Macquarie ProLogis Trust Acquisition of North American industrial portfolio

Size: px
Start display at page:

Download "Macquarie ProLogis Trust Acquisition of North American industrial portfolio"

Transcription

1 Macquarie ProLogis Trust Acquisition of North American industrial portfolio ^éêáä=ommr

2 Overview Macquarie ProLogis Trust (MPR) has acquired an interest in nine high quality properties in North America, recently developed by ProLogis Purchase price of US$134.4 million, reflecting initial yield of 7.4% 100% occupancy with average lease expiry of 7.0 years High quality customers and market positions Funded using 1st instalment proceeds of SHEDS 1 raised in March st tranche of intended acquisitions during 2005 Total SHEDS proceeds ($150 million) expected to partially fund acquisitions with an aggregate price of approx. US$240 million and an average initial yield of approx. 7.75% to 8.0% Underpins expectations of potential increase in earnings resulting from SHEDS issue Growth continues with strong property fundamentals Opportune time for acquisitions as US industrial property market recovery gains traction and exchange rate at historic highs Reinforces benefit to unitholders of ProLogis development pipeline For more detail on US warehouse markets, please see ProLogis latest published research report at: 1 Step-up Hybrid Exchangeable Distributing Securities, issued by Macquarie ProLogis Income Trust (a member of the MPR group) 2

3 Portfolio details Property Market Region Acquired Area (Sq ft) Appraised Valuation (US$M) Acquisition Price (US$M) (%) (1) West Chester Commerce Park #4-B Cincinnati, OH Mid-West 31, Capital Park South Distribution Center #11 Columbus, OH Mid-West 749, Dallas Corporate Center #11 Dallas, TX Central 128, ProLogis Park I-210 Distribution Center #1 Los Angeles, CA Pacific 882, Memphis Industrial Park #200 & #300 Memphis, TN Southeast 536, Crossroads Corporate Center #4 Salt Lake City, UT Pacific 149, Gateway Distribution Center #1 Washington, D.C. Northeast 65, Tijuana Industrial Center #1 Tijuana, MX Mexico 131, Tijuana Industrial Center #9 Tijuana, MX Mexico 90, Total / Average 2,765, NK _~ëéç=çå=~åèìáëáíáçå=éêáåé= 3

4 Impact on MPR portfolio as at 31 March 2005 Total Building Area (sf) No of Properties Geographic Markets Total portfolio value (US$m) Average Building Size (sf) 261, , ,522 Office Content (%) Average Age (years) Average Site Area (acres) Average Site Coverage (%) Average Lease Expiry Date 3 Nov 2009 Mar 2012 Jan 2010 Leased (%) Pre Acquisition 28,267, , March 2005 Portfolio 2,765, Post Acquisition 31,032, (4) 31 1, Notes 1. Weighted by square feet 2. Weighted by appraised valuation 3. Weighted by income 4. West Chester Commerce Park #4 A B is counted as one property 4

5 Lease expiry profile As at 31 March 2005, by current income Extends average lease expiry by 2 months to January 2010 (4.8 years) No significant lease expiry until FY 2007 (17.7%, down from 18.8% at December 2004 and 25.9% at IPO) 40% 35% 30% 25% 20% 15% 10% 5% 0% 30.5% 17.7% 15.6% 12.2% 11.0% 5.0% 5.6% 2.4% FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY

6 20% 15% 10% 5% 0% Improved diversification Strengthens MPR s presence in existing markets Further tenant diversification 67% of rent in new acquisitions represented by S&P-rated credit companies Geographic Distribution by Market (by Appraised Value) Geographic Distribution by Region (by Appraised Value) 15.6 % Mexico 12.0% Mid-West 16.9% Pacific 21.1% Northeast 9.8% 7.3% 6.0% 5.8% 5.3% 4.8% 4.6% 3.9% 3.7% 3.6% 3.6% 3.5% 3.2% 2.9% 2.8% 2.8% 2.6% 2.4% 2.2% Central 17.2% 1.9 % 1.8 % 1.7 % 1.3 % 1.3 % 1.3 % 1.2 % 0.9% Southeast 22.9% 0.6% 0.5% 0.5% 0.4% 6 Los Angeles Dallas Memphis Columbus Eastern PA Tijuana Atlanta San Antonio Reynosa St. Louis Baltimore Houston Chicago Monterrey Reno Northern New Jersey El Paso Louisville Charlotte Washington, D.C. Cincinnati Broward County Nashville Orlando San Francisco Southern New Jersey Tampa Juarez Portland Denver Salt Lake City

7 New Market Salt Lake City, Utah Salt Lake City has emerged as a regional warehouse market due to proximity to West Coast via Interstate 80, servicing the Intermountain West market comprising of Idaho, Wyoming, Utah and Montana. Strong infrastructure network, including recently expanded International Airport. Metropolitan area has a population in excess of 1.4 million. Job growth of 2.9% in 2004 exceeded national average of 1.6%. Cost of living is 4% below the national average Significant drop in industrial vacancy rates points to solid recovery Vacancy rates declined from 10.5% to 8.5% during 2004 Increased activity reflected by 10% rise in completed transactions in

8 Crossroads Corporate Center #4 Salt Lake City, Utah Located in the Interstate 240/ Southeast market, 6 miles from Memphis International Airport (hub for FedEx) and 13 miles from Memphis CBD Located 1.5 miles south of Salt Lake City International Airport, and 4 miles west of the Central business district Leased to three customers for an average of 5 years remaining term Keebler Company, occupying 50% of the property, is owned by Kellogg (S&P rated BBB+), and the lease term runs through December 2012 Market is stable, with very little new construction in last 3 years Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenants Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$6,160, ,800 SF $ % March 2010 Keebler Co. US Container Co. Northwest Tire Factory % 5.0% 28ft 9.4% 9.5% $3.30psf $3.88psf 8

