PICOR Connect | Trends in Commercial Real Estate

Counting our Blessings, the PICOR Way

Posted on Tue, Nov 25, 2014

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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Topics: Tucson, Commercial real estate, Community

Tucson office market provides unique opportunities going forward: TREND Report

Posted on Tue, Nov 18, 2014

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

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Topics: Tucson, Commercial real estate, Office, Investment property, Vacancy, Medical office

Tucson's apartment market sees gains in Q3

Posted on Tue, Nov 11, 2014

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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Topics: Tucson, Commercial real estate, Investment property, Absorption, Market trends, Apartments, Multifamily, Vacancy

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

Posted on Thu, Nov 06, 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, Commercial real estate, Retail, Investment property, Absorption, Vacancy