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October 2008

October 2008 » Market Analysis » New York Industrial Report

October 2008 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 0.19 0.0 0.19 4.1 % 2.57 %
Midtown South Manhattan Industrial 0.11 0.24 0.35 5.9 % 14.7 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.3 0.24 0.54 4.7 % -1.85 %
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 3.87 % 2.57 %
Midtown South Manhattan Industrial 0.52 0.24 0.76 11.53 % abc 14.7 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.72 0.24 0.96 % 12.23 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.55 million RSF to 0.54 million RSF
  • Midtown Manhattan Industrial vacancy increased from 0.181 million RSF to 0.194 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.37 million RSF to 0.347 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
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