Central Los Angeles Leasing Activity Surges Despite Negative Absorption

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Central Los Angeles Leasing Activity Surges Despite Negative Absorption"

Transcription

1 office CENTRAL LOS ANGELES market report Central Los Angeles Leasing Activity Surges Despite Negative Absorption Market overview MARKET indicators - VACANCY 19.8% NET ABSORPTION -112,300 CONSTRUCTION 1,242,600 RENTAL RATE $2.17 P UNEMPLOYMENT 7.0% The Central Los Angeles office market saw decreased demand through the third quarter 2015 with net absorption recording at -112,300 square feet () from 20,000 the previous quarter. The total vacancy rate subsequently increased 90 basis points to 19.8% from 18.9% one quarter ago. Despite the drop in demand, the Central Los Angeles market remains bullish. Direct weighted average asking rents increased to $2.17 per square foot (P), per month Full Service Gross (FSG) on the strength of increasing lease rates in the Mid- Wilshire submarket. New leasing activity rose from last quarter s 111,048 to 476,600. Hollywood registered the majority of the leasing activity for the quarter recording 355,200, with NetFlix accounting for 200,500 at Hudson Pacific s Icon campus. Most leasing activity in the past three quarters has consisted of pre-leases for pipeline properties, such as Columbia Square and the aforementioned Icon. Sale activity for third quarter consisted of one major sale as 1800 N. Highland Ave. in Hollywood traded from CIM Group to a joint venture of the The Souferian Group and The Carlyle Group for $44.4M, or $511 P. The building, which was 86% leased at time of sale to tenants such as Forbidden Images Production and Live Nation, will be repositioned by the new owner as creative office space. MARKET trends - >> Total vacancy rate increases to 19.8% from 18.9% HISTORICAL VACANCY VS RENTS Q RENTS VACANCY HISTORICAL net absorption & Construction COMPLETIONS Q NET ABSORPTION CONSTRUCTION COMPLETIONS >> Weighted average asking rental rate increases to $2.17 P >> Leasing activity rises to n n476,600 >> Absorption of -112,300 $ P FSG PER ANNUM (WEIGHTED) $2.50 $2.00 $ % 20% 18% 16% 14% % VACANT (TOTAL) 150, ,000 50,000 0 (50,000) (100,000) >> Construction activity at 1,242,600 nn $1.00 3Q11 3Q12 3Q13 3Q14 3Q15 12% 10% (150,000) (200,000) 3Q11 3Q12 3Q13 3Q14 3Q15 1 Colliers International continuously refines its database. As a result, data reflected in this report may not be consistent with data reported in previous quarters.

2 market Report OFFICE central LOS ANGELES LOS ANGELES COUNTY DEMOGRAPHICS >> Population: 10,136,509 (2015 Estimate) 10,510,281 (2020 Projection) 3.69% (Growth ) >> Household income: $78,309 (Average) $54,514 (Median) >> Job growth: 1.8% (past 12 months) >> Unemployment rate: 6.9% (as of August 2015) VACANCY The total vacancy rate, including sublet space, increased to 19.8% from 18.9% reported last quarter. Twelve months ago the vacancy rate stood at the same rate of 19.2%. Total vacancy rates continued to be highest in the Mid-Wilshire submarket (22.6%) and lowest in the Hollywood submarket (10.8%). rates were highest for Class B space (26.5%) and lowest for Class A space (11.5%) with Class C space in-between at 18.6%. NET ABSORPTION The market saw negative demand as net absorption was -112,300 in third quarter. Both Hollywood and Mid-Wilshire submarkets registered negative absorption with -25,300 and -87,000 respectively. Net absorption from the perspective of building classes recorded Class A office space at -54,100, Class B at -53,300 and Class C at -4,900. UNEMPLOYMENT August 2015 figures for nonfarm employment in Los Angeles County showed continued recovery for the job market. Over the past 12 months, Los Angeles County has gained 76,300 jobs for an increase of 1.8%. This gain in employment led to unemployment lowering to 6.9% compared to 8.1% one year ago. Nine out of the eleven industries tracked by the EDD posted year-overyear gains. Educational and Health Services (+22,500), Trade, Transportation, and Utilities (+17,100) and Leisure and Hospitality (+16,800) posted the largest gains. Government (+ 7,500), and Professional and Business Services (+6,500) also increased year-over-year. VACANCY BY SUBMARKET NET ABSORPTION BY SUBMARKET SUBLEASE VACANCY DIRECT VACANCY 0 25% 20% 0.0% (10,000) (20,000) (30,000) (25,300) % VACANT 15% 10% 0.3% 22.6% (40,000) (50,000) (60,000) (70,000) 5% 10.5% (80,000) 0% (90,000) (100,000) (87,000) p. 2 Colliers International

3 market Report OFFICE central LOS ANGELES office OVERVIEW EXISTING PROPERTIES VACANCY ACTIVITY ABSORPTION CONSTRUCTION RENTS Submarket/ Class Bldgs Total Inventory Direct Sublease Total Total Prior Qtr Leasing Activity Current Qtr Leasing Activity YTD Net Absorption Current Qtr Net Absorption YTD Completions Current Qtr Under Construction Weighted Avg Asking Lease Rate A 16 3,691, % 0.0% 12.5% 11.7% 49, ,900 (27,200) (6,800) 0 0 $2.07 B 39 5,811, % 0.0% 27.9% 27.0% 71,800 87,700 (54,900) (56,500) 0 0 $1.98 C 9 693, % 0.0% 31.4% 30.7% (4,900) (600) 0 0 $1.63 Subtotal 64 10,197, % 0.0% 22.6% 21.7% 121, ,300 (87,000) (63,900) 0 0 $1.96 A 12 1,658, % 0.3% 9.3% 7.6% 280, ,000 (26,900) (12,100) 0 1,242,600 $3.59 B 17 1,004, % 0.5% 18.1% 18.2% 74, ,800 1,600 9, $3.60 C , % 0.0% 1.5% 1.5% (1,200) 0 0 $2.62 Subtotal 42 3,187, % 0.3% 10.8% 10.0% 355, ,800 (25,300) (4,200) 0 1,242,600 $3.57 MARKET TOTAL A 28 5,350, % 0.1% 11.5% 10.5% 330, ,900 (54,100) (18,900) 0 1,242,600 $2.44 B 56 6,816, % 0.1% 26.5% 25.7% 146, ,500 (53,300) (47,400) 0 0 $2.14 C 22 1,218, % 0.0% 18.6% 18.2% (4,900) (1,800) 0 0 $1.67 Total ,384, % 0.1% 19.8% 18.9% 476, ,100 (112,300) (68,100) 0 1,242,600 $2.17 Colliers International p. 3

