Parking rates in most North American cities saw little change from 2010 to 2011. Daily parking rates increased slightly by 0.8% while monthly rates decreased by 0.2%. Despite economic improvements, parking operators did not significantly raise rates to provide relief for businesses and consumers facing higher gas prices. Rates are expected to rise modestly in the coming year as economic recovery continues.
The document summarizes parking rates in North American central business districts in 2011. Daily parking rates increased 0.8% on average in the US but were mostly unchanged in Canada, rising 5.1% on average. Monthly unreserved parking rates in the US decreased 0.2% on average while reserved rates saw little change. Overall, parking rates remained steady during the economic recovery as demand balanced tightly with supply. Rates were expected to rise modestly in the coming year.
Parking rates in North America remained steady from 2009 to 2010 according to a survey, with daily rates decreasing slightly by 1.4% and monthly rates increasing by 1.1%. The stability in rates is due to the ongoing tight balance between parking supply and demand. With the economy expected to recover slowly, parking rates are forecast to change little in the short term but resume their long-term upward trend over the next 12 months.
North American Office highlights 2Q 2012Coy Davidson
The office market in North America saw slowing growth in the second quarter of 2012. Key indicators like absorption, vacancy rates, and sales volumes improved but at a slower pace than in 2011. Office transaction activity declined compared to the previous year. Intellectual capital, energy, and education (ICEE) markets continued to see strong demand and lower vacancy rates. While absorption remained positive, it was shrinking compared to the prior period. The average vacancy rate for the U.S. dipped below 15% for the first time in years, though new construction means it may be difficult for the rate to fall below 14% in the near future. Delinquency rates for commercial mortgage backed securities loans on office properties set new records.
The Tampa Bay Florida office market saw slow gains in the second quarter of 2012, with leasing activity edging up. While there was no swift rebound, vacancy rates declined from the previous quarter and year. Rental rates remained flat or down slightly in the first half of the year. Leasing activity is expected to remain steady in the second half, though not at a significant level as many businesses have adopted a wait-and-see approach locally and nationally.
The Tampa Bay office market saw negative absorption of 350,754 square feet in Q3 2012, though numerous small and large leases were signed that will impact absorption in the next two quarters. Vacancy rates increased slightly to 16.0% overall and 15.7% for Class A buildings. Several developments are in the planning stages, with SouthGate, a 400,000 square foot LEED building, currently in pre-leasing. The market outlook for 2013 is positive as employment continues to increase in the region.
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The Puget Sound office market continued to strengthen in Q3 2012, with declining vacancy rates and increasing rental rates. Employment growth at tech companies like Amazon fueled a drop in vacancy to 15.6% while average direct rents rose to $28.63/SF. Several large investment sales occurred, including Amazon's planned $1.16 billion purchase of its Seattle headquarters. Absorption was positive at 342,411 SF, bringing the YTD total to over 2 million SF. The market forecast calls for further declines in vacancy and rental rate growth, especially for quality Class A space downtown.
The document summarizes research on working from home (WFH) trends and implications. It finds that WFH has increased 6-fold during the pandemic and is stabilizing at around 30% of workdays. Most employees prefer a hybrid model that allows some choice over WFH days. Managing hybrid teams well requires coordinating in-person office days to promote collaboration. Offices are not expected to significantly cut space but may redesign to add meeting rooms and lounge seating. Support services may increasingly offshore under long-term hybrid models.
The document summarizes parking rates in North American central business districts in 2011. Daily parking rates increased 0.8% on average in the US but were mostly unchanged in Canada, rising 5.1% on average. Monthly unreserved parking rates in the US decreased 0.2% on average while reserved rates saw little change. Overall, parking rates remained steady during the economic recovery as demand balanced tightly with supply. Rates were expected to rise modestly in the coming year.
Parking rates in North America remained steady from 2009 to 2010 according to a survey, with daily rates decreasing slightly by 1.4% and monthly rates increasing by 1.1%. The stability in rates is due to the ongoing tight balance between parking supply and demand. With the economy expected to recover slowly, parking rates are forecast to change little in the short term but resume their long-term upward trend over the next 12 months.
North American Office highlights 2Q 2012Coy Davidson
The office market in North America saw slowing growth in the second quarter of 2012. Key indicators like absorption, vacancy rates, and sales volumes improved but at a slower pace than in 2011. Office transaction activity declined compared to the previous year. Intellectual capital, energy, and education (ICEE) markets continued to see strong demand and lower vacancy rates. While absorption remained positive, it was shrinking compared to the prior period. The average vacancy rate for the U.S. dipped below 15% for the first time in years, though new construction means it may be difficult for the rate to fall below 14% in the near future. Delinquency rates for commercial mortgage backed securities loans on office properties set new records.
The Tampa Bay Florida office market saw slow gains in the second quarter of 2012, with leasing activity edging up. While there was no swift rebound, vacancy rates declined from the previous quarter and year. Rental rates remained flat or down slightly in the first half of the year. Leasing activity is expected to remain steady in the second half, though not at a significant level as many businesses have adopted a wait-and-see approach locally and nationally.
The Tampa Bay office market saw negative absorption of 350,754 square feet in Q3 2012, though numerous small and large leases were signed that will impact absorption in the next two quarters. Vacancy rates increased slightly to 16.0% overall and 15.7% for Class A buildings. Several developments are in the planning stages, with SouthGate, a 400,000 square foot LEED building, currently in pre-leasing. The market outlook for 2013 is positive as employment continues to increase in the region.
office space toronto, toronto office space, office search toronto, office space in toronto, office rentals toronto, commercial office space, commercial real estate toronto, office rent toronto, toronto offices for lease
The Puget Sound office market continued to strengthen in Q3 2012, with declining vacancy rates and increasing rental rates. Employment growth at tech companies like Amazon fueled a drop in vacancy to 15.6% while average direct rents rose to $28.63/SF. Several large investment sales occurred, including Amazon's planned $1.16 billion purchase of its Seattle headquarters. Absorption was positive at 342,411 SF, bringing the YTD total to over 2 million SF. The market forecast calls for further declines in vacancy and rental rate growth, especially for quality Class A space downtown.
The document summarizes research on working from home (WFH) trends and implications. It finds that WFH has increased 6-fold during the pandemic and is stabilizing at around 30% of workdays. Most employees prefer a hybrid model that allows some choice over WFH days. Managing hybrid teams well requires coordinating in-person office days to promote collaboration. Offices are not expected to significantly cut space but may redesign to add meeting rooms and lounge seating. Support services may increasingly offshore under long-term hybrid models.
