NAI Houston Office Report First Quarter 2012

Size: px
Start display at page:

Download "NAI Houston Office Report First Quarter 2012"

Transcription

1 NAI Houston Office Report First Quarter 2012

2 Houston: Office Report CITYWIDE OFFICE LEASING STATISTICS: ABSORPTION: Measure of Demand in Square Footage for Office Space Total net absorption for 2012 YTD = +1,635,072 SF The Class A buildings recorded net positive absorption of 1.742M SF, while Class B buildings actually posted a slightly negative absorption of 84,531 SF. VACANCY: Decreased to 12.5% to end Q citywide for all Class A, B &C buildings. Vacancy Rates for the last 3 quarters have been as follows: Q4-2011= 12.8% Q3-2011= 13.2% Q2-2011= 13.5% Class A projects reported a 11.4% Vacancy Rate citywide. Class B projects reported a 14.1% Vacancy Rate citywide. Overall Vacancy Rates downtown decreased to 12%. RENTAL RATES: All Building Classes A, B, & C Combined Quoted rental rates up in last 12 months (from $23.02/SF in Q to $23.60/SF ending Q1 2012) Landlord concessions like free rent, parking charge abatements, etc. are on the decline. NEW CONSTRUCTION: All Building Classes A, B, & C Combined Going into Q2 2012, there are 2,332,779* square feet of new office buildings under construction. By comparison, Q had 11,201,715* square feet of new office buildings under construction. SALES: *This significant difference in new construction numbers between Q and Q is mostly attributed to lending restrictions during the last 4 years. The average price was $294.49/SF in Q Cap rates in Q averaged 8.25% compared to 8.87% in Q Record breaking sale of the Hess Tower in Downtown Houston for $442.5 million at $523.81/SF at a 6.6% cap rate. SUBLEASE SPACE: In the last 12 months, inventory of sublease space available citywide has been reduced by 757,300 SF. Source: CoStar Property

3 Houston: Office Report Q Statistics Houston, TX Citywide for all classes of Office Space Office space statistical changes year over year and quarter over quarter: OFFICE SPACE STATISTICAL CHANGES YEAR Q VS Q1 2012: Net Absorption Vacancy Rate Construction Asking Rents OFFICE SPACE STATISTICAL CHANGES QUARTER Q VS Q1 2012: Net Absorption Vacancy Rate Construction Asking Rents Source: CoStar Property

4 Houston: Office Report Q Statistics Total Employment Growth Highlight Total Number of Jobs Added Per Year Recent Deliveries of Office Space (Houston, TX) Leased & Un-Leased SF in Deliveries Since 2006 Source: CoStar Property

5 Houston: Office Report Q Statistics Absorption & Deliveries for Class A, B & C Office Buildings City Wide Past 8 Quarters * Measure of Demand Square Footage per Employee by Industry Based upon All Tenants Source: CoStar Tenant

6 NAI Houston Office Report First Quarter 2012 Submarket Reports

7 NAI Houston Office Report First Quarter 2012 Submarket Reports

8 NAI Houston Methodology / Definitions / Submarket Map Absorption (Net) The change in occupied space in a given time period. Available Square Footage Net rentable area considered available for lease; excludes sublease space. Average Asking Rental Rate Rental rate as quoted from each building s owner/ management company. For office space, a full service rate was requested; for retail, a triple net rate requested; for industrial, a NN basis. Building Class Class A Product is office space of steel and concrete construction, built after 1980, quality tenants, excellent amenities & premium rates. Class B product is office space built after 1980, fair to good finishes & wide range of tenants. Direct Vacancy Space currently available for lease directly with the landlord or building owner. Market Size Includes all existing and under construction office buildings (office, office condo, office loft, office medical, all classes and all sizes, both multitenant and single-tenant, including owneroccupied buildings) within each market. Overall Vacancy All physically unoccupied lease space, either direct or sublease. SF/PSF Square foot/per square foot, used as a unit of measurement. Sublease Arrangement in which a tenant leases rental property to another, and the tenant becomes the landlord to the subtenant. Sublease Space Total square footage being marketed for lease by the tenant. Sublease Vacancy Space currently available in the market for sublease with an existing tenant within a building acting as the landlord. Downtown 5.5 million SF vacant 12% vacancy rate $31.86 SF/YR avg. rental West Loop 1.9 million SF vacant 13.5% vacancy rate $30.05 SF/YR avg. rental Greenway Plaza 1.2 million SF vacant 9.9% vacancy rate $24.88 SF/YR avg. rental Source: CoStar Property The information contained herein has been given to us by sources we deem reliable. We have no reason to doubt its accuracy, however, we do not make any guarantees. All information should be verified before relying thereon.

