Sentences with phrase «ft. overall vacancy»

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.

Not exact matches

Despite the construction activity, retail vacancy rates are at its lowest point in a decade with overall shopping center vacancies dipping to 7.3 % during the second quarter, according to a CB Richard Ellis survey of properties 50,000 sq. ft. and greater.

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.

Total GLA for retail space in Hawaii is 15.5 million sq. ft., with an overall vacancy factor of about 6 percent, according to Fridley.

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...

Tight vacancy resulted in a 14.1 percent year - over-year spike in asking rents, to $ 27.10 per sq. ft. in the CBD and a 3.00 percent spike, overall to $ 21.51 per sq. ft.

However, with the delivery of three new office buildings totaling 1.6 million sq. ft. of vacant space in the first quarter — Phipps Tower and 3630 Peachtree in Buckhead, and 1075 Peachtree in Midtown — overall vacancy rates continued to rise despite the positive absorption numbers.

Overall office vacancy in the city averaged 8.5 percent, and average asking rent is $ 35.60 per sq. ft.