Eliza Theiss
Eliza Theiss is a senior writer reporting real estate trends in the US. Her work has been cited by CBS News, Curbed, The Los Angeles Times, and Forbes among others. With an academic background in journalism, Eliza has been covering real estate since 2012. Before joining PropertyShark, Eliza was an associate editor at Multi-Housing News and Commercial Property Executive. She has also contributed extensively to CommercialEdge. Reach her at [email protected]
Tourism’s Power a Draw in Orlando
The metro is one of the fastest-growing employment markets in the country. An expanding young workforce—drawn by the area’s high quality of life and live-work-play options—is fueling demand.
Positive Momentum in Atlanta
A rapidly rising population is adding to the city’s congestion issues, but also fostering demand for apartments and pushing rents higher. Rents were up 2.9 percent to $1,108 as of May, and Yardi Matrix forecasts a 3.5 percent increase in 2017.
CV Acquires Charlotte Data Center for $16M
The asset features a desirable location for data center operations, due to the site’s low energy costs, abundant and reliable power and ease of accessibility.
Rapid Growth in Raleigh-Durham
The metro continues to appeal to investors who are being priced out or struggling to find high acquisition yields in major markets. The combination of job and population growth has generated a strong demand for apartments, with average rents reaching $1,075.
Jernigan Capital Invests in Tampa Self-Storage Project
The facility will be located in an area of the metro with significant population growth and will be completed by the end of the second quarter of 2018.
JLL Closes Tampa Industrial Sale
The sale comes just after a lease JLL secured at the property brought the state-of-the-art, cross-dock facility to full occupancy.
Carter Validus Grabs Largest Data Center in Connecticut
In addition to the data center, the REIT bought four health care facilities in Illinois and Texas, the purchase price for all five properties being over $141 million.
Tourism Sparks Orlando’s Boom
The metro’s multifamily market is expanding rapidly as a result of its strengthening economic fundamentals. Investor demand is robust, with more than $2 billion in properties changing hands during each of the past two years.
Biotech Firm Inks 125 KSF Tampa Lease
Amgen plans to open its new Tampa location in late 2017.
DLR Group Signs Lease Renewal in Orlando
The newly renovated office will allow the firm to execute projects throughout Florida and contribute to the growth of the Orlando market.