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

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

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

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

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

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

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

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

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS ORANGE COUNTY INDUSTRIAL SECOND QUARTER 216 QUICK STATS Direct Vacancy 2.6% Overall Vacancy 2.7% Lease Rate NNN $.82 Gross Absorption Under Construction MARKET TRENDS Current Quarter 3,969,645 SF 41,668

More information

Miami DDA Office Area. (134 Office Buildings)

Miami DDA Office Area. (134 Office Buildings) Miami DDA Office Area (134 Office Buildings) Miami Dade County Office Employment Growth 1988 to 2013: Following economic downturn, Miami Dade County office employment experiencing modest, but sustained

More information

The Little Train That Could

The Little Train That Could Research & Forecast Report RENO OFFICE Q3 2015 The Little Train That Could > > Rents continued to move higher as rates over $2.00 per square foot are becoming more common in the Class A buildings in the

More information

Central Los Angeles Leasing Activity Surges Despite Negative Absorption

Central Los Angeles Leasing Activity Surges Despite Negative Absorption 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

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

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

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

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

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

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

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

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

Milwaukee, WI 1st Quarter 2015 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION. In partnership with

Milwaukee, WI 1st Quarter 2015 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION. In partnership with Milwaukee, WI 1st Quarter 2015 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

Vacancy Down, Rental Rates Up

Vacancy Down, Rental Rates Up Research & Forecast Report ST. LOUIS OFFICE First Quarter 2016 Vacancy Down, Rental Rates Up Business as usual for the St. Louis office market during first quarter 2016. Suburban office continues to drive

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

Economic and Market Outlook: HOUSTON OFFICE Q1 2015

Economic and Market Outlook: HOUSTON OFFICE Q1 2015 Economic and Market Outlook: HOUSTON OFFICE 215 HOUSTON SAN ANTONIO AUSTIN Figure 1: Supply and Demand Figure 1: Supply and Demand Net Absorption (millions of sq. ft.) 1 9 7 6 5 4 3 2 1 1 Absorption Vacancy

More information

OFFICE SPACE SUBLEASE 1105 Berkshire Boulevard / The TRAVELERS BUILDING Wyomissing, PA 19610. Rare Wyomissing Sublease 4,926 SF AVAILABLE NOW

OFFICE SPACE SUBLEASE 1105 Berkshire Boulevard / The TRAVELERS BUILDING Wyomissing, PA 19610. Rare Wyomissing Sublease 4,926 SF AVAILABLE NOW SPACE SUBLEASE 1105 Berkshire Boulevard / The TRAVELERS BUILDING Rare Wyomissing Sublease 4,926 SF AVAILABLE NOW Full Service Lease, all-in for only $16.50 / SF! Glass on three sides, huge conference room

More information

HOUSTON SELLS OFFICE AUGUST 2015 R EAL E STATE C APITAL T RANSACTIONS

HOUSTON SELLS OFFICE AUGUST 2015 R EAL E STATE C APITAL T RANSACTIONS HOUSTON SELLS OFFICE AUGUST 2015 R EAL E STATE C APITAL T RANSACTIONS HOUSTON SELLS OFFICE AUGUST 2015 Texas Medical Center Largest Medical Complex in the World H O U S T O N S E L L S HOUSTON OFFICE OWNERS

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

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

>> New Construction Delivers to the Orange County Office Market

>> New Construction Delivers to the Orange County Office Market Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> New Construction Delivers to the Orange County Office Market Key Takeaways > Three new office developments were delivered to the

More information

Minneapolis/St. Paul Office MarketView

Minneapolis/St. Paul Office MarketView Minneapolis/St. Paul Office MarketView Q2 2014 CBRE Global Research and Consulting BIG 2ND QUARTER HAS VACANCY RATE TRENDING DOWNWARD Quick Stats GDP GROWTH MN EXPORTS MN UNEMPLOYMENT CONSUMER SPENDING

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

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

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

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

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

Dayton, Ohio 1st Quarter 2015 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION

Dayton, Ohio 1st Quarter 2015 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION Dayton, Ohio 1st Quarter 2015 OFFICE Market Trends COMMERCIAL REAL ESTATE INFORMATION Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set 2 Dayton Office Submarkets

More information

Submarket Analysis. Flex/R&D. Powered by Reis, inc.

