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Q4’14 MarketView reports for Albuquerque

 
I think an interesting graph is at the top of page 2 – Figure 2 Gross Activity.  This shows that while overall stats are improving, the “positive activity” (dark green bars - above 0) is erract trending flat.  2014 had less positive activity than 2013.  The improvement in key stats (net absorption, vacancy, asking lease rates) is driven by the reduction in “negative activity” (lighter green – below 0 - space vacated).  While we are not seeing big increases in lease volume, at least fewer businesses are closing and down-sizing.  We are at the bottom I hope."
Jim Smith, CCIM, SIOR | Vice President
CBRE | Brokerage Services | Industrial Specialist
6100 Uptown Blvd. NE, Suite 300| Albuquerque, NM 87110
T +1 505 837 4923 | F +1 505 837 4999 | C +1 505 975 5883
jsmith@cbre.com | www.cbre.com/jim.smith
 

What do you think?