4 market Report OFFICE central LOS ANGELES >> Overall leasing activity recorded 476,600 in third quarter >> No new projects were delivered to the market in third quarter; however, there is currently 1.24 million under construction >> Demand dropped in third quarter, but will rebound as pre-leased projects are delivered to the market CONSTRUCTION Hollywood s development pipeline currently has 1,242,600 of office space under construction, which is approximately 33% of all new construction in Los Angeles County. While construction deliveries remained flat for the quarter, completions are imminent for Kilroy s Columbia Square, a $300 million mixed use project, and J.H. Snyder s Hollywood 959 project totaling 250,000. Both properties are expected to start delivering office space in fourth quarter of this year. Hudson Pacific Properties, Inc. continued construction on 405,000 at Icon, located on the Sunset Bronson Studios lot. The Class A space, is expected to deliver in fourth quarter activity New leasing activity in third quarter 2015 rose to 476,600 compared to 171,500 the previous quarter. Class A office space generated the majority of new leasing activity in Q3 with 330,200. NetFlix headlined the lease deals signed, agreeing to occupy 200,100 at the yet-tobe-delivered Icon. In addition, SIM Group signed for 65,000 at Lincoln Property s Hollywood Media Campus, bringing that property to 100% leased. In the Mid-Wilshire submarket, SP Plus Corp. agreed to occupy 22,800 at 3470 Wilshire Blvd. Despite lessened demand, leasing activity continues to surge in the Hollywood submarket due to the combination of high quality Class A pipeline projects and strong preleasing efforts. Demand will rise concurrently as these projects deliver. rental rates The weighted average asking rent for direct space increased to $2.17 P. Average asking rents remained highest in the Hollywood submarket ($3.57 P), and lowest in the Mid- Wilshire submarket ($1.96 P). Asking rents for Class B office space in Mid- Wilshire rose by $0.17 from last quarter as Jamison increased rents for their office inventory in the submarket. The trend for asking rents in Central Los Angeles will see increases through 2015 and beyond as new, high quality space becomes available for lease. WEIGHTED AVERAGE ASKING LEASE RATES BY SUBMARKET LEASING ACTIVITY BY SUBMARKET $4.00 $3.50 $ , , ,200 $ ,000 $ P PER ANNUM (FSG) $2.50 $2.00 $1.50 $1.00 $ , , , , ,400 $ ,000 $ p. 4 Colliers International

5 market Report OFFICE central LOS ANGELES Outlook The Hollywood submarket will continue to see strong demand for space from entertainment, media and technology firms as pre-leased properties are delivered to the market. With the surrounding submarkets mostly builtout and creative tenants passing on the burgeoning, but not fully-realized Downtown Los Angeles creative market, Hollywood has the opportunity to attract tenants desiring quality space at a lower price-point than the Silicon Beach cluster. The preponderance of large blocks of space is also attractive for companies looking to consolidate their operations or relocate headquarter offices. market description Central Los Angeles is an office market comprised of 13.6 million, representing 6% of the total office space 25,000 and greater in the Los Angeles Basin. Mid-Wilshire is attractive to small, entrepreneurial, and often Pacific Rim-owned businesses while Hollywood has a mix of firms from the professional services, high-tech and entertainment/media sectors. HISTORICAL LEASING ACTIVITY Q UNEMPLOYMENT RATE United States, California & Los Angeles County August ,000, ,000 3,500,000 3,000, , % 7.0% 6.0% 5.0% 5.2% 6.1% 6.9% 2,500, , % 3.0% 2,000, , % 1,500, , % 1,000,0000 4Q08 3Q11 4Q09 3Q12 4Q10 3Q13 4Q11 3Q14 4Q123Q15 0.0% United States California Los Angeles County RECENT TRANSACTIONS & MAJOR DEVELOPMENTS SALES ACTIVITY PROPERTY ADDRESS SIZE SALE PRICE PRICE P BUYER SELLER 1800 N. Highland Ave., Hollywood 86,800 $44.4M $511 P The Souferian Group/Carlyle Group CIM Group LP LEASING ACTIVITY PROPERTY ADDRESS LEASED LEASE TYPE BLDG TYPE LESSEE LESSOR 5808 W. Sunset Blvd., Hollywood 200,500 Direct-New A NetFlix Hudson Pacific Properties 1017 N. Las Palmas Ave., Hollywood 65,000 Direct-New A SIM Group Lincoln Property Company 3470 Wilshire Blvd., Los Angeles 22,800 Direct-New A SP Plus Corp Jamison Services 6430 Sunset Blvd., Hollywood 15,000 Renewal A Oxford Road Broadreach Capital Partners MAJOR DEVELOPMENTS PROJECT DEVELOPER SIZE SUBMARKET STATUS ESTIMATED COMPLETION Columbia Square (5 bldgs) Kilroy Realty 461,140 Hollywood Under Construction Q Icon at Sunset Bronson Studios (2 bldgs) Hudson Pacific Properties, Inc 405,000 Hollywood Under Construction Q Seward St - West/East Bldgs J.H. Snyder Company 247,836 Hollywood Under Construction Q N Vine St J.H. Snyder Company 128,624 Hollywood Under Construction Q Colliers International p. 5

