MARKET INSIGHT MULTIFAMILY REPORT SECOND QUARTER 2018
|
|
- Tobias Conley
- 5 years ago
- Views:
Transcription
1 CUSHMAN & WAKEFIELD MULTIFAMILY ADVISORY GROUP MARKET INSIGHT MULTIFAMILY REPORT SECOND QUARTER 2018 The Cushman & Wakefield Multifamily Research Team provides in-depth coverage of primary, secondary and tertiary submarkets across Northern California. In addition to analyzing multifamily rent and sales trends, these reports examine employment data, job growth trends, key economic announcements, and development pipeline news. IN THIS EDITION Bay Area Submarkets Sacramento Counties East Bay El Dorado LARKSPUR WALNUT CREEK STOCKTON North Bay Placer OAKLAND Peninsula Sacramento SAN FRANCISCO San Francisco Yolo PLEASANTON South Bay BURLINGAME PALO ALTO MARKET RESEARCH TEAM LOS ALTOS SAN JOSE ROBERT SAMMONS Regional Research Director JASON KARBELK Senior Research Analyst = C&W Offices
2 BAY AREA 1 BAY AREA EMPLOYMENT & UNEMPLOYMENT TRENDS The unemployment rate in the Bay Area was 3.1% in June 2018, well below its 3.7% rate one year ago. The Bay Area continued its strong job growth momentum, adding 73,300 nonfarm jobs from one year ago. Since the Bay Area s most recent unemployment peak of 11.7% in the first quarter of 2010, there have been 781,100 jobs created across the region. ECONOMIC EXPANSION The following are select announcements from second quarter 2018: Unemployment across the region remains at or near record lows; there have now been 895,000 jobs added in the Bay Area since the recovery began in January BAY AREA JOB GROWTH TRENDS EMPLOYMENT IN MILLIONS & JOB GROWTH (%) % The vacancy rate, particularly in urban core or transit-oriented markets, generally continues to tighten with San Francisco leading the pack thanks to big tech taking most everything that comes available. Rents were flat to somewhat higher in the second quarter across the Bay Area; held down primarily by the fact that a number of high-priced trophy blocks were leased and thus removed from the market % 2.0% 1.0% Q Q Q FORECAST LABOR FORCE (YOY % CHANGE) 1.1% -0.2% 1.4% 4.163M EMPLOYMENT (YOY % CHANGE) 1.2% 0.4% 2.0% 4.035M UNEMPLOYMENT RATE (%) 4.2% 3.6% 3.1% Forecast is 12-month outlook Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 Source: BLS. Gov YOY % Job Growth JOB GROWTH & UNEMPLOYMENT RATE % YOY BPS YOY Q2 employment Q2 unemployment increased by 73,300 jobs. decreased to 3.1%. 0.0% OUTLOOK In-migration to the Bay Area has slowed but will stay positive; unemployment will remain extremely low with hiring challenges prevalent for jobs at all levels. Any office project at or near a transit node (BART or Caltrain) should perform well in the current environment. Expect new mixed-use development opportunities to be announced along a soon-to-be rezoned Central SoMa in San Francisco as well as the Diridon Station area in downtown San Jose.
3 BAY AREA 2 MULTIFAMILY TRENDS Year-over-year asking rent growth picked up again, rising by 4.5% to $2,731 while vacancy increased 20 basis points (bps) to 4.0%. Bay Area s asking rent has doubled since 2006 setting record levels. New deliveries will provide relief to demand and asking rents, however rent growth will continue to climb. 50.0% 45.0% 40.0% 35.0% 30.0% 25.0% 20.0% $2, % YOY BPS YOY Average asking rent increased by 4.5%. 11.2% Vacancy increased 43.6% to 4.0%. HISTORICAL & FORECASTED METRO RENT GROWTH RATES The average one-year historical asking rent growth rate increased by a modest 4.5% from the second quarter of 2017 to the second quarter of 2018, compared to an 11.2% increase over the three-year period. Both new construction and value-add properties are contributing a higher percentage of affordable housing which is curbing the increase in rental rates. The 12-month projection still calls for a 4.8% increase by yearend 2019, while the five-year projection is for a 12.0% increase by year-end BAY AREA RENT GROWTH RATES HISTORICAL & FORECAST DEVELOPMENT / INVENTORY The number of units under construction in the Bay Area is currently more than 35,000. In the past 18 months, approximately 11,552 units have delivered. Over 1,400 units were built in the second quarter and more than 23,700 have been delivered since While supply is robust, renter demand and demographic growth are also strong. Inventory has grown year-over-year at a rate of 1.5% and will likely reach an increase of 2.9% by the end of DEMOGRAPHIC FUNDAMENTALS The Bay Area is continuing to attract residents in a flourishing tech-boom cycle. Millennials are attracted to urban living with convenient amenities, efficient transportation and on-demand services. Incomes for residents ages are on the rise in major tech markets. San Francisco County leads the Bay Area with 58% of residents making over $100K, followed by San Mateo County (52%), Santa Clara County (51%), Marin County (43%), Alameda County (35%), Contra Costa County (33%), Napa County (29%), Sonoma County (26%), and Solano County (25%). POPULATION MEDIAN PERSONAL INCOME MEDIAN HOUSEHOLD INCOME 2010: 7,265, : 7,721, : 7,763, : 8,009, : $105, : $146, : $155, : $182, : $74, : $90, : $94, : $110, % 10.0% 5.0% 1.1% 1.0% 1.4% 4.5% 12.0% MULTIFAMILY FORECAST The following are Cushman & Wakefield s projections over the next 12 months. 0.0% Source: REIS 4Q17 1Q18 2Q18 1 Year 3 Year 5 Year 5 Year Forecast RENTS VACANCY PIPELINE % GROWTH Bay Area California United States
