Table 1.
The title is "In Many Markets, Office Vacancy Rates Reflect Concentrations of High-Tech Employment." In Austin, the vacancy rate as of June 30, 2001, was 11.8 percent, versus 5.0 percent as of December 30, 2000, an increase of 680 basis points. High-tech employment as a percentage of total market employment was 10.3 percent. In San Jose, the vacancy rate as of June 30, 2001, was 8.1 percent, versus 1.3 percent as of December 30, 2000, an increase of 680 basis points. High-tech employment as a percentage of total market employment was 27.8 percent. In San Francisco, the vacancy rate as of June 30, 2001, was 10.3 percent, versus 4.1 percent as of December 30, 2000, an increase of 620 basis points. High-tech employment as a percentage of total market employment was 8.6 percent. In Oakland, the vacancy rate as of June 30, 2001, was 9.3 percent, versus 3.0 percent as of December 30, 2000, an increase of 630 basis points. High-tech employment as a percentage of total market employment was 6.8 percent. In Seattle, the vacancy rate as of June 30, 2001, was 9.4 percent, versus 4.4 percent as of December 30, 2000, an increase of 500 basis points. High-tech employment as a percentage of total market employment was 6.8 percent. In Kansas City, the vacancy rate as of June 30, 2001, was 15.9 percent, versus 11.0 percent as of December 30, 2000, an increase of 490 basis points. High-tech employment as a percentage of total market employment was 2.7 percent. In Boston, the vacancy rate as of June 30, 2001, was 8.7 percent, versus 3.9 percent as of December 30, 2000, an increase of 480 basis points. High-tech employment as a percentage of total market employment was 8.3 percent. In Phoenix, the vacancy rate as of June 30, 2001, was 16.9 percent, versus 12.5 percent as of December 30, 2000, an increase of 440 basis points. High-tech employment as a percentage of total market employment was 4.8 percent. In Wilmington, Delaware, the vacancy rate as of June 30, 2001, was 10.4 percent, versus 6.2 percent as of December 30, 2000, an increase of 420 basis points. High-tech employment as a percentage of total market employment was 3.9 percent. In Washington, DC, the vacancy rate as of June 30, 2001, was 7.8 percent, versus 3.9 percent as of December 30, 2000, an increase of 390 basis points. High-tech employment as a percentage of total market employment was 7.8 percent. Nationally, the vacancy rate as of June 30, 2001, was 10.8 percent, versus 8.3 percent as of December 30, 2000, an increase of 250 basis points. High-tech employment as a percentage of total market employment was 4.8 percent.