Tucson Lease Report: June 29 – July 3, 2026

Tucson Lease Report

TUCSON, ARIZONA (July 7, 2026)  — The following commercial Tucson lease report was reported to Real Estate Daily News for the week of June 29 – July 3, 2026. Reported activity totaled 113,248 square feet, led by two large industrial leases: NEFCO Construction Supply LLC’s 24,221-square-foot lease at Drexel Commerce Center and Trane U.S. Inc.’s 28,315-square-foot renewal at Broadbent Interstate Center. Retail activity was also strong, with Teso Life taking the final junior anchor suite at Tucson Place Shopping Center and The Room Store leasing an end cap space at Speedway Square Shopping Center. The week’s activity included 82,432 square feet in new leases and 30,816 square feet in renewals.

NEW LEASES

INDUSTRIAL – 2730 E. Drexel Road, Suite 2110, Tucson, 85706 – CENTRAL SUBMARKET
NEFCO Construction Supply LLC leased 24,221 square feet of industrial space at Drexel Commerce Center from Schnitzer Properties, LLC. Jesse Blum and Alex Demeroutis, former agents of Cushman & Wakefield | PICOR, and Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tim Healy with CBRE, Tucson, represented the tenant.

RETAIL – 605 E. Wetmore Road, Tucson, 85705 – SOUTH SUBMARKET
TESOLife Arrowhead, LLC, dba Teso Life leased the 18,002-square-foot last remaining junior anchor suite at Tucson Place Shopping Center, on the northwest corner of First Avenue and Wetmore Road. Teso Life is an Asian lifestyle retailer selling imported cosmetics, beauty products, snacks, toys, home goods and related products. Isaac Figueroa, CCIM, SIOR with Larsen Baker represented the landlord and Ryan Desmond with Western Retail Advisors represented the tenant.

INDUSTRIAL – 4775 S. Butterfield Drive, Suite 149D, Tucson, 85714 – SOUTH SUBMARKET
MBI Occupational Healthcare Tucson, LLC leased 9,936 square feet of industrial space at Butterfield Technology Center from Butterfield Technology Center, LLC and Foodtown Development Company, LLC. Isaac Figueroa with Larsen Baker, LLC and Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Brandon Clarke with Cresa, Phoenix, represented the tenant.

RETAIL – 5609 E. Speedway Boulevard, Tucson, 85712 – NORTHEAST SUBMARKET
The Room Store, LLC leased the 8,840-square-foot end cap retail suite at Speedway Square Shopping Center. The Room Store is a furniture retailer offering furniture for sale or lease. Isaac Figueroa, CCIM, SIOR of Larsen Baker represented the landlord and handled the transaction.

OFFICE – 800 E. Wetmore Road, Tucson, 85719 – CENTRAL SUBMARKET
Sunset Hospice LLC leased 6,047 square feet. CBRE’s Jeff Casper represented the landlord, Wetmore Tucson LLC. Michael A. Gross of Tucson Realty & Trust Co. represented Sunset Hospice, LLC.

OFFICE/WAREHOUSE – 2028 E. 14th Street, Tucson, 85719 – CENTRAL SUBMARKET
Sunset Interiors leased 3,800 square feet of office/warehouse space from the Rosenthal Trust. Joey Castillo with VOLK Company represented the tenant and Max Fisher with BRD Realty represented the landlord.

OFFICE – 177 N. Church Avenue, Suite 315, Tucson, 85701 – CENTRAL SUBMARKET
NewSun Sonoran Development Services LLC leased 2,824 square feet of office space at The Transamerica Building from TA Building Corporation. Thomas J. Nieman, Principal, and Molly Mary Gilbert, CCIM, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord. Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant.

RETAIL – 140 W. Duval Mine Road, Green Valley, 85614 – SOUTH SUBMARKET
Best Life Wellness AZ LLC leased 1,846 square feet. CBRE’s Bruce Suppes represented the tenant. Gary Heinfeld of Advisors in Real Estate represented the landlord, GV REI LLC and Punjab Green Valley REI LLC.

OFFICE – 6303 E. Tanque Verde Road, Tucson, 85715 – NORTHEAST SUBMARKET
Integrated Axis Technology Group Inc. leased 1,710 square feet. CBRE’s Bruce Suppes represented the tenant. The landlord, Thorinson II LLC, was represented by Alain Hartmann of Hartmann Commercial Real Estate LLC.

OFFICE/WAREHOUSE – 1687 W. Grant Road, Suite 101, Tucson, 85745 – WEST SUBMARKET
Arso Group leased 1,375 square feet of office/warehouse space from Grant Investors LLC. Max Fisher with BRD Realty handled the transaction.

INDUSTRIAL – 1665 E. 18th Street, Suite 203, Tucson, 85719 – CENTRAL SUBMARKET
Tucson Estate Sales and Consignments LLC leased 1,220 square feet of industrial space at Tucson Tech Park from SBC Investors, LLC. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – 8963 E. Tanque Verde Road, Suite 195, Tucson, 85749 – NORTHEAST SUBMARKET
Ying, LLC, dba Ohana Massage leased 1,200 square feet at Bear Canyon Shopping Center, located on the northwest corner of Tanque Verde Road and Catalina Highway. The premises will be used as a massage studio. Isaac Figueroa, CCIM, SIOR with Larsen Baker represented the landlord and handled the transaction.

