AAED Leadership Retreat Builds Collaboration for a Strong Year Ahead

AAED Leadership
Arizona Association for Economic Development (AAED) Annual Leadership Retreat, in Tucson – June 24–26, 2026

TUCSON, AZ (July 14, 2026) — The Arizona Association for Economic Development (AAED) kicked off its new AAED leadership year with its annual Leadership Retreat, held June 24–26, 2026, at the Omni Tucson National Resort.

The retreat brought together AAED’s Board of Directors, committee chairs and volunteer leaders from across Arizona to strengthen relationships, align priorities and prepare for the year ahead.

The event combined strategic planning with team-building activities, giving participants an opportunity to collaborate and reinforce AAED’s mission of advancing economic development throughout Arizona. Discussions centered on implementing the organization’s newly adopted 2026–2030 Strategic Plan, “Leading With Purpose,” and strengthening coordination among AAED’s statewide volunteer leadership team.

The strategic plan establishes four primary areas of focus: educating economic development professionals, advocating for sound public policy, expanding collaboration across Arizona and sustaining AAED’s organizational capacity.

The plan also calls for stronger professional training, a more visible statewide policy voice and greater participation from Arizona’s urban, rural, tribal and smaller communities. It reflects the increasingly complex responsibilities of economic development professionals, who are now expected to address workforce availability, housing, infrastructure, grant administration, regulatory requirements and project readiness in addition to traditional business attraction and retention.

AAED’s plan recognizes that communities are increasingly competing not only through incentives but also through their ability to provide the workforce, infrastructure, housing and partnerships necessary to support new and expanding businesses.

The retreat also marked the beginning of Pima County Economic Development Director Heath Vescovi-Chiordi’s term as AAED president.

“Hosting the retreat in Southern Arizona highlighted the region’s important role in the state’s economic development efforts while providing a collaborative setting to launch the new leadership year,” Vescovi-Chiordi said.

Vescovi-Chiordi brings more than a decade of economic development experience to the position. In addition to overseeing Pima County’s business attraction, retention and expansion efforts, he teaches economic development and local government administration at the University of Arizona.

He was recognized as AAED’s 2024 Economic Developer of the Year for a large community and has also received the International Economic Development Council’s Future Leader Award.

Joining Vescovi-Chiordi on AAED’s executive committee are

  • President-Elect Kristen Stephenson of the Greater Phoenix Economic Council,
  • Vice President Suzanne Boyles of the City of Buckeye,
  • Secretary-Treasurer Jack Fitchett of the City of Winslow and
  • Immediate Past President Jennifer Lindley of the Town of Queen Creek.
  • Southern Arizona is also represented on the AAED board by Mike Czechowski of the City of Tucson and
  • Carol Stewart of Tech Parks Arizona.

Vescovi-Chiordi thanked AAED staff members Katie Hurst, Juliana Jervis and Madison Leyvas for coordinating the retreat, as well as Laura O’Blenis and Jenna Evans of Stiletto Consulting for their leadership in developing AAED’s new strategic plan.

“Their efforts, combined with the dedication of AAED’s volunteer leaders, have positioned the organization for another successful year of supporting communities, businesses and economic development professionals across Arizona,” Vescovi-Chiordi said.




Tucson Lease Report: July 6–10, 2026

Lease Report

TUCSON, ARIZONA (July 13, 2026) — Thirteen leases totaling 54,421 square feet were reported across the Tucson-area commercial real estate market during the week of July 6–10, 2026.

This week’s Lease Report highlights the key transactions in the market.

Industrial transactions accounted for 47,343 square feet, followed by 4,628 square feet of office space and 2,450 square feet of retail space. Five new leases totaled 32,624 square feet, while eight renewals and renewal expansions accounted for 21,797 square feet. This Lease Report provides a comprehensive overview of the leasing activity.

The following leases were reported to the Real Estate Daily News for the week of July 6–10, 2026.

