Owner-User Buys 83,000-SF Tucson Industrial Facility for $4.5M

Tucson Industrial

TUCSON, ARIZONA (Aug. 19, 2026) — An 82,754-square-foot industrial building at 6270 S. Country Club Road in Tucson sold for $4.5 million in an owner-user transaction.

Country Club Holdings LLC acquired the 3.42-acre property from Westmed Inc. for approximately $54.38 per square foot. The sale closed July 31, 2026.

Built in 1979, the manufacturing and distribution facility includes seven dock-high doors, three grade-level roll-up doors, fenced yard space, heavy power, and clear heights ranging from approximately 12 to 21 feet. The building is fully A/C cooled and equipped with sprinklers. The property also includes additional land.

The buyer plans to occupy approximately half of the building for PMS Suspension and lease the remaining portion, according to information reported to Real Estate Daily News.

Jerry LoCoco with Cushman & Wakefield | PICOR represented the seller in the transaction. Jesse Blum with CBRE represented the buyer.

Cushman & Wakefield | PICOR also had a long history with the property prior to the sale. Steve Cohen and Paul Hooker had handled the building’s leasing assignment for many years, giving the firm longstanding familiarity with the property and the South Tucson industrial submarket.

Located near Country Club Road and Valencia Road, the property is in Tucson’s South industrial submarket with convenient access to Interstate 10, Tucson International Airport and the region’s major employment and distribution corridors.

For more information, LoCoco can be reached at 520.546.2734, and Blum is at 520.321.3335.

Source: RED Comp #12646




CBRE arranges $45.8 million refinancing for Scottsdale Towne Center

Scottsdale Towne Center

SCOTTSDALE, Ariz.  (August 19, 2026) – CBRE has arranged a $45.8 million refinancing for Scottsdale Towne Center, a 168,090-square-foot retail center located at 15444 North Frank Lloyd Wright Blvd. in Scottsdale, Arizona. This is one of the largest retail financings in Scottsdale year-to-date.

Shaun Moothart, Bruce Francis, Doug Birrell, Bob Ybarra and Nick Santangelo with CBRE Capital Markets’ Debt and Structured Finance practice secured a 5-year fixed, full-term interest-only loan on behalf of their client.

“This loan on a shadow-anchored center signals that life company balance sheets have strong conviction in this asset type again, especially in core markets like Scottsdale,” said Moothart, executive vice president at CBRE.

Scottsdale Towne Center is nearly 100% leased. The center is anchored by TJ Maxx, Ross and Mountainside Fitness and shadow-anchored by Target.

The sponsor acquired Scottsdale Towne Center in 2021 and subsequently leased a previously vacant 50,000-sq.-ft. space to Mountainside Fitness’ flagship location, helping increase occupancy to nearly 100% and positioning the asset for refinancing.

The center is located at the southeast corner of Loop 101 and Frank Lloyd Wright Boulevard within Scottsdale Airpark, Arizona’s second-largest employment corridor. According to CBRE Research, North Scottsdale is one of metro Phoenix’s strongest retail submarkets, with rents averaging $30.20 per sq. ft. and vacancies of approximately 4.2%.




TIME Magazine Names The University of Arizona Center for Innovation Among Top Business Incubators  

University of Arizona
UACI Chief Innovation Officer Casey Carrillo and Paramium Technologies CEO Dr. Justin Hyatt

Tucson, Ariz. (August 19, 2026) – The University of Arizona Center for Innovation (UACI) was recognized as one of America’s Best Incubators & Accelerators in 2026, as published by TIME Magazine, securing national recognition for its success in helping entrepreneurs launch and grow innovative science and technology companies. The ranking spotlights the United States’ most effective entrepreneurial programs that deliver the greatest value and measurable outcomes for early-stage companies.

UACI earned the number 56 ranking through a comprehensive evaluation conducted in partnership with the data firm Statista, which included organization submissions, feedback from startup founders and alumni, and assessments from experienced entrepreneurship and innovation professionals.

As part of Tech Parks Arizona, a not-for-profit focused on university-based economic development, UACI serves as a foundational element of a broader strategy to grow local companies, support business retention, and attract new enterprises. UACI’s impact spans more than 20 years, supporting over 1,500 entrepreneurs and 300 startups that have secured upwards of $200 million in capital. From 2021 to 2023, UACI client companies generated $664.8 million in economic impact, highlighting the organization’s significant contribution to Arizona’s economy.

TIME Magazine’s recognition underscores UACI’s proven track record of helping science and technology startups transform innovative ideas into thriving businesses by enabling founders to build and scale companies across industries, including health and life sciences, climate technology, engineering, software, optics, aerospace, and semiconductors.

The incubator’s impact is best illustrated by the progress of companies like Paramium Technologies, a satellite communications startup based on University of Arizona research, which transformed early-stage innovation into a growth-ready enterprise through UACI’s tailored mentorship. After graduating from the incubator, the company expanded into the UA Tech Park to construct its first Magnum antenna, highlighting UACI’s ability to support the company in refining its business model and go-to-market strategy, creating a clear pathway for growth and expansion.

UACI has expanded its impact through a new digital incubation program, increased support for international companies with its award-winning Soft Landings program, and strengthened partnerships that connect entrepreneurs with mentorship, funding sources, and industry expertise.

“TIME Magazine’s distinction is a testament to UACI’s commitment to fostering innovation and supporting the next generation of entrepreneurs,” said UACI Chief Innovation Officer Casey Carrillo. “It reflects not only the success of the startups we serve, but also the strength of our community partners and the collaborative ecosystem we’ve built across Southern Arizona. We remain focused on helping founders navigate the challenges of being market-ready while building companies that positively impact our communities, industries, and economy.”

UACI’s success is fueled by a strong network of partners that have a shared commitment to economic development, including collaborations with Pima County, Startup Tucson, the Town of Oro Valley, the Town of Sahuarita, the City of Sierra Vista, Tucson Electric Power, PICOR, Tetakawi and others, which have created a thriving environment for founders and international companies wanting to expand to the United States. Together, these organizations have built a robust startup pipeline, attracted investment, supported job creation, and elevated Southern Arizona’s reputation as a hub for innovation.

To view the full ranking list, click here: America’s Best Incubators and Accelerators of 2026