Submarket Analysis. Flex/R&D. Powered by Reis, inc. Submarket Analysis Flex/R&D Powered by Reis, inc. Section 1 - Current Submarket Rent Details Asking Rent by Age Asking Rent Distribution Asking Rent Growth Rate Distribution Year Built Rent Before 1970

More information

Calculating Commercial Real Estate Rent. An E-book Prepared By:

Calculating Commercial Real Estate Rent. An E-book Prepared By: Calculating Commercial Real Estate Rent An E-book Prepared By: For more information please contact us at 630.444.0444 O Donnell Commercial Real Estate, Inc. provides product and tenant representation of

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

FIRST QUARTER 2015. Downtown Los Angeles Office Market Report. Partnership. Performance. www.avisonyoung.com

FIRST QUARTER 2015. Downtown Los Angeles Office Market Report. Partnership. Performance. www.avisonyoung.com FIRST QUARTER 2015 Downtown Los Angeles Office Market Report Partnership. Performance. www.avisonyoung.com New Jersey FIRST QUARTER 2015 Downtown Los Angeles Market Report Partnership. Performance. Market

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

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

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

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

THIRD QUARTER 2015. Downtown Los Angeles Office Market Report. Partnership. Performance. www.avisonyoung.com

THIRD QUARTER 2015. Downtown Los Angeles Office Market Report. Partnership. Performance. www.avisonyoung.com THIRD QUARTER 2015 Downtown Los Angeles Office Market Report Partnership. Performance. www.avisonyoung.com New Jersey THIRD QUARTER 2015 Downtown Los Angeles Market Report Partnership. Performance. Market

More information

Real Estate Finance & Investment T.A.: Jong Yoon Lim & Chip Weintraub 11.431/15.426J

Real Estate Finance & Investment T.A.: Jong Yoon Lim & Chip Weintraub 11.431/15.426J Real Estate Finance & Investment T.A.: Jong Yoon Lim & Chip Weintraub 11.431/15.426J Problem Set 1 To be discussed Sept. 20 during recitation PART C and D are REQUIRED (ARGUS Tutorial) PART A: Chapter

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

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

HOUSTON RETAIL PERFORMANCE UPDATE

HOUSTON RETAIL PERFORMANCE UPDATE Published by: O Connor & Associates 2200 N. Loop West, Suite 200 Houston, TX 77018 713.686.9955 HOUSTON RETAIL PERFORMANCE UPDATE EDITED BY KATHRYN KOEPKE $499 PER YEAR VOLUME 9 NUMBER 4 FOURTH QUARTER

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

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

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

West Los Angeles Market Sees Negative Demand for First Time in Twelve Quarters

West Los Angeles Market Sees Negative Demand for First Time in Twelve Quarters OFFICE MARKET REPORT West Los Angeles Market Sees Negative Demand for First Time in Twelve Quarters MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.9% NET ABSORPTION -349,900 CONSTRUCTION 972,700 RENTAL

More information

VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS

VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS Contact: Jerry Holdner Voit Real Estate Services (949) 263-5371 Jholdner@voitco.com VOIT REPORTS POSITIVE ABSORPTION FOR OFFICE AND LOW INDUSTRIAL VACANCY IN ORANGE COUNTY Q1 MARKET REPORTS Orange County,

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

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

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

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

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

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

March 13, 2006. Hon. Scott M. Stringer Manhattan Borough President 1 Centre Street New York, NY 10007. Dear Borough President Stringer:

March 13, 2006. Hon. Scott M. Stringer Manhattan Borough President 1 Centre Street New York, NY 10007. Dear Borough President Stringer: THE CITY OF NEW YORK INDEPENDENT BUDGET OFFICE 110 WILLIAM STREET, 14 TH FLOOR NEW YORK, NEW YORK 10038 (212) 442-0632 FAX (212) 442-0350 EMAIL: ibo@ibo.nyc.ny.us http://www.ibo.nyc.ny.us Hon. Scott M.

