Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·Aug 7, 2023

Midtown Manhattan Office Research Report - Q2 2023

Midtown Manhattan office leasing activity increased by 24% in Q2 2023 — family offices should consider co-GP opportunities with disciplined operators.

OfficeQ2 2023

Key Metrics

MetricValue
Leasing Activity3.7MSF
Overall Vacancy Rate14.0%
Asking Rent80.34$/PSF
Net Absorption479.4Thousands SF

Metrics extracted from the source report and independently fact-checked. Method →

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.