Upstate, SC 2Q17. Industrial Market Report. Q2 Industrial. Upstate Economy in 2Q17* Industrial Sector in 2Q17. Trends for 2Q17
|
|
- Blake Daniel
- 6 years ago
- Views:
Transcription
1 Upstate, SC 2Q17 Industrial Market Report The industrial market for the Upstate of South Carolina saw continued growth for the second quarter of 217. While there was a positive net absorption of 67,53 square feet, the Upstate Industrial Market also saw asking rental rates end the second quarter at $3.64, a slight decrease from the previous quarter. Average asking rental rates averaged $3.65/SF in Q saw a slight decrease to 6.3% at the end of from 6.5% at the end of Q1 217, while there was 1,19,35 SF of industrial space under construction at the end of. Notable lease signings for buildings over 15, SF for the second quarter of 217 include Group Antolin moving into 125, SF at Wingo Park, First Quality Tissue moving into 115, SF at Wamsutta Plant in, and the 96,4 SF lease signed by AFL at 26 E Parkway. Some of the notable deliveries for Q1 217 include 141 Southchase Boulevard, a 25,738 SF facility that is now 1% occupied, and Wingo Park Building 1, a 175, SF facility that is now 71% occupied. The largest projects under construction include a 331,85 SF building located within Augusta Grove Business Park at 161 Old Grove Road, and 382 Moore Duncan Hwy, a 23, SF facility that is pre-leased 1% by Magna International. Overall, the second quarter of 217 was positive and a leading indicator that the Upstate of South Carolina s industrial market will experience another year of growth and announcements for new businesses relocating and expanding to the market. We expect the remainder of 217 to continue to see land acquisitions, new construction of speculative buildings and build-to-suits, lease renewals, and building acquisitions to be the underlying themes for growth in the year ahead. Trends for 2Q17 Parks McLeod NAIEF Industrial Division Q2 Industrial Upstate Economy in 2Q17* Total Population + 996,798 Total Households + 363,777 Median Household Income + $45,53 Total Labor Force^ 48,567 Unemployed^ 15,818 Unemployment Rate^ : 3.2% : 3.4% : 3.4% *Includes data for, and counties +US Census Bureau, 21 Census & 215/216 estimates ^scworks.org: July 217 data Industrial Sector in 2Q17 Number of Buildings 4,873 Market Size (SF) Overall Vacant Space (SF) 26,524,977 SF 12,338,492 SF Overall (%) 6.3% Direct (SF) Sublease (SF) (SF) 12,264,62 SF 157,24 SF 67,53 SF Average Asking Rental Rate ($/SF/Yr) $3.64 Source: CoStar Industrial Report (Second Quarter 217) NET ABSORPTION CONSTRUCTION VACANCY RATE ASKING RATES 3, 2,7, and 8.% 2, 1,7, 5.% 1, $2. 7, 3.% 2.% -3,
2 Industrial Submarket Overview Below is a sampling of the major industrial submarkets in the Upstate as of 7/13/17. For data on additional counties or submarkets, please send a request to marketing@naief.com. Data source: Costar Submarket # of Buildings Total RBA (SF) Vacant (%) Total (SF) Total Avg. Rate Class A 7 1,721,3.2 - Class B 121 8,379, ,4 $2.35 Class C ,241, ,8 $2.52 All Classes ,539, ,3 $2.44 Class A 33 3,397, ,738 $4.78 Class B ,155, ,465 $3.85 Class C 1,286 35,98, (214,111) $3.3 All Classes 1,848 72,518, ,92 $3.65 Class A 47 13,54, ,14 $4.47 Class B ,169, ,764 $3.9 Class C ,544, ,212 All Classes 1,357 75,774, ,116 $3.29 and 2,3, 1,8, 1,3, 8, 5.5% $2. 3, - and 7, 6, 5, 4, 3, 5.5% $2. 1, and 1, 1.% 1,, 8.5% $3.45 8, 6, 5.5% $3.4 $3.35 4, $3.3 $3.25 $3.2
3 Flex Submarket Overview Submarket # of Buildings Total RBA (SF) Vacant (%) Total (SF) Total Avg. Rate Class A 1 111,. - Class B , $9.6 Class C 51 46, (6,) $6.27 All Classes , (6,) $8.77 Class A 4 226, $8.95 Class B 146 2,692, (17,28) $8.53 Class C 299 3,274, (5,75) $8.49 All Classes 449 6,194, (22,355) $8.52 Below is a sampling of the major industrial flex submarkets in the Upstate as of 7/13/17. For data on additional counties or submarkets, please send a request to marketing@naief.com. Data source: Costar Class A 8 339, (12) $7.9 Class B 5 861, (6) $6.43 Class C , , $9.23 All Classes 126 1,946, ,28 $7.79 and $9. 8,5 3,5-1,5 4.5% 3.% $8.5 $8. -6,5 $7.5-11,5-16,5 1.5%.% $7. $6.5 and 225, 7.5% $ , 125, 4.5% $7. $5.5 75, 3.% 25, -25, 1.5% and 5, 1.% $7.5 4, 3, 8.% $6. $4.5 2, 1, 2.%.% $.
