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……
Cushman & Wakefield | PICOR closed the sale of Glenn East Apartments at 2333 E. Glenn St. for $4,425,000—above…
Tucson’s apartment vacancy rate held steady at 8.4% in Q4 2024, exceeding the previous year’s average of 6.54%. The Northeast submarket maintained the lowest vacancy at 6.34%, while Tucson Mountain Foothills reached 10.18%….
Cushman & Wakefield | PICOR’s top sale of the week was the former BevMo property at 4646 N. Oracle…
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….
In Q4 2024, Tucson’s office market showed stability, maintaining a 10.2% vacancy rate….
To read the full report on Tucson’s industrial activity in Q3, click here. Tucson’s industrial market remained tight…
Recently, Cushman & Wakefield | PICOR facilitated the sale of Sunnyslope Apartments in Oro Valley. The transaction was managed by…
The top sale last week at Cushman & Wakefield | PICOR was of a 40,078 square foot multi-tenant investment industrial…
Elm Street, LLC, a prominent investor in Tucson’s Gem Show, has recently purchased several properties to create a large…
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