4 BAY AREA 3 INVESTMENT ACTIVITY The Bay Area s cumulative sales volume thru the second quarter 2018 reached $2.0 billion with an average of $421,100 price per unit (ppu). Market share leaders were private capital (43%) and institutional (35%) accounting for 78% of the total investment activity. Private capital accounted for 71% of all sales over $10 million, with foreign investor Brookfield AM making the period s top purchase of $169 million. $6,000 $5,000 $4,000 $3,000 $2,000 CUMULATIVE MONTHLY VOLUME ($ MILLIONS) MOST ACTIVE MARKET PLAYERS TOP FIVE BAY AREA BUYERS YEAR-TO-DATE 2018 RANK BUYER TOTAL VOLUME NO. TRANSACTIONS 1 PGIM REAL ESTATE $500,000, BROOKFIELD AM $168,600, PACIFIC URBAN $152,800, MAGNOLIA CAPITAL $140,000, TH REAL ESTATE $107,250,000 1 TOP FIVE BAY AREA SELLERS YEAR-TO-DATE 2018 RANK SELLER TOTAL VOLUME NO. TRANSACTIONS 1 CITYVIEW, LACERA $500,000, CARMEL PARTNERS $208,700, UBS $152,750, LAND & HOUSES $140,000,000 1 $1,000 $0 J F M A M J J A S O N D 5 SUMMERHILL HOMES $107,250,000 1 PRICING & CAP RATES Source: CoStar Group Source: CoStar Group NOTABLE SALES Class A Carmel Partners sold Vintage Apartments (2017, 345 units) in Pleasanton for $542,000 ppu. Brookfield Property Group acquired a 49% ownership stake in the portfolio of seven multifamily properties known as Project Europa for $ million. Los Angeles County Employees Retirement Association sold five properties in the Bay Area to PGIM for $250 million for a 50% stake. The portfolio totals 745 units that sold for $615,000 ppu. Class B Woodmont Real Estate Services sold Vintage Ridge Apartments (1987, 140 units) to Village Investments for $163,000 ppu. The nine-building property is located in the northern suburbs of Santa Rosa. Site amenities include clubhouse, fitness center, playground, pool, and spa. The Bay Area s second quarter 2018 cap rate spread was 2.1% to 5.9% while averaging 4.4%. Sales volume increased by $458 million to $1.2 billion compared to the same time last year. Multifamily assets have become vulnerable to diminishing returns as rents have begun to peak and vacancies have risen with new supply. $450,000 $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 $50, % 5.5% 5.0% 4.5% Class C AJ Capital Partners bought President Hotel Apartments (1948, 75 units) for $867,000 ppu. The property is located along the lively University Ave retail district in Downtown Palo Ave and sold to be turned into a hotel. $ % Source: CoStar Group
5 BAY AREA 4 SUBMARKET OVERVIEW SELECT SUBMARKET NEWS CONTINUED All regions year-over-year average asking rent growth remained positive: North Bay (+9.2%), San Francisco (+5.1%), Peninsula (+5.0%), Santa Clara (+4.1%), East Bay (+4.1%). Silicon Valley s continuing struggle to build additional product fast enough will push asking rents ever higher Peninsula (San Mateo County) at $2,920 and Santa Clara County at $2,632 are forecasted to reach $3,281 (+12.4%) and $3,009 (+14.3%), respectively, by Construction of roughly 30,500 units over the next five years should provide some relief to the overall Bay Area s housing shortage driving inventory to 487,000 units. BAY AREA SUBMARKET TRENDS RENT & VACANCY Curtis Development completed Town29 in the Pill Hill submarket of Oakland. The 162-unit market rate project features abundant urban amenities. The average asking rent per one-bedroom unit is $2,947. North Bay San Rafael Land Company will develop Alto Strawberry in Mill Valley. The project consists of three buildings totaling 293 units. The project is scheduled to break ground mid Peninsula San Francisco $3,535 San Francisco 4.7% Thompson Dorfman Partners delivered The Triton in April The Triton is a Class A mid-rise totaling 220 units and sits along Central Lake in Foster City. Peninsula South Bay $2,920 $2,632 Peninsula South Bay 4.5% 4.5% Prometheus Real Estate Group completed Trestle Apartments in April Coined as a modern Mission revival in the heart of San Carlos, Trestle totals 117 units at market rate and features a fitness center, pool and steps away from the San Carlos CalTrain station. San Francisco East Bay $2,286 North Bay $2,031 East Bay North Bay 2.8% 3.5% Emerald Funds highly anticipated 150 Van Ness delivered May This mixeduse project consists of 370 units at market rate, 50 units at affordable rate, and 9,000 sf of retail. An abundance of amenities and services are offered in conjunction with 100 Van Ness. The average asking rent per unit is $3,697 (one-bedroom) and $5,108 (two-bedroom). Source: REIS SELECT SUBMARKET NEWS East Bay Related California is developing The Avery, San Francisco s newest luxury highrise. Located two blocks from the new Salesforce Transit Center, The Avery will be a 56-story, 548-unit residential tower. The building layout features 118 luxury condominiums on the upper floors, 280 luxury and 150 affordable apartments on the middle to lower floors, and 17,000-sf of ground floor retail. Windflower Properties completed The Union Flats, located adjacent to BART s Union City Station. The Class A project has two buildings raising four stories totaling 243 units at market rate. The owner is CityView and Greystar is the acting property manager. Santa Clara Elan Mountain View delivered by Greystar Real Estate Partners Company in June Located in downtown Mountain View, the project offers a mix of 161 market and affordable rate units. Elan Mountain View offers 10,800-sf of retail and 300 parking spaces. The average asking rent per unit is $3,861 (one-bedroom) and $5,075 (two-bedroom).
