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Commercial Real Estate News

For Southeast Alaska

Spring 2019

TOURISM RETAIL VACANCIES DOWN—AS TOURSHIP PASSENGER VOLUME INCREASES IN 2019 A noticeable trend is apparent along South Franklin Street—The number of retail vacancies is down considerably over last year, which is reflective of higher passenger...
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Winter 2018

LOCAL LENDERS OBSERVE NATIONWIDE TREND OF CLOSING BRICK AND MORTAR LOCATIONS Juneau, Alaska is observing the same trend seen in the lower 48:  Brick and Mortar locations for bank and credit union branches are closing...
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Fall 2018

STREET CONSTRUCTION MOVES UP FRANKLIN STREET The City and Borough continues to push the construction of new street and sidewalk improvements farther up Franklin Street, according to a recent bulletin.  At present, the project is...
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Spring / Summer 2018
April 19, 2018

Spring / Summer 2018

CBJ CONTINUES ITS FRONT STREET RECONSTRUCTION PROJECT Planned in two phases, the Front Street reconstruction project is in full swing with the spring phase in its second month. This phase will end on June 1....
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Winter/Spring 2017-18

JUST WHEN YOU THOUGHT THAT THE HOUSING CRISIS WOULD CONTINUE INTO 2018, the City and Borough estimates that all residential vacancies total at least 5.5% of the available apartment inventory. This is in large part...
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Fall/Winter 2017

KETCHIKAN CELEBRATES ITS ONE MILLIONTH CRUISE SHIP PASSENGER. This week, municipal officials in Ketchikan will greet their one millionth cruise ship passenger who will be given several recognition gifts as the tour industry celebrates the official “recovery”...
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Fall 2017

JUNEAU’S LEASE MARKET FOR OFFICE SPACE CONTINUES STRONG BUT TRENDS SUGGEST SOFTENING OF SOME TERMS. Leasing of office spaces in Juneau continues at stable base rates, but some softening in other terms reflect concerns about...
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Summer 2017

NEW OFFICE BUILDING RISES NEXT TO HARRIS HARBOR ON THE WATERFRONT. The Marine Exchange, a maritime version of a traffic controller for ocean going vessels in the pacific is building a 5,000 sf three story...
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Spring 2017

JUNEAU EMPIRE MAKES “NON-ANNOUNCEMENT” OF WAL MART PURCHASE. The Juneau Empire recently covered a short story on the sale of the Wal Mart location here. But the details were lacking. We predicted this over one...
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