PICOR Connect | Trends in Commercial Real Estate

We're Thankful to Live, Work and Play in Tucson

Posted on Wed, Nov 23, 2011

Tucson is a glorious place to live, work and play. Like all cities, we have our issues and our detractors, but on the eve of this Thanksgiving holiday, we choose to focus on Tucson's blessings. PICOR grew its business in Tucson and remains locally owned. We are here for the long haul and believe in Tucson's past, present and future. 

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Topics: Tucson, Economic development, Community

The Sun Corridor's Role in Global Cargo Business

Posted on Wed, Nov 16, 2011

With aging U.S. infrastructure and an overburdened interstate system, one Tucson property owner is working on creative solutions to increase cargo business through the Port of Tucson intermodal facility at Century Park Business Center.

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Topics: Tucson, Industrial, Intermodal facilities, Commercial real estate, Economic development, Warehouse, Transportation, Logistics, Manufacturing, Rail

Expanding our Competitive Horizon: TREO Guest Post

Posted on Thu, Nov 10, 2011

To sharpen Tucson’s competitive edge, Tucson Regional Economic Opportunities (TREO) is partnering with other Arizona communities to promote the concept of the “Sun Corridor” to site selectors and C-level business decision makers. The corridor stretches from Yuma to Flagstaff, and both Tucson and Phoenix provide critical assets to TREO’s attraction efforts as well as to the overall promotion to “sell Arizona.”

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Topics: Tucson, Commercial real estate, Economic development, Market trends

FASB Lease Accounting Update: Will Lessors/Landlords be excluded?

Posted on Tue, Nov 01, 2011

Much has been written about the significant joint undertaking by FASB and IFRS to update lease accounting rules in the name of improved transparency. With real estate leases comprising a high percentage of all operating leases, the potential impact for the commercial real estate industry looms large, for landlords, tenants, brokers and property managers alike.

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Topics: Industrial, Lease accounting, Commercial real estate, Leasing, Office, Retail, Medical office, Finance