James Real Estate RE Inv Criteria Dnvr 2000 3rd Qtr Page 10
JAMES REAL ESTATE SERVICES, INC.
·
·
·
9
Discount Rates Office (%)
1997
1998
1999
2000
1Q 2Q 3Q 4Q
Nat Den Nat Den Nat Den Nat Den Nat Den Nat Den Nat Den
Central
Business
District
RERC
National
11.9
11.3
11.4
11.5
11.6
West - 1
st
Tier
11.2
11.5
11.5
11.2
West - 2
nd
12.1
12.2
12.8
11.9
West - 3
rd
13.3
13.8
14.2
12.7
C&W
12.0
13.0
KORP
Institut'l
11.7
11.2
11.2
11.2
11.8
- Non-Inst
13.7
13.3
13.2
JF
12.5
10.3
Suburban
RERC
National
11.6
11.1
11.6
11.7
11.7
West - 1
st
Tier
11.1
11.7
11.2
11.6
West - 2
nd
11.9
12.2
12.8
12.4
West - 3
rd
12.7
13.3
13.8
13.4
C&W
12.1
12.7
KORP
Institut'l
11.4
11.1
11.1
11.0
11.1
- Non-Inst
12.6
12.4
12.2
JF
12.0
10.5
Data Sources:
RERC
Real Estate Research Corp
KORP
Korpacz R E Investor Survey C&W
Cushman
&Wakefield
NREI
National Real Estate Index
NREIM
Nat'l R E Investor Magazine
IJF
Integra/Joseph Farber