HORIZON TOWER
520,094 RSF
17-story medical + biomedical space
13-level parking garage; 2,700 stalls
Under Construction and
On-Schedule for 4Q2023 Delivery
This document summarizes a webinar hosted by Occupier Services on May 14th discussing strategies for leading occupiers in the "new normal". The webinar featured a panel of real estate executives from Nokia, Nestle, ServiceNow and PepsiCo discussing topics like portfolio management, transaction strategies and workplace strategies in light of COVID-19. Survey results were presented showing most occupiers anticipate a decrease in future office space needs and a preference among employees to work from home at least one day a week going forward. The webinar provided insights into how large occupiers are adapting their real estate strategies in response to the pandemic.
Houston Methodist and Colliers International HoustonCoy Davidson
Colliers International has provided real estate and advisory services to Houston Methodist Hospital since 2001. Houston Methodist is one of the largest health systems in the US, consisting of 7 hospitals and over 120 locations across the Greater Houston area. Colliers International assists Houston Methodist with services such as site selection, acquisitions, property management, and tenant representation. Some of Colliers' accomplishments for Houston Methodist include selecting and acquiring sites for new hospitals in The Woodlands and Katy, Texas, as well as five emergency care centers, and representing Houston Methodist in leasing over 230,000 square feet across 23 locations.
Despite strong demand and low vacancy rates in 2016, the healthcare industry faces uncertainties in 2017. The repeal of the Affordable Care Act and its replacement details are unknown, which may delay real estate decisions. Additionally, new Medicare reimbursement rules will challenge off-campus projects' viability and cause providers to reevaluate expansion plans. Rising costs are putting pressure on providers' operating margins as the aging population increases demand for healthcare. While fundamentals remain solid, the industry will need to make nuanced real estate decisions based on the changing policy and consumer landscape.
Colliers International Houston Trends 2017Coy Davidson
This document contains multiple charts and graphs summarizing real estate market trends in Houston, Texas from 2001 to 2016. It shows that drilling permits and rig counts in Texas peaked in the late 2000s and declined sharply after 2014. Houston gained over 100,000 jobs annually from 2009 to 2013 but saw job losses in the energy sector after 2014. Office vacancy rates in Houston doubled from the early 1980s to late 1980s during a period of rapid office development. The industrial, retail, multifamily, and construction sectors are also analyzed with statistics on vacancies, rents, absorption, construction projects, and sales.
This document summarizes economic indicators and trends in Houston, Texas. It finds that while Houston added over 15,000 jobs in 2015, growth has slowed significantly since the dramatic fall in oil prices in late 2014. The energy sector, particularly upstream exploration and production, has been hardest hit, though other industries like healthcare and trade have provided job gains. Population growth remains strong at over 2.5% annually. Despite challenges from low oil prices, Houston's diverse economy, large port and medical sector position it for continued importance.
2016 Healthcare Real Estate MarketplaceCoy Davidson
Healthcare real estate continues strong performance, with demand for medical office space expected to increase due to rising healthcare spending and an aging population. Vacancy rates have declined to 9.5% nationally as absorption remains positive, while rental rates have increased slightly. Medical office building sales volumes hit a new peak in 2015, contributing to downward pressure on capitalization rates. The outlook for 2016 is continued strong fundamentals and demand in the healthcare real estate sector.
Houston Healthcare Real Estate Market Report - Year End 2015Coy Davidson
The Texas Medical Center in Houston announced plans to expand its life science research campus by 30 acres and $1.5 billion to establish Houston as a new life science hub. Additionally, Baylor College of Medicine and CHI St. Luke's Hospital plan to develop a $1.1 billion medical campus featuring a medical school, cardiovascular research institute, and nationally recognized hospital. The expansions aim to solidify Houston's position as a leader in human health and medical research.
The office market fundamentals continued to improve in Q4 2015, with rents rising and vacancies falling in the core areas of the top 10 markets. Absorption trends were generally positive, though leasing slowed in some markets due to low availability. Tech tenants remain an important driver of leasing activity, though corporate relocations and professional services are also contributing. Rents are below prior peaks in most markets, suggesting further potential for growth in 2016 as the US economy continues moderate expansion.
This document provides a summary of the crude oil market in early 2016. It notes that crude oil prices had fallen dramatically to around $30/barrel from over $100/barrel previously. It analyzes factors contributing to lower oil prices such as increased US shale oil production, the lifting of the US oil export ban, and the market share war being waged by Saudi Arabia. The document also examines projections for global oil supply and demand in 2016-2017 and the expected impacts on production levels from US shale declines, OPEC, and potential increased exports from Iran.
This document provides information on sponsors, partners, and leadership for CRE // Tech events. It lists lead sponsors and national media sponsors. It also lists the board of advisors and regional chairs that provide leadership for CRE // Tech. Finally, it thanks sponsors and supporters for making the events possible.
The document summarizes the Q4 2014 office market report for San Francisco. Key points include:
- The vacancy rate remained flat at 7.5% due to new construction, though it has decreased 51% since 2010.
- Leasing activity was strong with 1.5 million sq ft leased in Q4 and a total of 8.1 million sq ft for the year, exceeding the annual average.
- The market posted its 18th consecutive quarter of positive absorption, with over 257,000 sq ft absorbed in Q4 and over 2.8 million sq ft for the year.
- Average rents increased to $64.79 per sq ft, a 16.2% increase over the previous
Houston Medical Office Report and Healthcare CommentaryCoy Davidson
This document summarizes healthcare real estate trends in the Houston area in 2014. It notes that the population is growing rapidly and demand for healthcare services is increasing. As a result, major hospital systems are expanding by constructing new facilities and medical office buildings in the suburbs to improve access. In the Texas Medical Center, several large hospital projects were underway or completed in 2014 that will add over a million square feet of new space. Freestanding emergency departments are also proliferating as another strategy to expand access and capture market share. Overall, the healthcare sector in Houston showed no signs of slowing down despite a downturn in the energy industry.
Despite uncertainty around the Affordable Care Act, demand for healthcare real estate continues to increase due to growth in the insured population and an aging baby boomer generation. Medical office vacancy rates are at their lowest since the recession and declining further, while modern, flexible spaces in good locations see the highest demand. Both new construction and space under construction have remained low since the recession. Healthcare industry consolidation is accelerating due to the ACA and cost pressures.