6 market Report OFFICE central LOS ANGELES DEFINITIONS OF KEY TERMS USED IN THIS REPORT Total Rentable Square Feet: Office space in buildings with 25,000 or more of speculative office space. Includes competitive space in Class A, B and C singletenant and multi-tenant buildings. Excludes non-competitive owner-occupied buildings, buildings that include 30% or greater of medical or retail space, and space that is underconstruction, under-renovation or off-market. Net Absorption: Net change in occupied square feet from one period to the next (includes the impact of change in vacant space available for sublease). Leasing Activity: Square feet leased from all known transactions completed during the quarter. Excludes lease renewals. 502 offices in 67 countries on 6 continents United States: 140 Canada: 31 Latin America: 24 Asia Pacific: 199 EMEA: 108 >> $2.3 billion in annual revenue >> 1.7 billion square feet under management >> Over 16,200 professionals Class A Space: Space that an image-conscious company would lease for its headquarters. Typically, this space has a very high level of finish and an excellent location, and commands the highest rents in the market. Class B Space: Highly functional, attractive space, but less prestigious than Class A Space, and commanding lower rental rates. Class C Space: Functional, competitive space, but with a lower level of finish and/or a less desirable location than with Class B Space, and commanding lower rental rates. Low-Rise: Buildings with a total of 4 floors or less. Weighted Average Asking Rental Rates: Weighted by the total square feet available for direct lease. Data is based on Full Service Gross rents, and includes all costs associated with occupying the space, including taxes, insurance, maintenance, janitorial service and utilities. Reported on a monthly, per basis. Space Added (Net): Total square feet added during the quarter via construction completions, including renovated space returned to market, less total square feet taken off-market due to demolitions or conversions. Under Construction: Includes buildings that are in some phase of construction, beginning with foundation work and ending with the issuance of a Certificate of Occupancy. united states: Downtown Los Angeles Office License No S. Figueroa Street, Suite 3500 Los Angeles, CA tel FAX MATTESON, CAITLIN Research Director Research Services MUMPER, HANS Executive Managing Director WONG, CHRISTOPHER Regional Analyst Research Services Mid-Rise: Buildings with a total of 5 to 13 floors. High-Rise: Buildings with 14 or more floors. Technical Note Colliers International is continuously refining its database. The data shown in the historical tables and graphics in this report have been adjusted to take into account these changes in the database. Direct : Space in existing buildings that is vacant and immediately available during the quarter for direct lease, plus space that is vacant but not available for direct lease or sublease (for example, that is being held for a future commitment). Total : Space in existing buildings that is vacant and immediately available during the quarter for direct lease or for sublease, plus space that is vacant but not available for direct lease or sublease. This report has been prepared by Colliers International for general information only. Information contained herein has been obtained from sources deemed reliable and no representation is made as to the accuracy thereof. Colliers International does not guarantee, warrant or represent that the information contained in this document is correct. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This report and other research materials may be found on our website at Accelerating success. p. 6 Colliers International

Renewals Dominate Downtown Los Angeles Activity as Vacancy Decreases

Renewals Dominate Downtown Los Angeles Activity as Vacancy Decreases office downtown LOS ANGELES market report Renewals Dominate Downtown Los Angeles Activity as Decreases Market overview MARKET indicators - VACANCY 18.1% NET ABSORPTION 68,400 CONSTRUCTION 1,042,900 RENTAL

More information

Vacancy Rate Increases Above 20% As Space Givebacks Continue

Vacancy Rate Increases Above 20% As Space Givebacks Continue OFFICE LOS ANGELES MARKET REPORT Rate Increases Above 20% As Space Givebacks Continue MARKET OVERVIEW MARKET INDICATORS - VACANCY 20.1% NET ABSORPTION -137,400 CONSTRUCTION 508,200 RENTAL RATE $34.56 P

More information

NAI Houston Office Report First Quarter 2012

NAI Houston Office Report First Quarter 2012 NAI Houston Office Report First Quarter 2012 Houston: Office Report CITYWIDE OFFICE LEASING STATISTICS: ABSORPTION: Measure of Demand in Square Footage for Office Space Total net absorption for 2012 YTD

More information

4Q 15. Industrial Market Report

4Q 15. Industrial Market Report 4Q 15 Industrial Market Report ST. LOUIS, MO The Market Multiple indicators point towards 2016 as a year of continued construction for the St. Louis Industrial Market. The 2.3 million square feet of new

More information

Market Report MANHATTAN OFFICE 2Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.1% -0.6pp -0.9pp N/A. Average Asking Rent ($/SF/YR)

Market Report MANHATTAN OFFICE 2Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.1% -0.6pp -0.9pp N/A. Average Asking Rent ($/SF/YR) Market Report MANHATTAN OFFICE 2Q 2015 Accelerating success. 2Q 2015 Quarter-to- Quarter Change Year-to- Year Change YTD 2015 ± % $ Leasing Activity MSF Absorption SF 8,087,659-2.8% -8.0% 16,409,154 2,890,076

More information

Midtown South Manhattan Office MarketView

Midtown South Manhattan Office MarketView Midtown South Manhattan Office MarketView CBRE Global Research and Consulting LEASING ACTIVITY 1.1 MSF NYC UNEMPLOYMENT RATE (DEC. 1) 7.5% NYC OFFICE EMPLOYMENT (DEC. 1) 1,6, U.S. GDP CHANGE (Q 1) 4.1%

More information

Houston Medical Office Market Slowly Recovering

Houston Medical Office Market Slowly Recovering Q4 2011 COLLIERS HEALTHCARE SERVICES GROUP - Houston Texas HEALTHCARE MARKET COMMENTARY Houston Medical Office Market Slowly Recovering Houston Houston s medical office market closed 4Q 2011 with encouraging

More information

New York City Office Market Report, First Quarter 2013

New York City Office Market Report, First Quarter 2013 New York City Office Market Report, First Quarter 213 Q1-213 New York City Office Market Report, First Quarter 213 OFFICE MARKET # BLDGS. TOTAL RBA DIRECT SUBLET TOTAL TOTAL AVERAGE UNDER (SF) AVAILABLE

More information

Sublease Space Thwarts a Good Quarter

Sublease Space Thwarts a Good Quarter Research & Forecast Report RENO INDUSTRIAL Q3 Sublease Space Thwarts a Good Quarter > > Overall vacancy rate rose to 10.95% (without sublease space 8.16%) > > New construction completions totaled 626,000

More information

Milwaukee, WI 4th Quarter 2014 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION. In partnership with

Milwaukee, WI 4th Quarter 2014 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION. In partnership with Milwaukee, WI 4th Quarter 2014 OFFICE Market Trends COMMERCIAL REAL ESTATE INFORMATION In partnership with Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set 2 Milwaukee

More information

Market Report MANHATTAN OFFICE 1Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.7% 0.7pp -0.7pp N/A. Average Asking Rent ($/SF/YR)

Market Report MANHATTAN OFFICE 1Q 2015. Leasing Activity MSF. Absorption SF. Availability Rate 10.7% 0.7pp -0.7pp N/A. Average Asking Rent ($/SF/YR) Market Report MANHATTAN OFFICE Accelerating success. Quarter-to- Quarter Change Year-to- Year Change YTD 2015 ± % $ MANHATTAN Leasing Activity MSF Absorption SF Manhattan posted mixed results in 1Q 2015

