Hear Rick Kleiner, Tucson office properties specialist, on the KVOI Back to Business Radio Show and Podcast discuss COVID-19’s impact on the Tucson commercial real estate market, including office, medical, industrial, retail and multi-family sectors….
Retailing has always been constantly evolving. The current state of retailing is another evolution and stage of growth that will, inevitably, lead to the next….
Midway through 2019, the Tucson industrial market posted strong occupancy rates, rising rents and record average sale prices. Read more about the economy, market metrics and our team’s forecast for the months ahead….
Cushman & Wakefield | PICOR was again recognized among the Top Leasing and Sales Firms in Tucson commercial real estate by CoStar. C&W | PICOR employed 12 of 21 professionals honored….
Tucson’s office market ended 2018 at 8.4% vacancy, reflecting consistency for three straight quarters. 2018’s positive net absorption of 146,000 sf marked the fifth year in positive territory. Read more about the status of the market in our quarterly report….
Trends in the commercial real estate sector often parallel a community’s economic health, and the Tucson business climate is no exception. Industry metrics like vacancy rates, rent trends, and sale prices can track with business sentiment and performance, providing a helpful barometer of the times….
The Tucson office market achieved the lowest vacancy rate in ten years. Read more in our mid-year 2018 report….
Tucson’s office and medical market performed solidly through Q1 2018, with a slight shift in overall vacancy to 8.9%. Market fundamentals improved. Read more in our quarterly report….
Tucson retail vacancy improved dramatically in the first quarter of 2018, dropping from 6.0% to 5.6%. This may have led to an increase in average asking lease rates over the previous quarter. Read our full quarterly report for details….
Tucson’s retail market continued robust growth with over 262,000 sf of positive net absorption, exceeding the first two quarters combined. Pent-up demand spurred increased Tucson retail space under construction….
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