Monday 21 October 2019

Data on the brain: Who’s inking office leases?

Office leasing in Manhattan • Midtown office leasing saw a slow August with 780,000 square feet in deals inked, down 28 percent from the month before and down 30 percent year-over-year. The availability rate rose half a percentage point, to 11.1 percent, thanks to several new availabilities. The average asking rent, meanwhile, climbed to $87.42. The largest deal in Midtown and citywide went to law firm Davis & Gilbert, which took up 85,862 square feet



source https://therealdeal.com/issues_articles/manhattan-office-leasing-through-august-2019/#new_tab

No comments:

Post a Comment