Tucson’s apartment vacancy increased to 8.48% in Q2 2024, up 0.25% from Q1 2024….
Tucson’s Q2 Retail Market: Repurposing Inventory to Meet Modern Demands
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…
Tucson’s Q2 Industrial Market: Rising Vacancies & Sustained Demand
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….
Tucson’s Q2 Office Market: Stability, Medical Demand, and Strategic Conversions
The vacancy rate in Tucson’s office market remained relatively stable, with a slight increase to 10.5% during Q2 2024….
Industrial Trends Strong for Tenant Representation
Wow, it’s already mid-summer! Halfway through the year, I think there is a lot of activity in the Tucson market….
New Tucson Auto Museum Location Acquired for $2.76M
This month, one of the top sales was 4825 N Sabino Canyon Road, which sold for $2,758,000 ($107.42 per…
Multi-Tenant Warehouse at 2106 N Forbes Blvd Sells for $3.92M
The top sale last week at Cushman & Wakefield | PICOR was of a 40,078 square foot multi-tenant investment industrial…
Guest Post: 5151 E. Broadway Opens Executive Suites and Unveils New Fitness Facility
Guest Post: Real Estate Daily News 5151 E. Broadway, Tucson’s largest commercial office building, announces Tower 5151 Executive Suites, from one…
Gem Show Investor Completes 11.8-Acre Assembly with Purchase of $1.2M
Elm Street, LLC, a prominent investor in Tucson’s Gem Show, has recently purchased several properties to create a large…
AI’s Role in CRE: Enhancing, Not Replacing, The Human Experience
Everyone’s heard of artificial intelligence – from Apple’s virtual assistant, Siri, to automated customer service at retail stores. Machine…