Tucson Lease Report, September 2-5, 2025

Tucson Lease Report

TUCSON, AZ (September 8, 2025) — A total of 63,726 square feet of lease activity was reported in Southern Arizona for the week of September 2–5, 2025. The most significant trend this week was in the industrial sector: all 34,989 square feet of industrial activity came from renewals, with no new industrial leases reported. This highlights the stability of existing occupancies but shows no fresh absorption in the industrial sector.

By comparison, retail led new leasing activity with 12,642 square feet across several tenants, including Stacks Book Club, Back Nine, Angie’s Prime Grill, and Chill N Ice Cream. Office accounted for 4,475 square feet of new leases, balanced by a major renewal at Ina Corporate Center. The medical sector recorded one new lease totaling 1,988 square feet.

This week’s leasing activity underscores a stable industrial market driven by tenant retention, while new demand is showing up more strongly in retail and office.

Total Lease Activity New and Renewals:

  • Industrial: 34,989 square feet
  • Office: 11,166 square feet
  • Retail: 15,583 square feet
  • Medical: 1,988 square feet

Grand Total: 63,726 square feet

The following leases were reported to the Real Estate Daily News for the week of September 2–5, 2025:

RETAIL, 2920 E. BROADWAY BLVD., TUCSON, AZ 85716, CENTRAL SUBMARKET
Stacks Book Club, LLC leased 4,000 square feet of retail space at BV Shoppes from Palms Park LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, and Heather Baron with M.A.S. Real Estate Services, Inc., represented the landlord. Dave Carroll, with Paul Ash Commercial Real Estate, represented the tenant.

OFFICE, 3430 E. SUNRISE DR., SUITE 220, TUCSON, AZ 85718, NW SUBMARKET
Allworth Financial, LP, leased 3,550 square feet of office space at Foothills Corporate Center from Foothills Corporate, LLC. Thomas J. Nieman, Principal, and Bobby Verenna, Office Specialists with Cushman & Wakefield | PICOR, along with Kris Kalmbach with Cushman & Wakefield US, represented the tenant. David Volk with Volk Company represented the landlord.

RETAIL, 3805 E. RIVER RD., SUITE 151, TUCSON, AZ 85718, NW SUBMARKET
Old Pueblo Golf, LLC dba Back Nine leased 2,400 square feet of retail space at The Shoppes at Orange Grove for an indoor golf simulator lounge. Isaac Figueroa, CCIM, SIOR with Larsen Baker represented the landlord. David Jimenez with Morrow Hill represented the tenant.

RETAIL, 1050 E. TUCSON MARKETPLACE BLVD., TUCSON, AZ 85713, SOUTH SUBMARKET
Angie’s Prime Grill leased 2,217 square feet at Tucson Marketplace in the former Arby’s location. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant.

MEDICAL, 2625 N. CRAYCROFT RD., SUITE 215, TUCSON, AZ 85712, NE SUBMARKET
Arizona Foundation for Cancer leased 1,988 square feet of medical office space from TMC Holdings, Inc. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL, 3684 W. ORANGE GROVE RD., SUITE 168, MARANA, AZ 85741, NW SUBMARKET
Sonoran Synergies, Inc., dba Minuteman Press, leased 1,505 square feet of retail space at Marana Mercado. Isaac Figueroa, CCIM, SIOR, and Michelle Ward with Larsen Baker represented the landlord. The center is now fully leased.

RETAIL, 5470 E. SPEEDWAY BLVD., SUITE 108A, TUCSON, AZ 85712, NE MIDTOWN SUBMARKET
Evil Face Entertainment, LLC, leased 1,320 square feet of retail space at Speedway Craycroft Plaza. Isaac Figueroa, CCIM, SIOR, and Michelle Ward, CCIM, of Larsen Baker represented the landlord. The premises will be used for the sale of specialty-themed Halloween props and goods.

RETAIL, 4776 E. SUNRISE DR., TUCSON, AZ 85718, NE FOOTHILLS SUBMARKET
Chill N Ice Cream leased 1,200 square feet of retail space at Sunrise Village Shopping Center from Sunrise Village Investors, LLC. Natalie Furrier and Dave Hammack of Cushman & Wakefield | PICOR represented the tenant and landlord, respectively. The liquid nitrogen ice cream franchise will open in Winter 2025.

