Tucson is the 34th largest city in the United States, but it brings with it all the amenities of a big city plus much more. The four major industries that call office space in Tucson home are aerospace, bioscience, solar, and transportation & logistics. Other industries that find home in Tucson also include environmental technology, information technology, manufacturing, mining, optics, plastics and tourism.
The economy in Tucson is robust, growing and strong. Downtown Tucson’s office space market is very strong, with occupancy rates showing significant increases over the past few years.
Raytheon Missile Systems, Texas Instruments, IBM, Intuit Inc., Universal Avionics, Sunquest Information Systems, Sanofi-Aventis, Ventana Medical Systems, Inc., and Bombardier Aerospace all have a home thanks to office space in Tucson.
The technology of tomorrow is being developed today at the University of Arizona Science and Technology Park, one of the nation’s premier research and development facilities. Home to several high technology companies, the Tech Park houses 5 Fortune 500 companies: IBM, Raytheon, General Dynamics, Canon USA and Citigroup, as well as several emerging technology companies including NP Photonics, Modavox, and DILAS Diode Laser.
The City of Tucson itself has an incredible entrepreneurial environment that draws a large number of businesses to office space in Tucson. Resources like the Desert Angels, which is a “Tucson based nonprofit organization of accredited Angel investors who seek opportunities to invest in regional start-up or early-stage no-tech, low-tech, or high-tech companies.”
Office space in Tucson puts you in an environment that does not levy the following taxes: no corporate franchise tax, no business inventory tax, no income tax on dividends from out-of-state subsidiaries, no worldwide unitary tax, no sales tax on manufacturing equipment, aggressive accelerated depreciation schedules. In Tucson, opportunities abound for local businesses as well as for those looking to build new futures. Tucson’s quality of life only enhances its regional business climate.
Learn more about Tucson office space.
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