Sentences with phrase «markets office vacancy rates»

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

Not exact matches

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.

Anthony Scott, director of research with Barclay Street, said the first - quarter vacancy rate in Calgary's suburban office market was 17.7 per cent.

«Despite the fact that Metro Vancouver has one of the lowest vacancy rates, we're still the third-most affordable in North America, which would suggest that perhaps we've got some runway in terms of rental - rate appreciation,» Trepp said while leading a panel discussion on the office market.

Salesforce's lease is expected to accelerate improvements to Downtown Indianapolis» office market, which for years has had a vacancy rate of around 20 percent.

Conditions in the office market continued to be soft over the first half of the year, with the national vacancy rate rising and effective office rents declining.

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Developer Marvin Romanek says the strong market is partly because some institutional investors sense a recovery in tenant demand for office space, despite the high vacancy rates.

The deal, with an estimated annual yield of about 6.4 percent, reflects the surprising strength of the investment market for suburban office properties, despite rising vacancy rates.

The takeaway from this exercise is that office employment does serve as a highly reliable market indicator, but more so when vacancy rates are lower than the national average.

Still the analysis clearly demonstrates the importance of having this third indicator for analyzing market conditions and for monitoring office employment trends over time to get a better, more rounded sense of the local market than vacancy rates and rent trends alone can provide.

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.

Though the technology sector might be the heart of today's office leasing activity, in Boston the life sciences sector is the life blood, as the city's market attracted eight of the industry's top 10 firms and is currently experiencing an average vacancy rate of only 5.5 percent.

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 %.»

According to New York - based Reis Inc.'s survey of the top 50 office markets, the vacancy rate grew by 0.4 % to 15.7 % in the third quarter, compared with a 0.6 % increase in the second quarter and a 1 % jump in the first quarter.

«Robust office demand is expected to continue to outpace new supply in the near future, leading to further tightening of the vacancy rate and keeping rent growth above inflation in a majority of U.S. office markets.»

Compare that to the office sector's 17.5 percent vacancy rate and industrial's 17 percent, and it's easy to see that retail properties are propping up the market during the current economic downturn.

The stubbornly soft office market, which posted a national vacancy rate of 14.4 % in the third quarter, according to CB Richard Ellis, faces a long - term challenge.

The stubbornly soft office market, which posted a national vacancy rate of...

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 vacancy rates declined and net absorption inched upward, indicating healthy market fundamentals in the office sector.

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.

Johannesburg's office market once again recorded the highest vacancy rate, albeit an improvement from the previous quarter (down to 12.6 % compared to 13.3 % in Q2).

«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.»

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade.

In addition, the San Francisco Bay Area remains the tightest of the top 10 office markets with a 5.6 percent overall vacancy rate, and vacancy as low as 2.0 percent in the Silicon Valley markets.

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade, according to Colliers.

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

Historically, the downward path of the cycle in the office property market has occurred, because just when this large pipeline started coming out in the market, demand was weakening, thus creating oversupply conditions, with vacancies rising, and rents, cap rates and values declining.

On the contrary, when the local office market is weak, with low absorption, high vacancy rate and declining rents office capitalization rates are low.

With development grounded, rents dropping and vacancy rates hovering around 20 percent, the Chicago office market remains mired in the downturn.

Similarly, if the office property under consideration entails greater risk than the market average (due for example to higher vacancy rate or poor location) then it should command a higher capitalization rate.

Topics: Tucson, Industrial, Commercial real estate, Economic development, Investment property, Absorption, Market trends, Vacancy, Lease rates, Leasing, Office, Medical office, Apartments, MultiOffice, Medical office, Apartments, Multioffice, Apartments, Multifamily

Scientific forecasting of the office market cycle requires historical data on office rents, office space supply, and vacancy rates.

Office market analysis needs to identify and examine the exogenous factors that determine variations in the normal vacancy rate and implicit equilibrium rent across local markets and through time, especially when analyzing several office markets for comparison and investment purOffice market analysis needs to identify and examine the exogenous factors that determine variations in the normal vacancy rate and implicit equilibrium rent across local markets and through time, especially when analyzing several office markets for comparison and investment puroffice markets for comparison and investment purposes.

Topics: Tucson, Commercial real estate, Economic development, Absorption, Market trends, Vacancy, Lease rates, Leasing, Office, Medical Office, Medical officeoffice

Topics: Tucson, Commercial real estate, Investment property, Absorption, Market trends, Vacancy, Lease rates, Leasing, Office, Medical Office, Medical officeoffice

Although, it is not customary for typical office market studies, such an exercise can facilitate the estimation of the structural vacancy rate for each market, if appropriate cross-section data are available, when more advanced office market analysis is performed.

With a current Class A vacancy rate of less than 2 percent according to Krumwiede, the Tempe office market is on fire.

By Justin Summer COSTAR July 18, 2011 Net Absorption Positive 16,150 SF in the Quarter The Tucson Office market ended the second quarter 2011 with a vacancy rate of 12.5 %.

The prospect of another big building getting under way is seemingly at odds with the overriding trends in the downtown office market, which has been marked by rising vacancy rates.

Changes in the vacancy rate provide further evidence of the strength of energy - focused office markets.

The office market is also relatively strong, with a vacancy rate of 16.6 percent, according to Reis.

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.

So, why does the Atlanta office market still sit at a vacancy rate of 22.6 %, according to Grubb & Ellis?

For office, the report is positive, classifying 32 downtown areas as being in the «expansion» phase, which includes strong demand, tight market conditions leading to low vacancy rates, robust rental growth and decreasing overall cap rates.

Ottawa — Like Calgary, the Ottawa office market saw a rise in vacancy rate over the past 12 months from 5.60 per cent to 6.30 per cent and stable rents of $ 17.23 per sq. ft.. Yet the market is expected to remain solid thanks to the stabilizing presence of the federal government, although a slight increase in vacancies is expected to occur due primarily to new supply and some space - juggling before it is absorbed relatively quickly both by the private and public sectors.

Canada's office market is well positioned going into the projected recession, thanks to its strong performance during recent years that drove vacancy rates down to historically low levels and continued to drive rents higher through 2008, says an analysis by Colliers International.