Sentences with phrase «urban retail assets»
The consensus among the panel was that top quality urban retail assets are currently fetching cap rates in the low 4 - percent range.
http://www.nreionline.com/ Not exact matches
Alongside the GDP report, the NBS also released annual growth figures for retail sales, industrial output and urban fixed asset investment, with all bar the latter topping expectations.
While retail sales and industrial output impressed, the only report to disappoint was urban fixed asset investment which grew by 7.5 % between January to September compared to same period a year earlier.
York Mills Centre is an urban - retail asset built in late 1980s with superior location and accessibility.
Madison Capital acquires, repositions and manages superior urban retail and mixed - use assets in New York and other gateway cities.
Our portfolio is mainly comprised of multi-tenant, Class A office properties located in dense, urban areas or central business districts, mixed - use retail or grocery - anchored centers in high barrier - to - entry locations featuring credit - quality anchors, as well as Class A multifamily properties, including student housing assets, strategically positioned in our target markets and in high - demand locations.
«This asset was owned by a local owner / operator whose portfolio contains several taxpayer / retail assets in urban locations such as Patterson, N.J. and the Bronx, N.Y.,» said Morris Betesh, director, who exclusively handled the transaction.
Still, Palmer Town Center looks like a promising asset for its new owner, which is part of a wave of investors allocating money to healthy retail properties located in urban secondary markets.
But ask him what is the most undervalued asset in his company's sprawling portfolio, and he gives a different response: Vornado's urban retail.
A panel of experts featuring Kenneth F. Bernstein, president and CEO of Acadia Realty Trust; MaryAnne Gilmartin, president and CEO of Forest City Ratner Cos.; Steven G. Vittorio, managing director with Prudential Real Estate Investors; and Donald C. Wood, CEO of Federal Realty Investment Trust, discussed the vagaries of developing urban retail — particularly mixed - use properties — at the ICSC NOI + Asset Management Conference in Chicago on Nov. 20 - 21.
«People who have the capacity to buy [in the current market] are not interested in non-strategic assets,» says Ross B. Glickman, chairman and CEO of Urban Retail Properties, a Chicago - based retail developer and property maRetail Properties, a Chicago - based retail developer and property maretail developer and property manager.