Quarterly Performance Report: Q4 2016

Quarterly Performance Report: Q4 2016

Posted on: February 13, 2017

Quarter 4 ReportMSR Holdings Inc. Q4 Performance

As the fourth quarter of 2016 drew to a close, we continued our diligent approach in growing our commercial acquisitions in the US and our work on driving development projects in Canada.

By the end of Q4, we had locked in a total of $15.2 Million in acquisitions while our development arm aided in the management of over $25 Million in Canadian development projects. We look forward to an equally successful year ahead by carrying this momentum into 2017.

“We continue to see foreign funds being invested in commercial real estate as cap rates continue to compress. We are confident the market is continuing in the direction we envisaged in order to capitalize on equity growth in the coming years.”

– Narinder Seehra, Chief Executive Officer

As we enter the next quarter (Q1 2017), we are filling the remaining investor availability on these excellent commercial real estate investment opportunities in Florida:

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

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An Overview of Florida’s Commercial Real Estate Market for Q4 2016

The Orlando market continues a trend of strong leasing fundamentals and employment growth outpacing both the state and the nation. At the close of 2016, year-to-date net absorption reached 1.7 Million sq. ft., and vacancy and lease rates also improved.

Population growth and the tourism industry – led largely by the hospitality and entertainment sectors – have resulted in strong retail activity this quarter. Lease rates in the most desirable retail locations are seeing record growth.

Orlando is drawing investment interest from both domestic and international buyers, with competitive and projected stable cap rates offering buyers the opportunity to diversify their portfolios and realize high investment returns.

Q4 Vacancy Rates:

  • Office vacancy rates are 10.8%; down 440 basis points from Q4 2015.

Q4 Average Asking Rental Rates:

  • Office rental rates are $20.42 per sq. ft.; up $0.11 from Q4 2015.

The ongoing positive performance of the Orlando office and retail markets moving into 2017 is supported by economic indicators including job growth and low unemployment, population in-migration, the flourishing tourism industry and theme park expansions, a rebounding housing market, and upgrade projects for Florida’s transportation infrastructure.

For a concise summary of the Central Florida market in the previous quarter (Q3 2016), 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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