Cushman & Wakefield | PICOR’s top sale of the week was the former BevMo property at 4646 N. Oracle…
Tucson’s Q4 Retail Market Report: Experiencing Growth in Spite of Big Box Closures
Published on February 7, 2025
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….
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…
From Presses to Playgrounds – Adding Value Through Adaptive Reuse
Published on October 2, 2024
The top sale last week at Cushman & Wakefield | PICOR was a daycare facility in the Foothills submarket,…
Investing in Recreation: $1.25M Purchase Brings Padel Alley to Tucson
Published on September 11, 2024
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….
C&W PICOR Facilitates Land Acquisition for Angie’s Lobster Expansion
Published on September 4, 2024
Cushman & Wakefield | PICOR recently facilitated a land acquisition at Wilmot Place Shopping Center, where Fortis Broadway LLC…
Big Lots, Big Loss – The Downfall of a Discount Retailer
Published on August 14, 2024
Big Lots, a prominent discount retailer for furniture and home décor, is facing significant financial hurdles that have led to…
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…
Rio Nuevo – Tucson’s Tax Increment Finance District
Published on May 22, 2024
Rio Nuevo, established in 1999, is a Tax Increment Finance District with a vision to transform downtown into a…
Tucson Q1 Retail Market Report: Consumer-Driven Resilience
Published on May 1, 2024
To read the full report on Tucson’s retail activity in Q1, click here. In Q1 2024, the Tucson retail market…
