BuildingTeam Construction Forecast

Vacancy Rates


Office Vacancy Rates in Major U.S. Cities – Second Quarter 2006
10/2/2006 6:46:00 AM - The U.S. national downtown (CBD*) office vacancy rate in second-quarter 2006 improved (slightly) to 15.3% from 15.5% in first-quarter 2006. The year-ago level (second-quarter 2005) was 16.0%. The national suburban vacancy rate fell to 16.6% in second-quarter 2006 versus the previous quarter’s 16.8% and the year ago level of 17.6%. Overall, the latest quarter metro-wide vacancy rate was 16.2% (down from 16.4% in the previous quarter and 17.1% a year ago).

Ranking of Office Vacancy Rates in Major U.S. Cities – Central Business District and Suburban – Second Quarter 2006
9/25/2006 6:49:00 AM - Among the 54 major U.S. metros monitored by PPR, Charlotte has the lowest downtown office vacancy rate as of second-quarter 2006, at 6.7%. Three cities – Washington, Honolulu and San Diego – have office vacancy rates among the 10 lowest, both downtown and in the suburbs. Three cities also appear in both the downtown and suburban “10 highest vacancy rate” lists: San José, Dallas-Ft. Worth and Atlanta.

Ranking of Office Vacancy Rates in Major U.S. Cities – Central Business District and Suburban – First Quarter 2006
7/17/2006 9:24:00 AM - Three cities — Washington, Honolulu and San Diego — have office vacancy rates among the 10 lowest, both downtown and in the suburbs. Charlotte and New York also have low vacancy rates in their central business districts (CBDs). Centers depending on the high-tech sector, San Jose and the suburbs of Boston, are still languishing with unused space.

Office Vacancy Rates in Major U.S. Cities – First Quarter 2006
7/17/2006 8:29:00 AM - The U.S. national downtown (CBD*) office vacancy rate in first-quarter 2006 improved to 15.5% from 16.7% in first-quarter 2006. The year-ago level (first-quarter 2005) was 16.2%. The national suburban vacancy rate fell to 16.7% in first-quarter 2006, versus the previous quarter’s 16.9% and the year-ago level of 17.9%. Overall, the latest quarter metro-wide vacancy rate was 16.4% (down from 16.6% in the previous quarter and 17.4% a year ago).

Office Vacancy Rates in Major US Cities - Fourth Quarter 2005
3/26/2006 2:58:00 PM - The US national central vacancy rate in fourth quarter 2005 fell to 15.6% from 16.0% in the third quarter. The year ago level (fourth quarter 2004) was 16.2%. The national suburban vacancy rate fell to 17.1% in 2005's fourth quarter versus the third quarter's 17.4% and the previous year's 18.3%. The latest quarter metro-wide vacancy rate was 16.6% (down from 16.9% in the previous quarter and 17.6% a year ago.)

Ranking of Office Vacancy Rates in Major US Cities - Central Business District - Fourth Quarter 2005
3/26/2006 1:45:00 PM - The five cities with the lowest downtown (central business district) office vacancy rates in the latest quarter (Q4 2005) were Washington (7.0%), Charlotte (7.5%), New York (10.2%), Las Vegas (12.3%) and San Diego (12.4%). The five cities with the highest downtown office vacancy rates during the same period were San Jose (27.7%), Austin (25.7%), Dallas (23.1%), Cleveland (22.9%) and Atlanta (21.3%), according to PPR (Property & Portfolio Research).

Ranking of Office Vacancy Rates in Major US Cities - Metro-Wide - Fourth Quarter 2005
3/25/2006 6:59:00 PM - The five US cities with the lowest metropolitan (metro-wide) office vacancy rates in the latest quarter (Q4 2005) were San Diego (11.0%), Honolulu (11.0%), Washington (11.6%), New York (11.6%) and Sacramento (12.5%). The five cities with the highest metropolitan office vacancy rates during the same period were Dallas (22.9%), San Jose (21.6%), Atlanta (21.5%), Boston (20.8%) and Austin (20.6%), according to PPR (Property & Portfolio Research).

Ranking of Office Vacancy Rates in Major US Cities - Suburban - Fourth Quarter 2005
3/25/2006 5:56:00 PM - The five US cities with the lowest suburban office vacancy rates in the latest quarter (Q4 2005) were Honolulu (9.6%), San Diego (10.8%), Sacramento (12.1%), Washington (13.2%) and Las Vegas (13.7%). The five cities with the highest suburban office vacancy rates during the same period were Boston (23.3%), Dallas (22.8%), Pittsburgh (22.4%), Atlanta (21.6%) and Columbus (21.5%), according to PPR (Property & Portfolio Research).

Office Vacancy Rates in Major US Cities (Released November 2005)
11/27/2005 7:22:00 PM - Click above link to view chart.

Office Vacancy Rates in Major U.S. Cities (F–H)
9/19/2005 - Click above link to view chart.

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