4 Industrial Activity / U.S. Comparison (Past 8 Quarters) / U.S. Price/SF Comparison (Based on Industrial Building Sales of 15, SF and Larger) Rate U.S. Cap Rate Comparison (Based on Industrial Building Sales of 15, SF and Larger) Dollars per SF / By Building Type Existing Inventory Comparison By Tenancy Type 5% Cap Rate Percentage Warehouse Flex 95% 28% 73% Single-Tenancy Multi-Tenancy Graphs Source: CoStar Property Sampling of Top Transactions in 2Q17 Sales 15 Pelham Ridge Dr* RBA: 23,665 Sale Price: $3,5, Sale Date: 4/19/17 78 Flatwood Industrial Rd RBA: 91,35 Sale Price: $64,96,343 Sale Date: 4/11/ Pelham Rd RBA: 223,25 Sale Price: $6,, Sale Date: 5/9/17 2 Masters Blvd RBA: 161,155 Sale Price: $3,8, Sale Date: 5/25/17 Leases 775 Woodruff Rd* SF: 3,9 Tenant undisclosed 297 Commerce Blvd* SF: 5, Tenant undisclosed 2781 New Cut Rd SF: 125, Tenant: Grupo Antolin 45 Brookfield Oaks Dr SF: 32, Tenant: Caristrap America, Inc *NAI Earle Furman Transaction Sales Leases
5 Q1 Upstate, SC Market Report NAI Earle Furman Industrial Division John Baldwin, CCIM Glenn Batson Ford Borders, SIOR Principal & Alex Campbell Tom Daniel, CCIM Dan Dunn J. Earle Furman, Jr., SIOR Chairman & -in-charge Hunter Garrett, CCIM, SIOR Principal & Jon Good, SIOR CEO & Principal Grice Hunt, SIOR Principal & Parks McLeod, Jr. Kevin Pogue About Us John Powell, CCIM Towers Rice Solid Foundation. Proven Results. Founded by J. Earle Furman in 1986, NAI Earle Furman is celebrating its 31st year as a leading full-service commercial real estate brokerage firm in the Upstate of South Carolina specializing in the office, industrial, investment and retail sectors. NAI Earle Furman offers a wide range of services including sales, leasing, development, site selection, consulting and property management. A partnership with NAI Global allows NAI Earle Furman to access a network of worldwide real estate connections and offer international commercial real estate services to Upstate clients, while retaining local personality and knowledge. The firm has 8 team members and completed nearly 65 transactions in 216. The Property Management team manages 7.5 million square feet of commercial space in North and South Carolina. Stuart Smith stuartsmith@naief.com John Staunton john@naief.com Tenant Representation Landlord Representation Market Analysis Financial Analysis Site Selection Lease Versus Own Analysis Clay Williams clay@naief.com age Services Due Diligence Consulting Lease Review and Renewal Services Tax Deferred Exchanges Development Land Acquisition and Disposition Report Prepared by: Katherine Royal Marketing Associate kroyal@naief.com Parks McLeod, Jr Industrial Division pmcleod@naief.com The information contained in this report has been obtained from third-party sources that are deemed reliable. NAI Earle Furman has not independently verified the information s accuracy and makes no representations, guarantees, or express or implied warranties regarding the accuracy of the information herein. Data sources are continually revised and updated, causing both historical and forecast information, data, and analysis to change as new information is added. Third-party data source: CoStar Group The shareholders of NAI Earle Furman Contact Us: 11 E Washington Street, Suite 4, South Carolina naiearlefurman.com
Upstate, SC 1Q16. Industrial Market Report. Industrial. Upstate Economy in 1Q16* Industrial Sector in 1Q16. Trends for 1Q16
Market Report The industrial market for the Upstate of South Carolina saw continued growth for the first quarter of 2016. While there was a positive net absorption of 1,024,708/SF, the Upstate industrial
More information101 E Washington Street, Ste 400 Greenville, SC Q 18. Market Report
101 E Washington Street, Ste 400 Greenville, SC 29601 2Q 18 Market Report GREENVILLE/SPARTANBURG 2Q18 OFFICE REPORT * MARKET SUMMARY The Greenville Spartanburg Office market remained fairly steady at the
More informationTenant: Address: Size (SF): Submarket: NYK Logistics (Americas), Inc Victor Hill Road 100,000 Spartanburg
NAI Earle MEMBER Furman, NAME LLC Industrial Office Report Report First Second Quarter Quarter 2007 2009 Upstate Market TRENDS: STATISTICS: Vacancy Rate Net Absorption Construction Number of Buildings...3,910
More information11.0% 10.5% 10.0% 9.5% 9.0% 8.5% 8.0% $4.00 $3.75 $3.50 $3.25 $3.00 $2.75 $2.50 $2.25 $2.00
