Sentences with phrase «lowest vacancy rates»

The Orange County industrial market closed Q2 2015 with a vacancy rate of 2.0 percent, down 30 basis points since Q1 2015 and the lowest vacancy rates have been since Q4 2000 when the vacancy rate was 1.3 percent.
The top nine strip centers with the lowest vacancy rates are in California or the New York City suburbs.
Even if the cities with the lowest vacancy rates right now will see those rates go up as new buildings open in 2017 and 2018, markets such as Seattle, Atlanta, Houston, Dallas, Phoenix and Philadelphia should see vacancy rates remaining low as not as much new construction is planned in those cities.
Tech - heavy markets such as San Francisco have experienced the strongest demand, and boast the lowest vacancy rates, according to JLL.
This acquisition is a strong one for JRK Investors as the Seattle region features some of the lowest vacancy rates and the highest rent growth in the nation right now.»
Prior to that, Downtown Vancouver, which consists of 22.7 million square feet of office space, had posted one of the lowest vacancy rates of any metropolitan core in Canada for the past decade.
North Tucson, comprising Northeast Tucson (3.8 %) and Oro Valley / Catalina (4.7 %) reported the lowest vacancy rates.
The metropolitan areas with the lowest vacancy rates were San Jose, Calif. (0.23 percent); Fort Collins, Colo. (0.24 percent); Lancaster, Pa. (0.26 percent); Manchester, N.H. (0.31 percent); and Provo, Utah (0.34 percent).
The lowest vacancy rates were in Vancouver and Kelowna (1.0 per cent), Guelph, Ont.
For instance, Nashville has one of the lowest vacancy rates for office — 7.7 percent, I think.
In New York City, Midtown Manhattan and Midtown South had two of the lowest vacancy rates in the country, at 7.8 percent and 6.2 percent, respectively.
That creates a big demand for rental properties, resulting in one of the lowest vacancy rates in the country and slowly rising rent prices.
This was unsupported by evidence other than localised increases in real rents in both Perth and Sydney, which also had the lowest vacancy rates of all capital cities at the time.
«Despite the fact that Metro Vancouver has one of the lowest vacancy rates, we're still the third-most affordable in North America, which would suggest that perhaps we've got some runway in terms of rental - rate appreciation,» Trepp said while leading a panel discussion on the office market.
Construction permits in San Jose are hard to get, and the area already has the lowest vacancy rate of all the metro areas surveyed, so there is little wiggle room to accommodate tens of thousands of new workers in an affordable way.
That in turn lowers the vacancy rate and puts upward pressure on Vancouver's rental 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.
With a low vacancy rate and too little permitting, Amazon's new HQ2 presence would increase rents an additional 8.8 percent over 10 years.
The move was aimed at addressing low vacancy rates and cooling skyrocketing prices.
With the lowest vacancy rate of the 15 metros studied, the San Jose metro has very little slack to incorporate the additional workers.
Sydney real estate is going through significant regeneration, which coupled with ongoing light rail works have resulted in very low vacancy rates of around 4 % in commercial office space.
«On the other hand, investors are planning to hold onto their rental properties for at least eight to ten years and realize the benefits of rising rents and low vacancy rates.
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.
Today, State Assemblymember Brian Kavanagh and State Senator Daniel Squadron released the following statement in response to the U.S. Department of Housing and Urban Development (HUD)'s decision that changes to the Section 8 Small Area Fair Market Rent (SAFMR) policy — which could have had severe unintended consequences for NYC Section 8 tenants — will not apply to cities with low vacancy rates, like NYC.
«As we continue working with HUD on increasing affordability and other critical housing goals, we appreciate that HUD heard our request for a policy that takes into account the unique needs of NYC, and other cities with low vacancy rates, and that the unintentional but real harm posed by the proposed SAFMR rule will be averted.
«Despite a tightening labour market, trainee teacher recruitment is holding steady - with low vacancy rates in priority subjects like maths and science.
Milwaukee has the lowest vacancy rate among the largest cities in the United States.
Right now most major cities, including Toronto, have low vacancy rates, extremely high rent and an affordable housing crisis.
Provincial Finance Minister Mike de Jong says he unveiled the tax as part of legislation aimed at addressing low vacancy rates and high real estate prices in southern B.C.
Revenues are likely to grow in areas that are seeing increased rents and low vacancy rates — namely Calgary and Edmonton.
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.
We figured that a low vacancy rate suggests residents in a particular area have more interest in renting (though it could also mean a low proportion of rental properties).
The city has a fairly low vacancy rate of 3 %, with rent on a two - bedroom apartment averaging $ 1,060 a month.
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 two main factors driving home price appreciation are low inventory and a low vacancy rate among owner - occupied housing.
Rising rental rates signal a market where demand is strong enough to absorb the increased prices, while low vacancy rates suggest there is enough pent up demand, which should make it easy to attract renters.
For this category we're looking for cities with a high rent increases and low vacancy rates.
Rising interest rates and growing inventory are offset by low vacancy rates and strong employment levels.
Lower vacancy rates mean lower costs and fewer headaches for landlords and real estate agents.
It means Airbnb's popularity could be contributing to the critically low vacancy rate, which is, in turn, driving up rents.
In addition, the market has favoured landlords due to low vacancy rates until only very recently.
If you're among the 35 million American households who rent, here's some good news: the red - hot rental market of the past couple of years — fueled by home foreclosures, the uncertain housing market, and low vacancy rates — appears to tapering off.
California has a very low vacancy rate, meaning that it's a great place to be a landlord.
Two factors supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied housing.
On the commercial side, all sectors are expected to see lower vacancy rates as occupancy demand rises with job growth.
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.
In cities with low vacancy rates, the system can suggest raising prices.
- ft. market outperformed both Palm Beach and Broward Counties with the lowest vacancy rate (7.01 %) and highest average rental rate ($ 19.06 per sq. ft.) in South Florida, according to Trammell Crow Co.'s MarketScope 2000.
Miami - Dade's Kendall submarket boasts a particularly low vacancy rate, which has spurred development of several new projects, including Columbia, Md. - based The Rouse Co.'s 1.3 million sq. ft. Kendall Town Center and locally based Prime Sites Inc.'s 300,000 - sq.
«Each market has its own nuances, but the national trend is positive absorption and lower vacancy rates, with steady rental growth.
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