Vacancy Rates Print E-mail

Vacancy Rates
Location Usable Space (sq. ft.) % Vacant Avg. Rent*
Central Business District
Class A
Class B
Class C
District Total

1,108,757
1,614,102
210,887
2,933,746

10.46
21.58
20.65
17.31

$19.96
$15.85
$12.63
n/a
Periphery 3,003,233 11.6 $16.54
South 170,239 16.16 $19.17
North 1,007,920 11.86 $15.83
Valley 3,173,540 21.76 $13.70
West 335,928 13.93 $16.54

Source: Auble, Jolicoeur and Gentry and The Journal of Business 2012 Market Fact Book

*per square ft.