Rents on the Rise

By Econ70 | 02/01/2012
Building suppliers corporation llc

Good News: Vacancy rates at malls averaged 9.4% in Q4 ’11 down from an 11 year high of 9.6% in Q3 ’11 but way up from the all-time low of 5.5% in ’07. Meanwhile vacancy rates at strip malls held steady at 11%. As for pricing, mall rents rose to almost $39/ sq. ft. up…

Read More

Families in the Market

By Econ70 | 02/10/2011
A man in a suit and tie standing on stage.

I am quite bullish on the multi-family area of the market where demand is strong and strengthening and vacancy rates are declining. The apartment space looks good but as the homeownership rate continues to fall, the improvement in MF is coming at the expense of the single-family sector. This is important to consider because household…

Read More