2011 mid year blue book

Blue BookColdwell Banker Commercial2011Mid Year Market Review

The CBC® Blue Book offers a unique market perspective with data generated by true commercial real estate market experts – the professionals of the Coldwell Banker Commercial companies within the local markets. In total, the Blue Book contains over 80 North American markets.

The Blue Book highlights one of the strengths of the Coldwell Banker Commercial organization: our national footprint.

The CBC organization’s strong local market coverage combined with our global reach helps our clients obtain real-time market information in order to make informed real estate decisions.

Sources of Information

Each market information comes from the CBC affi liate listed as the contact. Information is deemed from sources considered reliable. Various sources of the data include but are not limited to: CoStar, Reis and LoopNet. Demographic information was pulled from EASI Demographics. A Core Based Statistical Area (CBSA) is a U.S. geographic area defi ned by the Offi ce of Management and Budget (OMB) based around an urban center of at least 10,000 people and adjacent areas that are socioeconomically tied to the urban center by commuting. Unemployment numbers were taken from Bureau of Labor Statistics.

About the CBC® Blue Book

AL - Dothan, Houston County 2AL - Montgomery County 2AR - Hot Springs 3AR - Little Rock 3CA - Inland Empire/Victor Valley 4CA - Los Angeles 4CA - Los Angeles, Westside 5CA - Modesto, Stanislaus County 5CA - Northern California/Bay area 6CA - Orange County 6CA - Redding 7CA - Sacramento 7CA - Temecula 8CA - San Fernando/San Gabriel Valley 8CO - Mesa County 9CO - Southwest 9FL - Daytona Beach-Ormond Beach 10FL - Florida Keys 10FL - Jacksonville 11FL - Lakeland-Winter Haven 11FL - Orlando 12FL - Port St. Lucie 12FL - Sarasota, Manatee, Charlotte Counties 13FL - South 13FL - Southwest 14GA - Athens 14GA - Atlanta 15GA - Atlanta Greater MSA 15GA - Dalton, Whitfi eld County 16GA - Savannah 16ID - Boise 17ID - Coeur d’Alene 17IL - Bloomington-Normal, McLean County 18IL - Champaign County 18IL - Chicago 19IL - Chicagoland 19IN - Delaware County 20KS - Kansas City Metro Area 20KY - Bowling Green 21KY - Louisville, Lexington & Elizabethtown 21LA - Lafayette 22LA - New Orleans 22

ME - Midcoast Region 23MN - Mankato 23MN - Minneapolis Metro 24MO - St. Louis Metro 24MT - Billings Metro 25NC - New Hanover County 25NC - Raleigh 26NE - Lincoln 26NJ - Cape May County 27NJ - Northern 27NM - Albuquerque 28NV - Carson City 28NV - Reno/Sparks 29NY - Albany 29NY - New York City 30ON - Greater Toronto Area 30OR - Portland 31OR - Salem 31PA - Northeastern 32PA - Southwestern Region 32SC - Charleston Metro 33SC - Columbia 33SC - Greenville/Spartanburg 34TN - Knoxville/East Tennessee 34TN - Metro Chattanooga, TN-GA 35TX - Austin 35TX - Brenham 36TX - Bryan-College Station 36TX - Fort Worth 37TX - Houston 37TX - Lubbock 38TX - San Antonio 38TX - South Central 39TX - Victoria County 39UT - Salt Lake County 40VA - Lynchburg 40WA - Clark County 41WA - Puyallup, Pierce County 41WA - South King County 42WA - Thurston County 42WI - Janesville/Beloit 43

Table of Contents

2

Market Highlights

• Medical industry growth continues to fuel the economy.

• College of Osteopathic Medicine to be constructed in southeast AL.

• Houston County continues as top Alabama county for out-shopping per capita.

• Publix opens third grocery store within one year.

• Cost of Living Index for Dothan one of the lowest in the nation.

• Last census showed significant population growth in city and county.

Offi ce Retail

Industrial Multi-Family

Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialAlfred Saliba Realty410 North Shady Ln.Dothan, AL 36303(334) 793-6600www.alfredsalibacommercial.com

CBSA Dothan, AL

Square Miles 1,718

Population 143,295

Households 57,785

Household Income

Average58,837

Employees (Total)

58,833

Unemployment 9.9%

Total Consumer Expenditure

$2,897,311

AL - Dothan, Houston County

Market Highlights

• According to a Moody’s Economy report, Montgomery ranks 32nd out of 387 U.S. metro areas in Employment Growth Rank projected for 2010-2015. Hyundai, Mobis, Hyundai Heavy, Kia, and expansion of the Mobile port have all contributed to this growth.

• Montgomery ranked #8 for Potential Job Growth in Forbes Magazine’s 2010 Best Places for Business and Careers.

• 200,000 SF Class A suburban former Colonial Headquarters lands its first major tenant since Colonial’s collapse. Hewlett Packard takes roughly 50,000 SF.

• Retirement System’s of Alabama (RSA’s) new 400,000 SF Class A downtown building lands key tenant with BB&T taking signage rights and 11,000 SF. Office competition with RSA having State money to spend remains fierce.

• Former class B Regions CBD Buildings enter the market for sale with little occupancy.

• Class A CBD, former Colonial Financial Center (prior to Headquarters) back on the market- for sale with about 70% occupancy.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialMoore Company Realty121 Coosa St. Suite 250Montgomery, AL 36104(334) 262-1958www.cbcmcr.com

CBSAMontgomery, AL

Square Miles 2,725

Population 367,157

Households 147,017

Household Income

Average68,657

Employees (Total)

144,160

Unemployment 10.5%


$7,403,292

AL - Montgomery County

3

Market Highlights

• Construction is underway for a new Children’s Dental Clinic and a Medical Clinic adjacent to a major healthcare facility.

• A sales tax election will be held in October to fund a new $45M county jail.

• New tenants in the area include Ross Dress, Newk’s Cafe, Home Goods and Logan’s Roadhouse.

• Sales volume of residential properties is down but prices have remained steady in the area.

• The unemployment rate has risen slightly to 8.4%. Enrollment at the community college has increased this year.

• Local economy centers on tourism - the state’s largest convention center continues to increase scheduled events.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialRPM401 Section Line Rd.Hot Springs, AR 71913(501) 520-4000www.cbcrpm.com

CBSA Hot Springs, AR

Square Miles 677

Population 98,888

Households 43,175

Household Income

Average56,350

Employees (Total)

32,750

Unemployment 8.4%


$2,214,734

AR - Hot Springs

Market Highlights

• 150,000 SF headquarters campus for Southwest Power Pool nears its Q2 2012 completion.

• Baptist Health joins medical migration to suburbs with 20 acre site acquisition.

• Super Target opens to anchor Park Ave. Mixed-use development in Midtown; Residential and Restaurant components to follow, as well as more Retail Stores.

• Three market-rate Apartment developments announced in mid-2011.

• 280,000 SF Shackleford Crossings lifestyle center sells out of foreclosure for $40M+.

• Nike and Apple stores join tenant roster at upscale Promenade at Chenal.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialHathaway Group2100 Riverdale Rd. Suite 100Little Rock, AR 72202(501) 663-5400www.hathawaygroup.com

CBSA

Little Rock-North Little Rock-Conway, AR

Square Miles 4,090

Population 690,456

Households 276,042

Household Income

Average71,848

Employees (Total)

290,765

Unemployment 7.5%


$14,773,932

AR - Little Rock

4

Market Highlights

• 65.4% increase in commercial sales and leasing volume in market area Q2 2011 over Q2 2010.

• Increase in land acquisition by builders and developers.

• Increased demand for agricultural land.

• Two Super Wal-Marts held ground-breaking ceremonies with three additional planned for construction in 2012.

• Multi-Family average sales price PSF increased 15% Q2 - 2011 over Q1 - 2011.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialReal Estate Solutions15500 W Sand St., 2nd FloorVictorville, CA 92392(760) 684-8000www.CBCdesert.com

CBSARiverside-San Bernardino-Ontario, CA

Square Miles 27,260

Population 4,171,856

Households 1,350,253

Household Income

Average67,386

Employees (Total)

1,156,307

Unemployment 14.2%


$74,545,969

CA - Inland Empire/Victor Valley

Market Highlights

• Stronger property sectors are: Apartments, Medical Office, and Industrial.

• Retail and Office continue with spotty rental weakness.

• Latest Wall Street and Washington announcements cause many to hit the “pause” button.

• Investors have cash, but are not sure if we are yet at the bottom.

• Not much observable growth (positive absorption minimal).

• Unlike 2008, there is more resiliency (and a bit more optimism).

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialWESTMAC1515 Sepulveda Blvd.Los Angeles, CA 90025(310) 478-7700www.westmac.com

CBSALos Angeles-Long Beach-Santa Ana, CA

Square Miles 4,850



Household Income

Average87,517

Employees (Total)

5,313,010

Unemployment 11.6%


$247,828,803

CA - Los Angeles

5

Market Highlights

• Google leases 100,000 SF in Venice to house hundreds of employees.

• Multi-Family market very competitive in “A” areas.

• Demand is high for quality assets in quality areas.

• Demand is high for 100+ Apartment units.

• Residential and Mixed-Use developers hunt for prime land.

• Investment money all chasing the same product.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Los Angeles11999 San Vicente Blvd. Suite 100Los Angeles, CA 90049(310) 979-4990www.cbcworldwide.com


Square Miles 4,850



Household Income

Average87,517

Employees (Total)

5,313,010

Unemployment 11.6%


$247,828,803

CA - Los Angeles, Westside

Market Highlights

• Stanislaus County is located in the Central Valley. It’s county seat is Modesto, which is where many people in the surrounding areas shop.

• The major industry is AG-related, employing approximately 18,000 people or 11.3% of a total of 160,000 people who are employed. Unemployment varies based on the fact that most of the AG jobs are seasonal.

• Shopping areas that are well located have been attracting new tenants with some major remodeling. Due to lack of new construction, the vacant space has been absorbed as needs arise. Kaiser Permanente built a major hospital complex with Memorial Hospital making a major expansion.

• Major layoffs in government sector based on tax assessments being lowered by a downturn in real estate values. Leveling out has occurred and all are hoping real estate prices will start to rise in 2012. This will only come if the unemployment in the area starts to decline.

