During Q2 2024, Tucson’s industrial vacancy rates rose to 5.6% from a historic low of 1.8% in Q1 2023, driven largely by the completion of four large speculative warehouses….
Tucson’s Industrial Market Insights: Q3 Supply and Demand Trends
Published on October 25, 2023
In the third quarter, the Tucson industrial market maintained a consistent demand-supply dynamic, marked by limited inventory. After experiencing vacancy…
Tucson Industrial Market: A Beacon of Stability Despite Headwinds
Published on July 26, 2023
Tucson’s industrial market defies downturns, showing resilience in Q2 with high demand, rising lease rates, and promising investments….
Tucson’s Industrial Market: Another Historically Low Vacancy Rate and Rising Prices
Published on May 10, 2023
Discover Tucson’s Industrial Market: Record-Low Vacancy Rates, Growth, Supply, and Demand, Construction….
Nearshoring to Mexico: A Reality Check
Published on April 26, 2023
Mexico’s position as a nearshoring destination continues to impact its economy. Challenges in real estate and energy may hinder its sustainability….
From Apartments to Warehouses: C&W | PICOR Wins with The Beverly on Fifth & Palo Verde Industrial
Published on March 1, 2023
Cushman & Wakefield | PICOR’s recent transactions include the sale of The Beverly on Fifth apartments and the lease renewal of industrial space at Palo Verde Industrial….
Tucson Industrial Market Remains Active
Published on December 29, 2022
The top sale and lease this past week at C&W | PICOR was of industrial properties in Tucson….
Demand for Industrial Space Continues to Grow
Published on October 13, 2022
Last week, Cushman & Wakefield | PICOR’s top sale and lease transactions comprised of industrial properties….
Tucson Industrial Insights at Midyear
Published on July 16, 2019
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….
Tucson Industrial Market Review & Outlook
Published on February 12, 2019
Positive momentum continued its five-year trend in Tucson’s industrial market, with Tucson industrial vacancy improving to 5.7%, cut in half from its highest point in recent years. Read more in our year end report and forecast….
