Tucson, Arizona – Tucson’s retail big box sector remained stagnant in many areas over the past year as bricks and mortar retail continues to be challenged by online sales. National retailers and property owners look for innovative ways to adapt to changing consumer preferences, according to CBRE Tucson’s Year-End Big Box Report. Big box vacancy […]
Retail Market Update: CBRE Releases Tucson Year-End Big Box Report Read More »
TUCSON, Arizona – An affiliate of Comvest Group Holdings sold the final remaining Haggen store in Tucson at 8740 E Broadway Blvd. to AMERCO Real Estate for $2.2 million ($42 PSF). The former Safeway, fetched $3.9 million ($74 PSF) for the 52,566-square-foot anchor building in Broadway East Plaza, at the southeast corner of Broadway and
Final Tucson Haggen Store Sells to AMERCO for Conversion Read More »
CBRE’s Tucson office has released its fourth quarter 2013 Big Box Retail report. The analysis surveyed vacant retail box spaces in excess of 10,000-square-feet located in shopping centers or freestanding buildings in the Tucson area and submarkets. Nancy McClure, first vice president and retail specialist with CBRE’s Tucson office, compiled Tucson’s Big Box Retail report
Tucson’s Big Box Report: Positive Absorption & Demand for 2013 Read More »