Advertisement
YOU ARE HERE: LAT HomeCollections

COMMERCIAL REAL ESTATE

Real Estate Trends

July 13, 1999

Burbank Office Net Absorption

(in millions of square feet)

Eight-quarter average: 0.03 million square feet

Burbank Office Vacancy Rates:

2nd-quarter 1999, with sublet: 5.3%

1999 QII: Without sublet: 4.4%

Note: Net absorption reflects the gain in rented space. Vacancy rate is the total vacant square footage divided by total rentable square footage in all existing buildings. Sublet space is space rented by primary tenants that is vacant and available for sublease.

Source: CoStar

Advertisement
Los Angeles Times Articles
|
|
|