TUCSON—Vacancy rates in Q3 2014 remained flat from last quarterat 8.2%. This has been the story of the market for the last yearnow, with vacancy not experiencing a drop greater than 80 basispoints since Q3 2013 when the rate fell to 8.2% from 9.0% in Q22013. Net absorption for the quarter was reported at positive50,776 square feet, a down quarter compared to Q2 2014 when anadjusted 113,521 square feet was absorbed. Year-to-date, the retailmarket has recorded 199,017 square feet of positive absorption.Supply chain analysts report container cargo shipments are at someof the highest numbers since before the recession started. Thiscargo number reflects retailer confidence in the upcoming holidayshopping season. GlobeSt.com caught up withNancy McClure, first vice president,CBRE, to get her take on Tucson's retailnumbers.

GlobeSt.com: Can you expand upon the supplychain analysis?

McClure: Retailers ordered more goods,anticipating a stronger 2014 holiday selling season, and thusthe cargo imports from suppliers increased this year from pastrecent years.