|
Office/Flex Space Vacancy Rates & Inventory
Vacancy
Rates
2006 |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
| Montgomery County |
8.6% |
8.4% |
8.6% |
|
| Metro Area |
9.3% |
9.5% |
9.6% |
|
2005 |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
| Montgomery County |
10.8% |
10.8% |
9.7% |
8.9% |
| Metro Area |
10.8% |
10.6% |
10.1% |
9.5% |
|
2004
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
12.0%
|
12.0%
|
11.3%
|
10.8% |
| Metro
Area |
12.4%
|
12.0%
|
11.6%
|
11.2% |
|
2003
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
11.6%
|
11.6%
|
12.1%
|
11.9%
|
| Metro
Area |
13.1%
|
13.1%
|
13.1%
|
12.5%
|
|
2002
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
10.9%
|
11.3%
|
11.5%
|
11.8%
|
| Metro
Area |
12.2%
|
12.6%
|
12.3%
|
13.3%
|
|
2001
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
7.2%
|
8.1%
|
9.1%
|
10.4%
|
| Metro
Area |
7.3%
|
9.3%
|
10.3%
|
11.3%
|
|
2000
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
6.3%
|
5.9%
|
6.7%
|
6.8%
|
| Metro
Area |
6.1%
|
5.5%
|
7.0%
|
6.7%
|
Inventory
(in square feet)
2006 |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
Montgomery County |
75,347,399 |
75,829,399 |
75,971,133 |
|
Metro Area |
429,621,867 |
433,153,821 |
435,652,520 |
|
2005 |
1st Qtr |
2nd Qtr |
3rd Qtr |
4th Qtr |
Montgomery County |
75,222,076 |
75,276,076 |
75,276,076 |
75,276,076 |
Metro Area |
422,812,014 |
424,911,415 |
429,076,942 |
427,482,984 |
|
2004
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
74,086,965
|
74,228,965
|
74,686,656 |
74,912,092 |
| Metro
Area |
413,195,998
|
414,189,193
|
418,367,435 |
419,631,354 |
|
2003
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
72,867,726
|
73,047,060
|
73,210,935
|
73,793,449
|
| Metro
Area |
415,111,556
|
416,045,823
|
416,045,823
|
412,387,764
|
|
2002
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
70,265,122
|
71,154,697
|
71,284,697
|
72,209,226
|
| Metro
Area |
405,597,517
|
408,301,728
|
410,037,452
|
413,560,468
|
|
2001
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
67,728,170
|
67,918,746
|
69,059,985
|
69,967,027
|
| Metro
Area |
386,417,418
|
392,085,843
|
396,385,426
|
400,517,069
|
|
2000
|
1st
Qtr
|
2nd
Qtr
|
3rd
Qtr
|
4th
Qtr
|
| Montgomery
County |
65,645,320
|
65,982,289
|
66,709,335
|
67,446,226
|
| Metro
Area |
373,734,674
|
375,880,452
|
379,651,304
|
383,604,616
|
Source:
CoStar Realty Information
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