Sentences with phrase «despite high vacancy rates»

Despite high vacancy rates in a large part of the country, both asking and effective rents are rising.

Developer Marvin Romanek says the strong market is partly because some institutional investors sense a recovery in tenant demand for office space, despite the high vacancy rates.

Not exact matches

With a reputed vacancy rate of less than 2 % on more than 40 million square feet of industrial, office and retail property in the GTA, the company is known for moving fast, despite the high - octane distraction of the Canadian Tire Motorsport Park, Fidani's pet project.

New apartment communities that open their doors in 2017 will probably still enjoy a strong U.S. apartment market — despite a slightly higher vacancy rate and slower rent growth...

But the report says that despite the increase in vacancy rates, rents rose in 2004, with the highest increases for two bedroom apartments at 2.3 per cent.

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade.

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade, according to Colliers.

Vacancy in these six notable buildings currently sits at 1.6 per cent, which justifies why this prominent location commands some of the highest rental rates in the city despite the impending influx of new supply that is putting downward pressure on rents throughout the Central Business District.

«Commercial real estate in B.C. continues to remain strong despite low vacancies, higher rental rates and economic pressure,» says Sheldon, a Realtor for over 16 years and past - chair of the Fraser Valley Real Estate Board's Commercial Division.