In addition to our research in the office, apartment, flex/ R&D, warehouse/distribution, and self storage sectors, Reis provides unparalleled coverage of the retail market, a typically under-researched sector. We recognize that the retail sector is characterized by distinct niches— therefore, we generate separate findings for the neighborhood, community, and power center sectors. Our retail coverage assists lenders and investors in the financing, sale, and management of shopping centers by providing critical market information, such as rents, vacancy rates, absorption, new construction, sale prices, and cap rates.
The market entry of new buildings can significantly change the competitive landscape and performance expectations for any metro. Reis carefully tracks and monitors new projects from the planning stages to opening day to stabilization. These findings, published weekly, are reflected in our quarterly rent, vacancy, and inventory forecasts for markets and submarkets, and provide clients with valuable information about the pace at which newly opened buildings lease up.
Because performance may differ significantly between Class A and Class B/C buildings, Reis reports on supply, demand, rent, and vacancy rates by building class for the Apartment and Office sectors.
Average Submarket Lease Terms