This Richardson/Plano Sub-Market covers the I-75 corridor from Walnut Street to Hedgcoxe Road and includes Central Plano up to Sam Rayburn Tollway to the North until Alma Road when it drops down to Hedgecoxe Road and Coit Road to the West. The included statistics cover Class A and B office buildings that have more than 50,000 square feet and are either under construction or existing.
The Dallas/Ft. Worth Office market ended the first quarter 2016 with a vacancy rate of 14.4%. The vacancy rate was up over the previous quarter, with net absorption totaling positive 781,041 square feet in the first quarter.
At the mid-point of 2016, Calgary’s overall retail market showed initial signs of strain against the pressures exerted by the economic downturn. Retail vacancy sat at 3.4%; slightly above the previous high water mark of 3.1% which was set in the third quarter of 2008. To place these statistics in perspective, Calgary’s retail inventory at that time was approximately 25 million square feet (msf); 63% of current volume.
Industrial vacancy rates across the combined markets of Chicago Metro, Southeast Wisconsin, and Northwest Indiana continued to improve at the start of the year. Out of nearly 1.3 billion square feet of inventory within these markets, the amount of vacant industrial product dropped to 7.27% at the end of the first quarter.
A Canadian Retail Market White Paper by Barclay Street Real Estate & Primecorp Commercial Realty- National Outlook - Retail Trends in Calgary - Retail Trends in the National Capital Region