The document summarizes updates to BOMA standards for measuring and calculating rentable area in commercial real estate. It outlines revisions to Method A (legacy method) and the introduction of Method B (single load factor method) for more consistent rentable area calculations. It also discusses new enclosure requirements to provide consistent boundaries for measuring interior space. Abel Design Group presented on these updates to assist clients with applying the current BOMA standards.
North American Industrial Outlook Q4 13Coy Davidson
This document discusses trends in the North American industrial real estate market in Q4 2013. It notes that vacancy rates declined slightly to 7.69% due to strong absorption in the US market. While construction of new industrial space increased, absorption exceeded new supply, indicating no overbuilding risk. The document advocates thinking in "3D" by considering factors beyond traditional supply and demand like the impact of e-commerce, changing manufacturing processes, and transportation infrastructure on industrial real estate.
The document provides an overview and summary of Colliers' first national medical office report. It discusses key drivers of the medical office building (MOB) market, including the aging baby boomer population and Affordable Care Act. It also summarizes trends in the healthcare industry such as employment growth in outpatient care and widespread industry growth across US geographies. Healthcare real estate trends are also examined, like stable MOB vacancy rates and declining construction activity in recent years.
Houston's medical office market saw positive absorption of 662,000 square feet in 2013, with most occurring in the first half of the year. The average vacancy rate decreased to 11.7% while average rental rates increased slightly. Class A properties saw the largest decrease in vacancy, falling to 7.1% from 8.3% the prior quarter. Absorption was positive across all classes in the second half of the year, led by Class A. Leasing activity reached 391,000 square feet, mostly in smaller transactions. Sales volume slowed but included the $15.2 million purchase of a 58,000 square foot hospital. The Texas Medical Center continues to be a major economic driver for the Houston area.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
HORIZON TOWER
520,094 RSF
17-story medical + biomedical space
13-level parking garage; 2,700 stalls
Under Construction and
On-Schedule for 4Q2023 Delivery
This document summarizes a webinar hosted by Occupier Services on May 14th discussing strategies for leading occupiers in the "new normal". The webinar featured a panel of real estate executives from Nokia, Nestle, ServiceNow and PepsiCo discussing topics like portfolio management, transaction strategies and workplace strategies in light of COVID-19. Survey results were presented showing most occupiers anticipate a decrease in future office space needs and a preference among employees to work from home at least one day a week going forward. The webinar provided insights into how large occupiers are adapting their real estate strategies in response to the pandemic.
Houston Methodist and Colliers International HoustonCoy Davidson
Colliers International has provided real estate and advisory services to Houston Methodist Hospital since 2001. Houston Methodist is one of the largest health systems in the US, consisting of 7 hospitals and over 120 locations across the Greater Houston area. Colliers International assists Houston Methodist with services such as site selection, acquisitions, property management, and tenant representation. Some of Colliers' accomplishments for Houston Methodist include selecting and acquiring sites for new hospitals in The Woodlands and Katy, Texas, as well as five emergency care centers, and representing Houston Methodist in leasing over 230,000 square feet across 23 locations.
Despite strong demand and low vacancy rates in 2016, the healthcare industry faces uncertainties in 2017. The repeal of the Affordable Care Act and its replacement details are unknown, which may delay real estate decisions. Additionally, new Medicare reimbursement rules will challenge off-campus projects' viability and cause providers to reevaluate expansion plans. Rising costs are putting pressure on providers' operating margins as the aging population increases demand for healthcare. While fundamentals remain solid, the industry will need to make nuanced real estate decisions based on the changing policy and consumer landscape.
Colliers International Houston Trends 2017Coy Davidson
This document contains multiple charts and graphs summarizing real estate market trends in Houston, Texas from 2001 to 2016. It shows that drilling permits and rig counts in Texas peaked in the late 2000s and declined sharply after 2014. Houston gained over 100,000 jobs annually from 2009 to 2013 but saw job losses in the energy sector after 2014. Office vacancy rates in Houston doubled from the early 1980s to late 1980s during a period of rapid office development. The industrial, retail, multifamily, and construction sectors are also analyzed with statistics on vacancies, rents, absorption, construction projects, and sales.
This document summarizes economic indicators and trends in Houston, Texas. It finds that while Houston added over 15,000 jobs in 2015, growth has slowed significantly since the dramatic fall in oil prices in late 2014. The energy sector, particularly upstream exploration and production, has been hardest hit, though other industries like healthcare and trade have provided job gains. Population growth remains strong at over 2.5% annually. Despite challenges from low oil prices, Houston's diverse economy, large port and medical sector position it for continued importance.
2016 Healthcare Real Estate MarketplaceCoy Davidson
Healthcare real estate continues strong performance, with demand for medical office space expected to increase due to rising healthcare spending and an aging population. Vacancy rates have declined to 9.5% nationally as absorption remains positive, while rental rates have increased slightly. Medical office building sales volumes hit a new peak in 2015, contributing to downward pressure on capitalization rates. The outlook for 2016 is continued strong fundamentals and demand in the healthcare real estate sector.
Houston Healthcare Real Estate Market Report - Year End 2015Coy Davidson
The Texas Medical Center in Houston announced plans to expand its life science research campus by 30 acres and $1.5 billion to establish Houston as a new life science hub. Additionally, Baylor College of Medicine and CHI St. Luke's Hospital plan to develop a $1.1 billion medical campus featuring a medical school, cardiovascular research institute, and nationally recognized hospital. The expansions aim to solidify Houston's position as a leader in human health and medical research.
The office market fundamentals continued to improve in Q4 2015, with rents rising and vacancies falling in the core areas of the top 10 markets. Absorption trends were generally positive, though leasing slowed in some markets due to low availability. Tech tenants remain an important driver of leasing activity, though corporate relocations and professional services are also contributing. Rents are below prior peaks in most markets, suggesting further potential for growth in 2016 as the US economy continues moderate expansion.
This document provides a summary of the crude oil market in early 2016. It notes that crude oil prices had fallen dramatically to around $30/barrel from over $100/barrel previously. It analyzes factors contributing to lower oil prices such as increased US shale oil production, the lifting of the US oil export ban, and the market share war being waged by Saudi Arabia. The document also examines projections for global oil supply and demand in 2016-2017 and the expected impacts on production levels from US shale declines, OPEC, and potential increased exports from Iran.
