CALIFORNIA | LOCAL
June 13, 1991
The percentage of vacant housing units in Orange County has increased slightly, moving from 5.46% in January, 1990, to 5.56% in January, 1991. There is a strong regional aspect to the latest figures, with five South County cities topping the 1991 list. Laguna Beach has the highest rate this year; La Palma the lowest. Bucking the overall change, 18 cities recorded drops in vacancy, led by the 1.58% decrease in Dana Point. That change allowed Dana Point to drop from No.
BUSINESS
October 17, 1995
Fallbrook Mall, the West Hills discount mall owned by Fallbrook Square Partners, and managed by General Growth Management of Minneapolis, Minn., said leasing vacancy rates have decreased from 28% in January, 1994, to 5% in October. The improvement came with the recent opening of two new retail stores, Burlington Coat Factory and K mart. A third store, Old Navy, a division of the Gap, is scheduled to open Oct. 27.
BUSINESS
July 12, 1994
Vacancy rates in the Burbank and Glendale office space markets declined during the second quarter ended June 30, according to a study by Glendale-based CB Commercial Real Estate Group Inc. Among office buildings with 100,000 square feet of space or more, the total vacancy rate in Burbank dipped to 6.7% at the end of the second quarter, the report said, down from 8.9% for the first quarter. In the second quarter a year ago, the vacancy rate among such buildings was 10.5%.
BUSINESS
October 12, 1993 | JACK SEARLES
Ventura County's office vacancy rate dipped slightly in the third quarter, but industrial and retail vacancies rose. The latest office rate, 22.6%, compares to 22.7% in the second quarter and 24.9% a year ago, according to a study by the Oxnard office of Grubb & Ellis Commercial Real Estate Services. Industrial vacancies amounted to 12.7% in the latest quarter, up from 12.5% in the previous three months but below the 15% of the third quarter of 1992. Retail vacancies stood at 9.
BUSINESS
October 9, 2002 | Bloomberg News
The increase in U.S. office vacancies slowed in the third quarter as companies put less space up for sublease and development fell, according to Cushman & Wakefield. About 14.4% of downtown office buildings were vacant as of the end of September, compared with 14.1% at the end of June and 13.2% in March, the property broker said. The amount of space available for sublease fell for the first time since 2000.
BUSINESS
July 13, 1993 | Jack Searles
Office vacancy rates in Ventura County fell to 23.5% from 24.4% in the second quarter, according to a survey by CB Commercial Real Estate Group. Oxnard had the county's highest office vacancy rate at 29%, while Westlake Village had the lowest at 16.9%, the survey said. Industrial vacancies countywide fell to 13.2% from 14.3%. Newbury Park had the highest industrial vacancy rate with 24.2%, according to CB. The county's retail vacancies rose to 8.4% from 7.9%.