Spokane Commercial Real Estate Vacancy Rates

A Danish Christmas tree illuminated with burni...

Image via Wikipedia

The Industrial vacancy rate fell to 15.43%. A sudden drop like that, absent any recent announcements in the media about something big opening up – is probably a data error or a change in methodology.

Good news is the drop in retail space. We will know if that trend is sticky by the time we get into January and past the Christmas selling season. The trend in retail and office space are both favorable.

Source: OfficeSpace.com

As always, each firm’s estimate of vacancies is calculated in their own way and estimates vary between firms.


Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s