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……
5151 E. Broadway Tower, Tucson’s largest commercial office building, announces unprecedented activity with an acceleration in new leases of 61,627 SF plus 18,044 SF in renewals. Since the 4th quarter of last year, the uptick in interest spans across multiple categories from……
Tucson’s industrial market remains balanced with stable demand primarily driven by the market’s affordability. The vacancy rate ticked up nominally from 5.2% in Q3 to 5.4%, largely due to new speculative deliveries and the time required to absorb this new product….
Commercial Real Estate Services
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