Figure

Tucson Office Figures Q2 2022

15 Jul 2022

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  • Vacancy increased 240 basis points and reached thehighest point in four years.
  • The FSG direct average asking lease rate slightly decreased to $21.50 after reaching a record high in Q1.
  • The Tucson office market had a major downturn in net absorption, reaching the largest net negative absorption in four years.