A clothing boutique that caters to high school and college-aged females has opened near the University of Arizona campus. Brandy Melville, a popular Italian brand with shops around the U.S., opened its doors Saturday at 845 E. University Blvd., in Main Gate Square….
‘Desert Colossus’, Arizona’s Tallest Mural, at the Transamerica Building
Downtown Tucson, known for its vibrant art and culture, continues to grow and evolve. Well-known Tucson muralist, Joe Pagac,…
C&W | PICOR Excels in 2024 CoStar Power Broker Awards
Since CoStar began tracking the Tucson commercial real estate market in 2005, they annually recognize top-performing brokers and firms in…
Broker Buzz: From Chamber of Commerce to CRE, Alex Demeroutis’s Strategic Career Path
Alex Demeroutis, a native Tucsonan, began her commercial real estate journey as a broker assistant to Jesse Blum, partnering with…
Cushman & Wakefield | PICOR’s 2024 Honorees
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….