This document provides information on sponsors, partners, and leadership for CRE // Tech events. It lists lead sponsors and national media sponsors. It also lists the board of advisors and regional chairs that provide leadership for CRE // Tech. Finally, it thanks sponsors and supporters for making the events possible.
The document summarizes the Q4 2014 office market report for San Francisco. Key points include:
- The vacancy rate remained flat at 7.5% due to new construction, though it has decreased 51% since 2010.
- Leasing activity was strong with 1.5 million sq ft leased in Q4 and a total of 8.1 million sq ft for the year, exceeding the annual average.
- The market posted its 18th consecutive quarter of positive absorption, with over 257,000 sq ft absorbed in Q4 and over 2.8 million sq ft for the year.
- Average rents increased to $64.79 per sq ft, a 16.2% increase over the previous
Houston Medical Office Report and Healthcare CommentaryCoy Davidson
This document summarizes healthcare real estate trends in the Houston area in 2014. It notes that the population is growing rapidly and demand for healthcare services is increasing. As a result, major hospital systems are expanding by constructing new facilities and medical office buildings in the suburbs to improve access. In the Texas Medical Center, several large hospital projects were underway or completed in 2014 that will add over a million square feet of new space. Freestanding emergency departments are also proliferating as another strategy to expand access and capture market share. Overall, the healthcare sector in Houston showed no signs of slowing down despite a downturn in the energy industry.
Despite uncertainty around the Affordable Care Act, demand for healthcare real estate continues to increase due to growth in the insured population and an aging baby boomer generation. Medical office vacancy rates are at their lowest since the recession and declining further, while modern, flexible spaces in good locations see the highest demand. Both new construction and space under construction have remained low since the recession. Healthcare industry consolidation is accelerating due to the ACA and cost pressures.
The document summarizes updates to BOMA standards for measuring and calculating rentable area in commercial real estate. It outlines revisions to Method A (legacy method) and the introduction of Method B (single load factor method) for more consistent rentable area calculations. It also discusses new enclosure requirements to provide consistent boundaries for measuring interior space. Abel Design Group presented on these updates to assist clients with applying the current BOMA standards.
North American Industrial Outlook Q4 13Coy Davidson
This document discusses trends in the North American industrial real estate market in Q4 2013. It notes that vacancy rates declined slightly to 7.69% due to strong absorption in the US market. While construction of new industrial space increased, absorption exceeded new supply, indicating no overbuilding risk. The document advocates thinking in "3D" by considering factors beyond traditional supply and demand like the impact of e-commerce, changing manufacturing processes, and transportation infrastructure on industrial real estate.
The document provides an overview and summary of Colliers' first national medical office report. It discusses key drivers of the medical office building (MOB) market, including the aging baby boomer population and Affordable Care Act. It also summarizes trends in the healthcare industry such as employment growth in outpatient care and widespread industry growth across US geographies. Healthcare real estate trends are also examined, like stable MOB vacancy rates and declining construction activity in recent years.
Houston's medical office market saw positive absorption of 662,000 square feet in 2013, with most occurring in the first half of the year. The average vacancy rate decreased to 11.7% while average rental rates increased slightly. Class A properties saw the largest decrease in vacancy, falling to 7.1% from 8.3% the prior quarter. Absorption was positive across all classes in the second half of the year, led by Class A. Leasing activity reached 391,000 square feet, mostly in smaller transactions. Sales volume slowed but included the $15.2 million purchase of a 58,000 square foot hospital. The Texas Medical Center continues to be a major economic driver for the Houston area.
Stark Builders: Where Quality Meets Craftsmanship!shuilykhatunnil
At Stark Builders our vision is to redefine the renovation experience by combining both stunning design and high quality construction skills. We believe that by delivering both these key aspects together we are able to achieve incredible results for our clients and ensure every project reflects their vision and enhances their lifestyle.
Although we are not all related by blood we have created a team of highly professional and hardworking individuals who share the common goal of delivering beautiful and functional renovated spaces. Our tight nit team are able to work together in a way where we pour our passion into each and every project as we have a love for what we do. Building is our life.
Dholera Smart City Latest Development Status 2024.pdfShivgan Infratech
Explore the latest development status of Dholera Smart City in 2024. Discover the progress, infrastructure, and future plans of India's first greenfield smart city.
AVRUPA KONUTLARI ESENTEPE - ENGLISH - Listing TurkeyListing Turkey
Looking for a new home in Istanbul? Look no further than Avrupa Konutlari Esentepe! Our beautifully designed homes provide the perfect blend of luxury and comfort, making them the perfect choice for anyone looking for a high-quality home in the city.
With a wide range of apartment types available, from 1+1 to 4+1, we have something to suit every need and budget. Each apartment is designed with attention to detail and features spacious and bright living areas, making them the perfect place to relax and unwind after a long day.
One of the things that sets Avrupa Konutlari Esentepe apart from other developments is our focus on creating a community that is both comfortable and convenient. Our homes are surrounded by lush green spaces, perfect for enjoying a peaceful stroll or having a picnic with friends and family. Additionally, our complex includes a variety of social and recreational amenities, such as swimming pools, sports fields, and playgrounds, making it easy for residents to stay active and socialize with their neighbors.
https://listingturkey.com/property/avrupa-konutlari-esentepe/
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...knox groups real estate
welcome to knox groups real estate company in Bangalore. best farm land for sale near Bangalore and madhugiri . Managed farmland near Kanakapura and Chickkabalapur get know more details about the projects .Knox groups is a leading real estate company dedicated to helping individuals and businesses navigate the dynamic real estate market. With our extensive knowledge, experience, and commitment to excellence, we deliver exceptional results for our clients. Discover the perfect foundation for your agricultural aspirations with KNOX Groups' prime farm lands. These aren't just plots; they're the fertile grounds where vibrant crops flourish, livestock thrives, and unique agricultural ventures come to life. At KNOX, we go beyond selling land we curate sustainable ecosystems, ensuring that your journey toward agricultural success is seamless and prosperous.
BEST FARMLAND FOR SALE | FARM PLOTS NEAR BANGALORE | KANAKAPURA | CHICKKABALP...
