Tucson's Soft Commercial Real Estate Market Offers Tenants Several Options To Save On Occupancy Costs Still reeling from the tech downturn and subsequent economic recession, Tucson's corporate real estate market continues to experience declining rental rates and increasing vacancy. Like markets all across the country, Tucson is experiencing high vacancy rates of more than 10 percent in retail, office, and industrial spaces. Building owners are pressured to strike deals because of competition for tenants and their own mortgage refinancing issues. Clearly, these market conditions have opened up numerous options for credit worthy corporate space users to negotiate rates and terms that deliver significant saving off overall occupancy costs. - 2009-03-23