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Home / Sonora Mexico

PICOR Connect | Trends in Commercial Real Estate

Mexico's Commercial Real Estate Update: TREND Report

Last updated on June 29th 2016

Last year proved to be a challenging year globally: the slowdown suffered by the China economy, falling of oil prices and the expectation of raising rates by the FED caused pressure on world markets. Mexico was not the exception.

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Mid-Year Perspective on Tucson's Industrial Market | TREND Report

Last updated on June 14th 2016

We were recently invited to speak at the Southern Arizona CCIM 2016 Commercial Real Estate Forecast. This event focuses on all aspects of Commercial and Multi Family real estate in Tucson, Arizona and brings together market leaders to speak on the various commercial real estate disciplines. Various market specialists share their expertise and perspectives on the general health and advancement, or[…]

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Finger on the pulse: Tucson's Industrial Market

Last updated on March 3rd 2015

Metro Tucson ended November with a total of 372,000 non-farm jobs, gaining 5,200 jobs year-over-year (YOY), an annualized job growth rate of 1.4%. Personal income rose 2.7% locally over a year earlier. HomeGoods, a division of TJX Companies, announced intent to open its western distribution center in Tucson, a proposed 800,000-square-foot (sf) facility with an estimated economic impact of nearly[…]

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Industrial Update: Tucson 3Q Absorption Moves 2014 in the Black

Last updated on October 28th 2014

With an improving national economic and employment picture slowly lifting all boats, the Arizona and Tucson employment rates followed suit; statewide employment was up 2.1% over a year ago. Residential inventory continued to stabilize and median sale prices gained 6.2% over prior year. Shared Services Center’s expansion announcement netting 200 new jobs made a positive statement about Tucson as[…]

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Commercial Warehouse Demand Ramps Up in Ambos Nogales Trade Corridor

Last updated on September 10th 2014

Nogales, Ariz. is witnessing increased demand for international trade warehouse space and property with the upcoming $244 million expansion of the Mariposa Port of Entry. The Nogales Santa Cruz Port Authority works with key stakeholders in the Nogales community, including commercial land developers and Realtors®, to enhance economic development in the Nogales-Santa Cruz County region.

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The Arizona-Sonora Region: Global Advantage and More

Last updated on July 1st 2014

The Arizona México Commission held its semi-annual forum last week in Scottsdale with the theme "Are You Ready for International Business?" Because Cushman & Wakefield | PICOR has a decade-long commitment to cross-border commercial real estate, we thought it timely to share an update on the Sonora, Mexico commercial real estate environment and efforts promoting the Arizona-Sonora Region.

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Tucson's 5 Ts - Mayor Rothschild promotes his plan at State of the City

Last updated on March 1st 2014

In his recent appeal to the Tucson Metro Chamber audience and in forums at Tucson CREW and CCIM, Mayor Jonathan Rothschild rallied the business community around the region’s stated Five Ts or five strengths: Technology, Trade, Transportation, Tourism and Teaching. 

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The Real Estate Market in our Neighboring State

Last updated on December 22nd 2013

You might know Mexico is a country with just over 116 million people according, to the estimate made last July.  It has 31 States and the Federal District, known as Mexico City. About a year ago, the PRI party got back in power after 12 years of the PAN party being in power. Since then, a lot of good things have happened as a country in different areas such as education, telecommunication,[…]

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By road, air and sea: Tucson's future as a distribution hub

Last updated on March 26th 2013

Geography, cost and a new attitude. Those three ingredients have put Tucson in the national spotlight for companies looking for markets with distribution hubs, a new report shows. Tucson is one of the least expensive cities in which to operate a distribution warehouse and its proximity to key U.S. and international markets makes it attractive to companies looking to expand or relocate, says the[…]

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State of the Tucson Commercial Real Estate Market: Facts & Forecasts

Last updated on January 31st 2013

We've been in the prognostication business of late, and have gathered a great deal of data on the Tucson commercial real estate markets in one slide deck.

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