Colliers parking rate survey 2011
1. 2011 | CBD PARKING RATES
NORTH AMERICA | CENTRAL BUSINESS DISTRICT
PARKING RATE SURVEY
Parking Rates Little Changed
from 2010
ROSS J. MOORE Chief Economist | USA
Despite a general improvement in economic conditions, most parking garage owners and operators did not
increase parking rates during the last 12 months. which came as a relief to businesses and consumers
GLOBAL COMPARISON confronting significantly higher gas prices.
TOP 25 MONTHLY PARKING RATES* (USD)
In both Canada and the U.S, parking rates registered little change over the past twelve months with excep-
London – City 1,083.59 tion of a few secondary markets. A handful of cities saw double-digit increases, but in most markets park-
London – West End 1,014.32 ing rates held steady, rose marginally, or dropped by just a few percent. This somewhat directionless
pattern largely reflects the uneven nature of the current economic recovery.
Zurich 822.15
Hong Kong 744.72 Daily and monthly parking rates mostly held steady over the past 12 months, with daily parking up 0.8
Tokyo 744.00 percent (reversing a 1.4 percent decrease last year) while monthly rates decreased 0.2 percent (reversing
a 1.1 percent increase in 2009-2010). Largely supporting parking rates is the continued tight balance
Rome 718.90
between supply and demand—even with the economy still far from operating at full capacity. Despite a
Perth 717.43 modest uptick in office leasing activity and a general improvement in the business landscape, monthly
Geneva 704.70 parking rates didn’t increase, as is usually the case. Daily rates, which tend to track the general economy
and consumer spending, show marginally improved demand for infrequent parking, and most likely reflect
Sydney 695.31 a return to more normal driving patterns and the need (and desire) to be downtown.
Melbourne 598.39
While many businesses and consumers are still acting cautiously, demand for parking looks to be slowly
Amsterdam 586.62
returning to pre-recession levels. Parking garage owners and operators have largely held rates steady for
Vienna 575.12 the past several years, but it is unlikely this will be the case for a third consecutive year. With the economic
Brisbane 568.89 recovery anticipated to stay on
Copenhagen 567.13 NORTH AMERICA – TOP 10 DAILY PARKING RATES track and a modest improvement
in the labor market, parking rates
Stockholm 546.41 50 are expected to rise by a modest
2011 41.00
amount in the coming year.
38.00
New York – Midtown 541.00
34.00
40
Parking Rates – Median (US$)
Beyond the next 12 months,
32.00
2010
30.00
30.00
New York – Downtown 533.00
however, parking rates are
26.00
26.00
26.00
24.00
Milan 517.61 30 expected to increase by at least
Birmingham 496.44 high single digits.
20
Calgary, AB 486.34
Colliers parking rate survey
10
Boston, MA 438.00 includes 61 central business
Manchester 428.82 districts across North America.
0
(U.S.: 49, Canada: 12)
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n
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A
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M
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continued on page 5
Ne
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*Monthly unreserved median rates
www.colliers.com
2. CBD PARKING RATE SURVEY | 2011 | NORTH AMERICA
UNITED STATES
DAILY PARKING RATE (USD) HOURLY PARKING RATE (USD)
% CHANGE
MARKET HIGH LOW MEDIAN FROM 2010 HIGH LOW MEDIAN
Atlanta, GA 22.00 5.00 12.00 0.0 8.00 1.00 4.00
Bakersfield, CA 10.00 6.00 8.00 0.0 3.50 2.00 1.75
Bellevue, WA 20.00 12.00 17.26 23.3 7.00 3.00 6.00
Boise, ID 12.00 12.00 12.00 0.0 1.50 1.50 1.50
Boston, MA 40.00 20.00 34.00 6.3 26.00 5.00 12.00
Charleston, SC 16.00 10.00 10.00 0.0 4.00 1.00 2.00
Chicago, IL 52.00 17.00 32.00 3.2 28.00 10.00 17.00
Cincinnati, OH 15.00 6.00 10.00 2.6 6.50 1.00 3.50
Cleveland, OH 16.00 3.00 8.50 1.4 12.00 2.25 7.00
Columbia, SC 12.00 7.00 10.00 0.0 3.00 0.75 1.25
Columbus, OH 15.00 4.00 10.00 0.0 8.00 1.00 3.00
Dallas, TX 21.00 3.00 10.25 2.5 10.00 1.00 4.50
Denver, CO 26.00 12.00 16.00 0.0 10.00 2.00 8.00
Fresno, CA 10.00 8.00 9.00 0.0 3.00 1.00 1.50
Ft. Lauderdale, FL 25.00 10.00 15.00 0.0 3.00 0.50 1.00
Greenville, SC 6.00 6.00 6.00 0.0 1.50 0.50 1.00
Hartford, CT 30.00 14.00 19.00 -5.0 5.00 2.00 3.00
Honolulu, HI 75.00 21.00 38.00 -7.3 10.00 2.25 6.00
Houston, TX 30.00 5.00 14.50 20.8 13.00 2.00 4.50
Indianapolis, IN 24.00 3.00 12.00 -7.7 3.00 1.00 2.00
Jacksonville, FL 12.84 6.42 8.56 -1.6 4.00 1.07 1.47
