Sentences with phrase «overall vacancy rate»

During the Olympic period, various travel agencies and tour operators are noting a slowdown in hotel bookings, with overall vacancy rates of up to 35 %.

The low new supply volume contributes to the continuing overall vacancy rate reduction.

Overall the vacancy rate for the top life sciences clusters hovered just above 8 percent in the third quarter, but in Cambridge, Mass., a top market, vacancy is virtually 0 percent, says Lisa Strope, vice president, director of research at real estate services firm JLL.

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

Six of the 12 markets display overall vacancy rates below the national average and include: Vancouver (7.6 per cent), Regina (1.9 per cent), Winnipeg (6.9 per cent), Ottawa (5.9 per cent), Quebec City (4.4 per cent) and Halifax (6.3 per cent).

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.

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.

However, the outlier metros mentioned above had lower net absorption numbers, and similarly, higher overall vacancy rates.

Memphis ended 2017 with an overall vacancy rate of 14.8 percent, which is up slightly from where the year started at 14.5 percent — the highest level in three years.

Statistics Canada reported in 2012 that Canada's overall vacancy rate was 2.8 % and of the major urban centres, Calgary's was the lowest at 1.3 %.

The overall vacancy rate is a mix: An underlying low single digit vacancy rate in KWG's Core portfolio, and a 20 - 30 % + rate in its more recently acquired Investment portfolio.

Asking rents are forecast to rise 2.6 percent this year to about $ 20 per square foot, while the overall vacancy rate is expected to rise 50 basis points to 10.2 percent, according to Encino, Calif. - based Marcus & Millichap Real Estate Investments.

The overall vacancy rate for Twin Cities apartments is 1.8 %, while average rental rates are up 4.2 % to $ 628, according to data from Apartment Search Profiles.

The large increase in housing starts to 894,000 indicates progress towards stable overall vacancy rates, but further increase is needed, to...

Now that the household formation is bouncing back and reaching about a million, housing starts need to be at least 1.3 million just to keep the overall vacancy rates stable after accounting for 300,000 or so uninhabitable units that are demolished each year.

Cushman & Wakefield sees a largely positive labor market that will continue to drive strong absorption in industrial, although less than record levels in 2014 and 2015 leading to a 5.9 % overall vacancy rate, some of the best conditions ever seen in the sector.

Net positive absorption of about 50,000 square feet (SF) improved the overall vacancy rate to 7.4 %, Tucson's lowest mark since Q3 2008.

Memphis, the second largest commercial airline hub in the world, has an overall vacancy rate of 3.3 percent, one of the tightest in the country, according to Cushman & Wakefield.

Slight positive absorption of 37,829 square feet (sf) occurred, ticking the overall vacancy rate down to 11.9 % - 10.4 % downtown, and 12.3 % in the suburban Tucson market.

Brian Davis of Spark Rental also showed us that we need to fully understand a management company's marketing strategy and their overall vacancy rates.

In 2017, overall vacancy rate was reducing by 0.4 - 0.9 ppts each quarter and by the end of the year amounted to 13.7 % (2.7 ppts lower than Q4 2016 value).

While the overall vacancy rate is hovering around 16 %, in NYC, the market there is so tight, vacancy rates are below 9 % and in D.C., at 9.3 %.