The Tucson retail market experienced a slight uptick in vacancy, reaching 5.8% in Q4 due to the closure of Big Lots and 99 Cent Only stores. Class A properties continue to command historically high lease rates, with rents in the mid $40.00 per square foot (sf) triple-net (NNN) range common for new construction and projected to rise further in the coming year….
To read the full report on Tucson’s retail activity in Q3, click here. The Tucson retail market remained stable in…
Big Lots, a prominent discount retailer for furniture and home décor, is facing significant financial hurdles that have led to…
To read the full report on Tucson’s retail activity in Q1, click here. In Q1 2024, the Tucson retail market…
To read the full report on Tucson’s Retail activity in Q4, click here. The Tucson retail market in Q4 continued…
Retailers no longer perceive a divide between online and in-person merchandising. They are combining both models for a customer-centric strategy….
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