro area.

Sources: RED Comp #12511 and #12507.

PHOENIX, Ariz. (June 18, 2026) – DAUM Commercial Real Estate Services, a leading provider of CRE services including brokerage, national tenant representation, consulting, leasing, sales, and property management, announces that it has directed the $41 million acquisition of approximately 29 acres of land at the Mack Innovation Park, located adjacent to the Deer Valley Airport in Phoenix, Arizona, to United Integrated Services (USA) Corp. (“UIS”).

The buyer is the U.S. subsidiary of a Taiwanese-founded provider of design-build and engineering services to the semiconductor industry that is a key partner of Taiwan Semiconductor Manufacturing Company (TSMC), notes Bob Lundstedt, an Executive Vice President based out of DAUM’s Phoenix office who represented UIS in the purchase alongside DAUM Executive Vice President Skip Corley, Jr. and Senior Vice President Chase Heinemann.

“This land parcel offered UIS the proximity and space for its planned development a 480,000 square-foot facility supporting operations in the region, and just minutes from TSMC’s rapidly growing North Phoenix campus,” explains Lundstedt. “As TSMC continues to announce further expansions of its multi-billion-dollar campus, it is driving demand from suppliers entering the market and attracting a broader ecosystem of manufacturers, contractors, and service providers.”

Based on decades of experience in the Phoenix market and extensive expertise throughout the Deer Valley corridor, Lundstedt has become a trusted advisor to both domestic and international firms evaluating expansion opportunities in the region.

“Many of these companies are entering the U.S. market or expanding their presence here for the first time,” said Lundstedt. “We’re increasingly seeing referrals from advisors and real estate professionals who have strong relationships within the Taiwanese business community but are seeking specialized industrial market expertise. By combining local market knowledge with an understanding of the unique operational requirements of semiconductor suppliers, we’re able to help companies identify the right opportunities and navigate the process with confidence.”

The transaction comes amid sustained strength in the Phoenix industrial market as a whole. According a recent report from DAUM, the region continues to experience strong demand and significant development activity, with Q1 seeing increased absorption and tightening vacancies amidst more than 12 million square feet of industrial space under construction.