market research

June 2007

June 2007 » Market Analysis » New York Industrial Report

June 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 2.7 % 0.0 %
Midtown South Manhattan Industrial 0.09 0.01 0.09 1.5 % -26.62 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.7 % 0.0 %
Total Manhattan Industrial 0.27 0.41 0.68 2.0 % -2.65 %
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 9.76 % 0.0 %
Midtown South Manhattan Industrial 0.13 0.01 0.14 2.01 % abc -26.62 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.01 % 0.0 %
Total Manhattan Industrial 0.32 0.41 0.73 % -5.09 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.7 million RSF to 0.68 million RSF
  • Midtown Manhattan Industrial vacancy stayed at 0.55 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.108 million RSF to 0.09 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.04 million RSF.
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