Sentences with phrase «highest office vacancy rate»

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.

CB Richard Ellis director of office leasing Andrew Denny said that even these figures masked an unrealistically high future CBD vacancy rate.

«Under our models, even with an office oversupply scenario, the highest vacancy rate to be expected is 16 percent,» he told WA Business News.

Office buildings located within 500 meters of rapid transit stations generally benefit from lower vacancy rates and higher rents than those areas not served directly by rapid transit.

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 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.

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).

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.

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.

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

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.

Given high vacancy rates and lenders that are still skittish about committing relatively large amounts for construction and development financing, it is hard to justify breaking ground on new office projects, Reis said.

The key question, however, is who would lend $ 1.2 billion to the Kushners to refinance an aging office tower with high vacancy rates?

According to Reis Inc. statistics, the current office - vacancy rate is a little more than 16 percent, where it has stagnated for a few years after falling from a high of 17.

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..

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.

This percentage is referred to as structural, or natural or normal vacancy rate and it differs by property type (lower for apartments / housing and higher for office).

Across Fairfield County, the office market continues to struggle with high vacancy rates.

Q1 2017 saw a surge in rent and a slightly higher overall vacancy rate as new, quality supply hit the U.S. office market.

Office property istings in major U.S. cities are beginning to surge as values rise, while suburban office markets continue to suffer from high vacancy Office property istings in major U.S. cities are beginning to surge as values rise, while suburban office markets continue to suffer from high vacancy office markets continue to suffer from high vacancy rates.