TRENDS: Q4 2012 UPSTATE, SOUTH CAROLINA INDUSTRIAL MARKET REPORT LOCAL UPSTATE ECONOMY Population: 1,375,759 Population Change: 27% increase since 1990 Labor Force: 632,670 Unemployed: 50,696 Unemployment
More informationSarasota-Manatee, FL 3rd Quarter 2015 INDUSTRIAL. Market Trends COMMERCIAL REAL ESTATE INFORMATION
Sarasota-Manatee, FL 3rd Quarter 2015 INDUSTRIAL Market Trends COMMERCIAL REAL ESTATE INFORMATION Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set Sarasota-Manatee
More information3 RD QUARTER 2015 RICHMOND INDUSTRIAL MARKET REPORT
3 RD QUARTER FORECAST As the U.S. economy continued to show positive economic growth through the third quarter, the Richmond, VA Industrial market saw demand for warehouse and flex properties increase
More information3 RD QUARTER 2016 RICHMOND INDUSTRIAL MARKET REPORT
3 RD QUARTER 2016 RICHMOND INDUSTRIAL MARKET REPORT FORECAST The Richmond Industrial market continued trending in the positive direction in the third quarter, with the absorption of over 320,000 square
More informationIndustrial Market Report
Industrial Market Report West Michigan Q4 - Year End 017 Wisinski of West Michigan Commercial Real Estate Services, Worldwide. 100 Grandville Ave SW Suite 100 Grand Rapids, MI 49503 616. 776. 0100 www.naiwwm.com
More informationChicago s industrial market thrives during the third quarter.
CHICAGO INDUSTRIAL MARKET MONITOR THIRD QUARTER 2015 Chicago s industrial market thrives during the third quarter. Demand across the Chicago industrial market remains high sending absorption up and vacancy
More informationSolid Fundamentals Keep Nashville Industrial Market Competitive in 1Q
Research & Forecast Report NASHVILLE INDUSTRIAL 1st Quarter Solid Fundamentals Keep Nashville Industrial Market Competitive in 1Q 1Q Summary >> Nashville s industrial vacancy rate increased slightly in
More informationNashville the #5 Market to Watch in 2019
Research & Forecast Report NASHVILLE INDUSTRIAL 4 th Quarter Nashville the #5 Market to Watch in 2019 Industrial Market The industrial real estate sector is currently undergoing one of the greatest expansionary
More informationCOLUMBUS 2018 Q4 MARKET TRENDS. 605 S Front St Suite 200 Columbus OH
2018 Q4 MARKET TRENDS 605 S Front St Suite 200 Columbus OH 43215 www.ohioequities.com 614 224 2400 OFFICE OVERVIEW Vacancy Rate 7.0 % + Positive Absorption Rental Rate Increased 4 Buildings Delivered Totaling
More informationMiami-Dade County Office Market Report 4Q Real Capital Partners Real Estate Services. *Data Source CoStar Miami-Dade County Office Market Report
Miami-Dade County Office Market Report 4Q 216 Real Capital Partners Real Estate Services *Data Source CoStar Miami-Dade County Office Market Report 4Q 216 Miami-Dade County Office Market Report Overview
More informationRaleigh-Durham Demand Finally Catching Up With New Supply; More Deliveries to Come
Research Report RALEIGH-DURHAM INDUSTRIAL Q1 2018 Raleigh-Durham Demand Finally Catching Up With New Supply; More Deliveries to Come Key Takeaways > > The demand for industrial space in the Raleigh-Durham
More informationBakersfield 4Q18 Office Market Trends
Bakersfield the higher cost of leasing in the submarket is unlikely to hinder demand as CRC s lease expirations create more available inventory within the University Centre Submarket. Mark J. Smith, SIOR
More informationThe Upstate, South Carolina
The Upstate, South Carolina Vacancy Down and Absorption Up The first quarter of 2018 ended on a rather remarkable note, posting the largest decrease in industrial vacancy in the last eight quarters. This
More informationHomestretch: Office Market Set to Finish Strong
Research & Forecast Report RENO OFFICE Q3 2016 Homestretch: Office Market Set to Finish Strong >> Vacancy drops significantly the largest drop quarter over quarter in 2016 >> Rental rates are not increasing
More informationOverall Industrial Market Off to Solid First Quarter; Flex Market Rebounding
Research & Forecast Report RALEIGH-DURHAM INDUSTRIAL Overall Industrial Market Off to Solid First Quarter; Flex Market Rebounding Emily Bostic Research Analyst Raleigh-Durham Key Takeaways > > The Triangle
More informationThe Upstate, South Carolina
The Upstate, South Carolina Office Market Experiences Negative Absorption The muchanticipated pullback in the market for Greenville office leasing has arrived. This is clearly demonstrated in the first
More information100% OCCUPIED - 2 TENANT INDUSTRIAL INVESTMENT. Sun MCLEOD BUSINESS CENTER E. Post Road, Las Vegas, Nevada Commercial Real Estate, Inc.
