Figures

Tucson Retail Figures Q4 2024

February 3, 2025 5 Minute Read

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‒Net absorption remained in positive territory in for the third consecutive quarter in Q4 2024, amounting to 10,474 sq. ft.
‒The market recorded 155,300 sq. ft. of deliveries as the Fry’s Marketplace in Gladden Farms was completed. The total amount of space underway now sits at 100,300 sq. ft.
‒Tucson average asking rates increased 5% quarter-over-quarter to $16.48 per sq. ft. NNN.