• Office and Retail are improving in good centers and locations.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialVinson Chase, Realtors220-A Standiford Ave.Modesto, CA 95350(209) 577-2121www.cbcworldwide.com

CBSA Modesto, CA

Square Miles 1,494

Population 517,685

Households 165,312

Household Income

Average62,281

Employees (Total)

160,100

Unemployment 17.2%


$9,093,539

CA - Modesto, Stanislaus County

6

Market Highlights

• Apple Inc. has expanded their presence in the area.

• Tesla, the electric car company, has opened a retail location in Santa Row, San Jose as well as taking over the Nummi plant in Fremont.

• In general, new construction still remains slow but two new Multi-Family projects have been completed.

• Due to the current economy, the number of short sales has risen as well the REA properties in general.

• Since the Bay Area is a high-tech market, the stock market does have a significant effect on market changes. The Bay Area is a leader in green technology and is benefitting from government support/funding.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialBay20490 Los Gatos Rd.Saratoga, CA 95070(408) 835-7030www.cbcworldwide.com

CBSASan Jose-Sunnyvale, Santa Clara, CA

Square Miles 2,680


Households 628,862

Household Income

Average122,345

Employees (Total)

895,978

Unemployment 10.5%


$42,651,616

CA - Northern California/Bay area

Market Highlights

• Irvine Company building a 380,000 SF build-to-suit for PIMCO in Newport Beach.

• Office market is still out but Retail and Industrial are showing signs of tightening.

• Very little new commercial construction except Multi-Family.

• Residential absorption is still way off and market is flat.

• Trophy properties are being snapped up, while B,C and D types are still sitting.

• The Orange County market has shown signs of stabilization in the commercial arena. There has not been a lot of new tenants or buyers entering the market just yet.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT - Newport Beach4 San Joaquin Plz Suite 260Newport Beach, CA 92660(949) 644-1600www.cbcworldwide.com


Square Miles 4,850



Household Income

Average87,517

Employees (Total)

5,313,010

Unemployment 11.6%


$247,828,803

CA - Orange County

7

Market Highlights

• Stillwater Business Park has 100+ acres in escrow.

• Multi-Family market is strong.

• Government leases dominating the office sector.

• Industrial activity is generally sluggish.

• Unemployment rate stuck at 15%.

• Commercial foreclosures keeping downward pressure on values.

• Overall health of the market is better than last year, but fundamental problems persist. High unemployment and slow housing market are keeping offices vacant (i.e. fewer title companies, loan offices, etc). 3 of the market’s 4 largest industrial buildings have been foreclosed (and remain vacant).

• Retail has turned for the better with a nearly 3% drop in vacancy in 12 months. Multi-Family occupancy levels have remained stable and rents are rising, making this a safe-haven investment alternative. Financing remains difficult to obtain, but much improved over last year.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialC&C Properties2155 Larkspur Ln.Redding, CA 96002(530) 222-2011www.cbcnorthstate.com

CBSA Redding, CA

Square Miles 3,785

Population 181,457

Households 71,491

Household Income

Average60,230

Employees (Total)

53,468

Unemployment 15.0%


$3,836,110

CA - Redding

Market Highlights

• Prime Residential sold the 612-unit Multi-Family property Slate Creek at Johnson Ranch in north suburban Roseville, for $76.5 million.

• KBS Capital Advisors paid Opus West Corporation $47.4 million ($206 PSF) for 230,000 SF of Office in Gateway Corporate Center Buildings A and B.

• HomeGoods and a Jo-Ann Fabrics and Craft stores, have signed on for a combined total of 45,590 SF, partially filling a former Mervyn’s space at Folsom Square.

• The Promenade at Sacramento Gateway has landed Bed Bath & Beyond to fill a 28,000 SF anchor space.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT - Sacramento730 Alhambra Blvd.Sacramento, CA 95816(916) 447-5900www.cbcworldwide.com

CBSASacramento--Arden-Arcade--Roseville, CA

Square Miles 5,094


Households 801,834

Household Income

Average77,526

Employees (Total)

727,825

Unemployment 12.3%


$46,256,089

CA - Sacramento

8

Market Highlights

• There has been a slight drop in office vacancy rates (19.7% from 19.4%).

• Average Office lease rates increased from $1.517 to $1.525

• Industrial vacancy rates decreased from 9.8% - 9.3%

• Industrial lease rates declined from $0.478 to $0.475

• Industrial lease rates have slid for 11 of the last 12 quarters.

• There has been a slight increase in Retail vacancy from 9.6% – 10.1%

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSudweeks Group27708 Jefferson Ave. Suite 201Temecula, CA 92591(951) 200-7683www.cbcsuds.com

CBSARiverside-San Bernardino-Ontario, CA

Square Miles 27,260



Household Income

Average67,386

Employees (Total)

1,156,307

Unemployment 10.4%


$74,545,969

CA - Temecula

Market Highlights

• Major tenants moving in: 99 Cents Stores - 622,000 SF; Nova Inc. - 259,000 SF, and Phoenix Warehouse 22,000 SF.

• No new speculation development because of a 16.2% office vacancy rate.

• Green Dot, an expansion of a credit card company, may lease 110,000 SF of Office space.

• Many companies want to move to or remain in Pasadena because it has international name identification and superb retail amenities.

• There has been a slight improvement in the market due to increased optimism.

• Port activity continues to drop.

• Medical and social media companies are expanding.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNorth County801 N. Brand Blvd. Suite 180Glendale, CA 91203(818) 334-1900www.cbcnco.com


Square Miles 4,850



Household Income

Average87,517

Employees (Total)

5,313,010

Unemployment 11.6%


$247,828,803

CA - San Fernando/San Gabriel Valley

9

Market Highlights

• New major tenant moving into the market: Energy Capital of Western Colorado.

• Retail continues to roll.

• Residential market finding a floor.

• This wonderful community is working to ease business regulation and providing incentives for large employers to both grow and locate here.

• Uranium, coal and natural gas exploration expands.

• Local wineries had a banner year.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialPrime Properties, LLC550 Patterson Rd. Suite BGrand Junction, CO 81506(970) 243-7375www.grandjunctioncommercial.com

CBSAGrand Junction, CO

Square Miles 3,328

Population 148,298

Households 60,317

Household Income

Average61,730

Employees (Total)

54,564

Unemployment 10.3%


$3,278,410

CO - Mesa County

Market Highlights

• T.J. Maxx to open in Durango.

• Downtown vacancies are decreasing.

• Residential market showing significant improvement.

• New construction still lagging but more business inquires occurring and a few large projects are on the horizon.

• Gas exploration is still an economic driver.

• The number of airlines serving the area has increased, making Durango an easier and more economical destination for business and visitors. This includes several United and Frontier flights to Denver Daily, as well as American Eagle flights to Dallas.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialHeritage House Realtors785 Main Ave.Durango, Colorado 81301(970) 259-3333www.realestatedurango.com

CBSA Durango, CO

Square Miles 1,692

Population 51,899

Households 21,722

Household Income

Average76,152

Employees (Total)

21,431

Unemployment 7.5%


$1,253,117

CO - Southwest

10

Market Highlights

• ARK Technology and OEM Auto Parts are using a fully-computerized CNC operation with 40 employees and new 45,000 SF manufacturing facility.

• Five major universities, two of the top 10 high schools in the nation, and the third best school district in the southeast, are located in Volusia County.

• Daytona Beach Live, 76,000 SF Office Complex for NASCAR and the Daytona Speedway World Center of Racing, home of the Daytona 500 has recently been developed.

• Two brand new hospitals built. One had the first robotic surgery performed in the U.S., the other has the newest oncology center. Both hospitals represent 1,221 new beds in the area.

• A new business incubator that is part of the University of Central Florida, is now open, and has a number one ranking in the nation for this type of program

• 28 miles of beachfront with 15 miles in a core Resort-Hospitality related industry that has the infrastructure in place as well as pricing for the next movement in the market. The Resort-Vacation-Hospitality industry is up over last year to date.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialBenchmark570 Memorial Cir. Suite 300Ormond Beach, FL 32174(386) 672-8530www.cbcbenchmark.com

CBSA

Deltona-Daytona Beach-Ormond Beach, FL

Square Miles 1,103

Population 495,625

Households 214,567

Household Income

Average62,419

Employees (Total)

146,482

Unemployment 11.0%


$11,430,585

FL - Daytona Beach-Ormond Beach

Market Highlights

• Walgreens, Dollar Tree, Mattress Firm are expanding or entering the market.

• Vacancy is falling due to increased demand.

• New Walgreens and Holiday Inn Express in the market.

• Prices are rising and inventory is falling; only about 10% of which is distressed.

• Tourism is a major local industry and hospitality enjoys the highest ADR & occupancy in the state.

• Significant development restrictions create high barriers to entry.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSchmitt Real Estate Company11050 Overseas HighwayMarathon, Florida 33050(305) 743-5181www.commercialfl oridakeys.com

CBSA Key West, FL

Square Miles 997

Population 73,047

Households 32,553

Household Income

Average98,489

Employees (Total)

29,685

Unemployment 7.0%


$1,953,037

FL - Florida Keys

11

Market Highlights

• The Jacksonville Port Authority is continuing negotiations to purchase 23 acres of property on Talleyrand Ave across from the Port HQ building. The purchase price is reported to be $2M and should close in October 2011.

• The St. Johns Town Center, consisting of 1.23M SF continues to attract new tenants to remain fully leased. The center will gain six new retailers this fall, and four of them are new to North East FL.

• Ashburg LLC purchased an 18,462 SF office building in Marsh Landing Office Park for $2.25M or about $122 PSF.

• The University of North Florida makes Number 19 on Forbes ‘Best Buy Colleges List.’ UNF ranked on the America’s Best Colleges 2011 list.

• The top three public company employers for 2011 in NE Florida are: CSX Corp., Winn-Dixie Stores Inc., & Fidelity National Financial Inc.

