CRES Stats Report | Week Ending January 5th

  • 34 spaces hit the market as available in the subject area in the last 14 days, equating to ~280,000 SF, which is very typical over the past few months;
  • 20 spaces (over 1,000 SF) came off the market equating to ~125,000 SF;
  • The current availability rate is the highest ever at ~16.5MM SF, or about 14% total availability.  About 4MM SF of that number is sublet availability.