Commercial Real Estate

Source: CoStar.com. Last updated July 2013

Product Type Total Inventory (Sq. Ft.)

Vacancy Rate (%)

Total Net Absorption (Sq. Ft.)

Rental Rate (Sq. Ft./Yr.)

Under Construction

(Sq. Ft.)

Total Office Citywide

Q2 2013 133.3 M 20.2 -59,646 $19.66 358,532

Q2 2012 134.2 M 20.7 100,045 $19.31 173,560

Change -890,205 -0.5 points -159,691 +$0.35 +184,972

Office Class A Citywide

Q2 2013 63.8 M 21.6 -172,642 $22.36 350,000

Q2 2012 63.7 M 21.7 159,791 $21.85 75,000

Change +75,000 -0.1 points -332,433 +$0.51 +275,000

Office Class B Citywide

Q2 2013 51.8 M 22.5 115,716 $16.55 8,532

Q2 2012 52.5 M 23.4 -32,260 $16.56 98,560

Change -743,401 -0.9 points +147,976 -$0.01 -90,028

Office Class C Citywide

Q2 2013 17.7 M 8.9 -2,720 $13.72 0

Q2 2012 17.9 M 9.6 -27,486 $14.16 0

Change -221,804 -0.7 points +24,766 -$0.44 0

Q2 2013 35.6 M 26.3 -44,611 $20.31 0

Q2 2012 36.2 M 27.0 -20,455 $19.64 0

Change -605,472 -0.7 points -24,156 +$0.67 0

Industrial/Flex Citywide

Q2 2013 199.7 M 6.8 1.4 M $4.26 513,975

Q2 2012 200.1 M 8.9 -1.2 M $4.52 49,260

Change -422,307 -2.1 points +2.6 M -$0.26 +464,715

Retail Citywide

Q2 2013 73.9 M 7.3 290,667 $14.13 227,969

Q2 2012 73.8 M 8.5 -3,328 $13.91 378,206

Change -12,946 -1.2 points +293,995 +$0.22 -150,237

Total Central Business District Office

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