NEW LEASES
INDUSTRIAL – 2701 E. ELVIRA ROAD, TUCSON, 85756 – CENTRAL AIRPORT SUBMARKET
Diamondback Minerals LLC leased 24,368 square feet of industrial space at Four Walls, 2701 E. Elvira Road in Tucson, from Four Walls Elvira Operating LLC. Paul Hooker, SIOR, principal and industrial specialist with Cushman & Wakefield | PICOR, represented the landlord. Jesse Blum with CBRE in Tucson represented both parties.

INDUSTRIAL – 4001 N. RUNWAY DRIVE, SUITE 135, TUCSON, 85705 – CENTRAL NORTHWEST SUBMARKET
Clear Medical Imaging LLC leased 4,000 square feet of industrial space at Runway Industrial Center, 4001 N. Runway Drive, Suite 135, in Tucson, from Runway Industrial Center LLC. Paul Hooker, SIOR, principal and industrial specialist, and Tara Kernen, broker assistant with Cushman & Wakefield | PICOR, represented the tenant.

RETAIL – 12925–13005 N. ORACLE ROAD, ORO VALLEY, 85739 – NORTHWEST SUBMARKET
Longley Tax & Financial Services leased 2,450 square feet at Rancho Vistoso Center, 12925–13005 N. Oracle Road in Oro Valley. The transaction is the first lease announced by Larsen Baker since its acquisition of the center. The suite was created from a larger, approximately 18,000-square-foot vacancy as part of Larsen Baker’s plan to divide the former big-box space into smaller suites. Approximately 10,000 square feet of the larger space remains available, along with a 918-square-foot retail shop space. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord and handled the transaction.

INDUSTRIAL – 4500 E. SPEEDWAY BLVD., SUITE 45, TUCSON, 85712 – NORTHEAST SUBMARKET
The Blueprint AZ LLC leased 1,200 square feet of industrial space at Midway Business Park, 4500 E. Speedway Blvd., Suite 45, in Tucson, from Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 700 N. COUNTRY CLUB ROAD, SUITE 120, TUCSON, 85716 – CENTRAL SUBMARKET
The Sensory Room and Healing With Intention Therapy LLC leased 606 square feet of office space at 700 N. Country Club Road, Suite 120, in Tucson, from HEWJ LLC. Molly Mary Gilbert, CCIM, office specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS
INDUSTRIAL – 3860 S. PALO VERDE ROAD, SUITES 301–305, TUCSON, 85714 – SOUTH SUBMARKET
Busy Bee Signs LLC renewed its lease for 5,953 square feet of industrial space at Palo Verde Business Center, 3860 S. Palo Verde Road, Suites 301–305, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 1055 N. LA CAÑADA DRIVE, SUITES 123 AND 127, GREEN VALLEY, 85614 – SOUTH SUBMARKET
Orthomed LLC renewed its lease for 3,753 square feet of office space at Green Valley Medical Mall, 1055 N. La Cañada Drive, Suites 123 and 127, in Green Valley. The landlord is MLL Green Valley LLC. Thomas J. Nieman, principal and office specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 2460 W. RUTHRAUFF ROAD, SUITES 190–194, TUCSON, 85705 – CENTRAL SUBMARKET
Diane Carol Williams and Ronald William Williams renewed their lease for 3,300 square feet of industrial space at Ruthrauff Commerce Center, 2460 W. Ruthrauff Road, Suites 190–194, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1665 E. 18TH ST., SUITE 110, TUCSON, 85719 – CENTRAL SUBMARKET
Adobe House Antiques LLC renewed its lease for 3,000 square feet of industrial space at Tucson Tech Park, 1665 E. 18th St., Suite 110, in Tucson. The landlord is SBC Investors LLC. Kameron Norwood, investment sales and leasing specialist, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 3250 S. DODGE BLVD., SUITES 9, 11 AND 12, TUCSON, 85713 – SOUTH SUBMARKET
Vector Fire Technology Inc. renewed its lease for 2,120 square feet of industrial space at South Dodge Business Center, 3250 S. Dodge Blvd., Suites 9, 11 and 12, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 2015 N. FORBES BLVD., SUITE 108, TUCSON, 85745 – WEST SUBMARKET
Reliance Commercial Construction Inc. renewed its lease for 1,962 square feet of industrial space at Broadbent Business Center, 2015 N. Forbes Blvd., Suite 108, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1870 W. PRINCE ROAD, SUITE 29, TUCSON, 85705 – CENTRAL SUBMARKET
All Kind Painting Company, doing business as AKP Services, renewed and expanded its lease to a total of 1,440 square feet of industrial space at Exchange Place, 1870 W. Prince Road, Suite 29, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 2410 W. RUTHRAUFF ROAD, SUITES 110O AND 110P, TUCSON, 85705 – CENTRAL SUBMARKET
Clear Contracting Company renewed its lease for 269 square feet of office space at Ruthrauff Commerce Center, 2410 W. Ruthrauff Road, Suites 110O and 110P, in Tucson. The landlord is Pegasus Tucson Owner LLC. Paul Hooker, SIOR, principal, and Andrew Keim, industrial specialist with Cushman & Wakefield | PICOR, represented the landlord.

