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Office Statistics

United States

Report | United States Office Statistics - Q4 2010

Summary

Here are leaders in combined market totals:

Inventory:  1) New York (427,658,764 s.f.)  2) Washington, DC  3) Chicago  4) Los Angeles 

Quarterly total rent absorption:  1) Washington, DC (2,851,903 s.f.)  2) New York 3) Baltimore 4) Houston        
 
YTD total net absorption:  1) Washington, DC (6,463,044 s.f.)  2) New York  3) Boston  4) Seattle
 
Total vacancy:  1) New York (50,790,557 s.f.)  2) Washington, DC  3) Chicago  4) Denver 

Total vacancy percentage:  1) Detroit (27.8%)  2) Phoenix  3) West Palm/Palm Beach County  4) New Jersey
 
Average asking rent per s.f.:  1) New York ($52.18)  2) San Francisco 3) Washington, DC  4) Fairfield County   
        
Quarterly rent increase:  1) San Francisco (+5.6%)  2) Richmond  3) Baltimore  4) San Antonio
 
Quarterly rent decrease:  1) Jacksonville (-5.0%)  2) Silicon Valley  3) Denver  4) Charlotte     
                 
Under construction/renovation:  1) New York (4,400,000 s.f.)  2) Washington, DC  3) Houston  4) Baltimore    

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