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Home / PICOR Connect

PICOR Connect | Trends in Commercial Real Estate

$1.95 Million Land Deal at Rita Ranch: A Tribute to Ron Zimmerman’s Legacy

Published on August 21, 2024

Macritchie Group recently acquired 15 acres of industrial land at Rita Ranch Commerce Center for $1.95 million. Jesse Blum and…

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Big Lots, Big Loss – The Downfall of a Discount Retailer

Published on August 14, 2024

Big Lots, a prominent discount retailer for furniture and home décor, is facing significant financial hurdles that have led to…

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Guest Post: This Tucson Man is in the Business of Identifying and Meeting Unmet Needs

Published on August 9, 2024

Guest Post: Ken Cook – Arizona Daily Star I want to tell you about Kameron Norwood because he is a…

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Tucson’s Q2 Multifamily Market: Vacancy Rates, Investment Trends, and Insights

Published on July 31, 2024

Tucson’s apartment vacancy increased to 8.48% in Q2 2024, up 0.25% from Q1 2024….

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Tucson’s Q2 Retail Market: Repurposing Inventory to Meet Modern Demands

Published on July 26, 2024

During Q2 2024, the Tucson retail market maintained stability with a 5.7% vacancy rate and positive absorption of 52,500 square feet (sf) over the past 12 months…

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Tucson’s Q2 Industrial Market: Rising Vacancies & Sustained Demand

Published on July 18, 2024

During Q2 2024, Tucson’s industrial vacancy rates rose to 5.6% from a historic low of 1.8% in Q1 2023, driven largely by the completion of four large speculative warehouses….

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Tucson’s Q2 Office Market: Stability, Medical Demand, and Strategic Conversions

Published on July 10, 2024

The vacancy rate in Tucson’s office market remained relatively stable, with a slight increase to 10.5% during Q2 2024….

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Industrial Trends Strong for Tenant Representation

Published on July 3, 2024

Wow, it’s already mid-summer! Halfway through the year, I think there is a lot of activity in the Tucson market….

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New Tucson Auto Museum Location Acquired for $2.76M

Published on June 26, 2024

  This month, one of the top sales was 4825 N Sabino Canyon Road, which sold for $2,758,000 ($107.42 per…

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Multi-Tenant Warehouse at 2106 N Forbes Blvd Sells for $3.92M

Published on June 19, 2024

The top sale last week at Cushman & Wakefield | PICOR was of a 40,078 square foot multi-tenant investment industrial…

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