Consequently, high-quality retail centers possessing a significant degree of credit tenancy with strong tenant sales, such as the Dunes in Monterey Bay, are pushing cap rates into the 4.50% to 5.25% range.
More tracts, pads and outparcels are in the works for a power center, the Shops at Broad, in this rapidly growing city of Mansfield that is part of the DFW metro area.
Micro units have attained success in both bull and bear markets, and attention from private investors and large institutions throughout the Puget Sound region as efficiency units go mainstream.
Stephanie Anderson, national sales director of Housing and HealthCare Capital, speaker at this week's RealShare Healthcare, talks to GlobeSt.com about the government, private pay sector and more top trends in healthcare real estate.
Two years of anticipated gridlock ease fears that political or economic policy changes will derail business expansion plans, setting the stage for further job creation and modest gross GDP growth, says Transwestern.
The current regional availability rate dropped to 9.27%, suggesting a positive near-term outlook for vacancy, including the 80% occupancy of the Joshua Green Building after URG moved into new HQ space.
Submarkets such as the Galleria remain attractive to investors and lenders due to the desire to place capital in Houston and the quality asset of the Hyatt Galleria drew heavy lender interest for the refinance.