INDUSTRIAL – 1100 E. Ajo Way, Suite 212, Tucson, 85713 – SOUTH SUBMARKET
Arcos De Oro, LLC leased 811 square feet of industrial space at Ajo/Evans Business Park from FJM Merced Associates, LP. Kameron Norwood, Investment Sales & Leasing Specialist, and Andrew Keim, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord.

OFFICE – 1661 N. Swan Road, Suite 240, Tucson, 85712 – NORTHEAST SUBMARKET
McKenzie Psychology, LLC leased 600 square feet of office space at The Smart Building from DHS Property Investments, Ltd. Partnership. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord. Gary McKenzie represented the tenant.

Total new leases: 82,432 square feet.

RENEWALS

INDUSTRIAL – 2155 & 2165 N. Forbes Boulevard, Suites 104 & 107, Tucson, 85745 – WEST SUBMARKET

Trane U.S. Inc. renewed its lease with Pegasus Tucson Owner, LLC for 28,315 square feet of industrial space at Broadbent Interstate Center. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord. Jesse Blum, former Industrial Specialist with Cushman & Wakefield | PICOR, and Nicole Thomas and Joshua Wyss with Cushman & Wakefield represented the tenant.

OFFICE – 6595 N. Oracle Road, Tucson, 85704 – NORTHWEST SUBMARKET
State Farm Insurance Agency renewed and expanded its lease for 1,578 square feet. CBRE’s Bruce Suppes represented the landlord, Rio Equity Group LLC. Michael Coretz of Commercial Real Estate Group of Tucson LLC represented State Farm Insurance Agency.

INDUSTRIAL – 4555 S. Palo Verde Road, Suite 167, Tucson, 85714 – SOUTH SUBMARKET
KRK Distributors, LLC renewed its lease with Pegasus Tucson Owner LLC for 923 square feet of industrial space at Butterfield Business Park. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Total renewals: 30,816 square feet.

Total reported lease activity: 113,248 square feet.

Submit sales and leases to [email protected]




CRE8 Advisors closes on land deal off Arizona Farms Blvd. for $2.7 Million

Arizona Farms

Phoenix, Arizona (July 7, 2026) – CRE8 Advisors is pleased to announce the successful sale of 18 acres located at the intersection of Arizona Farms Blvd. and Apollo Road in Pinal County, Arizona. The property was sold for $2.7 million, with CRE8 Advisors’ Rommie Mojahed, Kevin Smith, and Lindsey Dulle representing the seller in the transaction.

The seller, Christ the Victor Future Facilities, LLC sold to Apollo 18, LLC and the new buyer plans to develop multifamily residential, industrial, and retail pad opportunities. This is strategically located along Arizona Farms Blvd. and represents the closest commercial development to Hunt Highway and serves as the first major development opportunity eastbound on Arizona Farms Boulevard.

Further enhancing its appeal, the property is located just one mile west of the planned Dobson Tech Park, a transformative project expected to become one of the largest technology campuses in the Phoenix metropolitan area. The development is projected to generate approximately 1,000 construction and related jobs over the next decade, creating significant demand for housing, retail services, and supporting commercial uses throughout the surrounding area.

Kevin Smith stated, “Arizona Farms Blvd is poised to continue to grow as rooftops and tech investment continue to come into the area.  With the Silver Cross development already under construction and momentum at the Dobson Tech Park, we are seeing a bunch of interest along Arizona Farms Blvd.” Partner, Rommie Mojahed also added, “The buyer’s decision to complete this acquisition with an all-cash purchase demonstrates a strong conviction in the long-term potential of the southeast valley market and the future growth of this corridor along Hunt Highway.”

For additional information regarding available land opportunities in the southeast valley or specifically in Pinal County, contact CRE8 Advisors on their website at www.CRE8advisors.com.

 




Phoenix Leases: June 29 – July 3, 2026

Phoenix LeasesPHOENIX, ARIZONA (July 7, 2026) — The following Phoenix leases were reported to Real Estate Daily News for the week of June 29 – July 3, 2026. Reported activity included a 2,777-square-foot lease at Bell Mar Plaza in Surprise and a retail water kiosk lease in Mesa. Rein & Grossoehme Commercial Real Estate represented parties in both transactions.

NEW LEASES

RETAIL – NEC Bell Road & 114th Avenue, Surprise, 85378 – WEST VALLEY
Lightwork Lounge leased 2,777 square feet at Bell Mar Plaza in Surprise. The owner of the center is Rainbow Investments, LLC. Jared Lively of Rein & Grossoehme Commercial Real Estate represented the landlord in the transaction.

RETAIL- 1350 W. University Drive, Mesa, 85201 – EAST VALLEY
Argencia Water leased space for a water kiosk at 1350 W. University Drive in Mesa. The owner of the property is East Garden Grove Center LLC. Nic Chavira of Rein & Grossoehme Commercial Real Estate represented the tenant.

Submit sales and leases to [email protected]