Kansas City, KS 16.00 5.00 10.88 – 4.00 2.00 3.50
Little Rock, AR 10.00 3.00 7.36 -8.0 1.50 1.00 1.29
Los Angeles, CA 47.00 5.00 30.00 1.2 25.00 4.00 12.50
Memphis, TN 6.00 1.00 4.00 0.0 12.00 2.00 6.00
Miami, FL 19.00 5.00 17.00 0.0 6.00 3.00 5.00
New Haven, CT 18.00 14.00 17.10 – 4.00 3.00 3.80
New York – Downtown 40.00 20.00 30.00 -3.2 27.00 10.00 20.00
New York – Midtown 72.00 12.00 41.00 2.5 40.00 9.00 22.00
Oakland, CA 30.00 9.00 18.00 0.0 6.00 2.25 4.00
Omaha, NE 25.00 7.50 15.00 – 10.00 3.00 6.00
Orlando, FL 30.00 10.00 15.00 0.0 6.00 1.00 2.00
Philadelphia, PA 34.00 18.00 26.00 0.0 17.00 8.00 13.00
Phoenix, AZ 12.00 7.00 8.00 -11.1 3.00 1.50 2.50
Portland, OR 25.00 7.00 15.00 15.4 12.00 1.50 5.00
Raleigh, NC 12.00 6.00 10.00 – 3.00 0.50 1.00
Sacramento, CA 20.00 6.00 15.00 -25.0 5.25 1.00 3.00
San Diego, CA 30.00 18.00 26.00 0.0 10.00 6.00 8.00
San Francisco, CA 39.00 7.50 26.00 4.0 18.00 2.50 9.00
San Jose/Silicon Valley, CA 20.00 5.00 15.00 0.0 3.75 2.25 3.00
Savannah, GA 16.00 10.00 10.00 0.0 2.00 1.00 1.00
Seattle, WA 35.00 14.00 24.00 -4.0 13.00 4.00 9.00
St. Louis, MS 24.00 4.00 12.00 – 4.00 1.00 2.00
Tampa, FL 20.00 7.00 11.00 -26.7 3.50 1.50 2.25
Walnut Creek, CA 10.00 6.00 8.00 0.0 3.00 1.00 2.00
Washington, DC 20.00 16.00 18.00 20.0 12.00 9.00 10.00
West Palm Beach, FL 20.00 15.00 16.00 0.0 1.50 0.75 1.00
U.S. NATIONAL AVERAGE 24.25 9.12 16.12 0.8 8.99 2.63 5.32
CANADA
DAILY PARKING RATE (CAD) HOURLY PARKING RATE (CAD)
% CHANGE
MARKET HIGH LOW MEDIAN FROM 2010 HIGH LOW MEDIAN
Calgary, AB 35.00 11.00 25.00 13.6 10.00 3.00 7.00
Edmonton, AB 30.00 8.00 18.00 28.6 5.00 3.00 5.00
Halifax, NS 20.00 10.00 14.00 -12.5 4.00 2.00 3.00
Kitchener-Waterloo, ON 18.00 10.00 12.00 20.0 3.00 2.00 2.75
Montreal, QC 20.00 15.00 18.00 5.9 10.50 6.00 9.00
Ottawa, ON 24.00 12.00 15.00 -16.7 7.00 4.50 4.00
Regina, SK 10.00 6.00 10.00 0.0 3.00 1.00 2.00
Saskatoon, SK 12.00 8.50 9.25 -2.6 3.00 2.00 2.00
Toronto, ON 38.00 14.00 23.00 0.0 21.00 4.00 9.00
Vancouver, BC 31.00 10.00 20.00 8.1 9.00 2.50 7.00
Victoria, BC 15.00 10.75 13.50 22.7 2.25 1.00 1.25
Winnipeg, MB 12.00 8.00 9.00 0.0 4.50 2.00 4.00
CANADA NATIONAL AVERAGE 22.08 10.27 15.56 4.9 6.85 2.75 4.67
P. 2 | COLLIERS INTERNATIONAL
3. CBD PARKING RATE SURVEY | 2011 | NORTH AMERICA
UNITED STATES
MONTHLY UNRESERVED PARKING RATE (USD) MONTHLY RESERVED PARKING RATE (USD)
% CHANGE
MARKET HIGH LOW MEDIAN FROM 2010 HIGH LOW MEDIAN
Atlanta, GA 135.00 35.00 95.00 2.2 200.00 40.00 150.00
Bakersfield, CA 65.00 45.00 55.00 0.0 70.00 60.00 60.00
Bellevue, WA 221.00 109.50 180.00 11.1 390.00 150.00 317.22
Boise, ID 90.00 80.00 80.00 0.0 100.00 90.00 95.00
Boston, MA 520.00 320.00 438.00 3.1 675.00 350.00 453.00
Charleston, SC 140.00 110.00 120.00 9.1 150.00 125.00 135.00
Chicago, IL 435.00 200.00 289.00 -9.7 515.00 260.00 400.00
Cincinnati, OH 225.00 90.00 160.00 6.7 250.00 170.00 200.00
Cleveland, OH 225.00 70.00 140.00 -9.7 245.00 150.00 185.00
Columbia, SC 90.00 52.00 65.00 0.0 135.00 65.00 85.00
Columbus, OH 190.00 75.00 110.00 -12.0 220.00 100.00 142.00
Dallas, TX 155.00 40.00 85.00 0.0 300.00 100.00 155.00
Denver, CO 200.00 100.00 175.00 0.0 275.00 185.00 225.00
Fresno, CA 95.00 50.00 60.00 -7.7 100.00 60.00 70.00
Ft. Lauderdale, FL 90.00 60.00 78.00 20.0 200.00 100.00 138.00
Greenville, SC 69.70 69.70 69.70 0.0 94.70 94.70 94.70
Hartford, CT 264.05 151.69 201.12 14.9 264.05 151.69 201.12
Honolulu, HI 253.40 172.77 217.28 -3.4 425.00 260.00 345.28
Houston, TX 250.00 50.00 153.00 4.8 417.00 98.00 237.00
Indianapolis, IN 155.00 60.00 120.00 4.3 175.00 105.00 150.00
Jacksonville, FL 125.00 85.60 101.65 6.4 155.15 107.00 107.00
Kansas City, KS 136.00 65.00 90.61 – 155.00 94.00 120.00
Las Vegas, NV 65.00 65.00 65.00 0.0 95.00 95.00 95.00
Little Rock, AR 80.62 53.75 66.17 11.9 91.38 59.12 74.02
Los Angeles, CA 363.00 100.00 209.50 -0.2 598.00 192.00 282.50
Memphis, TN 90.00 20.00 57.00 0.0 140.00 65.00 100.00
Miami, FL 163.00 50.00 125.00 -16.7 193.00 110.00 150.00
New Haven, CT 185.50 95.40 137.00 – – – –
New York - Downtown 800.00 310.00 533.00 0.8 – – –
New York - Midtown 1,200.00 379.00 541.00 0.6 – – –
Oakland, CA 225.00 140.00 192.50 -1.3 265.00 250.00 255.00
Omaha, NE 82.50 47.50 67.50 – 117.50 47.50 67.50
Orlando, FL 180.00 55.00 80.00 -8.6 360.00 75.00 150.00
Philadelphia, PA 464.00 175.00 303.63 1.2 582.00 200.00 370.13
Phoenix, AZ 80.00 25.00 50.00 25.0 95.00 30.00 65.00
Portland, OR 210.00 130.00 185.00 0.0 260.00 150.00 190.00
Raleigh, NC 105.00 70.00 100.00 – 145.00 115.00 125.00