More information

Leasing activity drives new construction in Milwaukee

Leasing activity drives new construction in Milwaukee MARKETVIEW Milwaukee Office, Q3 2015 Leasing activity drives new construction in Milwaukee Vacancy Rate 15.5% Lease Rate $22.29 PSF Net Absorption 108,597 SF Under Construction 563,717 SF *Arrows indicate

More information

New York City Office Market Report, Second Quarter 2013

New York City Office Market Report, Second Quarter 2013 New York City Office Market Report, Second Quarter 2013 2013 NAI Global The contents of this report are intended for the individuals to whom it is presented or delivered and their company associates. Any

More information

First Quarter Industrial Market Report 2014

First Quarter Industrial Market Report 2014 First Quarter Industrial Market Report 2014 Leasing Activities Highlights: Total Net Absorption 288,886 SF Total Inventory 107,654,999 SF Overall Rental Rate $4.55/SF/YR Total Vacancy Rate 6.20% Under

More information

GREATER COLUMBUS OFFICE MARKET OVERVIEW. Current Market Trends

GREATER COLUMBUS OFFICE MARKET OVERVIEW. Current Market Trends GREATER COLUMBUS OFFICE MARKET OVERVIEW Current Market Trends Over the past 12 months, overall market conditions have continued to improve. Vacancy declined, absorption remains positive and rental rates

More information

Regional Markets for Office and Industrial Space

Regional Markets for Office and Industrial Space Regional Markets for Office and Industrial Space FEELING PAIN: REGIONAL MARKETS FOR OFFICE AND INDUSTRIAL SPACE I ve never seen anything like this in 36 years. Sharon Ryals-Taylor, Thalhimer Commercial

More information

Global Real Estate Outlook

Global Real Estate Outlook Global Real Estate Outlook August 2014 The Hierarchy of Economic Performance, 2014-2015 China Indonesia India Poland South Korea Turkey Australia Mexico United Kingdom Sweden United States Canada South

More information

The CoStar Retail Report

The CoStar Retail Report The CoStar Retail Report Y E A R - E N D 2 0 0 9 YEAR-END 2009 SALT LAKE CITY Table of Contents Table of Contents.................................................................... A Methodology........................................................................

More information

Bon Carre Business Center. 7337 Florida Blvd Baton Rouge, LA 70806

Bon Carre Business Center. 7337 Florida Blvd Baton Rouge, LA 70806 7337 Florida Blvd Baton Rouge, LA 70806 FOR LEASE Bon Carre Business Center DESCRIPTION: 850,000 sf gross leasable area 55,000 sf contiguous vacant space Available suites as small as 200 sf Executive Suite

More information

Vacant College Campus 1015 Jackson Keller Rd.

Vacant College Campus 1015 Jackson Keller Rd. Vacant College Campus 1015 Jackson Keller Rd. San Antonio, TX 78213 1015 Jackson Keller Size: 34,796 SF, two story, single-tenant office. Location: Jackson Keller Road, a busy commercial thoroughfare inside

More information

3Q 14. Long Island Market Report

3Q 14. Long Island Market Report 3Q 14 Long Island Market Report Long Island Office 3Q 214 Long Island 3Q14 Office Office Report The Long Island office market ended the 3 rd quarter 214 with a decreased vacancy rate of 8.1%. The vacancy

More information

MARKET WATCH. Market Highlights Office Total Inventory 358,692,803 Total Vacancy Rate 14.4% Select Sitar Transactions 2Q 2014. Economic Indicators

MARKET WATCH. Market Highlights Office Total Inventory 358,692,803 Total Vacancy Rate 14.4% Select Sitar Transactions 2Q 2014. Economic Indicators MARKET WATCH Second Quarter 2014 Market Highlights Office Total Inventory 358,692,803 Total Vacancy Rate 14.4% Average Rate $23.66 PSF YTD Net Absorption 1,491,218 SF Industrial Total Inventory 800,823,825

More information

Despite Continued Spec Development, Demand Pushes Vacancy Down

Despite Continued Spec Development, Demand Pushes Vacancy Down Research & Forecast Report CHICAGO BIG BOX Fourth Quarter 15 Despite Continued Spec Development, Demand Pushes Vacancy Down Craig Hurvitz Vice President Chicago Vacancy And Supply Four big box developments

More information

Houston s Class A Medical Office Rental Rate Increases by 7.4% in First Half of 2012

Houston s Class A Medical Office Rental Rate Increases by 7.4% in First Half of 2012 MIDYEAR 2012 MEDICAL OFFICE COLLIERS HEALTHCARE SERVICES GROUP - Houston Texas HEALTHCARE MARKET COMMENTARY Houston Houston s Class A Medical Office Rental Rate Increases by 7.4% in First Half of 2012

More information

Third Quarter Multi-Family Market Report 2014

Third Quarter Multi-Family Market Report 2014 Third Quarter Multi-Family Market Report 2014 National Economy The national economy is improving as it continues to the fourth quarter of the year, mainly driven by the sales of motor vehicle, business

More information

San Diego Retail MarketView

San Diego Retail MarketView San Diego Retail MarketView Global Research and Consulting VACANCY RATE 6. NET ABSORPTION 4, Sq. Ft. CONSTRUCTION 441, Sq. Ft. LEASE RATE $1.78 NNN UNEMPLOYMENT 5. *Arrows indicate change from previous

More information

Suburban Boston Office MarketView

Suburban Boston Office MarketView Suburban Boston Office MarketView CBRE Global Research and Consulting U.S. UNEMPLOYMENT 7.3% MA UNEMPLOYMENT 7.2% OCCUPIED SF 93.3M AVAILABILITY 20.5% SUBLEASE SF 2.9M UNDER CONSTRUCTION 1.1M *Arrows indicate

More information

Office Leasing and Investment

Office Leasing and Investment MarkEt REPORT Berlin 214/215 Office Leasing and Investment Accelerating success, Office leasing Berlin STATISTICS Population 3,422, Unemployment rate 11.1 % Employees paying social security contributions

More information

Net absorption was negative 67,299 square feet this quarter, marking a second consecutive quarter of negative net absorption.

