Sentences with phrase «gross rent increased»

Indeed, median gross rent increased 18.3 percent between 2005 and 2015, while median household income for renters increased just 6.6 percent, according to data from NYU Furman Center.

«In markets where gross rental rates are only increasing by 1 % to 3 % annually, those gross rent increases are offset by higher operating expense increases, increasing tenant improvement costs and the ever - increasing corporate G & A,» he says.

Second is if 1 tenant of 10 moves... the gross rent increases more than pays for that 1 unit's turnaround costs just in a single month or two.

Not exact matches

With that tightening, has come an increase in rent and Moore says some gross rents are almost $ 60 per square foot, unprecedented for the Vancouver market.

Sam's Club has 5.5 years remaining on its base lease term, with three five - year extension options remaining and a percentage rent increase clause tied to the store's gross sales.

Median gross rent, including utilities and adjusted for inflation, increased 6 percent from 2001 to 2014, according to the Center on Budget & Policy Priorities; median renter household income fell 9 percent.

There has been no notable increase in the average gross rent and vacancy on the street remains low (5.2 per cent) in relation to the rest of the market (7.8 per cent), says JLL.

Depending on the situation and the circumstances of the particular transaction, a tenant may be successful in negotiating a cap on CAM by negotiating a «gross» lease (meaning the rent and all pass - through expenses are consolidated into one fixed base rent figure), a «base year» deal (whereby the tenant will only be responsible for its share of increases in operating and similar expenses over the amounts for such expenses in a base year) or any other number of hybrid scenarios.

Gross rents have increased $ 15 per unit (2.36 %) over the last year with the largest gross rental gain occurring in the Tucson Mountain Foothills ($ 44 per uGross rents have increased $ 15 per unit (2.36 %) over the last year with the largest gross rental gain occurring in the Tucson Mountain Foothills ($ 44 per ugross rental gain occurring in the Tucson Mountain Foothills ($ 44 per unit).

Average downtown gross rents have fallen to $ 47 per sq. ft. from a high of $ 50.40 in the last quarter, with average suburban gross rent holding at $ 31.10 per sq. ft.. This dynamic has lead to the introduction of increased incentives in many areas, as landlords compete for quality tenants.