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Residential Case Study. Determine the current and future excess or shortage of apartment units in the city of Minnetonka, MN assuming the following: 24% of all households rent apartments 3% vacancy is a considered to be a balanced market
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Residential Case Study Determine the current and future excess or shortage of apartment units in the city of Minnetonka, MN assuming the following: • 24% of all households rent apartments • 3% vacancy is a considered to be a balanced market • 55% of all households are in the targeted income demographic for apartment renters • 3,100 total apartment units currently exist in the market • 250 new units are expected to be delivered • 50 existing units are expected to be demolished
Office Case Study Determine the current and future excess or shortage of office space in the West Raleigh, NC submarket assuming the following: • 65% of all workers in the market use office space • On average, each office worker requires 250 RSF of space • Since this is a large submarket attracting many commuters from outside of the area, the estimated capture rate is 150% • Your analysis is for the 100% of the market (all classes of space) • 10% vacancy is a considered to be a balanced market • There are currently 10,557,000 RSF of existing office inventory with no planned deliveries or demolitions
Retail Case Study Determine the current and future excess or shortage of retail space in the Mission Valley area of San Diego, CA assuming the following: • 35% of all future expenditures are expected to be spent on retail goods and services • Your analysis is for the 100% of the retail market (all classes & types) • There is an assumed net leakage of 5% of sales outside of the primary and secondary trade areas • The current total retail sales requirement for all categories is $90/GLA/Yr. and the future estimate is $100/GLA/Yr. • 4% vacancy is a considered to be a balanced market • There is currently 5,735,000 GLA of existing retail inventory • Forecasted new deliveries equal 250,000 GLA