Family Office Briefing on research byTranswestern·Nov 8, 2024
Downtown Manhattan Office Research Report - Q3 2024
Downtown Manhattan office leasing shows positive absorption in Q3 2024 — family offices should consider co-GP opportunities with established operators.
OfficeQ3 2024
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 1,505.8Thousands SF |
| Overall Vacancy Rate | 19.3% |
| Overall Vacant SF | 17.5MSF |
| Asking Rent | 55.24PSF |
| Sales Volume | 461.7Millions |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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