Sentences with phrase «office vacancy rate remained»

Not exact matches

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

Still, the city's office - vacancy rate remains well below the national average of 13.5 percent, and its first - quarter rate of 5.7 percent was the lowest in the country.

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade.

In addition, the San Francisco Bay Area remains the tightest of the top 10 office markets with a 5.6 percent overall vacancy rate, and vacancy as low as 2.0 percent in the Silicon Valley markets.

But despite a flat vacancy rate, New York's office market remained strong throughout 2016, with the second - highest annual leasing total in the past decade, according to Colliers.

With development grounded, rents dropping and vacancy rates hovering around 20 percent, the Chicago office market remains mired in the downturn.

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.

Ottawa — Like Calgary, the Ottawa office market saw a rise in vacancy rate over the past 12 months from 5.60 per cent to 6.30 per cent and stable rents of $ 17.23 per sq. ft.. Yet the market is expected to remain solid thanks to the stabilizing presence of the federal government, although a slight increase in vacancies is expected to occur due primarily to new supply and some space - juggling before it is absorbed relatively quickly both by the private and public sectors.

National office vacancy rates are forecast to remain unchanged over the coming year, mostly due to added inventory entering the market.