Archives for Matthews REIS / Page 16

Savannah Multi-Tenant Retail Market Report Market Overview With a strong local economy characterized by population growth and tourism, Savannah’s retail market remains a significant interest for investors. The leisure and hospitality sector, employing approximately 15% of the labor force, plays a significant role in Savannah’s economy, with tourist spending exceeding $3 billion. Savannah’s economy has […]

Q1 Augusta Multi-Tenant Retail Market Report Market Overview The Augusta economy relies heavily on government enterprises, particularly Fort Gordon and the U.S. Army Cyber Center of Excellence, which together support over 25,000 workers. Private-sector employment expansions, like those from e-commerce giants such as Amazon, offer growth to capitalize in the market. The Augusta retail market […]

Northwest Houston Industrial Market Report Houston Northwest Inner Loop Submarket Overview The Northwest Inner Loop submarket stands as Houston’s second-largest industrial submarket, boasting 63.7 million square feet of inventory, strategically positioned near the 610 Loop urban core, and accessible via major highways like I-10 and Beltway 8. Despite challenges such as expensive land and limited […]

Gilbert & Chandler Retail Market Report Gilbert Submarket Overview The Gilbert retail submarket, nestled within Phoenix’s East Valley, thrives as a rapidly expanding and affluent sector. With a highly educated population, the area continues to attract prestigious employers across sectors such as health, technology, finance, and advanced manufacturing. Major companies like Deloitte, Northrop Grumman, and […]

Navigating Hotel PIPs For hotel owners, embracing a property improvement plan (PIP) may initially seem financially challenging, especially given today’s market uncertainties, high construction costs, increased interest rates, and labor shortage. However, PIPs serve as a valuable opportunity to reassess the hotel’s overall strategy and help chart a course of action toward enhanced profitability – […]

Houston Medical Office Market Report Market Overview Houston’s status as a premier market for medical real estate is supported by several key factors. The presence of the renowned Texas Medical Center creates a large demand for medical facilities, with new investments creating more than 23,000 permanent new jobs and 19,000 construction jobs. Houston’s diverse and […]

Houston Retail Market Report Macroeconomics: Federal Funds Rate The Fed met on March 20th, 2024, which marked its 5th consecutive meeting, stating that they will maintain the federal funds rate at the current rate (5.25-5.5%). Jerome Powell seems to be set on keeping the current rate until inflation is back at 2%, which is the […]

The Texas Property Tax Dilemma | What NNN Owners Need to Know The Lone Star State’s reliance on property taxes to fund essential services and public infrastructure has been on the rise for the past decade. With property taxes edging up to 1.8%, the state ranks among the top 10 most expensive. However, the burden […]

Phoenix Self-Storage Market Report As the capital of Arizona and the fifth-largest city in the U.S., Phoenix carries a population of more than 1.6 million people. Phoenix continues to outperform in job growth, with an addition of 43,200 jobs in 2023, bringing the total to 166,000 more jobs than pre-pandemic levels, marking the sixth-largest gain […]