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September 2008

September 2008 » Market Analysis » New York Industrial Report

September 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 % -1.06 %
Midtown South Manhattan Industrial 0.13 0.24 0.37 5.8 % -0.77 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.31 0.24 0.55 4.5 % -1.27 %
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 3.76 % -1.06 %
Midtown South Manhattan Industrial 0.41 0.24 0.65 9.34 % abc -0.77 %
Downtown Manhattan Industrial 0.0 0.0 0.0 0.0 % 0.0 %
Total Manhattan Industrial 0.6 0.24 0.84 % -0.83 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space decreased from 0.56 million RSF to 0.55 million RSF
  • Midtown Manhattan Industrial vacancy stayed at 0.18 million RSF.
  • Midtown South Industrial space vacancies decreased from 0.375 million RSF to 0.37 million RSF
  • In Downtown Manhattan, Industrial vacancy stayed at 0.0 million RSF.
  • Page 12
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