The latest analysis from CBRE Group Inc. showed that U.S. commercial real estate market continued to show moderate improvement across all property sectors in the third quarter (Q3) of 2012. The analysis, according to a Sacramento Business Journal report, is based on surveys of buildings more than 10,000 square feet, excluding government owned and medical. Hilights of the results include:
Vacancy in the nation’s office buildings continued to decline, falling 20 basis points (bps) during Q3 to 15.5%.
National industrial availability1 dropped 10 bps during Q3 to 13.1%, continuing a two-year favorable trend.
Retail properties continued to see modest improvement in availability, which fell 10 bps to 12.9%, during Q3.
Demand for the nation’s apartment buildings continued to be strong, with vacancy in Q3 at 4.6%, a decrease of 40 bps from a year ago.
For more news and information visit Blumberg Capital Partners.
No comments:
Post a Comment