August 2007 » Market Analysis » New York Industrial Report

August 2007 New York Industrial Space Graphs and Statistics

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NEW YORK INDUSTRIAL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Industrial 0.1 0.0 0.1 2.8 % -414.02 %
Midtown South Manhattan Industrial 0.16 0.0 0.17 2.8 % 5.53 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.7 % -1166.67 %
Total Manhattan Industrial 0.27 0.0 0.27 2.7 % -174.54 %
NEW YORK INDUSTRIAL VACANT SPACE NOW AND IN THE NEXT TWO YEARS
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Industrial 0.11 0.0 0.11 2.01 % -414.02 %
Midtown South Manhattan Industrial 0.21 0.0 0.22 3.16 % abc 5.53 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.32 0.0 0.33 % -142.51 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.74 million RSF to 0.27 million RSF
  • Midtown Manhattan Industrial vacancy decreased from 0.55 million RSF to 0.101 million RSF
  • Midtown South Industrial space vacancies increased from 0.156 million RSF to 0.167 million RSF.
  • In Downtown Manhattan, Industrial vacancy decreased from 0.038 million RSF to 0.003 million RSF
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