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Phoenix Office Vacancy Rate, Q3 2014: CoStar says 17.6%, JLL says 22.9% - Who's right?
    
Phoenix

October 21, 2014

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?

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