The asking rent spread between direct ($79.85) and sublease ($58.94) space had widened to 26.2%.
source https://www.globest.com/2021/10/21/manhattan-sublease-space-declines-from-peak-levels/
The asking rent spread between direct ($79.85) and sublease ($58.94) space had widened to 26.2%.
Nominations are open for GlobeSt. Real Estate Forum’s Rainmakers in CRE Debt, Equity and Finance recognition. Submit a talented professional, team or company by October 22!
In some markets, there was a looming supply bubble, but the pandemic put those concerns to bed.
GlobeSt. Real Estate Forum is seeking professionals and companies that have made notable impacts on the industry through innovative efforts. The submission deadline is fast approaching on October 20.
Colliers’ DEI program raises awareness, boosts fairness and expands opportunity while leveraging ‘stronger together’ for corporate benefit.
Nominations are open for GlobeSt. Real Estate Forum’s Rainmakers in CRE Debt, Equity and Finance recognition. Submit a talented professional, team or company by October 20!
Strong third quarter activity is an accurate indicator of future office leasing, the company said.
"Be your authentic self. Life is too long to do something you do not enjoy. Pick the occupation which you would do even if you were paid nothing."
There likely won’t be another spike in rents, but rent growth is likely to persist for the long-term.
Looking for Off Market Deals? https://robertkhodadadian.com/join-skyline-properties-investor-list/