Sentences with phrase «office vacancy remained»

Though the region is adding jobs, office vacancy remained at over 11 percent in the second quarter, according to Delta Associates, as government agencies and private employers continue to downsize into smaller spaces.

Office vacancy in central business districts (CBDs) declined 20 basis points to 10.9 % in the third quarter while suburban office vacancy remained flat at 14 %, according to Chicago - based real estate brokerage Grubb & Ellis.

Not exact matches

Vacancies remain at major embassies, among other offices.

Metro Vancouver's office vacancy has dropped to the lowest in North America, but gross office rents for the region remain among the most affordable, according to figures released by Jones Lang LaSalle (JLL).

Trepp and his fellow panelists agreed that even with up to 1.5 million square feet of new office space potentially delivered to market in the next three to five years, the Vancouver market would remain «in balance», peaking at no higher than 14 per cent vacancy when the new supply arrives.

If such vacancy occurs in the office of a delegate - at - large, such vacancy shall be filled by a vote of the remaining delegates - at - large.

Mr. Paterson's current office would remain unfilled until the 2010 election, as the constitution makes no provision for filling a vacancy in the lieutenant governor's office.

The central office has one major vacancy remaining: an executive director of facilities, Blouin - Williams said.

Any vacancy, except in the office of President or Past President, occurring on the Board of Directors during a term of office shall be filled until the next annual election from among the qualified members of the Club by a majority vote of the remaining members of the Board of Directors.

Until the next election by Voting Members, any vacancies occurring on the Board or among the officers shall be filled by a majority vote of all the remaining members of the Board, except that a vacancy in the office of President shall be filled automatically by the Vice-President and the resulting vacancy in the office of Vice-President shall be filled by the Board.

The demand for healthcare real estate — namely medical office buildings — has remained strong despite skyrocketing vacancies in the national office market.

«The remaining vacancy will be used for large office tenants, as the property has large and efficient floor plates,» Conger notes.

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

While the sector has endured an increase in vacancies and some softness in rents, the overall fundamentals remain much better than the office market.

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.

National office leasing through the first quarter registered 12.7 percent below the same period in 2014, and vacancy remained flat, according to a recent Cushman & Wakefield report.

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.

San Francisco also remains as one of the top two office markets in Marcus & Millichap's National Office Property Index, alongside San Jose, as a result of its strong employment numbers and low vaoffice markets in Marcus & Millichap's National Office Property Index, alongside San Jose, as a result of its strong employment numbers and low vaOffice Property Index, alongside San Jose, as a result of its strong employment numbers and low vacancy.

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