Asking rents for Midtown South office space skyrocket during Q3

Midtown South is proving to be a very popular neighborhood for office space. Average asking rents for offices in the neighborhood hit $83.14 per square foot during the third quarter, according to the Wall Street Journal, citing data from JLL.  This was the 11th consecutive quarter of growth and its highest point since 1995. Owners of trophy towers in the neighborhood are also fetching a solid premium, with average asking rents hitting $94.61 per square […]


Source: Real Estate

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