Wednesday, May 7, 2008

Santa Barbara Commercial Industrial Vacancy Rates

Bob Tuler, Paul Gamberdella, and Gene Deering from The Radius Group have sent their report out. If you want the full report contact one of them.

The following is a summary of Vacancy Rates from January 2008 to April 2008.

Santa Barbara
Office Vacancy decreased slightly from 3.0% to 2.9%.
Industrial Vacancy increased from 0.2% to 0.4%.
Retail Vacancy remained the same at 1.1% to 1.1%.

Office Vacancy increased from 3.5% to 8.6%.
Industrial Vacancy increased from 4.1% to 4.5%.


Office Vacancy decreased from 2.9% to 2.5%.
Industrial Vacancy decreased from 2.9% to 2.8%.

Please contact Bob Tuler, Paul Gamberdella, or Gene Deering for any commercial real estate related needs.

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