Sentences with phrase «retail space reits»

These advantages have resulted in a significant performance advantage over most other retail space REITs.

In fact, Realty Income has a number of different attributes compared to other more typical retail space REITs as the chart below shows.

The differences are significant and provide Realty Income significant business advantages over typical retail space REITs.

Not exact matches

Mitchell Goldhar owes his fortune largely to Smart REIT, a retail and mixed - use real estate development company that boasts 31 million square feet of leasable space.

REITs invest in all types of commercial real estate, from hotels to apartments to assisted living facilities, storage facilities, office buildings, industrial space, retail space and more.

Real Estate (Retail) The «Retailpocalypse» has not been kind to REITs focused on commercial spaces.

The new REIT will have 752 properties with a total of 68 million square feet in retail, industrial and office space.

One REIT fund manager, who has been negative on retail REITs since summer, tells me that more than 52 million square feet of retail space was scheduled to be vacated in 2002.

Reports Jay McKelvey, assistant portfolio manager for the fund, «We continue to believe the market has overreacted, especially in the near term, since the quality retail space owned by REITs is increasing, which has caused a boost in retail sales per sq. ft. - an important measure of value.»

Indianapolis - based Simon, which controls 203 million square feet of retail space in 175 malls, 67 community centers and four mixed - use projects, has long been the No. 1 mall REIT.

In fact, Cleveland - based Developers Diversified Realty, a REIT that owns and manages some 163 million sq. ft. of retail space in the U.S., South America, Russia, Puerto Rico and Canada, has created a department to specifically hunt for troubled developers.

«All told, increasing consumer sales, greater demand for space by retailers and insufficient growth in new supply suggest that rents and occupancy will likely be rising at a healthy rate over at least the near term,» writes RBC Capital Markets REIT analyst Rich Moore.

The retail REIT owns 138 properties with a total of 12 million square feet of retail space in the Midwestern United States...

«Space lost to tenant bankruptcies and other store closings has gathered momentum, and, similarly, lease termination income rose for a number of companies in the space,» according to RBC Capital Markets» analysis of retail REIT performance for the third quaSpace lost to tenant bankruptcies and other store closings has gathered momentum, and, similarly, lease termination income rose for a number of companies in the space,» according to RBC Capital Markets» analysis of retail REIT performance for the third quaspace,» according to RBC Capital Markets» analysis of retail REIT performance for the third quarter.

However, there have been few recent transactions in the space lately, making it hard to determine where cap rates are moving, particularly as prices in other retail sectors — such as malls and power centers, for example — have taken a hit, says Jeffrey Edison, president and CEO of Phillips Edison & Co., a grocery - anchored REIT.

Commercial real estate transactions have surged over the past year as low interest rates made it cheaper for REITs and various private - equity buyers to purchase office buildings, retail space, industrial facilities, apartment communities, and health care properties.

«There's just too much demand out there for the amount of good space that's currently available,» says Richard Moore, a retail REIT analyst with McDonald Investments in Cleveland.

Outside of retail, REITS in the office and industrial space have healthier fundamentals and can expect to perform better, said Marks.

Talk of the demise of the shopping mall may be overdone, according to Fitch Ratings, which on Monday took a neutral stance on retail REITS, or real estate investment trusts, the entities that own and manage malls and rent space to tenants.

The mall sector's largest REIT, Indianapolis - based Simon Property Group, which owns 242 million square feet of retail space, reported a 10 - basis - point drop in occupancy at its regional malls to 91.7 percent and a 120 - basis - point decline at its community and lifestyle centers to 93.3 percent compared to the first quarter 2007.

The bifurcated effect on industrial and retail space is evident in REIT performance.

A REIT, Pan Pacific now owns 57 properties totaling more than 8.8 million sq. ft. of retail space.

Mall REIT tactics such as forcing retailers to take space in multiple properties doesn't work on the community center side,» he says.