Tucson’s industrial market remains balanced with stable demand primarily driven by the market’s affordability. The vacancy rate ticked up nominally from 5.2% in Q3 to 5.4%, largely due to new speculative deliveries and the time required to absorb this new product….
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….
To read the full report on Tucson’s industrial activity in Q1, click here. In Q1, Tucson’s industrial sector continued to…
To read the full report on Tucson’s industrial activity in Q4, click here. In 2023, the Tucson industrial market experienced…
Discover Tucson’s Industrial Market: Record-Low Vacancy Rates, Growth, Supply, and Demand, Construction….
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