11. Office Absorption REIS forecasts 2012 Absorption at 985,000 square feet, or 1.3% of Office Universe of 75,583,000 square feet 1.7% 828,333 -291,000 Suburban Totals 1.5% 418,000 -150,000 Downtown (Mpls CBD) Annual Net Absorption as % of Office Universe Forecast Avg. Annual Net Absorption (SF) ( 2012-2014 ) A vg. Annual Net Absorption (SF) ( 2008-2011 ) Submarket Name
19. Retail Absorption REIS forecasts 2012 Absorption at 332,000 square feet, or 0.5% of Retail Universe of 66,184,664 square feet 0.66% 435,667 -351,000 Metro Area Totals Annual Net Absorption as % of Retail Universe Forecast Avg. Annual Net Absorption (SF) ( 2012-2014 ) A vg. Annual Net Absorption (SF) ( 2008-2011 ) Minneapolis/St. Paul M arket
25. Apartment Absorption REIS forecasts 2012 Absorption at 1,057 units, or 0.68% of Apartment Universe of 155,270 units 0.72% 1,122 1,559 Metro Area Totals Annual Net Absorption as % of Multi-family Universe Forecast Avg. Annual Net Absorption ( Units) ( 2012-2014 ) A vg. Annual Net Absorption ( Units ) ( 2008-2011 ) Minneapolis/St. Paul M arket
30. Industrial Absorption REIS forecasts 2012 Absorption at 1,528,000 square feet, or 1.3% of Industrial Universe of 112,256,490 square feet 1.88% 2,115,000 548,000 Metro Area Totals Annual Net Absorption as % of Industrial Universe Forecast Avg. Annual Net Absorption (SF) ( 2012-2014 ) A vg. Annual Net Absorption (SF) ( 2008-2011 ) Minneapolis/St. Paul M arket
32. 61 Offices in 33 States Over 900 Consultants & Advisors 160+ MAIs Company-Wide 42 FRICS & 44 MRICS Integra Realty Resources Nation’s Largest Valuation and Counseling Firm
Editor's Notes
Comprehensive Real Estate Counseling and Valuation Services Integra Realty Resources, Inc. specializes in commercial real estate consulting and valuation assignments. IRR’s appraisers and counselors are among the most outstanding experts in their local markets and are located in 60 offices throughout the United States. IRR has more appraisers credentialed with the industry’s most prestigious designations, including 160+ MAI’s, 42 FRICS, and 44 MRICS.
CMBS Issuance 2007 $230.2 billion 2008 $12.1 billion 2009 $3.0 billion 2010 $10.4 billion 2011 See Estimates Below From Major Banks Barclays $25 - $50 billion Citi $25 - $41 billion
Moody’s / REAL CPI for Office Properties Past 12 Months: +4.4% From Peak: -33.4%
Moody’s / REAL CPI for Office Properties Past 12 Months: +4.4% From Peak: -33.4%
Moody’s / REAL CPI for Office Properties Past 12 Months: +4.4% From Peak: -33.4%
Moody’s / REAL CPI for Office Properties Past 12 Months: +4.4% From Peak: -33.4%