To submit a lease for inclusion in the Weekly Lease Report, email the transaction information to [email protected]

 

 




Larsen Baker Reports Nearly 84,000 Square Feet of Lease Renewals and Expansions

Lease Renewals

TUCSON, ARIZONA (July 13, 2026) — Larsen Baker announced 83,920 square feet of lease renewals and expansion activity across its Southern Arizona commercial real estate portfolio, highlighting the importance of Lease Renewals in maintaining tenant relationships.

The transactions include office, medical and retail tenants in Tucson and Sierra Vista, reflecting continued tenant retention across several of the company’s shopping centers and professional office properties.

The reported transactions include:

  • MEB Management renewed 4,813 square feet of office space at 4801 E. Broadway Blvd., Suite 311, in Tucson.
  • Slutes, Sakrison & Rogers renewed 4,751 square feet of office space at 4801 E. Broadway Blvd., Suite 301, in Tucson.
  • Total Quality Logistics renewed 7,432 square feet of office space at 4801 E. Broadway Blvd., Suite 201, in Tucson.
  • Rocks and Ropes renewed 14,957 square feet of retail space at Bear Canyon Shopping Center, 8975 E. Tanque Verde Road, Suite 155, in Tucson.
  • Mattress Firm renewed 4,000 square feet of retail space at Broadway Crossing, 5455 E. Broadway Blvd., in Tucson.
  • Skechers renewed 17,929 square feet of retail space at Circle Plaza, 7166 E. Broadway Blvd., in Tucson.
  • Grant DMSO renewed 3,003 square feet of office space at Wilmot Professional Plaza, 6288 E. Grant Road, in Tucson.
  • Spectrum of Joy renewed and expanded its lease to 4,400 square feet of office space at Wilmot Professional Plaza, 6296 E. Grant Road, Suite 110, in Tucson.
  • Tucson Clinical Research renewed 2,085 square feet of medical space at Wilmot Professional Plaza, 6290 E. Grant Road, in Tucson.
  • Asian Eyebrow Threading renewed 1,600 square feet of retail space at Plaza at Williams Centre, 5420 E. Broadway Blvd., Suite 250, in Tucson.
  • Old Pueblo Vapor renewed 1,800 square feet of retail space at Speedway Craycroft Plaza, 5470 E. Speedway Blvd., Suite A107, in Tucson.
  • Sunny Days renewed 1,100 square feet of retail space at Sol Block, 2605 E. Broadway Blvd., in Tucson.
  • Shoe Show renewed 15,000 square feet of retail space at South Plaza Vista Center, 493 N. Highway 90 Bypass, Suite 120, in Sierra Vista.
  • Water Street Station renewed 1,050 square feet of retail space at 3996 N. First Ave. in Tucson.

Isaac Figueroa, CCIM, SIOR, represented the landlords in all 14 transactions. The property owners are affiliates of Larsen Baker.