Property Metrics
Top 5 Retail Space and Office Building Sales
PropertyShark compiled the top 5 sales in office and retail for May 2017 in New York City.
Cap Rates
For the first three months of 2017, warehouse cap rates increased by more than 18 basis points, while CBD office decreased by 15.4 basis points.
Nashville’s Supply Side Shines
With strong demand fueled by robust population gains and consistent job growth, the market remains a hot ticket. Investors acquired more than $1 billion in apartments in 2016, according to Yardi Matrix.
Charlotte’s Boom
The metro’s multifamily market is one of the best-performing in the country, with healthy demand, job increases and strong growth potential.
Jacksonville’s Rapid Growth
A healthy employment climate, an inexpensive cost of living and mild weather are attracting jobs and new residents, creating demand for apartments and bolstering rent growth, according to Yardi Matrix.
Rapid Growth in Raleigh-Durham
The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.
Phoenix Rising
The Valley of the Sun is riding a wave of solid performance. New supply is keeping pace with demand, helping to maintain healthy vacancy rates.
Portland’s Silicon Forest Continues to Grow
Multifamily demand remains elevated, fueled by a healthy job market and an influx of young people. Oregon’s GDP grew 4.6 percent as of the third quarter of 2016, placing it in the top 10 fastest-growing states in the nation.
The Inland Empire Expands
Multifamily rent growth in San Bernardino and Riverside counties continued its extremely fast pace over the past year, supported by a healthy job market and moderate inventory expansion, Yardi Matrix data shows.