Sentences with phrase «retail vacancy»

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

Not all medical services are suited to every available retail vacancy.

Markets with low retail vacancy rates include San Francisco and Long Island and ones with high rates are Dayton and Tulsa, Okla..

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.

Q3 2014 was particularly successful as retail vacancy declined, rental rates and absorption increased, and a handful of significant transactions took place, according to a report by Seattle - based brokerage firm Kidder Matthews.

Start - ups or smaller local entrepreneurs should also help some in lessening high retail vacancies, says Wayne Caplan, director of investment with The Chicago office of Sperry Van Ness, though at much lower rents.

The company reports Tampa Bay's retail vacancy stands at 9.6 percent for regional malls, 12.6 percent for power centers, and 13.5 percent for neighborhood centers.

Los Angeles County retail vacancy declined to 5.1 percent, and 1.5 million sq. ft. of new retail space is under construction.

«The projected imbalance between net absorption and completions will increase the upward pressure on retail vacancy rates, as well as on concession levels for new and renewing tenants,» Chandan says.

For New York City as a whole, Marcus & Millichap research forecasts a 6.8 % total retail vacancy rate and average asking rents of $ 61 per sq. ft. by year's end.

Atlanta - based Jamison Research Inc. reports retail vacancy in the metropolitan Atlanta market at 2.7 percent for regional malls, 6.4 percent for regional centers, 9.2 percent for community centers, and 8.3 percent for both neighborhood and strip centers.

Pop - ups thrive as retail vacancies rise.

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.

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.

Additionally, big - box retail vacancies and opportunities for repositioning have also fueled the capital need in order to get through the interim and also secure improvement funds for these projects.

Retail vacancies soared in the 1990s as stores moved out to the suburbs.

Retail vacancy levels stayed relatively flat for the first quarter of the year, according to preliminary data from real estate research firm Reis.

Although retail vacancies have increased modestly, notes Susie Detmer, sales associate with CB Richard Ellis in Seattle, «Anyone without a presence here is trying to get in.»

These services include property maintenance and compliance, retail vacancy marketing and tenant placement, rent collection and accounting, on - call property managers, web - based portals for property owners and tenants, all other commercial rental management services.

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.

The pending arrival of off - price stores Nordstrom Rack and TJX's HomeGoods, combined with the 2009 openings of fast - fashion clothing store Zara and electronics giant Best Buy, helped lift the boulevard to its best performance since 2003, according to an annual retail vacancy survey from real estate firm CB Richard Ellis Inc., provided exclusively to the Tribune.

The properties, both owned by Chicago's Joseph Freed and Associates LLC, helped push the overall retail vacancy rate for the State - Wabash corridor to 12.9 percent for the 12 months ended Oct. 31, according to Bruce Kaplan, senior vice president of retail brokerage services at CBRE in Chicago.

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.

Last year, Boston also saw a record low level of new retail construction, at 500,000 sq. ft.. That helped bring retail vacancy down to about 6.1 percent and rents up to approximately $ 19.26 per sq. ft.. In recent months, Target has considered opening a small format store at the Downtown Crossing site.

For the eighth quarter in a row, retail vacancies barely moved between July and October 2013, signaling some lingering weakness in the sector, according to third quarter reports from multiple industry sources.

Staten Island's 6.2 percent retail vacancy rate means there's plenty of space for retailers.

Plus, Cleveland is a bit of an anomaly in a new report on retail vacancy produced by real estate data firm Reis Inc., a Wayne State professor examines the feels of nostalgia that fuel support for Chief Wahoo, and more.

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.

According to a survey that Menin's Wall Street Rising organization conducted in August, retail vacancy stands at 12 %, and rents average $ 58 per sq. ft.

Retail vacancy in Nashville is approximately 6.5 percent, according to the local chamber of commerce.

Markets with the lowest retail vacancy rates currently include San Francisco, 3.8 percent; Northern New Jersey, 6.1 percent; and three markets at 6.4 percent each: Los Angeles; Long Island, N.Y.; and San Jose, Calif..

The past year was bustling for Long Island's residential and commercial real estate markets, with high demand for homes, consistent office rents, relatively low retail vacancies and continued demand... [more]

Retail vacancies have increased in recent years, as stores are squeezed by rising rents and competition from online retailers like Amazon.

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.

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, 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.

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.

Retail vacancy is at a five - year low of just under 7 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..

In Jacksonville, retail vacancy has risen to 8 percent.

Retail vacancy rates will remain elevated, most likely due to e-commerce making inroads, even as vacancy rates of all other property types fall below long - term averages.

Tampa's retail vacancy rate, just above the national average, is 7.5 %.

Retail vacancies are expected to hit 11.6 percent by the end of 2002, then start coming back down, NAR analysts predict.

Despite the delivery of more than 2 million square feet of new space in 2002, the Triangle's retail vacancy rate hovers at 6.5 percent, driven mainly by the razing of several ailing properties.

Overall, retail vacancy totaled 6.3 percent mid-year, a decrease of 0.4 percent from the second quarter of 2002, according to NAI Mathews Partners.

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.

Explains Koblitz: «For example, six months into 2017, we know that commercial and retail vacancy rates are still relatively stable, while the unprecedented year - on - year increases we've seen in the prices of residential property are beginning to show a stabilisation.