• Several tenants have moved into large blocks of space: PNC Bank - 57,865 SF and Fortegra Financial - 48,864 SF.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialBenchmark4348 Southpoint Blvd. Suite 310Jacksonville, FL 32216(904) 281-1990www.cbcbenchmark.com

CBSA Jacksonville, FL

Square Miles 3,221


Households 518,910

Household Income

Average76,866

Employees (Total)

551,254

Unemployment 10.3%


$28,590,862

FL - Jacksonville

Market Highlights

• Florida Southern College named “most beautiful campus in US” by Princenton Review.

• USF Poly starts construction on 172-acre campus at I-4 & Polk Parkway -- rumored to be re-branded as Florida’s 1st polytechnical university.

• Publix supermarkets announces 2nd quarter sales of $6.6 billion, a 9.7% increase, and first half sales of $13.4 billion, a 5.7% increase.

• Legoland Florida, which is scheduled to open October 15th -- hires 1,000 new employees.

• CSX intermodal (300+ acres) in south Winter Haven to begin construction later in 2011.

• Polk economy continues to lag. Brookings reports housing prices down 46.2% from peak.

• Lakeland-Winter Haven market has lagged the state, which has lagged the nation. This presents excellent buying opportunities. Owner/user financing is readily available at attractive rates.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSaunders Ralston Dantzler Realty114 N Tennessee Ave.Lakeland, FL 33801(866) 937-2246www.SRDcommercial.com

CBSALakeland - Winter Haven, FL

Square Miles 2,010

Population 599,564

Households 233,208

Household Income

Average55,323

Employees (Total)

239,100

Unemployment 11.7%


$12,107,983

FL - Lakeland-Winter Haven

12

Market Highlights

• Industrial and Office have improved over the first two quarters.

• Retail, while not improving, is at least flat.

• Office has 703,332 SF of new construction.

• More commercial REO properties are coming on the market.

• Commercial lending is beginning to return to normal.

• Interest in investment with commercial real estate is improving.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT-Maitland901 N Lake Destiny Dr. Suite 110Maitland, FL 32751(407) 539-1000www.cbcworldwide.com

CBSAOrlando, Kissimmee, FL

Square Miles 3,491


Households 799,047

Household Income

Average70,380

Employees (Total)

956,766

Unemployment 10.4%


$43,646,748

FL - Orlando

Market Highlights

• Two recent ten-year Retail leases signed this month in Port St. Lucie.

• Two contracts have been executed on vacant land for the first time in several years. One parcel for office in St. Lucie West, and the second will be retail on U.S. One in Stuart, adjacent to Wal-Mart.

• St. Lucie Economic Development Council is working on more deals than any time the in past five years. Several pharmaceutical companies want to locate near Torrey Pines and VGTI in Tradition in Port St. Lucie.

• New office buildings are gaining tenants. 60,000 SF have been absorbed in St. Lucie West since last fall.

• Small Retail locations are leasing at NNN rates between $7 PSF and $15 PSF.

• Several restaurant chains have expanded to Port St. Lucie.

• Flex space was overbuilt following 2004 hurricanes. The residential market is dead. Home prices are at 1999 levels. There are many start up businesses. Tenants are upgrading to better space within the city.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialNRT-Port St. Lucie1973 SW Savage Blvd.Port St Lucie, FL 34953(561) 995-7564www.cbcworldwide.com

CBSAPort St. Lucie, FL

Square Miles 1,128

Population 407,361

Households 169,340

Household Income

Average74,600

Employees (Total)

117,662

Unemployment 12.5%


$9,326,748

FL - Port St. Lucie

13

Market Highlights

• Office vacancy is on the rise.

• Office space is at negative absorption.

• Industrial lease rates and vacancy at a juxtaposition. Industrial seems to be the strongest market in this area, which reflects on more jobs.

• Retail is steady.

• Inventory for housing is at six months.

• In Sarasota and Manatee, the average time on the market for housing is from 18-22 months.

• Multi-Family is strong in this market.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Sarasota100 N Tamiami Trl.Sarasota, FL 34236(941) 925-8586www.cbcworldwide.com

CBSASarasota, Bradenton, Venice, FL

Square Miles 1,313

Population 689,676

Households 311,173

Household Income

Average79,698

Employees (Total)

230,801

Unemployment 10.9%


$17,718,836

FL - Sarasota, Manatee, Charlotte Counties

Market Highlights

• Multi-Family is the strongest sector of the market.

• Retail, Office, and Industrial vacancy rates are declining.

• Absorption is positive across all markets.

• Residential markets are improving in ASP and units.

• Foreign investment is increasing.

• Rental rates may have bottomed.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Boca Raton3837 NW Boca Raton Blvd. Suite 200Boca Raton, FL 33431(561) 479-1225www.cbcworldwide.com

CBSA

Miami-Fort Lauderdale-Pompano Beach, FL

Square Miles 5,126



Household Income

Average82,033

Employees (Total)

2,069,525

Unemployment 11.8%


$117,802,559

FL - South

14

Market Highlights

• Arthrex is expanding; buying 240,000 SF warehouse and building 120,000 SF manufacturing location.

• Vacancies slowly dropping.

• New construction of commercial product is almost non-existent until home construction picks up.

• Inventory is way down and sales are up.

• $1,000,000+ homes and condos are rising in price.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Naples550 Fifth Ave. SouthNaples, Florida 34102(239) 596-6130www.cbcworldwide.com

CBSANaples-Marco Island, FL

Square Miles 2,025

Population 320,101

Households 132,487

Household Income

Average118,854

Employees (Total)

115,960

Unemployment 11.3%


$8,298,345

FL - Southwest

Market Highlights

• According to University of Georgia President Michael Adams, UGA enrollment is at an all-time high and the class of 2015 is likely to be the largest freshman class in the school’s history.

• The University of Georgia and the Medical College of Georgia have partnered to establish an Athens campus that will be located on the 58-acre former U.S. Navy Supply Corps property in Athens, GA.

• Tripp Umbach, a medical education planning organization, estimates that at least $180 million will be invested commercially as a result of medical research growth in the Athens area.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialUpchurch Realty2405 W Broad St.Athens, Georgia 30606(706) 354-7870www.upchurchrealtycommercial.com

CBSAAthens-Clarke County, GA

Square Miles 1,031

Population 193,495

Households 77,486

Household Income

Average57,618

Employees (Total)

60,760

Unemployment 8.4%


3,833,666.80

GA - Athens

15

Market Highlights

• Clorox’s move out of 607,650 SF was the largest in the 2nd quarter.

• Office absorption totaled nearly 400,000 SF in the 2nd quarter.

• Cox Communication’s build-to-suits are the only significant buildings under second quarter construction.

• 15,000 to 40,000 SF move-ins included Agilysys, Kaiser Permanente, North American Electric Reliability Corporation, ThyssenKrupp IT and Turner Broadcasting.

• Office rental rates decreased for the 11th time in 12 quarters.

• Over the past four quarters, a total of 167,416 SF of Retail space has been built in Atlanta.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialMetro Brokers3575 Piedmont Rd. NE Piedmont Center Building 15, Suite 950Atlanta, GA 30305(678) 320-4800www.cbcworldwidemetro.com

CBSAAtlanta-Sandy Springs, Marietta, GA

Square Miles 8,376



Household Income

Average77,990

Employees (Total)

2,223,339

Unemployment 9.9%


$110,119,865

GA - Atlanta

Market Highlights

• Wells Fargo Bank signed a lease to occupy 38,197 SF, which included an expansion of 21,540 SF.

• Lack of supply and new construction in Multi-Family has pushed rents higher and vacancies lower.

• Retail has seen a net absorption of 134,000 SF.

• The first quarter of 2011 saw office building sales prices rise to $183 PSF, compared to the same period in 2010 at $143 PSF.

• The overall market continues to firm up with increased activity in most sectors.

• According to the National Association of Women Business Owners, Georgia/Atlanta ranks number one in percent growth in number, employment and sales for women-owned firms.

• The Atlanta MSA consists of 28 counties, over 7 million in population and includes the world’s busiest airport, superior intermodal connections making it the distribution hub for the southeast; Atlanta’s median household income is 13% higher than the national average.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT-Atlanta6285 Barfi eld Rd. Suite 100Atlanta, Georgia 30328(404) 705-1590www.cbcworldwide.com

CBSAAtlanta-Sandy Springs, Marietta, GA

Square Miles 8,376



Household Income

Average77,990

Employees (Total)

2,223,339

Unemployment 9.9%


$110,119,865

GA - Atlanta Greater MSA

16

Market Highlights

• Carbondale Business Park, a 184-acre public-owned Industrial/Commercial Park is under construction. Located just off I-75 with available lots from 3-50 acres with all utilities.

• XL Brands, LLC, a subsidiary of Textile Rubber Corp. is expanding its production and shipping capacity with the purchase of 16.3 acres in the Carbondale Business Park. Construction has already started on a new 122,000 SF facility.

• Engineered Floors, LLC., a carpet manufacturer, has purchased 52 acres in South Whitfield County to build a 211,000 SF facility with plans for future expansion.

• New Kohl’s opening Fall of 2011.

• Upscale Retail development sites available.

• Dalton State College contributed nearly $115 million into the regional economy according to the University System of Georgia.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialKinard Realty704 S Thornton Ave.Dalton, GA 30720(706) 226-1985www.cbcnorthgeorgia.com

CBSA Dalton, GA

Square Miles 634

Population 134,366

Households 46,872

Household Income

Average60,458

Employees (Total)

64,498

Unemployment 12.1%


$2,494,255

GA - Dalton, Whitfi eld County

Market Highlights

• Gulfstream Aerospace plans a $500 million expansion to add 1,000+ jobs to the market.

• 2011 Savannah Tourism Industry outpacing 2010 record year.

• Mitsubishi Power Systems growing faster than expected.

• Plans for river deepening in anticipation of Savannah Port Expansion.

• Savannah ranks as a Top 5 container port in the United States.

• JCB officially marks 65th anniversary as robust earnings are restored.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialPlatinum Partners128 Habersham St.Savannah, GA 31401(912) 232-7120www.cbcplatinum.com

CBSA Savannah, GA

Square Miles 1,359

Population 347,453

Households 130,609

Household Income

Average74,653

Employees (Total)

129,296

Unemployment 9.5%


$6,804,089

GA - Savannah

17

Market Highlights

• Major grocery store expansion in the Boise area is the top retail story for 2011. New to the market are Whole Foods and Rosauers Supermarkets. Fred Meyer and Wal-Mart continue to expand and generate a positive buzz throughout the community.