9 West Chester Commerce Park #4B Cincinnati, Ohio Remaining portion of condo building contributed in 2004 Total building 81,000 SF valued at US$4.9 million, 100% occupancy, initial yield 8.5% High visibility location within 1 mile of Interstate 75 and Union Centre Boulevard interchange Leased to two customers for an average of 3.4 years remaining term Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenants Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$1,800,000 31,800 SF $ % August 2009 Rite Rug Co. Protégé Delivery % 15.6% 20ft 8.1% 9.3% $4.66psf $4.70psf 9

10 Capital Park South Dist. Center #11 Columbus, Ohio Brand new, state of the art larger bulk building complements other MPR holdings at Capital Park South Excellent location within I-270 Southwest submarket - fronts I-270 at State Route 62 exit Leased to three strong credit customers with an average remaining lease term of 7.8 years: Bacou Dalloz and Nippon are public companies Nippon and Relizon are S&P rated A- and BB- respectively. Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry US$28,500, ,952 SF $ % January 2013 Tenants Year Built Bacou-Dalloz USA. Nippon Express USA The Relizon Co Site Coverage 41.8% % Office 1.4% Clear Height 32ft 7.7% 10 Year IRR 8.8% Average Net Market Rent $2.67psf Average Net Passing Rent $2.96psf 1 NK 10 fååäìçéë=êéåí=çñ=amkpu=éëñ=êéä~íáåö=íç=~äçîé=ëí~åç~êç=íéå~åí=áãéêçîéãéåíë=

11 Dallas Corporate Center #11 Dallas, Texas State of the art bulk distribution facility developed by ProLogis in 1999 Excellent location in Dallas Corporate Center, ProLogis premier industrial park in Dallas, at intersection of Interstates 35 and 635 Dallas market continues to lag the broader U.S. economic recovery, although investor demand for product remains strong No expiry until 2009 Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenants Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$5,300, ,276 SF $ % September 2009 Midway Home Ent. Walker & Zanger Otis Elevator Co % 9.1% 24ft 8.8% 9.0% $3.40psf $3.54psf 11

12 ProLogis Park I-210 Dist Center #1 Los Angeles, California Brand new state of the art 30-foot clear distribution facility Located in the Inland Empire East submarket, one of the fastest growth submarkets in the US, within one quarter mile of the newly expanded Interstate 210, allowing direct access to the LA Basin West Access provides for rapid distribution to greater L.A. area as well as the Western US via Interstates 10,15 and 40 Leased to Solo Cup, S&P rated B+, on a 10-year term Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenant Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$54,500, ,230 SF $ % May 2015 Solo Cup Co % 0.8% 30ft 6.0% 8.2% $3.72psf $3.72psf 12

13 Memphis Industrial Park #200 & #300 Memphis, Tennessee Recently expanded ProLogis-developed facility, driven by customer expansion Located in the Interstate 240/ Southeast market, 6 miles from Memphis International Airport (hub for FedEx) and 13 miles from Memphis CBD Market activity increasing with numerous large projects and active leasing Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenants Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$19,800, ,900 SF $ % June 2009 Menlo Logistics USF Processors Stuart Medical 2001 and % 2.9% 30ft and 32ft 8.2% 9.0% $2.96psf $3.06psf 13

14 Gateway Distribution Center #1 Washington, D.C. Situated just north of Dulles International Airport, in the Interstate 66/Dulles submarket, providing access throughout the Northern Virginia region Leased at below market rents to three customers for an average 3.5 years remaining lease term Kuehne & Nagel, occupying 50% of the property, is a public company that has been in business for 119 years, with $6 billion in sales and $.8 billion net worth. Market is showing signs of strength:overall ProLogis occupancy is 93.3%; MPR occupancy is 100% Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenants Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$7,000,000 65,202 SF $ % September 2009 Kuehne & Nagel Dunbar Armored Potomac Floor Covering % 18.4% 24ft 7.3% 8.8% $8.50psf $7.85psf 14

15 Tijuana Industrial Center #1 Tijuana, Mexico Brand-new, state of the art facility Excellent location close to other MPR assets in Tijuana Leased by Bose Corporation since 1999 Market continues to show signs of strength. MPR stabilized portfolio in Tijuana is 96.7% leased. Leases in process for remaining 42,368 SF vacancy will bring total occupancy to 100% Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenant Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$6,800, ,110 SF $ % March 2008 Bose Corp % 8.0% 24ft 10.2% 11.4% $5.30psf $5.31psf 15

16 Tijuana Industrial Center #9 Tijuana, Mexico Brand-new, state of the art facility Excellent location close to other MPR assets in Tijuana Leased to two customers for an average of 4.8 years remaining term Market continues to show signs of strength: MPR stabilized portfolio in Tijuana is 96.7% leased. Leases in process for remaining 42,368 SF vacancy will bring total occupancy to 100% Key statistics Independent Valuation Building Area Value psf Occupancy Average Lease Expiry Tenant s Year Built Site Coverage % Office Clear Height 10 Year IRR Average Net Market Rent Average Net Passing Rent US$5,300,000 90,000 SF $ % January 2010 Uni US de Mexico. Tobutsu de Mexico % 14.7% 24ft 10.1% 11.6% $5.86psf $5.93psf 16

17 Rent review profile Following acquisition of the March 2005 Properties, the financial year rent review profile of MPR s portfolio as at 31 March 2005 is as follows: Financial year % rent subject to expiry (1) % rent subject to no review (1) % rent subject to fixed review (1) Total For those leases with a fixed review (2) : Weighted average fixed review % (1) Represents the percentage of the relevant year s contracted rent (2) Represents the average fixed increase of those leases subject to a fixed rent review in the relevant period. Please note that this profile relates to existing leases only, and makes no assumptions about rent on new or renewal leases. NOI growth is generally generated by a combination of fixed rent reviews and any increase (or decrease) in rents arising from new or renewal leases upon expiry (including any associated downtime). 17

