How to Use submarket in a Sentence

submarket

noun
  • In terms of sheer volume, the Clermont submarket is outpacing the rest of the county.
    Amanda Rabines, orlandosentinel.com, 9 Sep. 2021
  • This will be the third submarket that University Health has taregted in the past year or so.
    Laura Garcia, San Antonio Express-News, 28 Sep. 2021
  • Suddenly the office submarket is as sizzling as the city’s party scene long has been.
    Jeffrey Steele, Forbes, 25 May 2021
  • Harlem, and West Harlem in particular, is showing how this submarket can carve out its own commercial niche.
    Shimon Shkury, Forbes, 27 Sep. 2021
  • His company, Extell, is now aiming to tap into a submarket for $100 million-plus homes, says WSJ.
    Demetrius Simms, Robb Report, 16 Sep. 2022
  • In the third quarter, the industrial vacancy rate in the south suburban submarket was 2.7%, according to the firm.
    Mike Nolan, chicagotribune.com, 12 Nov. 2020
  • Of course even within a market, there are huge differences from submarket to submarket.
    Brad Hunter, Forbes, 16 Feb. 2024
  • Each city and submarket is different, and the company spends time researching those nuances.
    Madison Iszler, San Antonio Express-News, 26 Mar. 2021
  • The low capitalization rate reflects the relatively low risk of a building that’s 99% leased in Chicago’s hottest office submarket.
    Ryan Ori, chicagotribune.com, 24 June 2021
  • There weren’t a lot of new offices built there compared to larger submarkets in the Charlotte region with more construction activity — and the highest office vacancy rates.
    Chase Jordan, Charlotte Observer, 5 Feb. 2024
  • The majority of the office inventory in those submarkets is comprised of smaller offices, McShane said.
    Chase Jordan, Charlotte Observer, 5 Feb. 2024
  • In 2021, a substantial portion of the submarket’s office and industrial buildings traded hands.
    Jennifer Van Grove, San Diego Union-Tribune, 20 Jan. 2022
  • The latest data from Marquette Advisors show that at the end of September the average vacancy rate in the downtown Minneapolis submarket was 11.1%, including new projects that are still in the lease-up phase.
    Jim Buchta, Star Tribune, 24 Jan. 2021
  • The office building is a two-story, Class B multi-tenant office building located on approximately 2.0 acres in the submarket.
    David Taylor, Houston Chronicle, 8 Aug. 2020
  • Research that the developers commissioned determined that there are roughly 963 apartment units in the Fountain Square submarket and practically no vacancies.
    Alexandria Burris, The Indianapolis Star, 16 Dec. 2021
  • Using that information, reporters built a database that contained 133 deals from California and included average asking rents per square foot for vacant units at the properties and their surrounding submarkets.
    Ben Poston, Los Angeles Times, 1 Aug. 2024
  • Vacancies varied dramatically by submarket, but were generally highest in the two major downtowns and several inner-ring suburbs where apartment construction has thrived in recent years.
    Jim Buchta, Star Tribune, 12 Nov. 2020
  • Also contributing to the submarket’s livability has been thoughtful planning that fostered creation of outstanding transit conveniences and development of an array of publicly accessible amenities.
    Jeffrey Steele, Forbes, 15 Aug. 2022

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'submarket.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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