Louisville CBD Office Space Inventory |
December 2006 |
Office Space Summary |
Total leasable (net) space in 90 separate buildings (1)
Available leasable space (1)
2006 vacancy rate
Owner-occupied space in 59 separate buildings
Total existing CBD general office space (2) |
9,284,335 Sq.ft.
1,824,268 Sq.ft.
19.6%
2,089,267 Sq.ft.
12,953,169 Sq.ft. |
|
Class A Office Space |
Total leasable space in 10 separate buildings
Available leasable space
Vacancy rate
Rental range (4) |
3,527,363 Sq.ft.
353,348 Sq.ft.
10.0%
$16.50 - $25.00 |
|
Class HR-A(3) Office Space |
Total leasable space in 5 separate buildings
Available leasable space
Vacancy rate
Rental range (4) |
1,343,871 Sq.ft.
361,667 Sq.ft.
26.9%
$13.50 - $15.00 |
|
Class B Office Space |
Total leasable space in 25 separate buildings
Available leasable space
Vacancy rate
Rental range (4) |
2,198,380 Sq.ft.
584,588 Sq.ft.
26.6%
$7.50 - $19.00 |
|
Class HR-B(3) Office Space |
Total leasable space in 44 separate buildings
Available leasable space
Vacancy rate
Rental range (4) |
2,120,271 Sq.ft.
507,429 Sq.ft.
23.9%
$7.00 - $18.50 |
|
Class C Office Space |
Total leasable space in 6 separate buildings
Available leasable space
Vacancy rate
Rental range (4) |
94,450 Sq.ft.
17,236 Sq.ft.
18.2%
$6.00 - $10.00 |
|
Medical Office Buildings |
Total leasable space in 11 separate buildings
Available leasable space
Vacancy rate
Rental range |
861,686 Sq.ft.
10 ,000 Sq.ft.
1.2 %
$8.00 - $14.00 |
|
(1) Based on Commercial Kentucky, Inc. criteria for active market properties.
(2) Includes additional leasable buildings not in Commercial Kentucky, Inc inventory, office condos, office suites, owner-occupied buildings and medical office buildings.
(3) HR - Historic renovation
(4) Rental range based on quoted rate for buildings with available space.
|