Sentences with phrase «from lower vacancy rates»

Office buildings located within 500 meters of rapid transit stations generally benefit from lower vacancy rates and higher rents than those areas not served directly by rapid transit.

Not exact matches

Low vacancy rates in office spaces are important to the continuing success of both the cleaning and carpet cleaning sectors, as they depend on getting most of their business from offices and commercial buildings.
Demand lowered the Manhattan vacancy rate from 12.8 percent at the end of the recession in 2009 to 9.7 percent in 2015.
It's relatively hard to find a rental in Denver (it has the lowest vacancy rate on this list), but that doesn't seem to prevent anyone from making a stop here.
Despite a softening housing market, portfolios that invest in REITs seem to be just fine, thanks to steady income from tenants with relatively low vacancy rates in the big cities.
The national vacancy rate dropped to 7.2 % from the prior quarters 8.2 %, the lowest level for first quarter vacancy rates since late 2008.
The takeaway from this exercise is that office employment does serve as a highly reliable market indicator, but more so when vacancy rates are lower than the national average.
Guelph has the lowest vacancy rate in Ontario at 0.6 %, it's a beautiful town with diverse industries, and 20 minutes from kW and Cambridge, which are listed on the top 10 rental markets by rein.
«The current vacancy rate is the lowest it has been in many years, due mainly to the demand from workers coming in to help develop the Sable gas project,» says Landry.
From his Los Angeles office, Craig Meyer, SIOR, sits in the middle of an exceptionally - tight industrial real estate market, featuring what the 2008 - 09 SIOR President says is a «16 - year - low in vacancy» with rates «under 2 %.»
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.
District of Columbia retained its title as the tightest market (as measured by lowest vacancy rate) with a 9.4 percent vacancy rate at the end of the third quarter of 2014, down 20 basis points from one year ago.
Here's how development opportunities look in the metro areas with the lowest current apartment vacancy rates, according to market analysts and economists from property management software provider RealPage, data firm Yardi Matrix and brokerage firm Marcus & Millichap.
«Future ownership can enjoy stable cash flow and benefit from Queens» low vacancy rates,» Stimler said in a prepared statement.
The downtown Chicago office vacancy rate dropped in the third quarter to a 10 - year low of 10.7 percent from 11.1 percent in the previous quarter and 13.9 percent a year earlier, according to CB Richard Ellis, a commercial real estate firm.
The industrial vacancy rate hit 3.9 per cent at the end of 2017, the lowest since 2001, with rents up 15 per cent in Vancouver and 7.3 per cent in Toronto from 2016, according to Cushman & Wakefield.
On CBC Radio's Metro Morning Thursday, Morassutti outlined why he thinks Toronto's downtown office vacancy rate has dropped below five per cent, ahead of San Francisco, mid-town Manhattan and Boston as the lowest in North America, according to figures from his company which is the world's largest commercial service provider selling and leasing real estate.
; • 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.
- ft. market, currently have a vacancy of 12.4 percent, much lower than the 15.1 percent vacancy rate for the city's class - A market, according to a recent report from commercial real estate services firm Transwestern.
Some residents may not be able to afford another rent increase and may consider moving, even though the vacancy rate for SFRs continues to be low, with little competition from for - sale homes, rental apartments or other rental houses.
Still, the oversupply of units has pushed the vacancy rate of CBD sub-markets from a low of 4.4 percent to a high of 6.3 percent in the fourth quarter of 2015.
Rising supply helped push national vacancy rates above 6.0 percent at the end of 2016, from a low of 5.3 percent in mid-2014, according to data from CoStar.
Women always have dominated the single buyers» market and they may be suffering most from a combinations and economic and political forces that have trapped singles into rental units at a time when rents are rising rapidly as vacancy rates reach history lows or 4.5 percent or lower.
The report noted how that demand — from tenants like Hillary Clinton, who signed an 80,000 - square - foot lease earlier this year to house her presidential campaign at Forest City's One Pierrepont Plaza — has driven vacancy rates to a city low.
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