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PICOR Commercial Real Estate Services

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United States
Tucson, AZ
PICOR Commercial Real Estate Services

Tucson's leading independently owned full-service commercial real estate company

Providing real estate sales, leasing, and property management services for business and investment in Southern Arizona and Sonora, Mexico: Office, retail, industrial, medical, multi-family and land. Founded in 1985, PICOR is locally owned, globally connected as a Cushman & Wakefield Alliance member. Our professionals are devoted to community involvement and economic prosperity for the greater Tucson area.

09/04/2026

5151 E. Broadway was just featured in BizTucson Magazine for Advanced Financial Company’s third expansion at the building since 2022.

The company leased an additional 4,928 SF, bringing its total footprint at 5151 E. Broadway to 13,576 SF. Advanced Financial provides loan servicing and billing solutions for lenders, credit unions and investors nationwide, and the expansion supports continued growth and hiring in Tucson.

“With the University of Arizona, Pima College and other institutions, Tucson has been a fantastic market to recruit top-notch people,” said Advanced Financial CEO Kyle Kolsky.

Mark Isenberger, Property Manager with Cushman & Wakefield | PICOR, represented the landlord, Kent Circle Partner, in the expansion.

Read the full article at the link in the comments.

09/02/2026

Tucson just got something it's never had before: a crisis center built exclusively for kids. 💙

Hour Child Crisis Center officially opened its doors this week, giving children and teens ages 6 to 17 a dedicated space for mental health support, something that's never existed in our community until now. Founded by psychiatric nurse practitioners Tabitha Salzer and Isabella Waszkiewicz, the center fills a gap they witnessed firsthand: families in crisis at 2 a.m. with nowhere to go.

We're proud that our own Kate Zimmerman, Marketing Manager, and Brittney Ruiz, Marketing Assistant, volunteered nearly 40 hours designing a mural to bring warmth to the space, and Mandy Verdugo, Property Manager, played a key role behind the scenes overseeing the building.

Read the full story to see how this center came to life and the small part our team played in it - link to the article is in the comments below 🔽

Isabella Waszkiewicz Tabitha Ann Kate Zimmerman Mandy Verdugo

08/31/2026

Congratulations to Allan Mendelsberg and Joey Martinez on closing last week’s top sale! They represented both parties in the $1.35 million sale of Lester Student Housing, a 6-unit, 22-bed student housing property near the University of Arizona.

🏢 Lester Student Housing
📍 638–642 E. Lester St., Tucson
📐 9,000 SF | 6 Units | 22 Beds
💰 $1,350,000 | $61,364 per bed

08/28/2026

🎉 Big news out of Oro Valley! C&W | PICOR represented Venture West in the $21,250,000 sale of Innovation Park, the 333-acre master-planned business park at Oracle and Tangerine, to Bourn Companies.

Congrats to our team, Principals Rob Glaser CCIM SIOR, Rick Kleiner, MBA, and Greg Furrier, along with Alexis Corona and Natalie Furrier, on getting this one across the finish line!

"This transaction is the quintessential 'Win-Win' for all parties," said Kleiner and Glaser. "We were honored to represent Venture West Group and negotiate the sale of this exceptional property to Bourn Companies."

Read the full press release- linked in the comments below 🔽

Town of Oro Valley - Government Robert Glaser Greg Furrier Natalie Furrier

08/26/2026

Congratulations to Natalie Furrier, Retail Specialist with C&W | PICOR, for speaking at last week's Southern Arizona CCIM Chapter luncheon on the panel "Campus Deals: Behind the Scenes of U of A Real Estate and Development".

Natalie joined a panel alongside Joshua Wright, Chief Facilities and Planning Officer at the University of Arizona, and Alexis Ryland, Executive Director of the Marshall Foundation. The discussion covered both organizations' real estate around campus, their approaches to infill and repurposing existing space, expanding student housing, and what future public-private partnerships could look like in the University District.

As leasing agent for the Marshall Foundation's Main Gate Square, Natalie brought the retail perspective to the discussion, explaining how site and location decisions shape tenant mix and the visitor experience in a campus-adjacent district, and how each deal fits into a longer-term strategy for the district.

