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.
Retail vacancy in Nashville is approximately 6.5 percent, according to the local chamber of commerce.
As of first quarter 2016, average direct
retail vacancy in the Denver metro area was 5.8 percent, the lowest it's been in 18 years, according to a report from CBRE Research.
Not exact matches
With a reputed
vacancy rate of less than 2 % on more than 40 million square feet of industrial, office and
retail property
in the GTA, the company is known for moving fast, despite the high - octane distraction of the Canadian Tire Motorsport Park, Fidani's pet project.
These days, hardly a week goes by without a new report about struggling
retailers and rising
vacancies in Manhattan.
«When we have
vacancies, we obviously look to fill those spaces with
retailers in long - term brick - and - mortar opportunities,» Chasko said.
The recession has resulted
in several store
vacancies downtown, including empty
retail spaces on three of the four historic corners.
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.
WHAT»S
IN STORE — «New York retail rents go down amid vacancy worries,» by New York Post's Lois Weiss: «Retail rents dropped like a stone in some places over the last year but have now stabilized in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the proo
IN STORE — «New York
retail rents go down amid vacancy worries,» by New York Post's Lois Weiss: «Retail rents dropped like a stone in some places over the last year but have now stabilized in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the
retail rents go down amid
vacancy worries,» by New York Post's Lois Weiss: «
Retail rents dropped like a stone in some places over the last year but have now stabilized in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the
Retail rents dropped like a stone
in some places over the last year but have now stabilized in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the proo
in some places over the last year but have now stabilized
in several shopping corridors and even have risen in some spots — and the Real Estate Board of New York has the proo
in several shopping corridors and even have risen
in some spots — and the Real Estate Board of New York has the proo
in some spots — and the Real Estate Board of New York has the proof.
Retail vacancies have increased
in recent years, as stores are squeezed by rising rents and competition from online
retailers like Amazon.
Vacancies are advertised by TARGETjobs, careers services, specialist recruitment agencies,
in national newspapers and publications such as
Retail Week,
Retail Moves and The Appointment, and their online equivalents.
With mass sales activity
in the last year, more job
vacancies and increases
in retail sales it suggests now is an excellent time for anyone
in sales to be looking to grow their opportunities.
It was recently revealed by the Association of Graduate Recruiters that major companies are being given no fewer than 73 applications for the average graduate
vacancy, while the number can be even higher
in more specialised sectors; 154 people go for
retail jobs, while a further 142 fight over a position for investment banking.
The majority of
vacancies are for the
Retail Management scheme, where you'll work towards becoming a Commercial Manager
in an M&S store.
Other positive signs for graduate schemes
in 2018 indicate sectors like
Retail and the Public Sector expect to see a significant rise
in graduate
vacancies.
Right now I am looking for a
vacancy where there is an immediate start available for the right candidates, and where I will have an opportunity to gain the experience needed to develop into a more senior
retail management role
in the future.
With 7 million sq. ft. of
retail added since 1998, including 1.3 million sq. ft. last year,
vacancies have hit 7.5 %, according to Marcus & Millichap, with the highest
vacancies in Sacramento proper.
With some 2.2 million sq. ft. of new
retail product slated
in 2002, the county is likely to see
vacancies rise, though they will probably remain under 6 %.
In the Sarasota - Bradenton MSA to the south,
retail vacancy has dropped from 17 percent to 10 percent the last two years, says Tom Richardson, president for Sarasota - based Commercial and Industrial Properties Inc..
In Memphis, retail vacancy is low, with practically no space available in high - quality projects, says Terry McEwen, president of The Poag & McEwen Group, Memphi
In Memphis,
retail vacancy is low, with practically no space available
in high - quality projects, says Terry McEwen, president of The Poag & McEwen Group, Memphi
in high - quality projects, says Terry McEwen, president of The Poag & McEwen Group, Memphis.
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 Sterling Cos. reports nine
retail projects totaling 1.7 million sq. ft. are scheduled to open
in 1998, resulting
in a small increase
in vacancy, but little or no impact on rents.
Despite the construction activity,
retail vacancy rates are at its lowest point
in a decade with overall shopping center
vacancies dipping to 7.3 % during the second quarter, according to a CB Richard Ellis survey of properties 50,000 sq. ft. and greater.
