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Monterey, California

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI BT Commercial
Last Updated: 17-Nov-2009
Market Overview
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Market Research

* Click on each category for a detailed definition.

Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) N/A N/A N/A N/A N/A
Class B (Secondary) N/A N/A N/A N/A N/A
 
Suburban Office
New Construction (AAA) N/A N/A N/A N/A N/A
Class A (Prime) $ 12.00 $ 46.32 $ 28.20 13.1% N/A
Class B (Secondary) $ 6.72 $ 27.00 $ 22.80 7.8% N/A
 
Industrial
Bulk Warehouse N/A N/A N/A N/A N/A
Manufacturing $ 3.00 $ 17.76 $ 5.64 8.2% N/A
High Tech / R&D N/A N/A N/A N/A N/A
 
Retail
Downtown N/A N/A N/A N/A N/A
Neigborhood Service Centers N/A N/A N/A N/A N/A
Community Power Center N/A N/A N/A N/A N/A
Regional Malls N/A N/A N/A N/A N/A

Development Land Low () High ()
Office in CBD $ 15 $ 40
Land in Office Parks $ 261,360 $ 609,840
Land in Industrial Parks $ 174,240 $ 609,840
Office/Industrial Land - Non-park $ 261,360 $ 1,524,600
Retail/Commercial Land $ 435,600 $ 1,742,400
Residential N/A N/A

Footnote: Office includes R&D Flex Space; Manufacturing includes Bulk Warehouse Space
 

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