Reis Provides Tucson & Phoenix Commercial Real Estate Data Analysis
In his quarterly briefing this past month, Dr. Victor Calanog, Reis’s Vice President of Research and Economics, highlighted the drop in Tucson’s Q4 2012 revenue per square foot for office space, a 0.8% decrease from Q4 2011. This compares to a national increase of 2.3% over the same period. During this time, Phoenix experienced a 1.1% increase.