Family Office Briefing on research byTranswestern·May 1, 2023
Midtown Manhattan Office Research Report - Q1 2023
Midtown Manhattan office market shows mixed results in Q1 2023 — family offices should consider co-GP opportunities with forward-thinking operators.
OfficeQ1 2023
Key Metrics
| Metric | Value |
|---|---|
| Overall Vacancy Rate | 14.2% |
| Net Absorption | -524.1Thousands SF |
| Overall Vacant SF | 40.8MSF |
| Asking Rent | $77.49PSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
Building a thesis around Office? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.
Peer Network · By Invitation
The Thesis Exchange
Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.