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February 2008

February 2008 » Market Analysis » New York Industrial Report

February 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 0.09 0.0 0.09 1.8 % 4.88 %
Midtown South Manhattan Industrial 0.11 0.01 0.12 1.7 % 53.07 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.4 % 0.0 %
Total Manhattan Industrial 0.21 0.01 0.21 1.7 % 7.53 %
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 0.1 0.0 0.1 1.98 % 4.88 %
Midtown South Manhattan Industrial 0.3 0.01 0.31 4.45 % abc 53.07 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.41 0.01 0.42 % 40.68 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.2 million RSF to 0.21 million RSF.
  • Midtown Manhattan Industrial vacancy decreased from 0.097 million RSF to 0.093 million RSF
  • Midtown South Industrial space vacancies increased from 0.095 million RSF to 0.115 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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