• A slight decline in overall vacancies is due to the increased activity among local, regional and national tenants.

• Government work led the pack with 37 new projects, including road and educational-related projects. Private construction increased this year with 27 new projects. Office/Retail dipped a bit with a total of 5 new projects.

• Housing prices continue to decline, with current median home sale prices below the 2005 level in all submarkets.

• The Boise area has seen modest improvements over the last year. Manufacturing has been performing well and services like Healthcare and Retail are starting to experience job growth.

• Unemployment is showing signs of stabilization.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Salt Lake City6550 South Millrock Dr., Suite 200Salt Lake City, UT 84121(801) 947-8300www.coldwellutah.com

CBSABoise City-Nampa, ID

Square Miles 11,788

Population 610,611

Households 224,823

Household Income

Average69,877

Employees (Total)

232,386

Unemployment 9.5%


$12,789,857

ID - Boise

Market Highlights

• Overall market is beginning to stabilize.

• Plenty of REO inventory.

• Leasing has picked up in 2011.

• Development is limited to build-to-suit activity.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSchneidmiller Realty2000 Northwest Blvd.Coeur d’Alene, ID 83814(208) 765-4300www.cbcsr.com

CBSACoeur d’Alene, ID

Square Miles 1,245

Population 140,628

Households 53,154

Household Income

Average62,733

Employees (Total)

49,226

Unemployment 10.5%


$2,933,601

ID - Coeur d’Alene

18

Market Highlights

• Forbes rates Bloomington-Normal #22 on the list of best small places for business and careers.

• Retail sales up over 3% in the first quarter.

• Both major healthcare organizations have building expansion projects underway.

• Mitsubishi Motors is adding a new car model to its production line, thus stabilizing employment.

• Campus housing development at Illinois State University is active.

• Heartland Community College purchased 100 acres for future growth.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialHeart of America Realtors802 S Eldorado Rd.Bloomington, IL 61704(309) 662-3377www.cbhoacommercial.com

CBSABloomington-Normal, IL

Square Miles 1,184

Population 168,918

Households 70,687

Household Income

Average73,184

Employees (Total)

69,980

Unemployment 7.0%


$4,038,011

IL - Bloomington-Normal, McLean County

Market Highlights

• Carle Hospital has begun work on a North tower expansion.

• The Office vacancy rate has begun to stabilize.

• New retailers have become more active looking for space.

• The developer of the UI Research Park has been awarded a contract extension for the next phase of the park.

• University Ave. streetscape improvements are underway.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialDevonshire Realty201 W Springfi eld Ave.Champaign, IL 61820(217) 352-7712www.cbcdr.com

CBSAChampaign-Urbana, IL

Square Miles 1,923

Population 227,494

Households 97,325

Household Income

Average61,774

Employees (Total)

80,156

Unemployment 8.6%


$5,136,400

IL - Champaign County

19

Market Highlights

• The Chicago Industrial market, which is one of the largest in the country; had several large lease transactions and several large tenants move out of their space. The largest lease was 3M for 650,000 SF, and Share Your Soles Foundation (300,000 SF) was the largest tenant moving out of their space.

• After two consecutive quarters of falling vacancies and increased absorption in Retail, Office and Industrial, there was an increase in vacancy in all three asset types, primarily in Industrial space. The Multi-Family market continued to remain strong with lower vacancies and higher rental rates.

• There has been virtually no new construction of Retail or Office space in 2011 and almost all of the new construction completed has been build-to-suits or pre-leased.

• The residential market has shifted. The rental market is very strong and sales of single family homes and condominiums continue to struggle. The value of homes have also continued to fall.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Northbrook2215 Sanders Rd. Suite 350Northbrook, IL 60062(847) 313-4646www.cbcnrtchicago.com

CBSAChicago, Naperville, Joliet, IL-IN-WI

Square Miles 7,212



Household Income

Average88,029

Employees (Total)

4,186,171

Unemployment 10.1%


$201,753,353

IL - Chicago

Market Highlights

• Chicago apartments posted a 5% or less vacancy rate.

• Retail, Multi-Family and Office construction has remained anemic for first half of 2011.

• In all property types, only a handful of new construction has been brought to market.

• The residential market continues to flounder through 2012.

• Location, Location, Location-holds very true within the Chicagoland market. Many high profile Office, Retail, Multi-Family and Industrial sales have taken place and for the most part have been well-located, and in areas with increasing job opportunities.

• According to many reliable sources, the Chicagoland market is seeing a light at the end of the tunnel, and most likely will be an extremely active and profitable market very soon.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT- Northbrook2215 Sanders Rd. Suite 350Northbrook, IL 60062(847) 313-4646www.cbcnrtchicago.com

CBSAChicago, Naperville, Joliet, IL-IN-WI

Square Miles 7,212



Household Income

Average88,029

Employees (Total)

4,186,171

Unemployment 10.1%


$201,753,353

IL - Chicagoland

20

Market Highlights

• Absorption of suburban Office space is positive.

• County Economic Development Arm building new Industrial shell building.

• IBM expands call center in Daleville, IN.

• Absorption of Industrial space is positive.

• Retail absorption is slow and rent rates decline slightly.

• Vacancy in CBD Office remains high. Rents are trending down.

• Overall activity has increased. Tenants and buyers are returning to the market to take advantage of depressed lease rates and prices.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialLunsford3601 W Bethel Ave.Muncie, IN 47304(765) 289-2228www.coldwellbankercommerciallunsford.com

CBSA Muncie, IN

Square Miles 393

Population 115,425

Households 48,625

Household Income

Average55,245

Employees (Total)

42,446

Unemployment 10.1%


2,493,688.50

IN - Delaware County

Market Highlights

• 60% of the nation’s animal-health research and commerce takes place within 100 miles of the Kansas City region.

• The Kansas City Metro Region consists of 15 counties with an estimated population of 2,332,148, and 8,696 square miles.

• The Kansas City Region has the nation’s largest Foreign Trade Zone.

• Non-residential building construction is up 52% over the same period last year in Johnson County, KS.

• Google is constructing new ultra high-speed digital communications in both Kansas City, KS and Kansas City, MO.

• Wyandotte County, KS is expecting over 300 million in commercial building permits in 2011.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialFishman & Company1948 E Santa Fe St.Olathe, KS 66062(913) 782-9000www.cbcfi shman.com

CBSAKansas City, MO-KS

Square Miles 8,696


Households 819,900

Household Income

Average75,785

Employees (Total)

914,989

Unemployment 8.5%


$46,391,185

KS - Kansas City Metro Area

21

Market Highlights

• The General Motors Corvette plant announced a $131 million expansion for its new Corvette model.

• Bowling Green is a top-five location for business and careers, according to Forbes Magazine.

• Bowling Green is a Top-Ranked Metro by Site Selection magazine.

• Residential market prices began to rise in the 2nd Quarter 2011.

• Residential home sales are up.

• Western Kentucky University is located in Bowling Green, KY.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialLegacy Real Estate Group2435 Fitzgerald Industrial Dr. Suite 102Bowling Green, KY 42104(270) 781-3844www.CBCLegacy.com

CBSABowling Green, KY

Square Miles 848

Population 121,646

Households 50,840

Household Income

Average61,970

Employees (Total)

50,727

Unemployment 8.4%


$2,689,729

KY - Bowling Green

Market Highlights

• Some new regional retailers have come to Louisville.

• Borders closed three stores in the area.

• Residential constructions is down.

• Office leasing is flat.

• Downtown arena (YUM Center) brings new buzz to downtown Louisville.

• Ford recently hired 1,800 workers for their two plants in the area.

• This market remains steady with some good employment news at Ford, a good Chamber of Commerce, a new basketball arena downtown and UPS as a major employer in the area.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialMcMahan Co.6402 Railroad Ave.Crestwood, Kentucky 40014(502) 241-8811www.cbmcmahan.com

CBSALouisville, Jefferson County, KY-IN

Square Miles 4,135


Households 506,857

Household Income

Average71,165

Employees (Total)

549,941

Unemployment 9.5%


$27,777,175

KY - Louisville, Lexington & Elizabethtown

22

Market Highlights

• Offshore oil drilling has resumed with several permits issued since the oil spill. Three offshore platforms have been lost to foreign markets, but the net effect has been positive.

• The BP Oil spill fund has helped in the recovery of the highly affected areas. The funding of the areas was the salvation for many small businesses, which otherwise would have been devastated.

• Very few substantial real estate deals were done because of the spill. Most real estate deals were short-term leases for over-market prices.

• The market has stabilized now and is in a normal growth cycle. There is a shortage of industrial buildings and no speculative commercial construction of any type in this market.

• Medical investment in new hospitals and renovations to existing medical facilities has been strong for the past 12 months. This growth in medical should continue for the next several years.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialPelican806 E St. Mary Blvd.Lafayette, LA 70503(337) 233-9541www.cbcpelican.com

CBSA Lafayette, LA

Square Miles 1,010

Population 264,966

Households 101,487

Household Income

Average72,004

Employees (Total)

139,997

Unemployment 8.1%


$5,316,929

LA - Lafayette

Market Highlights

• Ground broken on development of a $1.2 Billion 424-bed hospital just outside New Orleans. CBD to accommodate the region’s largest teaching hospital.

• Ground broken on development of a new regional Veterans Administration Hospital adjacent to the new University Medical Center.

• New Orleans Bio-Innovation Center open and operating upwards of 65,000 SF to provide space for start-up Bio-Tech Companies.

• Benson Tower: the area’s first LEED certified Office Tower in CBD is now open, adding 500,000 SF of class A inventory to the New Orleans Office market.

• 1,193-room Hyatt Regency to reopen on October 19, 2011. Provides over 200,000 SF of exhibition space, conference space, and nine restaurants; a monumental milestone in the post-Katrina recovery.