0% OCCUPIED - TENANT INDUSTRIAL INVESTMENT Sun Commercial Real Estate, Inc. MCLEOD BUSINESS CENTER 70 E. Post Road, Las Vegas, Nevada 890 Contact Team Lisa Hauger Senior Vice President 70-968-7333 LisaH@suncommercialre.com
More informationChicago s industrial market thrives during the second quarter.
Economic Overview CHICAGO INDUSTRIAL MARKET MONITOR SECOND QUARTER 2015 Chicago s industrial market thrives during the second quarter. Demand across the Chicago industrial market remains high sending absorption
More informationMARKET SUMMARY MICHIGAN, METRO DETROIT AREA FOURTH QUARTER 2016 P LAN T E M OR AN CRES A. pmcresa.com
FOURTH QUARTER 2016 MICHIGAN, METRO DETROIT AREA MARKET SUMMARY P LAN T E M OR AN CRES A 26300 NORTHWESTERN HIGHWAY SOUTHFIELD, MI 48076 248.223.3500 pmcresa.com Connect with us for more information: Subscribe
More information2Q 16. Long Island Market Report
2Q 16 Long Island Market Report Long Island Office 2Q 216 Long Island 2Q16 Office Office Report The Long Island Office market ended the second quarter 216 with a vacancy rate of 7.5%. The vacancy rate
More informationIndustrial Market Report
Industrial Market Report West Michigan Q2 2018 Wisinski of West Michigan Office Industrial Retail Multi-Family GRAND RAPIDS The Market 1,058,079 Total Population 130+ International Companies $60,212 Average
More information1Q 17. Long Island Market Report
1Q 17 Long Island Market Report Long Island Office 1Q 217 Long Island 1Q17 Office Office Report The Long Island Office market ended the first quarter 217 with a vacancy rate of 7.1%. The vacancy rate was
More informationCHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP
CHICAGO CBD OFFICE INVESTMENT PROPERTIES GROUP SECOND QUARTER NEWSLETTER 216 HOT TOPICS Capital markets remain a focus with 14 assets either under contract or sold totaling $2.6 billion, which includes
More informationDirect Vacant (SF) Vacancy Rate (%) Grand Total ,816,898 4,632,760 4,123, % 245,399 66,997 66,997
1st Quarter 213 $25 Market Highlights With the impending move of Pinnacle leaving the market next quarter, the Memphis Office market was able to start the year on a positive note, posting nearly 67, SF
More informationMARKET WATCH SOUTHERN CALIFORNIA & PHOENIX
SOUTHERN CALIFORNIA & PHOENIX COMMERCIAL REAL ESTATE MARKET FOURTH QUARTER 217 MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX 1.888.659.DAUM WWW.DAUMCOMMERCIAL.COM D/AQ Corp. # 1129558 DAUM TABLE OF CONTENTS
More informationGreenville is a tenant s market
Research & Forecast Report GREENVILLE SPARTANBURG ANDERSON SOUTH CAROLINA OFFICE Q2 2018 Greenville is a tenant s market Crystal Baker Research Coordinator South Carolina Key Takeaways > > Large blocks
More information1Q17: 418,421 SF -128,634 SF in 4Q16. $3.52 $3.43 in 4Q % Down from 7.5% in 4Q16. $4.05 $3.90 in 4Q16. Columbia Industrial Market Report
1Q17: Columbia Industrial Market Report VACANCY 8.1% 3,919,507 SF of vacant industrial space NET ABSORPTION 418,421 SF -128,634 SF in 4Q16 AVERAGE RENTAL RATE $3.43 in 4Q16 VACANCY: CLASS A 0.4% Down from
More information+48.6 million sf office inventory
Research Market Report METROPOLITAN MILWAUKEE OFFICE 2018 Quarter 1 Research Wisconsin Introduction Following a strong second half of 2017, 2018 had a slow start. Despite an increase in vacancy and negative
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
PHOENIX, ARIZONA INDUSTRIAL THIRD QUARTER 217 QUICK STATS Direct Vacancy 8.7% Overall Vacancy 9.% Lease Rate NNN $.54 Gross Absorption Under Construction MARKET TRENDS Current Quarter 5,991,128 SF 4,751,494
More informationLandlords Getting Aggressive
Research & Forecast Report GREENVILLE SPARTANBURG ANDERSON SOUTH CAROLINA OFFICE Q2 2017 Landlords Getting Aggressive Ron Anderson Vice President of Administration South Carolina Key Takeaways > > Landlords
More informationINDUSTRIAL MARKET REPORT. San Antonio. 4th Quarter Q4 Market Trends 2016 by Xceligent, Inc. All Rights Reserved
INDUSTRIAL MARKET REPORT San Antonio 4th Quarter 2015 Table of Contents/ Methodology of Tracked Set Xceligent is a leading provider of verified commercial real estate information which assists real estate
More informationQuick Absorption of Newly Constructed Office Buildings
Research & Forecast Report CHARLESTON, SC OFFICE Q3 2016 Quick Absorption of Newly Constructed Office Buildings Bryana Mistretta Research Coordinator South Carolina Key Takeaways >> The Interstate 526