Well done, Natalie!

Main Gate Square - University Boulevard The University of Arizona Southern Arizona CCIM Chapter

08/20/2026

Another strong quarter for Tucson retail 🛍️ Here are 5 fast facts from our Q2 2026 Retail MarketBeat Report:

📍Vacancy Rate: Only 5% of Tucson's retail space sits available, as tenant demand keeps occupancy strong

📈 Rent Growth: Rents climbed nearly 6% from last year, even as leasing activity cooled a bit

💸Average Asking Rent: $18.32/SF, with the Foothills and Oro Valley commanding the highest rents in the market

🏋️ Users Driving Demand: fitness, discount, and experience based retailers led leasing, with East Tucson's Park Place seeing the strongest growth

🐟 Development & Investment Activity: Bass Pro Shops opened at Tucson Marketplace, and the Jim Click dealership portfolio sold for $211 million

Full report is linked in the comments below 🔽

08/19/2026

Cushman & Wakefield | PICOR is honored to be recognized by CoStar’s Power Broker Awards for three of the top five industrial leasing transactions in Tucson for Q2 2026. Here are the details:

⚙️ 6223 S. Palo Verde Rd., Suite 101
Tenant: Midstate Mechanical
Size: 31,405 SF
Landlord Rep: Stephen Cohen

📦 3850 E. 44th St., Suite 116
Tenant: Better Box
Size: 20,364 SF
Landlord Rep: Rob Glaser CCIM, SIOR

🔥 Broadbent Business Center: 2155 N. Forbes Blvd., Suite 101
Tenant: Semper Fi Heating & Cooling
Size: 12,083 SF
Landlord Reps: Paul Ho**er, SIOR & Andrew Keim

Congratulations to our industrial team and clients on these transactions!

08/17/2026

Cushman & Wakefield | PICOR is pleased to announce the appointment of Sheila Schmidt as Chief Executive Officer.

Schmidt brings a rare combination of real estate expertise, business strategy, and genuine commitment to clients and community. Since 2019, she has partnered with the C&W | PICOR team on major healthcare developments across Southern Arizona, working with organizations including TMC Health, El Rio Health, Northwest Medical Center, the University of Arizona, and Ventana Medical Systems.

"My vision for the firm is to honor the remarkable legacy it has built while investing in our people, strengthening relationships, and executing a strategic plan that creates opportunities for others to thrive professionally," said Schmidt. "I want every client, colleague, and future team member to experience the difference that strong relationships make."

For over 40 years, C&W | PICOR has set the standard for commercial real estate in Tucson, and this next chapter is about building on that legacy. Schmidt’s appointment reaffirms our commitment to the same relationships, expertise, and level of service our clients have come to expect.

Read the full announcement here: https://www.picor.com/picor-names-sheila-schmidt-as-chief-executive-officer/

08/14/2026

Celebrating 5 Years with Martin Sabori! 🎉

This Sunday marks 5 years for Martin with C&W | PICOR. As a TMC Building Engineer, Martin plays a key role in keeping our properties running safely and efficiently, work that often goes unnoticed but makes a big difference every single day.

His dedication and hands on approach help ensure our tenants and buildings are well taken care of, and that reliability doesn't go unnoticed by the team.

Congratulations on 5 years, Martin, here's to many more!

Tucson Medical Center

08/11/2026

Congratulations to Ryan McGregor, Office Specialist with Cushman & Wakefield | PICOR, on representing the buyer in last week's top sale!

An 8,906 SF office building in Tucson sold for $2.14 million, previously home to Watermark Retirement Communities' corporate office.

📍 2020 W. Rudasill Rd., Tucson, AZ
🏢 8,906 SF Office Building
💰 $2,135,000
🤝 Ryan McGregor - Buyer Rep

Address

5151 E. Broadway, Suite 115
Tucson, AZ
85711

Opening Hours

Monday	8am - 5:30pm
Tuesday	8am - 5:30pm
Wednesday	8am - 5:30pm
Thursday	8am - 5:30pm
Friday	8am - 5:30pm

Telephone

+15207487100

Website

https://linktr.ee/picor, http://www.picor.com/

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