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Home  /  2025  /  Page 3

Tucson’s Q1 Retail Market Report: New Developments, Thrift Sector, and Redevelopments Drive Steady Growth

Last updated on May 21st, 2025

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… […]

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Tucson’s Q1 Industrial Market Report: Steady Demand Anchors Market as National Activity Slows

Last updated on May 14th, 2025

Tucson’s industrial market exhibited stability in Q1 2025, with vacancy slightly increasing to 5.7%. This rise is attributed to an uptick in… […]

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Tucson’s Industrial Market: Steady as She Goes While the Nation Hits the Brakes

Last updated on May 7th, 2025

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— […]

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Tucson’s Q1 Office Market Report: Healthcare Demand Continues to Drive Stability

Last updated on April 30th, 2025

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… […]

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Half a Century Strong: 5151 E Broadway Sees Leasing Spike at 50-Year Mark This Year

Last updated on May 6th, 2025

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… […]

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Tucson’s Q1 Multifamily Market Report: Vacancy Rises and Seller Financing Sparks Investor Interest

Last updated on April 16th, 2025

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%. […]

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Cushman & Wakefield | PICOR’s 40th Anniversary Celebrated in BizTucson Magazine

Last updated on April 9th, 2025

Cushman & Wakefield | PICOR, Southern Arizona’s leading commercial real estate firm, is pleased to feature its milestone year in […]

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Cushman & Wakefield | PICOR Marks 40th Anniversary Milestone

Last updated on April 2nd, 2025

  Cushman & Wakefield | PICOR, Tucson’s leading independent commercial real estate brokerage and management firm, announces the celebration of […]

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C&W | PICOR Recognized Among Top Brokers in Crexi’s 2025 Platinum Awards

Last updated on March 26th, 2025

Crexi, a leading commercial real estate marketplace, data, and technology platform, has announced seven Cushman & Wakefield | PICOR brokers […]

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UHS Buys Palo Verde Behavioral Health on TMC Campus for $19 Million

Last updated on March 24th, 2025

A significant transaction during Q4 2024 was of Palo Verde Behavioral Health Campus, a 76,770 square-foot (SF) behavioral health hospital […]

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