by Ted Carter Published: April 3,2011
Regions Plaza fills 50,000 square feet in lease with state A signing of a lease by the State of Mississippi for more than 50,000 square feet in the half-empty Regions Plaza building last Friday gave downtown Jackson’s office market just the break it had wanted. The new tenants are the Mississippi State Personnel Board and [...] [...]
by Ted Carter Published: March 6,2011
Tags: John Barton, John Michael Holtmann, Michelle Burford, Stewart Speed
Two major challenges stand in the way of bringing a balance to metro Jackson’s office market: 200 Renaissance and Regions Plaza. Filling up a greater portion of the vast empty spaces in each would stabilize rates market-wide and restore an equilibrium not seen for several years, says John Barton, senior vice president and senior asset [...] [...]
by Ted Carter Published: February 27,2011
Metro Jackson’s office market enters 2011 with more empty space than filled, though the regional director of a firm that surveys the local market quarterly says tenant expansions are now more likely than contractions. “We think the contractions have stopped,” said John Barton, senior vice president and senior asset manager for Parkway Properties, a national [...] [...]
by Ted Carter Published: February 6,2011
Tags: Brian Estes, Dollar General, Dollar Tree, Family Dollar, John Michael Holtmann, Justin Davis
Admit it, you’ve said it after seeing a “Grand Opening” sign draped over a store awning: “Another day, another dollar (store).” What may have escaped your notice is that some of the new deep discount stores are getting a bit larger and showing up in more affluent locales. They’ve moved well beyond the retailing of [...] [...]
by Ted Carter Published: December 5,2010
Tenants shuffling around in search of long-term, attractive lease deals Metro Jackson’s office tenants are tending to stay put but are seeing a lot of “value alternatives,” a term the leasing trade applies to affordable opportunities to upgrade to a better space or move to larger quarters. Those value alternatives have to come in mighty [...] [...]
by Ted Carter Published: December 5,2010
Combined average rate drop of 10 cents leaves Metro landlords hoping the bottom has been reached Downtown’s Central Business District and the Highland Colony submarkets kept metro Jackson from achieving positive net absorption of office space in the third quarter, though more than a quarter million square feet counted in the downtown survey is not being [...] [...]
by Ted Carter Published: November 14,2010
Tags: Best Buy, Dick’s Sporting Goods, Duckworth Realty, John Michael Holtmann, Justin Davis, Penneys, Robert Flowers, Ron Farris, Stein Mart, TJ Max
National retailers wagering they can lure Jackson shoppers to new and backfilled stores in Metro The recession’s retail casualties have left behind a lot of empty buildings around the country, giving surviving retailers a wide choice of vacant space. Considering what’s out there, it shows confidence in metro Jackson’s upside that the nationals are betting [...] [...]
Loading ...
