Office and Residential City Report (cost, rates, Atlanta, Los Angeles)

[kidphilly]

Not sure where to post this but some interesting city/suburb metrics on office and residential costs and vacancies

http://www.irr.com/42F64A40-4D2E-482...e/vp_q2_12.pdf

[kidphilly]

Maybe this will work

Full stats can be found in IRR’s report.
Insights Q2 2012 (IRR; PDF)

[RightonWalnut]

Here is each city's office vacancy rate for 2012 from the link

Northeast
Baltimore -16.1%
Wilmington- 14%
Boston- 12.5%
Washington D.C.- 11%
Pittsburgh- 10%
New York- 9.8%
Philadelphia- 8.9%

Central
St. Louis- 22.5%
Detroit- 22%
Cincinnati- 20%
Cleveland- 19%
Indianapolis- 17.3%
Minneapolis- 17%
Kansas City- 16%
Chicago- 16%

South
Dallas- 26.7%
San Antonio- 25.9%
Nashville- 21%
Orlando- 19%
Miami- 18%
Atlanta- 15%
Houston- 14.5%
Charlotte- 13.4%
Austin- 13%
Memphis- 12%
New Orleans (not listed)

West
Las Vegas- 22%
San Diego- 16.9%
San Jose- 16.4%
Sacramento- 16%
Los Angeles- 15.1%
Seattle- 14.6%
Orange County- 14.3%
Phoenix- 12%
Oakland- 11.72%
San Francisco- 11%
Denver- 10%
Salt Lake City- 10%
Portland- 7.6%


It seems Portland, Philadelphia and New York City have the three lowest city office vacancy rates with 7.6%, 8.9% and 9.8% respectively. All below 10%

The top 5 lowest city office vacancy rates are
1. Portland- 7.6%
2. Philadelphia- 8.9%
3. New York City- 9.8%
4. Tie- Pittsburgh/Denver/Salt Lake City- 10%
5. Tie- San Francisco/Washington D.C.- 11%

[RightonWalnut]

Here is each city's suburban office vacancy rate for 2012 from the link

Northeast
New York City- 22%
Boston- 16%
Washington D.C.- 14.5%
Baltimore- 14.2%
Philadelphia- 12.7%
Wilmington- 10.5%
Pittsburgh- 8%

Central
Detroit- 21%
Indianapolis- 21%
Chicago- 20%
Minneapolis- 18.5%
Kansas City- 17%
St. Louis- 15.8%
Cincinnati- 15%
Cleveland- 10%

South
Charlotte- 20.2%
Austin- 20%
San Antonio- 18.3%
Raleigh- 17.9%
Orlando- 17%
Atlanta- 16.91%
Dallas- 14.85%
Houston- 14.5%
Miami- 14%
Fort Worth- 9.08%

West
Las Vegas- 25%
Sacramento- 25%
Phoenix- 23%
Portland- 19%
Los Angeles- 15.5%
Salt Lake City- 15%
Orange County- 14.1%
San Diego- 13.9%
Denver- 12%
San Jose- 11.83%
Oakland- 11.76%
Seattle- 11.7%
San Francisco- 10.98%

It seems Pittsburgh, Fort Worth and Cleveland have the three lowest suburban office vacancy rates with 8%, 9.08% and 10% respectively. All below or just at 10%

The top 5 lowest suburban office vacancy rates are
1. Pittsburgh 8%
2. Fort Worth- 9.08%
3. Cleveland- 10%
4. Wilmington- 10.5%
5. San Francisco- 10.98%

[SirGreenDown]

Originally Posted by Summersm343

Here is each city's office vacancy rate for 2012 from the link

Northeast
Baltimore -16.1%


Central
St. Louis- 22.5%
Detroit- 22%
Cincinnati- 20%
Cleveland- 19%

[RightonWalnut]

According to the link and the info I posted; Pittsburgh, Philadelphia and San Francisco metros are the three LEAST vacant in office space.