Sentences with phrase «office vacancy rates»

The national office vacancy rate declined by 10 basis points during the first quarter to 17 percent, marking exactly the same pace as the decline recorded in the prior quarter.

Since 1993, when the national downtown and suburban office vacancy rates were bubbling under the 20 % mark, vacancy rates steadily decreased.

While office vacancy rates have also been dropping, in most markets there is still too much empty space to justify new building.

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.

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

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.

A closer look at the results reveals a national downtown office vacancy rate of 6.2 per cent at mid-year 2011 — down 200 bps from one year ago.

Jay Kerner: U.S. office vacancy rates dropped in 2014 and expected to continue this trend in 2015.

U.S. office vacancy rates remained close to a four - year in the first quarter, rising to 12.6 percent from 12.5 percent the previous quarter, according to New York - based Cushman & Wakefield.

Just a few short years ago, real estate experts were warning that Toronto was building far too much office space downtown, but observers are changing their tune now that the latest rental figures show the city has the lowest office vacancy rate of any major centre on the continent.

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.

The markets with the lowest office vacancy rates presently (in the fourth quarter) are New York City, with a vacancy rate of 9.8 percent; Washington, D.C., at 9.9 percent; Little Rock, Ark., 12.0 percent; and Nashville, Tenn., 12.9 percent.

A local economist estimates the country has the highest office vacancy rate outside of Ireland.

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 overall office vacancy rate dropped from 18.8 % in the fourth quarter of 2002 to 18.1 in the first quarter of 2003.

The national office vacancy rate remained unchanged from the first to the second quarter, mired at 16.6 percent and moving down just 30 basis points over the past 12 months.

The markets with the lowest office vacancy rates currently are Washington D.C., with a vacancy rate of 8.6 percent; New York at 10.1 percent; and Long Island, N.Y., 13.0 percent.

Office vacancy rate increases.

Merrill Lynch & Co., meanwhile, puts the national office vacancy rate closer to 17 percent already and projects that it will hit 18 percent by the end of 2003.

His firm's recent first - quarter report shows the national office vacancy rate at 13.9 percent, almost flat from the fourth quarter.

Torto Wheaton Research reports that the national office vacancy rate hovers at an...

Unemployment and office vacancy rates outperform most other metropolitan areas in the United States.»

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.

Double - digit office vacancy rates typically have a way of restraining even the boldest developers.

Driven by employment growth, Canadian office vacancy rates have decreased, while rates in the U.S. have stalled relative to one year ago, says Avison Young's Mid-Year 2011 Canada, U.S. Office Market Report.

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.

Acton of AEW believes it could be 2004 or even 2005 before office vacancy rates return to 10 %, or the point of equilibrium.

Persistent lackluster U.S. job growth was behind the 0.1 percentage point U.S. office vacancy rate decline.

Where else can the overall office vacancy rate cling tenaciously to the 10 % level while there is about 5 million sq. ft. of office space under construction or can industry developers add 15 million sq. ft. in one year...

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

The downtown Chicago office vacancy rate dropped in the third quarter to a 10 - year low of 10.7 percent from 11.1 percent in the previous quarter and 13.9 percent a year earlier, according to CB Richard Ellis, a commercial real estate firm.

Detroit's office vacancy rate decreased to 14.5 % in the third quarter of 2016, down from 16 % at year - end 2015.

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

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.

The overall Tucson office vacancy rate ended 2013 at 12.2 %, familiar year - end territory for the fourth consecutive year.

Office vacancy rates nationwide hit a five - year peak during 2002's first three months, 14 percent in the Central Business District, 20 percent in the suburbs, according to recent data published by Cushman & Wakefield, among the world's biggest real estate service companies.

«With a class A office vacancy rate around 3.5 percent, the creative office space that exists in Hoboken today is highly inefficient, while the balance of the office space on the market is more corporate,» says Transwestern's Matt McDonough.

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.

Meanwhile, Torto identified a few troubled areas where high office vacancy rates and negative job growth have paralyzed the commercial real estate market.

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

The markets with the lowest office vacancy rates currently are New York City and Honolulu, with vacancies in the 8 to 9 percent range.

The Platinum Mile, a section of Interstate 287 in Westchester County, is fighting to reduce its Class A office vacancy rate, which now sits...

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.

U.S. office vacancy rates of almost 16 percent in third quarter 2002 have made landlords more pessimistic about the prospects of a recovery in 2003, says Reis Inc..

The national office vacancy rate of 17.2 percent was unchanged from the first quarter and down from 17.5 percent a year earlier.

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