Historic 4th Avenue has been at the heart of Downtown Tucson’s retail and cultural scene. For over 100 years, 4th…
Tucson’s Q1 Retail Market Report: New Developments, Thrift Sector, and Redevelopments Drive Steady Growth
Tucson’s retail sector shows stability, maintaining a 5.3% vacancy rate. National consumer spending grew 3.0% in Q1 2025, with the food, beverage, and entertainment sectors remaining strong. Lease rates continue to rise for premium properties and……
‘Desert Colossus’, Arizona’s Tallest Mural, at the Transamerica Building
Downtown Tucson, known for its vibrant art and culture, continues to grow and evolve. Well-known Tucson muralist, Joe Pagac,…
Tucson’s Q4 Office Market Report: Stability & Continued Medical Sector Growth
In Q4 2024, Tucson’s office market showed stability, maintaining a 10.2% vacancy rate….
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….
Rio Nuevo – Tucson’s Tax Increment Finance District
Rio Nuevo, established in 1999, is a Tax Increment Finance District with a vision to transform downtown into a…