Sentences with phrase «a office vacancy»

Office vacancy rate increases.

When Cape Bouvard began speculative construction on a $ 15 million, seven - level office building in early 2004, Perth's office vacancy rate was 12 per cent, the market outlook was dismal and construction costs were spiralling.

By 2022, the downtown office vacancy rate will arrive at a number somewhere between nine and 14 per cent, Trepp predicted.

Metro Vancouver's office vacancy has dropped to the lowest in North America, but gross office rents for the region remain among the most affordable, according to figures released by Jones Lang LaSalle (JLL).

When office vacancy rates went up during the recent depression, business suffered significantly.

Assembly Democrats have the vast majority of the votes in a special session and there is case law precedent for them appointing replacements in statewide office vacancies.

Data tell another story: Job growth in Erie and Niagara counties last year lagged behind the nation and rest of the state, the downtown office vacancy rate rose last year and poverty in the city of Buffalo — like its sister city Rochester — is climbing and ranks among the worst in the United States.

The Platinum Mile, a section of Interstate 287 in Westchester County, is fighting to reduce its Class A office vacancy rate, which now sits...

The national office vacancy rate has also fallen to 8.2 % in the first quarter from 9.3 % in 2011 according the CBRE Group.

Overall, office vacancies are now listed at 16 % nationwide, and this number is sure to increase.

With the current national office vacancy rate for all classes of space hovering between 14 % and 16 %, landlords these days are as intent on signing and retaining tenants as Shaquille O'Neal is on winning NBA championships.

Bach expects national office vacancies to top out north of 16 % this year followed by a period of slow but improving conditions beginning in 2003.

In New York the office vacancy rate, at about 4 percent, was one of the tightest in the country.

Office vacancies jumped from 8.6 % in first - quarter 2001 to 14.7 % in first - quarter 2002, according to Reis, which tracks an inventory of approximately 3.2 billion sq. ft. (see NREI's June 2002 issue).

Unemployment and office vacancy rates outperform most other metropolitan areas in the United States.»

Total office vacancy in East Plano averaged 18.9 percent in the fourth quarter of 2016, according to real estate services firm CBRE, and year - to - date net space absorption in the city was 1.78 million sq. ft.. That breaks down to 1.2 million sq. ft. for class - A space and 483,000 sq. ft. for class - B space for the year.

According to the report, Canada's office vacancy rate reached 7.8 per cent at the midway point of 2011, down from 9.9 per cent at mid-year 2010 and 8.4 per cent at mid-year 2009.

And office vacancy at the time had been above 16 %, where it now stands today, since 1985 (a five - year run).

Double - digit office vacancy rates typically have a way of restraining even the boldest developers.

Buying office vacancy has become the next frontier in a rejuvenated investment sales market, an almost incomprehensible notion among most real estate investors a year ago...

In the third quarter, office vacancies stood at 16.8 % and apartment vacancies were 6.6 %, according to research firm Reis Inc..

The CBDs that suffered the largest rent declines since 2001 — San Jose, San Francisco, Oakland, Boston, Austin, and Seattle — generally have recorded an improvement in the office vacancy rate, but there are some exceptions.

The overall national office vacancy rate dipped to 9.3 per cent in the first quarter, compared to 10.1 per cent for the same period in 2010.

As overall office vacancy dropped to 15.6 percent, rents ticked up 3.7 percent to $ 2.78 per sq. ft., from $ 2.72 per sq. ft. the previous year, and nearly 2.3 million sq. ft. of new office space got under construction.

The national office vacancy rate for all classes of space in the central business districts (CBDs) rose to 14.4 % in the third quarter, up from 10.6 % during the third quarter of 2001, according to New York - based Cushman & Wakefield.

The office vacancy rate there is almost 30 percent!

The U.S. office vacancy rate has continued to steadily decline, moving from 10.7 percent in 2015 to 10.4 percent in 2016.

The national office vacancy as of the third quarter is at its lowest point since before the recession, at about 13.4 percent, with some markets seeing historic increases in tenant demand and subsequent construction starts...

Office vacancy in the D.C. metro area was just 4 % at the end of July

Over the course of the past year, as oil prices hovered near the $ 30.00 per barrel mark, cities that rely on the energy sector for their economies, including Houston, Dallas, Denver and Tulsa and Oklahoma City, Okla., experienced office vacancies...

Office vacancy fell to 13.5 percent in the third quarter, according to a market report from commercial real estate services firm CBRE, a decline of 80 basis points from 14.3 percent in the third quarter of 2014.

Over the course of the past year, as oil prices hovered near the $ 30.00 per barrel mark, cities that rely on the energy sector for their economies, including Houston, Dallas, Denver and Tulsa and Oklahoma City, Okla., experienced office vacancies that spiked to double digits.

Meanwhile, office vacancy in Oklahoma City stood at 17.8 percent at the end of the first half of the year.

Total office vacancy in Houston currently stands at 14.7 percent, including space available for sublease.

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.

However, according to a recent report by JLL, office vacancies rose to 14.9 percent by the end of 2017, and are expected to reach an even higher percentage by the end of 2019.

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. Overall vacancy decreased eight basis points in the first quarter, however, because 390,286 sq. ft. of existing office space was demolished.

Office tenants mindful of uncertainty and turmoil expected in the year ahead exercised caution with expansion plans in the first quarter, resulting in a slight increase in office vacancy as new supply came on - line...

«While office vacancies in Ottawa have been on the increase due to government downsizing, this is likely to recover should a new party win the election and have a different, higher spending approach,» says Lucas.

Office vacancy fell to 13.5 perc...

Big city office markets are posting the strongest performance in decades, with the U.S. unemployment rate falling to less than 5.0 percent and office vacancy in many regions in the single digits.

National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as improved hiring increases the demand for office space.

The national office vacancy level of 16.2 % recorded during the third quarter of this year is at the same level it was in the third quarter of 1994, according to Torto, which is when the office market was just beginning to recover.

The markets with the lowest office vacancy rates are Washington, D.C. and New York City and cities with the highest are Detroit and Dayton, Ohio.

The markets with the lowest office vacancy rates in the first quarter are Washington, D.C., at 8.7 percent; New York City, 9.0 percent; Little Rock, Ark., and Seattle at 11.5 percent; and San Francisco, at 12.0 percent.

This rate of job growth, if it persists, should be strong enough to start pushing down office vacancy rates.

«We see the office vacancy rate climbing toward the end of the year, which is something we've been anticipating as job creation slows,» says Sam Chandan, chief economist for Reis, a New York - based commercial real estate research firm.

The national office vacancy rate declined by 10 basis points during the first quarter to 17 percent, marking exactly the same pace as the decline recorded in the prior quarter.

Office vacancy in central business districts (CBDs) declined 20 basis points to 10.9 % in the third quarter while suburban office vacancy remained flat at 14 %, according to Chicago - based real estate brokerage Grubb & Ellis.

The smaller change between the third and fourth quarters of 2001 is most likely due to tighter credit standards associated with the recent downturn in the economy, increased office vacancies and problems in the hospitality industry.