More informationBoulder, CO 2nd Quarter 2015 INDUSTRIAL. Market Trends COMMERCIAL REAL ESTATE INFORMATION
Boulder, CO 2nd Quarter 2015 INDUSTRIAL Market Trends COMMERCIAL REAL ESTATE INFORMATION Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set 2 Boulder Industrial Market
More informationNAI Earle Furman, LLC 1st Quarter 2011 Newsletter
NAI Earle Furman, LLC 1st Quarter 2011 Newsletter CELEBRATING 25 YEARS BY: EARLE FURMAN, SIOR - President and broker in charge I cannot believe that we are celebrating our 25th anniversary this year. I
More informationMARKET WATCH. Market Highlights. Select Sitar Transactions 2Q Economic Indicators. Second Quarter 2016
MARKET WATCH Market Highlights Office Total Inventory 363,536,201 SF Total Vacancy Rate 14.10% Average Rate $24.75 PSF YTD Net Absorption (931,887) SF Industrial Total Inventory 808,435,386 SF Total Vacancy
More informationStrong Absorption Drives Down Vacancy to Start 2017
Research & Forecast Report GREATER PHOENIX INDUSTRIAL 2017 Strong Absorption Drives Down to Start 2017 Key Takeaways >> Industrial vacancy in Greater Phoenix dipped below 10 percent in the first quarter,
More informationDISTRICT OF COLUMBIA IN THIS ISSUE OFFICE Q RESEARCH MARKET REPORT. State of the Economy. Leasing Activity. Development Pipeline.
RESEARCH MARKET REPORT DISTRICT OF COLUMBIA OFFICE IN THIS ISSUE State of the Economy p.2 Leasing Activity p.3 Development Pipeline p.4 Market Outlook p.5 Market Breakdown p.6 DC Development: No Signs
More informationWeighing Options NORTH I-680 CORRIDOR OFFICE Q % Research & Forecast Report. Market Indicators
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q4 2018 Weighing Options > > Office Inventory: 16,966,736 square feet > > Vacancy: 15 percent > > Net absorption: (35,823) square feet, year to date
More informationTAMI-sector resurgence drives improved quarterly leasing
Midtown South Manhattan Office, Q3 217 TAMI-sector resurgence drives improved quarterly leasing Leasing Activity 1.14 MSF Net Absorption.9 MSF Availability Rate 1.8% Vacancy Rate 6.9% Average Asking Rent
More informationThe State of the U.S. & Washington CRE Market: 2008 Review/2009 Outlook
The State of the U.S. & Washington CRE Market: 2008 Review/2009 Outlook Copyright 2008 CoStar Group, Inc. All Rights Reserved. Although CoStar makes efforts to ensure the accuracy and reliability of the
More informationSecond Quarter Industrial Market Report 2017
Second Quarter Industrial Market Report 2017 03 04 04 04 05 06 08 09 10 11 13 Executive Summary National Economy Local Economy Oklahoma City Industrial Market Leasing Net Absorption and Inventory Rental
More information2Q 17. Long Island Market Report
2Q 17 Long Island Market Report Long Island Office 2Q 217 Long Island 2Q17 Office Office Report The Long Island Office market ended the second quarter 217 with a vacancy rate of 7.2%. The vacancy rate
More informationIndustrial Outlook. An in-depth look at the Louisville industrial market. Analysis includes leasing, sales, construction and employment.
Industrial Outlook Louisville An in-depth look at the Louisville industrial market. Analysis includes leasing, sales, construction and employment. JLL Research Insight Industrial market quick out of the
More informationCoStar Industrial Statistics. Y e a r - E n d McAllen/Edinburg/Pharr Industrial Market
CoStar Industrial Statistics Y e a r - E n d 2 0 1 7 McAllen/Edinburg/Pharr Industrial Market Year-End 2017 McAllen/Edinburg/Pharr Table of Contents Table of Contents.................................................................
More informationRALEIGH-DURHAM MULTIFAMILY Q Unprecedented Investment Sales Crush All-Time Records in Research & Forecast Report.
Research & Forecast Report RALEIGH-DURHAM MULTIFAMILY Q4 2015 Unprecedented Investment Sales Crush All-Time Records in 2015 Market Indicators Relative to prior period - Q4 2014 - Q4 2015 Emily Bostic Research
More informationMARKET SUMMARY MICHIGAN, METRO DETROIT AREA SECOND QUARTER 2016 P LAN T E M OR AN CRES A. pmcresa.com
SECOND QUARTER 2016 MICHIGAN, METRO DETROIT AREA MARKET SUMMARY P LAN T E M OR AN CRES A 26300 NORTHWESTERN HIGHWAY SOUTHFIELD, MI 48076 248.223.3500 pmcresa.com Connect with us for more information: Subscribe
More informationThe CoStar Office Report
The CoStar Office Report Y E A R - E N D 2 0 0 8 YEAR-END 2008 PHOENIX Table of Contents Table of Contents.................................................................... A Methodology........................................................................
