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PICOR Connect | Trends in Commercial Real Estate

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Counting our Blessings, the PICOR Way

  
  
  

With many blessings to count, this year and always, we continue a tradition started last Thanksgiving, asking our Cushman & Wakefield | PICOR team members to join us in a moment of gratitude and reflection. In this short slide show, we share with you personal perspectives and photographs from heartfelt to humorous.

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Tucson office market provides unique opportunities going forward: TREND Report

  
  
  
Tucson Office Lease

We’ll start with a short quiz to ask whether you’re seeing some correlation here:

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Tucson's apartment market sees gains in Q3

  
  
  
Multi Family Floor Plan 40548295 resized 600

For the Tucson apartment market, the third quarter of 2014 continued to report historic progress in absorption and vacancy figures.  Tucson's multifamily inventory absorbed 618 units in the third quarter of the year. The vacancy rate dropped 0.8% to a very encouraging 8.2%.  These two indicators continue to improve in the marketplace mainly due to the declining average rent in Tucson. 

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How's your appetite? Food retailers hungry for Tucson retail sites

  
  
  
Dining Table Tucson retail

With an improving national economic and employment picture slowly lifting all boats, the Arizona and Tucson employment rates followed suit; statewide employment was up 2.1% over a year ago. Residential inventory continued to stabilize and median sale prices gained 6.2% over prior year. Shared Services Center’s expansion announcement netting 200 new jobs made a positive statement about Tucson as a location to service western states.

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Industrial Update: Tucson 3Q Absorption Moves 2014 in the Black

  
  
  
Tucson industrial market

With an improving national economic and employment picture slowly lifting all boats, the Arizona and Tucson employment rates followed suit; statewide employment was up 2.1% over a year ago. Residential inventory continued to stabilize and median sale prices gained 6.2% over prior year. Shared Services Center’s expansion announcement netting 200 new jobs made a positive statement about Tucson as a location to service western states.

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Tucson Office Market future looks bright (Debbie Downer has left the building)

  
  
  
Tucson office bright future

With an improving national economic and employment picture lifting all boats, the unemployment rate for Arizona and the Tucson metro area followed suit. Home sales inventory continued to stabilize and median sale prices gained 6.2% over prior year. Shared Services Center’s expansion announcement netting 200 new jobs made a further positive statement about Tucson as a location to service western states.

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The Economy Revs Up: C&W Weekly Economic Update

  
  
  
Market acceleration

The U.S. economy added 248,000 jobs to payrolls in September, marking the seventh time in the past eight months that employment has increased by more than 200,000.

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PICOR Pancakes Benefit Disadvantaged Youth Programs

  
  
  
PCF Pancake Breakfast

On October 12, 2014 Cushman & Wakefield | PICOR will mix, pour, flip and serve as many pancakes as you can eat. The proceeds of this annual fund raising event go directly back into our community. Our goal is to distribute funds collected from generous clients, colleagues, vendors and community friends to those Tucson-area charities benefiting disadvantaged youth where a modest grant will make a significant difference. Often, these are programs and organizations which may receive less public support than their counterparts.

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Tucson’s Investment Grade: Guest Post

  
  
  
Tucson Investment

Let’s take a look at what Tucson features for national investors. Tucson has the large investment properties to offer. The largest transactions in the past decade have generally comprised of apartments, resorts, regional malls, power centers, and student housing projects.

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The Consumer Never Left: CushWake Weekly Economic Update

  
  
  
Retail & Industrial Space

Overall, we remain confident that consumers will continue to increase spending at a healthy clip, which will boost the need for both retail and industrial space int he coming year.

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