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March 2008

March 2008 » Market Analysis » New York Industrial Report

March 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 0.17 0.0 0.17 3.4 % 42.92 %
Midtown South Manhattan Industrial 0.15 0.01 0.15 2.4 % -2.32 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.4 % -1999999900.0 %
Total Manhattan Industrial 0.32 0.01 0.33 2.6 % 34.93 %
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 0.18 0.0 0.18 3.49 % 42.92 %
Midtown South Manhattan Industrial 0.3 0.01 0.3 4.4 % abc -2.32 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.48 0.01 0.48 % 13.71 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.21 million RSF to 0.33 million RSF.
  • Midtown Manhattan Industrial vacancy increased from 0.093 million RSF to 0.173 million RSF.
  • Midtown South Industrial space vacancies increased from 0.115 million RSF to 0.153 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
  • Page 12
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