Reno, NV 55.00 30.00 45.00 0.0 75.00 45.00 60.00
Sacramento, CA 200.00 100.00 155.00 -22.5 225.00 150.00 185.00
San Diego, CA 190.00 150.00 170.00 0.0 275.00 190.00 225.00
San Francisco, CA 550.00 200.00 375.00 0.0 600.00 225.00 400.00
San Jose/Silicon Valley, CA 165.00 70.00 100.00 0.0 250.00 150.00 200.00
Savannah, GA 100.00 35.00 80.00 0.0 280.00 125.00 160.00
Seattle, WA 400.00 200.00 294.00 3.2 680.68 265.00 379.00
St. Louis, MS 200.00 45.00 90.00 – 160.00 110.00 140.00
Tampa, FL 150.00 100.00 125.00 -7.4 250.00 145.00 195.00
Walnut Creek, CA 75.00 45.00 60.00 0.0 150.00 100.00 125.00
Washington, DC 295.00 220.00 260.00 6.1 625.00 350.00 475.00
West Palm Beach, FL 100.00 30.00 56.00 -18.7 125.00 40.00 72.00
U.S. NATIONAL AVERAGE 222.51 102.69 155.22 -0.2 264.10 134.76 187.08
CANADA
MONTHLY UNRESERVED PARKING RATE (CAD) MONTHLY RESERVED PARKING RATE (CAD)
% CHANGE
MARKET HIGH LOW MEDIAN FROM 2010 HIGH LOW MEDIAN
Calgary, AB 625.00 252.00 472.50 4.2 708.00 340.00 504.00
Edmonton, AB 350.00 130.00 275.00 0.0 375.00 240.00 340.00
Halifax, NS 187.75 157.75 166.75 5.4 230.00 155.25 157.75
Kitchener-Waterloo, ON 137.20 107.35 128.24 9.7 152.87 118.65 135.76
Montreal, QC 461.50 250.00 296.21 5.6 594.00 338.63 422.77
Ottawa, ON 282.00 187.00 195.00 -6.6 290.00 200.00 240.00
Regina, SK 215.25 110.25 168.00 3.2 246.75 131.25 190.00
Saskatoon, SK 183.75 152.25 157.50 -5.7 367.50 152.25 173.25
Toronto, ON 621.50 226.00 332.38 -1.2 680.00 310.00 480.25
Vancouver, BC 501.42 169.40 287.98 7.9 596.29 243.94 420.11
Victoria, BC 246.40 123.20 184.80 2.7 369.60 212.80 280.00
Winnipeg, MB 278.25 120.75 152.25 0.0 278.25 152.25 194.25
CANADA NATIONAL AVERAGE 340.84 165.50 234.72 2.1 407.36 216.25 294.85
COLLIERS INTERNATIONAL | P. 3
4. CBD PARKING RATE SURVEY | 2011 | NORTH AMERICA
UNITED STATES
GARAGES OFFERING TYPICAL WAIT GARAGES TO BE NUMBER OF
ADDITIONAL GARAGES WITH PERIOD AVAILABILITY ADDED IN NEXT PARKING SPOTS
MARKET SERVICES (%) WAITING LISTS (%) (MONTHS) OF PARKING 24 MONTHS TO BE ADDED
Atlanta, GA 25% 0% – Fair 0 0
Bakersfield, CA 0% 0% – Fair 0 0
Bellevue, WA 25% 0% – Fair 0 0
Boise, ID 0% 75% – Limited 0 0
Boston, MA 25% 0% – Fair 0 0
Charleston, SC 0% 50% 12 Limited 0 0
Chicago, IL 50% 15% 2.5 Fair 0 0
Cincinnati, OH 25% 50% – Limited 1 1,400
Cleveland, OH – – – – – –
Columbia, SC 0% 20% 3 Fair 1 532
Columbus, OH 20% 50% – Fair 0 0
Dallas, TX 50% 25% – Fair 0 0
Denver, CO 25% 0% – Fair 0 0
Fresno, CA 10% 0% – Fair 0 0
Ft. Lauderdale, FL 25% 5% – Fair 0 0
Greenville, SC 0% 0% – Abundant 0 0
Hartford, CT 10% 20% 1 Abundant 0 0
Honolulu, HI 5% 10% – Limited 0 0
Houston, TX 75% – – Limited 0 0
Indianapolis, IN 10% 5% 1 Fair 0 0
Jacksonville, FL 25% 5% 1 Fair 0 0
Kansas City, KS 0% 5% – Fair 0 0
Las Vegas, NV 0% 0% – Fair 0 0
Little Rock, AR 20% 25% 1.5 Fair 0 0
Los Angeles, CA 15% 10% – Fair 0 0
Memphis, TN 5% 5% – Fair 0 0
Miami, FL 25% 5% – Fair 0 0
New Haven, CT 10% 20% 4.5 Fair 1 550
New York - Downtown 100% 5% – Fair 0 0
New York - Midtown 100% 5% – Fair 0 0
Oakland, CA 5% 0% 24 Fair 0 0
Omaha, NE 0% 75% 6 Limited 0 0
Orlando, FL 20% 20% – Fair 0 0
Philadelphia, PA 20% 5% – Fair 0 0
Phoenix, AZ 10% 0% – Abundant 2 1,000
Portland, OR 10% 5% – Fair 0 0
Raleigh, NC 0% 10% 6 Fair 0 0
Reno, NV 0% 0% – Fair 0 0
Sacramento, CA 25% 0% – Fair 0 0
San Diego, CA 5% 0% – Limited 0 0
San Francisco, CA 50% 5% – Fair 0 0
San Jose/Silicon Valley, CA 20% 0% – Fair 0 0
Savannah, GA 0% 0% – Limited – –
Seattle, WA 8.10% 5% – Fair 0 0
St. Louis, MS 15% 25% 3 Limited 0 0
Tampa, FL 0% 10% – Fair 0 0
Walnut Creek, CA 10% 10% – Abundant 0 0
Washington, DC 50% 10% – Fair 0 0
West Palm Beach, FL 25% 5% – Fair 0 0
U.S. NATIONAL AVERAGE 19.9% 12.7% 5.5 – – –
CANADA
GARAGES OFFERING TYPICAL WAIT GARAGES TO BE NUMBER OF
ADDITIONAL GARAGES WITH PERIOD AVAILABILITY ADDED IN NEXT PARKING SPOTS
MARKET SERVICES (%) WAITING LISTS (%) (MONTHS) OF PARKING 24 MONTHS TO BE ADDED
Calgary, AB 10% 50% – Fair 3 n/a
Edmonton, AB 5% 10% 1 Fair 1 n/a
Halifax, NS 0% 75% 10.5 Limited 0 0
Kitchener-Waterloo, ON 0% 25% 18.5 Fair 1 412
Montreal, QC 65% 25% 5 Limited 0 0
Ottawa, ON 50% 25% 3 Fair 1 50
Regina, SK 0% 50% 60 Limited 1 53
Saskatoon, SK 0% 75% 18 Limited 0 0
Toronto, ON 25% 15% – Fair 0 0
Vancouver, BC 25% 25% 2 Fair 0 0
Victoria, BC 0% 50% 9 Limited 0 0
Winnipeg, MB 5% 5% 2.5 Fair 0 0
CANADA NATIONAL AVERAGE 15.4% 35.8% 9.1 – – –
P. 4 | COLLIERS INTERNATIONAL
5. CBD PARKING RATE SURVEY | 2011 | NORTH AMERICA
Parking Rates Little Changed From 2010 UNITED STATES MONTHLY PARKING RATES* (USD)
