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Home / Marketbeat

Marketbeat | Trends in Commercial Real Estate

Tucson’s Q3 Office Market Report: Healthcare Demand and Adaptive Reuse Shape the Quarter

Published on November 5, 2025

In Q3 2025, Tucson’s office market concluded the quarter with an overall vacancy rate of 10.2%, reflecting stable conditions. Healthcare remained the primary demand driver, with……

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Tucson’s Q3 Multifamily Market Report: Pricing Drops as Value-Add Assets Drive Activity

Published on October 22, 2025

Tucson’s multifamily sales market saw a modest uptick in activity during Q3 2025. Ten arms-length transactions were completed with C&W | PICOR representing six of those transactions. Pricing declined sharply, with the average price falling to……

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Tucson’s Q2 Industrial Market Report: Tight Vacancies, New Construction, & a $3.6B Data Center Make Headlines

Published on July 30, 2025

Tucson’s industrial market remained tight in Q2 2025, with vacancy persisting at 5.7%. Most available space was in……

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Tucson’s Q2 Office Market Report: Medical Demand and Limited Inventory Shape Market Trends

Published on July 23, 2025

In Q2 2025, Tucson’s office market experienced a modest increase in vacancy, reaching 10.4%. However, occupancy rates remained……

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Tucson’s Q2 Multifamily Market Report: Soft Sales, Realignment in Pricing Expectations

Published on July 16, 2025

To read the full report on Tucson’s multifamily activity in Q2, click here. Tucson’s multifamily market remained relatively stable in…

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Tucson’s Q1 Retail Market Report: New Developments, Thrift Sector, and Redevelopments Drive Steady Growth

Published on May 21, 2025

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……

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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……

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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……

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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%….

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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….

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