6 5 EMPLOYMENT & UNEMPLOYMENT TRENDS The unemployment rate in the Sacramento Region was 4.1% in June 2018, up from 3.9% in March and down from 4.8% one year ago. The total labor force is approaching 1.1 million, with just over 1.0 million of its residents employed. The Sacramento Region is at full employment adding 15,300 nonfarm jobs from one year ago. Since its peak unemployment rate of 12.7% in the first quarter of 2010, there have been 166,000 jobs created. JOB GROWTH TRENDS EMPLOYMENT IN (MILLIONS) & JOB GROWTH (%) % ECONOMIC EXPANSION The following are select announcements from second quarter 2018: The unemployment rate tumbled below 4.0% in the second quarter with the office sector led by government/education and health services propelling the market. Office leasing activity was 1.3 million square feet (msf) in the second quarter, the fifth quarter in a row above 1.0 msf. Industrial vacancy continued to fall, reaching a market record low of 4.4% in the second quarter even as construction completions pushed inventory to a record high msf % Q Q Q FORECAST LABOR FORCE (YOY % CHANGE) 1.7% -0.4% 1.2% 1.078M Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 Source: BLS. Gov JOB GROWTH & UNEMPLOYMENT RATE % YOY BPS YOY Q2 employment Q2 unemployment increased by 15,300 jobs. declined to 4.1%. 2.0% 1.0% 0.0% EMPLOYMENT (YOY % CHANGE) 2.2% 0.2% 1.2% 1.034M UNEMPLOYMENT RATE (%) 5.4% 4.8% 4.1% OUTLOOK Forecast is 12-month outlook In-migration, particularly from the Bay Area, is expected to continue, driven by a cost-of-living that is well below that region. With office tenant demand remaining strong, rent growth is expected to continue and is nearing the tipping point where new construction becomes feasible. There is currently a lack of big block industrial under construction, although that may change soon with proposed projects likely moving forward in West Sacramento and McClellan.
7 6 MULTIFAMILY TRENDS Year-over-year asking rent growth was 6.6% reaching $1,283, while vacancy ticked down 30 basis points (bps) to 2.7%. Vacancy has remained low with 17 consecutive quarters under 3.0%. $1,283 Average asking rent increased by 6.6%. 34.8% 30 % YOY BPS YOY Vacancy increased to 2.7%. HISTORICAL & FORECASTED METRO RENT GROWTH RATES The average one-year historical asking rent growth rate was positive 6.6%, with the three-year at 21.1%, and the five-year at 34.8%. Housing demand has quite clearly pushed rental rates upward; the five-year projection is for a 13.3% increase by year-end The delivery of affordable units are expected to decelerate even steeper increases. RENT GROWTH RATES HISTORICAL & FORECAST DEVELOPMENT / INVENTORY The number of units under construction in the Sacramento Region is currently more than 3,600. In the past 18 months, approximately 900 units have delivered. Over 200 units have been built year-to-date while an additional 2,300 units are expected to be delivered by year-end Supply is playing catch-up to renter demand in the urban core, with a bulls-eye on the downtown submarket. Inventory has expanded year-overyear at a rate of 0.3% and will likely climb by 4.3% from year-end 2017 to year-end DEMOGRAPHIC FUNDAMENTALS Sacramento County is the most populous in the region with 1.5 million residents. In this long-running cycle of growth, the county has begun to attract Silicon Valley s technology workforce along with talent from local colleges and universities. The cost of doing business and the cost of living are significantly lower than the Bay Area. Residents are close to entertainment like the new Golden 1 Center, along with close proximity to outdoor activities from Lake Tahoe s ski resorts to Napa s wineries. POPULATION MEDIAN PERSONAL INCOME 2010: 2,165, : 2,282, : 2,306, : 2,398, : $89, : $115, : $120, : $146, % 13.3% MEDIAN HOUSEHOLD INCOME 2010: $55, : $63, : $65, : $74, % MULTIFAMILY FORECAST 1.1% 3.0% 2.4% The following are Cushman & Wakefield s projections over the next 12 months. Source: REIS 4Q17 1Q18 2Q18 1 Year 3 Year 5 Year 5 Year Forecast RENTS VACANCY PIPELINE % GROWTH
8 7 INVESTMENT ACTIVITY The Sacramento Region s cumulative sales volume as of June 2018 reached $509 million with an average of $167,850 price per unit (ppu). The top investment sale in the second quarter was Blackstone s acquisition of a six-property, multi-state portfolio that included the sale of Roseville s Slate Creek at Johnson Ranch for $147.7 million. MOST ACTIVE MARKET PLAYERS TOP FIVE BUYERS YEAR-TO-DATE 2018 RANK BUYER TOTAL VOLUME NO. TRANSACTIONS 1 BREIT $148,700, DEMMON PROPERTIES $78,552, CROWN ACQUISITIONS $50,250,000 1 $1,600 $1,400 $1,200 $1,000 $800 $600 $400 $200 CUMULATIVE MONTHLY VOLUME ($ MILLIONS) 4 ALBERT GOMEZ $35,000, KEECH PROPERTIES $26,350,000 2 TOP FIVE SELLERS YEAR-TO-DATE 2018 RANK SELLER TOTAL VOLUME NO. TRANSACTIONS 1 KENNEDY WILSON $148,700, GREEN LEAF PARTNERS $50,250, FPA MULTIFAMILY $46,023, JCM PARTNERS $37,350, REALTY CENTER MANAGEMENT $35,000,000 1 Source: CoStar Group $0 Source: CoStar Group NOTABLE SALES Class B J F M A M J J A S O N D Blackstone Real Estate Income Trust acquired Slate Creek at Johnson Ranch (1989, 612 units) for $243,000 ppu. Kennedy- Wilson Properties was the seller of the six property portfolio totaling $422 million at $191,900 ppu. RW Zukin Real Estate Services acquired Morningside Creek Apartments (1999, 178 units) for $148,000 ppu with a 5.3% cap rate. PRICING & CAP RATES The Sacramento Region s year-to-date cap rate spread was 3.6% to 6.6% while averaging 5.3%. Annual cap rates will remain stable with quality products reaching full occupancy. $200,000 $180,000 $160,000 $140,000 $120,000 $100, % 8.0% 7.0% 6.0% Class C In Sacramento, The Arun Iyengar acquired Solstice Apartments (1970, 80 units) for $137,500 ppu with a 5.6% cap rate. $80,000 $60,000 $40, % 4.0% $20,000 $ % Source: Costar Group Avg Price / Unit Avg Cap Rate
