Despite what you’ve read in the news, retail is NOT DEAD. Not according to a recent study conducted by the National Retail Federation that found that recent sales figures were actually up 4.2% year-over-year. What you may be surprised to know is that the number of sales have actually increased every month this last year in 2017.
Tucson
Tucson Retail Property – 2017 Market Review
The Tucson Retail market showed a great amount of promise this last year. The Cushman & Wakefield report shows that Tucson, AZ had a positive net absorption of 262,000 sf, which ultimately exceeded the first two quarters of 2017 with a combined 256,205 sf.