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February 2007

February 2007 » Market Analysis » New York Industrial Report

February 2007 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 0.16 0.4 0.56 2.8 % 70.89 %
Midtown South Manhattan Industrial 0.18 0.0 0.18 2.7 % 9.76 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.7 % -18.42 %
Total Manhattan Industrial 0.38 0.4 0.78 2.7 % 53.73 %
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 0.16 0.4 0.56 9.89 % 70.89 %
Midtown South Manhattan Industrial 0.25 0.0 0.25 3.55 % abc 9.76 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.01 % 0.0 %
Total Manhattan Industrial 0.44 0.4 0.84 % 49.05 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.36 million RSF to 0.78 million RSF.
  • Midtown Manhattan Industrial vacancy increased from 0.16 million RSF to 0.56 million RSF.
  • Midtown South Industrial space vacancies increased from 0.155 million RSF to 0.18 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.04 million RSF.
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