If you’ve ever watched a seasoned desert hiker pick their way through a rocky wash, you know the trick: keep your eyes up, move with purpose, and don’t panic when the trail gets rough. That’s Tucson’s industrial market in Q1 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……
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%….
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…
Commercial Real Estate Services
5151 E. Broadway, Suite 115 Tucson, AZ 85711
© Copyright PICOR 2019 | A Member of the Cushman & Wakefield Alliance.
Website by Caliber Group