This rate compares favorably to the 10.8 percent of
the industrial property vacancy in the first quarter of 2010.
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.
Across the country,
vacancies in
industrial properties reached 8.7 % in the first quarter.
National
vacancy rates are currently more than 15 % for office space and 10 % for
industrial properties, and have risen notably for apartments.
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 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...
Topics: Tucson,
Industrial, Commercial real estate, Economic development, Investment
property, Absorption, Market trends,
Vacancy, Lease rates, Leasing, Office, Medical office, Apartments, Multifamily
Topics: Tucson,
Industrial, Economy, Commercial real estate, Investment
property, Absorption, Market trends,
Vacancy, Lease rates, Warehouse, Leasing
Topics: Tucson,
Industrial, Commercial real estate, Investment
property,
Vacancy, Leasing, Manufacturing
Topics:
Industrial, Commercial real estate, Investment
property, Market trends, Vacancy, Warehouse, Property ma
property, Market trends,
Vacancy, Warehouse,
Property ma
Property management
; •
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.