9 8 SUBMARKET OVERVIEW SELECT SUBMARKET NEWS Average asking rents were up year-over-year across the following counties: Yolo County (+18.1%), Sacramento County (+6.2%), and Placer County (+2.0%). Average vacancy rates were a mixed bag over the same period: Placer increased 110 bps to 4.4%, Sacramento County increased 20 bps to 2.5%, and Yolo County decreased 10 bps to 1.3%. With approximately 2,500 units delivering in 2018, demand should be sated while rent growth, though still climbing, should slow. The region s asking rates are forecasted to increase from $1,283 to $1,313 by year-end 2018 and to $1,450 by year-end SUBMARKET TRENDS RENT & VACANCY Sacramento County Heller Pacific delivered the highly anticipated Ice Blocks in April The mixed-use mid-rise consists of 142 units at market rate. Located in Midtown s historic R Street Corridor, the project combines industrial style with rich amenities, office, and retail. The Downtown Sacramento year-over-year asking rate increased 3.4% from $1,571 to $1,624. Over the same period, vacancy increased 80 bps from 4.8% to 5.6%. We expect to see the upcoming completions push the overall market rate up and temporarily increase the vacancy rate during this economic boom. Davis $1,727 Roseville 4.4% Placer County Folsom Roseville Citrus Heights Sacramento Rancho Cordova North Highlands Woodland Carmichael $1,497 $1,497 $1,264 $1,219 $1,202 $1,159 $1,055 $1,015 Folsom Sacramento Carmichael North Highlands Citrus Heights Rancho Cordova Davis Woodland 2.9% 2.8% 2.5% 2.4% 1.9% 1.8% 1.3% 1.3% Scott Canel & Associates is nearing completion of Campus Oaks Apartments, a 396-unit garden community in Roseville. The project consists of 30 buildings with access to amenities such as cabana, clubhouse, fitness center, game room, pool, and picnic area. The market rate community will consist of 132 one-bedroom, 176 two-bedroom, and 88 three-bedroom units. Yolo County The city of Davis year-over-year asking rate increased 20.5% from $1,433 to $1,727. The spike in asking rent shows signs of high demand, lack of new housing, and narrowing the market rate gap. UC Davis is easing demand by expanding student housing at Webster Hall from 266 to 390 beds, delivering fall of Source: REIS
10 OFFICE LOCATIONS BURLINGAME 1350 Bayshore Highway Suite 900 Burlingame, CA T: F: WALNUT CREEK 1333 N. California Boulevard Suite 550 Walnut Creek, CA T: F: OAKLAND th Street Suite 1400 Oakland, CA T: F: PLEASANTON 5000 Hopyard Road Suite 205 Pleasanton, CA T: F: PALO ALTO 1950 University Avenue Suite 220 East Palo Alto, CA T: F: Capitol Mall Suite 1800 Sacramento, CA T: F: SAN JOSE 300 Santana Row Fifth Floor San Jose, CA T: F: STOCKTON 3255 W March Lane Suite 230 Stockton, CA T: F: SAN FRANCISCO 425 Market Street Suite 2300 San Francisco, CA T: F: LARKSPUR / NORTH BAY 900 Larkspur Landing Circle Suite 925 Larkspur, CA T: F: Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. The firm s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit or on Twitter. Copyright 2018 Cushman & Wakefield. All rights reserved. The information contained within this report is gathered from multiple sources considered to be reliable. The information may contain errors or omissions and is presented without any warranty or representations as to its accuracy.
MARKET INSIGHT LOUISVILLE, KENTUCKY MULTIFAMILY REPORT THIRD QUARTER 2017
CUSHMAN & WAKEFIELD COMMERCIAL KENTUCKY LOUISVILLE MULTIFAMILY RESEARCH MARKET INSIGHT MULTIFAMILY REPORT THIRD QUARTER 217 The Cushman & Wakefield Commercial Kentucky Multifamily Research Team provides
More informationOakland Chamber of Commerce 2015 Economic Development Summit The Oakland Advantage. Garrick Brown. Commercial Market Overview
Oakland Chamber of Commerce 2015 Economic Development Summit The Oakland Advantage Garrick Brown Commercial Market Overview Oakland Convention Center Oakland, CA March 20, 2015 Vice President, Research
More informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview
LOS ANGELES COUNTY Economic Indicators Q2 16 Q2 17 Los Angeles Employment 4.38M 4.44M Los Angeles Unemployment 5.3% 4.4% U.S. Unemployment 4.9% 4.4% 12-Month Forecast Economy The job growth rate in Los
More informationOffice Report. Sacramento Valley First Quarter City, State Year.
Office Report City, State Year Sacramento Valley First Quarter 2014 Offices in Burlingame, Los Altos, Monterey, Oakland, Palo Alto, Pleasanton, Sacramento, Salinas, San Francisco, San Jose, San Rafael,
More informationSan Francisco Bay Area to Santa Clara & San Benito Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Santa Clara & San Benito Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate
More informationOFFERING MEMORANDUM E. CAMPBELL AVENUE, CAMPBELL, CA SITE E. CAMPBELL AVE. WINCHESTER BLVD.
