I took these numbers from a survey that was done almost a year ago, and they have probably improved since then.
I took a guess at the building class, although I know the vacancy rates for each class is right because they tie out to the survey (which doesn't specifically identify which buildings fit into which category).
Some interesting observations:
- Class A space inventory is tight; less than 15% available and no large contiguous blocks
- Almost half the entire vacant space in the CBD is from the First National Center, which is Class C space in it's current form
- If that space was converted to housing or leased, downtown vacancy would be under 15% overall -- very low
- Vacancy rates have been trending steadily downward for five years and rents have been going up accordingly
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