National News

Green Street Advisors Commercial Property Price Index up 2% in November

The Green Street Advisors Commercial Property Price Index (CPPI) is up 2% in November. The Index tracks the values of institutional-quality CRE properties owned by REITS.

The Index is now above 16.7% higher than the peak reached in July 2007.

Source(s)/Media/Photo(s) courtesy of:

http://www.greenstreetadvisors.com/pdf/press/cppi/GSACPPI.pdf

By |December 8th, 2014|National News|0 Comments

Reis 3rd Quarter 2014 Retail Trends

Reis reports national retail trends for the third quarter 2014 as follows:

Retail fundamentals remained relatively flat in 3Q14.
Neighborhood & Community Centers vacancy rates flat at 10.3%.
Regional Mall vacancy rates flat at 7.9% for last three quarters.
Asking and effective rents for Neighborhood & Community Centers increased by 0.4%, similar for Regional Malls.
Retail still challenged by online shopping. Brick […]

By |November 18th, 2014|National News|0 Comments

Reis 3rd Quarter 2014 Apartment Trends

Reis reports national apartment statistics for the third quarter 2014 as follows:

Apartment vacancy rates increased 10 basis points to 4.2% in 3Q14. This is the first time in four years that national vacancy rates have risen.
Asking and effective rental rates increased 1.1% in the 3Q14.
50,000 apartment units opened in 3Q14.
200,000 apartment units expected to open […]

By |November 18th, 2014|National News|0 Comments

Golf Course Market Overview Video with Steven Ekovich

Steven Ekovich with the National Golf & Resort Properties Group of Marcus & Millichap provides an insightful overview of the Golf Course Market in this video published in the Tampa Bay Business Journal.

Source(s)/Media/Photo(s) courtesy of:

http://www.bizjournals.com/tampabay/print-edition/2014/08/15/steven-ekovich-golf-rounds-down-for-years-but.html

By |November 7th, 2014|National News|0 Comments

Charlotte, Atlanta, Nashville, Mobile on Retail Upswing

Charlotte sees retail vacancy drop to 7.2% due to a strong growing economy. Demand driven by banking, healthcare, several new corporate headquarters, and 14,000 new jobs added over the last year. There is limited new development making Charlotte one of the stronger retail markets in the Southeast.

Atlanta’s retail vacancy rate dropped from 9.4% to 8.9% […]

By |November 3rd, 2014|Charlotte News, National News|0 Comments