The Metropolitan Pima Alliance (MPA) will be hosting its 8th Annual Common Ground Awards Celebration on October 21st at the Westward Look Resort. In keeping with its mission to further the interests of the real estate and development industry through education, public policy advocacy and networking, the event celebrates positive, collaborative interaction between the public and private sectors. Three hundred community leaders and individuals representing the real estate and building industry are expected to attend this great networking event.
PICOR Connect | Trends in Commercial Real Estate
In a September 12, 2011 special report entitled "The Road Ahead for CRE and the US Banking Sector," Deutsche Bank researchers summarize the size and scope of commercial real estate's finance picture with insights for CMBS investors and others in the industry.
This week Prologis, global leader in warehouse development and ownership, forecasted a 12-18 month ramp up in absorption of warehouse space, largely driven by production and trade increases. We asked how Tucson warehouse space fares in the market place and whether the recovery locally will track the global and U.S. forecasts.
Consistent with what we have seen in Tucson's commercial real estate market, general lease activity in the industrial sector has slowed since the beginning of July. The chart below, compiled by Cushman & Wakefield's research team, shows the direct relationship between these two sectors of commercial real estate: industrial and retail.
Restoring the damage from metal theft is an expensive proposition for property owners and insurers alike. The cost is often a multiple of the price to replace stolen copper wire or metal, because other building and electrical system components are often damaged when the metal is hastily stripped by thieves. Unoccupied properties are prime targets, and with higher vacancy in the market, property owners must be vigilant to protect their equipment.