Sentences with phrase «rent per square foot»

These properties can add an excellent income stream to your operation as they generally command more rent per square foot than a home or apartment.

«Demand for commercial real estate always revolves around which product type is doing better or worse but also on market demand, current supply, new construction, the age of existing stock and the rent per square foot for existing real estate versus new construction.

At Glimcher properties, for example, average rent per square foot slipped 0.7 percent to $ 26.82, from $ 27.01 in the second quarter of 2009.

Rent per square foot: Divide the rent of a unit by the total number of square feet of that unit.

Pantano said he did not know that exact rent per square foot, but that it was market value for Class A office space.

Most commercial properties bring in a higher rent per square foot of space.

Urbanation monitors activity in condominium projects that are proposed, in development or have been built, to generate key market metrics such as total sales, listings, unsold inventory and average prices and rents per square foot.

Acadia primarily buys older real estate with low rents per square foot in relation to sales, Bernstein explains, so it could sustain a 10 % to 20 % drop with the location still being profitable.

Not exact matches

The report from Nested, a UK startup that helps people sell their house, looks at the cost of renting — per square foot — in 72 cities worldwide, as well as what salary is required to foot the rental bill.

With rents averaging $ 3,000 per square foot a year, retailers in the area near Trump Tower pay more than they do anywhere else in the world, according to real estate firm Cushman & Wakefield.

Your first order of business is to negotiate the term, or duration, of the lease and the rent you will pay, which is usually figured per square foot.

Midtown Manhattan asking rents fell 0.9 percent in the fourth quarter from a year earlier, to $ 76.42 per square foot, as landlords had to offer incentives to fill space in older buildings, according to brokerage Savills Studley.

Sure, the rents generally aren't cheap on a per - square - foot basis (sorry, I'm in real estate), but there are so many options that you can find the right fit on almost any budget.

Apparel store rent can run as low as $ 8 per square foot in certain parts of the country, and close to $ 40 per square foot in big malls or shopping centers in high - traffic areas or in higher - rent metropolitan areas, like New York City, Los Angeles, Chicago and Dallas.

At $ 153 per square foot per year, commercial rents in Manhattan rank just behind Hong Kong as the second most expensive in the world!

Even today the typical anchor store pays around $ 4 per square foot in annual rent; the average non-anchor tenant paid $ 42.22 per square foot a year as of the third quarter of 2016, according to real estate analytics firm Reis.

But with rents on upper Fifth averaging US$ 3,000 per square foot, «you want to be selling enough that you are at least offsetting a good chunk of that rent.»

That price is significantly above the overall asking rent in Midtown South, which was $ 56.60 per square foot in August, up by 4 cents from July, Colliers figures showed.

That is far above the average asking rent for Midtown, which was $ 75.20 per square foot last month, compared with $ 74.59 per foot the prior month, Colliers figures showed.

The average asking rent for Downtown was $ 50.02 per square foot, up by $ 1.11 per foot from July, while the availability rate fell by 0.3 points to 12.5 percent, the Colliers statistics revealed.

Technically, the property lies within the Fifth / Madison office corridor, where average asking rents are in the low $ 80s per square foot, according to CBRE.

Effective rents, or what tenants pay after landlord incentives such as a free month are included, rose to $ 22.72 per square foot from $ 22.66 in the first quarter and $ 22.27 a year earlier, Reis said.

To justify the $ 17,570 - per - square - foot price, the investors would most certainly have to rent the 106 Spring Street space to a luxury fashion brand — the type that speculative investors once thought would pay north of $ 1,000 per square foot on the pricey stretch.

Most Brooklyn neighborhoods experienced an increase in the average price per square foot for mixed - use assets as investors anticipate the potential for strong retail rent growth.

For example, lower Fifth Avenue between 42nd and 47th streets — which is home to H&M's COS line, the NBA Store and Adidas — saw rents grow by 225 percent to $ 1,366 per square foot at their peak, CBRE's data show.

The space had a $ 400 - per - square - foot asking rent.

High - end construction, rooftop views of the High Line and even rents in the high $ 70s - per - square - foot range are luring office tenants to the trendy Meatpacking District,...

Midwood Investment has owned the building since 1998, and with a low basis was able to rent it out with an asking price of $ 850 per square foot.

With that tightening, has come an increase in rent and Moore says some gross rents are almost $ 60 per square foot, unprecedented for the Vancouver market.

The asking rent was $ 75 per square foot, the New York Post reported.

In February, the owners landed the luxury fashion designer Coach as a tenant for a 10 - year lease with a rent of about $ 4,000 per square foot.

And in recent years, buyers have been more willing to dig deeper into their wallets and accept higher per - square - foot prices — forcing them to find tenants willing to pay high rents to justify their purchases.

The asking rent was at least $ 80 per square foot, according to Crain's.

The Downtown market was the only one to see a decline in asking rents, with average prices falling by $ 0.11 per foot to $ 44.85 per square foot.

CoStar estimated the rent for the space to be $ 55 per square foot.

We also looked at 2015 commercial prices of electricity from the Energy Information Administration (EIA) and the 2014 costs of purchasing and renting industrial, office, and retail space per square foot from CoStar Group Inc..

Rent for these locations will typically vary from $ 10.00 to $ 35.00 per square foot per year.

Our projections therefore assumed that the center had 5,000 square feet, and that the gross rent paid was $ 17.94 per square foot per year.

We live in Germany, spending roughly 60k per year, including the rent for a 1000 square feet apartment in a good location (but in a rather small city, only 400k people), a nice car and going on vacations for the full five weeks we have off work.

These will include heating and electricity, phone and internet fees, rent and business rates which are calculated per square foot and so this factors in the space needed to hold stock, as well as staff costs.

In addition, Crain's reports that the asking rent for Vornado's 145,000 square foot office building was $ 150 per square foot, more than double the average office rent in Manhattan.

The New York City Investment Fund has committed up to $ 5 - per - square - foot, 15 - year rent credit, available through the Empire State Development Corporation's World Trade Center Rent Reduction Progrent credit, available through the Empire State Development Corporation's World Trade Center Rent Reduction ProgRent Reduction Program.

IBM's rent will be $ 66.54 per square foot, with a 3 percent annual increase, which means the rent starts at $ 136,610 annually.

The apartments would range from 750 to 1,250 square feet in size, with an average rent of $ 1,500 per month.

The retail space is approximately 2,500 square feet and rent at the apartments range anywhere from $ 925 - $ 1,500 per month which includes geothermal heating, which does not use natural gas.

The 500 - square - foot space rents for $ 750 per month, a cost divided among Genspace's members.

Real estate consulting firm Urbanation says average condo rents in Toronto rose to $ 2.53 per square foot, or $ 1,891 a month, in the three months ended March 31.

The steep fee paid per night to rent one of two 3,000 - square - foot Ambergris Caye beach villas promises a range of amenities.

We have 18 live / work units left ranging in size from 1060 to 1600 square feet, these are rentals and rents range from $ 1035 to $ 1575 per month plus electricity and water... heat is included as are two parking spaces.

The average cost across the city per square foot three years ago was just under # 14; some studios, such as at Space's Deborah House in Hackney, have seen their rent rise almost 50 % since then — policy shift or no those rents won't be coming back down again anytime soon.