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Awesome! We've got quite a bit that will come on line in the Boston Seaport District in the neighborhood of 1.5M sq ft.... i was up on the site and spent a couple hours checking and rechecking the 2016 Q1 numbers from their city pages...
once again, the 2011 incomplete list...
Originally Posted by LINative
Manhattan - 359.3 Washington D.C. - 131.7 Chicago - 131.5 Toronto - 88.7 San Francisco - 83.2 Boston - 59.2 Atlanta - 56.9 Seattle - 52.5 Montreal - 49.4 Philadelphia - 41.5 Houston - 36.9 Denver - 25.7 Baltimore - 22.1 Phoenix - 19.9 San Diego - 10.2 San Jose - 7.5
and updated Q1 2016
office space Millions of sq ft
combined NYC metro - 523.4
Manhattan - 359.3
combined Cook County - n/a
Chicago - 159.0
combined Los Angeles + Downtown/Century City/Hollywood/Burbank/Glendale - n/a
Los Angeles Downtown (4 neighborhoods) - 33.2
combined Boston/Cambridge/Rt 128/495 Technology Belt - 221.6 (87.2 + 134.4)
Washington D.C. - 144.4
Rt 128/495 Boston Technology Belt - 134.4
combined Bay Area metro (S.F./Oak/San Jose) - 128.4
San Francisco - 90.5, East Bay/Oakland - 29.5, San Jose - 10.1
Boston/Cambridge - 87.2 (64.04 + 22.44)
combined South Florida metro - 79.8
Miami - 30.9, Ft Lauderdale - 27.0, West Palm Bch - 21.8
combined Houston metro -n/a
Houston - 43.0
*Seattle - 52.5 *updated only to 2011
Atlanta - 56.9
Pittsburg metro - 51.1
Minneapolis-St Paul metro - 45.9
combined Baltimore Metro - 45.2
Baltimore - 22.4
Dallas/Ft Worth metroplex - 42.7
Dallas - 32.0, Ft Worth 10.7
Philadelphia - 42.0
Denver - 35.0
Detroit - 33.9
Kansas City MO/KS metro - 33.5
Portland, OR - 24.8
Charlotte - 22.3
Milwaukee - 21.5
Phoenix - 20.2
Columbus - 19.8
Cleveland - 19.6
Cincinnati - 17.8
Jacksonville - 16.1
Raleigh/Durham metro - 12.28
Orlando - 12.27
Sacramento - 12.2
Nashville - 12.2
St Louis - 11.5
Indianapolis - 11.5
Richmond - 11.0
Hartford, CT - 10.7
Stamford, CT - 10.5
San Diego - 10.4
Tampa metro - 10.0
Austin - 9.6
Boston's skyline in ~4 years....
While I appreciate the effort, this list is pretty useless... It's just all over the place with what it measures for each city making it apples to oranges to kiwi... Some seem to use CBD, others city limits, others MSA, etc., making the list meaningless really.
I may be wrong, but it looks as though the person compiling the above was picking and choosing what cities to show more info for. The DC metro would indeed rank #2, having 432 million square feet of office space.
And that is just talking about U.S cities. Once you get into Canadian territory its completely different in terms of metro measures than the U.S. We don't even have MSA/CSA (a CMA which we do have is simply not the same thing) so how the heck are they coming to the counts they are for ours is beyond me.
Quote:
Originally Posted by Caesarstl
While I appreciate the effort, this list is pretty useless... It's just all over the place with what it measures for each city making it apples to oranges to kiwi... Some seem to use CBD, others city limits, others MSA, etc., making the list meaningless really.
it seems we are grossly lacking multiple data points to ensure accuracy....
Quote:
Originally Posted by revitalizer
I may be wrong, but it looks as though the person compiling the above was picking and choosing what cities to show more info for. The DC metro would indeed rank #2, having 432 million square feet of office space.
how in God's name could DC be that high? not saying you're wrong,
but, by Collier's renderings for the different districts within New York, even Manhattan's total isn't that high.
Quote:
Originally Posted by Caesarstl
While I appreciate the effort, this list is pretty useless... It's just all over the place with what it measures for each city making it apples to oranges to kiwi... Some seem to use CBD, others city limits, others MSA, etc., making the list meaningless really.
The makeup and office distribution, and economic activity of US cities is apples and oranges.
Boston and SF rank similarly in magnitude as roughly the most dense after NYC
but the reasons for this are complicated. interesting isn't it how Citylab's cities' rankings (including Boston
ranking just behind LA, but slightly ahead of DC jibe perfectly with Collier's numbers for office space in the respective markets;
Location: That star on your map in the middle of the East Coast, DMV
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Some from the statistics provided I'm showing
Washington DC DT:
144 million total vacancy 10.9%
90 million Class A- vacancy 12.1%
Surburban DC
288 million total office space- vacancy 17.5 percent
141 million Class A- vacancy 18%
Total DC metro office space
432 million- overall vacancy 14.6%
In terms of office space this puts DC metro area in a class of its own after really just Manhattan itself. There is more class A suburban office space in Metro DC than many cities/metro's total office space.
Location: That star on your map in the middle of the East Coast, DMV
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Reputation: 5786
Quote:
Originally Posted by odurandina
how do you define DC Metro?
The Boston metro is including Bostton + RT128/495 belts (the 20-35 mile zone from Downtown Boston); 221.6M sq ft.
San Francisco metro area including Oakland 120.0M sq ft.
I don't have the numbers in front of me, but I'd bet that even just with Arlington/Crystal City included DC is well over the 200 million sq ft mark. Let alone the rest of the metro that totals up to 432 million.
Our company does a lot of office investing, and I could believe that DC is #2 when you include suburban. There's a terrible over-supply issue in Northern Virginia. They built tens of millions of square feet and much of it sits empty, up to around 20%.
The current trend is tearing some down or revamping the office parks into residential. We have a few portfolios of it out there near Dulles and you just can't dump the stuff....
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