Sentences with phrase «retail vacancies increased»

Retail vacancies increased slightly from 6 % in the first quarter of 2001 to 7.1 % in 2002, according to New York - based Reis, which tracks approximately 1.3 billion sq. ft. of neighborhood and community centers.

Not exact matches

The vacancy rate for downtown retail space dropped to 12 percent, from 14 percent in 2008 and in about the same time, retail sales in the village have also increased from $ 977 million to about $ 1 billion.

Retail vacancies have increased in recent years, as stores are squeezed by rising rents and competition from online retailers like Amazon.

With mass sales activity in the last year, more job vacancies and increases in retail sales it suggests now is an excellent time for anyone in sales to be looking to grow their opportunities.

The Sterling Cos. reports nine retail projects totaling 1.7 million sq. ft. are scheduled to open in 1998, resulting in a small increase in vacancy, but little or no impact on rents.

Increased vacancies at retail properties have become a common issue, especially for owners that have debt coming due.

Retail vacancies continued to climb — in the second quarter, vacancies at shopping centers averaged 8.2 percent, a 50 - basis - point increase from last year, according to Reis, Inc., a New York City - based provider of commercial real estate information.

«The projected imbalance between net absorption and completions will increase the upward pressure on retail vacancy rates, as well as on concession levels for new and renewing tenants,» Chandan says.

As vacancy rates rise at malls across the United States, with the increasing numbers of retailers announcing bankruptcies, deferring expansion plans and closing stores the energy management system could help operators reduce fixed utility costs.

The retail sector has experienced a modest increase in rents, as well as a slight decrease in vacancy rates.

Minneapolis vacancies are at 10.9 %, according to a United Properties market report, which goes on to say that the strong office market has helped increase retail demand - citing a new Target store downtown as one example.

«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»

Although retail vacancies have increased modestly, notes Susie Detmer, sales associate with CB Richard Ellis in Seattle, «Anyone without a presence here is trying to get in.»

One of the market driving forces is the growing appetite for modern office and retail space in the key hubs where vacancy levels are considerably lower than in B - grade properties — especially older buildings in outlying suburbs — and these investors are likely to come under increasing pressure.

Tampa improved its standing by three places on the Marcus & Milli - chap NRI this year, due to «a lull in new retail construction and only a moderate increase in vacancy.»

Q3 2014 was particularly successful as retail vacancy declined, rental rates and absorption increased, and a handful of significant transactions took place, according to a report by Seattle - based brokerage firm Kidder Matthews.

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

«Even though there is a lot of retail development under way, in most Canadian markets there is very low vacancy and there has been an increase in lease rates,» says James Smerdon, Vancouver - based director of retail and consulting with Colliers.