18 Macquarie ProLogis Trust This presentation has been prepared by Macquarie ProLogis Management Limited (MPML) for general information purposes only, without taking into account any potential investors personal objectives, financial situation or needs. Before investing in MPR, you should consider your own objectives, financial situation and needs or obtain independent financial, legal and/or taxation advice. Past performance information provided in this presentation is not a reliable indication of future performance. Due care and attention has been exercised in the preparation of forecast information, however, forecasts, by their very nature, are subject to uncertainty and contingencies many of which are outside the control of MPML. Actual results may vary from forecasts and any variation may be materially positive or negative. MPML is entitled to receive fees for operating MPR, which are calculated by reference to the value of the assets and performance of MPR. Entities within the Macquarie Bank Group may also provide resources to MPR. For further information on fees relating to MPR, refer to MPR's latest annual report. Investments in MPR are not deposits with or other liabilities of Macquarie Bank Limited ABN (MBL) or of any Macquarie Bank Group company and are subject to investment risk, including possible delays in repayment and loss of income or principal invested. None of MBL, MPML or any other member company of the Macquarie Bank Group guarantees the performance of MPR or the repayment of capital from the fund or any particular rate of return. This information contained herein is current as at the date of this presentation. Macquarie Group

MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE

MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE MARCH 2019 CITI 2019 GLOBAL PROPERTY CEO CONFERENCE SAFE HARBOR This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of

More information

MARCH 2018 CITI 2018 GLOBAL PROPERTY CEO CONFERENCE

MARCH 2018 CITI 2018 GLOBAL PROPERTY CEO CONFERENCE MARCH 2018 CITI 2018 GLOBAL PROPERTY CEO CONFERENCE SAFE HARBOR This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of

More information

Industrial Real Estate Portfolio

Industrial Real Estate Portfolio Industrial Real Estate Portfolio Portfolio Coverage Page 7 6565 Echo Avenue, Reno, NV Property Summary Address: Size (SF): Office Finish: HVAC Space: Year Built: 2003 Site Area: 6565 Echo Avenue Reno,

More information

Americas Office Trends Report

Americas Office Trends Report AMERICAS OFFICE TRENDS REPORT Americas Office Trends Report Summary The overall national office market recovery slowed slightly in the first quarter of 2016 amid financial market volatility. However, as

More information

U.S. Economic and Institutional Apartment Market Overview and Outlook. January 7, 2015

U.S. Economic and Institutional Apartment Market Overview and Outlook. January 7, 2015 U.S. Economic and Institutional Apartment Market Overview and Outlook January 7, 2015 Emerging Economic Trends Inflation Adjusted Crude Oil Prices In Alignment with Long-Term Average Price per Barrel (Nov.

More information

Nashville the #5 Market to Watch in 2019

Nashville 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 information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL 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 information

Investor Presentation 2007

Investor Presentation 2007 Investor Presentation 2007 1 Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. These statements reflect management s current

More information

Growing Demand for Smaller Industrial Properties

Growing Demand for Smaller Industrial Properties Growing Demand for Smaller Industrial Properties Moderator: Lew Friedland, Colony Capital Panelists: Rene Circ, CoStar Portfolio Strategy Brian Fiumara, CBRE Andrew Mele, Trammell Crow Company #crec15

More information

WESTCHESTER COUNTY MARKET OVERVIEW AND DEVELOPMENT TRENDS

WESTCHESTER COUNTY MARKET OVERVIEW AND DEVELOPMENT TRENDS WESTCHESTER COUNTY MARKET OVERVIEW AND DEVELOPMENT TRENDS PACE LAND USE LAW CENTER ANNUAL CONFERENCE PRESENTED BY: WILLIAM V. CUDDY, JR. December, 2017 PAGE 0 MULTIFAMILY RESIDENTIAL AND ECONOMIC DEVELOPMENT

More information

DCT INDUSTRIAL TRUST REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS. Net Earnings of $0.22 per Diluted Share in Q4; $1.11 per Diluted Share in 2017

DCT INDUSTRIAL TRUST REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS. Net Earnings of $0.22 per Diluted Share in Q4; $1.11 per Diluted Share in 2017 Press Release FOR IMMEDIATE RELEASE: DCT INDUSTRIAL TRUST REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS Net Earnings of $0.22 per Diluted Share in Q4; $1.11 per Diluted Share in 2017 FFO, as adjusted,

More information

MDT Portfolio Summary (29 April 2005)

MDT Portfolio Summary (29 April 2005) MDT Portfolio Summary (29 April 2005) Total number of properties Value Average value Total GLA Average size Total owned GLA Average owned size Base rent Current yield Weighted average lease expiry Leased

More information

OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035

OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035 OFFICE/RETAIL SPACE FOR LEASE 6605 Columbus Pike Lewis Center, Ohio 43035 2,500 +/- Square Feet Available Skip Weiler skip@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

An Analysis of Industrial Infill Development. Marty Busekrus, HFF Ed Harrington, CenterPoint Properties Cathy Thuringer, Trammell Crow

An Analysis of Industrial Infill Development. Marty Busekrus, HFF Ed Harrington, CenterPoint Properties Cathy Thuringer, Trammell Crow An Analysis of Industrial Infill Development Marty Busekrus, HFF Ed Harrington, CenterPoint Properties Cathy Thuringer, Trammell Crow Marty Busekrus HFF Director with HFF focusing on the industrial capital

More information

Americas Office Trends Report

Americas Office Trends Report Americas Office Trends Report Summary The overall U.S. office market picked up the pace in the second quarter of 2016 despite continued global economic and financial market uncertainty. While the Brexit

More information

The CoStar Office Report

The CoStar Office Report DCN:6155 The CoStar Office Report T H I R D Q U A R T E R 2 0 0 4 National Office Market Table of Contents Table of Contents.................................................................... A Methodology........................................................................

