As of November 2012, its occupancy rate was 94.9 percent, and its year - to -
date effective rent growth was 7.4 percent, according to Axiometrics.
As of November 2012, the market's occupancy rate was 93.1 percent, and its year - to -
date effective rent growth was 6.5 percent.
Meanwhile, year - to -
date effective rent growth in 2017 avoided the stigma of being the lowest in the post-recession period — by 7 bps.
Not exact matches
BY MICHAEL RICONDA The Rockland County Legislature met for a special assembly on December 27 to approve tax and
rent rates for 2013 and set
effective dates for the abolition of certain positions, as outlined in the newly - passed 2013 budget.
The notice is
effective thirty days from the next periodic
rent - paying
date.
(2) If the proposed
rent increase for that tenant is 10 percent or less of the rental amount charged to that tenant at any time during the 12 months prior to the
effective date of the increase, either in and of itself or when combined with any other
rent increases for the 12 months prior to the
effective date of the increase, the notice shall be delivered at least 30 days prior to the
effective date of the increase, and subject to Section 1013 of the Code of Civil Procedure if served by mail.
Market
rent - The rental income that a property would most probably command on the open market, as indicated by current rentals being paid for comparable space as of the
effective date of the rental appraisal.
(b) if the tenant's
rent has previously been increased, the
effective date of the last
rent increase made in accordance with this Act.