Continued from page 1 0 100 200 300 400 500 600
New York - Midtown 541.00
New York - Downtown 533.00
UNITED STATES Boston, MA 438.00
• Monthly parking rates decreased marginally during the past 12 months, San Francisco, CA 375.00
Philadelphia, PA 303.63
dropping $0.34 or 0.2%. Seattle, WA 294.00
• The monthly U.S. median parking rate now averages $155.22 USD per month. Chicago, IL 289.00
Washington, DC 260.00 U
• By contrast daily rates increased slightly rising 0.8%. Honolulu, HI 217.28
Los Angeles, CA 209.50
• The U.S. median rate for daily parking now averages $16.49 USD. Hartford, CT 201.12
• As was the case a year ago, extremes in monthly parking rates range from a Oakland, CA 192.50
Portland, OR 185.00
high of $1,200.00 USD in Midtown Manhattan to a low of $20.00 USD in Bellevue, WA 180.00
Memphis. Denver, CO 175.00
San Diego, CA 170.00
• The five most expensive parking districts (as represented by median rate) in Cincinnati, OH 160.00
the United States: Midtown Manhattan ($541.00 USD), Lower Manhattan U.S. NATIONAL AVERAGE 155.22
($533.00), Boston ($438.00), San Francisco ($375.00) and Chicago Sacramento, CA 155.00
Houston, TX 153.00
($289.00) per month.
Cleveland, OH 140.00
• The five least expensive: Reno ($45.00), Phoenix ($50.00 USD), Bakersfield New Haven, CT 137.00
Miami, FL 125.00
($55.00), West Palm Beach ($56.00), and Memphis ($57.00) median rate per
Tampa, FL 125.00
month. Charleston, SC 120.00
Indianapolis, IN 120.00
• Continuing a trend seen over the past few years, 12.7% of parking garages had
Columbus, OH 110.00
a waiting list with an average wait of 5.5 months, compared with 12 months Jacksonville, FL 101.65 San
ago when 11.6% had a waiting list with an average wait of 6.2 months. Three Raleigh, NC 100.00
years ago 20.9% had a waiting list. San Jose/Silicon Valley, CA 100.00
Atlanta, GA 95.00
• In all but a few cities, parking is far from abundant. Just four markets— Kansas City, KS 90.61
Greenville, S.C., Phoenix, Hartford and Walnut Creek, Calif.—described the St. Louis, MS 90.00
Dallas, TX 85.00
supply of parking in their city as ample or plentiful. Nearly three quarters Boise, ID 80.00
(73%) of cities surveyed described supply as “fair” (i.e., parking garages are Orlando, FL 80.00
60-80% full Mon-Fri and on weekends during special events), while 19% Savannah, GA 80.00
Ft. Lauderdale, FL 78.00
indicated parking was “limited” (parking garages are usually full Mon-Fri and Greenville, SC 69.70
on weekends during special events) and eight percent said “abundant” Omaha, NE 67.50
(parking garages are consistently less than 60% full). By these measures, Little Rock, AR 66.17
Columbia, SC 65.00
parking pressures have increased modestly. 65.00
Las Vegas, NV
• Just 10% of cities surveyed indicated new garages will be constructed in the Fresno, CA 60.00
Walnut Creek, CA 60.00
next 24 months. 57.00
Memphis, TN
West Palm Beach, FL 56.00
Bakers eld, CA 55.00
CANADA Phoenix, AZ 50.00
Reno, NV 45.00
• Monthly parking rates in Canada increased by $4.89 CAD, a 2.1% gain over the
0 100 200 300 400 500 600
past year. This is broadly in line with increases recorded in 2009–2010.
*Monthly unreserved median rates
• The monthly median parking rate in Canada now averages $234.72 CAD.
• By comparison Canadian daily rates increased by 4.9% after increasing 2.0%
in 2009/2010 CANADA MONTHLY PARKING RATES* (CAD)
• In central business districts across Canada the median rate for daily parking 0 100 200 300 400 500 600
now averages $15.56 CAD. Calgary, AB 472.50
Toronto, ON 332.38
• The five most expensive parking districts in Canada (as represented by median
Montreal, QC 296.21
rate) are Calgary ($473.00 CAD), Toronto ($332.00), Montreal ($296.00), Vancouver, BC 287.98
Vancouver ($288.00), and Edmonton ($275.00) per month. Edmonton, AB 275.00
CANADA NATIONAL AVERAGE 234.72
Ottawa, ON 195.00
INTERNATIONAL (SEE GLOBAL REPORT FOR FULL LIST) Victoria, BC 184.80
• London again ranked as the most expensive (as represented by median Regina, SK 168.00
Halifax, NS 166.75
monthly rate) with London – City leading the way ($1,084.00 USD) followed by
Saskatoon, SK 157.50
London – West End ($1,014.00), Zurich ($822.00), Hong Kong ($745.00), Winnipeg, MB 152.25
Tokyo ($744.00), Rome ($719.00), Perth ($717.00), Geneva ($705.00), Sydney Kitchener-Waterloo, ON 128.24
($695.00) and Melbourne ($598.00) rounding out the top ten. 0 100 200 300 400 500 600
*Monthly unreserved median rates
COLLIERS INTERNATIONAL | P. 5