CBRE’s recent Q2 2021 Tucson Retail Report shows retail leasing activity fell in Q2 with a negative net absorption rate of 24.5KSF. Q1 net absorption had been 31.5KSF. Quarter-over-quarter vacancy was 8.3 percent, up from 8.1 percent in Q1. Q2 2020’s vacancy was …
By Sun Corridor, Inc. BD (Becton, Dickinson and Company), a leading global medical technology company, announced it will invest $65M to construct a state-of-the-art facility in Tucson that will be a hub for the company’s …
By Tasha Anderson for AZBEX Core Spaces and Up Campus Properties are proposing a new addition to The Hub student housing mixed-use development within the Main Gate District in Tucson. Currently known as The Hub V, the new student housing complex will be …
While Apartment List’s National Rent Index is down 1.4 percent over the last year, rents in Tucson have increased 4.7 percent since the start of the COVID-19 crisis. Since March, Tucson’s month-over-month rents are up 0.6 percent, and year-over-year increases total 5.9 percent. …
By Tasha Anderson for AZBEX Preliminary plans for a new “luxury casita” development to be located on the west side of Catalina Highway, just north of Tanque Verde Road, have recently been submitted to the …
By Tasha Anderson for AZBEX Plans for a proposed multifamily development, as part of a 52-unit adaptive reuse and mixed-use development project planned for the Five Points area in Tucson, has recently been submitted to …
Source: Arizona Association for Economic Development Four southern Arizona city/town managers will speak at the Arizona Association for Economic Development’s (AAED) January luncheon. Mary Jacobs, town manager for the town of Oro Valley, Jamsheed Mehta, …
By Sammy Williams for Arizona Builder’s Exchange HSL Construction Services, LLC has announced plans to develop Encantada at Rita Ranch, a luxury apartment community at the southeast corner of Valencia Road and Nexus Road in …
By Adrienne St. Clair for Arizona Builder’s Exchange The City of Tucson approved a development plan submitted earlier this year by SMDSK Encanto LLC for a mixed-use project that will be built at the SEC …
By Jen Crane for Adams & Associates Engineers Several Arizona A/E/C firms came together to sponsor this year’s KIDstruction event – a design/build competition for middle school students, using only business cards, toothpicks and glue …
By Adrienne St. Clair for Arizona Builder’s Exchange AMD Global, LLC and MSW Development have submitted a rezoning request to the City of Tucson to build a micro-hospital on the SWC of Broadway and Rosemont …
By Gabriela Rico for Arizona Daily Star The developer of the Benedictine Monastery site has agreed to lower the height of the tallest proposed apartment buildings by 19 feet, protect the structure as a historic …
By Gabriela Rico for Arizona Daily Star After more than seven years of discussions with and concessions to area stakeholders, local developers are moving forward with a project that will bring new apartments, office space …
By AZBEX Staff for Arizona Builder’s Exchange The Rio Nuevo Board voted this week to enter negotiations on a final development agreement for what could be one of downtown Tucson’s tallest buildings. According to Rio …
By AZBEX Staff for Arizona Builder’s Exchange In a major win for the Tucson area, Sun Corridor, Inc. issued a press release this week that Bourn Companies will develop and build a new 200KSF regional …
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