Category: Market Reports

Shopping center slated for Southpark Meadows area; Austin’s retail scene remains red hot

Posted on by ginger

Retail real estate in Austin is in short supply with a metro-wide vacancy of just under 4 percent, but another new development will be underway shortly near Southpark Meadows in far South Austin. Encore Enterprises, a Dallas-based real estate investment firm, has signed several tenants for its South Congress Station planned for 8900 S. Congress Ave. The move comes as retail product demand among Austin consumers remains strong — and rental rates for retail space soar amid a tight supply market, according to recently released data in Marcus & Millichap’s Retail Research Market Report.

Click to read more at Austin Business Journal.

All sectors holding their own in San Antonio’s growing commercial real estate market

Posted on by ginger

It isn’t easy for growth to find a balance across multiple sectors of a city’s real estate market. But in San Antonio, continued increases in its retail, office and industrial markets prove not only that it can be done, but that steady growth can be maintained.

Click to view more at San Antonio Business Journal.

2016 Another Banner Year for Commercial Real Estate 

Posted on by ginger

Year’s Most Important Commercial Real Estate News as Determined By CoStar Readers

By CoStar News Staff
December 29, 2016

For all its ups and downs, U.S. commercial real estate enjoyed another banner year in 2016, thanks in large part to the unprecedented run in multifamily rents and property values and the fact that the U.S. continues to be viewed as a ‘safe haven’ by global property investors.

Click to read the rest of this Article.

CoStar

Austin, Frisco, League City fastest growing U.S. cities in three size groups

Posted on by ginger

Austin, League City and Frisco were named by WalletHub as among the fastest growing cities in the country, in an analysis of 14 measures.

Frisco and League City topped the overall top 10 list, where they snagged the first and second slots. McKinney, Bryan and Midland also made the top 10 list when ranked on a combination of the 14 factors.

League City had the highest growth among cities that WalletHub termed small, or fewer than 100,000 people. Frisco was the fastest growing midsize city, with 100,000 to 300,000 people.

Read the rest of this Article at Chron.

Update on the MOB Investment Market – Q3 2016

Posted on by ginger

beth-young

 

 

By Beth Young
Colliers International
Healthcare Services Group

It is a sellers’ market. Capital is priced well.  REITs are trading aggressively.   Buyers must work through challenges like amortized TIs (tenant improvements), shorter term leases, non-credit tenants, etc.  And many of the investment acquisitions and dispositions are being handled off-market.

Click to read the rest of this Article.

Sales of Medical Office Properties, Though Healthy, Trail Behind Last Year’s Levels

Posted on by ginger

After a stellar 2015, investment sales volumes and construction activity in the medical office sectorare showing a healthy pace. But whether 2016 will top last year’s activity levels may just be a matter of politics.

In the 12 months spanning from July 2015 to June 2016, 665 healthcare properties representing more than 40.4 million sq. ft. of space were sold nationally, according to medical real estate information company Revista Med. The total dollar volume came to $12.24 billion. At this point last year, that figure stood at $13.7 billion.

Read more at National Real Estate Investor