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Research and Consulting. "Rents rose 5-9 per cent year-on-year, depending on quality and location of the building." The firm forecast office rents to rise further in the near future due to a limited number of new properties coming on the market by
With local residential rental units remaining in high demand, a national report indicates that the typical monthly payment on a mortgage is slightly less expensive than rent. RealtyTrac, an online database for real estate property information,
Real Estate Video Retirement property The large number of condos that are still being built in both of those cities will lead to an excess supply of rental units in the coming years, and will likely cause their condo vacancy rates to rise by 0.3 to 0.
Monday, February 10, 2014 at 1:00 a.m...William Penn's hat atop City Hall is getting a new skyscraper, to be the city's tallest and more than twice as high as the iconic statue. Plans for the building, the Comcast Innovation and Technology Center,
That is the lowest vacancy level since the peak of 19.1 percent in early 2012.
Thurston County apartment vacancy rates remain tight, still hovering at just under 5 percent, new data released Thursday show. Vacancy rates in the fourth quarter fell to 4.71 percent from 4.97 percent in the previous quarter, according to Apartment
It marked the fourth consecutive quarter that the office vacancy rate has decreased, following five years of increases. The vacancy rate peaked at an all-time high of nearly 24 percent in 2012. It's not time to break out the party hats and horns, but
GPT has struck a deal to buy five CPA assets from Dexus, to give it more than $10 billion of funds under management and make GPT the second biggest office landlord in the country. Investa Office, Mirvac and Charter Hall own the lion's share of the
But a trend toward smaller space means the new leases have not had as great an impact on vacancy rates, he said. The downtown office vacancy rate stood at 17.9 percent at the end of 2013, according to Jones Lang LaSalle. "We've seen job increase, job
North Jersey industrial market continues rebound The North Jersey industrial real-estate market roared on with its recovery as the year came to a close, as leasing volume increased, vacancy rates dropped and major deals closed, according to a report