Despite the glut of condos on the market, Portland’s multifamily vacancy rate is relatively low compared to other markets in the U.S. According to a report issued by commercial real estate tracker CoStar, the national vacancy rate for this type of property was 10.6% at the end of the second quarter. This is a jump from a [...]
Posts Tagged ‘vacancy rate’
Multifamily Vacancy Actually Low in Portland
Posted in Forecast, Trends, Vacancies, build to suit, building sale, commercial real estate, lease, oregon, portland, square feet, tagged apartments, condominiums, condos, lease, MSA, multifamily, square feet, street of dreams, vacancy rate on August 6, 2009 | Leave a Comment »
Advantage: Tenant
Posted in Green Building, Vacancies, commercial real estate, downsizing, headquarters, lease, new office, office space, oregon, square feet, start up, sublease, tagged commercial real estate, job loss, lease, office space, renewal, square feet, square foot, sublease, tenants, vacancy rate on March 31, 2009 | Leave a Comment »
The loss of more than 4 million jobs over the last 15 months has pushed the national office vacancy rate in 2008 to 14.5% , up from 12.6% in 2007 (based on 79 office markets tracked by the Bureau of Labor Statistics). Office rents grew from 9% to 10.6% between 2006 and 2007, but started a moderate [...]
The Ted Spread – Less is More
Posted in Trends, commercial real estate, office space, tagged basis points, bps, commercial real estate, credit market, daily journal of commerce, lease, leasing, McGee Financial, office space, pacific real estate partners, portland, square feet, Ted, treasury bills, vacancy rate on March 1, 2009 | Leave a Comment »
Highly regarded financial advisor Judith McGee had a few thoughts to offer on the current credit market and what she sees as, if at least modestly, improving markets this year. Though cautious on her observations, Ms. McGee points out that money market indicators are showing signs of better times ahead. An important signal to track [...]
The Vestas Love Affair Continues…
Posted in Green Building, LEED, build to suit, commercial real estate, headquarters, tagged CBD, portland, rent, square feet, vacancy rate, vestas, wall street journal on December 10, 2008 | Leave a Comment »
It appears the Wall Street Journal has taken notice of the Portland-Vestas Wind Systems love affair, announcing the 500,000 SF headquarters decision I blogged about in an earlier post.
Vestas has expanded into an additional 18,000 SF at Harrison Square (1800 SW First Avenue) bringing their total square footage across three buildings between Naito Parkway and First Avenue [...]
The Front Porch- Despite federal support, Portland housing market stumbles in February March 17, 2010FRONT PORCH BLOG: The inventory of homes for sale, a key measure of whether supply outpaces demand, rose in February. The trend runs counter to typical seasonal patterns and suggests a rising supply that could dampen home prices.
- Despite federal support, Portland housing market stumbles in February March 17, 2010
- National Real Estate Investor
- PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010 March 16, 2010PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010
- PricewaterhouseCoopers: Apartment Sector to Lead Rising Property Sales in 2010 March 16, 2010
- Retail Traffic
- PREIT Closes on a $670M Secured Credit Facility March 16, 2010Pennsylvania Real Estate Investment Trust closed on a secured credit facility with $520 million in term loans and a $150 million revolving line of credit.
- PREIT Closes on a $670M Secured Credit Facility March 16, 2010
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