| Midwest Transaction Breakdown 12-Month Trailing Averages (10/01/09 – 09/30/10) |
| |
Office |
Industrial |
Retail |
Apartment |
Hotel |
| < $2 Million Volume (Mil) |
$198 |
$376 |
$391 |
$121 |
$16 |
| |
|
|
|
|
|
| Size Weighted Avg. ($ per sf/unit) |
$59 |
$26 |
$62 |
$29,902 |
$17,802 |
| |
|
|
|
|
|
| Price Weighted Avg. ($ per sf/unit) |
$81 |
$41 |
$102 |
$41,646 |
$22,419 |
| |
|
|
|
|
|
| Median ($ per sf/unit) |
$63 |
$34 |
$63 |
$31,905 |
$18,081 |
| |
|
|
|
|
|
| $2 – $5 Million Volume (Mil) |
$143 |
$350 |
$297 |
$193 |
$45 |
| |
|
|
|
|
|
| Size Weighted Avg. ($ per sf/unit) |
$64 |
$31 |
$97 |
$28,107 |
$28,027 |
| |
|
|
|
|
|
| Price Weighted Avg. ($ per sf/unit) |
$121 |
$49 |
$195 |
$43,845 |
$36,407 |
| |
|
|
|
|
|
| Median ($ per sf/unit) |
$85 |
$41 |
$136 |
$36,002 |
$35,000 |
| |
|
|
|
|
|
| > $5 Million Volume (Mil) |
$3,312 |
$1,311 |
$2,350 |
$1,452 |
$774 |
| |
|
|
|
|
|
| Size Weighted Avg. ($ per sf/unit) |
$146 |
$40 |
$169 |
$90,758 |
$121,548 |
| |
|
|
|
|
|
| Price Weighted Avg. ($ per sf/unit) |
$291 |
$84 |
$270 |
$173,755 |
$148,861 |
| |
|
|
|
|
|
| Median ($ per sf/unit) |
$119 |
$44 |
$158 |
$63,393 |
$111,512 |
| |
|
|
|
|
|
| All Transactions Volume (Mil) |
$3,652 |
$2,037 |
$3,038 |
$1,766 |
$835 |
| |
|
|
|
|
|
| Size Weighted Avg. ($ per sf/unit) |
$129 |
$35 |
$130 |
$65,600 |
$94,214 |
| |
|
|
|
|
|
| Price Weighted Avg. ($ per sf/unit) |
$273 |
$70 |
$241 |
$150,478 |
$140,411 |
| |
|
|
|
|
|
| Median ($ per sf/unit) |
$71 |
$36 |
$80 |
$36,085 |
$52,134 |
| |
|
|
|
|
|
| Capitalization Rates |
|
|
|
|
|
| Range (%) |
6.2 – 9.7 |
6.8 – 11.0 |
6.7 – 10.00 |
5.0 – 10.1 |
- |
| |
|
|
|
|
|
| Weighted Avg. (%) |
6.9 |
8.8 |
8 |
6.4 |
- |
| |
|
|
|
|
|
| Median (%) |
8.5 |
9 |
7.9 |
8 |
|
| |
|
|
|
|
|
| Source: RERC. |
|
|
|
|
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