By: Roger Yohem INSIDE TUCSON BUSINESS September 30, 2011 Apartment developer Humberto Lopez confidently boasts his newest complex is “the nicest luxury project in Tucson.” At a cost of $35 million, the 13-acre project seems to defy financial logic during a weak economy. Multi-housing experts, however, insist these are good times for new Class A […]
MULTIPLE SOURCES September 28, 2011 In today’s Arizona Daily Star, news of three firms with plans to hire hundreds of employees in greater Tucson is welcome news for Tucson’s economic development road to recovery. Bombardier First, Governor Jan Brewer and Tucson Regional Economic Opportunities (TREO) announced yesterday that Bombardier plans to add between 100 and […]
Tucson Commercial Real Estate Women (CREW) has partnered with Arizona Town Hall to present a luncheon program and panel discussion on the impact of arts and culture on our local economy. The event will be held Thursday, October 20, 2011 at Lodge on the Desert. RSVP here. During the networking and registration, Tucson artists of […]
By: Roger Yohem INSIDE TUCSON BUSINESS September 9, 2011 In marketing and sales, creativity can make a difference and lead to a successful business transaction. It’s a competitive philosophy that has been embraced by PICOR Commercial Real Estate Services in the form of new technology: those quick response, or QR codes that can be scanned […]
By: John Walz COSTAR GROUP September 8, 2011 Emanuel Yashari of Santa Monica-based Emma Corporation and Frank Pournazarian of Encino-based Parkford Properties purchased the 34,950-square-foot Eastridge Plaza shopping center for $2.64 million, or about $75.50 per square foot, from San Francisco’s Bank of the Orient in an REO sale.Eastridge Plaza, consisting of two buildings at […]
Click here for more information on space available in UA Tech Park. […]
By: Rick Kleiner, MBA TREND Report September 2011 With the signing of two of the quarter’s largest office leases for new space, occupancy at 333 East Wetmore has reached 90%, outpacing the market average of 87.5% and achieving the highest level since Landlord, Pearlmark Real Estate Partners, L.L.C. (formerly Transwestern Investment Company), purchased the property […]
By Tom Nieman, Rick Kleiner, MBA, Tom Knox, SIOR – PICOR TREND Report September 2011 Overview The current medical office market environment is dynamic and challenging, and participants need to take a long-term view in order to see the end of the rainbow. The medical office market is experiencing many of the same uncertainties as the professional […]
By: Eileen Lewis, PICOR TREND Report September 2011 Building operating costs are a major component of the monthly rent paid by office occupiers each month, and property managers, landlords and tenants in Tucson’s office buildings are motivated to control expenses wherever possible. Expenses to maintain and operate buildings from the smallest garden office to multi-story […]
Interested in the commercial real estate market in Tucson? September’s appraisal program is an open meeting. RSVP to: Tucson CREW […]
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