OFFERING MEMORANDUM E. CAMPBELL AVE. 24-28 E. CAMPBELL AVENUE, CAMPBELL, CA WINCHESTER BLVD. SITE CLARK STEELE +1 408 436 3653 clark.steele@cushwake.com LIC #01995379 MARYANNA MCSWAIN +1 408 615 3446 maryanna.mcswain@cushwake.com
More informationSan Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook
San Francisco Bay Area to 019 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns
More informationIndianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE
INDIANAPOLIS OFFICE Economic Indicators Q2 17 Q2 18 MSA Employment 1.1M 1.1M MSA Unemployment 3.3% 3.0% U.S. Unemployment 4.3% 3. Market Indicators (Direct, All Classes) Q2 17 Q2 18 Total Market Vacancy
More informationHas 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 informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview
LOS ANGELES COUNTY Economic Indicators Market Indicators (Overall, All Classes) Overall Net Absorption / Overall Asking Rent Overall Vacancy Q4 15 Q4 16 Los Angeles Employment 4.3M 4.4M Los Angeles Unemployment
More informationIndustrial Report. City, State Year Sacramento Valley Third Quarter Cassidy Turley Northern California
Industrial Report City, State Year Sacramento Valley Offices in Burlingame, Capitola, Los Altos, Monterey, Oakland, Palo Alto, Pleasanton, Sacramento, Salinas, San Francisco, San Jose, San Rafael, Santa
More informationOffice Report. Sacramento Valley Second Quarter City, State Year.
Office Report City, State Year Sacramento Valley Second Quarter 2014 Offices in Burlingame, Los Altos, Monterey, Oakland, Palo Alto, Pleasanton, Sacramento, Salinas, San Francisco, San Jose, San Rafael,
More informationBay Area Real Estate Outlook Oakland, CA
Bay Area Real Estate Outlook 2014 Oakland, CA September 12, 2013 Capital Markets Overview Dennis Williams Managing Director NorthMarq Capital September 2013 Key Themes of 2013 CMBS Delinquency has leveled
More informationSan Francisco Bay Area to Santa Clara and San Benito Counties Housing and Economic Outlook
San Francisco Bay Area to 2020 Santa Clara and San Benito Counties Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real Estate
More informationSan Francisco Bay Area to Napa County Housing and Economic Outlook
San Francisco Bay Area to 019 Napa County Housing and Economic Outlook Bay Area Economic Forecast Summary Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.
More informationSan Francisco Bay Area to Sonoma County Housing and Economic Outlook
San Francisco Bay Area to 2020 Sonoma County Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting, LLC On Nov.
More informationPRESENTED BY: John Shaffer Brian Nelson (916) (916)
Sacramento Multifamily Summary Apartment ADVISORY TEAM PRESENTED BY: John Shaffer Brian Nelson (916) 563-3035 (916) 830-2576 John.shaffer@colliers.com Brian.nelson@colliers.com 1 Sacramento Multifamily
More informationOrange County Multifamily
MARKET REPORT / Orange County Multifamily Employment Gains Driving Rental Demand, Low Vacancy Rates More than 2,600 units have come online to this point in, and nearly 5,000 apartments are currently under
More informationSan Francisco Bay Area to Alameda and Contra Costa Counties Housing and Economic Outlook
San Francisco Bay Area to 2020 Alameda and Contra Costa Counties Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real Estate Consulting,
More informationThe Seattle MD Apartment Market Report
The Seattle MD Apartment Market Report Volume 16 Issue 2, December 2016 The Nation s Crane Capital Seattle continues to experience an apartment boom which requires constant construction of new units. At
More informationColumbus 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>> Hollywood Market Activity Flattens
Research & Forecast Report Central Los Angeles OFFICE Q2 216 Accelerating success. >> Hollywood Market Activity Flattens Key Takeaways > There is currently 533,6 square feet () of office product under
More informationR&D Report. Bay Area Fourth Quarter 2015
R&D Report Bay Area Fourth Quarter 2015 R&D Market Summary Area Building Available Space Rate Base Direct Sublease Total Q4-2015 Q4-2014 Average Asking Rate (NNN) San Mateo County 20,134,624 436,234 200,279
More informationSan Francisco Bay Area to Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook
San Francisco Bay Area to 2020 Marin, San Francisco, and San Mateo Counties Housing and Economic Outlook Economic Forecast Summary 2017 Presented by Pacific Union International, Inc. and John Burns Real
More informationIndianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE
INDIANAPOLIS OFFICE Economic Indicators Market Indicators (Direct, All Classes) Direct Net Absorption/Direct Asking Rent 4-QTR TRAILING AVERAGE Direct Vacancy Q3 17 Q3 18 MSA Employment 1.05M 1.07M MSA
More information>> 2017 Begins With Continued Strong Demand
Research & Forecast Report Central Los Angeles OFFICE Q1 217 Accelerating success. >> 217 Begins With Continued Strong Demand Key Takeaways > Hudson Pacific's Icon at Sunset property delivered 323,3 square
More information100 Hegenberger Road Oakland, CA
Owner User / Investment Opportunity 100 Hegenberger Road Oakland, CA Oakland Coliseum-Airport Investment Contacts: John Dolby Executive Director +1 510 267 6027 john.dolby@cushwake.com LIC #00670630 Dane
More informationSAN CARLOS TECHNOLOGY PARK 1021 HOWARD AVENUE, AND 1360 AND 1390 BAYPORT AVENUE SAN CARLOS
02 HOWARD AVENUE, AND 360 AND 390 BAYPORT AVENUE SAN CARLOS DOWNTOWN SAN CARLOS INVESTMENT OPPORTUNITY EXECUTIVE SUMMARY THE OFFERING Cushman & Wakefield, as exclusive advisor, is pleased to present the
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 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 informationStrong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities
OFFICE TRI-CITIES MARKET REPORT Strong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities MARKET OVERVIEW MARKET INDICATORS - VACANCY 14.9% NET ABSORPTION 254,6 CONSTRUCTION 113,8 RENTAL
More informationOffice Report. Sacramento Valley Third Quarter City, State Year.
