Sentences with phrase «office vacancy in»

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

Office vacancy in central business districts (CBDs) declined 20 basis points to 10.9 % in the third quarter while suburban office vacancy remained flat at 14 %, according to Chicago - based real estate brokerage Grubb & Ellis.

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.

Total office vacancy in Houston currently stands at 14.7 percent, including space available for sublease.

Meanwhile, office vacancy in Oklahoma City stood at 17.8 percent at the end of the first half of the year.

Office vacancy in the D.C. metro area was just 4 % at the end of July

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.

«While office vacancies in Ottawa have been on the increase due to government downsizing, this is likely to recover should a new party win the election and have a different, higher spending approach,» says Lucas.

Not exact matches

In Beijing, where the official commercial vacancy rate is 30 % but approaches 50 % in many pockets, developers go to great lengths to make empty buildings look occupied, going so far as to paint silhouettes of office workers in stairwellIn Beijing, where the official commercial vacancy rate is 30 % but approaches 50 % in many pockets, developers go to great lengths to make empty buildings look occupied, going so far as to paint silhouettes of office workers in stairwellin many pockets, developers go to great lengths to make empty buildings look occupied, going so far as to paint silhouettes of office workers in stairwellin stairwells.

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.

The Knight Frank report, suggesting vacancy levels will lift to 24 per cent, came in response to the mid-year Property Council of Australia office market report.

The company's offices are located in a start - up hotbed near the Massachusetts Institute of Technology, where commercial vacancies are rare and good space is expensive.

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.

Offshore buyers are increasingly interested in Perth office stock, but limited assets for sale and the city's rising vacancy rate are stifling opportunities.

Recently a vacancy in the bank's Caribbean office resulted in her being temporarily transferred to Nassau, Bahamas — home of icing - sugar beaches, fantastic seafood and non-stop parties.

Rising vacancies and falling rents in Perth's CBD office market are putting tenants in prime position to score favourable deals, while the conditions could also result in potential bargains for institutional investors.

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.

The suburban office sector ended last year with an average vacancy rate of 9.3 percent, compared to 12.3 percent for the central business district (CBD), reports Valuation International, Ltd., (VIL) of Atlanta in its publication Viewpoint 1998.

Metro Vancouver's office vacancy has dropped to the lowest in North America, but gross office rents for the region remain among the most affordable, according to figures released by Jones Lang LaSalle (JLL).

Trepp and his fellow panelists agreed that even with up to 1.5 million square feet of new office space potentially delivered to market in the next three to five years, the Vancouver market would remain «in balance», peaking at no higher than 14 per cent vacancy when the new supply arrives.

«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.

Like South Lake Union, those areas are filled with outdated buildings and underused properties, including yawning vacancies in some of the office buildings.

With vacancy rates shrinking and rents climbing, developers see a safe bet in a city with a lot of condos, but not a lot of offices

Sydney real estate is going through significant regeneration, which coupled with ongoing light rail works have resulted in very low vacancy rates of around 4 % in commercial office space.

Low vacancy rates in office spaces are important to the continuing success of both the cleaning and carpet cleaning sectors, as they depend on getting most of their business from offices and commercial buildings.

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.

This pattern appears broadly consistent with information on office rents and vacancy rates, which suggest that demand for office space is stronger in New South Wales than elsewhere.

The fourth vacancy came when Assemblyman Tom Kirwan died in office last November.

«Since this vacancy first occurred, the position of our entire Senate Majority conference has been clear and I will reiterate it now: No one who intends to seek this office in November should be a candidate to fill the position in the short - term,» he said.

Assembly Democrats have the vast majority of the votes in a special session and there is case law precedent for them appointing replacements in statewide office vacancies.

Democrats aren't the only ones exploring their options when it comes to the unexpected vacancy in the state attorney general's office.

Under the state constitution, the Legislature picks a successor when there is a vacancy in the attorney general's office.

The vacancy in the AG's office has sparked a free - for - all for the position.

She outlined the two functions of the Democratic State Committee — electing candidates for statewide office in case of a vacancy, and putting forward resolutions to shape the party platform.

If such vacancy occurs in the office of a delegate - at - large, such vacancy shall be filled by a vote of the remaining delegates - at - large.

Whenever there is a vacancy in the office of the Vice President, the President shall nominate a Vice President who shall take office upon confirmation by a majority vote of both Houses of Congress.

Per Article V, Section I (13) of the New Jersey Constitution, in the event of a vacancy in the office of treasurer, the governor with the consent of the state Senate, appoints a new officeholder.