• RTA anticipates completing construction on expansion of street car line in New Orleans CBD to French Quarter. This is bringing more Retail, Hospitality, and Office development.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialTEC Realtors701 Loyola Ave. Suite 401New Orleans, LA 70150(504) 566-1777www.cbctec.com

CBSANew Orleans-Metairie, Kenner, LA

Square Miles 3,153


Households 469,474

Household Income

Average83,382

Employees (Total)

458,428

Unemployment 8.0%


$24,830,976

LA - New Orleans

23

Market Highlights

• Retail: Wal-Mart, Tractor Supply and a McDonald’s Restaurant plan to be opened in 2012.

• Vacancy rates continue to fall due to lack of inventory.

• Prices are experiencing a slight decrease, with an increase in the inventory of available single-family homes.

• Midcoast Maine continues to be discovered for its family lifestyle and growing economy.

• Midcoast Maine has long been a great area to work, play and raise a family.

• Unemployment in the area is well below the state and national averages.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSoundVest Properties147 Park St.Rockland, ME 04841(207) 596-7478www.soundvest.com

CBSA Rockland, ME

Square Miles 366

Population 40,753

Households 17,284

Household Income

Average65,601

Employees (Total)

15,971

Unemployment 7.8%


$956,887

ME - Midcoast Region

Market Highlights

• Coldwell Banker Commercial Fisher Group office recently leased 16,000 SF in the Mankato City Center to Mayo Clinic Health Systems. As a result, Office vacancy in the downtown area is considerably lower than in the past several years.

• Retail vacancy continues to be low due to a lack of over-development in our community prior to the recession.

• Coldwell Banker Commercial Fisher Group has been contracted to develop a 30,000 SF Industrial property for Volk Transfer.

• There has been an increase in quality investment property listings.

• Several larger Industrial properties have come on the market in 2011. This had previously been an area in which there were very few existing options for tenants/owners.

• Greater Mankato recently became an MSA. This designation will further establish the community as one of the key areas in which to locate a business in Minnesota.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialFisher Group1400 Madison Ave. Suite #616Mankato, Minnesota 56001(507) 625-4715www.cbcfi shergroup.com

CBSAMankato-North Mankato, MN

Square Miles 1,205

Population 93,650

Households 39,391

Household Income

Average63,447

Employees (Total)

49,122

Unemployment 5.9%


$2,158,743

MN - Mankato

24

Market Highlights

• Uline continues to move forward with plans to move its distribution facility from Eagan to a new 640,000 SF warehouse and Office building in Hudson, WI.

• Regency Centers closed on 125,000 SF Rockridge Center anchored by Cub Foods.

• Minneapolis Apartment rents continue to increase.

• Apartment and Grocery redevelopment making progress for downtown Jaguar site.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialGriffi n Companies615 First Ave NE, Suite 500Minneapolis, MN 55413(612) 338-2828www.cbcgriffi n.com

CBSA

Minneapolis-St. Paul, Bloomington, MN-WI

Square Miles 6,063



Household Income

Average89,359

Employees (Total)

1,695,892

Unemployment 6.9%


$77,327,395

MN - Minneapolis Metro

Market Highlights

• Office: Nestle Purina PetCare Co. is in the market for 100,000 SF.

• Industrial: Express Scripts is expanding into a new 200,000 SF building in the Northpark development.

• Nordstrom will open a 144,000 SF full-line store in the Saint Louis Galleria in Richmond Heights in September.

• Retail: American TV & Appliance closed its four local stores (each 140,000 SF), and Borders’ books closed three stores of 30,000 SF each and is liquidating its remaining six stores.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialCRA LLC8820 Ladue Rd., Suite 200St. Louis, MO 63124(314) 206-4600www.cbcstl.com

CBSA St. Louis, MO-IL

Square Miles 9,392



Household Income

Average74,314

Employees (Total)

1,261,660

Unemployment 9.0%


$61,986,258

MO - St. Louis Metro

25

Market Highlights

• Base economic drivers; Agriculture, Petroleum, Healthcare, Mining and Tourism are seeing moderate expansion.

• Area residential real estate has been impacted by national confidence factors but not local market factors.

• New commercial and residential construction is off of its 2006-2007 highs but has rebounded in the 1st half of 2011.

• Foreclosure activity has been minimal in both commercial and residential.

• Regional financing has increased moderately over 2010 levels.

• Transaction activity indicates further expansion in all commercial economic area sectors.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialThe Brokers1215 24th St. Suite 240Billings, MT 59102(406) 656-2001www.cbcmontana.com

CBSA Billings, MT

Square Miles 4,683

Population 155,673

Households 63,905

Household Income

Average68,486

Employees (Total)

69,806

Unemployment 6.1%


$3,565,123

MT - Billings Metro

Market Highlights

• Wachovia Mortgage vacates 90,000 SF.

• New 36,000 SF Office condo breaks ground.

• Office is still very sluggish with major concessions being offered. Some concessions are as high as 50%.

• Industrial is also weak, but there is a fair amount of activity. Distribution companies are the major players.

• Retail seems to be on the mend. A number of retailers are taking advantage of the low rates. The pressure on securing the lease is the number of fixed rate renewals that the tenant is demanding. Percentage rents are often non-existent or extremely low percentages.

Offi ce Retail


Demographics

Vacancy N/A

Absorption N/A

Rental Rates N/A

Vacancy N/A

Absorption N/A

Rental Rates N/A

Vacancy N/A

Absorption N/A

Rental Rates N/A

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialSun Coast Partners, LLC1430 Commonwealth Dr. Suite 102Wilmington, NC 28403(910) 350-1200 x5861www.cbcsuncoast.com

CBSA Wilmington, NC

Square Miles 1,924

Population 357,853

Households 151,270

Household Income

Average65,863

Employees (Total)

126,764

Unemployment 10.4%


$8,055,986

NC - New Hanover County

26

Market Highlights

• Many office tenants upgrading from B to A space, creating absorption in A class.

• Flex space vacancy dropped for the first time in several quarters from 18% to 17.25%.

• There is little to no commercial construction in the Triangle region; only one small office building, and two medical projects.

• One shopping center of 275,000 GLA under construction.

• Downtown Raleigh remains strongest submarket.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialTradeMark Properties1001 Wade Ave. Suite 300Raleigh, NC 27605(919) 782-5552www.cbctmp.com

CBSARaleigh-Cary, NC

Square Miles 2,116


Households 452,721

Household Income

Average78,408

Employees (Total)

441,442

Unemployment 8.5%


$25,677,307

NC - Raleigh

Market Highlights

• Retail and Office market moving in a positive direction.

• National retailers are expanding to Lincoln: Trader Joe’s, and The Vitamin Shoppe.

• New construction includes Nebraska Technology Park, (a joint project with the University of Nebraska), the University Foundation, and private sector investors.

• New local businesses or in-state businesses are filling the vacancies at shopping centers.

• Lincoln has the 2nd lowest unemployment rate in the country.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialThompson Realty Group5617 Thompson Creek Blvd. Suite 7Lincoln, NE 68516(402) 421-7700www.cbcthompson.com

CBSA Lincoln, NE

Square Miles 1,414

Population 299,958

Households 126,751

Household Income

Average68,288

Employees (Total)

142,514

Unemployment 4.1%


$7,086,678

NE - Lincoln

27

Market Highlights

• Commercial values are becoming pragmatic.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates N/A

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Vacancy

Absorption N/A

Rental Rates

Contact

Coldwell Banker CommercialSol Needles512 Washington St.Cape May, NJ 8204(609) 884-8428www.cbcworldwide.com

CBSA Ocean City, NJ

Square Miles 255

Population 95,922

Households 40,463

Household Income

Average78,656

Employees (Total)

29,003

Unemployment 9.5%


$2,306,527

NJ - Cape May County

Market Highlights

• Panasonic is relocating its headquarters to Newark.

• Residential foreclosures creating demand for Apartment rentals.

• Courtyard by Marriott is the first new hotel in downtown Newark in over 3 decades.

• Discounts on REO Properties are receding.

• Apartments are strong, like they are everywhere. Most deals are being done direct, with the exception of development deals.

• Demand in Multi-Family remains extremely high.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT-Parsippany1 Campus Dr.Parsippany, NJ 7054(888) 829-0221www.cbcnrtnewjersey.com

CBSA

New York-Northern New Jersey-Long Island, NY

Square Miles 6,726



Household Income

Average95,352

Employees (Total)

7,711,074

Unemployment 9.5%


$406,546,460

NJ - Northern

28

Market Highlights

• Planet Fitness continues to expand in the metro area with five stores currently open and two more scheduled to open before the end of the year.

• Dick’s Sporting Goods is entering the market, as is Panera Bread, and Chipotle Mexican Grill.

• There are several new Office construction projects currently under way. Federal agencies and some local firms are building new facilities to accommodate growth.

• The residential market remains flat with little new home construction and prices of existing homes remaining level.

• Retail continues to rebound, as several new chains to Albuquerque are backfilling space left vacant by the exit of Mervyn’s, Circuit City, Linens & Things and Borders.

• Unemployment remains below national levels.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialLas Colinas4801 Lang Ave NE, Suite 100Albuquerque, NM 87109(505) 563-4650www.lcrealty.com

CBSAAlbuquerque, NM

Square Miles 9,288

Population 863,887

Households 333,497

Household Income

Average65,279

Employees (Total)

313,234

Unemployment 8.2%


$18,367,936

NM - Albuquerque

Market Highlights

• The market has seen a major drop in Industrial vacancy rate.

• Commercial sales volume is increasing.

• Rents stabilizing across all property types.

• Leasing activity is strong.

• Commercial bank-owned properties are hitting the market.

• Multi-Family market is making a comeback.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialPremier Brokers223 S Division St.Carson City, NV 89703(775) 888-6200www.CBNevada.com

CBSA Carson City, NV

Square Miles 143

Population 55,156

Households 23,432

Household Income

Average69,548

Employees (Total)

25,284

Unemployment 12.5%


$1,324,454

NV - Carson City

29

Market Highlights

• New construction of a Toy’s “R” Us distribution center of 300,000 SF.

• Mountain Shadow LLC defaults on a $35,000,000 note on an Apartment complex.

• New construction of an Urban Outfitters distribution center of 460,000 SF.

• Total Wine and More enters the Reno/Sparks MSA with 18,000 SF store.

