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.
Not exact matches
Retail vacancies have increased in recent years,
as stores are squeezed by rising rents and competition from online
retailers like Amazon.
Referencing past, genre - bending artists such
as Keith Haring and Sterling Ruby, art world renegades who successfully designed and applied their own aesthetic to commercial spaces, fashion boutiques, and public urban centers — blurring the line between private and public, between art and commodity — San Pablo has implemented his own distinct style to re-imagine the gallery space
as an installation and
retail platform which uniquely showcases the collaborative and multi-dimensional nature of
Vacancy Projects.
Vacancies are advertised by TARGETjobs, careers services, specialist recruitment agencies, in national newspapers and publications such
as Retail Week,
Retail Moves and The Appointment, and their online equivalents.
Companies that operate on or own a lot of land, such
as infrastructure companies and
retailers (a few
vacancies)
Fund managers expect
vacancies to be more pronounced in class - B and class - C
retail centers
as retailers scale back on new store expansions.
Retail vacancy rates will remain elevated, most likely due to e-commerce making inroads, even
as vacancy rates of all other property types fall below long - term averages.
Retail vacancies soared in the 1990s
as stores moved out to the suburbs.
«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.
Here you'll find forecasts
as well
as vacancy rates for four commercial sectors — office, warehouse,
retail, multifamily —
as reported in late October 2001.
For New York City
as a whole, Marcus & Millichap research forecasts a 6.8 % total
retail vacancy rate and average asking rents of $ 61 per sq. ft. by year's end.
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 brokerage's
retail availability rate takes into account
vacancies as well
as stores occupied by merchants that plan to leave when their leases expire.
For
retail landlords, apparel and department - store closures have so far been offset by the store growth of other kinds of chains such
as dollar stores and off - price
retailers, which have kept
vacancy rates low.
That low supply, coupled with demand from better - performing
retailers for quality space, helped push rents across all types of
retail real estate higher and
vacancy rates down to about 10 percent at the end of 2015 from 11.1 percent in 2011 —
as retailers slowly shrugged off the recession's
vacancy spike.
The
retail sector has experienced a modest increase in rents,
as well
as a slight decrease in
vacancy rates.
The
vacancy rate for industrial space is expected to decline 0.4 percent and
retail space 0.3 percent
as manufacturers boost production for goods and services and consumers slightly accelerate their spending.
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.
As of first quarter 2016, average direct
retail vacancy in the Denver metro area was 5.8 percent, the lowest it's been in 18 years, according to a report from CBRE Research.
Discipline on the part of developers should keep
vacancy in healthy territory in 2017
as more
retailers expand into the rapidly growing Charlotte market.
Mall owners are being forced to think outside the big box
as retail tenants dry up because of bankruptcies and closures, and are now focusing on nontraditional businesses to fill their growing
vacancies, at 7.5 percent industrywide.
Tucson
retail, like other property sectors, enjoyed improvement
as the marketwide
vacancy dropped to 6.8 % on positive absorption of 452,409 square feet (sf).
Market fundamentals continue to improve,
as demonstrated by a decline in overall
vacancy, and rising rental rates have done little to deter
retailers who are looking to expand and secure space in prime locations.
For example, if
vacancies are higher on the first six floors, an owner might want to consider alternative uses such
as fitness centers, restaurants,
retail or residential units.
As a result,
retail property fundamentals will take a hit in 2009 — the
vacancy rate is expected to peak next year at 17.3 percent, according to PPR, while rent growth will decline 5.6 percent, after a 3.6 percent decrease projected for this year.
Cassidy Turley reported the first
vacancy declines for the U.S.
retail sector in five years
as the market's recovery gains momentum.
Rising Sales and Falling
Vacancies According to data provided by commercial real estate services firm Cassidy Turley, the United States
retail sector reported its first
vacancy decline in over five years
as the market's recovery gained momentum.