Tucson Lease Report: March 16-20, 2026

TUCSON, AZ (March 23, 2026) — Tucson Lease Report activity this week totaled 137,141 square feet in disclosed space, led by 122,591 square feet of industrial, 12,219 square feet of retail, and 2,331 square feet of office. Industrial once again drove the market, with the largest transaction of the week a 64,303-square-foot industrial renewal by Cactus Portable Storage at Palo Verde Industrial. In retail, Ulta Beauty’s 9,937-square-foot renewal at Oracle Wetmore Shopping Center was the largest reported deal, while RSC2, Inc.’s 1,234-square-foot lease at The Smart Building led the office category. One additional retail renewal, Coffee Times, was reported without a disclosed square footage figure.

The following leases were reported to the Real Estate Daily News for the week of March 16-20, 2026.

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