The industrial market in Tucson is getting new attention from distribution companies. New construction and expansion is leaving the vacancy rate at about 10 percent for industrial space. OnTrac, a regional logistics company, is expected to announce plans this week to lease more than 56,000 square feet at Rockefeller Group Distribution Center, south of Valencia and Palo Verde roads.
Furniture retailer HomeGoods is building an 800,000-square-foot distribution center near the airport, while FedEx expects to open a 210,000-square-foot ground distribution center this fall at 7050 S. Palo Verde Road, and Ventana Medical Systems is close to completing its 60,000-square-foot logistics and distribution center in Tangerine Commerce Park on Tangerine Road, near Interstate 10.
“We are beginning to see the results of our work to identify Tucson as a trade and transportation center,” Tucson Mayor Jonathan Rothschild said. “Our strategic geographic position makes it easy to recruit the right businesses. We are on the front end of this growth, not the end.”