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research: Newmark Knight Frank - Detroit Industrial Market Report - 1Q10 - 06/22/10 02:15 PM

Conditions in the Detroit industrial market continued to weaken during the first quarter of 2010. Total net absorption was negative for the sixth consecutive quarter as nearly 1.7 million square feet were put back on the market.  The vacancy rate increased to 20.0%, the Detroit industrial market high on record since 2000.  The average asking rent fell to its lowest point on record to $4.02/sf from $4.04/sf reported during the fourth quarter of 2009.  Average asking rents in the Detroit industrial market have remained in the $4/sf to $5/sf range for the past eight years.
The Groesbeck submarket was one … (0 comments)

research: How Can An Employee Scattergram Help Your Office Search? - 05/12/10 01:09 PM

Maybe you've heard of the term Employee Scattergram or maybe you haven't, but in your search for new office space knowing where your employees live in relation to your office location may be one of the most important things you know.  I've heard it said that "the drive to work is the number one reason why many people quit their jobs!"  Having a quick commute to work can be just as an important fringe benefit as health benefits or retirement savings.
The way an Employee Scattergram works is fairly simple: 
Gather all employee zip codes Utilizing a mapping program enter … (0 comments)

 
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Jason Tucker

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Jason is personally committed to a holistic approach for assisting local and international companies with their strategic real estate needs. He provides his clients with targeted real estate market research, industry trend analysis, and logistics solutions that enable them to make well-informed, cost-effective decisions about their businesses.


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