November 6, 2003 |
The vacancy rate on the federal bench is at its lowest point in 13 years, because of a recent surge of judges nominated by President Bush and confirmed by the Senate. The intense partisan battle over a handful of judges aside, Bush has already won approval of 168 judges, more than President Reagan achieved in his first term in the White House.
July 4, 1996 |
Vacancy rates at Orange County office buildings fell to 13.96% at the end of June as more companies moved to bigger quarters, soaking up empty office space. The rate dropped nearly two percentage points from the vacancy rate of 15.86% recorded a year earlier, according to data released Wednesday by CB Commercial Real Estate Group in Newport Beach. The latest figure sends a strong signal that the commercial real estate market is recovering.
December 31, 1992 |
Take lease prices that can't go much lower. Add the fact that not a single new office building was born in Orange County this year. The result is more or less good news: a decrease in vacancy rates. The office vacancy rate for the fourth quarter is 20.2%, down from 21.7% for the same period last year, according to statistics released Wednesday by CB Commercial Real Estate Group Inc. That change of 1.
February 13, 1998 |
The U.S. office vacancy rate, buoyed by a strong economy that has companies adding workers at a record pace, has fallen into the single digits for the first time since 1981, according to a study released Thursday. The drop represents a dramatic turnaround for a property market that just a few years ago most analysts predicted would suffer from a glut of oversupply well into the 21st century.
July 26, 2007 |
Office vacancies in Los Angeles County continued to shrink during the second quarter as white-collar businesses expanded at a slow, steady rate, according to data released Wednesday. Businesses are beefing up gradually because "the economy has been good but not great," said Joe Vargas of Cushman & Wakefield, the real estate brokerage that compiled the data. "It all speaks to a very healthy office market." The county's overall vacancy rate was 9.
CALIFORNIA | LOCAL
July 18, 2000 |
Real estate developer Robert Voit bypassed an opportunity to make a shameless plug for the properties that represent his handiwork. Over a period of 20 years, Voit, president of the Voit Development Co., worked to create a mini-downtown in a series of office buildings in the area of Woodland Hills known as Warner Center. And for years, Warner Center seemed, to many, to be the corporate address in the Valley.
February 22, 2000 |
Another wave of relocations by media and entertainment companies is quickly filling up the remaining vacant office space in the Miracle Mile district of Los Angeles. But some of the newest arrivals share one distinct difference from the show biz firms that moved to the historic neighborhood east of Beverly Hills in the early 1990s. The difference is the Internet.
May 1, 2013 |
Apartment vacancies plunged in Hollywood during the last 12 months and rents increased as the neighborhood continued to rebound from the recession. But vacancies were still more plentiful in the Santa Clarita Valley, where former renters bought low-priced homes. Rents rose across most of Los Angeles County during that time as both blue- and white-collar companies added jobs at a faster pace than the national average, a report said. And landlords are expected to continue raising apartment rents in the months ahead, especially in neighborhoods where empty apartments are scarce.
July 26, 2013 |
With interest rates slowly on the rise, that means bad news for home buyers and good news for renters, right? After all, aren't the single-family and multifamily markets countercyclical? In the words of the old song, it ain't necessarily so. Here's why: The number of renters increased more than 1.1 million during 2011-12. That marked the eighth straight year of expansion, according to a Harvard University study, which finds that there is currently an "unprecedented strength of rental demand.
April 14, 2004 |
Office vacancies in U.S. cities were little changed in the first quarter, with Washington maintaining the highest occupancies and downtown Manhattan's vacancies dropping, real estate services provider Cushman & Wakefield said. The overall vacancy rate for central business districts throughout the U.S. was 15.2%, unchanged from the fourth quarter and down from 15.3% a year earlier, New York-based Cushman said. Washington's first-quarter vacancy rate was 8.5%, the lowest in the U.S.