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Q3 2016 Local Markets by Office Space Under Construction
New York 11,567,853 s.f.
Dallas 10,947,382 s.f.
Washington, DC 10,224,898 s.f.
Chicago 8,376,664 s.f.
Seattle-Bellevue 7,159,557 s.f.
Silicon Valley 5,581,376 s.f.
San Francisco 4,435,830 s.f.
Nashville 3,981,918 s.f.
Philadelphia 3,866,458 s.f.
Atlanta 3,781,397 s.f.
Denver 3,649,889 s.f.
Houston 3,224,356 s.f.
Charlotte 2,491,211 s.f.
Austin 2,221,861 s.f.
Salt Lake City 2,122,795 s.f.
Los Angeles 2,092,795 s.f.
Orange County 1,930,680 s.f.
Baltimore 1,888,432 s.f.
Boston 1,867,642 s.f.
Raleigh-Durham 1,833,068 s.f.
Phoenix 1,692,140 s.f.
Portland 1,605,421 s.f.
Fort Worth 1,222,951 s.f.
San Francisco Peninsula 1,215,839 s.f.
Miami 989,041 s.f.
Columbus 737,000 s.f.
San Antonio 728,077 s.f.
Detroit 418,334 s.f.
Pittsburgh 412,000 s.f.
Indianapolis 372,977 s.f.
Hampton Roads 287,858 s.f.
Cincinnati 260,000 s.f.
Oakland-East Bay 250,000 s.f.
Minneapolis 249,500 s.f.
Sacramento 239,770 s.f.
Cleveland 197,000 s.f.
San Diego 188,435 s.f.
New Jersey 170,445 s.f.
Orlando 135,000 s.f.
St. Louis 125,000 s.f.
Milwaukee 110,000 s.f.
Fort Lauderdale 94,817 s.f.
Richmond 60,000 s.f.
Westchester County 0 s.f.
West Palm Beach 0 s.f.
Tampa Bay 0 s.f.
North San Francisco Bay 0 s.f.
Louisville 0 s.f.
Long Island 0 s.f.
Jacksonville 0 s.f.
Fairfield County 0 s.f.
Where is Kansas City? Pittsburgh is doing well for Pittsburgh.
I was surprised it was that high for us too. I guess it must be mostly suburban projects and a few things in the Strip as well. I'm surprised New Jersey is that low, especially if that includes the entire state.
How are markets defined? Is it just the city or the metropolitan area? Also, does this include lab space?
It's not metros since SF, the East Bay (Oakland), the SF peninsula (San Mateo County), and "Silicon Valley" (Santa Clara County? SJ?) are all separate.
Surprising to see the Bay Area rank above all other regions here except for NYC, Dallas-FW, and DC...I guess just a testament to how we're finally building around here.
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