CBRE CAP RATE SURVEY

IN THIS ISSUE:
Overview
Office
Multihousing
Retail
Industrial
Hotels Hotel
Appendix
Multihousing Suburban | Eastern Region
Class A Class B Class C
Stabilized Value-Add Stabilized Value-Add Stabilized Value-Add
Atlanta 5.25% - 5.75% 5.50% - 6.00% 5.75% - 6.25% 6.25% - 6.75% 7.25% - 7.75% 8.25% - 8.75%
Baltimore 4.50% - 5.00% 4.75% - 5.25% 5.75% - 6.25% 6.00% - 6.50% 6.50% - 7.00% 7.25% - 7.75%
Boston 4.25% - 5.25% 4.50% - 5.25% 5.25% - 5.50% 4.75% - 5.50% 6.50% - 6.75% 6.50% - 7.00%
Charlotte 5.00% - 5.50% 5.50% - 6.00% 5.50% - 6.00% 6.00% - 6.50% 7.00% - 7.50% 7.50% - 8.00%
Jacksonville 5.25% - 5.65% 6.00% - 6.50% 6.00% - 6.30% 7.00% - 7.25% 7.00% - 7.50% 9.25% - 9.75%
Memphis 5.75% - 6.50% 5.75% - 6.75% 6.75% - 7.75% 6.75% - 7.75% 9.00% + 9.00% +
Miami 4.50% - 4.75% 5.00% - 5.25% 5.00% - 5.50% 5.50% - 6.00% 6.25% - 6.75% 6.50% - 7.00%
Nashville 5.50% - 6.00% 5.75% - 6.25% 6.00% - 6.50% 6.50% - 7.00% 7.00% - 7.50% 7.50% - 8.00%
Orlando 5.00% - 5.75% 6.00% - 6.75% 5.75% - 6.50% 6.75% - 7.25% 6.50% - 7.50% 7.25% - 8.25%
Philadelphia 5.00% - 5.50% 5.00% - 5.50% 6.00% - 6.50% 6.25% - 6.75% 7.00% - 7.50% 7.50% - 8.00%
Pittsburgh 6.00% - 6.50% 6.50% - 7.00% 6.50% - 7.00% 7.00% - 7.50% 8.00% - 8.50% 8.50% - 9.00%
Raleigh 4.75% - 6.00% 6.00% - 6.50% 5.75% - 6.75% 6.75% - 7.50% 7.75% - 9.75% 9.75% - 10.50%
Tampa 5.25% - 5.75% 5.50% - 6.0% 5.75% - 6.25% 6.00% - 6.5% 6.25% - 6.75% 6.75% - 7.25%
Washington, DC 4.25% - 4.75% 4.50% - 5.00% 5.50% - 6.00% 6.00% - 6.50% 6.50% - 7.00% 7.25% - 7.75%
Atlanta
CAP RATE FORECAST*
Class A Class B Class C
Stabilized Value-Add Stabilized Value-Add Stabilized Value-Add
Baltimore N/A
Boston
Charlotte
Jacksonville
Memphis
Miami
Nashville
Orlando
Philadelphia
Pittsburgh
Raleigh
Tampa
Washington, DC N/A
* Cap Rate Forecast represents the CBRE professional’s opinion of where cap rates are likely to trend in 1st half of 2013 in their local market.
Decrease
Cap Rate Survey
Remain Flat
Increase
February 2013
>
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