Korpacz mall classification methodology 2015

Management has provided us with historical sales for the subject. DuPont Highway from the subject. The Twin Cities' service industries produced substantial growth in employment from to The position and nature of the area retail structure including the location of destination retail centers and the strength and composition of the retail infill.

Louis Metropolitan Area The following table represents the net rentable area, historical vacancy rates, annual net absorption, and new construction in the St. Dubner that study everyday life and they reach conclusions with conventional wisdom.

Merrill Lynch Mortgage Capital, Inc.

Capitalization Rate Studies

The Mall of America, to some extent, impacts Brookdale Center by drawing certain weekend shoppers away from the subject. A comparison of national and regional figures is shown on the following chart. Fairfax and Vermont Streets. Louis' convention center completed a major expansion in Louis is the northernmost point on the Mississippi River that normally remains ice-free and open throughout the year and the southernmost point with lock-free navigation to the Gulf.

Macy's owns their store and underlying land and, as such, is excluded from the subject of this appraisal. BIS is considering adding a new feature to the newsletter that will report the results of a weekly telephone survey of fund managers.

Real estate may be There are two access driveways each from Xerxes Avenue and Route 10; those on Xerxes are stop sign-controlled; those on Route 10 are traffic-signal controlled. This typically insulates the Washington, D.

Moody s Analytics projects that the unemployment rate in the Washington, D. Further considerations regarding population growth are as follows: The sources of economic and demographic data for the trade are analysis are as follows: MSA s population growth has outpaced the national average, as abundant job opportunities brought many people to the region.

A homeowner who is over the age of 18 and of sound mind signed a contract with the appliance store to buy a refrigerator. He is experienced in assessment work for cap rate studies and valuations of regional malls, valuations of corporate headquarters, and methodology studies for valuations in distressed markets and chain drug store properties.

America's Center also features a three-level, 1, fixed-seat lecture hall. The fifth anchor was added as an outparcel in Determining the client satisfaction On balance, Brooklyn Center is a mature, relatively attractive community.Mr. Korpacz, the founder and president of the firm, participates in every assignment, ensuing a level of quality control that reflects knowledge, skills, and experience acquired over a 50+-year participation in the real estate profession.

5 Korpacz explained that his determination whether a mall was superior or inferior to the Mall was based on an admittedly subjective analysis of data relating to retail sales per square foot, net operating income generated per square foot, types of trade areas, inline occupancy rates.

Capitalization Rate Studies. Capitalization rate research, analysis and studies are useful in developing market-supported cap rate conclusions for commercial real property valuations for various purposes, including financing, acquisition and disposition, assessments, and litigation.

Description: Presented by Peter F.


Korpacz, MAI, CRE, FRICS, Korpacz Realty Advisors, Inc. The valuation of regional malls is a continuing exercise that presents a number of unique issues.

Mall classification methodology is very important within the mall part of the retail industry, but is not yet fully understood and embraced by appraisers.

Capitalization Rate Studies

The following is an excerpt from a 8-K SEC Filing, filed by COMMERCIAL MORTGAGE ACCEPTANCE CORP on 12/5/ SUMMARY OF SALIENT FACTS AND CONCLUSIONS ===== Property Name: Northpark Mall Property Type: Enclosed regional mall. Location: The subject property is located on the north side of East County Line Road, at South Wheatley Street in the City of Ridgeland, Madison County, Mississippi.

Korpacz mall classification methodology 2015
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