Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TUCSON—This is the eleventh consecutive quarter in which the Tucson industrial market has reported positive absorption, with 266,771 square feet in the third quarter 2014. The Tucson industrial market observed a healthy drop in vacancy in the third quarter, reporting 10.4%, down from the mid-year vacancy of 11.1%. The supply of premium space is beginning to tighten in the Tucson market, which is driving up rates and leaving fewer options for new tenants entering the market. GlobeSt.com caught up with Bill DiVito, first vice president, CBRE, to get his take on the numbers.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.