• Tucson industrial and logistics market had 44,876 sq. ft. of negative net absorption in Q2 2020, a reversal from the Q1 2020 positive net absorption totaling 99,079 sq. ft.
  • Tucson industrial and logistics vacancy was 6.2% in Q2 2020, a decline of 20 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