Improvement in the Tucson office market's performance continued into Q2 2018. Positive year-to-date absorption of 146,400 square feet (sf) improved the overall market vacancy a full 50 basis points to 8.4% from last quarter’s 8.9%. Vacancy reached its lowest mark since Q3 2008.
Read MoreTopics: Tucson, Economy, Commercial real estate, Absorption, Lease rates, Leasing, Office, Medical office
| The Tucson Metro Chamber announces the election of the 2018-19 board chair, six new board members and the full slate of board members. The Tucson Metro Chamber board of directors elected Barbi Reuter, president for Cushman & Wakefield | PICOR, as chair of the board for the 2018-2019 term. Reuter has held a seat on the board of directors since 2016 and has volunteered countless hours working with the Chamber on business and community issues. |
Topics: Tucson, Economy, Commercial real estate, Economic development, Community
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