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May 2007

May 2007 » Market Analysis » New York Industrial Report

May 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 % -0.55 %
Midtown South Manhattan Industrial 0.11 0.0 0.11 2.0 % -28.98 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.7 % 0.0 %
Total Manhattan Industrial 0.3 0.4 0.7 2.2 % -7.61 %
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 % -0.55 %
Midtown South Manhattan Industrial 0.18 0.0 0.18 2.53 % abc -28.98 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.01 % 0.0 %
Total Manhattan Industrial 0.36 0.4 0.76 % -7.07 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.75 million RSF to 0.7 million RSF
  • Midtown Manhattan Industrial vacancy stayed at 0.55 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.158 million RSF to 0.108 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.04 million RSF.
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