Cushman & Wakefield | PICOR recently held its Annual Awards event at the Tucson Country Club to highlight and celebrate…
Tucson’s Q4 Multifamily Market Report: Concessions and Tenant Retention
Tucson’s apartment vacancy rate held steady at 8.4% in Q4 2024, exceeding the previous year’s average of 6.54%. The Northeast submarket maintained the lowest vacancy at 6.34%, while Tucson Mountain Foothills reached 10.18%….
Mister Car Wash Expands Near Tucson Mall in $3.25M Deal
Cushman & Wakefield | PICOR’s top sale of the week was the former BevMo property at 4646 N. Oracle…
Tucson’s Q4 Retail Market Report: Experiencing Growth in Spite of Big Box Closures
The Tucson retail market experienced a slight uptick in vacancy, reaching 5.8% in Q4 due to the closure of Big Lots and 99 Cent Only stores. Class A properties continue to command historically high lease rates, with rents in the mid $40.00 per square foot (sf) triple-net (NNN) range common for new construction and projected to rise further in the coming year….
Tucson’s Q4 Industrial Market Report: Speculative Deliveries Reshape Market Dynamics
Tucson’s industrial market remains balanced with stable demand primarily driven by the market’s affordability. The vacancy rate ticked up nominally from 5.2% in Q3 to 5.4%, largely due to new speculative deliveries and the time required to absorb this new product….
Tucson’s Q4 Office Market Report: Stability & Continued Medical Sector Growth
In Q4 2024, Tucson’s office market showed stability, maintaining a 10.2% vacancy rate….
C&W | PICOR’s Joey Martinez Honored as a BizTucson Next Gen Leader
Cushman & Wakefield | PICOR is proud to announce that Joey Martinez, Principal and Multi-family & Investment Sales specialist, has…
C&W | PICOR Expands Client Service with Award of 11-Building Property Management Account
Cushman & Wakefield | PICOR has recently secured a significant contract to manage the portfolio holdings of Vast Real Estate,…
PICOR Charitable Foundation’s 2024 Pancake Breakfast Grant Recipients
As the season of giving comes to a close, we reflect on the impact of community spirit and generosity. The…
Tucson’s Q3 Retail Market Report: Stability Despite Store Closures
To read the full report on Tucson’s retail activity in Q3, click here. The Tucson retail market remained stable in…