«And
the downtown submarket — where construction is heaviest — is suffering sizable rent cuts,» says Willett.
Earlier this fall, Campbell arranged $ 12.1 million in interim financing for a mixed - use property located at 70 - 78 Willoughby St. in Brooklyn's growing
downtown submarket.
While demand has historically been strongest in the East submarket, the Midtown and
Downtown submarkets have seen a recent resurgence reflecting the national trend of reinvestment in older urban cores.
Four of the six
Downtown submarkets had vacancy declines, while one, World Trade, remained stable and Tribeca posted the market's only increase.
Not exact matches
JLL's study analyses key data in rapid transit serviced
submarkets throughout Metro Vancouver including Burnaby, Richmond, New Westminster, Surrey and Vancouver (outside of
Downtown).
The
downtown Raleigh
submarket alone has 7 million + square feet of privately owned office space.
We are located approximately 20 miles north of
downtown San Diego in the Del Mar
submarket.
Mr. Pinsky shared his personal journey in the New York Metro real estate community and discussed RXR's emerging
submarkets strategy for the outer boroughs and the suburban
downtowns in the tristate area, which includes New York, Connecticut, and New Jersey.
Dominating its skyline at the heart of the dynamic Galleria / Cumberland
submarket - Atlanta's fifth largest, which houses several Fortune 500 corporations - the Sheraton Suites Galleria is just eight miles from Midtown, 10 miles from
downtown Atlanta and 20 miles from Hartsfield - Jackson International Airport («ATL»), the world's busiest airport.
The purchase of this sizable portfolio also provides us immediate critical mass in the region, with a beachhead in some of the most vibrant
submarkets in
downtown Seattle.
Submarkets Downtown Minneapolis / University and North Minneapolis account for 37.2 % of current construction activity, though significant development is apparent throughout the metro.
The addition of more than 2.2 million square feet of new office supply in
Downtown Vancouver since 2015 represented the most development in the
submarket in more than two decades.
The
Downtown - Financial District office
submarket in Boston is home to some of the most prestigious Class A office buildings in the U.S. Global investors are attracted to world - class office properties like 50 Post Office Square, Two International Place, and 101 Federal Street.
The Atlanta real estate market includes the
Downtown Atlanta, Midtown, and Marietta Street commercial real estate
submarkets.
As market conditions continue to tighten, developers are capitalizing on the opportunity with the development of high quality office space, most notably in the
Downtown Miami and Brickell
submarkets.
Development in
Downtown Los Angeles is around three times the long - term average, and the growing supply volumes are testing the
submarket's ability to digest large amounts of new product.
Taking the # 7 spot on our list of The Nation's 10 Busiest
Submarkets For Apartment Construction is
Downtown / Highland / Lincoln Park in the Denver / Boulder metro.
It's caused some concession in a few
submarkets like
Downtown, West End, Charlotte Pike and Germantown, to name a few... It's definitely harder to sell assets when rents are going the wrong direction, but that's only in a few
submarkets around town that have been overbuilt.
The vacancy rate reduction in the third quarter was widespread throughout the borough with declines in all three major markets (Midtown, Midtown South and
Downtown) and 13 of the 20 Manhattan
submarkets.