PICOR Connect | Trends in Commercial Real Estate

C&W | PICOR Tucson Retail Specialists Promoted

Posted on Mon, Jan 14, 2019

Cushman & Wakefield | PICOR is pleased to announce Dave Hammack and Aaron LaPrise have achieved shareholder status. The two high-performing commercial real estate brokerage professionals are both Tucson natives active in the International Council of Shopping Centers (ICSC) and join the existing 14 C&W| PICOR principals in January 2019. 

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Topics: Retail, Community, Commercial real estate, Tucson, Leadership

Arizona Native Molly Gilbert Joins C&W | PICOR Office Team

Posted on Fri, Jan 11, 2019

After a 17-year career with the University of Arizona Tech Park, Molly Gilbert joined Cushman & Wakefield | PICOR specializing in the sale and lease of Tucson office properties. While at the Tech Park, she led many initiatives, including Community Engagement efforts, managing community, government, university, and tenant relations. Molly is a co-founder of the Arizona Center for Innovation, one of the oldest business incubation programs in the state. She helped start numerous initiatives designed to bring stakeholders together and promote workforce development including the Arizona Business Incubator Association, Next Steps for Vets, Tucson Innovation Partnership, and Racing the Sun. She has written grants resulting in over $5 million in federal funding. Molly was the project manager for The Bridges and oversaw the construction of infrastructure improvements on the property. She has also worked as a middle school educator, retail store manager, and entrepreneur.

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Topics: Medical office, Leadership, Office, Community, Commercial real estate, Tucson

$72,000 Awarded to Tucson Youth-Serving Charities

Posted on Mon, Dec 17, 2018

With thanks to countless donors, the PICOR Charitable Foundation (“PCF”) awarded a record $72,000 in grants last week. Thanks to generous in-kind community partners and PICOR’s corporate underwriting, 100% of the funds raised were granted to youth-serving programs, and many attendees and applicant agencies received complimentary breakfast tickets from the 24th Annual Pancake Breakfast.

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Topics: Community, Tucson

Accessing Arizona’s Opportunity Zones: Guest Post

Posted on Wed, Sep 05, 2018

A bipartisan measure tucked into the 2017 federal tax law is providing a significant opportunity for investors to reduce their capital gains taxes while spurring economic growth in designated areas of Arizona.

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Topics: Economy, Finance, Distressed assets, Investment property, Tucson, Economic development, Community

Reuter Elected Tucson Metro Chamber Board Chair

Posted on Wed, Jul 18, 2018

The Tucson Metro Chamber announces the election of the 2018-19 board chair, six new board members and the full slate of board members.

The Tucson Metro Chamber board of directors elected Barbi Reuter, president for Cushman & Wakefield | PICOR, as chair of the board for the 2018-2019 term. Reuter has held a seat on the board of directors since 2016 and has volunteered countless hours working with the Chamber on business and community issues. 

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Topics: Community, Economy, Economic development, Tucson, Commercial real estate

INSIDE BASEBALL ON D. C.: TUCSON METRO CHAMBER GUEST POST

Posted on Wed, Apr 05, 2017

Believe it or not, something good may be happening in Washington, D.C. Last week 12 local business executives, Tucson Metro Chamber Vice President of Government Affairs Robert Medler and I visited Arizona's senators and representatives to advocate for our local community. 

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Topics: Community, Construction, Economic development, Economy, Transportation, Investment property

Project Prosperity – Business & Government Working Together to Create Jobs: Guest Post

Posted on Wed, Jan 25, 2017

In a 2014 Tucson Metro Chamber survey of local business executives called the Business Expansion and Retention (BEAR) Report, the Chamber learned that the interface between the City of Tucson and the private sector needed some refinement so it could operate more smoothly and help more job creators open their doors. 

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Topics: Tucson, Community, Economy, Economic development, Investment property

Barbi Reuter Named President of Tucson's Cushman & Wakefield | PICOR

Posted on Tue, Jan 03, 2017

TUCSON, ARIZ.- (Jan. 3, 2016)- On Jan. 1, 2017, Barbi Reuter took over as President of the Tucson-based commercial real estate firm, Cushman & Wakefield | PICOR, where she previously served as the company’s Chief Operating Officer (COO). Founder and managing shareholder Mike Hammond will remain with the company, serving as its CEO and chairman.

“Barbi’s promotion to President is the natural step forward for Cushman & Wakefield | PICOR,” said Mike Hammond. “Barbi’s focus on relationships and client solutions will further the model we established when we began the company in 1985, while also helping us to create new market opportunities, leverage Cushman & Wakefield’s resources for our clients’ benefit, and advance recruiting and employee development.”

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Topics: Tucson, Community, Leadership

PICOR Charitable Foundation & Community Partners Give $50,000 To Tucson Youth-serving Charities

Posted on Tue, Nov 29, 2016

With thanks to countless donors and over 2,000 breakfast attendees, the PICOR Charitable Foundation (“PCF”) awarded $50,000 in grants in November, representing 100% of the proceeds from the 22nd Annual Pancake Breakfast. The Tucson-based firm and its foundation remain humbled to continue making an impact on the region’s youth via this annual event and effort.

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Topics: Tucson, Community

Still Rolling: Tucson Metro Chamber Guest Post

Posted on Thu, Nov 17, 2016

There is a powerful chapter in the bestselling book Good to Great that describes an amazing phenomenon called the flywheel effect.  In the context of the book, the flywheel effect is the relentless and steady achievement of small things that lead to long term achievement of great things.

When you were a kid you might have played with a real flywheel called a gyroscope.  It’s a heavy wheel connected to an axis (axel) and spun like toy top.  Once spinning the gyroscope kept spinning until friction ultimately reduced its RPMs to a point where it lost momentum, began to wobble and ultimately fell over at a dead stop.

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Topics: Tucson, Economy, Economic development, Community