Phoenix Office Vacancy Rate, Q3 2014: CoStar says 17.6%, JLL says 22.9% - Who's right?
Open for discussion:
Am I wrong for thinking that JLL measuring 3Q2014 Phoenix Office Vacancy at 22.9% and CoStar quoting 17.6% is a dramatic difference?
CoStar indicates that they found a net absorption for the period as 854,595 SF. JLL found absorption to be 611,258 SF.
Any guess where CoStar picked up the extra 243,337 SF in their data?