More information

Naturally Occurring Affordable Housing

Naturally Occurring Affordable Housing Naturally Occurring Affordable Housing NAAHL Annual Conference December 1, 2016 page 1 Slicing And Dicing Rental Housing U.S. Rental Housing Inventory By Units Rent Subsidized 3.3 Million 8% Market Rate

More information

Positioned for Performance. j u n e Fine Arts Building Berkeley, CA

Positioned for Performance. j u n e Fine Arts Building Berkeley, CA Positioned for Performance j u n e 2009 Fine Arts Building Berkeley, CA Trump Place New York, NY 180 Riverside Equity Residential has a portfolio of high-quality assets focused in high-growth markets where

More information

Macquarie Mexican REIT

Macquarie Mexican REIT Macquarie Mexican REIT Fourth Quarter 2012 Results Presentation February 26, 2013 4Q12 Results Agenda 1. Overview Nick O Neil 2. Highlights & Portfolio Performance Jaime Lara 3. Financials Jaime Lara 2

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS LOS ANGELES CENTAL/SOUTHEAST OFFICE THIRD QUARTER 218 QUICK STATS Direct Vacancy 14.7% Overall Vacancy 15.2% Lease Rate FSG $3.16 Gross Absorption Under Construction MARKET TRENDS Change from Last Quarter

More information

REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE

REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE REDEVELOPMENT OPPORTUNITY 3 GROUP HOMES FOR SALE Hampstead Dr Columbus Teakwood Dr Columbus Hampstead Dr Teakwood Dr Columbus Ida Ave Ida Ave Grandview Todd Schiff tschiff@rweiler.com 10 N. High St. Suite

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE 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 information

Solid Fundamentals Keep Nashville Industrial Market Competitive in 1Q

Solid 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 information

RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION RETAIL REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE Nowhere do we hear more discussion of disruption as in the retail property sector. Ecommerce has a powerful effect,

More information

U.S. GDP (2012 Q Q2)

U.S. GDP (2012 Q Q2) U.S. GDP (2012 Q3 2014 Q2) U. S. Employment Employment Recovery Following the Last Two Downturns Rail Traffic: Containers Rail Traffic: Commodities Select Rail Traffic Residential Mortgages Pipeline of

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE 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 information

Investor Presentation December 2017

Investor Presentation December 2017 Investor Presentation December 2017 Cautionary Statement This presentation includes statements concerning our expectations, beliefs, plans, objectives, goals, strategies, future events or performance and

More information

Investor Presentation September 2017

Investor Presentation September 2017 Investor Presentation September 2017 1 Table of Contents Company Overview & 2017 Guidance 3 6 Multifamily Fundamentals 7 11 Camden s Portfolio 12 22 Real Estate Transactions 23 29 Capital Structure & Liquidity

More information

IRVINE, Calif. May 8, 2014

IRVINE, Calif. May 8, 2014 ALL-CASH SHARE OF U.S. RESIDENTIAL SALES REACHES NEW HIGH IN FIRST QUARTER EVEN AS INSTITUTIONAL INVESTOR SHARE OF SALES DROPS TO LOWEST LEVEL SINCE Q1 2012 May 5, 2014 By RealtyTrac Staff All-Cash Purchases

More information

EXCLUSIVELY LISTED INVESTMENT OFFERING

EXCLUSIVELY LISTED INVESTMENT OFFERING EXCLUSIVELY LISTED INVESTMENT OFFERING MICHIGAN INVESTMENT OPPORTUNITY 444 MAIN STREET BELLEVILLE, MI 48111 Representative Photo PRESENTED BY: JASON STUART PONGSRIKUL Managing Principal Direct: 619.297.0055

More information

OFFICE SPACE FOR LEASE E Dublin Granville Road Columbus, Ohio ,800 +/- Square Feet Available

OFFICE SPACE FOR LEASE E Dublin Granville Road Columbus, Ohio ,800 +/- Square Feet Available OFFICE SPACE FOR LEASE 1855 E Dublin Granville Road Columbus, Ohio 43229 5,800 +/- Square Feet Available Todd Schiff tschiff@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

Strong Industry and Robust Development Benefit Industrial Market at Mid-Year 2016

Strong 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 information

U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016

U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016 U.S. MULTIFAMILY MARKETVIEW FIGURES Q4 2016 U.S. MULTIFAMILY MARKETVIEW Q4 2016 2016 DELIVERS IMPRESSIVE DEMAND AND NEW SUPPLY TOTALS Vacancy Rate 4.9% Net Absorption* 201,000 Units Rentable Completions*

More information

MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION MULTIFAMILY REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE Just when the upcycle for rental apartments seemed to be approaching its peak, along came the Tax Act of 2017,

More information

CALUMET BUSINESS CENTER

CALUMET BUSINESS CENTER CALUMET BUSINESS CENTER O F F E R I N G S U M M A R Y Twelve Industrial Buildings Totaling 2,070,579 Square Feet Currently 93% Occupied Direct Class I Rail Service Majority of Space Controlled by Credit

More information

Cycle Forecast Real Estate Market Cycles Second Quarter 2018 Estimates

Cycle Forecast Real Estate Market Cycles Second Quarter 2018 Estimates Cycle Forecast Real Estate Market Cycles Second Quarter 20 Estimates The Congressional Budget Office (CBO) is forecasting Gross Domestic Product (GDP) at rates below 2.0% for the next 0 years and employment

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS LOS ANGELES NORTH OFFICE FOURTH QUARTER 217 QUICK STATS Direct Vacancy 11.8% Overall Vacancy 12.5% Lease Rate FSG $2.75 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,6,941 SF 89,158

More information

Investor Presentation November 2017

Investor Presentation November 2017 Investor Presentation November 2017 1 Table of Contents Company Overview & 2017 Highlights 3 6 Multifamily Fundamentals 7 11 Camden s Portfolio 12 22 Real Estate Transactions 23 29 Capital Structure &

