The following is a list of the 5,000 SF and larger Tucson industrial buildings which have sold in 2017.
Tucson’s industrial market continued forward progress in the first quarter of 2017. Net positive absorption of about 50,000 square feet improved the overall vacancy rate to 7.4%, Tucson’s lowest mark since Q3 2008. While no leases were completed in the largest vacancies during the first quarter (those over 100,000 SF), activity in larger spaces was at its highest level in recent history.
We are very committed to our clients’ success in the marketplace and would appreciate the opportunity to work with you on successfully marketing or selling your commercial property. If you are thinking of selling or leasing your property, or would like more market information, please call me.
Max Fisher, Industrial Properties Broker