Industrial vacancies in the South Bay market are already dipping near 5 percent, says Jesse A. Laikin, SIOR, senior vice president of Lee & Associates in Gardena, Calif..
Not exact matches
With a reputed
vacancy rate of less than 2 % on more than 40 million square feet of
industrial, office and retail property
in the GTA, the company is known for moving fast, despite the high - octane distraction of the Canadian Tire Motorsport Park, Fidani's pet project.
Yet even with the new construction, Baltimore's
industrial vacancy rate is falling, dropping to about 9.6 percent
in the third quarter from 13 percent three years earlier, according to a report issued Friday by Cassidy Turley.
The biggest number of
vacancies is
in accounting and professional services (4,442
vacancies available), the public sector (3,415 job openings), investment banking (2,148 openings) and engineering and
industrial (1,650
vacancies).
Glen Callum Associates are leading automotive and
industrial recruitment specialists, incorporating jobs
in sales, management, marketing, technical, product management, warehouse & logistics, purchasing, operational
vacancies and Directorship posts.
This rate compares favorably to the 10.8 percent of the
industrial property
vacancy in the first quarter of 2010.
Across the country,
vacancies in industrial properties reached 8.7 %
in the first quarter.
In the Sarasota - Bradenton MSA to the south, retail
vacancy has dropped from 17 percent to 10 percent the last two years, says Tom Richardson, president for Sarasota - based Commercial and
Industrial Properties Inc..
So it's not surprising that with a 14.3 percent jump
in imports during 2010, according to Mario Moreno, economist with The Journal of Commerce, the overall national
industrial vacancy rate fell to 10.2 percent at the end of first quarter of this year, down from 10.3 percent at the end of 2010, according to Cushman & Wakefield.
Industrial vacancy rates are likely to decline from 12.7 percent
in the current quarter to 12.1 percent
in the third quarter of 2012.
Looking at commercial
vacancy rates from the third quarter of this year to the third quarter of 2012, NAR forecasts
vacancies to decline 0.3 percentage points
in the office sector, 0.6 points
in industrial real estate, 0.7 points
in the retail sector, and 0.9 percentage points
in the multifamily rental market.
Nineteen markets recorded positive absorption, with 14 also seeing drops
in vacancy, indicating a national trend for
industrial space surpassing supply, the researchers noted.
The
industrial vacancy rate is projected to hit 10.9 percent
in 2002, but slip to 10.4 percent
in 2003.
From his Los Angeles office, Craig Meyer, SIOR, sits
in the middle of an exceptionally - tight
industrial real estate market, featuring what the 2008 - 09 SIOR President says is a «16 - year - low
in vacancy» with rates «under 2 %.»
Industrial vacancy rates are expected to fall from 8.7 percent
in the first quarter to 8.3 percent
in the first quarter of 2016.
«We saw a 0.3 percentage point decrease
in industrial vacancies during the second quarter of 2010, which is significant
in a 1 billion - square - foot national market,» Bach says.
These figures mask wide differences
in markets, though, with distribution hubs such as Los Angeles, Las Vegas, and northern New Jersey maintaining low
vacancies (6 percent to 8 percent) and solid rental growth (1 percent to 2 percent), while many older
industrial areas are still struggling to fill space.
«This is why
industrial vacancy is so low,» Tolliver notes, adding that growth
in the retail logistics sector will continue to be a boon for the
industrial sector for the foreseeable future.
Industrial vacancies jumped to 10.7 percent
in the second quarter, the biggest quarterly increase
in 22 years, according to Grubb & Ellis.
Industrial vacancy rates are likely to fall from 9.2 percent
in the fourth quarter of this year to 8.6 percent
in the fourth quarter of 2014.
Office,
industrial, and retail are all expected to inch back, with slight declines
in vacancies and positive growth
in net absorption and rents.
Miami's
industrial market, currently enjoying record low
vacancy of about 4.5 percent, is attracting more powerful investors who want to buy
in as demand overwhelms supply and new Panamax - sized ships pull up to the newly expanded port...
