Sentences with phrase «percent vacancy»

There's a vacancy gap as well, with only 10 percent vacancy for trophy space, compared to 15 percent for the rest of the market.

If you can't survive 25 - 50 percent vacancy for the first few years, you probably can't afford to keep the mortgage on your first property.

There was a 9.1 percent vacancy rate in 2013, according to the group, and moreover, vacancies are quickly filled.

... On the use of an apartment as a campaign office, in the Harlem building where he lives, he rented it at the invitation of the landlord at a time when there was a 20 percent vacancy in the building.

While the delivery of these developments resulted in an increase in transit - oriented vacancy, absorption within 500 meters of rapid transit stations over the last 12 months was 522,369 square feet compared the 2.5 percent vacancy increase and comparatively minimal new construction in those areas not serviced directly by rapid transit, indicating that tenant demand for office space near rapid transit stations has not diminished.

Tenant advocates and public officials have long criticized the 20 percent vacancy allowance.

Using a 25 percent vacancy computation, the lender would credit you for 75 percent of the rent — or $ 1,350 per month.

District of Columbia retained its title as the tightest market (as measured by lowest vacancy rate) with a 9.4 percent vacancy rate at the end of the third quarter of 2014, down 20 basis points from one year ago.

JLL is forecasting that class - A - plus product will see a 7 to 10 percent vacancy increase, reaching the low - 20 percent in the next 15 months.

Detroit's industrial sector has surged right along with the success of the national market, and strong automotive sales and lack of new construction have pushed the city to a new low of 6 percent vacancy in the second quarter...

The «moderate» mainline denominations — including the United Methodist Church, various Lutheran denominations, the Disciples of Christ, the American Baptist Churches and the Reformed Church — show a 10 percent vacancy rate.

The other is the Beacon Correctional Facility, a female, minimum - security prison, which he says has a 53 - percent vacancy rate.

In November 2007 he agreed to list a commercial office building that had three stories, no elevator, a 19 percent vacancy rate, and numerous properties for sale within a 2 - mile radius.

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.

With a 40 percent vacancy rate and shoddy maintenance, a Louisville practitioner knew it would be a challenge to sell this multifamily building.

Property values in the area were depressed, the building had a 40 percent vacancy rate.

Commercial real estate services firm Transwestern recently released a study that claims crane - served industrial buildings are at 10 percent vacancy or less as the economy has picked up and the automotive industry is seeing record vehicle sales.

He says CBRE plans to release third quarter data soon that lists Detroit class - A office vacancy at about 15 percent, a vast improvement over the more than 30 percent vacancy rate the city registered during the recession.

Only 157 of the 1,908 U.S. big - box facilities are currently empty, and even though another 20 million sq. ft. of new space is delivered each quarter, these properties have only a 7.4 percent vacancy rate.

The city, which saw vacancy of 9.8 percent vacancy in the third quarter, is expecting 4.5 million sq. ft. of new office supply this year.

When running the numbers for a specific property, always account for 8 - 10 percent vacancy, realistic rent computations, and monthly maintenance.

That beats the national vacancy rate of 15.8 percent, according to Reis, which calculates Atlanta with an 18 percent vacancy rate and Austin at a tighter 12.2 percent.

The Colorado Boulevard submarket was at a drum - tight 1.8 percent vacancy.

In this way, properties and apartments get maximum visibility; in fact, this approach is so effective that they've consistently helped outside property managers and landlords achieve an astonishing low zero percent vacancy rate.

Using this approach in combination with the power of social media, the Boston Pads team has helped landlords all over the Greater Boston Area achieve a zero percent vacancy rate through property management specialty companies.

The area's 71.3 million square feet of community / neighborhood centers (often anchored by grocery stores) had a vacancy of 7.9 percent; the 5.3 million square feet of power centers (typically big box and category killer stores) had a 1.8 percent vacancy; and the 10.7 million square feet of unanchored strip centers had a vacancy rate of 11.2 percent.

Join our growing network of West Roxbury Landlords and start on the path to a zero percent vacancy rate.

- ft. market, currently have a vacancy of 12.4 percent, much lower than the 15.1 percent vacancy rate for the city's class - A market, according to a recent report from commercial real estate services firm Transwestern.

The Long Island market is especially tight for industrial space, with a 3.4 percent vacancy rate and absorption of 1.2 million sq. ft. year - over-year as of the first quarter, with only 500,000 sq. ft. under construction.

Still, Trumbull represents an extreme — according to a 2017 office space market analysis by Cushman & Wakefield, the town's 44 percent vacancy rate is highest in the region.»

Northeast of Orlando, Jacksonville has an 8 percent vacancy rate, up from 6 percent in 1994.

Compared to Downtown Brooklyn's 3.4 percent vacancy rate at the end of the second quarter, Midtown Manhattan's vacancy rate stood at 8.9 percent and Lower Manhattan's at 10.3 percent, while the notoriously tight Midtown South market's vacancy rate was 6.2 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.

For example, Seattle faced a 20 percent vacancy rate in parts of its Chinatown and Pioneer Square neighborhoods when it turned to pop - ups.