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July 2007

July 2007 » Market Analysis » New York Industrial Report

July 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 0.15 0.4 0.55 2.8 % 0.0 %
Midtown South Manhattan Industrial 0.15 0.01 0.16 2.3 % 32.2 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.7 % 0.0 %
Total Manhattan Industrial 0.34 0.41 0.74 2.4 % 8.87 %
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 0.15 0.4 0.55 10.35 % 0.0 %
Midtown South Manhattan Industrial 0.2 0.01 0.21 2.96 % abc 32.2 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.01 % 0.0 %
Total Manhattan Industrial 0.38 0.41 0.79 % 8.32 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.68 million RSF to 0.74 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.55 million RSF.
  • Midtown South Industrial space vacancies increased from 0.09 million RSF to 0.156 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.04 million RSF.
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