Sentences with phrase «office vacancy rate for»

The national office vacancy rate for all classes of space in the central business districts (CBDs) rose to 14.4 % in the third quarter, up from 10.6 % during the third quarter of 2001, according to New York - based Cushman & Wakefield.

With the current national office vacancy rate for all classes of space hovering between 14 % and 16 %, landlords these days are as intent on signing and retaining tenants as Shaquille O'Neal is on winning NBA championships.

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.

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

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.

Reis» preliminary forecast for 2014 calls for office - vacancy rates to decline by roughly half a percentage point by year's end and asking rents to increase 2.8 %, the largest gain since 2007.

Salesforce's lease is expected to accelerate improvements to Downtown Indianapolis» office market, which for years has had a vacancy rate of around 20 percent.

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.

This role comes with very few restrictions or limitations in regards to target market Job Description: Due to the unrestrictive nature of this position, the fact you will be working for the UK's largest privately owned recruitment company that has a vast network with an incredibly strong brand, we feel this is a great opportunity for someone looking to expand their stake in the Permanents market Recruitment Consultant Duties to include: - Identifying opportunities for the Branch - Bringing new business to the branch via telephone and face to face meetings - Sourcing candidates to fill positions for existing clients and to spec into potential new business - Advertising vacancies - In - depth interviewing of candidates, preparing them for interviews - Rate negotiation You will have the support of an Office Administrator to assist with job posting / cv searching and anything else that contributes to the running of the Permanents sector Successful Recruitment Consultant must have: - Recruitment experience is essential for this position - A tenacious, resilient, focused and incredibly driven attitude are essential traits, these are as important to us as someone who enjoys their work and who is a team player - Wanting to progress a career within our organisation, this is a focus area for the Basingstoke Branch.

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 deal, with an estimated annual yield of about 6.4 percent, reflects the surprising strength of the investment market for suburban office properties, despite rising vacancy rates.

Still the analysis clearly demonstrates the importance of having this third indicator for analyzing market conditions and for monitoring office employment trends over time to get a better, more rounded sense of the local market than vacancy rates and rent trends alone can provide.

In November 2007 he agreed to list a commercial office building that had three stories, no elevator, a 19 percent vacancy rate, and numerous properties for sale within a 2 - mile radius.

The overall national office vacancy rate dipped to 9.3 per cent in the first quarter, compared to 10.1 per cent for the same period in 2010.

National vacancy rates are currently more than 15 % for office space and 10 % for industrial properties, and have risen notably for apartments.

The city's office - vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a report to be released this week by brokerage Cushman & Wakefield Inc..

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

The national vacancy rate for the office sector fell to 16.8 percent in the second quarter, a 10 basis point decline over the first quarter of the year.

Here you'll find forecasts as well as vacancy rates for four commercial sectors — office, warehouse, retail, multifamily — as reported in late October 2001.

According to Cushman & Wakefield, the national vacancy rate for Central Business District (CBD) office properties during the fourth quarter was 12 %.

For instance, Nashville has one of the lowest vacancy rates for office — 7.7 percent, I thiFor instance, Nashville has one of the lowest vacancy rates for office — 7.7 percent, I thifor office — 7.7 percent, I think.

National office vacancy rates are forecast to slightly decrease 0.1 percent over the coming year as improved hiring increases the demand for office space.

«We see the office vacancy rate climbing toward the end of the year, which is something we've been anticipating as job creation slows,» says Sam Chandan, chief economist for Reis, a New York - based commercial real estate research firm.

And with 4.4 million sq. ft. of office space scheduled to be completed this year, the vacancy rate for offices could nudge above 20 % for a brief period, he said.

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 proceFor 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 procefor 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 procefor 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.

Our rankings were based on a number of metrics, including average vacancy rates for medical office properties, rents per sq. ft., building sales volumes, prices per sq. ft. and volume of recent space completions.

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.

Office market analysis needs to identify and examine the exogenous factors that determine variations in the normal vacancy rate and implicit equilibrium rent across local markets and through time, especially when analyzing several office markets for comparison and investment purOffice market analysis needs to identify and examine the exogenous factors that determine variations in the normal vacancy rate and implicit equilibrium rent across local markets and through time, especially when analyzing several office markets for comparison and investment puroffice markets for comparison and investment purposes.

For example, office vacancy rate fluctuations in Atlanta have been noticeably more severe compared to Los Angeles.

The national vacancy rate for medical office buildings (MOBs) fell to an all - time low in 2017 while sales volume rose and capitalization (cap) rates fell.

Although, it is not customary for typical office market studies, such an exercise can facilitate the estimation of the structural vacancy rate for each market, if appropriate cross-section data are available, when more advanced office market analysis is performed.

NEW YORK (Reuters)- The office vacancy rate fell only slightly during the first quarter, as a lack of significant job growth continued to impede demand for space, according to a quarterly report released on Tuesday.

By mid-2011, when much of the space in development will be delivered, the direct vacancy rate could range from 10.3 percent to 14.6 percent, depending on job growth and the resulting demand for offices, Liljeberg said.

The vacancy rate for the about 17 million square feet of offices in downtown Brooklyn plummeted to 3 percent from 10 percent in the past three years, according to Reed.

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.

Prior to that, Downtown Vancouver, which consists of 22.7 million square feet of office space, had posted one of the lowest vacancy rates of any metropolitan core in Canada for the past decade.

National office vacancy rates are forecast by Realtors ® to retreat 1.1 percent to 12.1 percent over the coming year as job growth in business and professional services brings increased need for office space.

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.

; • 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.

The vacancy rate for office properties has been falling and average rents have been rising since the beginning of 2011.

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.

Vacancy rates are projected to decrease slightly for office and retail over the next three years.

While vacancy rates were on the decline over the past year (from 5.60 per cent in the fourth quarter of 2007 to 4.50 per cent in 2008) and rents continued to escalate ($ 21.36 to $ 22.90 per sq. ft. for the same period), softening demand due to weak economic conditions and the expected supply of several million square feet of new office space will pose challenges for some of the prestigious towers in Toronto's financial district during 2009 and 2010.

For office, the report is positive, classifying 32 downtown areas as being in the «expansion» phase, which includes strong demand, tight market conditions leading to low vacancy rates, robust rental growth and decreasing overall cap rates.

The slowing pace of development should allow for Atlanta's office vacancy rates to stabilize through positive absorption in 2010, reaching a natural balance of supply and demand.

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).

The survey results predict that vacancy rates will continue to decrease modestly for office and retail over all three forecast years.

Vacancy rates are expected to continue to decrease modestly for office and retail over all three forecast years.