PICOR Connect | Trends in Commercial Real Estate

Gears Turning in Tucson Industrial Market

Posted on Wed, May 06, 2015

As we entered the second quarter of 2015, key drivers for the Tucson industrial market included logistics and call centers, with the mining industry preparing for the next wave.
 
Tucson’s unemployment rate dropped 0.3 percentage point to 5.6% in February, considered close to full employment. That being said, the slow pace of job growth remained of primary concern and impeded stronger market progress.

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Topics: Tucson, Industrial, Land, Commercial real estate, Investment property, Warehouse, Construction