Sentences with phrase «percent occupancy»

Built in 1987, the facility averaged 48 percent occupancy prior to the sale.

All four communities were built in the last eight years, and averaged 95 percent occupancy over the past 12 months.

Completed in 2003, the property is currently 98 percent leased and has averaged 97 percent occupancy throughout the past decade.

The company achieved a 96.1 percent occupancy rate among the Campus Advantage - controlled housing portfolio for the school year while delivering an average effective rental increase of 3.5 percent, 100 basis points higher than the 2014 - 2015 leasing season.

Beginning on May 1, those who operate an Airbnb in Fulton and Cayuga counties will have to pay a 4 percent occupancy tax on their short - term rentals.

The city created the 50 percent occupancy requirement, but some members of the Common...

It is difficult to extrapolate what effect an 81.8 percent occupancy level could have across the board on seniors housing and care properties, he adds.

Apartments and hotels are at 90 to 95 percent occupancy already, said Williston's Development Services Director Mark Schneider.»

For example, we have 92 percent occupancy for May, 80 percent already for June.»

MINNEAPOLIS — Stadium Village Flats, a mixed - use property located in Stadium Village, has reached 100 percent occupancy in its retail space with three recent leases.

Chuck Harry, NIC's director of research and analysis, says the industry is still far from the peak of the 91.9 percent occupancy seen in the second quarter of 2006.

Located prominently on Lexington Avenue across the street from Grand Central Terminal, the class - A property has enjoyed 100 percent occupancy since its development in 1987, and the original anchor tenants, Simpson Thacher & Bartlett LLP and CIBC, continue to occupy the building.

Etkin Johnson Group has also seen great success in leasing its existing portfolio, at 93 percent occupancy excluding new acquisitions.

Properties with greater than 90 percent occupancy experienced a decline in occupancy during the same period.

He doesn't intend for the Asbury to become a summer - only destination, either, with his business plan allowing the hotel to thrive on just 50 percent occupancy off - season.

Although supply is being added yearly, there is still 96 percent occupancy nationally for the 2015 - 2016 academic school year, Errath says.

The property has attained 95 percent occupancy of its 436 units...

The company achieved a 96.1 percent occupancy rate among...

Clifton Park received approval last week by the state Senate and Assembly to levy a 1.5 percent occupancy tax on hotel rooms, but the bill needs the governor's signature.

The city created the 50 percent occupancy requirement, but some members of the Common Council argue the proposed 31,000 - square - foot BioLink project should be an exception to the rule.

But 49 percent of the acquired portfolio's occupied square footage will roll over in the next 27 months, and Tanger needs to effectively lease 1.5 million extra square feet just to maintain its current 93 percent occupancy level.

Apartments and hotels are at 90 to 95 percent occupancy already, Schneider said.

«I figured that if we could rent rooms for $ 25 at 75 percent occupancy, we'd make $ 30,000 a month in profit,» Fuks says.

The lease brings the three - building Class A creative office campus jointly owned by Rockwood Capital and Marshall Property & Development to 94 percent occupancy.

The lease brings the 405,000 - square - foot building to more than 87 percent occupancy.

Westrec Vice President Scott Stevenson said he hopes to address concerns, but he believes the 99 percent occupancy rate is evidence that boaters have been pleased with the company over the last 12 years.

Officials at the county level are exploring various strategies to collect a 3 percent occupancy tax from tourists who rent private homes for brief periods through websites such as Airbnb and Homeaway — and they want those property owners to know they may be legally obligated to tax their guests.

Meanwhile, Saratoga County levies a 1 percent occupancy tax, which Barrett said the town doesn't share.

Rye — the first municipality in Westchester County given the authority to levy the 3 percent occupancy tax back in 2006 — generates approximately $ 80,000 in annual revenue from the tax.

Rye — the first municipality in Westchester County given the authority to levy the 3 percent occupancy tax back in 2006 — generates approximately $ 80,000 in annual revenue from -LSB-...]

County Comptroller Elliott Auerbach in 2016 first raised the prospect of cashing in on the short - term rental business by levying on those rentals the same 2 percent occupancy tax now charged to patrons of the county's hotels, motels and bed - and - breakfast establishments.

A: No, I'm not going to have precisely $ 600.00 in repairs annually, nor will I have exactly 92.00 percent occupancy.

We opened the BEST WESTERN PLUS Condado Palm Inn & Suites two years ago and feedback from our guests and the level of bookings have been tremendous; in the first quarter of 2015 our bookings achieved 98 percent occupancy — the highest in San Juan,» said José M. Suárez, president, International Hospitality Enterprises.

Puerto Morelos, Q.R. — Puerto Morelos experienced a near full capacity over the long holiday weekend with reports showing an above 90 percent occupancy rate.

The newly constructed project was still in the midst of its lease - up with an 86 percent occupancy rate at the time Kimco bought the property in late 2010.

In 2010 about 65 % and now we are around 75 to 80 percent occupancy on average throughout the year.

Even in a market with a 96 percent occupancy, like medical office buildings in Seattle, tenants are asking for rent concessions, says Paul Carr of CB Richard Ellis.

But he noted that his REIT's portfolio — featuring Sunoco, Mister Car Wash and LA Fitness as the biggest tenants — boasts a 99.0 percent occupancy rate.

The financing recapitalized a prior all - cash acquisition by a partnership of Capstone Realty Group and the KABR Group and provided funding to complete a renovation and delivery of space to two new tenants, Liberty Mutual and FBR Group, which will bring the property to 92 percent occupancy.

The building's eight floors of office space are already at 100 percent occupancy, but the developers have yet to announce any commitments from the upscale retailers they are hoping to attract for the mall.

The Oakmont of San Jose opened with 80 percent occupancy and the operator consistently opens properties with 80 - 85 percent occupancy rates.

At the Windward Mall, a 530,000 sq. ft. center located on the northeast side of Kanehe, leases range from $ 1.50 per sq. ft. to $ 2.50 per sq. ft.. The center caters strictly to local traffic and has a 93 percent occupancy rate.

Cushman & Wakefield estimates that even with a delivery of 11.84 million sq. ft., using a conservative scenario of 80 percent occupancy rate upon delivery, the vacancy rate stands to rise to 11 percent.

Westgate Shopping Center currently has a 94 percent occupancy rate.

MILWAUKEE — Hallmark Gold Crown has signed a lease to occupy 3,368 sq. ft. at the Shoppes at Fox River Phase I, bringing the Waukesha retail development to 100 percent occupancy...

The Cadillac portfolio — comprising 5.3 million square feet with a 91.3 percent occupancy rate — will provide the testing ground.

- ft. skyscraper, which has a whopping 97.8 percent occupancy rate, is home to several government offices, including the Washington State Housing Finance Commission and local bureaus of the Food and Drug Administration and U.S. Customs and Border Protection.

400 East Pratt currently stands at 143,750 square feet of office and ground floor retail space with just over 65 percent occupancy.