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……
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……
In Q2 2025, Tucson’s office market experienced a modest increase in vacancy, reaching 10.4%. However, occupancy rates remained……
Tucson’s industrial market exhibited stability in Q1 2025, with vacancy slightly increasing to 5.7%. This rise is attributed to an uptick in……
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—…
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……
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…
To read the full report on Tucson’s multifamily activity in Q1, click here. Tucson’s apartment vacancy increased to 8.23% in…
To read the full report on Tucson’s Multi-Family activity in Q4, click here. Tucson’s apartment vacancy increased to 8.16% in…
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