United States

Industrial Market Statistics, Year-end 2007

The market statistics below are viewable in Square Feet or Square Metres and in the following currencies: US dollars, Euros, Hong Kong dollars, Pound Sterling and Australian dollars.  The default view is Square Feet / US dollars.

This report is intended for general information purposes only. Information herein has been obtained from sources believed reliable. While every effort has been made to ensure its accuracy and completeness,we cannot offer any warranty that factual errors may not have occurred. GVA Worldwide accepts no responsibility for any damage or loss suffered by reason of inaccuracy or incorrectness of this report.

United States - Industrial
Industrial Market Statistics, Year-end 2007
 Square Feet / United States $
Square Feet - US $ | EUROS | HONG KONG $ | POUND STERLING | AUSTRALIAN $
Square Metres - US $ | EUROS | HONG KONG $ | POUND STERLING | AUSTRALIAN $
CITY/REGION INVENTORY VACANCY % AVERAGE RENT/PA YTD ABSORPTION
National Total, - 13,496,794,063 7.60% USD 5.87 150,786,473
Atlanta, - 586,561,180 10.30% USD 3.73 11,103,229
Austin, - 73,221,677 8.90% USD 7.91 2,703,722
Baltimore, - 204,820,289 10.20% USD 5.99 3,162,159
Boston, - 421,086,531 12.00% USD 6.62 3,816,353
Charlotte, - 237,953,488 10.90% USD 3.96 682,040
Chicago, - 1,036,236,246 8.80% USD 5.02 9,752,290
Cincinnati, - 352,628,759 6.60% USD 3.74 7,720,936
Cleveland, - 410,239,187 8.40% USD 3.66 5,377,356
Columbus, - 243,137,571 10.20% USD 3.11 3,898,110
Dallas/Fort Worth, - 660,158,699 8.20% USD 4.60 12,957,763
Denver, - 257,466,980 6.70% USD 5.87 4,634,842
Detroit, - 513,985,020 11.90% USD 5.18 2,551,385
Fort Lauderdale, - 125,955,644 5.00% USD 8.51 -835,523
Houston, - 433,469,421 5.40% USD 5.81 10,148,299
Indianapolis, - 256,957,446 9.20% USD 3.54 4,158,519
Inland Empire, - 440,648,650 6.50% USD 5.62 17,371,956
Jacksonville, - 104,816,034 5.20% USD 4.61 614,763
Kansas City, - 225,449,036 6.50% USD 4.92 3,236,381
Long Island, - 302,532,738 4.50% USD 10.63 -1,892,682
Los Angeles, - 1,044,110,488 2.40% USD 8.37 -2,942,364
Memphis, - 154,297,274 14.60% USD 2.79 1,982,780
Miami-Dade, - 226,803,940 5.20% USD 8.31 -1,603,430
Minneapolis/St. Paul, - 312,754,531 7.70% USD 5.63 3,343,806
Nashville, - 142,036,089 7.70% USD 3.90 738,224
New Jersey Central, - 352,786,416 8.40% USD 5.98 1,889,665
New Jersey Northern , - 371,118,394 6.00% USD 7.08 1,700,047
New Jersey Southern, - 121,133,712 6.80% USD 4.82 541,071
New York City, - 184,174,339 4.50% USD 13.29 -1,301,213
Norfolk, - 95,975,437 6.70% USD 5.62 -42,603
Oakland/East Bay, - 286,696,111 8.10% USD 8.75 2,698,662
Orange County, - 291,220,022 3.30% USD 10.01 1,014,086
Orlando, - 160,904,673 6.70% USD 6.79 1,359,533
Philadelphia, - 302,557,396 9.10% USD 5.50 1,549,525
Phoenix, - 249,638,465 8.30% USD 8.34 5,298,641
Pittsburgh, - 110,512,728 12.40% USD 4.79 1,846,977
Portland, - 192,575,064 5.70% USD 5.67 4,648,537
Raleigh/Durham, - 61,631,961 11.50% USD 5.77 251,890
Richmond, - 94,101,527 6.70% USD 4.68 1,014,440
Sacramento, - 223,541,499 12.00% USD 5.68 5,189,005
San Diego, - 183,537,559 6.50% USD 11.93 1,209,206
San Francisco, - 96,930,687 3.80% USD 13.04 1,967,012
San Jose/South Bay, - 228,422,103 8.60% USD 13.54 5,295,135
Seattle, - 293,048,395 4.60% USD 7.17 5,880,015
St. Louis, - 247,692,199 6.40% USD 4.77 1,152,565
Tampa, - 235,731,029 5.80% USD 6.54 2,938,966
Virginia Northern, - 83,528,450 8.50% USD 10.54 1,162,768
Washington, DC, - 10,842,048 11.30% USD 14.05 -189,444
Westchester/So CT, - 168,702,174 9.50% USD 6.63 579,969
Wilmington, - 82,464,757 4.60% USD 4.60 451,104