Sentences with phrase «a office vacancy rate»

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.

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

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.

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.

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

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

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.

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

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.

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.

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 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.

«The past few years have been booming in Atlanta, but with the technology decline there has been a noticeable increase in office vacancy rates; the apartment occupancy rates have been touched by the decrease in the number of jobs created each year; all of which are affecting the retail market.»

Office leasing declined in New Jersey in the first quarter, but the state's office vacancy rate is the lowest in nine years, according to the Wall Street Journal.

Office leasing declined in New Jersey in the first quarter, but the state's office vacancy rate is the lowest in nine years...

The markets with the lowest office vacancy rates currently are New York City and Honolulu, with vacancies in the 8 to 9 percent range.

Backed by the ongoing stretch of outstanding job creation in recent years, national office vacancy rates are forecast by... Read More

Where else can the overall office vacancy rate cling tenaciously to the 10 % level while there is about 5 million sq. ft. of office space under construction or can industry developers add 15 million sq. ft. in one year...

U.S. office vacancy rates of almost 16 percent in third quarter 2002 have made landlords more pessimistic about the prospects of a recovery in 2003, says Reis Inc..

For example, office vacancy rate fluctuations in Atlanta have been noticeably more severe compared to Los Angeles.

Persistent lackluster U.S. job growth was behind the 0.1 percentage point U.S. office vacancy rate decline.

NEW YORK (Reuters)- The office vacancy rate fell only slightly during the first quarter, as a lack of significant job growth continued to impede demand for space, according to a quarterly report released on Tuesday.

The downtown Chicago office vacancy rate dropped in the third quarter to a 10 - year low of 10.7 percent from 11.1 percent in the previous quarter and 13.9 percent a year earlier, according to CB Richard Ellis, a commercial real estate firm.

The downtown office vacancy rate was 12.7 percent in the third quarter, down from a post-recession peak of 14.3 percent two years ago, but still above rates in the 10.5 percent range in 2008.

Just a few short years ago, real estate experts were warning that Toronto was building far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the lowest office vacancy rate of any major centre on the continent.

On CBC Radio's Metro Morning Thursday, Morassutti outlined why he thinks Toronto's downtown office vacancy rate has dropped below five per cent, ahead of San Francisco, mid-town Manhattan and Boston as the lowest in North America, according to figures from his company which is the world's largest commercial service provider selling and leasing real estate.

Office Markets Office vacancy rates are forecast to remain unchanged at 15.7 percent through the third quarter of 2015.

National office vacancy rates are forecast by Realtors ® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space.

NAR predicts that the national office vacancy rate will drop 1.1 percentage points to 12.1 percent this year.

Class - A office vacancy rate in the CBD sits at 14.4 %, below the national average but the highest level in three years, according to CoStar Group Inc..

The office vacancy rate in all of Broward County — which includes the city of Fort Lauderdale and outlying areas — is on the rise.

The national office vacancy rate will drop from the current 6.2 per cent by the fourth quarter of 2008 to 5.6 per cent as...

The markets with the lowest office vacancy rates presently are Washington, D.C., with a vacancy rate of 9.3 percent; New York City, at 10.3 percent; and New Orleans, 12.8 percent.

The report says that of the five surveyed markets, only Calgary will see a rise in office vacancy rates in the coming year.

The slowing pace of development should allow for Atlanta's office vacancy rates to stabilize through positive absorption in 2010, reaching a natural balance of supply and demand.

According to CB Richard Ellis, the national office vacancy rate is still on the rise, registering 14.6 % in the second quarter, up from 14.2 % in the first quarter.

The downtown office vacancy rate came down to 17.2 percent at the end of 2005 from 17.6 percent at midyear, and sublease space is being absorbed despite the addition of new buildings, Mattox said.

The downtown office vacancy rate rose sharply during the fourth quarter, to 15.1 percent, as downtown businesses continue to contract.

Office vacancy rates nationwide hit a five - year peak during 2002's first three months, 14 percent in the Central Business District, 20 percent in the suburbs, according to recent data published by Cushman & Wakefield, among the world's biggest real estate service companies.