Net absorption was negative 67,299 square feet this quarter, marking a second consecutive quarter of negative net absorption. NAI Earle MEMBER Furman, NAME LLC Office Report First Second Quarter Quarter 20072009 Upstate Market TRENDS: STATISTICS: Vacancy Rate Net Absorption Number of Buildings...3,288 Market Size (SF)...31,367,198

More information

Lents Town Center Mixed-Use Market Study Office Market Analysis Lents, Oregon

Lents Town Center Mixed-Use Market Study Office Market Analysis Lents, Oregon Lents Town Center Mixed-Use Market Study Office Market Analysis Lents, Oregon Portland Development Commission January 2008 Draft Copy 9220 SW Barbur Boulevard Portland, Oregon 97219 503.636.1659 www.marketekinc.com

More information

Commercial Real Estate Vacancy Overview

Commercial Real Estate Vacancy Overview Commercial Real Estate Vacancy Overview RETAIL 4.63% 5.31% increase SUBURBAN OFFICE 18.2% 4.15% increase CBD OFFICE 12.75% 4.86% decrease INDUSTRIAL 5.69% 2.91% increase YEAREND 215 The Lexington commercial

More information

The CoStar Office Report. F i r s t Q u a r t e r 2 0 1 5 National Office Market

The CoStar Office Report. F i r s t Q u a r t e r 2 0 1 5 National Office Market The CoStar Office Report F i r s t Q u a r t e r 2 0 1 5 First Quarter 2015 National Table of Contents Table of Contents................................................................. A Methodology......................................................................

More information

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Dallas, Texas. Summary. Economy. Sales Market

C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S. Dallas, Texas. Summary. Economy. Sales Market C O M P R E H E N S I V E H O U S I N G M A R K E T A N A L Y S I S Dallas, Texas U.S. Department of Housing and Urban Development Office of Policy Development and Research As of April 1, 26 Summary Housing

More information

YANGON (MYANMAR) PROPERTY MARKET REPORT

YANGON (MYANMAR) PROPERTY MARKET REPORT 1ST HALF 2012 PROPERTY MARKET YANGON (MYANMAR) PROPERTY MARKET REPORT BrieF MYANMAR OVERVIEW Economy Myanmar in comparison with Cambodia and Laos Source: CIA Fact book and Colliers International Thailand

More information

Warsaw Office MarketView

Warsaw Office MarketView Warsaw Office MarketView H1 213 CBRE Global Research and Consulting OFFICE STOCK 4. M SQ M OFFICE VACANCY 1.5% OFFICE TAKE-UP 334, SQ M COMPLETION 152, SQ M UNDER CONSTRUCTION 7.8% Y-O-Y GENERAL OVERVIEW

More information

228 S. Mariposa Ave. Los Angeles, CA 90004

228 S. Mariposa Ave. Los Angeles, CA 90004 EXCLUSIVE MULTI-FAMILY OFFERING Derrick Vartanian Vice President Investments 310.774.3783 Derrick@mvpcre.comcom DRE# 01816119 Offered at $2,525,000 Property Description: MVPartners of KW Commercial is

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Sacramento--Arden-Arcade--Roseville, California Quick Facts About Sacramento-Arden-Arcade--Roseville By Elaine Ng Current sales market conditions: slightly soft but improving. Current apartment market

More information

Oklahoma City Industrial Market Leasing. OKC Industrial Market Information by Submarkets, Classes and Sizes

Oklahoma City Industrial Market Leasing. OKC Industrial Market Information by Submarkets, Classes and Sizes 03Executive Summary 04 04 04 05 06 08 09 10 11 13 National Economy Local Economy Oklahoma City Industrial Market Leasing Net Absorption and Inventory Rental Rates and Vacancy Rates OKC Industrial Market

More information

Strong activity on the office leasing market Commercial investment market continues strong upward trend

Strong activity on the office leasing market Commercial investment market continues strong upward trend Germany Leasing and Investment Q1 2015 MARKET REPORT Strong activity on the office leasing market Commercial investment market continues strong upward trend ANDREAS TRUMPP MRICS Head of Research Germany

More information

Sales Velocity Surges as Rents Push Higher

Sales Velocity Surges as Rents Push Higher Research & Forecast Report GREATER PHOENIX MULTIFAMILY 2 Sales Velocity Surges as Push Higher Key Takeaways > > The Greater Phoenix multifamily market continued to improve in the fourth quarter, capping

More information

NET LEASED INVESTMENT OFFERING

NET LEASED INVESTMENT OFFERING FAMSA 4700 South Ashland Avenue Chicago, IL 60609 TABLE OF CONTENTS TABLE OF CONTENTS 1) Confidentiality & Disclaimer 2) Executive Summary 3) Investment Highlights 4) Property Overview 5) Aerial 6) Site

More information

Investment Analyst Case Study Iron Bank Real Estate Investors The Lyric (215 10 th Ave E) Seattle-Tacoma-Bellevue Metro

Investment Analyst Case Study Iron Bank Real Estate Investors The Lyric (215 10 th Ave E) Seattle-Tacoma-Bellevue Metro Investment Analyst Case Study Iron Bank Real Estate Investors The Lyric (215 10 th Ave E) Seattle-Tacoma-Bellevue Metro OVERVIEW The Lyric ( Property ) is being offered for sale with an asking price of

More information

Los Angeles Market Creative Office Trends and Workplace Strategy

Los Angeles Market Creative Office Trends and Workplace Strategy CBRE GLOBAL RESEARCH AND CONSULTING Los Angeles Market Creative Office Trends and Workplace Strategy introduction Companies across all industries from media and technology to financial services and law

More information

Oklahoma City Office Market Leasing. Construction, Delivery, Net Absorption and Vacancy Rate. Oklahoma City Office Market Sales

Oklahoma City Office Market Leasing. Construction, Delivery, Net Absorption and Vacancy Rate. Oklahoma City Office Market Sales Fourth Quarter Office Market Report 03Executive Summary 04 04 04 05 06 07 07 09 10 12 National Economy Local Economy Oklahoma City Office Market Leasing Net Absorption and Inventory Rental Rates and Vacancy

More information

Life Sciences Outlook. San Diego 2015

Life Sciences Outlook. San Diego 2015 Life Sciences Outlook San Diego 2015 San Diego San Diego saw $43.8 billion in M&A transactions from 2011 through 2014. Large pharmaceutical companies are purchasing biotech firms to fill their R&D pipelines,

