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….
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…
To read the full report on Tucson’s multifamily activity in Q1, click here. Tucson’s apartment vacancy increased to 8.23% in…
To read the full report on Tucson’s Multi-Family activity in Q4, click here. Tucson’s apartment vacancy increased to 8.16% in…
To read the full report on Tucson’s office activity in Q4, click here. Despite overriding economic uncertainty, the Tucson office…
To read the full report on Tucson’s multifamily activity in Q3, click here. The Tucson multifamily market continued to display…
In the third quarter, the Tucson industrial market maintained a consistent demand-supply dynamic, marked by limited inventory. After experiencing vacancy…
To read the full report on Tucson’s office activity in Q3, click here. The Tucson office market is gradually rebounding…
By Jason Abraham Shaltiel and Ryan McGregor The Trend Report, October 2023 Edition The year-to-date office market in the Tucson Metro area has…
Learn about Tucson’s office vacancies, office requirements and demands, and the workplace landscape in this guest post by the AZ Daily Star….
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