High in-migration and lower unemployment rates have created positive conditions for the Denver retail sector. During Q-1 2017, Denver saw lower vacancy rates than during any quarter of 2016, according to Colliers International. Net absorption during this quarter was positive … Continue reading →
The U.S. industrial sector is experiencing its longest expansion on record. The vacancy rate in this sector dropped to 5.3 percent in Q1-2017 which is 300 basis points lower than the ten-year historical average of 8.3 percent, according to
Continue reading →This year, 320,000 new apartment units are expected to come online – the largest number so far during this cycle, according to
Continue reading →At $482 billion, Walmart’s overall sales are still well ahead of Amazon’s however the retail giant lags in online sales. In 2015, Walmart’s online sales were $13.7 billion compared to $107 billion for Amazon, according to
Continue reading →Nestlé will move its U.S. corporate headquarters from Southern California to Arlington, Virginia, according to ARLnow. The company is leasing 200,000sf on the top nine floors of 1812 N. Moore which is located in the Rosslyn neighborhood. Monday Properties owns … Continue reading →
The Q4–2016 asking rent for Class A office in Baltimore’s CBD is $24.21/sf (full service). The availability rate for this submarket and class is 22.8 percent out of a total inventory of about 8.2 million square feet. Major lease transactions … Continue reading →
Marijuana sales in Colorado reached $996 million in 2015, up from about $700 million in 2014, according to Forbes. Warehouse vacancy rates in the state dropped from 7.6 percent in 2011 to 3.1 percent in early 2015. The marijuana industry … Continue reading →
Retail space availability on New York’s 5th Avenue strip climbed to 15.9 percent in Q3-2016, up 10 percent from a year earlier and exceeding the last peak of 11.3 percent in Q4-2014, according to Bloomberg (citing High fashion will also … Continue reading →
Trump Hotels has announced a new hotel line called Scion. In a press release, the company describes the Scion brand as “a multi-faceted lifestyle brand developed in response to the boom in social clubs and the “we” economy.” The first … Continue reading →
Apartment rent rates in the U.S. rose by 0.4 percent in May, the 67th consecutive month of increase, according to USA Today (citing consumer price index data). Rents climbed by about five percent in the first half of the year … Continue reading →