Office leasing hits record levels in Manhattan, and more of the biggest trends in CRE right now

Office leasing hits record levels in Manhattan Although 2018 was rough for some segments of the real estate industry, it was a record-setting year for Manhattan’s office market. Leasing activity, which includes new deals and expansions, hit 32.4 million square feet, the highest annual total since 2000, according to CBRE. The gains were driven by a strong economy, expanding office employment and, until recently, a surging stock market. Financial services firms accounted for 28 percent […]

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