Archive for Reis

May
29

Reis: Retail Trends 1Q 2014 (Video)

Posted by: | Comments Comments Off on Reis: Retail Trends 1Q 2014 (Video)

Categories : National News
Comments Comments Off on Reis: Retail Trends 1Q 2014 (Video)
Jun
20

Reis: Office Market Cap Rate Trends

Posted by: | Comments Comments Off on Reis: Office Market Cap Rate Trends

The office market followed fourth quarter’s impressive performance with continued momentum. After the mean cap rate compressed by 70 basis points during the fourth quarter, it compressed by another 30 basis points during the first quarter of this year to fall to 6.7%. This is the lowest that the mean cap rate has been since the third quarter of 2008, before the market hit the skids, when it stood at 6.4%. Although the mean office cap rate has been somewhat idiosyncratic over the last few years, at this juncture that kind of cap rate expansion seems unlikely. The mean cap rate might continue to jump around in the future, but a recovering office market should keep cap rates compressing for the foreseeable future.

In contrast, the 12-month rolling cap rate is not approaching the low levels that were reached before the market imploded. The 12-month rolling cap rate is still approximately 80 basis points above where it bottomed during the third quarter of 2008. We will need to see more than two quarters of compressing mean cap rates if we are to test that low, which indicates we should pay close attention to cap rates in the coming quarters. But if the 12-month rolling cap rate starts to test historically-low cap rates, that would mean that the recovery is becoming more entrenched and investors are buying office properties in anticipation of improving fundamentals over the medium-term.

 

Categories : National News
Comments Comments Off on Reis: Office Market Cap Rate Trends
Mar
08

Reis Offers Free Trial for ReisReports

Posted by: | Comments Comments Off on Reis Offers Free Trial for ReisReports

Reis is offering a free trial for seven days. I thought some of you might be interested.

Each Report Includes:

  • Metro and Submarket Analysis of rent and vacancy trends, inventory growth, changes in absorption, and economic trends.
  • 10 Sales Comps including sale price, closing date, buyer, seller, cap rates, and where available, financing terms.
  • 10 Rent Comps of property-level rents and vacancies, as well as comp group summary statistics, including concessions, operating expenses and lease terms.

LINK TO REGISTER

Categories : National News
Comments Comments Off on Reis Offers Free Trial for ReisReports
Jul
21

Reis Q2 2011 Shopping Center Trends

Posted by: | Comments Comments Off on Reis Q2 2011 Shopping Center Trends
  • About 638,000 square feet of new neighborhood and community center space came online during the second quarter — up from 83,000 square feet in the first quarter. The last two quarters have been the periods with the lowest levels of new deliveries for any quarters since Reis began publishing quarterly data in 1999.
  • The vacancy rate was at 11.0 percent — rising 10 basis points from the figure the sector had maintained for the four previous quarters.
  • Asking rents fell by six cents and effective rents fell by one cent from their first quarter levels.
  • The vacancy rate for neighborhood and community centers remained flat or increased in 40 of the primary 80 metropolitan areas; effective rents remained flat or declined in 46 out of 80 markets.

Source: Reis Inc.

Categories : National News
Comments Comments Off on Reis Q2 2011 Shopping Center Trends
Jun
28

Get Free Data from Reis

Posted by: | Comments Comments Off on Get Free Data from Reis

The all new ReisReports.com features free content to CRE professionals previously withheld for their paying subscribers. Visit the South Carolina pages by using the links below to access the latest rent and vacancy trends, recent sales, cap rate trends, rent observations, forecasts, local CRE news, and much more. Register for a trial account here.

LINK TO THE COLUMBIA PAGE

LINK TO THE CHARLESTON PAGE

LINK TO GREENVILLE PAGE

Comments Comments Off on Get Free Data from Reis