July 2008 » Market Analysis » New York Industrial Report

July 2008 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 0.18 0.0 0.18 3.6 % -23.51 %
Midtown South Manhattan Industrial 0.13 0.24 0.37 5.8 % 35.02 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.31 0.24 0.55 4.5 % 42.77 %
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 0.19 0.0 0.19 3.8 % -23.51 %
Midtown South Manhattan Industrial 0.41 0.24 0.65 9.19 % abc 35.02 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.6 0.24 0.84 % 21.72 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.31 million RSF to 0.55 million RSF.
  • Midtown Manhattan Industrial vacancy stayed at 0.18 million RSF.
  • Midtown South Industrial space vacancies increased from 0.136 million RSF to 0.371 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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