Sentences with phrase «in submarkets»

The REIT said that, over the last two years, market rents in those submarkets have increased by 5 % annually while vacancy has declined by approximately 100 basis points to 5.2 %.

We purchase properties below replacement cost, that are undercapitalized or mismanaged, and which are located in submarkets with strong demographic trends.

Office rents rose 5.4 percent year - over-year in the second quarter in all submarkets, and about half of the office space under construction (7.8 million sq. ft.) is pre-leased.

In terms of potential opportunities, one respondent wrote, «There are diamonds in the rough in secondary / tertiary markets — properties in submarkets relatively isolated from new competition.»

That slow down was prompted in part by large blocks of space coming on line in some submarkets.

Industrial space in submarkets has begun to follow the pattern of established by the office market, Jenco continues.

«These assets exemplify our investment criteria of differentiated products in close proximity to campus in submarkets with high barriers to entry,» American Campus CEO Bill Bayless said in a statement.

Cushman & Wakefield's third - quarter report on Manhattan real estate, released in late October, showed that vacancies rose in every submarket that the firm tracks.

According to JLL, office space users preferred Midtown's Class A buildings by a wide margin, claiming 24 of the top 26 transactions in the submarket in 2017.

We've never had that kind of vacancy in that submarket before,» he said.

We still have a lot of issues of comics being kind of segregated off in a different distribution chain than novels: one of the things that I've enjoyed listening to your show for is because you're talking about how to put novels into, into the digital distribution chain, how to get noticed, how to get brought forward, but for comics creators, it's very difficult, because we're even in a submarket of a submarket.

Find out how William and Gunel went from investigating how to start a single family portfolio to becoming leaders in their submarket for their multifamily debut, a 108 unit lead investment project!

Net rents for Class - B space in that submarket have been flat, with average net rents dropping slightly from $ 12.12 at year - end to $ 12.04 at mid-year.

It is very important to be in tune with the cap rate in the submarket where you decide to buy.

- ft. Raffles City, which are scheduled to open in the third quarter of 2012 and the first quarter of 2015 respectively, will provide even more expansion opportunities for international retailers in this submarket, adds Zialcita.

Pacific Business Center will be the best - in - class industrial project in this submarket, and the structure of the non-recourse financing will allow the sponsor to own the asset long term,» said Torp.

Additionally, the market rarely sees institutional investors trade assets, which makes this a rare opportunity for prospective buyers to plant a flag in the submarket,» commented Golubchik.

«The size of this building, its timeless design and high 7 to 1000 parking ratio really differentiates it from its competitors in this submarket,» he said.

«Both were «first» in their submarket, larger professionally - managed properties achieving higher rents,» Makee said.

This area of services expands upon the comprehensive market feasibility study and drills down into the specific product type, product mix, product pricing, product segmentation and features required based on the in - depth buyer profile in the submarket.

«We think we're positioned very well for tenants that are what I call junior box tenants that are either not in the submarket right now or, are located in the submarket of Littleton but are in inferior locations,» Malin said.

The REIT just acquired the 225,000 - square - foot property at 8484 Wilshire Blvd. from Larry Flynt for $ 89 million, bringing its total presence in the submarket to 1.6 million square feet.

«We were aware there was pent - up demand from pad site users looking in that submarket when we bought the acreage,» says Tod M. Greenwood, principal and executive managing director of Houston - based NewQuest Crosswell.

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.

Our research identified Riverside Apartments to be well - located in a submarket with strong employment drivers and limited supply.

Riverside consists of three apartment buildings on 28 acres of land, which presents us with an opportunity for ground - up development of approximately 550 units in a submarket with limited planned new supply and strong job growth driven by major employers such as the USPTO, NSF and MGM National Harbor.

The asset provides us with a compelling opportunity to renovate approximately 850 units to generate rental growth, and the potential opportunity to develop additional units onsite, thereby offering multiple price points in a submarket with a strong population of renters.»

The Wellington consists of three mid-rise apartment buildings on 28 acres of land, which presents us with an opportunity to add additional density of approximately 400 units in a submarket with limited planned new supply.

Our in - depth targeted research identified The Wellington to be well - located in a submarket with a limited supply of new product and a strong population of renters for both Class A and Class B apartments.

In July 2015, we identified an affordability gap of approximately $ 400 - $ 500 between the monthly effective rent at the newest Class A product in the submarket.

The buyer, aware of Phoenix's current multifamily housing deficit nearing 32,000 units by 2020, hopes to capitalize on this trend, as the workforce housing demand continues to grow in the submarket, with no new workforce housing in the pipeline,» said Alon Shnitzer, senior managing partner at ABI and lead broker for this transaction, in a prepared statement.

Not exact matches

One quarter of rentals in North Brooklyn offered a discount in February 2018, the most of any Brooklyn submarket, according to the latest StreetEasy Market Reports.

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).

LAS VEGAS — Spring Hills Senior Communities has announced plans for Poet's Walk Summerlin memory care community in the northwest submarket of Las Vegas.

Availability rates — which measure the amount of retail space that is vacant or will become available — rose in all but one of Manhattan's main retail submarkets between the first quarters of 2015 and 2016, according to Cushman.

In other words, the submarkets struggling the most with high availability rates today are those where investors spent the most on retail properties compared to previous years and where landlords jacked up their asking rents at a faster pace.

Terminus, which leases 3,000 square at Atlanta Tech Village, wanted to remain in Buckhead because of the submarket's ability to recruit young skilled talent from Atlanta's urban core and the more senior talent who live in the northern suburbs.

In our investigation of the Bay Area, we found that dissecting the broader urban office market into submarkets revealed neglected investment opportunities.

Strong competition in Manhattan and the Prospect Park submarket of Brooklyn may push more buyers to Queens, but there is a pull factor as well.

Since the launch of eSentral, several independent stores have opened up aiming for a smaller submarket and offering ebooks both in local languages and English.

Your portfolio now includes an approximate $ 3,125,000 senior secured loan, which will go toward the acquisition of a 28,680 sq ft site in the Highland Park submarket of Los Angeles.

However, despite some of the challenges around the execution, we continue to feel good about the deals and their fundamentals; our basis is below replacement cost and comparable sales, the submarket has strong local demand drivers, we have some positive leasing momentum, we have a great team in - place, there is plenty of capital reserves, and we maintain low leverage and a great relationship with our lender etc..

We are located approximately 20 miles north of downtown San Diego in the Del Mar submarket.

We believe that if we help aggregate information for creators (and dedicated consumers) of these submarkets, and then help them form communities through in - person events, networks, and shared knowledge, then everyone benefits.

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.

For one, the best suburbs historically have outperformed urban submarkets in terms of both rent growth and investment returns, as we laid out at length in this research article.

Parkway owns and operates high - quality office properties located in attractive submarkets in Houston.

«We're seeing declines in rents for the most expensive Bay Area neighborhoods, as well as slowing rent growth in San Jose submarkets.

The midtown submarket, which includes South End, and uptown in particular have significant new supply coming online.

Investor and developer working primarily in the emerging submarkets of the Washington, DC Metro Area; Baltimore, Maryland; and Richmond, Virginia.