Tag Archives: Citybizlist

Advance Auto Parts’ Store Fetches $2.7M, 7.75% Cap Rate – Citybizlist Real Estate

Advance Auto Parts' Store Fetches $2.7M, 7.75% Cap RateCitybizlist Real EstateThe deal closed at 7.75 percent cap rate. Brad Nathanson, a senior director in Philadelphia for Marcus & Millichap Real Estate Investment Services, … read more

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Jones Lang LaSalle Predicts Retail Growth in 2011 – Citybizlist Real Estate

Jones Lang LaSalle Predicts Retail Growth in 2011Citybizlist Real EstateFor closed deals, the average cap rate hovers eight percent and is declining, a trend that should entice institutional investors to sell. … and more » read more

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DC Metro Rental Housing Market Achieving Lowest Vacancy Rate Since Start of … – Citybizlist Real Estate

DC Metro Rental Housing Market Achieving Lowest Vacancy Rate Since Start of …Citybizlist Real EstateRental housing demand in the Washington, DC, metro soared in the third quarter, putting the market on track to record the lowest vacancy rate since the … Continue reading

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Delaware Walgreens Sells at 7.5 Cap – Citybizlist Real Estate

Delaware Walgreens Sells at 7.5 CapCitybizlist Real EstateA 14820 square foot Single-Tenant Net-Leased Walgreens property in Harrington, DE has sold for $5.494 million, or a 7.50 percent cap rate. … read more

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IIT Buys 232000 SF Atlanta Industrial Portfolio for $14.2M – Citybizlist Real Estate

IIT Buys 232000 SF Atlanta Industrial Portfolio for $14.2MCitybizlist Real EstateThe property has a capitalization rate of approximately 8.0%, The Atlanta Portfolio is currently approximately 96% leased to 10 tenants under lease … read more

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Hines Global Takes Southpark Commerce for $31.3M – Citybizlist Real Estate

Hines Global Takes Southpark Commerce for $31.3MCitybizlist Real EstateThe buyer assumed an $18 million loan as part of the trade, beginning its reign with an 8.5 percent cap rate. The buyer formed Hines Global REIT Southpark … read more

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CBRE: M-F Housing Vacancy to Continue Declining – Citybizlist Real Estate

CBRE: M-F Housing Vacancy to Continue DecliningCitybizlist Real Estate"With the recent gains in occupancy, declines in effective rents have become less severe and we expect apartment performance to continue improving. … and more » read more

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CBRE: M-F Housing Vacancy to Continue Declining – Citybizlist Real Estate

CBRE: M-F Housing Vacancy to Continue DecliningCitybizlist Real EstateThis continues a decline, which began after the vacancy rate peaked at 7.4% at the end of 2009. "Demand for apartments continues to strengthen faster than … and more » read more

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Excel Trust Places $157M in Contracts – Citybizlist Real Estate

Excel Trust Places $157M in ContractsCitybizlist Real EstateBrandywine Crossing and Rosewick in La Plata, Md., will trade at a blended cap rate of about 7.5 percent. At stabilization, the cap rate is projected to … and more » read more

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Beacon Capital’s $310M Sale Leads 2010 Deals – Citybizlist Real Estate

Beacon Capital's $310M Sale Leads 2010 DealsCitybizlist Real EstateCole is projecting a 7.7 percent average capitalization rate for the tenant's remaining initial lease term. Microsoft houses the Bing division in the tower, …Cole Real Estate Investments Acquires Microsoft Bing HQ … Continue reading

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