Family Office Briefing on research byTranswestern·Jan 31, 2025
Midtown South Manhattan Office Research Report - Q4 2024
Midtown South Manhattan office market shows positive absorption in Q4 2024 — family offices should consider co-GP opportunities with strong operators.
OfficeQ4 2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 485.6Thousands SF |
| Overall Vacancy Rate | 19.6% |
| Overall Vacant SF | 15.9MSF |
| Asking Rent | 85.62PSF |
| Sales Volume | 800.5Millions |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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