For New York City as a whole, Marcus & Millichap research forecasts a 6.8 %
total retail vacancy rate and average asking rents of $ 61 per sq. ft. by year's end.
Not exact matches
The Sterling Cos. reports nine
retail projects
totaling 1.7 million sq. ft. are scheduled to open in 1998, resulting in a small increase in
vacancy, but little or no impact on rents.
Total GLA for
retail space in Hawaii is 15.5 million sq. ft., with an overall
vacancy factor of about 6 percent, according to Fridley.
Overall,
retail vacancy totaled 6.3 percent mid-year, a decrease of 0.4 percent from the second quarter of 2002, according to NAI Mathews Partners.