Office Report City, State Year Sacramento Valley Offices in Burlingame, Los Altos, Monterey, Oakland, Palo Alto, Pleasanton, Sacramento, Salinas, San Francisco, San Jose, San Rafael, Santa Cruz, Santa
More informationAmericas 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 informationVacancy Inches Higher, Despite Continued Absorption
Research & Forecast Report GREATER PHOENIX OFFICE 1Q 2017 Vacancy Inches Higher, Despite Continued Absorption Key Takeaways > > Improving conditions in the Greater Phoenix office market took a pause in
More informationThe Market Is Energized By Increased Development In Hollywood
OFFICE CENTRAL LOS ANGELES MARKET REPORT The Market Is Energized By Increased Development In Hollywood MARKET OVERVIEW MARKET INDICATORS - VACANCY 20.5% NET ABSORPTION 24,100 CONSTRUCTION 574,000 RENTAL
More informationAPARTMENT MARKET SUPPLY AND DEMAND DATA. Prepared March 2012 PAGE 1
APARTMENT MARKET SUPPLY AND DEMAND DATA Prepared March 2012 PAGE 1 SUMMARY OF MARKET CONDITIONS Inventory According to the 4 th quarter 2011 MFP report on the San Jose metro apartment market, the inventory
More informationGreater Los Angeles MARKETBEAT. Office Q Economy. Market Overview. Outlook LOS ANGELES COUNTY. Economic Indicators
LOS ANGELES COUNTY Economic Indicators Q3 16 Q3 17 Los Angeles Employment 4.41M 4.44M Los Angeles Unemployment 5.2% 4.8% U.S. Unemployment 4.9% 4.4% Market Indicators (Overall, All Classes) Q3 16 Q3 17
More informationGreater Toronto Area, ON
Greater Toronto Area, ON Office Q2 217 GREATER TORONTO AREA OFFICE Economic Indicators Q2 16 Q2 17 GTA Employment 3.2 mil 3.3 mil GTA Unemployment 7.6% 6.9% Canada Unemployment 6.9% 6.6% Source: Statistics
More informationStronger Office Market Looking Into Future
Research & Forecast Report Long Island OFFICE MARKET Q2 2015 Stronger Office Market Looking Into Future Rose Liu Research & Financial Analyst Long Island Takeaways Class A & B Long Island economic and
More informationRents Spike, Brightening the Second-Half Outlook
Research & Forecast Report GREATER PHOENIX MULTIFAMILY Q2 217 Rents Spike, Brightening the Second-Half Outlook Key Takeaways > > The Greater Phoenix multifamily market recorded an active first half of
More informationA 290-UNIT RESIDENTIAL DEVELOPMENT IN DOWNTOWN SAN JOSE
EXECUTIVE SUMMARY GARDEN GATE TOWER SAN JOSE, CA A 290-UNIT RESIDENTIAL DEVELOPMENT IN DOWNTOWN SAN JOSE EXECUTIVE SUMMARY Cushman and Wakefield, as exclusive advisor, is pleased to present the opportunity
More information>> Market Records Strong Demand To End 2016
Research & Forecast Report Central Los Angeles OFFICE Q4 216 Accelerating success. >> Market Records Strong Demand To End 216 Key Takeaways > There is currently 61,4 square feet () of office product under
More information3950 Civic Center Drive
3950 Civic Center Drive San Rafael, California LEED Certified Building 3950 Civic Center Plaza is a threestory class A office building totaling approximately 46,648 square feet. Part of a two-building
More informationINLAND EMPIRE REGIONAL INTELLIGENCE REPORT. School of Business. April 2018
INLAND EMPIRE REGIONAL INTELLIGENCE REPORT April 2018 Key economic indicators suggest that the Inland Empire s economy will continue to expand throughout the rest of 2018, building upon its recent growth.
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 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 informationGreater Toronto Area, ON
Greater Toronto Area, ON Office Q1 218 GREATER TORONTO AREA OFFICE Economic Indicators Q1 17 Q1 18 GTA Employment 3.2 mil 3.4 mil GTA Unemployment 7.1% 5.8% Canada Unemployment 6.7% 5.8% Source: Statistics
More information>> Orange County Rents Increase to Start 2017
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Rents Increase to Start 2017 Key Takeaways > The Orange County office market saw positive demand for the first part
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 informationSwitching Gears NORTH I-680 CORRIDOR OFFICE Q % Research & Forecast Report. Market Indicators
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q4 2017 Switching Gears > > Office Inventory: 16,926,446 square feet > > Vacancy: 14 percent > > Net absorption: (562,879) square feet, year to date
More informationMonthly Market Snapshot
SEPTEMBER 2018 Vacancy continues to fall. Nearing the end of the third quarter, the vacancy rate dropped 10 basis points to 6.4%, compared to this time last month at 6.5%. Occupancy of the 1.1 million
More informationQ / Quarterly Office Market Report. Silicon Valley
/ Quarterly Office Market Report Silicon Valley Market Facts Class A Vacancy 8.8% Class B Vacancy $4.68 FS Class A Average Asking Rate $4.09 FS Class B Average Asking Rate Market Overview Kicking off with
More information>> Orange County Vacancy Continues to Decline
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Continues to Decline Key Takeaways > The South County submarket led the Orange County market in overall net absorption
More informationSELF-STORAGE REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS. By: Steven J. Johnson, MAI, Senior Managing Director, IRR-Metro LA. irr.