OFFICE, 1661 N. SWAN RD., SUITE 244, TUCSON, AZ 85712, NE MIDTOWN SUBMARKET
Old Pueblo Recovery, LLC and Sol Valley Realty & Property Management, LLC leased 925 square feet of office space at The Smart Building from DHS Property Investments, LLC. Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

INDUSTRIAL, 3925 N. BENAN VENTURE DR., SUITE 101, TUCSON, AZ 85705, CENTRAL SUBMARKET
Lennox Industries Inc. renewed 11,166 square feet at Benan Center with EastGroup Properties, LP. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the landlord. Tim Healy and Jackson Kraft with CBRE, Tucson, represented the tenant.

OFFICE, 3275 W. INA RD., SUITE 240, TUCSON, AZ 85741, NORTHWEST SUBMARKET
Vance, LLC renewed and expanded to 6,691 square feet at Ina Corporate Center with CALDOR Investments of Arizona, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 1660 S. RESEARCH LOOP, SUITES 126 & 130, TUCSON, AZ 85710, EAST SUBMARKET
Anderson Precision Machining LLC renewed 4,260 square feet at Clairemont Plaza with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 245 S. PLUMER AVE., SUITE 33, TUCSON, AZ 85719, CENTRAL SUBMARKET
Pestmaster Services of Tucson renewed 3,600 square feet at Commerce Plaza with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 1665 E. 18TH ST., SUITE 110, TUCSON, AZ 85719, CENTRAL SUBMARKET
Adobe House Antiques, LLC renewed 3,000 square feet at Tucson Tech Park with SBC Investors, LLC. Alex Demeroutis and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL, 3912 N. ORACLE RD., SUITE 104, TUCSON, AZ 85705, CENTRAL SUBMARKET
North Side Brazilian Jiu Jitsu, LLC renewed 2,941 square feet at San Francisco Square with The Machado Family Trust. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 3675 E. 44TH ST., TUCSON, AZ 85713, SOUTH SUBMARKET
RHK Construction LLC renewed 2,533 square feet at South Dodge Business Center with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 3860 S. PALO VERDE RD., SUITE 314, TUCSON, AZ 85714, SOUTH SUBMARKET
Pioneer Equipment, Inc. renewed 2,330 square feet at Palo Verde Business Center with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 4500 E. SPEEDWAY BLVD., SUITE 10, TUCSON, AZ 85712, NE MIDTOWN SUBMARKET
David and Armida Damitz and Dennis Damitz renewed 1,600 square feet at Midway Business Park with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL, 4585 S. PALO VERDE RD., SUITE 415, TUCSON, AZ 85714, SOUTH SUBMARKET
Apex Water and Process, Inc. renewed 1,500 square feet at Butterfield Business Park with Pegasus Tucson Owner LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to REDailyNews@outlook.com

 




Southern Arizona Lease Report: August 18-22, 2025

Lease Report

TUCSON, AZ (August 25, 2025) – This week’s Tucson-area lease activity totaled 106,881 square feet across 24 transactions, plus one industrial land lease renewal and expansion covering 2.19 acres in Marana.

  • Industrial: 48,228 square feet across 8 leases, plus 2.19 acres of land
  • Retail: 36,200 square feet across 8 leases
  • Office: 22,453 square feet across 8 leases

The following leases were reported to the Real Estate Daily News for the week of August 18–22, 2025.

INDUSTRIAL LAND – 6915 N. Camino Martin, Marana, 85658 – Northwest Submarket
Mountainview Tours, Inc. renewed and expanded its lease with Camino Martin II LLC for a total of 2.19 acres of industrial land. Robert C. Glaser, SIOR, CCIM, Principal, Industrial Specialist with Cushman & Wakefield | PICOR, represented the tenant. Dean Cotlow with Cotlow Company represented the landlord.

INDUSTRIAL – 845 E. Ohio St., Suites 101, 103, 105, Tucson, 85714 – South Submarket
Werner Aero, LLC, subleased 30,000 square feet of industrial space from AB46 Investments LLC. Paul Hooker, SIOR, and Robert C. Glaser, SIOR, CCIM, Principals, Industrial Specialists with Cushman & Wakefield | PICOR, represented the sublandlord.

RETAIL – 2520 S. Harrison Rd., Tucson, 85748 – East Submarket
Spirit Halloween Superstores, LLC leased 26,500 square feet of retail space from Harrison 135th St., LLC. Natalie Furrier and Greg Furrier, with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 633 W. 1st St., Casa Grande, 85122 – Pinal County Submarket
Terracon Consultants, Inc. leased 5,000 square feet of industrial space from S&S CG Investments, LLC. Rob Tomlinson, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Toby Campbell with Commercial Properties Inc. represented the landlord.