More information

THE LOWER MANHATTAN ECONOMY

THE LOWER MANHATTAN ECONOMY THE LOWER MANHATTAN ECONOMY New York State Assembly Sheldon Silver Speaker of the Assembly May 2, 25 Since the release of the Assembly report entitled New York State, The Lower Economy After September

More information

After Strong 2015, Omaha Exudes Cautious Optimism

After Strong 2015, Omaha Exudes Cautious Optimism Research & Forecast Report OMAHA OFFICE Fourth Quarter 2015 After Strong 2015, Omaha Exudes Cautious Optimism The Omaha office market continued to improve in the fourth quarter of 2015 as it experienced

More information

EFFECTIVE RENT REPORT

EFFECTIVE RENT REPORT EFFECTIVE RENT REPORT MANHATTAN OFFICE SNAPSHOT Q3 2014 COMPSTAK.COM INFO@COMPSTAK.COM +1.646.926.6707 36 Cooper Sq, 6th Fl, NY, NY 10003 Overview Effective Rent Indicator: Midtown $60.10 Midtown South

More information

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT

ECONOMIC SNAPSHOT. A Summary of the San Diego Regional Economy UNEMPLOYMENT A Summary of the San Diego Regional Economy Brought to you by San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego s standing relative

More information

Wall Street Journal. Suburbs Lose Office Workers to Business Districts, Reversing a Post-War Trend

Wall Street Journal. Suburbs Lose Office Workers to Business Districts, Reversing a Post-War Trend Wall Street Journal DECEMBER 13, 2010 Downtowns Get a Fresh Lease Suburbs Lose Office Workers to Business Districts, Reversing a Post-War Trend By ANTON TROIANOVSKI As the market for office space shows

More information

Office Market Analysis

Office Market Analysis Office Market Analysis Kyle Smith, Regional Multiple List Service [RMLS] Fellow & Certificate of Real Estate Development Graduate Student Portland Office Market Grubb & Ellis reports that the market-wide

More information

Economic and Market Outlook: SAN ANTONIO OFFICE Q3 2015

Economic and Market Outlook: SAN ANTONIO OFFICE Q3 2015 Economic and Market Outlook: SAN ANTONIO OFFICE Q3 2015 HOUSTON SAN ANTONIO AUSTIN Executive Summary Table 1. Key market indicators for Q3 2015, and their percent (%) change on a quarter-over-quarter (QoQ)

More information

Office Leasing and Investment

Office Leasing and Investment MarkEt REPORT Berlin 215/216 Office Leasing and Investment Accelerating success, Office leasing Berlin STATISTICS Population 3,562, Unemployment Rate 1.1 % Employees Paying Social Security Contributions

More information

OKC Multi-Family Market Leasing by Classes and Unit Mix. OKC Multi-Family Market Leasing Information by Submarkets

OKC Multi-Family Market Leasing by Classes and Unit Mix. OKC Multi-Family Market Leasing Information by Submarkets 03Executive Summary 04 04 05 05 06 07 08 09 11 National Economy Local Economy OKC Multi-Family Market Leasing by Classes and Unit Mix OKC Multi-Family Market Leasing Information by Submarkets Construction,

More information

OPPORTUNITY FUND I. August 31, 2012. Dear Investor:

OPPORTUNITY FUND I. August 31, 2012. Dear Investor: August 31, 2012 Dear Investor: We are pleased to provide the Quarterly Report of DeBartolo Opportunity Fund I, LP ( DOFI or the Fund ) covering the period of time from April 1, 2012 through June 30, 2012

More information

OHIO RESEARCH RECOVERY STILL PROGRESSING. Brian T. Graham, CCIM Valuation & Advisory Services Director of Research Ohio brian.graham@colliers.

OHIO RESEARCH RECOVERY STILL PROGRESSING. Brian T. Graham, CCIM Valuation & Advisory Services Director of Research Ohio brian.graham@colliers. Q2 2013 OVERALL OHIO RESEARCH RECOVERY STILL PROGRESSING EXECUTIVE SUMMARY The second quarter in Ohio kept a steady pace, as most markets and specialties saw good demand, positive absorption and a healthy

More information

São Paulo Office Skyline July 2014

São Paulo Office Skyline July 2014 Office Skyline July 2014 w Office Market Overview - Global Prime Offices City Rental Clock The Jones Lang LaSalle Property Clocks SM Based on rents for Grade A space in CBD or equivalent. US positions

More information

Houston s office market impacted by energy industry layoffs

Houston s office market impacted by energy industry layoffs Research & Forecast Report HOUSTON OFFICE Q3 2015 Houston s office market impacted by energy industry layoffs Lisa Bridges Director of Market Research Houston Known as the Energy Capital of the World,

More information

PECOS & RUSSELL COMMERCIAL 3380 E Russell Road, Las Vegas, NV

PECOS & RUSSELL COMMERCIAL 3380 E Russell Road, Las Vegas, NV PECOS & RUSSELL COMMERCIAL 3380 E Russell Road, Las Vegas, NV OFFERING MEMORANDUM C SQUARED REAL ESTATE SERVICES, LLC 7251 LINDELL ROAD, SUITE D, LAS VEGAS, NV 89103 (O) 702.938.4241 (F) 702.425.5606 www.c2lasvegas.com

More information

1041 N. California Chicago, IL 60622 3 Unit Mixed-Use $399,900

1041 N. California Chicago, IL 60622 3 Unit Mixed-Use $399,900 Chicago, IL 60622 3 Unit Mixed-Use $399,900 Interra Realty LLC 640 North LaSalle Street, Ste 200 Chicago, Illinois 312-361-3140 www.interrarealty.com info@interrarealty.com CONFIDENTIALITY AND DISCLAIMER

More information

Canada. What s Typical? CBRE Offices. For More Information

Canada. What s Typical? CBRE Offices. For More Information What s Typical? Term, generally any length Breaks Renewal Rent Gross Free rent Escalation Security Fit-out Landlord often contributes or builds Tenant broker Landlord pays Right to sublet Common Transparency

More information

National Seniors Housing Group Specialized Real Estate Services

National Seniors Housing Group Specialized Real Estate Services COLLIERS INTERNATIONAL National Seniors Housing Group Specialized Real Estate Services Accelerating success. This document has been prepared by Colliers International for advertising and general information

More information

Brunswick Retail Center 17218 Foothill Boulevard, Fontana, California, 92335

Brunswick Retail Center 17218 Foothill Boulevard, Fontana, California, 92335 FOR SALE Brunswick Retail Center 17218 Foothill Boulevard, Fontana, California, 92335 $2,835,000 Exclusively Represented by: Brad Umansky President 909.230.4500 office 909.816.4884 cell Brad@ProgressiveREP.com

More information

The Upstate Market is defined by: Greenville, Anderson, Spartanburg, Cherokee and Pickens counties.

