Indy Metro Investment Criteria 2Q 2008
Source is Real Estate Research Corporation, respondant data.
| Indianapolis | |||||||||
| 2Q 2008 | |||||||||
| Indianapolis Investment Criteria | |||||||||
| Pre-Tax Yield (%) | Going-In Cap Rate (%) | Terminal Cap Rate (%) | |||||||
| RERC Estimate |
Midwest Region |
US | RERC Estimate |
Midwest Region |
US | RERC Estimate |
Midwest Region |
US | |
| CBD | 9.3 | 9.5 | 8.8 | 7.5 | 7.9 | 7.3 | 8.3 | 8.7 | 7.9 |
| Suburban | 9.5 | 9.9 | 9.2 | 8.0 | 8.1 | 7.5 | 8.4 | 8.6 | 8.1 |
| Warehouse | 9.1 | 9.5 | 9.1 | 7.7 | 8.2 | 7.5 | 8.1 | 8.5 | 8.1 |
| R&D | 9.3 | 9.8 | 9.4 | 8.0 | 8.4 | 7.8 | 8.4 | 8.8 | 8.5 |
| Flex | 9.2 | 9.7 | 9.3 | 7.9 | 8.3 | 7.7 | 8.3 | 8.8 | 8.3 |
| Regional Mall | 8.9 | 9.2 | 8.8 | 7.2 | 7.6 | 7.2 | 7.9 | 8.4 | 7.9 |
| Power Center | 9.2 | 9.3 | 8.9 | 7.7 | 7.9 | 7.4 | 8.3 | 8.5 | 8.1 |
| Neigh/Comm. | 9.2 | 9.3 | 9.1 | 7.8 | 8.2 | 7.6 | 8.4 | 8.7 | 8.3 |
| Apartment | 8.8 | 8.7 | 8.7 | 6.9 | 7.2 | 6.8 | 7.6 | 7.9 | 7.5 |
| Hotel | 10.2 | 10.3 | 10.5 | 8.3 | 8.6 | 8.6 | 9.1 | 9.4 | 9.3 |
| Average | 9.3 | 9.5 | No Data | 7.7 | 8.0 | No Data | 8.3 | 8.6 | No Data |
Wow, look at the Apartment estimate falling both nationally and locally!
