Sentences with phrase «on retail vacancy rates»
«The projected imbalance between net absorption and completions will increase the upward pressure on retail vacancy rates, as well as on concession levels for new and renewing tenants,» Chandan says.
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With a reputed vacancy rate of less than 2 % on more than 40 million square feet of industrial, office and retail property in the GTA, the company is known for moving fast, despite the high - octane distraction of the Canadian Tire Motorsport Park, Fidani's pet project.
Richard Wagman, founder of Madison Capital, didn't sugarcoat that the city's toniest retail corridor on Upper Fifth Avenue is currently stuck with vacancy rates north of 15 percent.
In Cincinnati, the vacancy rate reached 12.3 percent in the second quarter due to a glut of retail space that came on the market in the first half of 2006 and has proved hard to rent.
For example, Boston - based Property & Portfolio Research (PPR), has some of the most bearish projections on retail real estate, expecting the national vacancy rate to climb 17.3 percent, while projecting rents to 5.6 percent.