While
vacancies ballooned and rents languished
in the office and apartment sectors, the resilient consumer kept
retail landlords flush with profits.
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..
Looking at commercial
vacancy rates from the third quarter of this year to the third quarter of 2012, NAR forecasts
vacancies to decline 0.3 percentage points
in the office sector, 0.6 points
in industrial real estate, 0.7 points
in the
retail sector, and 0.9 percentage points
in the multifamily rental market.
Retail vacancies increased slightly from 6 %
in the first quarter of 2001 to 7.1 %
in 2002, according to New York - based Reis, which tracks approximately 1.3 billion sq. ft. of neighborhood and community centers.
Fund managers expect
vacancies to be more pronounced
in class - B and class - C
retail centers as
retailers scale back on new store expansions.
A number of
retailers expanded, causing
retail vacancy to drop 10 basis points
in Los Angeles County to 5.2 percent, down from 5.3 percent a year earlier, according to Marcus & Millichap.
In evaluating the reasons behind these big - box vacancies, Shillings tracked 40 retailers in 150 Houston big boxes, exclusive of grocery store and home improvement store chain
In evaluating the reasons behind these big - box
vacancies, Shillings tracked 40
retailers in 150 Houston big boxes, exclusive of grocery store and home improvement store chain
in 150 Houston big boxes, exclusive of grocery store and home improvement store chains.
Retail vacancies soared
in the 1990s as stores moved out to the suburbs.
On the flip side, the second borrower was looking for $ 50 million
in financing for a
retail condo property
in SoHo
in an area where
vacancies have ticked higher and rents have dropped
in the past year.
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 ren
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 ren
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 ren
in the first half of 2006 and has proved hard to rent.
In its mid-year review, CoStar Group measured a rise in national vacancy at retail properties to 6.8 percent, up from 6.6 percent at the end of the first quarte
In its mid-year review, CoStar Group measured a rise
in national vacancy at retail properties to 6.8 percent, up from 6.6 percent at the end of the first quarte
in national
vacancy at
retail properties to 6.8 percent, up from 6.6 percent at the end of the first quarter.
Retail vacancies continued to climb —
in the second quarter,
vacancies at shopping centers averaged 8.2 percent, a 50 - basis - point increase from last year, according to Reis, Inc., a New York City - based provider of commercial real estate information.
Will the sluggishness
in the
retail sector result
in rising
vacancies and, therefore, falling rents?
Total GLA for
retail space
in Hawaii is 15.5 million sq. ft., with an overall
vacancy factor of about 6 percent, according to Fridley.
Here you'll find forecasts as well as
vacancy rates for four commercial sectors — office, warehouse,
retail, multifamily — as reported
in late October 2001.
By contrast,
in the neighborhood center sector, Kmart's bankruptcy and the struggles of various other
retailers, combined with rapid consolidation
in the grocery store industry, promise to create
vacancies.
Accessible electronically at Reis.com, the new
retail reports furnish valuable information on rents,
vacancies and expenses
in more than 50 U.S. markets.
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.
The
retail sector has experienced a modest increase
in rents, as well as a slight decrease
in vacancy rates.
Chicago — According to locally based Northern Realty Group Ltd.'s 12th annual survey of
retail space
in downtown Chicago's State Street / Wabash Avenue shopping district, the
vacancy rate for specialty store space rose...
Hit by still - soft consumer confidence and a megamerger between the Federated Department Stores and the May Department Stores that prompted the announcement of store closings,
retail was the only commercial sector
in which
vacancies rose and rent growth decreased
in 2006.
However, «
retail vacancy is zero,» says Weinstein, noting that the Garment District, which does $ 9 billion
in trade and
retail sales annually, has the highest walk traffic
in town.
Retail vacancy rates are likely to rise slightly
in 2007.
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.
«The past few years have been booming
in Atlanta, but with the technology decline there has been a noticeable increase
in office
vacancy rates; the apartment occupancy rates have been touched by the decrease
in the number of jobs created each year; all of which are affecting the
retail market.»
Outside of urban centers, owners of lower - tier malls are spending more cash up front to avoid
vacancies and accommodate restaurants and entertainment venues, which are costly to build and are replacing many traditional
retailers hurt by online shopping, Green Street said
in report this month.