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Home / PICOR Connect | Trends in Commercial Real Estate

PICOR Connect | Trends in Commercial Real Estate

Demand for Industrial Space Continues to Grow

Last updated on October 13th 2022

Last week, our top sale and lease transactions comprised of industrial properties. These transactions illustrate the growing economy and the high demand for industrial space. Meanwhile, the vacancy rates are at a record low of 3.2%. Companies are marking Tucson as a desirable location as we see national growth in the manufacturing and logistics industries. 

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