CRES Stats Report | Week Ending March 26th

  • A paltry 17 spaces hit the market as available in the subject area in the last 7 days, equating to ~90,000 SF, which is substantially lower than recent weekly additions;
  • 15 spaces (over 1,000 SF) came off the market equating to ~111,000 SF, consistent with recent history;
  • In Q2 of 2020 the Availability Rate was 9.6%.  Today it is nearing 2x higher at 15.3%;
  • Availability in the downtown during the last 7 days stayed just under 17MM SF at 16,700,000 SF.