The Beltline market witnessed a net negative absorption totaling 72,000 square feet (sf) during the fourth quarter.
After another quarter characterized by strong leasing activity, the industrial market’s positive trend continued with vacancy decreasing by another 0.50% in the fourth quarter to 6.52%.
Residential Land, Multi-Residential and Industrial sales led Calgary’s commercial real estate investment market in a continued recovery during 2017. Multi-Residential and Residential Land investments both grew more than one-third year-over-year, demonstrating the health and strength of the Greater Calgary Area.
Edmonton’s commercial real estate (CRE) investment market was remarkably stable during 2017, with total dollar volume down just 2.9% year-over-year. There was a game of musical chairs among some asset classes; office investment dominated the year while industrial investment faded. Retail stayed put.
The Mexico City Metropolitan Area Inventory for Class A and A+ office buildings closed the 4Q of 2017 with a total office inventory of 6.3 million square meters. This represents an increase of 10% equivalent to 607 thousand Sq.M.
TCN Worldwide's State of the Market: Central Edition, 4th Quarter 2015 Prepared by Hugh F. Kelly, PhD, CRE, Consulting Economist to TCNIn this edition: –Overview of National Economic Context –Regional Conditions in the Eastern States –Commercial Property Investment Trends
TCN Worldwide's State of the Market: Central Edition, 3rd Quarter 2015 Prepared by Hugh F. Kelly, PhD, CRE Consulting Economist to TCNIn this edition: –Overview of National Economic Context –Regional Conditions in the Central States –Commercial Property Investment Trends
CBD Outlook • The CBD vacancy rate will continue to decrease due to new market leases and tenant expansions. • The CBD availability rate will continue to rise as more tenants sign leases at buildings under construction and landlords market the space they are leaving years ahead of time. • Asking rates will continue to steadily increase because of sale activity and owners upgrading amenities within their buildings. • The capital markets will continue to be strong as investors are attracted to Chicago’s cap rates.
A survey of the Oklahoma City Retail market, provided by Price Edwards & Co.