[ Home | Subscribe to E-Updates | Resources | Contact Us | Site Map ] Indicators:   Indices: Commercial Real Estate Building Permits 2007 2006 2005 vs. Previous Period Hotel/Motel [ JLD ] 61 39 27 56.4% Value of Hotel/Motel Permits (In Thousands) [ JLD ] $2,090,240 $616,411 $610,299 239.1% Commercial Buildings [ JLD ] 783 1,713 2,185 -54.3% Value of Comml. Building Permits (In Thousands) [ JLD ] $968,698 $1,679,439 $1,488,493 -42.3% Public Buildings [ JLD ] 10 29 30 -65.5% Value of Public Building Permits (In Thousands) [ JLD ] $132,740 $30,622 $71,970 333.5% Office Market - Q2 2008 Current Period Previous Period Same Period Previous Year vs. Previous Period vs. Same Period Year Ago Buildings [ JLD ] 1,808 1,768 1,705 2.3% 6.0% Buildings Vacancy Rate [ JLD ] 16.7% 14.0% 12.2% 2.7% 4.5% Inventory (Square Feet) [ JLD ] 47,339,341 45,468,810 43,505,829 4.1% 8.8% Vacancy (Square Feet) [ JLD ] 7,902,538 6,362,461 5,329,326 24.2% 48.3% New Inventory [ JLD ] 1,291,553 551,350 1,033,063 134.3% 25.0% Net Absorption [ JLD ] 1,413 9,410 833,644 -85.0% -99.8% Under Construction [ JLD ] 3,623,488 4,354,302 3,302,235 -16.8% 9.7% Planned Construction [ JLD ] 4,743,391 6,663,045 8,404,594 -28.8% -43.6% Average Asking Rates [ JLD ] $2.38 $2.34 $2.35 1.7% 1.3% Industrial Market - Q2 2008 Current Period Previous Period Same Period Previous Year vs. Previous Period vs. Same Period Year Ago Buildings [ JLD ] 3,227 3,156 2,936 2.2% 9.9% Buildings Vacancy Rate [ JLD ] 7.7% 6.7% 4.5% 15.6% 70.8% Inventory (Square Feet) [ JLD ] 100,092,798 98,410,971 92,891,617 1.7% 7.8% Vacancy (Square Feet) [ JLD ] 7,722,362 6,553,927 4,188,245 17.8% 84.4% New Inventory [ JLD ] 1,458,377 1,519,471 852,454 -4.0% 71.1% Net Absorption [ JLD ] 694,708 753,412 836,603 -7.8% -17.0% Under Construction [ JLD ] 2,638,684 3,582,645 6,316,268 -26.3% -58.2% Planned Construction [ JLD ] 6,698,046 6,348,529 5,329,412 5.5% 25.7% Average Asking Rates [ JLD ] $0.79 $0.77 $0.82 2.6% -3.7% Retail Market - Q2 2008 Current Period Previous Period Same Period Previous Year vs. Previous Period vs. Same Period Year Ago Buildings [ JLD ] 320 317 301 0.9% 6.3% Buildings Vacancy Rate [ JLD ] 6.0% 5.0% 3.3% 19.5% 83.1% Inventory (Square Feet) [ JLD ] 50,041,573 49,862,142 46,984,320 0.4% 6.5% Vacancy (Square Feet) [ JLD ] 2,991,800 2,503,919 1,539,866 19.5% 94.3% New Inventory [ JLD ] 325,346 1,031,752 778,657 -68.5% -58.2% Net Absorption [ JLD ] (18,699) 370,610 664,595 -105.0% -102.8% Under Construction [ JLD ] 3,134,445 2,474,862 3,508,691 26.7% -10.7% Planned Construction [ JLD ] 12,677,109 12,758,927 13,467,162 -0.6% -5.9% Average Asking Rates [ JLD ] $2.18 $2.20 $2.14 -0.9% 1.9%