SELF-STORAGE REPORT VIEWPOINT 2017 / COMMERCIAL REAL ESTATE TRENDS By: Steven J. Johnson, MAI, Senior Managing Director, IRR-Metro LA The Self Storage Story The self-storage sector has been enjoying solid
More informationSacramento Office MarketView Q3 2014
Sacramento Office MarketView Q3 2014 CBRE Global Research and Consulting UNEMPLOYMENT RATE 7.0% VACANCY RATE 19.4% NET ABSORPTION 123,907 sq. ft. AVG ASKING LEASE RATE $1.69 per sq. ft. FSG COMPLETED CONSTRUCTION
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 informationMARKETBEAT Columbus. Office Q1 2018
COLUMBUS OFFICE Economic Indicators Q1 17 Q1 18 Unemployment 4.1% 3.8% Ohio Unemployment 5.1% 4.6% U.S. Unemployment 4.7% 4.1% Market Indicators (Overall, All Classes) Q1 17 Q1 18 Overall Vacancy 12.2%
More informationWith Vacancy Low, Rents Pushing Higher
Research & Forecast Report GREATER PHOENIX MULTIFAMILY 3Q 2 With Low, Pushing Higher Key Takeaways > > The Greater Phoenix multifamily market strengthened somewhat during the third quarter, with vacancy
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 informationSanta Clara County Real Estate Market Overview Dynamics
Santa Clara County Real Estate Market Overview Dynamics Data from sources deemed reliable, but may contain errors and subject to revision. All numbers should be considered approximate. Jan-90 Sep-90 May-91
More informationKirkWood Mountain Resort Development Opportunity $1,650, Ski-in / Ski-out Lots (Tentative Plan) 1.42 Acres
KirkWood Mountain Resort Development Opportunity $1,650,000 6 - Ski-in / Ski-out Lots (Tentative Plan) 1.42 Acres Kelly Rivett Senior Managing Director 916.569.2385 krivett@newmarkccarey.com Lic #01249433
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 Report. Sacramento Valley Second Quarter City, State Year.
Industrial Report City, State Year Sacramento Valley Offices in Burlingame, Los Altos, Monterey, Oakland, Palo Alto, Pleasanton, Sacramento, Salinas, San Francisco, San Jose, San Rafael, Santa Cruz, Santa
More informationChanging of the Guard
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q1 2018 Changing of the Guard > > Office Inventory: 16,931,340 square feet > > Vacancy: 14.5 percent > > Net absorption: (88,606) square feet year-to-date
More informationNegative Absorption And Sharp Rise In Total Vacancy to Begin 2014
OFFICE TRI-CITIES MARKET REPORT Negative Absorption And Sharp Rise In Total to Begin 214 MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.4% NET ABSORPTION -154,9 CONSTRUCTION 155, RENTAL RATE $2.63 P UNEMPLOYMENT
More information>> South Bay Market Hits 9-Year High in Demand
Research & Forecast Report South Bay OFFICE Q3 2016 Accelerating success. >> South Bay Market Hits 9-Year High in Demand Key Takeaways > The El Segundo/Beach Cities submarket once again led the South Bay
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 informationSouth Bay Records Nine Straight Quarters of Rate Increases
office SOUTH BAY market report South Bay Records Nine Straight Quarters of Rate Increases Market overview MARKET indicators - VACANCY 20.0% NET ABSORPTION 210,400 CONSTRUCTION 365,300 RENTAL RATE $2.27
More informationHISTORICAL VACANCY VS RENTS. Downtown Los Angeles Office Market Q Q RENTS VACANCY $31 2Q10 2Q11 2Q12 2Q13 2Q14
www.colliers.com/losangeles OFFICE LOS ANGELES MARKET REPORT Rate Decrease Below 20% As Market Activity Remains Flat MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.5% The Downtown Los Angeles market in
More informationIndustrial Snapshot 2Q 2016
CHARLOTTE INDUSTRIAL Warehouse Market Indicators Warehouse Net Absorption/Asking Rent 4Q TRAILING AVERAGE 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0-200 2011 2012 2013 2014 2015 2016 Net Absorption,
More informationEast Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032
East Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032 Colliers Brokerage NATHAN PELLOW Executive Vice President License No. 01215721
More informationSACRAMENTO RETAIL REPORT SACRAMENTO FIRST QUARTER Accelerating success.
SACRAMENTO RETAIL REPORT SACRAMENTO FIRST QUARTER 201 www.colliers.com/sacramento Accelerating success. Colliers International 201 First Quarter Report 1 KEY RETAIL METRICS - Q1 201 Total Market Adjusted
More informationOrange County Office Market Continues to Tighten Causing Rental Rates to Increase
OFFICE ORANGE COUNTY MARKET REPORT Continues to Tighten Causing Rental Rates to Increase MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.6% NET ABSORPTION 688,800 CONSTRUCTION 497,387 RENTAL RATE $2.26
More informationKeegan & Coppin Company, Inc. ONCOR International. 3rd QUARTER 2015 SONOMA COUNTY SUBMARKETS QUARTERLY NEWSLETTER
Keegan & Coppin Company, Inc. ONCOR International SONOMA COUNTY SUBMARKETS QUARTERLY NEWSLETTER 3rd QUARTER INSIDE THIS ISSUE: Market Highlights Notable Transactions Vacancy Trends Business Parks Petaluma
More informationSUNNYVALE RESEARCH »»» CENTER »»» EAST ARQUES, SUNNYVALE, CALIFORNIA EXECUTIVE SUMMARY
SUNNYVALE RESEARCH»»» CENTER»»» 1050-1090 EAST ARQUES, SUNNYVALE, CALIFORNIA EXECUTIVE SUMMARY EXECUTIVE SUMMARY PROJECT OVERVIEW Colliers International, as Exclusive Advisor, is pleased to present the
More informationMARKETBEAT Columbus. Office Q4 2018
COLUMBUS OFFICE Economic Indicators Q4 17 Q4 18 Unemployment 4.0% 4.0% Ohio Unemployment 4.9% 4.6% U.S. Unemployment 4.1% 3.7% Market Indicators (Overall, All Classes) Q4 17 Q4 18 Overall Vacancy 14.3%
More information>> Vacancy Falls To Lowest Rate Ever
Research & Forecast Report San Gabriel VALLEY INDUSTRIAL Accelerating success. >> Vacancy Falls To Lowest Rate Ever Key Takeaways Market Indicators Relative to prior period Forecast Construction Rental
More informationDENVER. Office Research Report. First Quarter Partnership. Performance.
