Sentences with phrase «office vacancy rate rose»

The downtown office vacancy rate rose sharply during the fourth quarter, to 15.1 percent, as downtown businesses continue to contract.

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.

Not exact matches

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

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.

Amazing to see vacancy rates on office space in San Diego rising.

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.

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

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

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.

San Francisco's office - vacancy rate rose to 7.3 percent in the second quarter from 5.7 percent in the previous three months, Cushman & Wakefield data show.

Historically, the downward path of the cycle in the office property market has occurred, because just when this large pipeline started coming out in the market, demand was weakening, thus creating oversupply conditions, with vacancies rising, and rents, cap rates and values declining.

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.

Loans backed by properties in the District and Virginia have helped pull the broader region's delinquency rate up, as the suburban office sector in particular has reported rising delinquency and vacancy rates in recent quarters.

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.

; • 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.

The office vacancy rate in all of Broward County — which includes the city of Fort Lauderdale and outlying areas — is on the rise.

The report says that of the five surveyed markets, only Calgary will see a rise in office vacancy rates in the coming year.

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.

However, with the delivery of three new office buildings totaling 1.6 million sq. ft. of vacant space in the first quarter — Phipps Tower and 3630 Peachtree in Buckhead, and 1075 Peachtree in Midtown — overall vacancy rates continued to rise despite the positive absorption numbers.

According to CB Richard Ellis, the national office vacancy rate is still on the rise, registering 14.6 % in the second quarter, up from 14.2 % in the first quarter.

Office property istings in major U.S. cities are beginning to surge as values rise, while suburban office markets continue to suffer from high vacancy Office property istings in major U.S. cities are beginning to surge as values rise, while suburban office markets continue to suffer from high vacancy office markets continue to suffer from high vacancy rates.