Under the state constitution, the legislature picks a successor when there is a vacancy in the Attorney General's office.

State law allows the governor to appoint a U.S. senator, but vacancies in the office of attorney general and comptroller are filled by a joint session of the Legislature.

Data tell another story: Job growth in Erie and Niagara counties last year lagged behind the nation and rest of the state, the downtown office vacancy rate rose last year and poverty in the city of Buffalo — like its sister city Rochester — is climbing and ranks among the worst in the United States.

Assemblyman Kevin Cahill, D - Kingston, is the sponsor of two bills requiring special elections for vacancies in the offices of U.S. Senate, comptroller and attorney general.

First, the vacancy in the office would not exist had its current occupant, Democrat - turned - Republican Steve Levy, not run into a fundraising scandal and apparently cut a deal with the local DA to put an end to his investigation into the matter.

(b) When a vacancy occurs in a legislative office after the close of the nomination period in the final year of the term of office, no special election shall be held.

Any vacancy in any office of the County Committee shall be filled by the County Committee; provided, however, that pending such action by the County Committee, the Executive Committee may fill such vacancy until the next meeting of the County Committee.

(a) Whenever a Party nomination for a public office to be filled at a general or special election is not made at a primary election or by judicial nominating convention, or when no valid designating petition is filed with the board of elections (1) such nomination shall be made by the Executive Committee if for a public office to be filled by the voters of a political subdivision whose boundaries are coterminous with the County of New York or the Borough of Manhattan, and any vacancy in a nomination so made shall be filled by the Executive Committee or a subcommittee appointed by the Executive Committee for that purpose, and (2) such nomination shall be made by the appropriate District Committee if for a public office to be filled by the voters of a political subdivision wholly or partly contained within, but embracing only a part of, the County of New York or Borough of Manhattan, and any vacancy in a nomination so made shall be filled by a subcommittee appointed by said District Committee for that purpose.

(4) The independent panel shall report as approved for each judicial position all highly qualified persons who make application to the panel, provided that if the number of highly qualified applicants exceeds three times the number of existing vacancies to be filled in such position (determined as of the time the panel renders its report), the independent panel shall report as approved the most highly qualified applicants in a number equal to three times the number of vacancies to be filled in such position, provided further that if the number of highly qualified applicants is less than three times the number of vacancies to be filled in such position the independent panel shall report as approved the most highly qualified applicants in a number equal to not less than two times the number of such vacancies, provided further that the following categories of applicants who are eligible for reelection or reappointment shall be reported as approved if their performance during their term of office merits continuation in office, and no other applicants shall be reported as approved for their vacancies: (a) a judge or justice completing a full term of office seeking re-election to that office, or (b) an interim Supreme Court justice who has been appointed by the Governor to fill an existing vacancy no later than the previous June 1 after approval of the Governor's screening panel, who has been confirmed by the State Senate and has assumed office no later than the date the panel renders its report, and who otherwise would not be required to make application to the independent screening panel pursuant to the provisions of sub-paragraph (3).

As the state legislature gets ready to interview candidates to fill the sudden vacancy in the state Attorney General's office, they should probably think long and hard before replacing the new woman in charge, Barbara Underwood.

(3) Neither the Executive Committee nor the County Leader shall designate, nominate or propose any candidate for judicial offices which are to be elected county - wide in New York County, or which are to be proposed for appointment by the Mayor of the City of New York or by the Governor of the State of New York, exclusive of recommendations for interim appointment by the Mayor or the Governor, unless such candidate shall have been approved in that calendar year for such office by the independent panel., except that once a candidate for the office of Justice of the Supreme Court has been reported as highly qualified by at least two of the last four independent screening panels for that office, that candidate shall be considered as having been approved by the panel for such office during each of the four calendar years after the year in which the candidate shall have last achieved such status, (not counting a year in which there are no vacancies for the office of Justice of the Supreme Court other than a vacancy resulting from the expiration of the term of office of a justice eligible for and seeking re-election to that office, or a vacancy which has been filled by an interim Supreme Court justice seeking re-election who has been appointed by the Governor and who satisfies the requirements of sub-paragraph 4 (b), provided in each case that such justice has been determined by the independent panel to merit continuation in office), and such candidate shall not make application to the panel during any of such years unless the Committee on the Judiciary shall require the candidate to make such an application.

She thinks the senator should have voted against any vacancy decontrol — and one of the first things she wants to do in office is try to make sure rent stabilized units can stay that way permanently, she said.

Cuomo noted the decision to not appoint a replacement is consistent with his administration's previous practices when it comes to vacancies in district attorney offices.