More information

National Property Type Cycle Locations. Retail 1st Tier Regional Mall. Industrial R&D Flex Retail Factory Outlet+1 Retail Neighborhood/Community

National Property Type Cycle Locations. Retail 1st Tier Regional Mall. Industrial R&D Flex Retail Factory Outlet+1 Retail Neighborhood/Community Cycle Monitor Real Estate Market Cycles Third Quarter 0 Analysis November 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. International turmoil, slow European Union

More information

MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX

MARKET 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 information

HOUSTON INDUSTRIAL MARKET

HOUSTON INDUSTRIAL MARKET REAL ESTATE OUTLOOK HOUSTON INDUSTRIAL MARKET FIRST QUARTER 217 Industrial Sector Continues Push Forward Flex Market Softening under Pressure from Office Market Availability OV E R V I E W Industrial gains

More information

Supplemental Information December 31, 2017

Supplemental Information December 31, 2017 Conference Call 888-632-3384 ID - EastGroup February 1, 2018 11:00 a.m. Eastern Standard Time webcast available at www.eastgroup.net Supplemental Information December 31, 2017 Alamo Ridge Business Park

More information

NEW CLASS A INDUSTRIAL MANUFACTURING CAMPUS

NEW CLASS A INDUSTRIAL MANUFACTURING CAMPUS Placentia Ave W Placentia Ave 215 NEW CLASS A E Rider St N Perris Blvd W Rider St PERRIS COMMERCE CENTER FOR SALE OR LEASE NEW +/- 7,755 SQ. FT. BUILDING DON ARCHER VICE PRESIDENT 909 243 7600 TEL 714

More information

NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION

NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION NATIONAL ASSOCIATION OF REALTORS RESEARCH DIVISION COMMERCIAL REAL ESTATE Positive Demand Overcomes Weak Economic Performance in 2014.Q1 George Ratiu Director, Quantitative & Commercial Research First

More information

Pennsbury Professional Center 201 Woolston Drive Morrisville, PA

Pennsbury Professional Center 201 Woolston Drive Morrisville, PA Pennsbury Professional Center 201 Woolston Drive Morrisville, PA A VALUE-ADD MEDICAL OFFICE OPPORTUNITY WITH CONVENIENT ACCESS TO ROUTE 1 AND DENSE SURROUNDING POPULATION INVESTMENT SUMMARY Page 1 EXECUTIVE

More information

U.S. Multifamily MarketView

U.S. Multifamily MarketView U.S. Multifamily MarketView CBRE Global Research and Consulting VACANCY RATE.% NET ABSORPTION 7, Units RENTABLE COMPLETIONS 8,55 Units Y-o-Y RENT CHANGE.% Arrows indicate change from previous year. Total

More information

PERRIS CIRCLE INDUSTRIAL PARK #1 290 MARKHAM STREET PERRIS, CA

PERRIS CIRCLE INDUSTRIAL PARK #1 290 MARKHAM STREET PERRIS, CA PERRIS CIRCLE INDUSTRIAL PARK #1 290 MARKHAM STREET PERRIS, CA W. MARKHAM STREET PROPERTY SUMMARY PROPERTY DESCRIPTION ADDRESS: SUBMARKET: ACRES: 290 Markham Street Perris, CA Inland Empire East 24.26

More information

STATE OF THE MULTIFAMILY MARKET MACRO VIEW

STATE OF THE MULTIFAMILY MARKET MACRO VIEW STATE OF THE MULTIFAMILY MARKET MACRO VIEW JEANETTE I. RICE, CRE AMERICAS HEAD OF MULTIFAMILY RESEARCH APRIL 19, 2018 Westchester/ Fairfield 2 JEANETTE I. RICE STATE OF U.S. MULTIFAMILY MARKET KEY INVESTMENT

More information

Supplemental Information September 30, 2017

Supplemental Information September 30, 2017 Conference Call 888-632-3384 ID - EastGroup October 20, 2017 11:00 a.m. Eastern Daylight Time webcast available at www.eastgroup.net Supplemental Information September 30, 2017 Steele Creek Commerce Park

More information

Extraordinary General Meeting. 19 September 2017

Extraordinary General Meeting. 19 September 2017 Extraordinary General Meeting 19 September 2017 Important Notice This presentation is for information purposes only and does not constitute or form part of an offer, invitation or solicitation of any offer

More information

TAMARAC SHOPPING CENTER DENVER, CO A RETAIL OPPORTUNITY IN THE HEART OF DENVER S CENTRAL SUBMARKET

TAMARAC SHOPPING CENTER DENVER, CO A RETAIL OPPORTUNITY IN THE HEART OF DENVER S CENTRAL SUBMARKET TAMARAC SHOPPING CENTER DENVER, CO A RETAIL OPPORTUNITY IN THE HEART OF DENVER S CENTRAL SUBMARKET E. HAMPDEN AVE (47,400 VPD) E X E C U T I V E S U M M A R Y S. TAMARAC DRIVE (14,300 VPD) Holliday, Fenoglio,

More information

Emerging Trends in Real Estate 2014

Emerging Trends in Real Estate 2014 Emerging Trends in Real Estate 2014 Emerging Trends is the industry s most predictive forecast 35th annual outlook Based on over 1,000 interviews and surveys of industry leaders Sponsored by PwC and the

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL 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 information

Industrial Income Trust Inc.

