“What I think is most disturbing is we have a city official using the resources of his position and office to personally and professionally retaliate against a citizen for his political opinion,” Cranley said. Most conveyancing lawful advocates are certain to have their own particular website where you can get an online quote quickly once you furnish all the key purposes of investment required in their online requesting structure. Land & House would offer approximately 500 units in various projects and locations. Whilst Property Perfect would offer over 2,000 units scattered around the north and east part of Bangkok. There also would be approximately 1,000 units from Supalai and Noble Development.
Sales and leasing activity was very strong in the 4th Q 2004, at 7.2 million SF, up from 6.7 million SF the previous quarter. Activity during the quarter was particularly strong in Chino at 3.0 million SF. Most of the ac tivity (5.6 million SF or 78%) remained in big-box buildings (100,000+ SF). In 2004, sales and leasing activity totaled 28.0 million SF, representing a “rate of churn” equal to 13.0% of the base. This is considered a very strong rate for a Southern California market, where the average long-term rate is 8% per year. Net absorption was a very strong 3.1 million SF, up sharply from 1.0 million SF last quarter. In 2004, net absorption totaled 8.3 million SF, representing growth in occupied space of 4.3%.
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The total vacancy rate, including sublet space, inched downward during the quarter to 5.5%, down from 5.6% last quarter and from 6.1% one year ago. The direct vacancy rate was 4.3%. Vacant sublet space totaled 2.6 million SF or 1.2% of the base. This was up sharply from 1.6 million SF last quarter and from 896,300 SF the 2nd Q 2004. It was also above the long-term norm for the area of 0.7%. Nevertheless, these are healthy rates, particularly for a market with as much construction activity as the Inland Empire. Vacancy rates were lowest in Mira Loma (4.0%) and Fontana (4.1%), and highest in Rancho Cucamonga (6.8%). There was softness in the smaller size building segments (10,000 to 69,999 SF), with vacancy of 9.4%. The vacancy rate in the big-box segment (100,000+ SF) was healthy at 4.3%.
National Distribution Centers leased a one-million-SF industrial facility at the Chino South Business Park in Chino from Majestic Realty. Fender Musical Instrument Corp. leased a 568,100-SF distribution facility at 1151 Mildred in Ontario from Alere Property Group. P&O Ned Lloyd leased a 549,200-SF industrial building at 15710 San Antonio in Chino from Carson Companies. Motivational Fulfillment leased a 271,400-SF industrial facility at 15820-15880 Euclid Avenue in Chino from AEW Capital Management. Distribution Alternatives leased 264,100 SF of industrial space located at 4060 Jurupa Street in Ontario from Majestic Realty.