Real Estate: If you tear them down, they will come

Screen Shot 2016-01-16 at 2.57.09 PMBy Gabriela Rico7

This should be a good year for wrecking balls.

Retail brokers say demolitions will be key to luring big retailers into Tucson’s core in 2016.

Deals were inked for nearly 1 million square feet of big-box space in the Tucson market last year. More than half was new construction.

The largest building under construction is the 100,000-square-foot Fry’s Food & Drug store on West Valencia Road near Midvale Park Road, data from the 2015 year-end Big Box Retail Report shows. Big box is defined as a retail space larger than 10,000 square feet.

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