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December 2008

December 2008 » Market Analysis » New York Industrial Report

December 2008 New York Industrial Space Graphs and Statistics


NEW YORK INDUSTRIAL VACANT SPACE
(In Millions of Rentable Square Feet)
Direct Sublease Total % Vacant % Monthly Change
Midtown Manhattan Industrial 0.02 0.0 0.02 0.5 % -808.41 %
Midtown South Manhattan Industrial 0.1 0.24 0.34 5.4 % 2.41 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 100.0 %
Total Manhattan Industrial 0.12 0.24 0.37 3.1 % -48.85 %
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 0.02 0.0 0.02 0.45 % -808.41 %
Midtown South Manhattan Industrial 0.55 0.24 0.79 11.52 % abc 2.41 %
Downtown Manhattan Industrial 0.01 0.0 0.01 0.0 % 0.0 %
Total Manhattan Industrial 0.58 0.24 0.82 % -17.41 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.55 million RSF to 0.37 million RSF
  • Midtown Manhattan Industrial vacancy decreased from 0.194 million RSF to 0.021 million RSF
  • Midtown South Industrial space vacancies decreased from 0.351 million RSF to 0.345 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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