The Upstate Market is defined by: Greenville, Anderson, Spartanburg, Cherokee and Pickens counties. NAI Earle MEMBER Furman, NAME LLC Office Report First Second Quarter Quarter 20072008 Upstate Market TRENDS: Vacancy Rate Net Absorption STATISTICS: Number of Buildings...2,883 Market Size (SF)... 30,129,332

More information

Conditions of the Chicago Real Estate Market

Conditions of the Chicago Real Estate Market Conditions of the Chicago Real Estate Market Downtown Office Market 2015 March 12, 2015 presented by: David J. Gelfand Executive Vice President Colliers International david.gelfand@colliers.com Square

More information

Rebound after a slow start

Rebound after a slow start DTZ Research PROPERTY TIMES Rebound after a slow start Europe Office Q2 2015 28 August 2015 Contents Take-up 2 New office supply 3 Vacancy ratio 4 Prime office rents 5 Outlook 6 Definitions 7 3 million

More information

Entitled 51 UNIT MIXED USE LAND

Entitled 51 UNIT MIXED USE LAND OFFERING MEMORANDUM Entitled 51 UNIT MIXED USE LAND LOS ANGELES, CA OFFERING MEMORANDUM KW COMMERCIAL 1601 Pacific Coast Highway, Suite 265 Hermosa Beach, CA 90254 PRESENTED BY: HYTHUM KISWANI Senior Investment

More information

Industrial market. ST. PETERSBURG

Industrial market. ST. PETERSBURG Industrial market. ST. PETERSBURG Key industrial market indicators, 214 Supply INDEX VALUE Total stock 2.45 million m 2 Speculative stock 1.4 million m 2 New supply 355, m 2 Take-up 337, m 2 Vacancy rate

More information

National Retail Report Canada FALL 2015 EDITION. Accelerating success.

National Retail Report Canada FALL 2015 EDITION. Accelerating success. National Retail Report Canada FALL 2015 EDITION Accelerating success. Report prepared by Colliers International Consulting James Smerdon Vice President and Director, Retail Consulting DIRECT +1 604 685

More information

Economic Impact and Development Analysis. Proposed Sports Entertainment District

Economic Impact and Development Analysis. Proposed Sports Entertainment District THE LONDON GROUP Economic Impact and Development Analysis Proposed Sports Entertainment District Prepared For: The City of Escondido November 2010 The London Group 2010 Report Prepared by: Gary H. London,

More information

Office Outlook. Large block leasing activity drives vacancy lower as confidence increases. New York Q2 2014

Office Outlook. Large block leasing activity drives vacancy lower as confidence increases. New York Q2 2014 Office Outlook New York Q2 2014 Large block leasing activity drives vacancy lower as confidence increases The Manhattan office vacancy rate fell to 10.6 percent from 11.1 percent its lowest level in two

More information

THE OVIATT BUILDING 617 SOUTH OLIVE STREET Los Angeles, California 90014

THE OVIATT BUILDING 617 SOUTH OLIVE STREET Los Angeles, California 90014 OFFICE SPACE FOR LEASE Los Angelles,, Calliifforniia For further information, please contact: John C. Anthony Lic. #01226464 (213) 534-3245 janthony@charlesdunn.com Christopher Steck Lic. #01841338 (213)

More information

West End of London Office Property Market Outlook

West End of London Office Property Market Outlook September 2011 West End of London Office Property Market Outlook Mark Callender, Head of Property Research, Schroders By contrast with the pedestrian recovery of the overall UK economy, the West End of

More information

Jones Lang LaSalle has been exclusively retained by ownership to market The Vermont (the Property ), the most. Investment Summary.

Jones Lang LaSalle has been exclusively retained by ownership to market The Vermont (the Property ), the most. Investment Summary. Los Angeles Jones Lang LaSalle has been exclusively retained by ownership to market The Vermont (the Property ), the most groundbreaking, luxury, high-rise project to be developed in Los Angeles. With

More information

Atlanta Sees Best Office Market Results Since 2000

Atlanta Sees Best Office Market Results Since 2000 Research & Forecast Report Year-End 2015 Office Atlanta Sees Best Office Market Results Since 2000 Key Takeaways > Atlanta s office absorption totaled 4.8 million square feet in 2015; the highest annual

More information

Chapter 12. Introduction to Value Determination

Chapter 12. Introduction to Value Determination Chapter 12 Value Theory, Highest and Best Use Analysis, and the Cost Approach 11/17/2005 FIN4777 - Special Topics in Real Estate - Professor Rui Yao 1 Introduction to Value Determination Price is usually

More information

FORM FILLING INSTRUCTIONS GENERAL COMMERCIAL SURVEY

FORM FILLING INSTRUCTIONS GENERAL COMMERCIAL SURVEY Craven County Assessor s Office Commercial Property 2016 Income & Expense Survey Instructions PURPOSE OF GENERAL COMMERCIAL PROPERTY INCOME & EXPENSE SURVEY: This survey is intended to provide the Craven

More information

Discretionary Capital Expenditures. Discretionary Capital Expenditure. Presented by Byron Smith, CCIM

Discretionary Capital Expenditures. Discretionary Capital Expenditure. Presented by Byron Smith, CCIM Discretionary Capital Expenditures Discretionary Capital Expenditure Presented by Byron Smith, CCIM Discretionary Capital Expenditure Case Study Overview During the holding period of a commercial real

More information

Does Better Historical Vacancy Data Lead to Better Leasing Strategies?

