Commercial Investment Real Estate

NOV-DEC 2013

Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.

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Ä E A S T "Second-quarter industrial vacancy was 8.8 percent, which may encourage speculative construction. Pressure on class A occupiers of warehouse/ distribution space mounts due to lack of available class A space in excess of 125,000 square feet." S O U T H Á Pittsburgh Industrial Snapshot Top Markets for New Apartment Product MSA 2012 UNITS Dallas 10,440 5,808 Washington, D.C. 9,374 6,171 Houston 9,070 4,471 National Ñ Jones Lang LaSalle 2013 UNITS 180,273 86,554 Source: Axiometrics Ä S O U T H W E S T yorkfoto/Getty Images Phoenix Market Report Arizona State University's W. P. Carey School of Business and the Center for Real Estate Teory and Practice introduced a new commercial real estate report in 3Q13 for the Phoenix market. Consisting of survey results and anonymous comments from active commercial real estate brokers, the report provides a "boots on the ground" look at where apartment, industrial, retail, and ofce vacancy rates and rents are headed in the Phoenix metro area, as well as survey results and comments on investment fundamentals such as interest rates, cap rates, and investor returns. Te report is available at www.wpcarey.asu.edu/ realtyreports. ASU is CCIM University Alliance member; graduates of its master's of real estate development qualify for CCIM's fast track program: www.ccim.com/membership/ university-fast-track. Á W E S T M I D W E S T Colorado Loves Fast Casual Indianapolis Top Job-Growth Sectors, July 2013 Sector Source: Jones Lang LaSalle CCIM.com Te top three metros for the most fast-casual restaurants per residents are in Colorado, according to a recent NPD Group survey. MSA Percentage increase in employment Leisure & Hospitality 9.3% Professional & Business Services Trade, Transportation & Utilities Á 3.5% 2.0% Units per 100,000 residents Fort Collins-Loveland metro Denver-Aurora-Broomfield metro Boulder metro U.S. average 13.14 12.76 12.53 5.00 Source: NPD Group November | December | 2013 43

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