How to Use submarket in a Sentence
submarket
noun-
Suddenly the office submarket is as sizzling as the city’s party scene long has been.
—Jeffrey Steele, Forbes, 25 May 2021
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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
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In terms of sheer volume, the Clermont submarket is outpacing the rest of the county.
—Amanda Rabines, orlandosentinel.com, 9 Sep. 2021
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Of course even within a market, there are huge differences from submarket to submarket.
—Brad Hunter, Forbes, 16 Feb. 2024
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Each city and submarket is different, and the company spends time researching those nuances.
—Madison Iszler, San Antonio Express-News, 26 Mar. 2021
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Harlem, and West Harlem in particular, is showing how this submarket can carve out its own commercial niche.
—Shimon Shkury, Forbes, 27 Sep. 2021
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Consider looking at comparable sales data in the same submarket and asset class.
—James Nelson, Forbes, 18 Sep. 2024
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As one of the fastest-growing New York submarkets, Brooklyn will certainly ride atop the forming wave of optimism.
—Remy Raisner, Forbes, 19 Mar. 2025
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With its numerous pre-war apartment buildings, central Denver is among the more affordable metro submarkets, along with the older ring suburbs.
—Aldo Svaldi, The Denver Post, 10 Dec. 2024
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The Aurora East and West submarkets also reached 8% vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
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The transaction is one of the largest in recent memory and a rarity for the Torrey Pines submarket, where properties are not often put up for sale.
—Jennifer Van Grove, San Diego Union-Tribune, 6 Feb. 2025
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The firm prides itself on owning the best assets, co-located within mega campuses, in the best submarkets, and is in the process of selling off locations across the country that don’t match its formula.
—Jennifer Van Grove, San Diego Union-Tribune, 4 Feb. 2025
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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
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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
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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
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The majority of the office inventory in those submarkets is comprised of smaller offices, McShane said.
—Chase Jordan, Charlotte Observer, 5 Feb. 2024
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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
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According to The Times’ analysis, not all 133 properties reviewed saw rent climb faster than surrounding submarkets’.
—Andrew Khouri, Los Angeles Times, 1 Aug. 2024
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The firm cited better leasing activity across core Midtown Manhattan submarkets, a potential casino license and a recent sell-off as catalysts for the upgrade.
—Lisa Kailai Han, CNBC, 17 Mar. 2025
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Instead, the supply deluge quickly overran every submarket, every age category of apartment and every apartment type, with older apartments and studios seeing some of the biggest increases in vacancy rates.
—Aldo Svaldi, The Denver Post, 24 Jan. 2025
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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
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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
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Blackman said Near Southside is an interesting submarket for Fort Worth’s hospitality industry, and there’s enough demand in the area to warrant additional hotels.
—Kate Marijolovic, Fort Worth Star-Telegram, 11 Jan. 2025
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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