Sentences with phrase «office vacancy down»

Not exact matches

Total office vacancy in East Plano averaged 18.9 percent in the fourth quarter of 2016, according to real estate services firm CBRE, and year - to - date net space absorption in the city was 1.78 million sq. ft.. That breaks down to 1.2 million sq. ft. for class - A space and 483,000 sq. ft. for class - B space for the year.

According to the report, Canada's office vacancy rate reached 7.8 per cent at the midway point of 2011, down from 9.9 per cent at mid-year 2010 and 8.4 per cent at mid-year 2009.

However, Whyte noted that office and industrial vacancy rates are ticking down while retail and apartment rates are still rising.

This rate of job growth, if it persists, should be strong enough to start pushing down office vacancy rates.

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).

Earlier this year, Colliers International's 2015 Outlook report for the sector noted that the national vacancy rate for medical office buildings (MOBs) is at 10.9 percent, down almost 12 percent since 2009.

Medical office investors today have to be thankful they're already in the game — vacancy in the sector is down, investment sales are at their highest and new construction is still falling behind current demand.

Also, a warning on pursuing expired listings, affordability figures, and office vacancies are down.

When the economy grows rapidly, office demand grows rapidly as well, pushing vacancy rates down, and rents, cap rates and property prices up.

The downtown office vacancy rate was 12.7 percent in the third quarter, down from a post-recession peak of 14.3 percent two years ago, but still above rates in the 10.5 percent range in 2008.

The vacancy rate for office space was still 17.2 percent in the first quarter, down only a few basis points of a peak of 17.6 percent.

Office vacancy will end 2012 at 22.2 percent, down 70 basis points from the year before, and class - A vacancy will likely hover around 20 percent by year end, according to Marcus & Millichap, which also cites strong job growth in its third quarter report.

Ted Stratigos, principal and managing director of Avison Young's Long Island office, says tech office users and gentrification have forced out industrial tenants from Brooklyn and Queens into Nassau County, driving down vacancy and pushing rents to record highs.

Toronto, which represents over 40 per cent of the total Canadian office market, will have projected vacancies in the central office market reach a tight 3.8 per cent vacancy in late 2008, down from 6.2 per cent at the end of 2006.

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.

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...

Montreal — With a vacancy rate of 6.60 per cent (down from 9.10 per cent at the end of 2007) and no new supply of office space on the horizon, the office market, primarily in the core business district, is expected to hold its own during challenging economic conditions.

The downtown office vacancy rate came down to 17.2 percent at the end of 2005 from 17.6 percent at midyear, and sublease space is being absorbed despite the addition of new buildings, Mattox said.

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.

Look for office vacancies to move up to about 13 percent by the second quarter of 2002, then head back down in the fourth quarter to between 12.5 percent and 12.9 percent, NAR analysts say.

To end the year, office vacancy decreased slightly to 12.1 percent, down from 12.3 percent in the third quarter and 12.6 percent a year ago, according to CBRE Research.