More information

Real Estate Trends. in the Sacramento Region. Key Points

Real Estate Trends. in the Sacramento Region. Key Points Real Estate Trends The opening of Golden 1 Center in the fall of 2016 will certainly be one of the most significant events in recent Sacramento history. Golden 1 Center Downtown Sacramento photo credit:

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

OFFICE MARKET ANALYSIS SUBURBAN CHICAGO. According to Costar Property, the Suburban Chicago office market is distributed as follows:

OFFICE MARKET ANALYSIS SUBURBAN CHICAGO. According to Costar Property, the Suburban Chicago office market is distributed as follows: OFFICE MARKET ANALYSIS SUBURBAN CHICAGO Market Composition & Distribution According to Costar Property, the Suburban Chicago office market is distributed as follows: Office Submarket Cluster Distribution

More information

Sublease Overview. Office users are taking advantage of lower lease rates on higher quality product.

Sublease Overview. Office users are taking advantage of lower lease rates on higher quality product. Key Office Market Indicators Henry County, GA 12-month outlook 1Q 2013 statistics Total office inventory 1,508,404 SF Building Overview/Current Offering Address: Location: Building Class: Year Built: 2007

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 F I R S T 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, acquisition activity for the 1st quarter of 2013

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

>> Market Sees Rising Rents Amid Steady Demand

>> Market Sees Rising Rents Amid Steady Demand Research & Forecast Report GREATER L.A. OFFICE Q1 216 Accelerating success. >> Market Sees Rising Rents Amid Steady Demand Key Takeaways > The Greater Los Angeles Basin office market recorded positive

More information

Sidney, BC 2016. A Profile of the Sidney Business Improvement Area District: Business Activities, Business Premises and Vacancies

Sidney, BC 2016. A Profile of the Sidney Business Improvement Area District: Business Activities, Business Premises and Vacancies A Profile of the Sidney Business Improvement Area District: Business Activities, Business Premises and Vacancies Sidney, BC 2016 Copyright Sidney Business Improvement Area Society February 2016 All rights

More information

155 Washington Avenue

155 Washington Avenue FOR LEASE $13.50 / SF 155 Washington Avenue Albany, New York PROPERTY FEATURES Five-story office building with 65 space surface parking lot and access to two additional lots with approximately 15 spaces

More information

REAL PROPERTY TAX AUDIT REPORT FORM (#1572480 10/2011) BOROUGH ADDRESS PETITIONER ATTORNEY TELEPHONE NO. TAX YEARS UNDER REVIEW CASH BASIS

REAL PROPERTY TAX AUDIT REPORT FORM (#1572480 10/2011) BOROUGH ADDRESS PETITIONER ATTORNEY TELEPHONE NO. TAX YEARS UNDER REVIEW CASH BASIS CITY OF NEW YORK, OFFICE OF THE CORPORATION COUNSEL TAX AND BANKRUPTCY LITIGATION DIVISION 100 CHURCH STREET NEW YORK, NEW YORK 10007 TELEPHONE #: 212-356-2141 REAL PROPERTY TAX AUDIT REPORT FORM (#1572480

More information

MIDTOWN ONE AND TWO. Executive Summary TWO CLASS A OFFICE BUILDINGS IN MIDTOWN ATLANTA S INNOVATION DISTRICT 100% LEASED LONG-TERM TO AT&T

MIDTOWN ONE AND TWO. Executive Summary TWO CLASS A OFFICE BUILDINGS IN MIDTOWN ATLANTA S INNOVATION DISTRICT 100% LEASED LONG-TERM TO AT&T TWO CLASS A OFFICE BUILDINGS IN MIDTOWN ATLANTA S INNOVATION DISTRICT 100% LEASED LONG-TERM TO AT&T MIDTOWN ONE AND TWO 754 PEACHTREE STREET & 725 WEST PEACHTREE STREET ATLANTA, GEORGIA Executive Summary

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

NAI FMA Realty Market Report. Second Half 2015. 400 N. 48th Street. Second Half 2015. Individual Members of: 2016 NAI FMA Realty

NAI FMA Realty Market Report. Second Half 2015. 400 N. 48th Street. Second Half 2015. Individual Members of: 2016 NAI FMA Realty NAI FMA Realty Market Report Second Half 400 N. 48th Street 52nd & O Street 1133 Libra Drive Individual Members of: Second Half 2016 NAI FMA Realty NAI FMA Realty Market Report Second Half Tom Ball Chairman