OFFICE – 6740 S. Santa Clara Ave., Tucson, 85756 – Central Submarket
Morrison 900 LLC leased 4,158 square feet of space from the United Methodist Church. Denisse Angulo-Badilla, Commercial Specialist with Cushman & Wakefield | PICOR, and Kim Soulé with Colliers International AZ, handled the transaction.

RETAIL – Old Pueblo Plaza, 4140–4060 W. Ina Rd., Marana, 85741 – Northwest Submarket
E-ZGo Golf Carts leased 2,640 square feet. David Carroll of Paul Ash Commercial Real Estate represented the landlord.

RETAIL – 2121 N. Craycroft Rd., Building 4, Tucson, 85712 – Northeast Submarket
Starbucks Corporation leased 2,262 square feet of build-to-suit retail space within the Pima Medical Campus. Greg Furrier and Natalie Furrier of Cushman & Wakefield | PICOR represented the tenant. The landlord is Meridian Development Group LLC.

RETAIL – Tanque Verde Shopping Center, 7039 E. Tanque Verde Rd., Tucson, 85715 – Northeast Submarket
Alloy Personal Training leased 2,147 square feet from Sabino-Verde, LLC. Aaron LaPrise, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Andreas Castillo with VOLK Company represented the landlord.

OFFICE – 1650 E. River Rd., Suite 203, Tucson, 85718 – Foothills Northeast Submarket
Avanzar Wellness leased 1,393 square feet from Mesquite Properties LLC. CBRE’s David Montijo represented the landlord. Cushman & Wakefield | PICOR represented the tenant.

OFFICE – Pusch Ridge Centre, 10371 N. Oracle Rd., Suite 103, Oro Valley, 85737 – Northwest Submarket
Floor-Care, LLC leased 1,256 square feet from The Lake Investment Group, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – Gold Canyon Plaza, NEC Ina & Thornydale, Tucson, 85741 – Northwest Submarket
Cash Time Title Loans, Inc. leased 1,200 square feet from RMAFII LOC, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the tenant. Jesse Peron with CBRE, Tucson, represented the landlord.

RETAIL – Northwest Design Center, NWC Orange Grove Rd. & Thornydale Rd., Tucson, 85741 – Northwest Submarket
It’s Fade O Clock Somewhere leased 1,200 square feet for a barbershop. Isaac Figueroa, CCIM, SIOR, with Larsen Baker represented the landlord.

INDUSTRIAL – Town Central Business Park, 5005 E. 29th St., Tucson, 85711 – East Submarket
Distribution Management Corporation, Inc. leased 1,000 square feet from Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – El Campo Center, 3000 E. 22nd St., Suite 111, Tucson, 85713 – South Submarket
Perfect Eyebrow Threading, LLC leased 951 square feet. Craig Finfrock of Commercial Retail Advisors, LLC, represented the landlord, El Campo Center, LLC. The tenant represented itself.

OFFICE – Giaconda East & West, 231 W. Giaconda Way, Suite 132, Tucson, 85704 – Northwest Submarket
Tom James Company leased 460 square feet from Giaconda 205 Partners, LLC. Thomas J. Nieman, Principal, Office Specialist with Cushman & Wakefield | PICOR, represented the landlord.

RENEWALS

OFFICE – Courtyard Center, 6400 E. Grant Rd., 3rd Floor, Tucson, 85715 – East Submarket
Broadpath, LLC renewed its lease with La Mirada, LLC for 15,259 square feet of office space. Richard M. Kleiner, MBA, Principal, and Alexis Corona, Office Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – 1870 W. Prince Rd., Tucson, 85705 – Central Submarket
IFS Flooring renewed its 7,163-square-foot lease. CBRE’s Jackson Kraft, Chris Stelling, and Ryan Irvine represented the tenant. Andrew Keim of Cushman & Wakefield | PICOR represented the landlord.

OFFICE – 174 S. Coronado Dr., Sierra Vista, 85635 – Cochise County Submarket
Unified Women’s Healthcare renewed its 2,814-square-foot lease with Harter Holdings. CBRE’s David Montijo represented the tenant, while Nathan Harter represented the landlord.

