U-Haul Dealer Network Welcomes Aqua Vita

TUCSON, Ariz. (Sept. 8, 2026) — U-Haul Co. of Arizona is pleased to announce that Aqua Vita signed on as a U-Haul® neighborhood dealer to serve the Tucson community.

Aqua Vita at 2801 N. Country Club Road will offer essential services like U-Haul trucks and moving supplies.

Normal business hours are 9 a.m.-7 p.m. Monday-Saturday and 10 a.m.-6 p.m. Sunday. Reserve U-Haul products at this dealer location by calling (520) 477-0929 or visiting https://www.uhaul.com/Locations/Truck-Rentals-near-Tucson-AZ-85716/022677/ today.

Aqua Vita owner Harmeet Singh is proud to team with the industry leader in do-it-yourself moving and self-storage to better meet the demands of Pima County.

U-Haul has teamed with independent dealers to offer rental equipment to do-it-yourself movers since 1945. During these challenging times for small businesses, more than 22,000 dealers across the U.S. and Canada are generating supplemental income through their U-Haul affiliation. When customers rent from a U-Haul dealer, they are directly supporting an independent small business in their community.

Because no financial investment is required to be a dealer, these local affiliates are not U-Haul franchises. They are simply small businesses that have committed a portion of their lot space for U-Haul equipment, and a portion of their time to help meet the mobility needs of their neighbors. Learn more about the dealer program and how to join by visiting uhaul.com/dealer.

The U-Haul 1-Year Storage Price Lock is now available at U-Haul-owned and -operated facilities across the U.S. and Canada. It provides customers with cost certainty while national competitors face scrutiny for predatory pricing tactics involving deceptive introductory rates, frequent price hikes, and hidden fees. U-Haul fixed-rate storage ensures one year with no price increase on your rental unit, and U-Haul never charges admin fees or deposits. New customers renting a self-storage unit and existing customers renting additional units qualify for the 1-Year Price Lock.

Pain Institute of Southern Arizona Building Sells for $5.71 Million

TUCSON, ARIZONA (Sept. 4, 2026) — The Pain Institute of Southern Arizona property at 4881 E. Grant Road has sold for $5.71 million, marking another investment sale in Tucson’s medical office market.

MOB Grant LLC of Southfield, Michigan acquired the approximately 14,771-square-foot two-story office building from Elliott Bay Medical Properties Holdings III LLC of Seattle. The transaction closed August 10, 2026.

The property, located on approximately 0.74 acres near Grant Road and Swan Road, was built in 2008. The sale equates to approximately $386.60 per square foot and traded at a reported 6.83 percent capitalization rate.

The building is occupied by the Pain Institute of Southern Arizona and sits in Tucson’s northeast submarket, an area with a strong concentration of medical users near Tucson Medical Center and other health care providers.

The transaction also represents a quick resale of the property. The building previously sold in April 2025 for $5.5 million, meaning the latest sale reflects a modest increase in value over roughly 16 months.

Christian Whippel is the seller, while Paul A. Stoduski is listed as a member of the purchasing entity, a medical related investment portfolio.

The sale underscores continued investor interest in medical office properties, particularly assets with established health care tenants and locations near major medical corridors.

Phoenix Retail Market Remains Tight Despite Pressure on Smaller Tenants

PHOENIX, AZ (Sept. 4, 2026) — Phoenix continues to rank among the nation’s strongest retail markets in 2026, with robust absorption, sustained rent growth and historically low vacancy, according to Marcus & Millichap’s third-quarter Phoenix Retail Market Report.

The brokerage forecasts 36,000 new jobs for the metro in 2026, representing 1.5 percent year-over-year employment growth. Phoenix had already added about 23,000 jobs through June, ranking fourth among major U.S. markets for net hiring gains. Health care and social assistance accounted for roughly 10,000 of those positions, while professional and business services added about 8,300. The rebound follows net job losses in 2025 and could support consumer spending through year-end.

Retail construction remains elevated, with approximately 2.8 million square feet expected to be added this year, increasing inventory by 1.4 percent. Phoenix is expected to post the second-fastest retail supply growth in the country, behind only Austin. However, nearly 90 percent of the incoming space is already committed, limiting the impact on vacancy. Much of the development is concentrated in outer suburbs, including nearly 1 million square feet at Verrado Marketplace and Buckeye Commons.

Marcus & Millichap expects metro vacancy to finish 2026 at 5.2 percent, up 30 basis points from a year earlier. Even with that increase, vacancy remains well below historical norms. Phoenix recorded about 1.1 million square feet of net absorption during the first half of 2026, the highest level among major U.S. markets. Year-end vacancy is projected to remain roughly 110 basis points below the metro’s 10-year average.

Performance varies significantly by property size. Vacancy at retail properties larger than 20,000 square feet fell approximately 30 basis points year-over-year to about 5 percent in June, while vacancy at smaller buildings rose roughly 60 basis points to nearly 4 percent. Marcus & Millichap attributes the weakness in smaller spaces partly to pressure on thin-margin tenants, particularly restaurants and fast-food operators that are sensitive to shifts in discretionary spending.

Average asking rents are forecast to rise 3.2 percent in 2026 to $20.80 per square foot. By year-end, Phoenix retail rents are expected to stand approximately 30 percent above 2019 levels, compared with a 20 percent increase nationally. Newer retail properties have performed particularly well, with vacancy below 3 percent in post-2000 inventory and small pads leased to national tenants commanding rents near $60 per square foot.

On the investment side, sales activity rebounded during the second quarter following a slower start to the year, led largely by private investors targeting triple-net properties. Deal volume remains below the peaks of 2021 and 2022 but is generally in line with pre-pandemic levels. Marcus & Millichap highlights affluent East Valley and North Phoenix trade areas, newer assets in West Valley growth corridors, Bell Road in Northwest Phoenix and retail near improved Interstate 10 access through Chandler as areas likely to attract continued investor interest.

The overall picture is one of a resilient Phoenix retail market: new supply is being absorbed, rents are rising and vacancy remains historically tight, although smaller shop-space tenants face greater pressure as consumer spending becomes a more important variable through the remainder of 2026.

Read full report here: Phoenix Retail