• Tucson industrial and logistics market had 99,079 sq. ft. of positive net absorption in Q1 2020, a strong rebound from the year-end 2019 negative net absorption totaling 77,964 sq. ft.
  • Tucson industrial and logistics vacancy was 6.4% in Q1 2020, a decline of 110 bps quarter-over-quarter
  • There is limited construction in the Tucson market totaling 73,720 sq. ft. – all of which is a build-to-suit