$1.5 billion in commercial real estate transactions during the first quarter In suburban Maryland

D.C.'s office vacancy rate rose in the first quarter, as new construction became available, according to a quarterly report from CB Richard Ellis.

The vacancy rate rose to just over 10 percent, after falling into single digits at the end of 2010. Class A office space saw tenant gains, offset by tenants leaving Class B properties. CBRE said.

On the sales side, $1.5 billion in commercial real estate transactions during the first quarter was equal to almost half of total sales in 2010.



http://www.bizjournals.com

Calgary's downtown office market experienced record leasing activity in 2010

CALGARY - Record leasing activity in the downtown office market in 2010 means job growth isn't far behind, says a commercial real estate expert.
Calgary's downtown office vacancy rate dipped to a low of 0.5 per cent in 2006 but then climbed to 15.7 per cent in 2009, said Savard. It ended 2010 at 14.4 per cent.
CITI is projecting the downtown vacancy rate to be 14 per cent this year and 12 per cent in 2012 despite the addition of the massive Bow tower project, and its 1.7 million square feet, and Eighth Avenue Place, and its one million square feet, to the office inventory.

Read more: http://www.calgaryherald.com