The trio discussed changes
in the retail sector due to shifting consumer preferences, the downsizing of office properties to accommodate a growing millennial workforce, the booming
industrial sector buoyed by e-commerce and enhanced trade, and strong multi-family performance leading to lower
vacancy rates.
The
industrial property sector is posting continuous gains, joining
in on the commercial real estate recovery with low
vacancy rates and rising rents...
Cassidy Turley's research shows that national
industrial vacancies dropped from 10 percent
in 2010 to 8 percent
in the third quarter of 2014.
Cushman & Wakefield sees a largely positive labor market that will continue to drive strong absorption
in industrial, although less than record levels
in 2014 and 2015 leading to a 5.9 % overall
vacancy rate, some of the best conditions ever seen
in the sector.
Positive momentum accelerated
in the Tucson
industrial market during the second quarter, with
vacancy improving to 8.6 % on positive net absorption of 252,815 square feet (SF).
Industrial vacancy rates are expected to slide from 9.4 percent
in the second quarter of this year to 8.9 percent
in the second quarter of 2014.
With roughly 93.6 million square feet of class A
industrial space, greater Mexico City area
industrial vacancy is at one of its lowest points
in the past decade.
With accelerating improvement
in vacancy from 9.2 % to 7.8 % year - over-year, Tucson's
industrial market reported the strongest annual gain since 2006 and the lowest
vacancy mark since Q3 2008.
Industrial market lease rates continue to climb, with
vacancy rates among the tightest
in the nation.
The
industrial vacancy rate hit 3.9 per cent at the end of 2017, the lowest since 2001, with rents up 15 per cent
in Vancouver and 7.3 per cent
in Toronto from 2016, according to Cushman & Wakefield.
Healthy demand from an increasing diversity of companies fueled sustained growth
in the local
industrial market
in 2016, creating upward pressure on rental rates while suppressing the
vacancy rate.
Rising lease rates combined with low
vacancy have also prompted developers to build spec products
in other
industrial categories as well.
The e-commerce boom and port growth have helped shrink
industrial vacancy to near zero percent
in popular markets.
; •
Vacancy rates are expected to drop
in a range of between 1.2 and 3.7 percentage points for office, retail, and
industrial properties and remain stable at low levels for apartments; while hotel occupancy rates will likely rise; • Rents are expected to increase for all property types, with 2012 increases ranging from 0.8 percent for retail up to 5.0 percent for apartments.
Vacancies are declining
in all four commercial sectors — residential, office, retail and
industrial.
Further, the
vacancy rate
in the
industrial space is predicted to drop 1.3 percentage points to 7.1 percent, while retail space availability will likely drop slightly by 0.7 percentage points to 11.2 percent.
Industrial vacancy rates are projected to decline from 12.3 percent
in the fourth quarter of this year to 11.7 percent
in the fourth quarter of 2012.
Looking at commercial
vacancy rates from the fourth quarter of this year to the fourth quarter of 2012, NAR forecasts
vacancies to decline 0.6 percentage point
in the office sector, 0.4 point
in industrial real estate, 0.8 point
in the retail sector and 0.7 percentage point
in the multifamily rental market.
National
vacancy rates
in the office sector are set to decrease to 12.1 percent, while those
in the
industrial space and retail sectors are set to decrease to 7.1 percent and 11.2 percent,
in order.
The apartment
vacancy rate is expected to be stable near its recent historical lows, while
vacancy rates
in the office,
industrial and retail sectors are projected to edge down.
Industrial vacancy rates are expected to fall from 8.9 percent
in the third quarter to 8.5 percent
in the third quarter of 2015.
Industrial vacancy is at an all - time low, declining by 70 basis points from a year ago to an aggregate nationwide vacancy of 5.6 percent in the fourth quarter of 2016, according to the year - end industrial market report from real estate s
Industrial vacancy is at an all - time low, declining by 70 basis points from a year ago to an aggregate nationwide
vacancy of 5.6 percent
in the fourth quarter of 2016, according to the year - end
industrial market report from real estate s
industrial market report from real estate services...
Industrial / warehouse — Availability rates are expected to continue to decline
in 2015 and 2016, with year - end
vacancy rates at 9.7 percent and 9.5 percent, respectively, and remain steady
in 2017 at 9.5 percent.