CBRE CAP RATE SURVEY

IN THIS ISSUE:
Overview
Office
Multihousing
Retail
Industrial
Hotels Hotel
Appendix
Retail Power Center | Eastern Region
Class A Class B Class C
Stabilized Trend* Stabilized Trend* Stabilized Trend*
Atlanta 7.25% - 7.75%
8.00% - 9.00%
10.00% - 12.00% ↓
Baltimore 6.75% - 8.00% ↓ 7.50% - 8.50%
8.00% - 10.00%
↓
Boston 6.50% - 7.00% I 7.25% - 8.00% ↓ 8.00% - 9.50%
Charlotte 7.00% - 7.50%
8.00% - 8.75% ↓ 9.00% - 10.00% ↓
Jacksonville 7.00% - 7.50% I 7.50% - 8.25%
8.00% - 11.00% I
Memphis 8.25% - 8.50% I 8.75% - 9.75% ↓ 9.50% - 11.50% ↓
Miami 6.50% - 7.25% I 7.00% - 7.75%
N/A N/A
↓
Nashville 7.00% - 7.50%
8.00% - 8.50%
9.00% - 9.50%
Orlando 7.00% - 7.50% I 7.50% - 8.25% I 8.00% - 11.00% I
Philadelphia 7.00% - 7.25% I 8.00% - 8.50%
9.00% - 10.50%
Pittsburgh 7.50% - 8.00% I 9.00% - 10.00%
Raleigh 6.50% - 7.50%
Tampa 7.00% - 7.50%
Washington, DC 6.75% - 8.00% ↓ 7.50% - 8.50%
* Compared to 1st half 2012
Atlanta
Baltimore
Boston
Charlotte
Jacksonville
Memphis
Miami
Nashville
Orlando
Philadelphia
Pittsburgh
Raleigh
Tampa
Washington, DC
↓
↓
↓
Decrease
Remain Flat
Increase
* 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.
I
I
I
↓
I
↓
I
10.00% - 11.00%
I
↓
7.50% - 8.75% ↓ 8.50% - 10.00% ↓
7.50% - 8.25%
8.00% - 11.00% N/A
CAP RATE FORECAST*
I
↓
8.00% - 10.00%
Class A Class B Class C
Stabilized Stabilized Stabilized
↓
I
I
↓
Cap Rate Survey
February 2013
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