DENVER Office Research Report First Quarter 2018 Denver Market Facts 61,614 Jobs added in the last 12 months ending in February, a 4.1% increase in employment. 3.1% Unemployment in Denver, lower than the
More informationPacific Heights 2 Story Medical Office Building
Pacific Heights 2 Story Medical Office Building 2305 Van Ness Ave, San Francisco, CA 94109 $ 3,995,000 3.93 % Cap Rate High traffic, high income location in San Francisco. Near notable retailers, restaurants,
More informationULIsf Residential Market Economic & Pipeline Update. Paul Zeger, Principal
ULIsf Residential Market Economic & Pipeline Update Paul Zeger, Principal SEATTLE san francisco new york washington dc LOS ANGELES MIAMI SAN FRANCISCO OAKLAND- EMERYVILLE SILICON VALLEY YEAR-OVER-YEAR
More informationLow Vacancy Stimulates New Developments
Research & Forecast Report LAS VEGAS MULTIFAMILY Q3 2015 Low Vacancy Stimulates New Developments > > Multifamily vacancy dipped below 5 percent in the third quarter of 2015 ELECTRIC Meter Hookups NEW HOME
More informationE-commerce. E-commerce in the Bay Area. United States Year End How consumer demand for expedited deliveries is driving real estate
1 E-commerce in the Bay Area United States Year End 2016 How consumer demand for expedited deliveries is driving real estate 2 Last-mile delivery and a new era for industrial Introduction real estate Adjusting
More informationOFFICE 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 informationRaleigh-Durham MARKETBEAT. Office Q Economy. Market Overview TRIANGLE OFFICE
TRIANGLE OFFICE Economic Indicators Q3 16 Q3 17 Triangle Employment 910k 936k Triangle Unemployment 4.3% 3.5% U.S. Unemployment 4.9% 4.4% Market Indicators (Overall, All Classes) Q3 16 Q3 17 Vacancy 14.5%
More informationNegative Absorption Recorded For The First Time In Past Nine Quarters
OFFICE SAN FERNANDO & VENTURA MARKET REPORT Negative Absorption Recorded For The First Time In Past Nine Quarters MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.6% NET ABSORPTION -124,000 CONSTRUCTION
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 informationMulti-family Asset - 84 Units $7,000,000
Multi-family Asset - 84 Units $7,000,000 1 Table of Contents I Executive Summary Property Overview 3 Property Details 4 Capital Improvements 5 Specifications 6 Amenities 7 II Financial Analysis 10 III
More information>> New Construction Delivers to the Orange County Office Market
Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> New Construction Delivers to the Orange County Office Market Key Takeaways > Three new office developments were delivered to the
More information2018: A Ground Breaking Year
Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q4 2017 2018: A Ground Breaking Year > Office inventory: 8,527,819 > Vacancy: 10.6 percent > Net absorption: 310,934 year-to-date The Northern
More informationHolding Steady NORTH I-680 CORRIDOR OFFICE Q % Research & Forecast Report. Market Indicators
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q2 2018 Holding Steady > > Office Inventory: 16,998,288 Square Feet > > Vacancy: 14.5 percent > > Net absorption: 25,027 square feet year-to-date
More informationService Area: Serving the entire Bay Area, U.S. Hwy 80 corridor and Sacramento MSA :
At North Bay Property Advisors we understand the importance of value enhancement for your property. Our team is trained to manage the property to meet your goals and objectives while maintaining the highest
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 informationOFFICE 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 informationSouth Bay Records Robust Investment Sales Amid Strong Demand
office SOUTH BAY market report South Bay Records Robust Investment Sales Amid Strong Demand Market overview MARKET indicators - VACANCY 20.5% NET ABSORPTION 295,000 CONSTRUCTION 365,300 RENTAL RATE $2.24
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 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 informationRALEIGH-DURHAM MULTIFAMILY MIDYEAR Demand at an All-Time High, Skyrocketing Same-Unit Rents. Research & Forecast Report.
Research & Forecast Report RALEIGH- MULTIFAMILY MIDYEAR 2015 Demand at an All-Time High, Skyrocketing Same-Unit Rents Market Indicators Relative to prior period VACANCY Raleigh-Durham JAN 2015 Raleigh-Durham
More informationMultifamily Report. Sacramento Apartment Insights Volume 4 4th Quarter Accelerating success.
Multifamily Report Sacramento Apartment Insights Volume 4 4th Quarter 2013 Accelerating success. 4Q 2013 MULTIFAMILY greater sacramento research & forecast Report Fourth Quarter 2013 General Market During
More informationRed Hot Rents & Cooling Vacancy
Research & Forecast Report NORTH I-680 CORRIDOR OFFICE Q3 2017 Red Hot Rents & Cooling Vacancy > > Office Inventory: 16,926,446 Square Feet > > Vacancy: 12.9 percent > > Net absorption: (380,946) Square
More informationSlow Start to the Year as Hollywood Awaits Construction Deliveries
office CENTRAL LOS ANGELES market report Slow Start to the Year as Hollywood Awaits Construction Deliveries Market overview MARKET indicators - VACANCY 19.1% NET ABSORPTION 24,300 CONSTRUCTION 1,242,600
More information