PICOR Connect | Trends in Commercial Real Estate

Demand for Tucson Office Space - Less, Same or More? TREND Report

Posted on Wed, Oct 06, 2021

Not a day goes by that one of our landlord clients, an appraiser, or lender doesn’t ask us what the Tucson office market will look like once we work our way through the ongoing COVID-19 pandemic. We certainly wish we had a crystal ball that could see through this conundrum; however, it just isn’t that easy. The crystal ball, as clouded as it is, probably would not hold a vision of this pandemic ending tomorrow and all office workers returning back to their offices. The likelihood of this happening approaches zero. But, let’s just say it does end tomorrow, what happens to the office space?

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Topics: Tucson, Economy, Market trends, Office