by Ann Withanee — January 14, 2011—Integra Realty Resources, Inc. (Integra) has released its 2011 IRR-Viewpoint, the industry’s annual compendium of real estate valuation, trends and forecasts.
This year’s report provides data and analysis on local, national and international market conditions for nine industry sectors, including office, retail, multifamily, industrial, lodging, and green building properties throughout the United States, Mexico, Japan and Canada.
“It is no secret that the last year has been challenging for the commercial real estate industry,” said Anthony S. Graziano, MAI, CRE, FRICS, Chairman of the Board. “Most areas of the real estate and financing industries are still struggling to recover from the recession. The high unemployment rate and difficulty obtaining financing will continue to limit the ability of the industry to fully recover for the foreseeable future.
“On the other hand,” he said, “there are signs of life in commercial real estate. Transaction volumes are up, and cap rates reported by our offices are slightly lower. Integra professionals are reporting a segmenting of the markets as a major theme as we look toward 2011. The best Class A properties are getting the tenants, buyers and financing, but much of the industry is still struggling in these areas.”
The full 2011 IRR-Viewpoint report includes 60 market breakdowns and in-depth analyses for Japan, Canada, Mexico, and the seniors housing, green building, self-storage and gaming sectors.
Additional resources included are documented methodology, 25 graphs and 17 tables, also available for free download.
