The Commercial Vacancy Multi-Family (MF) dataset shows a variety of current and historical data points regarding the commercial real estate availability, vacancy, and absorption across the entire City of Mesa for all MF properties. This dataset was collected from a third-party source, CoStar, which is a commercial real estate database. CoStar is widely accepted as the trusted, industry standard for commercial real estate data, and while the City of Mesa believes this information to be accurate, we do not claim to have verified every and all information provided. If you require further explanation of some of the real estate terms used in the dataset, please visit the CoStar Terms Glossary below, which explains each term in greater detail. CoStar Terms Glossary: https://www.costar.com/about/support/costar-glossary
This dataset has the following 28 columns:
| Column Name | API Column Name | Data Type | Description | Sample Values |
|---|---|---|---|---|
| Location | location | text | Indicates if the row is part of the Downtown area or not | Downtown Mesa Mesa view top 100 |
| Calendar Year and Quarter | calendar_year_and_quarter | text | The 3-month period, or quarter, that the data pertains to. | 2020 Q3 2002 Q2 2019 Q1 2008 Q1 2019 Q3 view top 100 |
| Quarter Date | quarter_date | calendar_date | The 3-month period, or quarter, that the data pertains to in date format. | 2004-10-01T00:00:00.000 2011-01-01T00:00:00.000 2020-07-01T00:00:00.000 2014-07-01T00:00:00.000 2020-10-01T00:00:00.000 view top 100 |
| Building Inventory | building_inventory | number | Total number of existing Multi-Family buildings in Mesa. | 29 34 831 832 28 view top 100 |
| Total Number of MF Units | total_number_of_mf_units | number | Total number of existing Multi-Family units in Mesa. | 856 1180 920 964 839 view top 100 |
| Average Square Footage of MF Units | average_square_footage_of | number | Average square footage of existing Multi-Family units in Mesa. | 555 814 619 573 815 view top 100 |
| Asking Rent Per Unit | asking_rent_per_unit | number | The asking price of rent per Multi-Family unit in Mesa. | 717 705 702 593 598 view top 100 |
| Asking Rent Per SF | asking_rent_per_sf | number | The average asking price of rent per square foot for Multi-Family units in Mesa. | 0.85 0.99 1.01 0.86 1.02 view top 100 |
| Annual Year-Over-Year Growth Rate of Asking Rent | annual_year_over_year_growth | number | The year-over-year growth in asking rent price over the same quarter from the previous year. i.e. Q3 2013 to Q3 2014. | -0.007 0.064 0.041 0.004 0.005 view top 100 |
| Effective Rent Per Unit | effective_rent_per_unit | number | The average price of rent paid per unit over the term by a tenant, adjusted downward from asking for concessions paid for by the landlord (such as free rent, moving expenses, or other allowances) | 616 696 574 588 699 view top 100 |
| Effective Rent Per Square Foot | effective_rent_per_square | number | The average price of rent paid per square foot over the term by a tenant, adjusted downward from asking for concessions paid for by the landlord (such as free rent, moving expenses, or other allowances) | 1 0.85 0.86 0.98 0.84 view top 100 |
| Annual Year-Over-Year Growth Rate of Effective Rent | annual_year_over_year_growth_1 | number | The year-over-year growth in effective rent price over the same quarter from the previous year. i.e. Q3 2013 to Q3 2014. | 0.055 0.045 0 0.053 0.017 view top 100 |
| Concessions Percentage | concessions_percentage | number | The percentage of effective rent per unit over the asking rent per unit. | 0.009 0.008 0.007 0.006 0.005 view top 100 |
| Number of Vacant MF Units | number_of_vacant_mf_units | number | The total number of vacant Multi-Family units in Mesa. | 134 160 132 113 115 view top 100 |
| MF Unit Vacancy Rate | mf_unit_vacancy_rate | number | The number of vacant Multi-Family units in Mesa against the total inventory of Multi Family units in Mesa. | 0.187 0.057 0.068 0.063 0.135 view top 100 |
| Vacancy Growth/Year | vacancy_growth_year | number | The percentage change in the vacancy rate for the quarter compared to the same quarter in the previous year. | 0.005 0.003 0.009 0.007 0.014 view top 100 |
| Number of Occupied MF Units | number_of_occupied_mf_units | number | The number of occupied Multi-Family units in Mesa. | 705 696 733 699 749 view top 100 |
| Total Percent Occupied | total_percent_occupied | number | Percentage of the Inventory Square Footage in Mesa that is occupied. | 0.813 0.9 0.865 0.951 0.932 view top 100 |
| Annual Year-Over-Year Growth Rate of Occupancy | annual_year_over_year_growth_2 | number | The year-over-year change in occupancy over the same quarter from the previous year. i.e. Q3 2013 to Q3 2014. | -0.005 -0.003 -0.009 -0.007 -0.014 view top 100 |
| Net Absorption Units | net_absorption_units | number | The total amount of Multi-Family units in Mesa that was net absorbed, which is the total units occupied less the total units vacated over a period of time. | 5 0 -1 1 -3 view top 100 |
| Net Absorption Percent | net_absorption_percent | number | The percent of units absorbed in the current quarter compared to the total number of occupancy units in the same quarter. | 0.001 0.004 0 0.006 0.002 view top 100 |
| Number of Buildings Under Construction | number_of_buildings_under | number | The total number of new Multi-Family buildings that are under construction in a given period of time. | 0 1 2 3 4 view top 100 |
| Number of Units Under Construction | number_of_units_under | number | The total number of new Multi-Family units that are under construction in a given period of time | 0 286 81 200 233 view top 100 |
| Under Construction Percent | under_construction_percent | number | 0 0.004 0.242 0.009 0.003 view top 100 | |
| Number of Buildings Delivered to Market | number_of_buildings_delivered | number | The total number of new Multi-Family buildings that were completed in a given period of time. | 0 1 2 3 5 view top 100 |
| Number of Units Delivered to Market | number_of_units_delivered | number | The total number of new Multi-Family units that were completed in a given period of time. | 0 4 81 44 276 view top 100 |
| Deliveries Percent | deliveries_percent | number | 0 0.002 0.004 0.005 0.003 view top 100 | |
| Calendar Year | calendar_year | text | The year that the data pertains to. | 2021 2014 2016 2015 2000 view top 100 |