Sentences with phrase «total vacant office»

The report says that sublet space — one of the leading indicators of the health of the office market — jumped during the first quarter of the year and now accounts for 19.5 per cent of total vacant office space across the country.

Not exact matches

JBG Smith owns two dozen Crystal City office buildings — many of which are vacant and older — totaling more than 7 million square feet, according to The Real Deal.

The property included 15 vacant office, laboratory and support buildings totaling 1.4 million sq. ft. Bayer will begin moving 2,500 employees into its new space this fall, consolidating from four locations.

The original property included 15 vacant office, laboratory and support buildings totaling 1.4 million sq. ft.. It ultimately will become a sustainable, mixed - use community — including class - A office, residential, hospitality, senior citizen and retail components — illustrating the potential to transform underutilized antiquated facilities into vibrant, modern environments.

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.