4 ms·

Why when I go to the actual report does it say the vacancy rate is 6.7%? [1] [1] https://www.colliers.com/download-article?itemId=4056e99d-17b8-44b6-a74b-0851a

• datadrivenangel 3y ago
  "The office market measured negative 1.8 million square feet in net absorption, with the vacancy rate increasing 200 basis points year-over-year to 12.5% while average asking rents recorded $5.37 per square foot Full Service." Looks like something around the definition of availability versus vacancy rate? If I'm trying to sublease my officespace, is it vacant if i'm still paying my lease?
  • paulddraper 3y ago
    But I still don't know where 20% comes from.......
    • TiredGuy 3y ago
      They got that from the availability rate, not the vacancy rate. You can see the percentages they list in the article for each town correspond roughly to the "R&D Availability Rates Select Silicon Valley Cities" figure on Page 5
      • huytersd 3y ago
        The availability rate sounds like it should be some fraction of the vacancy rate, not the other way around.
      • marcinzm 3y ago
        But the overall rate across all cities is not 20% but much lower. So the title is inaccurate even if it’s true in select cities.