Tucson Lease Report April 13-17, 2026

Tucson Lease

TUCSON, AZ (April 20, 2026) — A total of 34,321 square feet of new industrial and office space was reported leased in the Tucson market for the week of April 13–17, 2026, including 31,183 square feet in new leases and 3,138 square feet in renewals. Industrial and flex users led the week with 28,245 square feet of new activity, while office leasing accounted for 2,938 square feet of new deals. The largest industrial lease was Semper Fi Heating and Cooling LLC at 12,083 square feet at Broadbent Business Center, while the top office lease was Lexington DDD Services, LLC at 5,276 square feet at Wilmot Professional Plaza. Renewals were limited to office space this week, led by SGS North America Inc. with 3,138 square feet at North Tucson Business Center.

The following leases were reported to the Real Estate Daily News for the week of April 13–17, 2026.

NEW LEASES

INDUSTRIAL – 2155 N FORBES BLVD., #101, TUCSON, AZ 85745, WEST SUBMARKET
Semper Fi Heating and Cooling LLC leased 12,083 square feet of industrial space at Broadbent Business Center, 2155 N. Forbes Blvd., Suite 101, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 7061 N CAMINO MARTIN, #110, MARANA, AZ 85741, NORTHWEST SUBMARKET
S & K Security Group, LLC leased 7,000 square feet of flex space at Ina-10 Flex Center, 7061 N Camino Martin, Suite 110, in Marana. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord, and Michael represented the tenant.

OFFICE – 6274 E GRANT RD., SUITE B, TUCSON, AZ 85712, NORTHEAST SUBMARKET
Lexington DDD Services, LLC leased 5,276 square feet of office space at Wilmot Professional Plaza, 6274 E Grant Rd., Suite B, in Tucson. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord, and David Walwyn with Commercial Properties, Inc. represented the tenant.

OFFICE/WAREHOUSE – 4100 S FREMONT AVE., #130, TUCSON, AZ 85714, SOUTH SUBMARKET
Davinci Collections LLC leased 2,434 square feet of office/warehouse space from Foothills Business Ventures LLC at 4100 S Fremont Ave., Suite 130, in Tucson. Max Fisher of BRD Realty handled the transaction.

INDUSTRIAL – 150 S CAMINO SECO, #209 & 210, TUCSON, AZ 85710, EAST SUBMARKET
Origin Security leased an additional 2,000 square feet in Suites 209 and 210 at Camino Seco Business Park, 150 S Camino Seco, in Tucson. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord and handled the transaction.

OFFICE/WAREHOUSE – 1687 W GRANT RD., #104, TUCSON, AZ 85745, WEST SUBMARKET
Birch Enterprises LLC leased 1,375 square feet of office/warehouse space from Grant Investors LLC at 1687 W Grant Rd., Suite 104, in Tucson. Jackson Kraft of CBRE represented the tenant, and Max Fisher of BRD Realty represented the landlord.

OFFICE/WAREHOUSE – 7941 E LAKESIDE PKWY., #108, TUCSON, AZ 85730, EAST SUBMARKET
Tucson Kei LLC leased 1,200 square feet of office/warehouse space from Lakeside BP LLC at 7941 E Lakeside Pkwy., Suite 108, in Tucson. Max Fisher of BRD Realty handled the transaction.

OFFICE/WAREHOUSE – 90 W FORT LOWELL RD., TUCSON, AZ 85705, CENTRAL SUBMARKET
Executive Industrial Waste Services LLC leased 1,100 square feet of office/warehouse space at 90 W Fort Lowell Rd. in Tucson from R Legacy Irrevocable Trust. Max Fisher of BRD Realty handled the transaction.

INDUSTRIAL – 4500 E SPEEDWAY BLVD., SUITE 105, TUCSON, AZ 85712, NORTHEAST SUBMARKET
Top Care Air, LLC leased 1,053 square feet of industrial space at Midway Business Park, 4500 E Speedway Blvd., Suite 105, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE/WAREHOUSE – 8049 E LAKESIDE PKWY., TUCSON, AZ 85730, EAST SUBMARKET
LeDonne HVAC leased 1,000 square feet of office/warehouse space at 8049 E Lakeside Pkwy. in Tucson from Lakeside BP LLC. Max Fisher of BRD Realty handled the transaction.

RENEWALS

OFFICE – 3845 N BUSINESS CENTER DR., #115, TUCSON, AZ 85705, CENTRAL SUBMARKET
SGS North America Inc. renewed its lease with Pegasus Tucson Owner LLC for 3,138 square feet of office space at North Tucson Business Center, 3845 N. Business Center Dr., Suite 115, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 4500 E SPEEDWAY BLVD., #18, TUCSON, AZ 85712, NORTHEAST  SUBMARKET
Troubadour Theatre renewed its lease with Pegasus Tucson Owner LLC for 1,600 square feet of industrial space at Midway Business Park, 4500 E Speedway Blvd., Suite 18, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3220 S DODGE BLVD., #6, TUCSON, AZ 85713, SOUTH SUBMARKET
Adchemco Scientific, Inc. renewed its lease with Pegasus Tucson Owner LLC for 1,200 square feet of industrial space at South Dodge Business Center, 3220 S. Dodge Blvd., Suite 6, in Tucson. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to [email protected].




