Sentences with phrase «strong submarkets»

But one of the key historically strong submarkets is in the midst of a surprisingly drawn - out slump.

«We believe this is one of the strongest submarkets in the city and this property has high quality tenants as well as upside potential from both lease - up and rent growth opportunities.»

The property benefits from a heavily - traveled corner location, a strong submarket and is in close proximity to employment centers, retail centers, educational facilities and regional freeways.

The 102 - unit property, built in 1976, benefits from a strong submarket and is in close proximity to Cal State Northridge, employment centers, retail centers, educational facilities and regional freeways.

Not exact matches

Strong competition in Manhattan and the Prospect Park submarket of Brooklyn may push more buyers to Queens, but there is a pull factor as well.

However, despite some of the challenges around the execution, we continue to feel good about the deals and their fundamentals; our basis is below replacement cost and comparable sales, the submarket has strong local demand drivers, we have some positive leasing momentum, we have a great team in - place, there is plenty of capital reserves, and we maintain low leverage and a great relationship with our lender etc..

The northwest suburban submarket has experienced strong leasing among its new developments.

«The retail market has been very stable over the last year, although some submarkets are stronger than others,» says Carnell Scruggs, a retail broker at NAI Mathews Partners in Nashville.

Find them in strong population and job growth markets, find the best submarkets in those cities, buy relatively good value, conservative underwriting, add value, improve operations and you should be able to capture some very attractive returns in the 10 % CoC and 20 % IRR over a 5 year hold period.

The company's leadership studies each market carefully to identify key submarkets where demand for class - A offices is strong, but land isn't so plentiful that competitors can easily muscle in with a new trophy building.

«Investors interested in stronger immediate yields will focus on the Columbia City submarket, while those seeking long - term growth from appreciation could turn their attention to West Seattle,» states the report.

While demand has historically been strongest in the East submarket, the Midtown and Downtown submarkets have seen a recent resurgence reflecting the national trend of reinvestment in older urban cores.

«The portfolio is concentrated in two primary infill submarkets within Chicago with historic resiliency, high barriers to entry and strong demand from a diverse array of industries,» noted Chase.

The Medley and Airport submarkets were the strongest performers of this past year, accounting for the largest lease deals and nearly half of the industrial market's total net absorption.

Yet that recovery still varies widely across the metro with some submarkets, such as Buckhead, exhibiting strong rent growth, while others have seen minimal or no rent growth, Davenport adds.

Our research identified Riverside Apartments to be well - located in a submarket with strong employment drivers and limited supply.

Riverside consists of three apartment buildings on 28 acres of land, which presents us with an opportunity for ground - up development of approximately 550 units in a submarket with limited planned new supply and strong job growth driven by major employers such as the USPTO, NSF and MGM National Harbor.

The asset provides us with a compelling opportunity to renovate approximately 850 units to generate rental growth, and the potential opportunity to develop additional units onsite, thereby offering multiple price points in a submarket with a strong population of renters.»

«We are pleased to have closed on this high quality multifamily property that has strong demographics and is located in the growing southwest submarket along the I - 215 corridor,» said Cosenza.

Our in - depth targeted research identified The Wellington to be well - located in a submarket with a limited supply of new product and a strong population of renters for both Class A and Class B apartments.

We purchase properties below replacement cost, that are undercapitalized or mismanaged, and which are located in submarkets with strong demographic trends.