Industrial Income Trust Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event

More information

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT AT A SAN DIEGO OFFICE MARKET REPORT FOURTH QUARTER 215 AT A NEW SUPPLY PUSHES VACANCY RATES HIGHER San Diego s regional economy has been buzzing and added a net total of 37,8 jobs in the 12 months ending

More information

OFFICE SPACE FOR LEASE Cleveland Avenue Columbus, Ohio /- Square Feet Available

OFFICE SPACE FOR LEASE Cleveland Avenue Columbus, Ohio /- Square Feet Available OFFICE SPACE FOR LEASE 1390 Cleveland Avenue Columbus, Ohio 43211 250 +/- Square Feet Available Stephen Tucker stucker@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com

More information

WESTSHORE OFFICE MARKET OVERVIEW PRESENTED BY: LARRY RICHEY

WESTSHORE OFFICE MARKET OVERVIEW PRESENTED BY: LARRY RICHEY MARKET PRESENTED BY: LARRY RICHEY YESTERDAY LOCATION, LOCATION, LOCATION Center of the Region WestShore Plaza 1967 Tampa International Airport 1971 I-275 with exits in all the right places International

More information

OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION

OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS. By: Hugh F. Kelly, PhD, CRE IRR.COM AN INTEGRA REALTY RESOURCES PUBLICATION OFFICE REPORT VIEWPOINT 2018 / COMMERCIAL REAL ESTATE TRENDS By: Hugh F. Kelly, PhD, CRE The Office workplace is at the nexus of powerful cross-currents. Pricing has made CBD acquisitions, especially in

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.

INDUSTRIAL 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 information

TUCSON and SOUTHERN ARIZONA

TUCSON and SOUTHERN ARIZONA TUCSON and SOUTHERN ARIZONA End of Year Housing Report (52) 818-454 Stephen@TeamWoodall.com 217 End of Year Housing Report SALES & INVENTORY Housing market trends For the overall real estate market in

More information

GROUP HOME FOR SALE Hampstead Drive Columbus, Ohio ,414 +/- Square Feet on /- Acre Lot

GROUP HOME FOR SALE Hampstead Drive Columbus, Ohio ,414 +/- Square Feet on /- Acre Lot GROUP HOME FOR SALE 2357-2359 Hampstead Drive Columbus, Ohio 43229 4,414 +/- Square Feet on 0.23 +/- Acre Lot Todd Schiff tschiff@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286

More information

BERENDO APARTMENTS A 16 UNIT VALUE-ADD INVESTMENT OPPORTUNITY LOCATED IN EAST HOLLYWOOD (LOS ANGELES), CALIFORNIA. hfflp.com

BERENDO APARTMENTS A 16 UNIT VALUE-ADD INVESTMENT OPPORTUNITY LOCATED IN EAST HOLLYWOOD (LOS ANGELES), CALIFORNIA. hfflp.com hfflp.com BERENDO APARTMENTS A 16 UNIT VALUE-ADD INVESTMENT OPPORTUNITY LOCATED IN EAST HOLLYWOOD (LOS ANGELES), CALIFORNIA Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a real

More information

MATRIX MONTHLY. Rent Survey July Multifamily Rent Growth Stabilizes in July; Market Solid Overall

MATRIX MONTHLY. Rent Survey July Multifamily Rent Growth Stabilizes in July; Market Solid Overall MATRIX MONTHLY Rent Survey July 2017 Multifamily Rent Growth Stabilizes in July; Market Solid Overall Sequential rent growth was virtually flat in July, but the U.S. multifamily market remained in an overall

More information

Metropolitan Area Statistics

Metropolitan Area Statistics Metropolitan Area Statistics Apartment Completions 1Q 2011 1Q 2012 % Chg Atlanta - - n/a Boston 133 39-71% Chicago - 20 n/a Cleveland - - n/a Columbus - 272 n/a Dallas-Ft. Worth 604 1,059 75% Denver 328

More information

Cycle Monitor Real Estate Market Cycles

Cycle Monitor Real Estate Market Cycles Cycle Monitor Real Estate Market Cycles Second Quarter 0 Analysis August 0 Physical Market Cycle Analysis of All Five Major Property Types in More Than 0 MSAs. Economic and job growth continue at a moderate

More information

DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223

DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223 DEVELOPMENT OPPORTUNITY FOR SALE 550 Stimmel Rd Columbus, Oh 43223 3 Buildings totaling 18,020 +/- SF situated on 7.02 +/- acres Available Patrick Miller, pmiller@rweiler.com Skip Weiler, skip@rweiler.com,

More information

RARE DEVELOPMENT LAND FOR SALE

RARE DEVELOPMENT LAND FOR SALE RARE DEVELOPMENT LAND FOR SALE Stimmel Road Columbus, Ohio 43223 24.34 +/- Acres Vacant Land Andre Dowdy adowdy@rweiler.com 10 N. High St. Suite 401 Columbus, Ohio 43215 614-221-4286 www.rweiler.com Property

More information

Has The Office Market Reached A Peak? Vacancy. Rental Rate. Net Absorption. Construction. *Projected $3.65 $3.50 $3.35 $3.20 $3.05 $2.90 $2.

Has The Office Market Reached A Peak? Vacancy. Rental Rate. Net Absorption. Construction. *Projected $3.65 $3.50 $3.35 $3.20 $3.05 $2.90 $2. Research & Forecast Report OAKLAND METROPOLITAN AREA OFFICE Q1 Has The Office Market Reached A Peak? > > Vacancy remained low at 5. > > Net Absorption was positive 8,399 in the first quarter > > Gross

More information

COMMERCIAL PROPERTY PRICES REMAIN IN SLOWDOWN PATTERN AS MARKET REACTS TO INVESTOR PULLBACK

COMMERCIAL PROPERTY PRICES REMAIN IN SLOWDOWN PATTERN AS MARKET REACTS TO INVESTOR PULLBACK CCRSI RELEASE MARCH 2016 (With data through February 2016) COMMERCIAL PROPERTY PRICES REMAIN IN SLOWDOWN PATTERN AS MARKET REACTS TO INVESTOR PULLBACK DESPITE DECLINE IN PROPERTY PRICING, LEASING ACTIVITY