More information

RETAIL MARKET ANALYSIS

RETAIL MARKET ANALYSIS RETAIL MARKET ANALYSIS GEOFF FALKENBERG Oregon Association of Realtors Fellow In January of this year the payroll tax cut expired and retailers were apprehensive that this would further hinder the slow

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

3901 Calverton Boulevard Beltsville, Maryland

3901 Calverton Boulevard Beltsville, Maryland 3901 Calverton Boulevard Beltsville, Maryland GHP Office Realty One West Red Oak Lane White Plains, New York 10604 Phone: 914.642.9300 Fax: 914.642.9301 ghpoffice.com 3901 CALVERTON BOULEVARD, BELTSVILLE,

More information

U.S. Office Market Report

U.S. Office Market Report March 2012 New York Chicago Dallas Miami San Diego Washington D.C. www.falconreal.com Key Markets Current U.S. Market Overview... 3 Summary of Statistical Data... 5 Primary Office Markets: Boston... 7

More information

Effective Workspaces. Understanding how your space and location decisions can improve your organization s impact, staff morale and your bottom line

Effective Workspaces. Understanding how your space and location decisions can improve your organization s impact, staff morale and your bottom line Effective Workspaces Understanding how your space and location decisions can improve your organization s impact, staff morale and your bottom line Today s Agenda Objective 1: Objective 2: Objective 3:

More information

ASH SKYLINE PLAZA 35,000 SF OFFICE SPACE AVAILABLE FOR LEASE. www.cbre.com/ashskylineplaza

ASH SKYLINE PLAZA 35,000 SF OFFICE SPACE AVAILABLE FOR LEASE. www.cbre.com/ashskylineplaza 35,000 SF OFFICE SPACE AVAILABLE FOR LEASE It s about our city, and we are part of our city. We hope that others are inspired to want to do more and invest in downtown and make it something we are proud

More information

Micha van Marcke, CCIM 713.272.1231 Micha.vanMarcke@transwestern.net

Micha van Marcke, CCIM 713.272.1231 Micha.vanMarcke@transwestern.net FORECLOSURE - LENDER OWNED OFFERED FOR SALE Total GLA - 11,880 SF Location - 321 South Sugar Road, Edinburg, Texas 78539 Sales Price - AUCTION.COM Property is Offered on a No Representation or Warranty,

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

Toronto s Growing Tech Sector DEFIXTURING. is the new fixturing

Toronto s Growing Tech Sector DEFIXTURING. is the new fixturing Toronto s Growing Tech Sector DEFIXTURING is the new fixturing September 2015 Tech Sector On the Rise The technology sector accounted for 38% of Canadian office leases in the second quarter of 2015 and

More information

±1,422-2,928 SF. Gardens Professional Arts Building 3365 Burns Road Palm Beach Gardens, Florida 33410. Call for more information!

±1,422-2,928 SF. Gardens Professional Arts Building 3365 Burns Road Palm Beach Gardens, Florida 33410. Call for more information! For Lease ±1,422-2,928 SF Office/Medical Space Gardens Professional Arts Building 3365 Burns Road Palm Beach Gardens, Florida 33410 Property Features 43,321 SF two-story medical office building in excellent

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

Purchasing a Multi-Family Rental Building

Purchasing a Multi-Family Rental Building Purchasing a Multi-Family Rental Building New Construction vs. Older Existing There has been a lot of buzz in the Metro Vancouver real estate market regarding the construction of new rental apartment buildings

More information

RESEARCH REPORT Q2 2014 DOWNTOWN CHICAGO OFFICE LEASE AND SALE ACTIVITY

RESEARCH REPORT Q2 2014 DOWNTOWN CHICAGO OFFICE LEASE AND SALE ACTIVITY YEAR-END 211 SUBURBAN OFFICE Q2 214 DOWNTOWN OFFICE RESEARCH REPORT Q2 214 DOWNTOWN CHICAGO OFFICE CHICAGO CHICAGO OFFICE MARKET OVERVIEW OFFICE MARKET OVERVIEW Painfully Slow Recovery Continues Making

