News
Tight Quarters
By Ryan McCullough The U.S. retail market passed a milestone in the second quarter, as vacancies dropped below their 10-year average of 6.7 percent. Net absorption has been climbing over the past few years, but remains at roughly half of the average pace from 2006–08. Since development has fallen off even more, this run has been sufficient to keep occupancies on the upswing. Those markets at the forefront—Boston, New York, San Francisco—are nearing an end to their retail recoveries, with second-quarter occupancies flat or even down from year-ago levels. In these core coastal areas, competitive space is nearly all spoken…
Give and Take
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
Growth Story
(employed and unemployed persons by occupation; not seasonally adjusted; numbers in thousands)
Durable Rewards
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions
Duke Land Group Unveils Plans for 104-Acre M-U Community in Roswell, Ga.
Duke Land Group has a big plan for the suburban Atlanta town of Roswell, Ga.–a sprawling 104-acre plan.