PICOR Connect | Trends in Commercial Real Estate

Sunday, October 2 from 8:00 AM - 1:00 PM at Reid Park, Cushman & Wakefield | PICOR employees, family members, and friends of the firm will mix, pour, flip and serve as many pancakes as you can eat! 

In its 27^th year, the PICOR Charitable Foundation was again barred from flipping pancakes for the Tucson community by pandemic conditions, yet through the generosity of donors committed to supporting non-profit youth programs in the region, the Foundation raised its first-ever six figures in donations, bringing in $124,910.

Much of the analysis regarding the coronavirus impact — including ours at Cushman & Wakefield — has understandably been focused on the negative impact of the outbreak and downside scenarios. The situation is fluid, and there remain many unknowns. However, to inject a little bit of optimism and to help provide perspective, we offer five “glass half full” observations:

With thanks for broad individual and community support, the PICOR Charitable Foundation (“PCF”) raised and donated nearly $79,000 in its 2019 cycle, 10% more than the previous high mark. With all event costs underwritten by in-kind community partners and PICOR corporate funds, 100% of the funds raised through the 25^th Annual Pancake Feed were granted to Tucson-area youth charities. PCF is[…]

Cushman & Wakefield | PICOR is pleased to announce Dave Hammack and Aaron LaPrise have achieved shareholder status. The two high-performing commercial real estate brokerage professionals are both Tucson natives active in the International Council of Shopping Centers (ICSC) and join the existing 14 C&W| PICOR principals in January 2019. 

After a 17-year career with the University of Arizona Tech Park, Molly Gilbert joined Cushman & Wakefield | PICOR specializing in the sale and lease of Tucson office properties. While at the Tech Park, she led many initiatives, including Community Engagement efforts, managing community, government, university, and tenant relations. Molly is a co-founder of the Arizona Center for Innovation, one[…]

With thanks to countless donors, the PICOR Charitable Foundation (“PCF”) awarded a record $72,000 in grants last week. Thanks to generous in-kind community partners and PICOR’s corporate underwriting, 100% of the funds raised were granted to youth-serving programs, and many attendees and applicant agencies received complimentary breakfast tickets from the 24^th Annual Pancake Breakfast.

A bipartisan measure tucked into the 2017 federal tax law is providing a significant opportunity for investors to reduce their capital gains taxes while spurring economic growth in designated areas of Arizona.