![]() Yes, Location Still Matters An important consideration for any business is where to locate. Sometimes location is a result of where the company is founded. At other times, companies decide to move for a variety of reasons: inability to hire employees, costs of operations, difficulties with the supply chain, taxes and many other difficulties that sets the company on the path to find a new home. Location is still one of the chief factors for companies when establishing or moving operations. Location might be based on suppliers or essential services, ability to recruit employees, cost of living or quality of life. Access to major markets is another consideration. The last several months, Tucson has benefitted from the pandemic as a location of choice. Several times Tucson has risen to the top of the list because of its culture, food, livability, access to employees and business environment. This is not luck, but the result of hard work by government, economic development, and private industry and it has been several years in the making. One of the largest pipelines for employees in the region is the University of Arizona. The University ranked as one of the Top 100 in the world offers world-class programs and graduates thousands of students every year with a bachelors, masters, or professional degree. Tucson offers multiple ideal locations, but one of the fastest growing is the downtown area and adjacent 4th Avenue Business District. The focused attention on economic development in this area has created significant investment and redevelopment of properties in the area. Student housing projects were the first to emerge with new retail and housing following. The Trinity anchors the north end of this business district which also offers numerous restaurants within walking distance. The Trinity is an infill project located on the grounds of the historic Trinity Church. This modern office building blends the history of the church and surrounding neighborhoods with modern sustainable features. With up to 18,000 SF available, this location is ready for your office design. It is located along the Modern Streetcar line making it a quick trip to the University or downtown. A 5-minute drive to I-10 gives easy access two of the fastest growing and affordable communities in the region – Vail and Marana. It your thinking its time to relocate your business, make sure to add Tucson, AZ to your list. More information about Tucson and the programs available for business locating to the region: Arizona Commerce Authority Sun Corridor, Inc. City of Tucson Pima County Visit Tucson PICOR Commercial Real Estate Services Comments are closed.
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Molly Mary GIlbertCommercial Real Estate Archives
November 2020
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