Does Better Historical Vacancy Data Lead to Better Leasing Strategies? Does Better Historical Vacancy Data Lead to Better Leasing Strategies? by Dr. Tom G. Geurts, FRICS * Associate Professor of Real Estate and Finance George Washington University TGG@gwu.edu and Jim Black

More information

State of Atlanta Office Market September 24, 2015

State of Atlanta Office Market September 24, 2015 State of Atlanta Office Market September 24, 2015 I. Economic Drivers for Office Market Atlanta Why? Metro Atlanta has the lowest relative cost of doing business among the nation s 10 largest metro areas

More information

São Paulo Office Skyline July 2014

São Paulo Office Skyline July 2014 Office Skyline July 2014 w Office Market Overview - Global Prime Offices City Rental Clock The Jones Lang LaSalle Property Clocks SM Based on rents for Grade A space in CBD or equivalent. US positions

More information

Warsaw Office MarketView

Warsaw Office MarketView Warsaw Office MarketView Q4 212 CBRE Global Research and Consulting OFFICE STOCK 3.9 M SQ M OFFICE VACANCY 8.8% OFFICE TAKE-UP 68,5 SQ M COMPLETION 268, SQ M UNDER CONSTRUCTION.2% Y-O-Y GENERAL OVERVIEW

More information

ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m

ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m ING OFFICE FUND Acquisition of Bastion Tower, Brussels and Institutional Placement of $70.0m 1 November 2007 0 DISCLAIMER NOT FOR DISTRIBUTION OR RELEASE IN THE UNITES STATES OR TO U.S. PERSONS This presentation

More information

LARGE OFFICE SPACE Where to find 5,000 sq m in Europe

LARGE OFFICE SPACE Where to find 5,000 sq m in Europe EMEA Office July 2015 LARGE OFFICE SPACE Where to find 5,000 sq m in Europe HIGHLIGHTS The availability of large office premises has reduced by 12% year-on-year Choice is limited - only 19% of options

More information

Industrial Outlook. Large investor appetite coupled with strengthening market fundamentals shows promise for year ahead. Miami-Dade Q1 2014

Industrial Outlook. Large investor appetite coupled with strengthening market fundamentals shows promise for year ahead. Miami-Dade Q1 2014 Industrial Outlook Miami-Dade Q1 2014 Large investor appetite coupled with strengthening market fundamentals shows promise for year ahead Heightened investor interest has lead to increased competition

More information

CPPT400G-F General Appraiser Market Analysis and Highest & Best Use Summary Version

CPPT400G-F General Appraiser Market Analysis and Highest & Best Use Summary Version Welcome CPPT400G-F General Appraiser Market Analysis and Highest & Best Use Summary Version Jim Amorin, MAI, SRA 2009 President Appraisal Institute SECTION ONE Section 1 Part 1. Real Estate Markets and

More information

BANK UNITED GROUND LEASE 2495 S. Orange Ave Orlando, FL

BANK UNITED GROUND LEASE 2495 S. Orange Ave Orlando, FL CONTACT: Erik Nelson 407-650-3667 erik.nelson@nnnreit.com BANK UNITED GROUND LEASE 2495 S. Orange Ave Orlando, FL Investment Summary INVESTMENT OVERVIEW Investment Grade Tenant BankUnited (NYSE:BKU) 11+

More information

D A T A C E N T E R S R E A L E S T A T E A C Q U I S I T I O N S R E P O R T

D A T A C E N T E R S R E A L E S T A T E A C Q U I S I T I O N S R E P O R T S E C O N D Q U A R T E R 2 0 1 3 F I V E 9 S D I G I T A L Following well over $2B worth of data center real estate acquisitions in our EOY 2012 REPORT and $350M reported for the 1st quarter of 2013,

More information

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 DEMOGRAPHICS Population estimates, July 1, 2014 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% Population estimates, July 1, 2013 2,085,287 Population, percent change - April

More information

Briefing Office sector November 2014

Briefing Office sector November 2014 Savills World Research Beijing Briefing Office sector November 2014 SUMMARY Image: CBD area, Chaoyang district City-wide vacancy rates hovered at the lowest level in China despite the market receiving

More information

SG COMMERCIAL. 30 St. Patrick. Modern Office Building Queen & University Under $30 Gross. SG Commercial Real Estate Inc. (Real Estate Brokerage)

SG COMMERCIAL. 30 St. Patrick. Modern Office Building Queen & University Under $30 Gross. SG Commercial Real Estate Inc. (Real Estate Brokerage) SG COMMERCIAL 30 St. Patrick Quality Location Price Modern Office Building Queen & University Under $30 Gross SG Commercial Real Estate Inc. (Real Estate Brokerage) 30 ST. PATRICK STREET Year Built: 1986

More information

U.S. Market Spotlight: Sunshine Brightens Outlook for Southwest U.S.

U.S. Market Spotlight: Sunshine Brightens Outlook for Southwest U.S. U.S. Market Spotlight: Sunshine Brightens Outlook for Southwest U.S. An increasingly prosperous U.S. population is expected to grow by about 60 million people (nearly 25 million households) between 2000

More information

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 Comparing New Mexico to Colorado DEMOGRAPHICS Colorado New Mexico Population estimates, July 1, 2014 5,355,866 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% 1.4% Population

More information

ABILENE APARTMENT PORTFOLIO PORTFOLIO

ABILENE APARTMENT PORTFOLIO PORTFOLIO COLONIAL APARTMENTS 36 s LANDMARK APARTMENTS 12 s RIDGECREST APARTMENTS 44 s INVESTMENT HIGHLIGHTS Investment Offering: Abilene Apartment Portfolio 6 Property Multifamily Offering ELMCREST APARTMENTS 30

More information

HUD PD&R Housing Market Profiles

HUD PD&R Housing Market Profiles Dayton, Ohio Quick Facts About Dayton By Felipe Chacon Current sales market conditions: soft. Current rental market conditions: soft. Current apartment market conditions: slightly soft. Tech Town, a 40-acre

More information

LEXINGTON CENTRAL BUSINESS DISTRICT OFFICE MARKET (4 th Quarter - 2013)

LEXINGTON CENTRAL BUSINESS DISTRICT OFFICE MARKET (4 th Quarter - 2013) LEXINGTON CENTRAL BUSINESS DISTRICT OFFICE MARKET (4 th Quarter - 2013) Coleman Group, LLC has prepared the enclosed Central Business District Office Market Study designed to track vacancy and rent levels

More information

Oklahoma City Retail Market Leasing. OKC Retail Market Information by Submarkets. Construction, Delivery, Net Absorption and Vacancy Rate

Oklahoma City Retail Market Leasing. OKC Retail Market Information by Submarkets. Construction, Delivery, Net Absorption and Vacancy Rate 03Executive Summary 04 04 04 05 05 07 07 08 09 11 National Economy Local Economy Oklahoma City Retail Market Leasing Net Absorption and Inventory Rental Rates and Vacancy Rates OKC Retail Market Information

More information