Sentences with phrase «percent retail vacancy rate»

The borough has 1.3 million people and a 4.5 percent retail vacancy rate.

Not exact matches

With high retail vacancies in Southwestern Ontario and an unemployment rate of 9.6 percent in Windsor, Ontario, a stronger and more profitable retail sector should be desired, not feared.

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.

The vacancy rate for downtown retail space dropped to 12 percent, from 14 percent in 2008 and in about the same time, retail sales in the village have also increased from $ 977 million to about $ 1 billion.

For Westchester County, the retail vacancy rate at the end of the second quarter was 4.5 percent, unchanged from a year ago, according to Admiral Real Estate Services.

Retail vacancy rates are projected to decline from 12.9 percent in the third quarter of this year to 12.2 percent in the third quarter of 2012.

The vacancy rate for industrial space is expected to decline 1.1 percent to 7.8 percent, and retail availability is to decrease 0.4 percent to 11.4 percent.

To the north, Fort Lauderdale has retail vacancy rates approaching 16 percent, due to the closing of 23 anchor stores in the past year, reports The Sterling Cos., Palm Beach, Fla..

By contrast, the retail sector's vacancy rate for 2003 is pegged at 8.1 percent and apartments at 6.7 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.

Compare that to the office sector's 17.5 percent vacancy rate and industrial's 17 percent, and it's easy to see that retail properties are propping up the market during the current economic downturn.

That low supply, coupled with demand from better - performing retailers for quality space, helped push rents across all types of retail real estate higher and vacancy rates down to about 10 percent at the end of 2015 from 11.1 percent in 2011 — as retailers slowly shrugged off the recession's vacancy spike.

Vacancy rates in the retail market are expected to decline from 9.7 percent currently to 9.5 percent in the first quarter of 2016.

Currently, the markets with the lowest retail vacancy rates include San Francisco, at 3.0 percent; Fairfield County, Conn., and San Jose, Calif., at 4.5 percent; Long Island, N.Y., 4.9 percent; and Orange County, Calif., at 5.0 percent.

The vacancy rate for industrial space is expected to decline 0.4 percent and retail space 0.3 percent as manufacturers boost production for goods and services and consumers slightly accelerate their spending.

The vacancy rate in the retail sector is expected to be at 10 percent by year - end and to trend a bit upward heading into 2018, according to Barbara Byrne Denham, senior economist at real estate research firm Reis.

Data from the National Realtors Association and Reis shows that retail vacancy rates are expected to dip slightly to 11.2 percent in the fourth quarter of 2016, from 11.5 percent in the third quarter.

Presently, markets with the lowest retail vacancy rates include Fairfield County, Conn., at 3.9 percent; San Francisco, 4.0 percent; Long Island, N.Y., 5.2 percent; and Northern New Jersey at 5.3 percent.

Markets with the lowest retail vacancy rates currently include San Francisco; Miami; Honolulu; and Long Island, N.Y., all with vacancies in the 7 to 8 percent range.

Retail vacancy rates are expected to slip from 13.0 percent in the first quarter of this year to 12.9 percent in the first quarter of 2012.

The Kansas City metropolitan area had a retail vacancy rate of 9 percent in the fourth quarter and the national rate was 6.8 percent, according to Washington - based research company CoStar Group Inc..

Retail vacancy rates are estimated to ease from 10.5 percent in the second quarter of this year to 10.2 percent in the second quarter of 2014.

Presently, markets with the lowest retail vacancy rates include San Francisco, 3.6 percent; Fairfield County, Conn., at 4.1 percent; and Long Island, N.Y., and Orange County, Calif., each at 5.3 percent.

The vacancy rate for industrial space is expected to decline 1.3 percent to 7.1 percent, and retail availability to decrease 0.7 percent to 11.2 percent.

Retail Markets Vacancy rates in the retail market are expected to decline from 9.8 percent currently to 9.6 percent in the third quarter ofRetail Markets Vacancy rates in the retail market are expected to decline from 9.8 percent currently to 9.6 percent in the third quarter ofretail market are expected to decline from 9.8 percent currently to 9.6 percent in the third quarter of 2015.

The national retail vacancy rate was 12.5 percent in the first quarter of 2010, compared with 12.1 percent in the first quarter of 2009, according to CBRE.

; • Vacancy rates are expected to drop in a range of between 1.2 and 3.7 percentage points for office, retail, and industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.

Further, the vacancy rate in the industrial space is predicted to drop 1.3 percentage points to 7.1 percent, while retail space availability will likely drop slightly by 0.7 percentage points to 11.2 percent.

Overall, the vacancy rate for retail space fell to 10.9 percent from 11.0 percent last quarter.

As a result, retail property fundamentals will take a hit in 2009 — the vacancy rate is expected to peak next year at 17.3 percent, according to PPR, while rent growth will decline 5.6 percent, after a 3.6 percent decrease projected for this year.

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.

Presently, markets with the lowest retail vacancy rates include San Francisco, 3.7 percent; Long Island, N.Y., and Northern New Jersey, each at 5.7 percent; and San Jose, Calif., at 6.0 percent.

The borough's retail vacancy rate is currently 0.4 percent, with The Macerich Co.'s Queens Center and Simon Property Group's Roosevelt Field in nearby Garden City, Long Island, attracting the lion's share of national tenants.

National vacancy rates in the office sector are set to decrease to 12.1 percent, while those in the industrial space and retail sectors are set to decrease to 7.1 percent and 11.2 percent, in order.

In Walnut Creek, Calif., for example, the retail vacancy rate is now just 2.5 percent and rents are high enough that developers can justify building new properties, according to John Sechser, senior vice president and director of retail properties with Transwestern.

Vacancy rates in the retail market are expected to decline from 9.8 percent currently to 9.6 percent in the third quarter of 2015.

Retail vacancy rates are forecast to slide from 10.7 percent in the first quarter of the year to 10.4 percent in the first quarter of 2014.

Currently, the markets with the lowest retail vacancy rates include San Francisco, at 3.5 percent; Fairfield County, Conn., 3.9 percent; San Jose, Calif., 4.6 percent; Long Island, N.Y., 5.2 percent; and Orange County, Calif., at 5.3 percent.

Further north in West Palm Beach (Palm Beach County), the retail vacancy rate was 6 percent at the end of 1996, according to The Sterling Cos..

Presently, markets with the lowest retail vacancy rates include San Francisco, 3.5 percent; Fairfield County, Conn., at 4.2 percent; and Orange County, Calif., 5.2 percent.

In 2009, retail tenants at downtown shopping centers and strip malls in metropolitan areas across the country faced a 10.6 percent vacancy rate, up substantially from 8.9 percent the year prior.