Over the past year, Tucson, Arizona’s retail commercial real estate market has continued to demonstrate remarkable resilience and adaptability in the face of……
Tucson’s Q1 Retail Market Report: New Developments, Thrift Sector, and Redevelopments Drive Steady Growth
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 Q4 Retail Market Report: Experiencing Growth in Spite of Big Box Closures
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….
Investing in Recreation: $1.25M Purchase Brings Padel Alley to Tucson
Sports Empire Ventures, LLC purchased a 2,380 square foot retail building on 1.43 acres of land at 5943 E. Speedway Blvd for $1.25 million….