More information

BUSINESS BRIEFING SELF STORAGE

BUSINESS BRIEFING SELF STORAGE BUSINESS BRIEFING VALUATION & ADVISORY A Cushman & Wakefield Valuation & Advisory Publication JANUARY 2015 SOLID YEAR AHEAD IN As we enter 2015, investors always ask about market expectations for the New

More information

For Sale Mission Critical Facility

For Sale Mission Critical Facility For Sale Mission Critical Facility South Bend, Indiana Fully Leased Investment Price: $2,400,000 Cap: 8.86% For more Information, Contact: (704) 651-2210 Doug@Five9sDigital.com For More Information, Contact:

More information

Trends. Trends in Office Buildings Operations, 2011

Trends. Trends in Office Buildings Operations, 2011 Trends Trends in Office Buildings Operations, 2011 THE SAMPLE This 2012 edition represents 2011 data collection from nearly 2,700 private-sector buildings across the United States and Canada. This year

More information

Sunset. North. Bellevue, Washington

Sunset. North. Bellevue, Washington Sunset North Bellevue, Washington 3-building Class A office complex totaling 477,118 Square Feet Immediate access to I-90 Adjacent to HYATT house and Eastgate Park & Ride On-site fitness center with showers

More information

September 1, 2011 MORTGAGEE LETTER 2011-32. Underwriting Policies and Procedures for Commercial Space and Income in HUD-Insured Multifamily Projects

September 1, 2011 MORTGAGEE LETTER 2011-32. Underwriting Policies and Procedures for Commercial Space and Income in HUD-Insured Multifamily Projects U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WASHINGTON, DC 20410-8000 ASSISTANT SECRETARY FOR HOUSING- FEDERAL HOUSING COMMISSIONER September 1, 2011 MORTGAGEE LETTER 2011-32 TO: All Multifamily Hub

More information

233 WEST STREET On Pier 26 in Hudson River Park NEW YORK, NY 10013

233 WEST STREET On Pier 26 in Hudson River Park NEW YORK, NY 10013 APPRAISAL REPORT MARKET RENT ANALYSIS FOR RETAIL SPACE IN BUILDING Located at 233 WEST STREET On Pier 26 in Hudson River Park NEW YORK, NY 10013 AS OF JUNE 18, 2015 FOR HUDSON RIVER PARK TRUST PIER 40,

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

Office Outlook. Brisk beginning to the year means fewer options and rising rents. New York Q1 2014

Office Outlook. Brisk beginning to the year means fewer options and rising rents. New York Q1 2014 Office Outlook New York Q1 2014 risk beginning to the year means fewer options and rising rents Strong demand from the creative industries throughout Manhattan but especially in Midtown South drove leasing

More information

MODELING THE OFFICE MARKET: DATA AND METHODOLOGY. Economic Demand Drivers: Office Employment

MODELING THE OFFICE MARKET: DATA AND METHODOLOGY. Economic Demand Drivers: Office Employment MODELING THE OFFICE MARKET: DATA AND METHODOLOGY Why use a model to understand the office market when there are so many stories available from market participants about the state of the market and where

More information

BUILDING CLASS CHECK ONE CASH BASIS

BUILDING CLASS CHECK ONE CASH BASIS CITY OF NEW YORK, OFFICE OF THE CORPORATION COUNSEL TAX AND BANKRUPTCY LITIGATION DIVISION 100 CHURCH STREET NEW YORK, NEW YORK 10007 TELEPHONE #: 212-788-0439 FACSIMILE #: 212-788-0450 REAL PROPERTY TAX

More information

The WinStack Tenant Management System (TMVu) Overview

The WinStack Tenant Management System (TMVu) Overview The WinStack Tenant Management System (TMVu) Overview WinStack TMVu or the WinStack Tenant Management system was designed to turn tenant data into actionable, profitable information. Tenant and landlord

More information

1.0 Kansas City Metro Area Office Market

1.0 Kansas City Metro Area Office Market 1.0 Kansas City Metro Area Office Market Kansas City s regional office market consists of nine (9) submarkets according to CB Richard Ellis and CoStar, a national real estate research reporting group.

More information

on point Miami Office Report Q4 2009 Americas Research

on point Miami Office Report Q4 2009 Americas Research on point Americas Research Miami Office Report Q4 2009 Local office market fundamentals mirrored the nation s: stagnant office growth with increasing space options for tenants, corresponding downward pressure

More information