Sentences with phrase «overall office vacancy»

Overall office vacancy in the city averaged 8.5 percent, and average asking rent is $ 35.60 per sq. ft.

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...

As overall office vacancy dropped to 15.6 percent, rents ticked up 3.7 percent to $ 2.78 per sq. ft., from $ 2.72 per sq. ft. the previous year, and nearly 2.3 million sq. ft. of new office space got under construction.

Not exact matches

Overall, office vacancies are now listed at 16 % nationwide, and this number is sure to increase.

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.

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

Total office vacancy for Washington D.C. stands at 12.5 percent, according to JLL, and year - to - date net absorption is at negative 218,756 sq. ft. Overall vacancy decreased eight basis points in the first quarter, however, because 390,286 sq. ft. of existing office space was demolished.

Office The office market is enjoying robust activity with rents hitting record highs and overall vacancies dropping below 7 %, while Class - A vacancies drop beloOffice The office market is enjoying robust activity with rents hitting record highs and overall vacancies dropping below 7 %, while Class - A vacancies drop belooffice market is enjoying robust activity with rents hitting record highs and overall vacancies dropping below 7 %, while Class - A vacancies drop below 4 %.

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.

Year over year improvement in office market metrics continues, with a second consecutive quarter of overall market vacancy hovering at a seven - year low.

The Tucson office market experienced positive overall absorption in 2014 of 187,368 sf, bolstered by Q4's positive 121,856 sf, Accordingly, market - wide vacancy improved to 12.4 % at year end.

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.

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.

Q1 2017 saw a surge in rent and a slightly higher overall vacancy rate as new, quality supply hit the U.S. office market.