The U.S. office market has gained a lot of momentum over the last eight years, with many markets now
reporting low vacancies and record - high rents.
North Tucson, comprising Northeast Tucson (3.8 %) and Oro Valley / Catalina (4.7 %)
reported the lowest vacancy rates.
Not exact matches
The biannual
report indicated that the national
vacancy rate declined to 7.3 percent in 2017, its
lowest level since the Irvine - based online real estate transaction platform began tracking the sector in 1999.
On Tuesday, Statistics Canada
reported that job
vacancies have fallen to the
lowest level recorded since it began collecting these figures two years ago.
I don't know how Margaret Chen is going to write the law when key money is being mentioned now in litigation for 68a Mott Street which means true market rents are much higher than
reported (and that my mother is really charging a very
low rent for an ongoing
vacancy) but the fake rent is going to be used to claim so many things about owners.
However, the
report notes: «Despite the relatively
low numbers of principals
reporting unfilled
vacancies in individual curriculum areas, there are still fairly large numbers who
report that they have difficulties in suitably filling staff
vacancies across all areas of the curriculum.»
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 homeownership rate rallied slightly at 63.5 percent in the third quarter, higher than the 62.9 percent rate in the second quarter — the
lowest point in more than 50 years, according to the U.S. Census Bureau's Quarterly Housing
Vacancies and Homeownership
report.
Denver's direct
vacancy rate is the
lowest reported in markets with heavy reliance on oil and gas industries, at 11.9 percent.
Life is good for apartment investors: Rents are high,
vacancies are
low and the outlook for the future looks very, very strong, according to second quarter
reports from real estate research firms...
Buoyed by continued job growth, with 2.2 million jobs added in 2016 and another 2 million predicted this year, the
report forecasts net absorption of 83 million sq. ft. nationally in 2017, with another 20 basis point decline in U.S.
vacancy to 14.3 percent, marking the
low point of the current cycle.
Outside of urban centers, owners of
lower - tier malls are spending more cash up front to avoid
vacancies and accommodate restaurants and entertainment venues, which are costly to build and are replacing many traditional retailers hurt by online shopping, Green Street said in
report this month.
Real estate services firm Transwestern's fourth - quarter office
report noted 31 quarters of positive absorption and a
vacancy rate of 11.5 percent, a 10 - year -
low.
At the same time,
vacancy in the
lower tower floors went from 17.7 percent to 10.0 percent, according to the
report.
Newer properties, particularly those located in high - density areas with strong employment,
report even
lower vacancy rates, says Julie Taylor, senior vice president of the Retail Services Group at Cornish & Carey Commercial Newmark Knight Frank in San Francisco.
All the major metros that rank high in the rental demand category have strong job growth,
low vacancy, high projected rent gains and limited threat from renters purchasing high - priced homes, according to the
report.
As of first quarter 2016, average direct retail
vacancy in the Denver metro area was 5.8 percent, the
lowest it's been in 18 years, according to a
report from CBRE Research.
Retail space in the Inland Empire was bifurcating at the end of the year, with properties built since 2010 commanding higher rents and enjoying
lower vacancies than the overall market, according to a Q4 2017
report from NAI Capital.
After peaking at 13.4 % 3Q 2011, market - wide
vacancy improved to its
lowest post-recession level, not
reporting a sub - 9.0 % rate since 2008.
With accelerating improvement in
vacancy from 9.2 % to 7.8 % year - over-year, Tucson's industrial market
reported the strongest annual gain since 2006 and the
lowest vacancy mark since Q3 2008.
For instance, the National Association of Realtors
reports that in 2014, San Jose, CA had a
low vacancy rate of 4.0 %, while Ocean City, NJ had a high
vacancy rate of 58.4 %.
The
vacancy rate on North Michigan Avenue dropped to 3.6 percent for the year ended May 31, its
lowest level since 2003, when it was 3.1 percent, according to the CBRE
report.
This is the
lowest second quarter
vacancy rate
reported since 2006.
According to U.S. News & World
Report, «Homeownership for Americans 35 and under declined to 36.2 percent, and is the
lowest on record since the census's Housing
Vacancy Survey began tabulating homeownership by age in 1982.»
The
report underlines several potential benefits to incorporating these design initiatives into commercial development, including higher demand,
lower vacancies, and a reduced need to make significant changes to accommodate different types of retailers down the road.
Net rents range between $ 60 per sq. ft. and $ 145 per sq. ft.. In Victoria, Vancouver, Regina and Winnipeg, brokers
report that regional malls have
vacancy levels as
low as 0 percent.
- ft. market, currently have a
vacancy of 12.4 percent, much
lower than the 15.1 percent
vacancy rate for the city's class - A market, according to a recent
report from commercial real estate services firm Transwestern.
According to a Colliers International's fourth quarter 2016
report,
vacancy in the Research Triangle dropped to 7.9 percent, as the area absorbed 1.3 million sq. ft. of space during the previous 12 months, and
vacancy in the Central Business District (CBD) at year - end was even
lower, at 5.0 percent.
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.
The expected delays in new office projects due to the tight lending conditions developers are facing, coupled with
low vacancy rates, may push tenants to the suburbs to solve any short - term demand issues, says the
report.
In the CBRE fourth quarter 2015
report, Aiman Noursoultanova, senior vice president, said «our area's projected housing needs (as estimated by EDAWN's EPIC Report) are still outpacing available supply, which bodes well for continued low vacancy and growing
report, Aiman Noursoultanova, senior vice president, said «our area's projected housing needs (as estimated by EDAWN's EPIC
Report) are still outpacing available supply, which bodes well for continued low vacancy and growing
Report) are still outpacing available supply, which bodes well for continued
low vacancy and growing rents.
Industrial
vacancy is at an all - time
low, declining by 70 basis points from a year ago to an aggregate nationwide
vacancy of 5.6 percent in the fourth quarter of 2016, according to the year - end industrial market
report from real estate services...
The
report noted how that demand — from tenants like Hillary Clinton, who signed an 80,000 - square - foot lease earlier this year to house her presidential campaign at Forest City's One Pierrepont Plaza — has driven
vacancy rates to a city
low.