Tucson Regional Economic Opportunities, Inc.
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Commercial Real Estate Market

 


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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 10.7% at the end of the third quarter 2009. The vacancy rate was 10.6 the end of the second quarter 2009, 10.2% at the end of the first quarter 2008, and 7.8% at the end of the fourth quarter 2008.

Total industrial inventory in the Tucson market area amounted to 37,888,128 square feet in 2,444 buildings as of the end of the third quarter 2009. The Flex sector consisted of 9,646,242 square feet in 507 projects. The Warehouse sector consisted of 28,241,886 square feet in 1,937 buildings. Within the Industrial market there were 80 owner-occupied buildings accounting for 1,753,625 square feet of Industrial space.

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Contact TREO
For more information about doing business in the Tucson region, contact our Business Development team at 520-243-1900 or 866-600-0331, or by clicking here