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PICOR Connect | Trends in Commercial Real Estate

Regional Infrastructure: An Important Issue in 2019: TREND Report

Last updated on January 7th 2019

Over the last year, education was the most visible issue in Arizona.  But, if you were watching closely, infrastructure and water issues were discussed and debated throughout the state as well.  In some cases progress was made, in others, the conversations continue. In the opening weeks of the 2019 Arizona legislative session, two infrastructure issues dealing with water and highway funding will[…]

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Let the Good Times Roll! Tucson Industrial in 2018, TREND Report

Last updated on June 13th 2018

“Wow!  What a great time to be in Industrial real estate!” These are sentiments not heard in almost a decade.  During the depths of the doldrums, the Tucson commercial real estate market was marked by Foreclosures and REO sales, “blend and extend” lease negotiations, downsizing (or “rightsizing” as it was more positively termed) and a general sense of survival.

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INSIDE BASEBALL ON D. C.: TUCSON METRO CHAMBER GUEST POST

Last updated on April 5th 2017

Believe it or not, something good may be happening in Washington, D.C. Last week 12 local business executives, Tucson Metro Chamber Vice President of Government Affairs Robert Medler and I visited Arizona's senators and representatives to advocate for our local community. 

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Governor Ducey appoints Hammond to represent Pima County on State Transportation Board

Last updated on April 14th 2015
PHOENIX - Governor Doug Ducey has appointed Michael S. Hammond to the State Transportation Board, representing the Pima County region in the planning and development of Arizona’s transportation network.

 

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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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Global Supply Chain Services: How does Tucson fit in?

Last updated on May 24th 2013

In the realm of supply chain services, as with any growth-oriented product or service, constant innovation is a critical component to differentiate and create distance from the competition.

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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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5 Hot News Stories Impacting Economic Development

Last updated on March 29th 2012

News stories from the region this week highlight positive economic development activity impacting the commercial real estate market in Tucson. Summaries below cover hiring announcements, development and construction progress, and recent awards and rankings that demonstrate Southern Arizona's stature as a Sun Corridor growth market.

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A Bright Spot in Industrial Real Estate: 3PLs

Last updated on December 21st 2011

Gross revenue for U.S. third-party logistics providers (3PLs) is expected to exceed $140 billion in 2011 -- quite a feat when you consider that in 1976, less than 6,000 trucking companies had operating authority from the Federal Motor Carrier Safety Administration (FMCSA). After deregulation of the transportation industry in the 1980s, competition increased dramatically and traditional trucking[…]

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The Sun Corridor's Role in Global Cargo Business

Last updated on November 16th 2011

With aging U.S. infrastructure and an overburdened interstate system, one Tucson property owner is working on creative solutions to increase cargo business through the Port of Tucson intermodal facility at Century Park Business Center.

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