Retail vacancy rose to 6.0% in Q2 2025, up from 5.3%, due to several large-store closures. While elevated, the rate aligns with……
Tucson’s industrial market remained tight in Q2 2025, with vacancy persisting at 5.7%. Most available space was in……
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 office activity in Q1, click here. The vacancy rate in Tucson’s…
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