| Submarket |
RSF |
New Product |
Vacant 12/31/03 |
Vacant 12/31/04 |
Vacant 12/31/05 |
Vacant 12/31/06 |
Vacant 12/31/07 |
Vacant
12/31/08 | Net Absorption |
Occ% |
|
Distribution |
| CBD |
264,394 |
0 |
113,123 |
7,920 |
75,370 |
25,000 |
18,000 |
21,000 |
(3,000) |
92.1 |
| East |
1,596,987 |
0 |
21,602 |
244,197 |
292,837 |
98,354 |
303,300 |
278,692 |
24,608 |
82.5 |
| Northcentral |
2,231,526 |
428,896 |
156,292 |
178,718 |
120,544 |
140,600 |
76,400 |
192,774 |
312,522 |
91.4 |
Northeast |
12,250,934 |
315,632 |
1,516,462 |
1,437,659 |
1,300,985 |
1,085,144 |
1,026,889 |
1,318,747 |
23,774 |
89.2 |
| Northwest |
428,919 |
0 |
76,528 |
67,850 |
84,547 |
0 |
30,226 |
81,277 |
(51,051) |
81.1 |
| Southwest |
690,000 |
0 |
0 |
0 |
183,600 |
292,100 |
306,200 |
191,800 |
114,400 |
72.2 |
West |
955,107 |
0 |
188,501 |
180,134 |
200,096 |
101,138 |
60,100 |
79,176 |
(19,076) |
91.7 |
| Totals |
18,417,867 |
744,528 |
2,072,508 |
2,116,478 |
2,257,979 |
1,742,336 |
1,821,115 |
2,163,466 |
402,177 |
88.3 |
|
Service Center |
| East |
50,400 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
100.0 |
| Northcentral |
2,244,195 |
19,917 |
312,861 |
309,688 |
305,400 |
284,782 |
230,820 |
275,688 |
(24,951) |
87.7 |
| Northeast |
1,082,599 |
0 |
121,751 |
124,643 |
156,640 |
98,459 |
105,696 |
149,709 |
(44,013) |
86.2 |
| Northwest |
1,019,280 |
0 |
152,503 |
114,028 |
141,947 |
120,939 |
122,624 |
120,035 |
2,589 |
88.2 |
| West |
231,404 |
0 |
46,939 |
32,113 |
40,744 |
34,667 |
38,635 |
45,349 |
(6,714) |
80.4 |
| Totals |
4,627,878 |
19,917 |
634,054 |
580,472 |
644,731 |
538,847 |
497,775 |
590,781 |
(73,089) |
87.2 |
|
Combined |
| CBD |
264,394 |
0 |
113,123 |
7,920 |
75,370 |
25,000 |
18,000 |
21,000 |
(3,000) |
92.1 |
| East |
1,647,387 |
0 |
21,602 |
244,197 |
292,837 |
98,354 |
303,300 |
278,692 |
24,608 |
83.1 |
| Northcentral |
4,475,721 |
448,813 |
469,153 |
488,406 |
425,944 |
425,382 |
307,220 |
468,462 |
287,571 |
89.5 |
| Northeast |
13,333,533 |
315,632 |
1,638,213 |
1,562,302 |
1,457,625 |
1,183,603 |
1,132,585 |
1,468,456 |
(20,239) |
89.0 |
| Northwest |
1,448,199 |
0 |
229,031 |
181,878 |
226,494 |
120,939 |
152,850 |
201,312 |
(48,462) |
86.1 |
| Southwest |
690,000 |
0 |
0 |
0 |
183,600 |
292,100 |
306,200 |
191,800 |
114,400 |
72.2 |
| West |
1,186,511 |
0 |
235,440 |
212,247 |
240,840 |
135,805 |
98,735 |
124,525 |
(25,790) |
89.5 |
| Totals |
23,320,745 |
764,445 |
2,706,562 |
2,696,950 |
2,902,710 |
2,281,183 |
2,318,890 |
2,754,247 |
329,088 |
88.0 |
|