commercial real estate: U.S. National Association of Realtors Forecast
- 11/29/11 06:34 AM
The following is the text from the NAR’s quarterly commercial real estate forecast release. Growth in Commercial Real Estate Markets Expected in 2012 Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to the National Association of Realtors. Lawrence Yun, NAR chief economist, said there is little change in most of the commercial market sectors. “Vacancy rates are flat, leasing is soft and concessions continue to make it a tenant’s market,” he said. “However, with modest economic growth and job creation, the fundamentals for commercial real estate … (0 comments)
commercial real estate: South West Indiana Medical Buildings' Purchase Complete
- 03/26/10 07:33 AM
An Arizona-based real estate investment trust says it has completed the purchase of a five building medical office portfolio in Evansville and Newburgh for $45.2 million. Healthcare Trust of America Inc. acquired 260,500 square-feet of space currently leased to Deaconess Clinic Inc. The buildings are located near the Deaconess Hospital campus. Healthcare Trust of America, Inc. ("HTA"), a self-managed, non-traded, real estate investment trust, announced the completed purchase of a five building medical office portfolio located in Evansville and Newburgh, Indiana for $45,256,500. The approximately 260,500 square foot portfolio is 100% master-leased to Deaconess Clinic, Inc., an affiliate of Deaconess Health … (0 comments)
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The following is the text from the NAR’s quarterly commercial real estate forecast release.
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