• Survey conducted by Clay & Associates shows confidence is building in the business environment.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialClay & Associates5011 Meadowood Mall Cir. Suite 201Reno, NV 89502(775) 829-5900www.cbcreno.com

CBSAReno-Sparks, NV

Square Miles 6,606

Population 420,676

Households 164,527

Household Income

Average79,751

Employees (Total)

208,488

Unemployment 13.0%


$9,586,214

NV - Reno/Sparks

Market Highlights

• GlobalFoundries $4.6 billion chip fabrication plant is under construction in Malta, NY.

• ShopRite Supermarkets entering Albany, NY market.

• Construction of the Waters View Apartments, with 222 units on the Hudson River, is expected to have first tenants move in this December.

• First Niagara Bank acquires 195 HSBC branches in upstate NY and CT.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialPrime Properties621 Columbia St.Cohoes (Albany), NY 12047(518) 785-9000www.coldwellbankeralbany.com

CBSAAlbany, Schenectady, Troy, NY

Square Miles 2,817

Population 859,707

Households 358,803

Household Income

Average73,105

Employees (Total)

351,131

Unemployment 7.2%


$20,261,924

NY - Albany

30

Market Highlights

• Conde Nast Publications took 1,046,260 SF in the World Trade Center.

• No new construction in New York City’s Manhattan market since 3rd Quarter of 2010.

• No new construction of any significance is anticipated until 1st Quarter 2013; where it is estimated in excess of 9,000,000 SF of construction taking place in the ensuing 18-month period.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialREalta Group1430 Broadway, 9th FloorNew York, NY 10018(212) 344-0300www.cbcrealta.com

CBSA

New York-Northern New Jersey-Long Island, NY

Square Miles 6,726



Household Income

Average95,352

Employees (Total)

7,711,074

Unemployment 8.6%


$406,546,460

NY - New York City

Market Highlights

• Canadian Tire Acceptance moved in and took 25,000 SF of flex space.

• Vacancy is stabilizing as businesses are doing new leases. There has been little new construction.

• 700,000 SF of new office space, which represents about 2% growth.

• Canadian Central Office markets delivered far better results in 2010 than expected. Toronto was the strongest city in North America. Canada’s Office markets are expected to see steady growth. Central market vacancies are at historic lows. Most of the downtown Office markets experienced gains during the downturn.

• Industrial demand experienced clear improvements and rates are expected to increase.

• Retail: some retailers scaled back or closed their doors, but others seized the opportunity to expand and/or introduce new formats. Retail was the most sought-after property among investors over the past year, equal to 31% of the overall investment volume.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialIntegrity Real Estate, Brokerage1384A Cornwall Rd.Oakville, ON L6J7W5(905) 338-8877 x228www.cbci.ca

CBSA Toronto, Canada

Square Miles 2,279



Household Income

Average 63,500

Employees (Total)

2,919,410

Unemployment 7.2%


$150,924,600

ON - Greater Toronto Area

31

Market Highlights

• Overall, Multi-Family rents have been slowly but steadily rising and were up about $40/unit year-over-year.

• Total Office building sales activity in 2011 is up compared to 2010.

• The largest Retail project currently underway is Wilsonville Old Town Square, a 250,000 SF center that is approximately 60% pre-leased.

• Retail cap rates have decreased in 2011, averaging 7.43% compared to the same period in 2010, when they averaged 8.54%.

• In the Industrial sector, Intel is building a 1,800,000 SF building and Subaru is constructing a 413,700 SF facility that is 100% pre-leased.

• Industrial vacancy hovers around 9%, while Retail is a healthy 5.8% and Office is in the double digits at 11.0%.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialMountain West Real Estate2545 SW Spring St. Suite 200Portland, OR 97219(503) 227-2934www.cbcre.com

CBSA

Portland, Vancouver, Beaverton, OR-WA

Square Miles 6,684


Households 878,239

Household Income

Average73,445

Employees (Total)

952,611

Unemployment 9.2%


$50,356,316

OR - Portland

Market Highlights

• Closings increased 10% during the first half of 2011 versus the last half of 2010.

• Lease rates and property values are beginning to stabilize from the 25 - 30% compression throughout 2010.

• New construction remains slow, although existing projects are leasing up, signaling the beginning of a new real estate cycle.

• Two residential condominium projects (+/- 100 units) continue to struggle and search for a solution.

• With the opening of Trader Joe’s, South Salem sees revitalization and enjoys renewed market activity.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialMountain West Real Estate960 Liberty St. SE, Suite 250Salem, OR 97302(503) 588-3508www.cbcre.com

CBSA Salem, OR

Square Miles 1,925

Population 399,131

Households 148,354

Household Income

Average61,094

Employees (Total)

119,269

Unemployment 10.0%


$8,037,740

OR - Salem

32

Market Highlights

• There is increased activity due to Marcellus Shale Industry (Wyoming, Susquehanna, Pike & Wayne counties).

• Medical College (TCMC) is being built in Scranton.

• Increased activity around Mohegan Sun Casino.

• Stable local real estate economy; median home prices falling slightly.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialTown & Country651 Northern Blvd.Clarks Summit, PA 18411(570) 587-5550www.cbcworldwide.com

CBSAScranton- Wilkes-Barre, PA

Square Miles 1,747

Population 549,920

Households 233,775

Household Income

Average58,775

Employees (Total)

245,015

Unemployment 9.2%


$12,418,233

PA - Northeastern

Market Highlights

• Steady growth in the Pittsburgh area.

• Stronger market than most of the country.

• Gas companies are buying and leasing properties.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialNRT - Pittsburgh9600 Perry Hwy. Suite 200Pittsburgh, PA 15237(412) 548-1064www.cbcworldwide.com

CBSA Pittsburgh, PA

Square Miles 5,280


Households 991,049

Household Income

Average69,762

Employees (Total)

1,064,896

Unemployment 7.4%


$54,309,411

PA - Southwestern Region

33

Market Highlights

• Trader Joe’s plans to open its first location in the Charleston Metro Area at the end of July, a 14,700 SF space, formerly an Antique Mall site.

• Assembly of the first Boeing 787 plane at the new assembly plant in North Charleston is under way.

• A reported 10 new Multi-Family developments are on the board for the region, with a combined rental unit count over 2,200.

• The Port of Charleston sees its largest container ship to date, the 9,200-TEU MSC Bruxelles. This is heightening the anticipated increase of post-Panamax vessels once the Panama Canal expansion is completed in 2014.

• Charleston Metro residential sales saw a 29% increase in July 2011 from July 2010.

• The 2012 PGA Championship is being held at Kiawah Island Golf Resort and is expected to have an economic impact on the state of over $190 million.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialAtlantic International, Inc.3506 W Montague Ave. Suite 200North Charleston, SC 29418(843) 744-9877www.cbcatlantic.com

CBSACharleston-North Charleston, SC

Square Miles 2,591

Population 665,272

Households 262,007

Household Income

Average72,395

Employees (Total)

253,170

Unemployment 9.8%


$13,814,976

SC - Charleston Metro

Market Highlights

• The largest lease signings for the fist 6 months of 2011: Office - SC Chamber of Commerce 14,371 SF; Retail - Steinmart 31,675 SF; Industrial - Interstate Resource Group 185,600 SF.

• Office and Retail have had positive absorption for the first two quarters of 2011 of 80,286 SF and 244,575 SF respectively. Industrial has had negative absorption of SF.

• The Office market delivered two buildings totaling 6,000 SF in 2011 and there is 11,825 SF under construction. Retail delivered 8 buildings totaling 138,330 SF and there is 145,915 under construction. Industrial has delivered one building for 2,400 SF and has no new space under construction.

• Columbia has shown a slight increase of 1.3% in median home prices, which could indicate some stabilization in the residential market.

• Rental rates for Office and Retail have increased very slightly in 2011, while Industrial rates have decreased.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialUnited, Realtors1711 Gervais St.Columbia, SC 29201(803) 799-4663www.cbccarolinas.com

CBSA Columbia, SC

Square Miles 3,701

Population 751,082

Households 300,796

Household Income

Average67,472

Employees (Total)

287,817

Unemployment 10.0%


$15,418,638

SC - Columbia

34

Market Highlights

• Recently, there has been downtown Apartment and Office construction.

• TD Bank transition complete; Certus Bank comes to upstate.

• GE driving green initiative with the City of Greenville.

• Charleston Port deepening study-funding approved; upstate responsible for 60% of port activity.

• Tangible spin-off business in the upstate has been a result of Boeing locating in Charleston.

• BMW and Michelin continue to drive ICAR campus growth.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialCaine200 East Broad St. Suite 200Greenville, SC 29601(864) 250-2000www.cbccaine.com

CBSAGreenville-Mauldin-Easley, SC

Square Miles 2,002

Population 644,419

Households 263,044

Household Income

Average64,851

Employees (Total)

288,021

Unemployment 9.8%


$13,898,824

SC - Greenville/Spartanburg

Market Highlights

• Publix and Target have announced plans to locate in the new Northshore Town Center. Publix plans to have its second Knoxville location in the Turkey Creek Retail Development.

• The Kroger Company has broken ground on a 117,000 SF Kroger Market Place plus 18,000 SF of local shops in West Knoxville.

• Aldi and Academy Sports have broken ground for new stores in West Knoxville.

• Cosco has plans approved for a new store in Farragut, a suburb in west Knox County, close to the ever growing Turkey Creek Retail Development.

• Whole Foods has announced it will be opening its first store West Knoxville.

• The Residential market continues a modest recovery.

• Knoxville ranked 9th in Forbes’ 2011 “Best Cities for Jobs. ”

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialWallace and Wallace124 N Winston Rd.Knoxville, TN 37919(865) 690-1111www.cbcww.com

CBSA Knoxville, TN

Square Miles 1,857

Population 702,994

Households 297,456

Household Income

Average64,861

Employees (Total)

307,125

Unemployment 8.3%


$16,066,241

TN - Knoxville/East Tennessee

35

Market Highlights

• Amazon has leased a 1 million SF building under construction for a new distribution center that will create 250 new jobs.

• Wacker Chemie, a German company, has purchased 350 acres for a $5.4 billion new plant to manufacture hyperpure polycrystalline silicon. They will employ 650 new workers and is scheduled to open in 2013.

