Archives for Matthews REIS / Page 105

  There is scarce industrial availability in Chattanooga, at about 1.9 percent. The limited options have kept vacancies tight, around 1.9 percent, well below its historical average. Though the Volkswagen Chattanooga Assembly Plant opened in 2011, industrial demand has been booming in the last several years. The assembly plant has helped expand automotive supplier presence […]

Augusta’s multifamily market has favorable fundamentals – a decreasing vacancy rate, increasing rents, and strong population growth. Augusta holds a large base of government and government-related jobs, helping stabilize the local economy. In 2013, the U.S. Army Cyber Center of Excellence announced its move to Augusta, adding jobs directly from the military and influencing relocation […]

  Thanks to the surging national demand for logistics and manufacturing facilities, Birmingham has a strong industrial market. Vacancies are still at historic lows, around 2.9 percent, allowing landlords to increase pricing. As such, rents have grown 9.5 percent in the last 12 months. Employment has essentially recovered to pre-pandemic levels since September 2021, with […]

  2021 was a year of record growth and stability for the retail sector. Emerging from the challenges of COVID-19, retail recovered swiftly, as fiscal support from the U.S. government, paired with a tight labor market promoting a robust wage growth, provided consumers with extra spending money. Brick and mortar retail sales reached historic numbers […]

  In 2021, healthcare real estate made a name for itself and entered the ranks as a popular investment product type. The reasons for this asset class’s increased desirability are partly attributed to COVID-19, demographic trends, and 2020 performance. Apart from the temporary pause in elective surgeries and other voluntary healthcare services during the height […]

  In the last 12 months, almost $80B in transaction volume has closed in the retail sector, fueled by the low-yield environment. Although the challenges from COVID are still present, there is enough understanding of the market that investors have been able to underwrite acquisitions. In 2021, investors heavily targeted single tenant net lease deals […]

  Despite the continuing effects of the COVID-19 pandemic, the multifamily sector in Los Angeles remained a robust and reliable investment for both local and out-of-state investors in 2021, propelling value growth and cap rate compression. Almost every market in the metro area experienced positive gains, especially in occupancy growth. Vacancies trended down since peaking […]

The apartment sector showed resounding strength throughout 2021 with record-setting national rent gains and outsized absorption totals. The lack of available housing has propelled pricing for both single-family and rental apartment units. With renters searching for affordability in the wake of COVID-19, secondary and tertiary markets and suburban communities welcomed new residents. Apartment investment activity […]

  The U.S. industrial market witnessed a stellar year in 2021, recording as one of the best-performing asset classes with property pricing climbing faster than any other sector. Vacancy rates fell at the fastest pace ever (4.3 percent), rent growth reached a record high (7.8 percent), and cap rates pushed into record lows (6.4 percent). […]