This situation is typical for the markets at the early stage of development due to the fact that developers tend to reduce the risks associated with long-term business. It may be noted that the maximum selling price is marked on the retail space with small rooms on the first floor of the central streets of the city, as well as at shopping centers for new construction. In the near future we can predict structural changes in the market commercial properties – will increase the number of shopping centers through new construction, with a gradual decrease in the aging formats of trade, such as markets. Given that the investment attractiveness major Russian cities is gradually decreasing due to the saturation of retail properties with a high degree of confidence we can predict an increase in investment interest of market players trade Property for cities with fewer than 500 thousand people, including the Vologda. Industrial and warehouse real estate growth of the intensity of retail trade, increase in freight traffic passing through the Regional center leads to an increase in demand for storage space – less popular segment of the commercial real estate, featuring a not so high yields and a longer payback period. Meanwhile, the total storage facilities, currently operating in Vologda, gradually increases. Perhaps, as the saturation of other segments of commercial real estate market and reduce the profitability of their building stock facilities will attract more investor attention. The main factors that affect the growth of investment attractiveness of the market warehouses, are to improve the investment climate in Russia stable growth, the development of the retail sector and the market penetration of large Russian and foreign companies in need of modern warehouse complexes.
Currently, the largest in Vologda demand of industrial and warehouse space to 500m2. The cost of such facilities is maximal. Owners of storage facilities for the most part prefer to use them for rental, so most of the stores offered for sale is located in remote areas of the city, requires a significant investment for the refitting and repair. Despite the fact that the warehouse and production space companies that are adapted for storage, use sufficient demand, it is clear that the market there are a lot of unused space. Proposals for the delivery of warehouse space is little, so as to most are long-term contracts.