Tucson commercial real estate in 2014: more of the same?

Bob Davis talks about opportunities in commercial real estate
Bob Davis talks about opportunities in commercial real estate

By Hillary Davis | Inside Tucsosn Business

This year is going to look a lot like last year for Tucson’s commercial real estate market.

Top specialists from Tucson Realty & Trust took a look back and then forward today. Here are some of the highlights:

Industrial: Until new home construction picks up, the subcontractors – roofing, concrete, excavating, plumbing, etcetera – that occupy contractor yards and warehouses will be missing, and the industrial market will languish. Manufacturers, gun-shy during the still-uncertain economy, are taking on second shifts rather than committing to more overhead. They’re also turning to automation, which limits job growth.

Continued:

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