Transformation: The Decline and Rise of the Suburban Shopping Mall
Shopping malls, once the cornerstone of American retail culture, are now providing some of the greatest opportunities… […]
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Dollar General’s Strong Earnings Highlight Strength in Value Retail
Dollar General’s recent earnings report exceeded expectations, signaling a growing consumer shift toward discount retailers due to economic uncertainty. The […]
$1.85M in Acquisitions Boost Tucson’s Historic 4th Avenue
Historic 4th Avenue has been at the heart of Downtown Tucson’s retail and cultural scene. For over 100 years, 4th […]
Tucson’s Q1 Retail Market Report: New Developments, Thrift Sector, and Redevelopments Drive Steady Growth
Tucson’s retail sector shows stability, maintaining a 5.3% vacancy rate. National consumer spending grew 3.0% in Q1 2025, with the food, beverage, and entertainment sectors remaining strong. Lease rates continue to rise for premium properties and… […]
Tucson’s Q1 Industrial Market Report: Steady Demand Anchors Market as National Activity Slows
Tucson’s industrial market exhibited stability in Q1 2025, with vacancy slightly increasing to 5.7%. This rise is attributed to an uptick in… […]
Tucson’s Industrial Market: Steady as She Goes While the Nation Hits the Brakes
If you’ve ever watched a seasoned desert hiker pick their way through a rocky wash, you know the trick: keep your eyes up, move with purpose, and don’t panic when the trail gets rough. That’s Tucson’s industrial market in Q1 2025— […]
Tucson’s Q1 Office Market Report: Healthcare Demand Continues to Drive Stability
In Q1 2025, Tucson’s office market experienced a slight uptick in vacancy, reaching 10.3%, indicating a modest but persistent upward trend. The availability of space is further influenced by 320,000 sf (square feet) of sublease space, reflecting… […]
Half a Century Strong: 5151 E Broadway Sees Leasing Spike at 50-Year Mark This Year
5151 E. Broadway Tower, Tucson’s largest commercial office building, announces unprecedented activity with an acceleration in new leases of 61,627 SF plus 18,044 SF in renewals. Since the 4th quarter of last year, the uptick in interest spans across multiple categories from… […]
Tucson’s Q1 Multifamily Market Report: Vacancy Rises and Seller Financing Sparks Investor Interest
Tucson’s multifamily market slowed incrementally in Q1 2025, with the average vacancy rate rising to 8.81%, up 0.58% from a year ago. Average sale prices reached $164,338 per unit and $189.09 per sqft, reflecting YOY increases of 91.74% and 83.66%. […]
Cushman & Wakefield | PICOR’s 40th Anniversary Celebrated in BizTucson Magazine
Cushman & Wakefield | PICOR, Southern Arizona’s leading commercial real estate firm, is pleased to feature its milestone year in […]
