Occupancy rates of the retail REITs were as high as 96.3 percent in late 2014, and may well be near there again next year.
Both property types showed improvement from the 2Q11
occupancy rates of 87.5 % and 88.5 %, respectively.
Coon Rapids and Maple Grove, two cities a few miles north of Minneapolis, rank second and third in
occupancy rates of all U.S. cities with 50,000 or more residents.
The centers will also have to come with in - place
occupancy rates of at least 80 percent, according to John Bessey, president of Phillips Edison - ARC Shopping Center REIT.
This is reflected in the strong demand it has been experiencing with consistently high
occupancy rates of more than 80 per cent and the numerous industry awards received.
Meanwhile July recorded average
occupancy rates of 50 percent versus 48 percent last year.
The Cancun Convention & Visitors Bureau has announced Cancun hotels recorded
occupancy rates of 93 per cent in the first half of 2015; this represents a year on year increase of 2.5 per cent.
The result is
an occupancy rate of 95.5 %.
According to the company, hotels have an average
occupancy rate of 65 %, meaning 1 in 3 rooms are typically going to waste.
Occupancy rate of all properties declined 40 basis points to 93.1 %.
Occupancy Rate of Space Leased, Total - % represents the Company level
Occupancy Rate of Space Leased, as reported by the company.
The occupancy rate of the property portfolio was 97.3 %.
Its special counsel for the project, attorney William Weir, said the study would determine, among other things, whether the hotel would boost tourism in the county or just «cannibalize» the existing hotel market, which has an average
occupancy rate of 65 percent.
The company is able to manage an overall
occupancy rate of 98.3 % by offering attractive rents on long - term leases to large and stable retailers.
The number of hotels and hotel apartments also grew 16 per cent, while hotels sustained a healthy
occupancy rate of 71.7 per cent on average despite the increase in number of hotel rooms.
«In October,
the occupancy rate of non-star hotels [near Dasa Temple in] is usually about 50 percent, but it is currently at 60 percent,» said Tjokorda as reported by tempo.co, adding that October was customarily a slow season for tourism
A single
occupancy rate of $ 150 does apply.
«We have not yet completed our data from October up to this moment but when we got our data from the time we were announced as the winner in the new 7 Wonders of Nature, I would safely say that
the occupancy rate of all tourist accommodations in Puerto Princesa is almost 60 percent,» Labit said.
The property brings in between 34k and 45k each year and has a constant average
occupancy rate of 50 percent....
At Singapore's Resort World Sentosa in 2015,
an occupancy rate of 92 % was achieved compared to an average of 85 % for the city.
During its initial run, Golden Chariot witnessed
an occupancy rate of 42 to 50 %.
To avail of this special summer offer by the Golden Chariot, the guests will have to pay INR 84000 per person per journey on triple occupancy basis whereas single
occupancy rate of the journey will cost INR 140000 per person per journey.
Indeed, tourism has increased with the weaker pound and therefore
the occupancy rate of hotels has increased.
Certified National Apartment Leasing Professional (NALP) who approaches the job with tenacity enthusiasm creativity and professionalism.Accurate financial record keeping targeted marketing and a higher than average
occupancy rate of 85 percent are a result of attention to detail and a highly developed sense of organization.
• Assisted owner in management of 25 individual properties comprising 30 units — 28 residential and 2 commercial, and successfully turned
occupancy rate of several distressed property from 40 % to 100 % within 1 year.
I have achieved an NOI increase of 28 % by rent increases while maintaining
an occupancy rate of 92 - 95 % which allowed for upgrades on building maintenance on all communities I have managed.
According to Highwoods CFO Mark Mulhern, its properties are enjoying an average
occupancy rate of 93 percent (an all - time high), thanks in part to big companies moving their Internet and technology departments to cities where the cost of living is lower than San Francisco or New York.
American Campus Communities (ACC) reported an average same - property
occupancy rate of 97.6 percent, with rents that grew 2.6 percent compared to the year before.
Equity Office reports that at the end of first - quarter 2002,
the occupancy rate of its portfolio registered 90.7 %, down from 93.7 % in third - quarter 2001.
At the time of the merger, Shurgard recorded
an occupancy rate of 84 % compared with 91 % for the Public Storage properties.
Right now, the portfolio features a weighted average
occupancy rate of 97.6 percent.
The properties, which have an average
occupancy rate of 91.3 %, will add nearly 5.3 million sq. ft. to Mills» portfolio.
The property has in - line tenant sales of nearly $ 500 per square foot and
an occupancy rate of more than 99 percent.
The average
occupancy rate of Post Properties declined more than five percentage points from 95.4 % in first - quarter 2001 to 90.3 %.
The six properties have an average
occupancy rate of 90 percent, and average sales per square foot of $ 328.
The property has in - line tenant sales of approximately $ 500 per square foot and
an occupancy rate of 99 percent.
That's
an occupancy rate of 97.2 percent.
The hotel portion of the building has had
an occupancy rate of about 70 %.
The portfolio has
an occupancy rate of 93 percent, a quality mix of 52 percent, a net operating income margin of 17 percent and in - place rent coverage of 1.3 x.
The most notable change evident to the general public is one of an alarming low
occupancy rate of these brand new high - rise condominiums versus a comparison to 2015.
Highwoods expects to achieve
an occupancy rate of between 91 % and 92.5 % by the end of the year, up from about 90 % at mid-year.
Rouse's retail space generates sales of $ 439 per square foot and has
an occupancy rate of 92 percent.
Retail REITs had
an occupancy rate of 95.8 percent in the fourth quarter of 2017, according to NAREIT data, notes Calvin Schnure, senior vice president of research and economic analysis at NAREIT.
Annapolis, Md. —
The occupancy rate of America's skilled nursing properties declined 0.8 percent in the fourth quarter of 2016 from 82.6 percent to 81.8 percent, its lowest level since the National Investment Center for Seniors Housing & Care (NIC) began collecting data in late 2011, according to its latest quarterly Skilled Nursing Data Report.
Still, New York's average monthly rents are by far the highest in the country at $ 3,269, and
its occupancy rate of 97.7 percent is the tightest anywhere.
The communities have a weighted average
occupancy rate of 95.7 percent, according to Yardi Matrix data from February 2018.
For example, an office building with 10,000 square meters of leasable space that has 9,000 square meters of occupied space will have
an occupancy rate of 90 %.
It recovered slightly from the five - year low
occupancy rate of 82.3 % in July, but still remained relatively weak.
For example, an apartment building of 100 units in total with 80 units occupied will have
an occupancy rate of 80 %.
Houston's November
occupancy rate of 94.7 % was the highest since September 2015, and the concession rate has dropped from 1.8 % in August, pre-Harvey, to 1.3 % in November.