• Volkswagen has a new assembly plant that has begun production on the 2011 Passat. This plant has created 2,000 new jobs.

• Whirlpool Corporation has broken ground on a new 1.4 million SF green production facility that will replace an older plant.

• Commercial activity has increased significantly in the last quarter.

• This market is positioned for tremendous growth in the next 5 years. In addition to Volkswagen, many automotive suppliers are relocating to the area.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialHamilton & Associates, LLC2650 Peerless Rd. NWCleveland, TN 37312(423) 476-5535www.hamiltoncommercial.com

CBSAChattanooga, TN-GA

Square Miles 2,089

Population 526,490

Households 211,265

Household Income

Average62,455

Employees (Total)

208,265

Unemployment 9.1%


$11,057,222

TN - Metro Chattanooga, TN-GA

Market Highlights

• 223,000 SF Macy’s at Highland Mall, which was bought by the Austin Community College District for $5 million ($22 PSF). The school later purchased the JC Penny’s at the mall and now owns all of it.

• The 336-unit Colonial Grand changed hands for $28.4 million or $84,500 per unit.

• $19.89 million in construction financing was originated for Lotus Village Apartments, a 222-unit apartment community that will be located at 300 Ferguson Dr. in Austin. The community will consist of 10 three- or four-story buildings with an average 922 SF per unit.

• Austin’s Crossroads Center sold for $14.25 M.

• Austin Office vacancies are at the lowest point since 2008.

• The 97,550 SF Jefferson Building in Austin sold for $13.5 million ($138 PSF).

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialUnited, Realtors2121 Sage Rd. Suite 150Houston, TX 77056(713) 840-5000www.cbcunitedrealtors.com

CBSAAustin-Round Rock, TX

Square Miles 4,224


Households 665,762

Household Income

Average74,027

Employees (Total)

622,577

Unemployment 7.6%


$37,736,918

TX - Austin

36

Market Highlights

• Commercial is still sluggish.

• Cash buyers of Land and Ranch increasing from Houston and Austin.

• Interest in new residential development is accelerating.

• Residential inventory is tight.

• Multi-Family, Land and Ranch are leading real estate segments.

• International interest is significantly increasing.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSouthwest Partners850 FM 390 Rd. EBrenham, TX 77833(979) 421-9996www.cbcsouthwestpartners.com

CBSA Brenham, TX

Square Miles 609

Population 33,135

Households 13,498

Household Income

Average61,055

Employees (Total)

12,090

Unemployment 8.2%


$688,949

TX - Brenham

Market Highlights

• Texas A&M building continues to be strong especially in the Health Science/Bio-Medical Fields.

• Multi-Family is exceptionally strong. 3,000 units are either under construction or in the permitting phase.

• Retail growth remains stable. New Lowes Center and H-E-B anchored centers are leasing up.

• Housing remains relatively flat.

• Office market remains stable with new construction around the Park Hudson development.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact


CBSACollege Station-Bryan, TX

Square Miles 2,106

Population 214,971

Households 88,655

Household Income

Average58,938

Employees (Total)

60,491

Unemployment 7.3%


$4,475,811

TX - Bryan-College Station

37

Market Highlights

• Chevron purchases a 50-story downtown office tower for $340 million from Brookfield Properties, who acquired the property for $120 million in 2006.

• ExxonMobil confirms that it will construct an Office campus on 385 acres in North Houston, just south of the Woodlands. Construction will begin in 2014 with full-occupancy by late 2015.

• NASA and the Houston-Clear Lake Market brace for impact of the retirement of the space shuttle program.

• A study released by PWC ranked Houston #1 in the world in terms of cost of living advantage and purchasing power.

• Oil prices continued their upward movement, reaching $114 before returning to more normalized levels.

• Houston named “City of the Year” by Fast Company because of small business and entrepreneurial attraction.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact


CBSAHouston-Sugar Land-Baytown, TX

Square Miles 8,928



Household Income

Average87,941

Employees (Total)

2,246,860

Unemployment 9.0%


$119,698,033

TX - Houston

Market Highlights

• The city plans $30 million in capital improvements to jump start redevelopment. The Lake Worth Vision land-use plan includes a Town Center sector that would help the revitalization of the Casino Beach area.

• $37m in financing has been made available for Broadstone Centreport, a 452-unit Apartment complex in Fort Worth.

• Coppell Industrial Center, a 375,000 industrial building recently sold.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSearcy Vasseur Group6323 Camp Bowie Blvd. Suite 101Fort Worth, TX 76116(817) 335-7575www.cbcsvgroup.com

CBSADallas-Fort Worth-Arling-ton, TX

Square Miles 8,990



Household Income

Average82,482

Employees (Total)

2,621,455

Unemployment 8.6%


$135,840,719

TX - Fort Worth

38

Market Highlights

• Economist, M. Ray Perryman, President of the Perryman Group, indicated Texas in general, and Lubbock in particular, should be out of the gate fastest with a national recovery picking up momentum in the second half of 2011 with a growth rate of about 4.5% per year.

• Retail sales continue to show improvement and are up 3.5% over 2010’s year-to-date levels. Second quarter results for 2011 were almost 2% ahead of second quarter 2010.

• The Texas Tech University System ranked 46th out of the nation’s Top 100 institutions as it attempts to complete its capital campaign of raising $1 billion by the end of 2013 – a ranking improvement of 14 spots over 2009.

• Texas Tech University will partner with Sandia National Laboratories and Group NIRE to build and operate a new wind energy testing facility expected to be operational soon.

• Construction has been completed on the $10.8 million, 112,000 SF corporate headquarters for Standard Sales Company.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialRick Canup, Realtors4924 S. Loop 289Lubbock, TX 79414(806) 793-0888www.cbclubbock.com

CBSA Lubbock, TX

Square Miles 1,799

Population 279,239

Households 111,087

Household Income

Average57,245

Employees (Total)

101,281

Unemployment 7.3%


5,682,097.2

TX - Lubbock

Market Highlights

• San Antonio is turning the corner; several undeveloped commercial tracts are moving.

• Several Multi-Family acquisitions in 2011.

• Several strip shopping center transactions in the $10-$25M range in 2011.

• $28M data center and $4.5M FEX distribution transactions in 2011.

• Texas A&M breaking ground on new campus in San Antonio

• Bottoms close in Multi-Family while other segments are still searching for bottoms.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialSouthwest Partners850 FM 390 Rd. EBrenham, TX 77833(979) 421-9996www.cbcsouthwestpartners.com

CBSA San Antonio, TX

Square Miles 7,340


Households 749,986

Household Income

Average69,352

Employees (Total)

730,244

Unemployment 8.1%


$41,231,261

TX - San Antonio

39

Market Highlights

• National Security Agency occupied a new facility.

• Medtronic moves its headquarters to San Antonio.

• Boeing continues expansion, with high employment.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialAlamo City18756 Stone Oak Pkwy., Suite 202San Antonio, TX 78258(210) 483-6250www.cbcalamo.com

CBSA San Antonio, TX

Square Miles 7,340


Households 749,986

Household Income

Average69,352

Employees (Total)

730,244

Unemployment 8.1%


$41,231,261

TX - South Central

Market Highlights

• Gold’s Gym and Pier One Imports announces new store openings.

• Retail occupancy remains unchanged.

• Caterpillar announces an additional facility.

• Housing market remains tight due to Eagle Ford Shale.

• Industrial and Office sectors experiencing positive absorption.

• This market is headed for a housing shortage.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialThe Ron Brown Company2505 N Navarro St.Victoria, Texas 77901(361) 573-6191www.ronbrown.com

CBSA Victoria, TX

Square Miles 2,248

Population 115,980

Households 41,805

Household Income

Average66,662

Employees (Total)

41,963

Unemployment 7.7%


$2,262,143

TX - Victoria County

40

Market Highlights

• Kraftmaid Industrial facility 867,494; Backcountry.com Industrial 325,800; Fusion-IO Office 150,000; Unisys Office 154,797; Scheel’s Retail 220,000; O’Reilly Auto parts all sever locations.

• Utah’s economy as a whole continues to outperform the nation and remains one of the most fundamentally sound.

• Under construction - Industrial 2,000,000 SF; Office 125,000 SF, and Retail 325,000 SF.

• UT has a low unemployment rate compared to national levels.

• Rate of national firms expanding in Utah is increasing.

• Ranked by Forbes as the #1 best state for business careers.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialNRT- Salt Lake City6550 South Millrock Dr., Suite 200Salt Lake City, UT 84121(801) 947-8300www.coldwellutah.com

CBSASalt Lake City, UT

Square Miles 9,539


Households 376,706

Household Income

Average82,120

Employees (Total)

567,447

Unemployment 7.6%


$22,480,594

UT - Salt Lake County

Market Highlights

• Lynchburg has been able to keep all the larger tenants in the area but hasn’t seen any new ones come in.

• Vacancy rates are generally falling due to the slight uptick in the local economy.

• Minimal construction is taking place in the Central Virginia area, especially with respect to large scale jobs. A new car dealership has just broken ground, and a local credit union is about halfway done with another branch location.

• The Residential side is still down with no movement in the high-end houses, although low to mid-range houses are still moving.

• The unemployment rate is showing a hint of downward motion.

• The Lynchburg market is generally a stable market that tends not to follow the major swings in the economy that many other localities are tied to. This is due in part to the diversified Industrial base.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialRead and Co.2508 Langhorne Rd.Lynchburg, VA 24501(434) 455-2285www.cbcworldwide.com

CBSA Lynchburg, VA

Square Miles 2,124

Population 248,585

Households 100,680

Household Income

Average58,652

Employees (Total)

96,796

Unemployment 7.1%


$5,133,427

VA - Lynchburg

41

Market Highlights

• Development of the Vancouver waterfront will reconnect 35 acres along the Columbia River to the city’s historic core, creating a vibrant community for all to explore.

• Apartment vacancies are low, hovering around 4%. Rent is moving upwards slowly due to 9% unemployment rates. Institutional investors are investing in the local apartment market.

• Development land prices continue to drop with no increase in interest from buyers.

