PICOR Connect | Trends in Commercial Real Estate

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.

CoStar Group, Inc., the data/analytics leader of the commercial real estate industry, has announced this year’s Power Broker Award recipients, recognizing professionals and firms who closed the highest transaction volume in commercial real estate deals, leading in their respective markets. In Tucson, AZ, Cushman & Wakefield | PICOR maintained uninterrupted achievement among both the Top Leasing Firms and Top Sales Firms ranking highest in productivity. At the individual recognition level, C&W | PICOR professionals represented the majority of the most active Tucson dealmakers, capturing 12 of the top 21 spots. C&W | PICOR team members comprised at least two of the top five in every category, including office leasing, retail leasing, industrial leasing, and sales.

Barbi Reuter is among seven commercial real estate leaders elected to the CREW (Commercial Real Estate Women) Network global board of directors, serving in the capacity of President-Elect in 2021. The new leaders were introduced on Sept. 17 at the virtual 2020 CREW Network Convention.

CREW is the industry’s leading advocate for the advancement of women in commercial real estate, and Reuter will be the first Tucsonan to lead the 12,000 member organization when she serves as President in 2022.

Yesterday, the U.S. government announced a phased plan for reopening the economy. Over the next several weeks and months, as areas stabilize from the COVID-19 pandemic and stay-at-home restrictions are lifted, organizations will begin to bring workers back into the physical workplace. As many media outlets reported, Cushman & Wakefield recently launched its Recovery Readiness Task Force (RRTF) and have plans to share best practices for reopening workplaces. 

On Sunday, November 17, 2019, we lost our brother, partner, friend, and teammate Russ Hall. Mercifully, his heart stopped quickly at the end of a day well lived in a place he loved.  Not only was he a giant in the business and a perennial top producer, Russ shared everything he had, and his heart worked overtime every day. Everything has its limits, and Russ gave of himself until it just gave out. We simply weren't ready... Ten days earlier, when we asked our team what they were grateful for, Russ replied with this:

"Am blessed to walk in to an office everyday where you consider all 50 people among your best friends.  Personally so thankful for my faith, survival of my little family, Health and all the wonderful blessings we hopefully never take for granted." 

CoStar Group, Inc., the data/analytics leader of the commercial real estate industry, recently announced this year’s Power Broker Award recipients, recognizing professionals and firms who closed the highest volume in commercial real estate transactions in their respective markets.

Brandon Rodgers, SIOR, CCIM of Cushman & Wakefield | PICOR, has achieved the SIOR industrial designation awarded by the Society of Industrial and Office REALTORS®.  SIOR is a Washington, DC-based international professional organization of more than 3,300 commercial real estate professionals whom have earned the coveted SIOR designation.

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 of the oldest business incubation programs in the state. She helped start numerous initiatives designed to bring stakeholders together and promote workforce development including the Arizona Business Incubator Association, Next Steps for Vets, Tucson Innovation Partnership, and Racing the Sun. She has written grants resulting in over $5 million in federal funding. Molly was the project manager for The Bridges and oversaw the construction of infrastructure improvements on the property. She has also worked as a middle school educator, retail store manager, and entrepreneur.

Since CoStar Group entered the Tucson market in 2005 to track commercial property inventory, sales and lease transactions, Cushman & Wakefield | PICOR has consistently been ranked as one of CoStar’s top 10 “Power Brokers.”