market research

June 2008

June 2008 » Market Analysis » New York Industrial Report

June 2008 New York Industrial Space Graphs and Statistics

  • Page 12

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 % 0.85 %
Midtown South Manhattan Industrial 0.14 0.0 0.14 2.4 % 29.08 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.31 0.0 0.31 2.7 % -4.13 %
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 0.24 0.0 0.24 4.66 % 0.85 %
Midtown South Manhattan Industrial 0.42 0.0 0.42 6.02 % abc 29.08 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.66 0.0 0.66 % 18.96 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.33 million RSF to 0.31 million RSF
  • Midtown Manhattan Industrial vacancy increased from 0.174 million RSF to 0.178 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.153 million RSF to 0.136 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
  • Page 12
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