Aug
28

Colliers Releases Columbia Parking Report

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The vacancy rate for parking garages in Columbia’s Central Business District (CBD) was 29.02% at mid-year 2014, down from 33.29% the previous year. This decrease in parking availability reflects the tightening CBD office market which was 88.19% occupied at midyear 2014. City owned parking facilities reported a vacancy rate higher than those of the private sector with vacancy rates of 31.30% and 27.19%, respectively.

DOWNLOAD THE REPORT HERE

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