Tag Archives: occupiers

Midtown Class A Vacancy Falls Sharply

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Manhattan Office Outlook | September 2014

MOU_Sep14JLL’s New York Research team has just released its September Manhattan Office Outlook – a monthly wrap-up of leasing activity in Manhattan, including Class A vacancy and asking rates, along with a snapshot of conditions in capital markets.

Report highlights are as follows:

Midtown Manhattan
Midtown Class A vacancy fell sharply in August to 10.7 percent from 11.2 percent in… Read More

Q2 2014 U.S. Office Outlook: enhanced absorption creates tightest office sector in years

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JLL Research is pleased to release its Q2 2014 outlook on the U.S. office sector.

Our take:

  • Increased private sector hiring has yielded higher leasing volumes and occupancy growth rates, leaving tenants the tightest market in seven years.
  • New supply has remained minimal, but will offer tenants additional options over the next 18 months in markets like Austin, Dallas, Denver, Houston, New York, Phoenix, Raleigh and the Bay Area.
  • Limited near-term supply relief and a
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