Leasing

Tucson biotechnology sector mobilizes to fight COVID-19

November 5, 2020

Tucson-based Paradigm Laboratories, in partnership with Phoenix-based Prorenata Labs, developed a test for quickly detecting COVID-19. ARCpoint Labs, also in Tucson, created a rapid test for antibodies. Area hospitals became part of several clinical trials for the treatment of and vaccination against the virus. The University of Arizona is part of a statewide testing program for antibodies. Even Tucson companies that aren’t in bioscience stepped up. Universal Avionics provided space for the production of face masks and shields. World View pivoted from making stratospheric balloons to sewing medical isolation gowns.

Post-COVID forecast: Tucson is looking bright

September 22, 2020

Tucson continues to earn recognition as a city that companies and workers will want to locate to in the post-COVID-19 era. Commercial real estate site selection consultants named Tucson among 11 mid-sized cities that had strong potential for new locations or expansion projects in 2021. It’s hard to tell how well the economy will recover, especially as the pandemic drags on. But when it happens, Tucson’s commercial property offerings will attract companies looking for a new place to solve the business conditions caused by the virus.

Commercial Real Estate Group of Tucson helps you navigate your lease terms

July 31, 2020

As the country reopens and business activity gradually resumes, commercial landlords and tenants are left with much uncertainty about the risk of a “second wave” of COVID-19 or another pandemic. Commercial Real Estate Group of Tucson understands the evolving situation and has produced some recommendations for parties who are dealing with current leases or thinking about entering new ones.

Time to adapt: COVID-19 forces a review of your Commercial space usage

May 17, 2020

Your commercial space needs may look quite different both in the short term and long term as you and your workforce adjust to the effects of the COVID-19 disruption. Here at Commercial Real Estate Group of Tucson, Michael Coretz shares changes that address two major issues: Where most of your employees will work from now on and health protections they will expect when they do have to come into the office.

Expert advice: Lease contract advantages in the COVID-19 era

May 8, 2020

One of the lessons that business owners with Tucson lease contracts have learned from the COVID-19 disruption is that the ability to be flexible and responsive are crucial to survive. These apply right now as you assess whether you want to hang on to your current location or find new space to match the new realities of your business operations. Here are some of the opportunities expected to emerge and how you can take advantage.

Space-planning strategies: COVID-19 will change your commercial space needs

April 22, 2020

Once we’re past the COVID-19 crisis, it’s likely that new efficiencies will be discovered and new infrastructure might already have been installed to run operations better. Michael Coretz, real estate advisor for Commercial Real Estate Group of Tucson, shares some of the ways that he believes Tucson commercial space will be used differently.

Don’t break that Tucson commercial lease contract over COVID-19

April 1, 2020

Now is the time to talk with your landlord and your commercial real estate tenant rep if the financial hit because of COVID-19 jeopardizes your commercial lease. Remember, your landlord doesn’t want to lose you either over the novel coronavirus disruption. There will be great costs to maintain an unproductive commercial space and additional costs to then find a new tenant once the crisis is over.