PICOR Connect | Trends in Commercial Real Estate

A Cardinal Tribute to Russ Hall, SIOR GSCS

Posted on Fri, Nov 22, 2019

On Sunday, November 17, 2019, we lost our brother, partner, friend, and teammate Russ Hall. Mercifully, his heart stopped quickly at the end of a day well lived in a place he loved.  Not only was he a giant in the business and a perennial top producer, Russ shared everything he had, and his heart worked overtime every day. Everything has its limits, and Russ gave of himself until it just gave out. We simply weren't ready... Ten days earlier, when we asked our team what they were grateful for, Russ replied with this:

"Am blessed to walk in to an office everyday where you consider all 50 people among your best friends.  Personally so thankful for my faith, survival of my little family, Health and all the wonderful blessings we hopefully never take for granted." 

When we ventured into his office, we found his essence in the objects he kept including notes, photos, and all things faith and St. Louis Cardinals. What jumped out were the Dove chocolate wrapper reading, "Be with people who make you laugh" and his devotional prayer book, which fueled this spiritual man. Russ' trophy shelf was awash with honors. Of note, he was the first recipient of the "Peter H. Douglas Heart and Soul Award" for the person at Cushman & Wakefield | PICOR who embodied that spirit and kept it alive in our culture. 

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Topics: Tucson, Industrial, Commercial real estate, Leadership

Trends and Impact of Tucson Property Operating Costs: TREND Report

Posted on Fri, Nov 01, 2019

Investment property value is a function of net operating income, and controlling expenses is impactful to any investor’s returns.  With a managed portfolio of about three million square feet (sf), Cushman & Wakefield | PICOR tracks operating costs by type of property and over time, identifying trends and opportunities.

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Topics: Tucson, Commercial real estate, Market trends, Property management, Finance