More information

Elsworth Plaza ALESSANDRO BLVD, MORENO VALLEY, CA ALESSANDRO BLVD, MORENO VALLEY, CA 92553

Elsworth Plaza ALESSANDRO BLVD, MORENO VALLEY, CA ALESSANDRO BLVD, MORENO VALLEY, CA 92553 The information contained herein has been obtained from sources we The deem information reliable. We contained cannot herein assume has responsibility been obtained for its from accuracy sources we deem

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS ORANGE COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 12.1% Overall Vacancy 12.9% Lease Rate FSG $2.61 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,479,293 SF 379, SF

More information

FOR SALE: MULTI-TENANT LEASED INVESTMENT

FOR SALE: MULTI-TENANT LEASED INVESTMENT FOR SALE: MULTI-TENANT LEASED INVESTMENT VICTORY MINE CENTER 768 PLEASANT VALLEY ROAD, DIAMOND SPRINGS, CA $3,750,000 7.1% CAP RATE EXCLUSIVE AGENTS: Tom Conwell, Jr. Managing Director CA RE License #01394155

More information

Q3 18 Earnings Results

Q3 18 Earnings Results October 25, 2018 Q3 18 Earnings Results (NYSE: SAFE) Forward-Looking Statements and Other Matters This release may contain forward-looking statements. All statements other than statements of historical

More information

Offering Memorandum. Exclusively Offered By: Jeff Houge: Dana Dose:

Offering Memorandum. Exclusively Offered By: Jeff Houge: Dana Dose: Offering Memorandum Exclusively Offered By: Jeff Houge: 612.490.5551 jeff@wakota.com 1100 Spiral Boulevard Hastings, Minnesota 55033 Dana Dose: 612.978.4576 dana@wakota.com Scott Kragness: 651.323.8454

More information

Columbus MARKETBEAT. Office Q2 2017

Columbus MARKETBEAT. Office Q2 2017 COLUMBUS OFFICE Economic Indicators Market Indicators Q2 16 Q2 17 Unemployment 4.0% 3.9% Ohio Unemployment 5.0% 5.0% U.S. Unemployment 4.9% 4.4% Q2 16 Q2 17 Overall Vacancy 13.3% 13.4% 212K -80K Construction

More information

DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA

DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA DUAL GROCERY-ANCHORED COMMUNITY SHOPPING CENTER IN SAN DIEGO (CHULA VISTA), CA GATEWAY MARKETPLACE THE OPPORTUNITY HFF has been exclusively retained by Ownership to offer qualified investors the exciting

More information

San Francisco Bay Area 7-Eleven

San Francisco Bay Area 7-Eleven San Francisco Bay Area 7-Eleven All Photos are of the Actual Store Long term occupancy lease just renewed strong sales 1208 Tennessee St, Vallejo, CA, 94590 For more info on this opportunity please contact:

More information

Glendale, California - PS Business Parks, Inc. (AMEX: PSB), reported operating results for the fourth quarter and the year ending December 31, 2001.

Glendale, California - PS Business Parks, Inc. (AMEX: PSB), reported operating results for the fourth quarter and the year ending December 31, 2001. News Release PS Business Parks, Inc. 701 Western Avenue P.O. Box 25050 Glendale, CA 91221-5050 www.psbusinessparks.com For Release: Immediately Date: January 30, 2002 Contact: Mr. Jack Corrigan (818) 244-8080,

More information

Industrial Income Trust Inc.

Industrial Income Trust Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event

More information

Economic growth driving tighter market conditions

Economic growth driving tighter market conditions Metro Philadelphia Industrial, 217 Economic growth driving tighter market conditions Net Absorption 1.8 Million sq. ft. Vacancy Rate 5.4% Asking Lease Rate (NNN) $4.35 Development 2.2 Million sq. ft. Figure

More information

EastGroup Properties Announces Second Quarter 2018 Results

EastGroup Properties Announces Second Quarter 2018 Results EastGroup Properties Announces Second Quarter 2018 Results Contact: Marshall Loeb, President and CEO Brent Wood, CFO (601) 354-3555 Net Income Attributable to Common Stockholders of $.52 Per Share Compared

More information

UDR Third Quarter 2011 Earnings Supplement

UDR Third Quarter 2011 Earnings Supplement UDR Third Quarter 2011 Earnings Supplement 95 Wall New York, NY (NYSE: UDR), has a demonstrated history of delivering superior and dependable returns by successfully managing, buying, selling, developing

More information

FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2018 RESULTS

FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2018 RESULTS First Industrial Realty Trust, Inc. 311 South Wacker Drive Suite 3900 Chicago, IL 60606 312/344-4300 FAX: 312/922-9851 MEDIA RELEASE FIRST INDUSTRIAL REALTY TRUST REPORTS FIRST QUARTER 2018 RESULTS Occupancy

More information

MATRIX MONTHLY. Rent Survey September Multifamily Rent Deceleration Persists

MATRIX MONTHLY. Rent Survey September Multifamily Rent Deceleration Persists MATRIX MONTHLY Rent Survey September 2016 Multifamily Rent Deceleration Persists The deceleration of multifamily rents continued in September. Although basically flat, average U.S. monthly rents dropped

More information

Single. Tenant ABSOLUTE OPPORTUNITY. Pinon Hills, California NNN INVESTMENT REPRESENTATIVE PHOTO

Single. Tenant ABSOLUTE OPPORTUNITY. Pinon Hills, California NNN INVESTMENT REPRESENTATIVE PHOTO Single Tenant ABSOLUTE NNN INVESTMENT OPPORTUNITY Pinon Hills, California REPRESENTATIVE PHOTO CONTENTS 2 CONTENTS INVESTMENT SUMMARY...3 HIGHLIGHTS...4 PROPERTY DESCRIPTION...5 AERIAL VIEW & SITE PLAN...6

