Karen Schutte, Author at Real Estate Daily News

CBRE Reports: Speculative Deliveries Push Tucson Industrial Vacancy to 7.8% in Q4 2025

TUCSON, AZ (Feb. 3, 2026) — A wave of largely speculative industrial deliveries helped lift Tucson’s industrial vacancy rate to 7.8% in the fourth quarter of 2025, as 688,609 square feet of new product delivered—nearly 80% of it vacant—while net absorption stayed negative, according to new figures from CBRE. Q4 2025 snapshot CBRE’s report shows

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Commercial Lease Report – January 26-30, 2026

Leases / By Karen Schutte

TUCSON, AZ (FEBRUARY 2, 2026) — Leasing activity totaled 107,206 square feet for the week, led by retail with 54,276 square feet, followed by office with 22,879 square feet, and industrial with 30,051 square feet (excluding one industrial land lease). The top retail deal was Broadway FP, LLC (Planet Fitness) leasing 28,575 square feet at

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Schillne Retail Team facilitates $2.7M lease, bringing popular Asian restaurant to Scottsdale

News / By Karen Schutte

SCOTTSDALE, ARIZ. (Jan. 26, 2026) – Carol Schillne and Cole Schillne with ORION Investment Real Estate represented the tenant, a popular Colorado-based Asian restaurant concept, in a long-term lease totaling $2.7 million. The Schillne Retail Team represented JING of Denver, Colorado, in a retail lease at the Shea Scottsdale Shopping Center, 10605 N. Scottsdale Road,

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