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Dc�TE: <br />T0: <br />FROi�I : <br />.�� E I�1 0� A N D U i��l <br />Aiarch 17, 1988 <br />Jim Andre <br />Crai.g A. ��laldron <br />SUBJECT: Analysis of City Va�anc� Rates <br />The following data depicts a rouc�h esti,nat� of tne �otal <br />vacancies in �he city r�lating to o£rice/warehouse, <br />office/service, ana cl�ss A- upper cla.�s ��ypa oPfic�. The <br />figures were obtained through th� cooperation oi a number of the <br />major owners in the city. Four o� �hz largest oific� warehouse <br />owners c��ere contac�ed; rwo or th� n�wer ofiice service ot�mers, <br />and five office owners. <br />It shoul� b� �ointecl ou� that th�se cigur�� are g�neral <br />indicators oF vacancies based on the afore:�e:lti.on�d sampl.e and <br />should not be ::onsid�::ea the c��£inj� ��%L wo.d on va�a►��ies iri the <br />com�nunity. The own�rs of th� tacilities wer� extre;nely <br />coop�rative and appeare� mor� than willing c:o wor;c .��ith the city. <br />1. <br />� <br />3. <br />Q�:,�;c'c�/`7a�a ol?:a�� <br />C�f�F; ce/ �ervi�:� <br />Q�i..��. <br />TOTAL ( sq . f t . ) <br />1,699,405 <br />256,000 <br />3aG,520 <br />VACANT ( sq . f t . ) <br />312�9�9 <br />79,000 <br />51 379 <br />