Deal·Signal: Neutral (weak/10)

Legacy Sells Tucson Office (50K SF) for $8.5M Feb 23

1 sources

2 tier-2

Feb 25

Legacy Property Management sold a 50,000 SF Tucson office building for $8.5M. The buyer was the Special Fund of the Industrial Commission of Arizona.

Key Takeaways

1Legacy Property Management successfully divested a 50,000 square foot office asset in Tucson.
2The buyer in this transaction was the Special Fund of the Industrial Commission of Arizona, acquiring the property for $8.5 million.
3The deal involved representation from major brokerage firms Cushman & Wakefield | PICOR and Jones Lang LaSalle Americas.

CRE Taxonomy

Thememarket_conditions

Property Typesofficeindustrial

Entity Map

Companies

Legacy Property Management

Investors

Special Fund of the Industrial Commission of Arizona

Locations

Tucson

Properties

Tucson office

Coverage Timeline

First CoverageFeb 23, 2026, 3:32 PM

Peak CoverageFeb 24, 2026, 2:15 AM

Steady

Medical OfficeCBD OfficeSector FundamentalsInvestment and Proptech IntegrationDistressed Office InvestmentsClass B OfficeCoworking & FlexProptech

Sources

1 tracked

End of Intelligence Report · 1 Sources Verified