PICOR Connect | Trends in Commercial Real Estate

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

Posted on Tue, Oct 28, 2014

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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Topics: Tucson, Industrial, Sonora Mexico, Commercial real estate, Investment property, Market trends, Vacancy, Lease rates, Warehouse, Leasing

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

Posted on Tue, Oct 21, 2014

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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Topics: Tucson, Commercial real estate, Investment property, Absorption, Market trends, Vacancy, Lease rates, Leasing, Office, Medical office

The Economy Revs Up: C&W Weekly Economic Update

Posted on Thu, Oct 09, 2014

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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Topics: Economy, Commercial real estate, Investment property, Finance