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OFFICE VACANCY DECLINES IN MAJOR MARKETS IN Q2 2013

OFFICE VACANCY DECLINES IN MAJOR MARKETS IN Q2 2013

Miami — June 26, 2013 — Office vacancy rates declined in most major U.S. markets during Q2 2013, according to preliminary data from CBRE Group, Inc. Ten of the 13 largest markets showed declines in office vacancy, led by Boston and Houston. Industrial availability* continued to decrease in major U.S. markets as well, according to CBRE. Miami posted the largest decrease in industrial availability, dropping 100 basis points (bps), to 8.1%.

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CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627