Family Office Briefing on research byTranswestern·Aug 2, 2024
Downtown Manhattan Office Research Report - Q2 2024
Downtown Manhattan office leasing shows signs of recovery in Q2 2024 — family offices may consider co-GP opportunities with operators focused on redevelopment.
OfficeQ2 2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 137.8Thousands SF |
| Overall Vacancy Rate | 18.8% |
| Overall Vacant SF | 17.1MSF |
| Asking Rent | 54.96PSF |
| Sales Volume | 165.2Millions |
Metrics extracted from the source report and independently fact-checked. Method →
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