Western Retail Advisors Expands into Tucson with Veteran Broker Nancy McClure
WRA has long served the Arizona market through its Phoenix headquarters. The firm offers tenant and landlord representation, restaurant and entertainment leasing, specialty leasing, and investment sales. “Western Retail Advisors is built on firsthand retail experience, local market knowledge and established relationships,” said founding partner Eric Termansen. “Opening a dedicated Tucson office with a proven local leader like Nancy puts that philosophy into action.” McClure said the firm’s reputation for expertise and client service aligns with her own career focus. “I am excited to join the firm and help expand its presence at a time when Southern Arizona is seeing such meaningful growth, strong retail demand and continued opportunity,” she added.
McClure’s career has been closely tied to Tucson’s evolving retail landscape. She has overseen several repositioning projects, including the conversion of a 1.1‑million‑square‑foot core‑plus center into a super‑power center. Her work has helped landlords improve property performance, guided tenants in brand building, and matched buyers and sellers to close transactions. In addition to her brokerage accomplishments, McClure serves on the Tucson Airport Authority, the University of Arizona Eller College of Management National Board of Advisors, and is active in Women Leading Southern Arizona, Charter 100 and other community groups. She has been named an AZ Big Media Most Influential Woman and an Inside Tucson Business Woman of Influence.
The Tucson retail market has shown stability in recent months. A Tucson Retail Market Beat report noted a 5.7% vacancy rate in the second quarter of 2024 and a net absorption of 52,500 square feet over the past year. Forecasts from the same report project retail sales growth of 2.4% for 2025, 3.3% for 2026 and 3.5% for 2027. The firm’s expansion into Tucson is timed to support clients as the market continues to attract new tenants and investors.
WRA’s new office will support the firm’s tenant and landlord representation, restaurant and entertainment leasing, specialty leasing, and investment sales services in Southern Arizona. The firm’s national reach, combined with McClure’s local expertise, positions it to serve both regional and national clients in the area. The opening follows a series of recent deals by WRA, including a lease for Top Fuel Espresso in Mesa and a sale of a commercial property in Scottsdale.
At present, WRA has not announced any immediate transactions in Tucson, but the firm’s presence is expected to increase activity in the region. The company’s website lists its services and client portfolio, and the new office will be located in downtown Tucson, close to major retail corridors. WRA’s expansion reflects a broader trend of retail brokerage firms strengthening local footprints in markets experiencing steady demand.
The current situation is that Western Retail Advisors has established a new office in Tucson, led by Nancy McClure, a veteran broker with deep ties to the city’s retail sector. The firm is positioned to support tenants, landlords, restaurants, entertainment venues, specialty retailers and investors in Southern Arizona. No further developments have been announced, but the firm’s website and public statements indicate that it will continue to pursue opportunities in the region as the retail market remains stable and growth prospects persist.