The term
"net absorption" refers to the difference between the amount of space that is leased or occupied by tenants and the amount of space that becomes vacant or unoccupied due to tenants moving out. It indicates whether more space is being leased or vacated in a particular area or market.
Full definition
The region has experienced
positive net absorption with growing amounts of leasing activity due to favorable population growth.
This has resulted in the first full year of negative
net absorption in investment - grade apartments since the 1980s.
* As measured
by net absorption, the change in the amount of leased and occupied space, compared with the prior period.
This
lower net absorption may be tied to the office trends of rising flex space and increasing numbers of remote employees.
Most industrial markets have experienced strong leasing activity and
solid net absorption over the past year.
While
net absorption remains positive, it still isn't catching up with supply and isn't having a «tangible effect» on market fundamentals.
Demand for office space remains vigorous with
strong net absorption, tightening vacancies and rental rates recording consistent gains.
There is also H2O overlap in the absorption bands of CO2, which could diminish CO2's
net absorption somewhat too I suppose.
Features such as that occur more frequently and are larger when the oceans globally are in
net absorption mode (surface cooling) such as now.
The industrial market posted strong leasing activity, declining vacancies, and diminished supply, which should set the stage for
accelerating net absorption and rising rents in upcoming quarters.
Market fundamentals remain relatively sound as demonstrated by a healthy decline in overall vacancy, along with positive
net absorption throughout the county.
Net absorption of retail space in 53 tracked markets is projected to be 4.8 million in 2011.
But, by and large, in all sectors you see
positive net absorption, falling vacancy and reasonably good rental growth.
Demand for space, as measured
by net absorption, fell nearly 1.4 million square feet during the quarter, as downtown businesses continue to contract.
Suburban offices account for 60 percent of the nation's total inventory and up to 80 percent of
total net absorption since 1980, according to the spring 1998 issue of CB Richard Ellis Market Watch.
The sector has posted positive
net absorption rates three times since the recovery got underway in 2010, while balancing that out with vacancy rates that have dropped steadily...
Total office vacancy for Washington D.C. stands at 12.5 percent, according to JLL, and year - to -
date net absorption is at negative 218,756 sq. ft.
After the housing market crashed, more people opted to rent than prior to 2009, and
net absorption soared in the early years of the recovery...
Nationally, brokerage firm Marcus & Millichap
estimates net absorption of nearly 90 million sq. ft. for the office market in 2016.
Occupied stock rose by 11.2 million sq. ft. in the fourth quarter, the strongest figure for
net absorption since 2007.
Office
net absorption rose 13 % quarter - on - quarter, driven by the occupation of pre-leased space in new projects and stabilization in Singapore and Seoul.
Ratiu said the sector saw 257 million square feet of
net absorption last year and growth of 6.6 percent in price per square foot.
According to real estate services firm JLL, 78 percent of U.S. industrial
net absorption activity in the first quarter was dominated by move - ins to facilities that were built in the past 27 months.
The impact on occupancy rates may have affected the data NIC recently reported for the first quarter of the year, where there was a slowdown in
net absorption from the fourth quarter.
In the colon, potassium may be absorbed, but it is usually also secreted,
so net absorption does not regularly occur [8].
The vacancy rate was up over the previous quarter,
with net absorption totaling negative 66,319 square feet... Continue reading >>
However, the outlier metros mentioned above had lower
net absorption numbers, and similarly, higher overall vacancy rates.
The net amount of space leased during the second quarter was 1.5 million sq. ft., which
brings net absorption for the year to 3.1 million sq. ft. «That was clearly more than we anticipated for the entire year,» adds Barrett.
The report notes Gulf Coast ports are also winners in the trade wars, particularly Port Houston, which was the strongest port - centric industrial market in the U.S., averaging 2.3 million square feet of total
net absorption over the past 10 years.
«The projected imbalance
between net absorption and completions will increase the upward pressure on retail vacancy rates, as well as on concession levels for new and renewing tenants,» Chandan says.
National vacancy rates declined and
net absorption inched upward, indicating healthy market fundamentals in the office sector.
Buoyed by continued job growth, with 2.2 million jobs added in 2016 and another 2 million predicted this year, the report
forecasts net absorption of 83 million sq. ft. nationally in 2017, with another 20 basis point decline in U.S. vacancy to 14.3 percent, marking the low point of the current cycle.
According to Rockwood Real Estate Advisors, this submarket recorded the highest average asking rate, the
greatest net absorption and the second lowest vacancy rate in the Las Vegas office market during the fourth quarter of 2012.
Phrases with «net absorption»