While Midtown vacancy rates
continued to move lower this quarter, the pace at which they have fallen has slowed," said Delmonte.
about asking and effective rents which can be combined with the more readily available data on physical vacancy rates
to calculate an economic vacancy rate
Class A buildings in Midtown posted nearly a 25% leap in vacancy rates
during the same time period, climbing to 11.
The retail market will remain strong as vacancy rates
edge down to around 3 percent this year from 4.
The average vacancy rate
for retail space in the 57 metro markets is projected to be fairly stable at 8.
Retail vacancy rates
ended 2007 on a higher level, increasing by 40 basis points in the fourth quarter compared with the third quarter, or rising by 110 basis points from the end of 2006, said TWR.
In the Palmdale station, the vacancy rate
was about 28 percent, and that was also distributed evenly between the city and unincorporated areas.
The report calls for a larger inventory of permanently affordable non-profit housing that would offer low-income and special needs households a measure of protection from volatile changes in the housing market, as vacancy rates
, interest rates and rents fluctuate from year to year.
Although there won't be any developments on the scale of, say, the Roppongi Hills complex, a steady supply of new buildings--including developments in Marunouchi and Nihonbashi--are likely to keep vacancy rates
high in the near future.
8 per cent) having the second highest vacancy rates
among CMAs in the country.
The vacancy rate
for standard industrial space dropped to 14.
Industrial vacancy rates
are likely to fall to an average of 8.