Sentences with phrase «leasing vacant space»

A key question on many deals is whether buyers are adequately factoring into their prices the risks of losing tenants and the chances of leasing vacant space amid the slow recovery of demand for office space.

In the commercial real estate industry, Motionloft's technology has been able to gather data to help lease vacant spaces quicker and at a higher dollar amount.

Not exact matches

Each time, he took much more care before signing a lease: «If I find a vacant space I like, I spend a couple of days in the neighborhood, talking to proprietors of nearby businesses.

After shrinking the size of some of its stores, Kohl's plans to lease out the newly vacant space in its «right - sized» locations,...

The first floor space, which was considered as a general store, is still vacant, but he's so confident it will be filled, he's holding off leasing it as offices so that a new store will come to attract residents again to the town center.

The South Buffalo Democrat says while the former courthouse is vacant, the GSA is wasting money locally leasing space in private buildings for U.S. Bankruptcy Court, the U.S. Trustees, the Federal Defender and U.S. Tax Court.

Market vacant space to prospective tenants through the use of a leasing agent or by advertising or other means

Key Highlights: • Instrumental as an apartment and commercial leasing agent duties included, posting ads, showing vacant and occupied apartments and commercial spaces for rent, approval and signing paperwork.

His latest health club leasee is No Body Denied, which filled 21,500 square feet of space left vacant by Office Depot in the 75,000 - square - foot Echo Plaza in South Plainfield, N.J.. Most fitness centers require an expensive buildout, so a 10 - year lease is needed, Harding says.

«Landlords are really concerned about tenant stability and the time it might potentially take to lease up vacant space in their assets,» says David Bowden, Canadian president at Colliers International.

Mark Trepp of Cushman & Wakefield says, «I think this kind of contemporary approach to marketing a commercial space will help properties lease faster, which will mean less vacant space, and ultimately, more consistent revenue.

«All of those factors will be part of how you underwrite the deal and then you look at your 10 - year growth hold and combine it with the risk, and given the pressure on the economy, your likelihood of leasing up vacant space needs to be more conservative in your underwriting than it was in the past three years,» says Daniel Taub, COO and senior vice president of acquisitions with DLC Management Corp., a Tarrytown, N.Y. - based owner and manager of shopping centers.

«But some property values haven't rebounded to pre-recessionary levels because they have vacant space or they're leasing at lower rates.»

This can devalue the rest of the building's available space, such as leasing half of a floor with a better view, or leaving small spaces vacant.

«A portion of the loan proceeds will be used to fund the costs associated with the lease up of the remaining vacant space at the center which should be accelerated with the addition of 99 cents Only Store, which has signed a lease to occupy half of the former Albertson's space,» according to Karlin Real Estate Managing Director Larry Grantham.

If the market is soft, which means that there is lots of vacant space compared to the space demanded, then rents will be lower and the time needed to lease the vacant units will be longer.

Warehouse acquisition: In a two - step transaction, First Industrial Realty Trust acquired a vacant, 407,000 - square - foot warehouse in Bedford Park, and signed a 10 - year lease for 65 percent of the space with Olympic Oil Ltd., said A. Scott McGregor, senior investment officer with the real estate investment trust.

Another broker called him with 8,000 square feet of vacant space for lease.

Excess Space, with offices in Lake Success, N.Y., and Huntington Beach, Calif., specializes in selling or leasing underused, excess and vacant retail space and has worked with everyone from Fred Meyer and Winn - Dixie to Staples and BorSpace, with offices in Lake Success, N.Y., and Huntington Beach, Calif., specializes in selling or leasing underused, excess and vacant retail space and has worked with everyone from Fred Meyer and Winn - Dixie to Staples and Borspace and has worked with everyone from Fred Meyer and Winn - Dixie to Staples and Borders.

«Since 1995,» says Berkes, «We have dealt with 1.4 million square feet of space left vacant by bankrupt retailers and we have leased 95 percent of that space at cash - rent - increases of 27 percent.

The only thing the landlords may know, for example, is they have vacant space and they expect to get a certain amount per square foot when leasing.

Local politicians who decry the tax dollars spent on the project recently claimed that its vacant space is not being leased to retailers, as promised, but is earmarked for government offices.

He would like to get the vacant space market ready but to do the tenant improvements and pay a leasing commission will cost him more money than he has in his savings.

The space remains vacant because he tries to do the leasing himself to avoid paying a leasing commission.

Phillips Edison plans to enhance the center's value through addressing deferred maintenance, leasing currently vacant space, and re-merchandising the tenant mix.

The property's two tenants hold long - term leases, while an additional 8,000 sq. ft. of the space remains vacant.

That had seemingly led the retailer to sign leases wherever vacant space was readily available, rather than picking sites that matched its target demographics and waiting until desirable spaces opened up, Montgomery notes.

A variety of real estate fields employ leasing consultants, or salespeople, to promote properties and rent vacant space, such as office buildings, warehouses, apartments and houses.

While Target lawyers have said the property sale process sparked «robust» interest, industry insiders say a generally tepid response from retailers for Target leases, along with other chains» store closings, underscore the struggle among many landlords to fill vacant mall space.