Equus Capital Partners sells 1.25 million square foot Shallow Bay Industrial Portfolio to Catalyst Real Estate and Everview Partners
TUCSON, Ariz. (Oct. 8, 2026) — Cushman & Wakefield | PICOR, Southern Arizona’s leading commercial real estate firm, is pleased to announce the sale of a 14-property, 1.25 million square foot industrial portfolio in Tucson for $165,750,000, or approximately $133 per square foot, the largest industrial sale on record in Tucson. The seller was Equus Capital Partners, through Pegasus Tucson Owner LLC. The buyers are Catalyst Real Estate and New York-based Everview Partners.
The sale closed on September 28, 2026. It is the largest commercial real estate sale by square footage in the Tucson MSA since 2007 and the largest industrial sale by price on record in the market…