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Commercial Real Estate Market |
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Propiedades Comerciales
Quick Links:
Bourn Partners
Diamond Ventures
PICOR Commercial Real Estate
Realty Executives Southern Arizona
Tucson Realty & Trust |
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The growing economy creates demand for vacant office, industrial, and retail space. The industrial vacancy rate in the Tucson market area increased to 8.6% at the end of the fourth quarter 2008. The vacancy rate was 7.7% at the end of the third quarter 2008, 7.1% at the end of the second quarter 2008, and 6.1% at the end of the first quarter 2008.
Total industrial inventory in the Tucson market area amounted to 36,583,424 square feet in 2,402 buildings as of the end of the fourth quarter 2008. The Flex sector consisted of 8,712,381 square feet in 520 projects. The Warehouse sector consisted of 27,871,043 square feet in 1,882 buildings. Within the Industrial market there were 62 owner-occupied buildings accounting for 1,586,646 square feet of Industrial space.
Learn more about Site Selection Services.
For assistance with expansion/retention of your existing Tucson-area business or if you are considering relocating/expanding to the Tucson region, contact:
Lee J. Smith
Sr. Vice President, Business Development
520.243.1909 or lee.smith@treoaz.org
Julie Sapp
Manager, Business Attraction & Expansion
520.243.1927 or julie.sapp@treoaz.org |
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