commercial real estate: What Is The Definition Of Cap Rate, And Why Does It Matter?
- 07/22/11 08:09 AM
In commercial real estate, cap rate, or capitalization rate, is used to determine the values of income producing properties such as apartments of five units or more, office buildings, strip malls and other such properties. The cap rate can represent extremely different things to different people in respect to their interests in commercial real estate. Before we investigate why cap rate matters, and what it means to specific people, let's look at the actual equation and see how it works. Cap rate has two main components which area: net operating income (NOI) and price or estimated value of the property. … (0 comments)
commercial real estate: THE SHOPS AT GRAYHAWK-FRISCO, TEXAS, - 260,000 square feet of New Retail
- 10/26/07 07:07 AM
THE SHOPS AT GRAYHAWK - FRISCO, TEXAS Name:The Shops at Grayhawk Location:Northeast corner of FM 423 & Eldorado Parkway, Frisco, Texas Size: 260,000 square feet on 31.22 acres Who is involved with project: Developer: Archon Group, a subsidiary of Goldman SachsArchitect: Richmond Group What makes this retail special or unique? The Shops at Grayhawk is anchored by Wal-Mart Supercenter at the crossroads of two major traffic arterials, FM 423 and Eldorado Parkway. Why will it be a success?The draw of Wal-Mart will contribute to the customer traffic for 38,000 square feet of adjacent retail shops plus four pad users. What type of shopper does it target? Residents in a … (1 comments)
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