More information

Pittsburgh Industrial Market Timeline

Pittsburgh Industrial Market Timeline INDUSTRIAL INDUSTRIAL Page 30 Pittsburgh Industrial Market Timeline 2015, 2016, 2017 2014 EXPANSION 2012, 2013 RECOVERY HYPERSUPPLY RECESSION Industrial Class A Local Markets by Vacancy TOP THREE BOTTOM

More information

Cycle Forecast Real Estate Market Cycles First Quarter 2019 Estimates

Cycle Forecast Real Estate Market Cycles First Quarter 2019 Estimates Black Creek Research Cycle Forecast Real Estate Market Cycles First Quarter 0 Estimates Gross Domestic Product (GDP) is expected to grow.% in 0 due to new tax legislation and.% in 0. Employment growth

More information

Land Sales Lighter in Third Quarter

Land Sales Lighter in Third Quarter Research & Forecast Report LAND Q3 216 Land Sales Lighter in Third Quarter > > While land sales are up in 216 overall, they decreased in the third quarter Economic Indicators > > Apex continues to dominate

More information

6200 & 6240 BOX SPRINGS BLVD. RIVERSIDE, CA

6200 & 6240 BOX SPRINGS BLVD. RIVERSIDE, CA 6200 & 6240 BOX SPRINGS BLVD. RIVERSIDE, CA HIGH IMAGE MULTI-TENANT INDUSTRIAL PARK 100% LEASED INDUSTRIAL INVESTMENT BUILDINGS TOTALING ±35,000 SQ.FT Multi-Tenant LOCATION OVERVIEW RIVERSIDE COUNTY RIVERISDE

More information

DOLLAR GENERAL JOHNSON CITY, TENNESSEE SINGLE TENANT ABSOLUTE NNN INVESTMENT OPPORTUNITY. Actual Site

DOLLAR GENERAL JOHNSON CITY, TENNESSEE SINGLE TENANT ABSOLUTE NNN INVESTMENT OPPORTUNITY. Actual Site DOLLAR GENERAL JOHNSON CITY, TENNESSEE SINGLE TENANT ABSOLUTE NNN INVESTMENT OPPORTUNITY Actual Site EXCLUSIVELY MARKETED BY JIM SCHUCHERT SENIOR ASSOCIATE SRS NATIONAL NET LEASE GROUP 610 Newport Center

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS VENTURA COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 13.9% Overall Vacancy 14.3% Lease Rate FSG $2.25 Gross Absorption Under Construction MARKET TRENDS Current Quarter 34,43 SF 18,112 SF

More information

$3,575,000 UNIQUE PURCHASE OPPORTUNITY 1407 TRUMAN STREET SAN FERNANDO, CA

$3,575,000 UNIQUE PURCHASE OPPORTUNITY 1407 TRUMAN STREET SAN FERNANDO, CA UNIQUE PURCHASE OPPORTUNITY NEWER CONSTRUCTION HIGH IMAGE CLASS A COLD STORAGE IN-FILL LOCATION IN SAN FERNANDO VALLEY, CA $3,575,000 TRUMAN STREET WORKMAN STREET 16,971 Square Feet Class A Building Strategic

More information

Foreclosures Continue to Bring Home Prices Down * FNC releases Q Update of Market Distress and Foreclosure Discount

Foreclosures Continue to Bring Home Prices Down * FNC releases Q Update of Market Distress and Foreclosure Discount Foreclosures Continue to Bring Home Prices Down * FNC releases Q4 2011 Update of Market Distress and Foreclosure Discount The latest FNC Residential Price Index (RPI), released Monday, indicates that U.S.

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL 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 information

UDR Second Quarter 2011 Earnings Supplement

UDR Second Quarter 2011 Earnings Supplement Second Quarter 2011 Earnings Supplement Clockwise from left: Rivergate, 21 Chelsea Chelsea 21 Manhattan; View 14 Washington, D.C., Inc. (NYSE: ), has a demonstrated history of delivering superior and dependable

More information

National Housing Trends

National Housing Trends National Housing Trends 34% America s Choice of Best Long Term Investment 26% 17% 15% 6% Real Estate Stocks / Mutual Funds Gold Savings Accounts / CDs Bonds Gallup 2018 Total Existing Home Sales in thousands

More information

MIDLAND MULTIFAMILY PORTFOLIO

MIDLAND MULTIFAMILY PORTFOLIO MIDLAND MULTIFAMILY PORTFOLIO MIDLAND PORTFOLIO 50 UNITS EXCEPTIONAL INVESTMENT OPPORTUNITY HIGH GROWTH MARKET Town & Country Apartments 3310 Bedford Avenue Midland, Texas 79703 Simpatico Apartments 2910

More information

PRIME OFFICE CONDOS FOR SALE & LEASE

PRIME OFFICE CONDOS FOR SALE & LEASE PRIME OFFICE CONDOS FOR SALE & LEASE 1151-1161 Bethel Road Columbus, Ohio 43220 BETHEL GROVE OFFICES 3 office condos totaling 6,120 +/- SF Andre Dowdy adowdy@rweiler.com 10 N. High St. Suite 401 Columbus,

More information

Soft Land Market in 2017

Soft Land Market in 2017 Research & Forecast Report LAND Q4 217 Soft Land Market in 217 > > Land sales in 217 fell behind 216 > > A lack of large sales at Apex brought the average price per square foot up > > Strong development

More information

NAREIT Presentation June George Ellison, CEO Robin Lowe, CFO. welcome. home Front Yard Residential. All rights reserved.

NAREIT Presentation June George Ellison, CEO Robin Lowe, CFO. welcome. home Front Yard Residential. All rights reserved. NAREIT Presentation June 2018 George Ellison, CEO Robin Lowe, CFO welcome home. 2018 Front Yard Residential. All rights reserved. 1 Forward-looking Statements This presentation contains forward-looking

More information