Quarterly Performance Report: Q1 2016

Quarterly Performance Report: Q1 2016

Posted on: May 12, 2016

Q1 MSR Performance ReportMSR Holdings Inc. Q1 Performance

2016 started with a successful growth in acquisitions both in Canada and the US for MSR Holdings.

By the end of Q1, we achieved over $6 million in acquisitions by focusing on turnkey commercial real estate in the US and development projects in Canada. Working on our newly forged strategic partnerships in China, we continue to attract momentum in our investment projects on both sides of the border.

“As we predicted last year, US commercial real estate continues to rebound in 2016 through solid economic fundamentals. Commercial vacancy rates continue to decline and proof of this can be seen in our own portfolio which holds less than 1% in vacancies. Rental rates are on the climb, as can be evidenced through our own commercial real estate where new leases are being signed with steady increases over the term. In addition, cap rates have marginally declined by 1% from the previous two years, thus leaving our investors with an increased value on their investment.”

  • Narinder Seehra, Chief Executive Officer and Co-Founder

As we enter the second quarter of 2016 (Q2 2016), we are filling the remaining investor availability on this excellent commercial real estate investment opportunity in St. Petersburg, Florida:

As always, our readers will be the first to know as we bring more exclusive US commercial investment opportunities to our select investors. Join the registry to receive property notifications.

An Overview of Florida’s Commercial Real Estate Market for Q1 2016

Strong leasing activity in Orlando, Florida reinforces a growing market with decreased vacancy and positive net absorptions in the first quarter.

The Orlando office market performed well in Q1 with robust demand in both suburban and downtown locations. With steadily decreasing vacancy, rental rates are expected to rise. Currently, three office buildings are under construction that total 158,000 sq. ft.

High tourism numbers coupled with healthy consumer spending and a recovering economy are increasing demand for retail space. Improvements in the area, including a recovering median household income, will continue to make Orlando an attractive destination for new and expanding retailers over the long term.

Q1 Vacancy Rates:

  • Office vacancy rates are 13.8%; down 460 basis points from Q1 2015.
  • Retail vacancy rates are 5.9%; down 80 basis points from Q1 2015.

Q2 Average Asking Rental Rates:

  • Office rental rates are remaining stable, down 0% from Q1 2015.
  • Retail rental rates are up 5.3% from Q1 2015.

The expansion of Orlando’s commercial real estate market is expected to continue into 2016 due to opportunities for development, falling unemployment, and strong leasing activity.

For a concise summary of the Central Florida market in the previous quarter (Q4 2015), click here for an infographic from Colliers International.

MSR Holdings Inc. acquires exclusive commercial real estate investment opportunities in the US and Canada, providing sophisticated investors with profitable portfolio diversification opportunities. Contact us today to discuss becoming one of our select investors.

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