In Q3, Tucson’s retail market remained balanced amid cautious optimism, with vacancy rising slightly to 6.0% due to larger store closures. Tucson’s retail sector was defined by……
Tucson’s Q3 Industrial Market Report: Airport Submarket Takes Off with New Development
Tucson’s industrial market remained firm in Q3 2025, though vacancy edged up slightly to 6.6%. Construction activity stayed active with 906,855 square feet (sf) underway, primarily concentrated in the Airport submarket, which continues to lead leasing. Despite new development, demand across……
Tucson’s Q3 Office Market Report: Healthcare Demand and Adaptive Reuse Shape the Quarter
In Q3 2025, Tucson’s office market concluded the quarter with an overall vacancy rate of 10.2%, reflecting stable conditions. Healthcare remained the primary demand driver, with……
Tucson’s Q2 Retail Market Report: Vacancy Rises During Big-Box Closures as Experiential Retailers Drive Activity
Retail vacancy rose to 6.0% in Q2 2025, up from 5.3%, due to several large-store closures. While elevated, the rate aligns with……
Tucson’s Q2 Industrial Market Report: Tight Vacancies, New Construction, & a $3.6B Data Center Make Headlines
Tucson’s industrial market remained tight in Q2 2025, with vacancy persisting at 5.7%. Most available space was in……
Tucson’s Q2 Office Market Report: Medical Demand and Limited Inventory Shape Market Trends
In Q2 2025, Tucson’s office market experienced a modest increase in vacancy, reaching 10.4%. However, occupancy rates remained……
Transformation: The Decline and Rise of the Suburban Shopping Mall
Shopping malls, once the cornerstone of American retail culture, are now providing some of the greatest opportunities……
Tucson’s Q1 Industrial Market Report: Steady Demand Anchors Market as National Activity Slows
Tucson’s industrial market exhibited stability in Q1 2025, with vacancy slightly increasing to 5.7%. This rise is attributed to an uptick in……
Tucson’s Industrial Market: Steady as She Goes While the Nation Hits the Brakes
If you’ve ever watched a seasoned desert hiker pick their way through a rocky wash, you know the trick: keep your eyes up, move with purpose, and don’t panic when the trail gets rough. That’s Tucson’s industrial market in Q1 2025—…
Tucson’s Q1 Office Market Report: Healthcare Demand Continues to Drive Stability
In Q1 2025, Tucson’s office market experienced a slight uptick in vacancy, reaching 10.3%, indicating a modest but persistent upward trend. The availability of space is further influenced by 320,000 sf (square feet) of sublease space, reflecting……














