Perhaps you’ve heard of the Big Mac Index to measure currency valuation and the Pizza Principle to index the cost of a subway ride in New York. Well, we’ve got...
- The lowest CBD vacancy rates are found in Charlotte (7.4%), Indianapolis (9.2%) and Boston (9.3%).
- The largest quarter-on-quarter CBD vacancy decreases occurred in Boston (-0.87 percentage points), Charlotte (-0.31 percentage points) and Washington, D.C. (-0.27 percentage points).
- The highest CBD asking rents are seen in Washington, D.C. ($56.44), Boston ($52.81) and Denver ($35.56).
- The largest quarter-on-quarter CBD asking rent increases happened in Green Bay (6.5%), Charlotte (5.1%) and Phoenix (1.1%).
- The highest CBD absorption totals were in Boston (660,070 square feet), Washington, D.C. (312,582 million square feet) and Denver (152,524 square feet).
- The largest quarterly increases in absorption took place in Denver (212.8%), Charlotte (27.3%) and Boston (14.2%).