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Video: Good news for tenants, bad news for landlords

Office vacancies reached their highest level in 15 years in the third quarter, forcing reluctant landlords to lower rents as the market appeared to be bottoming out, Roger Vincent says in the video below and in a special report on.....
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Silicon Valley Office Vacancy Rate over 19 Percent

Business & Finance / Economics : CalculatedRisk (5 years ago)

From the Mercury News: Silicon Valley office vacancies near 20 percent Nearly one-fifth of Silicon Valley office space stood empty last quarter, while landlords lowered rents to try to retain tenants and attract new ones, according ... Read Post

Report: Manhattan Office Vacancy Rate Increases, Rents Decline

Business & Finance / Economics : CalculatedRisk (5 years ago)

From Bloomberg: Manhattan Office Vacancies Reach Five Year High, Cushman Says Manhattan’s third-quarter office vacancy rate hit a five-year high... The rate rose to 11.1 percent, the highest since the third quarter of 2004, New York... Read Post

New Silicon Valley Vacancies Reach 2002 Levels

Business & Finance : Business Insider: Money Game (6 years ago)

Silicon Valley office space vacancy rates reached 18% in the first quarter, reports NAI/BT Commercial. The amount of new square footage on the market -- about  2.6 million -- creating the largest negative absorption numbers since 20... Read Post

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