Mar 12, 2020
Market Cap Rates at 10-year Low Projects Under Construction at 10-year Low Overall availability of space always runs a few points higher than vacancy, as certain tenants are planning to vacate, but still occupy the space. In our market this appears to be 2-3% higher...
Feb 7, 2020
More Speculative Building Occurring? Over the last two years, new buildings are occupied at a lower percentage than the historical average of about 60% – meaning that developers are starting to speculate on the market Availability Compared to Vacancy Overall...
Feb 3, 2020
Download .pdf version Market Not Overbuilt Despite delivering over 5 million square feet a year on average to the tri-county market over the past 5 years, vacancy rates fell about 50 basis points (5.5% down to 5%). Record CRE Sales Volume for Region For the first...
Dec 6, 2019
Download PDF Version Contact our advisors to see how they can help you with your property Every now and then large land deals transact in our tri-county CRE market, and November’s top sales fell into that category. The combined Centennial & Kragh farms along the...
