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Highlights from CBRE’s National Retail Cap Rate Report
Highlights from CBRE’s National Retail Cap Rate Report
Nov 16, 2010
The national retail cap rate remained stable during the third quarter, coming in at 8.49 percent compared with an adjusted figure of 8.48 percent during the second quarter. Average rates continue to be at levels last seen in mid 2003. The East and...
Faris Lee Closes Seven Net Lease Deals
Nov 15, 2010
Faris Lee Investments completed seven sales of fast food restaurant properties totaling $9.5 million in value. The restaurants are located in California, Texas, Nevada and Arizona. The transactions included the following...
Simon Opens Phase II of Houston Premium Outlets
Nov 12, 2010
Simon Property Group Inc. opened the second phase of Houston Premium Outlets in Cypress, Texas. Phase II added 114,000 square feet to the center, for a total GLA of 541,000 square feet. Phase I opened in 2008...
CMBS Delinquencies Turn a Corner
CMBS Delinquencies Turn a Corner
Nov 09, 2010
Data from Trepp LLC showed that CMBS delinquencies decreased in October—the first drop in the monthly delinquency rate in more...
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