CapRock Lands 597,357-Square-Foot Industrial Lease at West 202 Logistics in Phoenix

West 202 Logistics

PHOENIX, AZ (April 20, 2026) — CapRock Partners has secured a 597,357-square-foot lease across two warehouse buildings at CapRock West 202 Logistics – Phase 2, one of the largest industrial lease announcements reported in metro Phoenix this month. The tenant was identified only as a global advanced energy storage systems manufacturer.

The lease covers Buildings F and G, totaling 301,771 square feet and 295,586 square feet, respectively, and pushes the 3.4 million-square-foot Class A campus to approximately 82% leased, according to CapRock.

Located along the Loop 202 South Mountain Freeway at the intersection of Interstate 10 and Loop 202, CapRock West 202 Logistics spans 183 acres and is positioned as the first large-scale logistics campus along that corridor. CapRock says the project is Phoenix’s largest speculative industrial development.

Phase 2 was completed in December 2025 and includes three warehouse buildings totaling 825,000 square feet on 43 acres in the Southwest Phoenix industrial submarket. The newly leased buildings were designed for large industrial users and include 36-foot clear heights, 47 dock-high doors per building, drive-in ramp access, speculative office suites, full-building HVAC, LED lighting, dock equipment, and high-performance insulation systems.

In announcing the deal, CapRock executives said the lease reflects ongoing demand for large, modern industrial space tied to reshoring, nearshoring, advanced manufacturing, and logistics growth in the Phoenix market. The project’s location allows users to access major regional transportation corridors while avoiding the congestion of the I-10/I-17 interchange, with connectivity to Southern California ports, Tucson, and the Mexican border.

The lease also arrives as Phoenix industrial market fundamentals showed fresh momentum in the first quarter of 2026. CBRE reported that metro Phoenix posted 4.9 million square feet of net absorption in Q1, with just 1.4 million square feet of deliveries, the lowest quarterly delivery volume since Q1 2019. Asking rents rose to $1.06 NNN per square foot, while vacancy declined 80 basis points to 10.2%.

Payson MacWilliam, Don MacWilliam, and Casey Koziol of Colliers represented CapRock in the transaction and continue to lead leasing at the project. Lease terms were not disclosed.




C&W | PICOR Welcomes Newest Industrial Broker, Jerry LoCoco

Jerry LoCoco

TUCSON, AZ (April 20, 2026) — Cushman & Wakefield | PICOR recently welcomed Jerry LoCoco, SIOR, CCIM to its brokerage team as an Industrial Specialist focused on leasing, sales, and land development across the U.S. and Mexico.

LoCoco brings more than a decade of commercial real estate experience, specializing in industrial and land brokerage across Southern Arizona and the border markets of El Paso, Nogales, and Yuma. Most recently, he served as Vice President at a regional commercial real estate firm, where he ranked among its Top 10 Producers in 2025. Throughout his career, LoCoco has held senior roles with other respected CRE firms, building deep market knowledge and strong client relationships.

Before entering brokerage, LoCoco owned and operated LoCoco Pilkington Construction Co. in Yuma, where he developed a range of industrial and commercial projects, including municipal buildings, schools, office space, and aircraft hangars. His background in construction, development, and brokerage provides clients with a comprehensive perspective on site selection, design, and execution, allowing him to facilitate transactions that work for buyers, sellers, tenants, landlords, and developers alike.

Rob Glaser, Principal Industrial Specialist with C&W | PICOR said, “Jerry brings an extensive background in industrial real estate, construction, and development in Tucson, throughout Southern Arizona including El Paso, Yuma, Nogales and Mexico. He has a law degree from University of Arizona. We’re thrilled to welcome him to our team, his reputation for genuine kindness, trust, and lasting client relationships perfectly reflects C&W | PICOR’s values.”

LoCoco earned a Bachelor of Science degree in Housing and Urban Development, Cum Laude, from Arizona State University, and a Juris Doctor with a Tax Law Certificate from the University of Arizona James E. Rogers College of Law.

Outside of the office, he enjoys spending time with his wife and children. In 2026, LoCoco published Gringo Salado, a personal memoir rooted in perseverance, healing, and purpose. He continues to serve his community through St. Giana’s Catholic Church and has a passion for helping the next generations.

Jerry LoCoco can be contacted at: https://www.picor.com/jerry-lococo/ or (520) 546-2734.