Family Office Briefing on research byTranswestern·Aug 7, 2023
Downtown Manhattan Office Research Report - Q2 2023
Downtown Manhattan office market sees highest leasing activity since late 2021 — family offices should consider co-GP opportunities with disciplined operators.
OfficeQ2 2023
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 1.4MSF |
| Net Absorption | -859.1Thousands SF |
| Overall Vacancy Rate | 19.0% |
| Overall Vacant SF | 17.5MSF |
| Asking Rent | $56.21PSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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