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Tucson Q1 2013 Industrial Construction and Inventory Update

According to a report by Costar, no new industrial space was completed in Q1 2013, though one project, a 15,000 SF building located at 4475 S Coach Dr, is currently under construction and 100% leased. 2012 saw 127,501 SF of industrial space completed in the fourth quarter and 79,153 SF in the second quarter.

Current industrial inventory in Tucson totals 39,471,275 SF as of Q1 2013, of which 9.5 million SF was flex space and 30.0 million SF warehouse.