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Date: Tue, 20 Nov 2001 10:31:20 -0800 (PST)
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Subject: Metro Briefs
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 [IMAGE] [IMAGE] =09[IMAGE]=09[IMAGE] [IMAGE]    ReisCast November 20, 2001=
  Reis - America's Source for Real Estate Investing    Welcome to ReisCast,=
 our weekly email newsletter.  This week's edition highlights are:    Metro=
 Briefs  Reis's 3Q01 Data       [IMAGE]   [IMAGE]    1. Metro Briefs  "Cowt=
own" Still Herds'm In - Ft. Worth Office Market - Third Quarter 2001  Despi=
te the deep sense of tradition and cowboy pride pervading Ft. Worth, over t=
he past decade the city has managed to transcend its image as the most "Tex=
an" city in Texas--home of the ten-gallon hat, ho-down, and "longhorn" roun=
dup--and establish itself as an economic powerhouse.  Today's pioneers head=
 to the area's Alliance Airport Corridor, which has proven to be the vangua=
rd of the local economy's revolutionary modernization, a transformation des=
ired, though not often attained, by other post-industrial areas...    To ge=
t the entire market excerpt as well as an opportunity to buy the full Reis =
Observer report, go to: www.reis.com/learning/insights_metro_spotlight1.cfm=
        Looking for a Silver Lining   - Northern Virginia Industrial Market=
- Third Quarter 2001       Ranked the third-largest high-tech center in the=
 nation after California's Silicon Alley and Boston's Route 128 Corridor, i=
t is little wonder that the industrial real estate market in Northern Virgi=
nia has been hard hit by the high-tech bust and current economic downturn. =
 Moreover, shaken by the recent nearby attack on the Pentagon, the Northern=
 Virginia region has been scrambling to cope with the recent turn of events=
...But the outlook may not be entirely grim...       To get the entire mark=
et excerpt as well as an opportunity to buy the full Reis Observer report, =
go to:  www.reis.com/learning/insights_metro_spotlight1.cfm#two       [IMAG=
E]      2. Reis's 3Q01 Data  According to Reis, overall office vacancies ar=
e up a sizable 130 basis points from the second quarter 2001, to 11.4%, whi=
le apartment vacancies are up just 20 basis points to 3.4%--trends reflecte=
d by third quarter results from NCREIF (the National Council of Real Estate=
 Investment Fiduciaries, Chicago, IL.), an industry benchmark for real esta=
te performance.  According to this source, the Apartment sector had the hig=
hest quarterly return of 2.05% (comprised of income and appreciation), foll=
owed by the Industrial (1.96%), Office (1.53%) and Retail (1.27%) sectors. =
  To find out more about real estate metros across the country, get Reis's =
MetroTrend, SubTrend, and CompQuote reports, all updated with the latest 3Q=
 2001 data.    From Wall Street to Main Street, our clients rely on Reis fo=
r comprehensive, proven transaction support.    As always, we welcome your =
comments and suggestions.   www.reis.com      [IMAGE]  You are receiving th=
e email because you have subscribed to this list.  If you would like to rem=
ove yourself from this list, please click here  and you will be removed imm=
ediately! Thank you!  [IMAGE]   [IMAGE]  [IMAGE]  [IMAGE] [IMAGE]    ?2001 =
Reis, Inc. All rights reserved.   =09[IMAGE]=09[IMAGE] [IMAGE] [IMAGE] =09