• Small industrial companies are very active and a few large companies are becoming active. Banks are getting more aggressive and holding rates low while extending terms.

• Several Big Box retail development projects have been completed, including: Costco, Wal-Mart, Home Depot and Lowes.

• The Ports of Clark County (Vancouver, Camas and Washougal) have brought in new businesses that are stimulating job creation.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialJenkins-Bernhardt Associates1500 D St.Vancouver, WA 98663(360) 699-4494www.CBCWorldWideNW.com

CBSA

Portland- Vancouver- Beaverton, OR-WA

Square Miles 6,684


Households 878,239

Household Income

Average73,445

Employees (Total)

952,611

Unemployment 9.2%


$50,356,316

WA - Clark County

Market Highlights

• Parametrix 37,000 SF, Lucamerica 80,000 SF and Westwood Shipping Lines 20,000 SF all landed new corporate headquarters.

• Vacancies in all types of CRE remain stable or slightly on the increase.

• Hospital expansion, Medical Office buildings and Hospitality expansion comprise most of the new construction the area.

• Home prices continue to slide.

• The national and global economy has stalled investor interest in CRE in the Q3 2011.

• Joint Forces Lewis-McCord military bases keep our local economy more stable than most tertiary markets.

• Port of Tacoma is a strong economic engine for the South Puget Sound and is a major gateway to Asia and Alaska. The port is among the largest container and automotive ports in North America. Several large land tracks in Pierce County are planned with rail to serve the NW in Pierce County creating opportunities for distribution centers.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialOffenbecher101 S MeridianPuyallup, WA 98371(253) 840-5574www.offenbecher.com

CBSASeattle- Tacoma- Bellevue, WA

Square Miles 5,894



Household Income

Average86,419

Employees (Total)

1,502,591

Unemployment 9.3%


$82,749,123

WA - Puyallup, Pierce County

42

Market Highlights

• Weyerhaeuser has been selling off subsidiaries. They are transitioning from a forest products giant to a smaller real estate investment trust.

• Overall vacancy rates are leveling off due to landlords lowering their rates to true market levels.

• The Multi-Family sector is strong. Rising rents and falling vacancy rates have developers lining up at the permit counter. Some are saying that this sector may be overheating.

• Residential prices are stabilizing. Year-over-year sales continue to grow.

• Boeing and other aerospace companies are at the beginning of another 10-year boom cycle. This should help the region see faster growth.

• South King County is bordered by the Puget Sound to the West and the Cascade Mountains to the East. People can do many different activities such as fishing, skiing, or bicycling within an hour of where they live. One of the best places in the U.S. to live and work.

Offi ce Retail

Industrial Industrial

Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialDanforth & Associates33313 First Way SFederal Way, WA 98003(253) 874-3200www.cbcdanforth.com

CBSASeattle- Tacoma- Bellevue, WA

Square Miles 5,894



Household Income

Average86,419

Employees (Total)

1,502,591

Unemployment 9.3%


$82,749,123

WA - South King County

Market Highlights

• REI has moved to the area; stimulating additional Retail activity in and around the area’s largest mall. Unemployment rate is much lower than surrounding counties. New construction Multi-Family projects are starting up, as vacancy rates are low and the forecast looks bright well into the future.

• Some significant large Office buildings have gone through foreclosure. The state has consolidated operations is creating higher vacancies in the Office sector.

• New construction in Office and Industrial is low due to oversupply. Retail and Multi-Family are seeing some activity.

• The residential markets are bottoming out with many properties selling at or just above prices from 2009-10. Overall demand is still low while consumers rebuild confidence.

• Market is transitioning from a government-based economy to a private-sector-base. The government budget is stalling activity, but has set market prices at levels not seen in approximately a decade.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Contact

Coldwell Banker CommercialEvergreen Olympic Realty, Inc.3333 Capitol Blvd. SOlympia, WA 98501(360) 352-7651www.cbcworldwide.com

CBSA Olympia, WA

Square Miles 727

Population 253,654

Households 100,414

Household Income

Average74,489

Employees (Total)

68,733

Unemployment 8.5%


$5,844,779

WA - Thurston County

43

Market Highlights

• St. Mary’s Dean new 313,000 SF hospital scheduled to open at the end of the year.

• Food-related manufacturers invested $65.9 million in new facilities and operations, creating approximately 300 jobs.

• NorthStar Medical Radioisotopes announces $150M / 82,000 SF facility in Beloit’s Gateway Park.

• Blain Supply Inc. (Blain’s Farm & Fleet) expanded its corporate campus and distribution facility. Blain Supply Inc. has close to 600,000 SF in warehouse, and added 43,000 SF to its corporate headquarters building.

Offi ce Retail


Demographics

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy

Absorption

Rental Rates

Vacancy N/A

Absorption N/A

Rental Rates N/A

Contact

Coldwell Banker CommercialMcGuire Mears & Associates400 Midland Ct. Suite 101Janesville, WI 53546(608) 752-6325www.mcguiremears.com

CBSA Janesville, WI

Square Miles 720

Population 160,224

Households 63,135

Household Income

Average63,711

Employees (Total)

63,044

Unemployment 10.1%


$3,478,456

WI - Janesville/Beloit

AL - Dothan, Houston County 2AL - Montgomery County 2AR - Hot Springs 3AR - Little Rock 3CA - Inland Empire/Victor Valley 4CA - Los Angeles 4CA - Los Angeles, Westside 5CA - Modesto, Stanislaus County 5CA - Northern California/Bay area 6CA - Orange County 6CA - Redding 7CA - Sacramento 7CA - Temecula 8CA - San Fernando/San Gabriel Valley 8CO - Mesa County 9CO - Southwest 9FL - Daytona Beach-Ormond Beach 10FL - Florida Keys 10FL - Jacksonville 11FL - Lakeland-Winter Haven 11FL - Orlando 12FL - Port St. Lucie 12FL - Sarasota, Manatee, Charlotte Counties 13FL - South 13FL - Southwest 14GA - Athens 14GA - Atlanta 15GA - Atlanta Greater MSA 15GA - Dalton, Whitfi eld County 16GA - Savannah 16ID - Boise 17ID - Coeur d’Alene 17IL - Bloomington-Normal, McLean County 18IL - Champaign County 18IL - Chicago 19IL - Chicagoland 19IN - Delaware County 20KS - Kansas City Metro Area 20KY - Bowling Green 21KY - Louisville, Lexington & Elizabethtown 21LA - Lafayette 22LA - New Orleans 22ME - Midcoast Region 23MN - Mankato 23MN - Minneapolis Metro 24MO - St. Louis Metro 24MT - Billings Metro 25NC - New Hanover County 25NC - Raleigh 26NE - Lincoln 26NJ - Cape May County 27NJ - Northern 27NM - Albuquerque 28NV - Carson City 28NV - Reno/Sparks 29NY - Albany 29NY - New York City 30ON - Greater Toronto Area 30OR - Portland 31OR - Salem 31PA - Northeastern 32PA - Southwestern Region 32SC - Charleston Metro 33SC - Columbia 33SC - Greenville/Spartanburg 34TN - Knoxville/East Tennessee 34TN - Metro Chattanooga, TN-GA 35TX - Austin 35TX - Brenham 36TX - Bryan-College Station 36TX - Fort Worth 37TX - Houston 37TX - Lubbock 38TX - San Antonio 38TX - South Central 39TX - Victoria County 39UT - Salt Lake County 40VA - Lynchburg 40WA - Clark County 41WA - Puyallup, Pierce County 41WA - South King County 42WA - Thurston County 42WI - Janesville/Beloit 43

Index by StateAlbany, NY 29Albuquerque, NM 28Athens, GA 14Atlanta Greater MSA, GA 15Atlanta, GA 15Austin, TX 35Billings Metro, MT 25Bloomington-Normal, McLean County, IL 18Boise, ID 17Bowling Green, KY 21Brenham, TX 36Bryan-College Station, TX 36Cape May County, NJ 27Carson City, NV 28Champaign County, IL 18Charleston Metro, SC 33Chicago, IL 19Chicagoland, IL 19Clark County, WA 41Coeur d’Alene, ID 17Columbia, SC 33Dalton, Whitfi eld County, GA 16Daytona Beach-Ormond Beach, FL 10Delaware County, IN 20Dothan, Houston County, AL 2Florida Keys, FL 10Fort Worth, TX 37Greater Toronto Area, ON 30Greenville/Spartanburg, SC 34Hot Springs, AR 3Houston, TX 37Inland Empire/Victor Valley, CA 4Jacksonville, FL 11Janesville/Beloit, WI 43Kansas City Metro Area, KS 20Knoxville/East Tennessee, TN 34Lafayette, LA 22Lakeland-Winter Haven, FL 11Lincoln, NE 26Little Rock, AR 3Los Angeles, CA 4Los Angeles, Westside, CA 5Louisville, Lexington & Elizabethtown, KY 21Lubbock, TX 38Lynchburg, VA 40Mankato, MN 23Mesa County, CO 9Metro Chattanooga, TN-GA, TN 35Midcoast Region, ME 23Minneapolis Metro, MN 24Modesto, Stanislaus County, CA 5Montgomery County, AL 2New Hanover County, NC 25New Orleans, LA 22New York City, NY 30Northeastern, PA 32Northern California/Bay area, CA 6Northern, NJ 27Orange County, CA 6Orlando, FL 12Port St. Lucie, FL 12Portland, OR 31Puyallup, Pierce County, WA 41Raleigh, NC 26Redding, CA 7Reno/Sparks, NV 29Sacramento, CA 7Salem, OR 31Salt Lake County, UT 40San Antonio, TX 38San Fernando/San Gabriel Valley, CA 8Sarasota, Manatee, Charlotte Counties, FL 13Savannah, GA 16South Central, TX 39South King County, WA 42South, FL 13Southwest, CO 9Southwest, FL 14Southwestern Region, PA 32St. Louis Metro, MO 24Temecula, CA 8Thurston County, WA 42Victoria County, TX 39

Index by Market

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2011 mid year blue book

Real Estate

acontactcoldwell banker commercialnrt

orange county 6ca

mesa county 9co

delaware county 20ks

thurston county 42wi

hanover county 25nc

minneapolis metro 24mo

southwestern region 32sc