Sentences with phrase «office vacancy rate at»

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By 2022, the downtown office vacancy rate will arrive at a number somewhere between nine and 14 per cent, Trepp predicted.

In New York the office vacancy rate, at about 4 percent, was one of the tightest in the country.

Looking at commercial vacancy rates from the third quarter of this year to the third quarter of 2012, NAR forecasts vacancies to decline 0.3 percentage points in the office sector, 0.6 points in industrial real estate, 0.7 points in the retail sector, and 0.9 percentage points in the multifamily rental market.

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.

The national vacancy rate for office properties remained unchanged during the fourth quarter at 16.9 percent.

The markets with the lowest office vacancy rates in the first quarter are Washington, D.C., at 8.7 percent; New York City, 9.0 percent; Little Rock, Ark., and Seattle at 11.5 percent; and San Francisco, at 12.0 percent.

For example, this year, for an office building, a lender might use a 10 % vacancy figure and 50 cents per sq. ft. for tenant improvements, while last year the same lender looking at the same building might have applied a 5 % vacancy rate and 25 cents per sq. ft. during the underwriting process.

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.

In the fourth quarter of 2012, the vacancy rate at medical office properties nationwide averaged 11 percent, according to research by Newmark Grubb Knight Frank.

The prospect of another big building getting under way is seemingly at odds with the overriding trends in the downtown office market, which has been marked by rising vacancy rates.

Office Markets Office vacancy rates are forecast to remain unchanged at 15.7 percent through the third quarter of 2015.

; • 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.

By the fourth quarter of 2011, the vacancy rate for office properties in Boston stood at 13.5 percent, according to Marcus & Millichap Real Estate Investment Services.

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..

The markets with the lowest office vacancy rates presently are Washington, D.C., with a vacancy rate of 9.3 percent; New York City, at 10.3 percent; and New Orleans, 12.8 percent.

So, why does the Atlanta office market still sit at a vacancy rate of 22.6 %, according to Grubb & Ellis?

Looking at commercial vacancy rates from the fourth quarter of this year to the fourth quarter of 2012, NAR forecasts vacancies to decline 0.6 percentage point in the office sector, 0.4 point in industrial real estate, 0.8 point in the retail sector and 0.7 percentage point in the multifamily rental market.

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.

Reis places San Francisco as having the third lowest office vacancy rate in the country at the moment, with 10.2 percent, following New York City and runner - up Washington, DC.

The firm forecasts that the national office vacancy rate will end 2010 at 17.8 %, reach 16.8 % by the end of 2011, and improve to 15.4 % by year - end 2012.