April 2007 » Market Analysis » New York Industrial Report

April 2007 New York Industrial Space Graphs and Statistics

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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 % -1.08 %
Midtown South Manhattan Industrial 0.16 0.0 0.16 2.4 % 2.2 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.7 % 0.0 %
Total Manhattan Industrial 0.35 0.4 0.75 2.5 % 25.63 %
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 9.81 % -1.08 %
Midtown South Manhattan Industrial 0.23 0.0 0.23 3.26 % abc 2.2 %
Downtown Manhattan Industrial 0.04 0.0 0.04 0.01 % 0 %
Total Manhattan Industrial 0.42 0.4 0.82 % -0.12 %

Manhattan Industrial Rent Vacancy

  • Total Available Manhattan Industrial Space increased from 0.56 million RSF to 0.75 million RSF.
  • Midtown Manhattan Industrial vacancy increased from 0.359 million RSF to 0.553 million RSF.
  • Midtown South Industrial space vacancies stayed at 0.16 million RSF.
  • In Downtown Manhattan, Industrial vacancy stayed at 0.04 million RSF.
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