More informationThe CoStar Industrial Report
The CoStar Industrial Report M I D - Y E A R 2 0 1 0 Houston Industrial Market Houston Industrial Market MID-YEAR 2010 HOUSTON Table of Contents Table of Contents....................................................................
More informationStrong Industry and Robust Development Benefit Industrial Market at Mid-Year 2016
Research & Forecast Report NASHVILLE INDUSTRIAL 2nd Quarter 2016 Strong Industry and Robust Development Benefit Industrial Market at Mid-Year 2016 2Q 2016 Summary > > The tightening market coupled with
More information2Q 17. Office Market Report
2Q 17 Office Market Report Low vacancy rates and steady rental rates characterize the Portland office market Portland s office market has reached a level of strength not seen since the great recession.
More informationHouston s industrial market continues to expand
Research & Forecast Report HOUSTON INDUSTRIAL Q1 2017 Houston s industrial market continues to expand Lisa Bridges Director of Market Research Houston During the first quarter of 2017, 1.7M SF of Houston
More informationCoStar Industrial Statistics. Y e a r - E n d Brownsville/Harlingen Industrial Market
CoStar Industrial Statistics Y e a r - E n d 2 0 1 7 Brownsville/Harlingen Industrial Market Brownsville/Harlingen Industrial Market Year-End 2017 Brownsville/Harlingen Table of Contents Table of Contents.................................................................
More informationDenver s Retail Sector Keeps Rolling 500, , , , , , , , ,000 50,000. Square Feet
Research & Forecast Report METRO DENVER RETAIL Q4 2017 s Retail Sector Keeps Rolling Market Overview Net absorption finished the second half of 2017 with strong positive numbers from s Central and Northwest
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
ORANGE COUNTY INDUSTRIAL SECOND QUARTER 218 QUICK STATS Direct Vacancy 2.2% Overall Vacancy 2.5% Lease Rate NNN $.95 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,956,71 SF 1,367,18
More informationThe CoStar Office Report
The CoStar Office Report T H I R D Q U A R T E R 2 0 1 2 THIRD QUARTER 2012 PHOENIX Table of Contents Table of Contents.................................................................... A Methodology........................................................................
More informationGaining Traction Gradually in 2018
Research & Forecast Report RENO OFFICE Q1 2018 Gaining Traction Gradually in 2018 >> Overall vacancy increased slightly to 12.3% >> Negative net absorption of 13,792 square feet >> Rental rates remained
More informationShrinking Supply Continues To Push Rates
Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q1 2017 Shrinking Supply Continues To Push Rates > Office inventory: 8,221,819 > Vacancy: 10.5 percent > Net absorption: 49,103 year-to-date
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
ORANGE COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.7% Lease Rate NNN $.91 Gross Absorption Under Construction MARKET TRENDS Current Quarter 4,283,991 SF 963,138
More information3 RD QUARTER 2015 RICHMOND RETAIL MARKET REPORT FORECAST 5.7% VACANCY 509,220 SF UNDER CONSTRUCTION 370,165 SF NET ABSORPTION
3 RD QUARTER 2015 RICHMOND RETAIL MARKET REPORT FORECAST As 2015 winds down, the vacancy rates are approaching an all time low. Retail inventory is down causing an increase in construction with national
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 11.4% Overall Vacancy 11.7% Lease Rate FSG $1.83 Gross Absorption Under Construction MARKET TRENDS Current Quarter 529,634 SF 45,24 SF
More informationThe CoStar Office Report. T h i r d Q u a r t e r Greensboro/Winston-Salem Office Market
The CoStar Office Report T h i r d Q u a r t e r 2 0 1 4 Greensboro/Winston-Salem Office Market Third Quarter 2014 Greensboro/Winston-Salem Table of Contents Table of Contents.................................................................
More information>> 2016 Off to A Good Start for Tri-Cities
Research & Forecast Report TRI-CITIES OFFICE Q1 216 Accelerating success. >> 216 Off to A Good Start for Tri-Cities Key Takeaways > The Tri-Cities office market saw vacancy decline for the seventh consecutive
More informationThe Office Market Feels The Heat in Q2
Research & Forecast Report RENO OFFICE Q2 2017 The Office Market Feels The Heat in Q2 >>All major office submarkets have decreased vacancy and positive absorption this quarter >>The overall vacancy decreased
More informationMiami-Dade County Retail Market Report 3Q Real Capital Partners Real Estate Services. *Data Source CoStar Miami-Dade County Retail Market Report
Miami-Dade County Retail Market Report 3Q 216 Real Capital Partners Real Estate Services *Data Source CoStar Miami-Dade County Retail Market Report 3Q 216 Miami-Dade County Retail Market Report Overview
More informationResearch KANSAS CITY 3Q17 INDUSTRIAL MARKET. Current Conditions
4.6 Million Square feet of Net Absorption YEAR TO-DATE The Kansas City industrial market continued its strong growth into the third quarter of 2017, as 1.6 million square feet of net absorption was posted.
