Transbay Tower
San Francisco’s office market is the healthiest in the country due in large part to the growth of the tech sector in that city. Rents average $50.36/sf – up 50 percent since Q1 2010 and vacancy is at 12.7 percent … Continue reading →
Tag Archives: Vacancy Rates
The Linq
The Linq is a $550 million project in Las Vegas undertaken by Caesars Entertainment. The 260,000-square-foot retail and entertainment district across from Caesar’s Palace is 70 percent leased and includes such tenants as Brooklyn Bowl – a 16-lane bowling alley … Continue reading →
Smart Grids Boost CRE Markets
A new Jones Lang LaSalle study shows that there is a direct correlation between the economic indicators of a healthy commercial real estate market and municipal investment in smart grid technologies, according to MortgageOrb.com. A smart grid system uses advanced … Continue reading →
Boston’s Back Bay Booming
Boston’s Newbury Street retail market has a 3.5 percent vacancy rate – the lowest rate for the city’s retail districts, which average 10 percent, according to a New York Times article. The Back Bay office market is also strong. The … Continue reading →
NoMa Retail Rates
NoMa is one of the fastest growing neighborhoods in DC. More than 40,000 people work in NoMa, including employees of the Department of Justice and the General Services Administration. New, luxurious apartment buildings are home to thousands residents who live … Continue reading →
CRE Market Growth in Russia
CBRE expects the Russian commercial real estate investment market to grow to $4.5 billion in 2012, according to SA Commercial Prop News. In 2011, CRE investment transactions totaled $6.4 billion. Over 3.4 million square feet of industrial space was delivered … Continue reading →
Rio Towers
Bulgarian real estate developer MRP International is leading a consortium that plans to develop Rio Towers – six fifty-story waterfront office buildings in Rio’s central port district, according to The Wall Street Journal. The project will add 3.47 million square … Continue reading →
Five Factors Driving the Industrial Sector Revival
1. Strong supply and demand characteristics: National vacancy rate has declined by 90 basis points since Q1 2011 to 9.1 percent – a level last seen in 2009; Eight consecutive quarters of positive net absorption; Vacancy in the big box … Continue reading →
DC Retail Numbers
Retail property rents within a one mile radius of Dupont Circle range from 19.50/sf to 150/sf, with the average at 50.30/sf. Year-to-date net absorption Lower the risks purchase cheap cialis learningworksca.org of kidney stone to avoid impotency. It is more … Continue reading →
Housing Prices Soar in Hong Kong
Hong Kong real estate rates have risen by more than 50 percent since 2009 due to high demand and constricted supply. The Economist reports that the government in Hong Kong has a monopoly on land and the amount of land … Continue reading →