Tucson’s retail sector shows stability, maintaining a 5.3% vacancy rate. National consumer spending grew 3.0% in Q1 2025, with the food, beverage, and entertainment sectors remaining strong. Lease rates continue to rise for premium properties and……
Tucson’s Q1 Industrial Market Report: Steady Demand Anchors Market as National Activity Slows
Published on May 14, 2025
Tucson’s industrial market exhibited stability in Q1 2025, with vacancy slightly increasing to 5.7%. This rise is attributed to an uptick in……
Tucson’s Q1 Office Market Report: Healthcare Demand Continues to Drive Stability
Published on April 30, 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……
Tucson’s Q1 Multifamily Market Report: Vacancy Rises and Seller Financing Sparks Investor Interest
Published on April 16, 2025
Tucson’s multifamily market slowed incrementally in Q1 2025, with the average vacancy rate rising to 8.81%, up 0.58% from a year ago. Average sale prices reached $164,338 per unit and $189.09 per sqft, reflecting YOY increases of 91.74% and 83.66%….
Tucson’s Q4 Office Market Report: Stability & Continued Medical Sector Growth
Published on January 29, 2025
In Q4 2024, Tucson’s office market showed stability, maintaining a 10.2% vacancy rate….
Tucson’s Q3 Retail Market Report: Stability Despite Store Closures
Published on December 11, 2024
To read the full report on Tucson’s retail activity in Q3, click here. The Tucson retail market remained stable in…
Tucson’s Q3 Industrial Market Report: Insights on Construction and Economic Trends
Published on November 27, 2024
To read the full report on Tucson’s industrial activity in Q3, click here. Tucson’s industrial market remained tight…
Tucson’s Q3 Office Market Report: Medical Sector Dominates with a Bright Lending Outlook
Published on November 13, 2024
To read the full report on Tucson’s office activity in Q3, click here. In Q3 2024, Tucson’s office market…
Tucson’s Q2 Retail Market: Repurposing Inventory to Meet Modern Demands
Published on July 26, 2024
During Q2 2024, the Tucson retail market maintained stability with a 5.7% vacancy rate and positive absorption of 52,500 square feet (sf) over the past 12 months…
Tucson’s Q2 Industrial Market: Rising Vacancies & Sustained Demand
Published on July 18, 2024
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….