More informationThe Improvement of the Industrial Market
Research & Forecast Report Long Island industrial MARKET Q2 2015 The Improvement of the Industrial Market Rose Liu Research & Financial Analyst Long Island Takeaways The overall economy on Long Island
More informationSan Fernando Valley and Ventura County Witness Declining Vacancy
OFFICE SAN FERNANDO & VENTURA MARKET REPORT San Fernando Valley and Ventura County Witness Declining MARKET OVERVIEW The San Fernando Valley and Ventura County office market saw total vacancy decrease
More informationThe CoStar Office Report
The CoStar Office Report Y E A R - E N D 2 0 0 9 YEAR-END 2009 SALT LAKE CITY Table of Contents Table of Contents.................................................................... A Methodology........................................................................
More informationFirst Quarter 2017 Industrial Market Report. Chicago. Economic Overview
Chicago Market Facts 5.3% Chicago s unemployment rate continued to trend downward. Recorded at 5.3% as of February 2017. 17 MSF The number of completed projects increased to 5.1 msf and projects currently
More informationMetro Milwaukee Industrial Market Report 2017 Q2
RETAIL OFFICE INDUSTRIAL LAND INVESTMENT NAI MLG COMMERCIAL 414 347 9400 757 N BROADWAY, SUITE 700, MILWAUKEE, WI 53202 MLGCOMMERCIAL.COM Market intelligence is an essential component to NAI MLG Commercial
More informationRETAIL MARKET SECOND QUARTER 2018
RETAIL MARKET SECOND QUARTER 2018 1900 Wright Place, Suite 200 92008 760-929-9700 lee-associates.com/sandiegonorth RETAIL MARKET SECOND QUARTER 2018 MARKET SNAPSHOT North County totals are based on the
More informationThe Upstate, South Carolina
The Upstate, South Carolina Tenant Favorability Remains Both Greenville s and Spartanburg s Central Business Districts (CBD) had positive absorption over the first quarter of 2018. The Upstate saw an increase
More informationCoStar Office Statistics. Y e a r - E n d McAllen/Edinburg/Pharr Office Market
CoStar Office Statistics Y e a r - E n d 2 0 1 7 McAllen/Edinburg/Pharr Office Market Year-End 2017 McAllen/Edinburg/Pharr Table of Contents Table of Contents.................................................................
More informationMetropolitan Milwaukee Office Market Report Third Quarter 2015
Metropolitan Milwaukee Office Market Report Third Quarter 2015 RETAIL OFFICE INDUSTRIAL LAND INVESTMENT NAI MLG COMMERCIAL 414 347 9400 757 N BROADWAY, SUITE 700, MILWAUKEE, WI 53202 MLGCOMMERCIAL.COM
More informationMARKET WATCH. Market Highlights
MARKET WATCH Market Highlights Office Total Inventory 363,526,845 SF Total Vacancy Rate 13.40% Average Rate $25.11 PSF YTD Net Absorption 405,481 SF Industrial Total Inventory 812,881,868 SF Total Vacancy
More information3 RD QUARTER 2016 RICHMOND RETAIL MARKET REPORT FORECAST 5.3% VACANCY 349,524 SF UNDER CONSTRUCTION (137,905) SF NET ABSORPTION
3 RD QUARTER 2016 RICHMOND RETAIL MARKET REPORT FORECAST All signs indicate a stabilized market that continues to support well-located new development. The majority of absorption in the 3rd quarter was
More informationPositive Net Absorption Recorded For The Ninth Consecutive Quarter
OFFICE SAN FERNANDO & VENTURA MARKET REPORT Positive Net Absorption Recorded For The Ninth Consecutive Quarter MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.2% NET ABSORPTION 116,700 CONSTRUCTION 120,933
More informationOFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
LOS ANGELES SAN GABRIEL VALLEY OFFICE SECOND QUARTER 218 QUICK STATS Direct Vacancy 11.1% Overall Vacancy 11.4% Lease Rate FSG $2.32 Gross Absorption Under Construction MARKET TRENDS Current Quarter 345,68
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.
LOS ANGELES NORTH INDUSTRIAL THIRD QUARTER 218 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.6% Lease Rate NNN $1.1 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,632,564 SF 595,199
More informationEconomic Overview DENVER INDUSTRIAL/FLEX MARKET MONITOR FIRST QUARTER Denver s industrial flex market vibrant during the first quarter.