OFFICE – St. Mary’s Hospital, 395 N. Silverbell Rd., Suite 301, Tucson, 85745 – West Submarket
Hangar Prosthetics & Orthotics West, Inc. renewed its 2,644-square-foot lease with GMR Tucson Silverbell, LLC. Molly Mary Gilbert, CCIM, Office Specialist with Cushman & Wakefield | PICOR, and Daniel Rasmussen with Cushman & Wakefield, Washington, DC, represented the tenant.

INDUSTRIAL – Palo Verde Business Center, 3820 S. Palo Verde Rd., Suite 113, Tucson, 85714 – South Submarket
Serrato Corporation renewed its 1,725-square-foot lease with Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

RETAIL – Ventana Village Shopping Center, SWC Sunrise Dr. & Kolb Rd., Tucson, 85750 – Northeast Foothills Submarket
Inca’s Peruvian Cuisine renewed its 1,200 square foot lease with EREP Ventana II, LLC. Dave Hammack, Principal, Retail Specialist with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – Exchange Place, 1870 W. Prince Rd., Suite 61, Tucson, 85705 – Central Submarket
C12 Advanced Technologies, LLC renewed its 1,200-square-foot lease with Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

INDUSTRIAL – Town Central Business Park, 4919 E. 29th St., Tucson, 85711 – East Submarket
Freedom Park Martial Arts Academy LLC renewed its 1,200-square-foot lease with Pegasus Tucson Owner, LLC. Paul Hooker, SIOR, Principal, and Andrew Keim, Industrial Specialists with Cushman & Wakefield | PICOR, represented the landlord.

Submit sales and leases to REDailyNews@outlook.com

 




Larsen Baker Announces 36,026 Square Feet of Tucson Lease Renewals

Tucson lease renewals

Tucson, AZ  (August 25, 2025) – Larsen Baker is pleased to announce a total of 36,026 square feet of Tucson lease renewals across its portfolio. The following tenants have recommitted to their locations:

  • Danswest Dance & Dancewear – 6,875 square feet of retail space at 5633 E. Speedway Boulevard, Tucson, AZ

  • First Watch – 4,127 square feet of retail space at Suites 102/106, 5350 E. Broadway Boulevard, Tucson, AZ

  • Dave’s Custom Upholstery – 3,000 square feet of medical space at 150 S. Camino Seco, Suites 119A, 119B, 214, Tucson, AZ

  • Fast Signs – 2,400 square feet of retail space at 3988 N. Oracle Road, Tucson, AZ

  • Exhaust Works – 2,400 square feet of retail space at Suite 110, 5290–5294 N. Casa Grande Highway, Tucson, AZ

  • Hot Rods & Classics of Tucson – 2,400 square feet of retail space at Suite 134, 5290–5294 N. Casa Grande Highway, Tucson, AZ

  • Fortress Financial – 1,953 square feet of office space at Suite 211, 4640 E. Sunrise Drive, Tucson, AZ

  • Dream Dinners – 1,794 square feet of retail space at 3682 W. Orange Grove Road, Tucson, AZ

  • Domino’s – 1,700 square feet of retail space at 3040 W. Valencia Road, Tucson, AZ

  • Sparkle Cleaners dba Shaffer Dry Cleaning – 1,601 square feet of retail space at 4777 E. Sunrise Drive, Suite 109, Tucson, AZ

  • Kung Fu Foot Massage – 1,500 square feet of retail space at Suite 130, 7930 E. Speedway Boulevard, Tucson, AZ

  • Southern Arizona Watercolor Guild – 1,316 square feet of retail space at Suite 240, 5350 E. Broadway Boulevard, Tucson, AZ

  • Harlow Taxidermy – 1,200 square feet of retail space at Suite 101, 460 W. Roger Road, Tucson, AZ

  • Vital Forge – 1,800 square feet of retail space at 2325 E. Fry Boulevard, Sierra Vista, AZ

  • DTE Fire Protection – 1,000 square feet of medical space at 140 S. Camino Seco Boulevard, Suite 413, Tucson, AZ

  • GB Wine Company – 960 square feet of retail space at Suite 134, 5350 E. Broadway Boulevard, Tucson, AZ

Larsen Baker is Southern Arizona’s largest commercial real estate investment and management firm, specializing in retail, office, and industrial properties. With a portfolio of more than three million square feet, the firm is recognized for its long-standing commitment to local tenants and strong community partnerships.