BUSINESS VACANCY RATE

Office Sector

 

2010
End of Year

2011
Mid-Year

Total Available SF

Mid-Year
Vacant SF

       

7.2%

8.4%

653,582

54,624

       

8.2%

4.5%

1,212,595

54,917

       

17.0%

19.4%

799,603

154,869

       

4.7%

2.1%

461,535

9,548

       

44.4%

39.6%

104,573

41,450

       

10.0%

9.5%

57,680

5,500

       

5.5%

8.7%

43,265

3,760

       

4.8%

2.3%

164,027

3,760

       

10.9%

9.4%

3,496,860

328,428

       

 

Industrial Sector

2010
End of Year

2011
Mid-Year

Total Available SF

Mid-Year
Vacant SF

0.5%

0.5%

4,145,126

19,847

21.9%

16.9%

71,172

12,000

15.5%

16.6%

582,120

96,636

16.1%

15.2%

2,673,368

406,313

9.8%

10.3%

942,914

96,908

38.1%

32.4%

54,990

17,795

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

8.05%

7.67%

8,469,690

649,499

INFORMATION SOURCE: COLLIERS INTERNATIONAL

 

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