Economic Overview DENVER INDUSTRIAL/FLEX MARKET MONITOR FIRST QUARTER 2015 Denver s industrial flex market vibrant during the first quarter. The Denver industrial market has record high asking rental rates,
More informationPostive Demand and Robust Leasing Fuels Tri-Cities Market
Q4 215 office tri-cities market report Postive Demand and Robust Leasing Fuels Tri-Cities Market Market overview MARKET indicators - Q4 215 VACANCY 14.4% NET ABSORPTION 127,7 CONSTRUCTION 167,8 RENTAL
More informationThe CoStar Office Report
The CoStar Office Report M I D - Y E A R 2 0 0 7 MID-YEAR 2007 SAN DIEGO Table of Contents Table of Contents.................................................................... A Methodology........................................................................
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
INLAND EMPIRE INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 5.1% Overall Vacancy 5.3% Lease Rate NNN $.57 Gross Absorption Under Construction MARKET TRENDS Current Quarter 9,23,744 SF 16,31,563
More informationBoulder, CO 2nd Quarter 2015 OFFICE. Market Trends COMMERCIAL REAL ESTATE INFORMATION
Boulder, CO 2nd Quarter 2015 OFFICE Market Trends COMMERCIAL REAL ESTATE INFORMATION Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set 2 Boulder Office Market Map
More informationLEHIGH VALLEY COMMERCIAL REAL ESTATE REPORT OFFICE & INDUSTRIAL MARKETS
www.lehighvalley.org LEHIGH VALLEY COMMERCIAL REAL ESTATE REPORT OFFICE & INDUSTRIAL MARKETS ISSUE #015 Q3 2018 One of the core principles of the Economic Development Corporation (LVEDC) is to serve as
More informationGreenville defies the nationwide trend of retail closures
Research & Forecast Report GREENVILLE SPARTANBURG ANDERSON, SC RETAIL Q3 2017 Greenville defies the nationwide trend of retail closures Crystal Baker Research Coordinator South Carolina Key Takeaways >
More informationOffice Market Continues to Improve
Research & Forecast Report LAS VEGAS OFFICE Q3 2016 Office Market Continues to Improve > > Southern Nevada s office market is improving at a steady rate > > Net absorption has been positive in twelve of
More informationMARKET WATCH. Market Highlights. Select Sitar Transactions 4Q Economic Indicators. Fourth Quarter 2016
MARKET WATCH Market Highlights Office Total Inventory 363,737,578 SF Total Vacancy Rate 13.80% Average Rate $24.83 PSF YTD Net Absorption 516,314 SF Industrial Total Inventory 810,511,130 SF Total Vacancy
More informationVacancy Edges Lower in Fourth Quarter
Research & Forecast Report FAIRFIELD OFFICE Q4 Vacancy Edges Lower in Fourth Quarter > > Office Inventory: 5,067,112 > > Current Vacancy: 14.2% > > Net Absorption: 63,610 The vacancy rate for office space
More informationINDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS
VENTURA COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.1% Overall Vacancy 2.4% Lease Rate NNN $.7 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,332,957 SF 774,362
More information2018: The Year of Office Sales
Research & Forecast Report RENO OFFICE Q4 2018 2018: The Year of Office Sales >> Multiple significant office sales over 10,000 square feet >> Large blocks of space returned to the market increasing vacancy
More information>> Asking Rents Increase As Space Remains Limited
Research & Forecast Report MID-COUNTIES INDUSTRIAL Accelerating success. >> Asking Rents Increase As Space Remains Limited Key Takeaways > Average asking rents increased $0.02 Per Square Foot (P) Triple
More informationA tight Columbia market may lead to office transformation
Research & Forecast Report COLUMBIA, SC OFFICE Q3 2018 A tight Columbia market may lead to office transformation Crystal Baker Research Coordinator South Carolina Key Takeaways > > The Columbia office
More informationBOSTON INDUSTRIAL MARKET
BOSTON INDUSTRIAL MARKET FIRST QUARTER 217 INDSTATUS WAREHOUSE SPACE Inside... Manufacturing market posts largest absorption in more than a year Warehouse rents reach highest price since 24 Six consecutive
More informationCoStar Industrial Statistics. T h i r d Q u a r t e r St. Louis Industrial Market
CoStar Industrial Statistics T h i r d Q u a r t e r 2 0 1 7 Third Quarter 2017 St. Louis Table of Contents Table of Contents................................................................. A Methodology......................................................................
More informationSan Antonio 4th Quarter 2014 INDUSTRIAL. Market Trends COMMERCIAL REAL ESTATE INFORMATION
San Antonio 4th Quarter 2014 INDUSTRIAL Market Trends COMMERCIAL REAL ESTATE INFORMATION Table of Contents/Methodology of Tracked Set Table of Contents/Methodology of Tracked Set 2 San Antonio Market Map
More informationOffice Market Remained Steady in Q4
Research & Forecast Report Long Island OFFICE MARKET Q4 2015 Office Market Remained Steady in Q4 Rose Liu Research & Financial Analyst Long Island Takeaways Class A & B Continuing the momentum, the Long
More information